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UMAMI: 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.

What changed

UMAMI

BE 0765.877.653
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1,215
2023 · €2,630-€1,415
Equity
€16,904
2023 · €15,689+€1,215
Cash
€407
2023 · €40+€367
Balance sheet total
€63,244
2023 · €48,151+€15,093

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€17,355

    up €17,355 (+60.3%), from €28,777 to €46,132

    of which Trade receivables: +€19,953

  • Tangible fixed assets -€1,784

    down €1,784 (-28.0%), from €6,375 to €4,591

    of which Furniture and vehicles: -€1,289

  • Deferred charges and accrued income -€846

    down €846 (-88.2%), from €960 to €114

Equity and liabilities
  • Tax, wage and social debts +€9,425

    up €9,425 (+114.4%), from €8,241 to €17,666

  • Trade debts +€8,579

    up €8,579 (+156.3%), from €5,489 to €14,068

  • Other debts +€6,336

    new in 2024: €6,336

  • Current portion of long-term debt -€4,793

    down €4,793 (-58.9%), from €8,140 to €3,347

  • Debts after one year -€3,347

    down €3,347 (-50.6%), from €6,608 to €3,261

Income statement
  • Gross operating margin -€2,020

    down €2,020 (-16.7%), from €12,088 to €10,068

  • Depreciation -€853

    down €853 (-23.3%), from €3,658 to €2,805

  • Taxes -€803

    down €803 (-33.0%), from €2,429 to €1,626

  • Financial charges +€766

    up €766 (+106.3%), from €720 to €1,486

  • Other operating charges +€292

    up €292 (+11.0%), from €2,651 to €2,944

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €2,630
Gross operating margin -€2,020
Depreciation +€853
Other operating charges -€292
Financial income +€8
Financial charges -€766
Taxes +€803
Result 2024 €1,215

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€11,110
Investment -€1,021
Financing -€9,721
Cash 2023 €40
Net result for the year +€1,215
Depreciation +€2,805
Receivables within one year -€17,355
Deferred charges and accrued income +€846
Trade debts +€8,579
Tax, wage and social debts +€9,425
Advances received +€385
Other debts +€6,336
Accrued charges and deferred income -€1,126
Investment in fixed assets (net) -€1,021
Debts after one year -€3,347
Current portion of long-term debt -€4,793
Short-term financial debts -€1,581
Cash 2024 €407
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €48,151 €63,244 +€15,093 +31.3%
Fixed assets 21/28 €18,375 €16,591 -€1,784 -9.7%
Tangible fixed assets 22/27 €6,375 €4,591 -€1,784 -28.0%
Plant, machinery and equipment 23 €691 €436 -€255 -36.9%
Furniture and vehicles 24 €4,790 €3,502 -€1,289 -26.9%
Other tangible fixed assets 26 €894 €654 -€240 -26.9%
Financial fixed assets 28 €12,000 €12,000 = 0.0%
Current assets 29/58 €29,776 €46,653 +€16,877 +56.7%
Amounts receivable within one year 40/41 €28,777 €46,132 +€17,355 +60.3%
Trade receivables 40 €22,386 €42,339 +€19,953 +89.1%
Other amounts receivable 41 €6,390 €3,793 -€2,598 -40.6%
Cash at bank and in hand 54/58 €40 €407 +€367 +918.9%
Deferred charges and accrued income 490/1 €960 €114 -€846 -88.2%
Total equity and liabilities 10/49 €48,151 €63,244 +€15,093 +31.3%
Equity 10/15 €15,689 €16,904 +€1,215 +7.7%
Contributions 10/11 €4,000 €4,000 = 0.0%
Profit (loss) carried forward 14 €11,689 €12,904 +€1,215 +10.4%
Amounts payable 17/49 €32,462 €46,340 +€13,878 +42.8%
Amounts payable after more than one year 17 €6,608 €3,261 -€3,347 -50.6%
Financial debts 170/4 €6,608 €3,261 -€3,347 -50.6%
Amounts payable within one year 42/48 €24,729 €43,079 +€18,351 +74.2%
Current portion of amounts payable after more than one year 42 €8,140 €3,347 -€4,793 -58.9%
Financial debts 43 €1,581 - -€1,581
Credit institutions 430/8 €1,581 - -€1,581
Trade debts 44 €5,489 €14,068 +€8,579 +156.3%
Suppliers 440/4 €5,489 €14,068 +€8,579 +156.3%
Advances received on contracts in progress 46 €1,278 €1,662 +€385 +30.1%
Taxes, remuneration and social security 45 €8,241 €17,666 +€9,425 +114.4%
Taxes 450/3 €8,241 €17,666 +€9,425 +114.4%
Other amounts payable 47/48 - €6,336 +€6,336
Accrued charges and deferred income 492/3 €1,126 - -€1,126
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,658 €2,805 -€853 -23.3%
Other operating charges 640/8 €2,651 €2,944 +€292 +11.0%
Gross operating margin 9900 €12,088 €10,068 -€2,020 -16.7%
Operating profit (loss) 9901 €5,779 €4,320 -€1,460 -25.3%
Financial income 75/76B - €8 +€8
Recurring financial income 75 - €8 +€8
Financial charges 65/66B €720 €1,486 +€766 +106.3%
Recurring financial charges 65 €720 €1,486 +€766 +106.3%
Profit (loss) for the period before taxes 9903 €5,059 €2,841 -€2,218 -43.8%
Income taxes 67/77 €2,429 €1,626 -€803 -33.0%
Profit (loss) for the period 9904 €2,630 €1,215 -€1,415 -53.8%
Profit (loss) for the period to be appropriated 9905 €2,630 €1,215 -€1,415 -53.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.