UMALIA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
UMALIA
Largest movements
- Cash +€52,573
up €52,573 (+113.1%), from €46,498 to €99,071
mainly Net result for the year (+€44,800) and Tax, wage and social debts (+€31,734)
- Receivables within one year +€18,465
up €18,465 (+45.5%), from €40,551 to €59,016
of which Trade receivables: +€20,044
- Current investments -€15,000
no longer reported in 2025 (was €15,000)
- Tangible fixed assets +€8,757
up €8,757 (+72.6%), from €12,060 to €20,818
of which Furniture and vehicles: +€5,926
- Reserves +€44,799
up €44,799 (+78.9%), from €56,744 to €101,543
of which Distributable reserves: +€44,799
- Tax, wage and social debts +€31,734
up €31,734 (+405.3%), from €7,830 to €39,564
of which Taxes: +€25,395
- Current portion of long-term debt -€13,045
down €13,045 (-76.9%), from €16,958 to €3,913
- Trade debts +€12,771
up €12,771 (+134.7%), from €9,478 to €22,249
- Other debts -€6,903
down €6,903 (-29.8%), from €23,171 to €16,268
- Gross operating margin +€44,476
up €44,476 (+159.6%), from €27,863 to €72,339
- Taxes +€19,678
up €19,678 (+654.7%), from €3,006 to €22,683
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,400 | €178,970 | +€63,570 | +55.1% |
| Fixed assets | 21/28 | €12,060 | €20,818 | +€8,757 | +72.6% |
| Tangible fixed assets | 22/27 | €12,060 | €20,818 | +€8,757 | +72.6% |
| Plant, machinery and equipment | 23 | - | €899 | +€899 | |
| Furniture and vehicles | 24 | €5,372 | €11,298 | +€5,926 | +110.3% |
| Other tangible fixed assets | 26 | €6,688 | €8,621 | +€1,933 | +28.9% |
| Current assets | 29/58 | €103,340 | €158,153 | +€54,813 | +53.0% |
| Stocks and contracts in progress | 3 | €62 | €62 | = | 0.0% |
| Stocks | 30/36 | €62 | €62 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,551 | €59,016 | +€18,465 | +45.5% |
| Trade receivables | 40 | €38,952 | €58,996 | +€20,044 | +51.5% |
| Other amounts receivable | 41 | €1,599 | €20 | -€1,579 | -98.7% |
| Current investments | 50/53 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €46,498 | €99,071 | +€52,573 | +113.1% |
| Deferred charges and accrued income | 490/1 | €1,228 | €4 | -€1,225 | -99.7% |
| Total equity and liabilities | 10/49 | €115,400 | €178,970 | +€63,570 | +55.1% |
| Equity | 10/15 | €52,177 | €96,977 | +€44,800 | +85.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €56,744 | €101,543 | +€44,799 | +78.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,584 | €28,584 | = | 0.0% |
| Distributable reserves | 133 | €26,300 | €71,099 | +€44,799 | +170.3% |
| Profit (loss) carried forward | 14 | -€10,767 | -€10,766 | +€1 | 0.0% |
| Amounts payable | 17/49 | €63,223 | €81,994 | +€18,770 | +29.7% |
| Amounts payable after more than one year | 17 | €2,609 | - | -€2,609 | |
| Financial debts | 170/4 | €2,609 | - | -€2,609 | |
| Amounts payable within one year | 42/48 | €60,615 | €81,994 | +€21,379 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €16,958 | €3,913 | -€13,045 | -76.9% |
| Financial debts | 43 | €3,178 | - | -€3,178 | |
| Credit institutions | 430/8 | €3,178 | - | -€3,178 | |
| Trade debts | 44 | €9,478 | €22,249 | +€12,771 | +134.7% |
| Suppliers | 440/4 | €9,478 | €22,249 | +€12,771 | +134.7% |
| Taxes, remuneration and social security | 45 | €7,830 | €39,564 | +€31,734 | +405.3% |
| Taxes | 450/3 | €7,830 | €33,225 | +€25,395 | +324.3% |
| Remuneration and social security | 454/9 | - | €6,339 | +€6,339 | |
| Other amounts payable | 47/48 | €23,171 | €16,268 | -€6,903 | -29.8% |
| Non-recurring operating income | 76A | €9,411 | €1,011 | -€8,400 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,447 | €4,085 | +€637 | +18.5% |
| Other operating charges | 640/8 | €585 | €602 | +€17 | +2.8% |
| Non-recurring operating charges | 66A | - | €588 | +€588 | |
| Gross operating margin | 9900 | €27,863 | €72,339 | +€44,476 | +159.6% |
| Operating profit (loss) | 9901 | €23,830 | €67,065 | +€43,235 | +181.4% |
| Financial income | 75/76B | €1,263 | €962 | -€301 | -23.8% |
| Recurring financial income | 75 | €1,263 | €962 | -€301 | -23.8% |
| Financial charges | 65/66B | €773 | €544 | -€229 | -29.6% |
| Recurring financial charges | 65 | €773 | €544 | -€229 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €24,321 | €67,483 | +€43,163 | +177.5% |
| Income taxes | 67/77 | €3,006 | €22,683 | +€19,678 | +654.7% |
| Profit (loss) for the period | 9904 | €21,315 | €44,800 | +€23,485 | +110.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,315 | €44,800 | +€23,485 | +110.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.