UMAN.AI: what changed
Two financial 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.
UMAN.AI
Largest movements
- Cash -€1.1m
down €1.1m (-67.1%), from €1.6m to €537,403
mainly Net result for the year (-€501,993) and Current investments (-€500,000)
- Current investments +€500,000
new in 2025: €500,000
- Intangible fixed assets +€107,676
up €107,676 (+18.6%), from €579,997 to €687,673
- Tangible fixed assets +€40,017
up €40,017 (+431%), from €9,278 to €49,295
of which Other tangible fixed assets: +€43,622
- Profit (loss) carried forward -€501,993
down €501,993 (-33.3%), from -€1.5m to -€2.0m
- Debts after one year -€144,411
down €144,411 (-31.1%), from €463,900 to €319,489
- Current portion of long-term debt +€108,310
up €108,310 (+300%), from €36,100 to €144,411
- Trade debts +€50,640
up €50,640 (+78.9%), from €64,200 to €114,840
- Accrued charges and deferred income +€39,710
up €39,710 (+14.6%), from €272,480 to €312,190
- Financial charges -€139,244
down €139,244 (-83.3%), from €167,151 to €27,907
- Depreciation +€51,107
up €51,107 (+40.7%), from €125,611 to €176,718
- Staff costs -€30,623
down €30,623 (-7.2%), from €427,589 to €396,966
- Gross operating margin +€21,161
up €21,161 (+33.3%), from €63,616 to €84,778
- Taxes +€12,713
up €12,713 (+58.4%), from -€21,752 to -€9,040
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.
Derived cash bridge
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 | €2,428,601 | €2,021,231 | -€407,369 | -16.8% |
| Fixed assets | 21/28 | €593,240 | €745,218 | +€151,978 | +25.6% |
| Intangible fixed assets | 21 | €579,997 | €687,673 | +€107,676 | +18.6% |
| Tangible fixed assets | 22/27 | €9,278 | €49,295 | +€40,017 | +431% |
| Plant, machinery and equipment | 23 | €4,295 | €2,528 | -€1,766 | -41.1% |
| Furniture and vehicles | 24 | €3,751 | €1,913 | -€1,838 | -49.0% |
| Other tangible fixed assets | 26 | €1,232 | €44,854 | +€43,622 | +3,540% |
| Financial fixed assets | 28 | €3,965 | €8,250 | +€4,285 | +108% |
| Current assets | 29/58 | €1,835,360 | €1,276,013 | -€559,347 | -30.5% |
| Amounts receivable within one year | 40/41 | €197,158 | €220,677 | +€23,518 | +11.9% |
| Trade receivables | 40 | €157,948 | €158,381 | +€432 | +0.3% |
| Other amounts receivable | 41 | €39,210 | €62,296 | +€23,086 | +58.9% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €1,632,523 | €537,403 | -€1.1m | -67.1% |
| Deferred charges and accrued income | 490/1 | €5,679 | €17,933 | +€12,254 | +216% |
| Total equity and liabilities | 10/49 | €2,428,601 | €2,021,231 | -€407,369 | -16.8% |
| Equity | 10/15 | €1,543,746 | €1,062,111 | -€481,635 | -31.2% |
| Contributions | 10/11 | €3,050,629 | €3,070,987 | +€20,358 | +0.7% |
| Profit (loss) carried forward | 14 | -€1,506,883 | -€2,008,876 | -€501,993 | -33.3% |
| Amounts payable | 17/49 | €884,855 | €959,120 | +€74,265 | +8.4% |
| Amounts payable after more than one year | 17 | €463,900 | €319,489 | -€144,411 | -31.1% |
| Financial debts | 170/4 | €463,900 | €319,489 | -€144,411 | -31.1% |
| Amounts payable within one year | 42/48 | €148,475 | €327,441 | +€178,966 | +121% |
| Current portion of amounts payable after more than one year | 42 | €36,100 | €144,411 | +€108,310 | +300% |
| Financial debts | 43 | €2,664 | €17,953 | +€15,289 | +574% |
| Credit institutions | 430/8 | €2,664 | €17,953 | +€15,289 | +574% |
| Trade debts | 44 | €64,200 | €114,840 | +€50,640 | +78.9% |
| Suppliers | 440/4 | €64,200 | €114,840 | +€50,640 | +78.9% |
| Taxes, remuneration and social security | 45 | €45,511 | €50,237 | +€4,726 | +10.4% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €45,511 | €50,237 | +€4,726 | +10.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €272,480 | €312,190 | +€39,710 | +14.6% |
| Remuneration, social security and pensions | 62 | €427,589 | €396,966 | -€30,623 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,611 | €176,718 | +€51,107 | +40.7% |
| Other operating charges | 640/8 | €494 | €1,980 | +€1,487 | +301% |
| Gross operating margin | 9900 | €63,616 | €84,778 | +€21,161 | +33.3% |
| Operating profit (loss) | 9901 | -€490,077 | -€490,886 | -€809 | -0.2% |
| Financial income | 75/76B | €14,030 | €7,761 | -€6,270 | -44.7% |
| Recurring financial income | 75 | €14,030 | €7,761 | -€6,270 | -44.7% |
| Financial charges | 65/66B | €167,151 | €27,907 | -€139,244 | -83.3% |
| Recurring financial charges | 65 | €167,151 | €27,907 | -€139,244 | -83.3% |
| Profit (loss) for the period before taxes | 9903 | -€643,198 | -€511,032 | +€132,166 | +20.5% |
| Income taxes | 67/77 | -€21,752 | -€9,040 | +€12,713 | +58.4% |
| Profit (loss) for the period | 9904 | -€621,445 | -€501,993 | +€119,453 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€621,445 | -€501,993 | +€119,453 | +19.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.