UMANIT: 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.
UMANIT
Largest movements
- Receivables within one year -€67,950
down €67,950 (-96.1%), from €70,690 to €2,740
of which Trade receivables: -€60,137
- Intangible fixed assets +€62,878
up €62,878 (+71.8%), from €87,631 to €150,509
- Receivables after one year +€54,300
up €54,300 (+22.9%), from €237,000 to €291,300
- Cash +€31,970
up €31,970 (+13.8%), from €231,152 to €263,122
mainly Other debts (+€264,528) and Net result for the year (+€118,231)
- Tangible fixed assets +€27,888
up €27,888 (+44.5%), from €62,678 to €90,566
- Other debts +€264,528
new in 2025: €264,528
- Reserves -€199,117
down €199,117 (-28.8%), from €692,001 to €492,884
- Trade debts +€20,188
new in 2025: €20,188
- Tax, wage and social debts +€20,080
up €20,080 (+60.9%), from €32,998 to €53,078
- Debts after one year +€14,511
new in 2025: €14,511
- Gross operating margin -€61,849
down €61,849 (-21.2%), from €291,154 to €229,306
- Depreciation +€38,370
up €38,370 (+105%), from €36,472 to €74,843
- Taxes +€11,863
up €11,863 (+51.1%), from €23,211 to €35,074
- Other operating charges +€8,156
up €8,156 (+1,554%), from €525 to €8,681
- Financial income +€4,130
up €4,130 (+85.1%), from €4,852 to €8,982
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 | €730,313 | €856,920 | +€126,607 | +17.3% |
| Fixed assets | 21/28 | €154,409 | €245,175 | +€90,766 | +58.8% |
| Intangible fixed assets | 21 | €87,631 | €150,509 | +€62,878 | +71.8% |
| Tangible fixed assets | 22/27 | €62,678 | €90,566 | +€27,888 | +44.5% |
| Furniture and vehicles | 24 | €62,678 | €90,566 | +€27,888 | +44.5% |
| Financial fixed assets | 28 | €4,100 | €4,100 | = | 0.0% |
| Current assets | 29/58 | €575,904 | €611,745 | +€35,841 | +6.2% |
| Amounts receivable after more than one year | 29 | €237,000 | €291,300 | +€54,300 | +22.9% |
| Other amounts receivable | 291 | €237,000 | €291,300 | +€54,300 | +22.9% |
| Amounts receivable within one year | 40/41 | €70,690 | €2,740 | -€67,950 | -96.1% |
| Trade receivables | 40 | €60,137 | - | -€60,137 | |
| Other amounts receivable | 41 | €10,553 | €2,740 | -€7,813 | -74.0% |
| Current investments | 50/53 | €36,320 | €54,583 | +€18,263 | +50.3% |
| Cash at bank and in hand | 54/58 | €231,152 | €263,122 | +€31,970 | +13.8% |
| Deferred charges and accrued income | 490/1 | €742 | - | -€742 | |
| Total equity and liabilities | 10/49 | €730,313 | €856,920 | +€126,607 | +17.3% |
| Equity | 10/15 | €693,861 | €494,744 | -€199,117 | -28.7% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €692,001 | €492,884 | -€199,117 | -28.8% |
| Distributable reserves | 133 | €692,001 | €492,884 | -€199,117 | -28.8% |
| Amounts payable | 17/49 | €36,452 | €362,176 | +€325,724 | +894% |
| Amounts payable after more than one year | 17 | - | €14,511 | +€14,511 | |
| Financial debts | 170/4 | - | €14,511 | +€14,511 | |
| Amounts payable within one year | 42/48 | €36,452 | €347,665 | +€311,213 | +854% |
| Current portion of amounts payable after more than one year | 42 | €3,454 | €9,871 | +€6,417 | +186% |
| Trade debts | 44 | - | €20,188 | +€20,188 | |
| Suppliers | 440/4 | - | €20,188 | +€20,188 | |
| Taxes, remuneration and social security | 45 | €32,998 | €53,078 | +€20,080 | +60.9% |
| Taxes | 450/3 | €32,998 | €53,078 | +€20,080 | +60.9% |
| Other amounts payable | 47/48 | - | €264,528 | +€264,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,472 | €74,843 | +€38,370 | +105% |
| Other operating charges | 640/8 | €525 | €8,681 | +€8,156 | +1,554% |
| Gross operating margin | 9900 | €291,154 | €229,306 | -€61,849 | -21.2% |
| Operating profit (loss) | 9901 | €254,157 | €145,782 | -€108,375 | -42.6% |
| Financial income | 75/76B | €4,852 | €8,982 | +€4,130 | +85.1% |
| Recurring financial income | 75 | €4,852 | €8,982 | +€4,130 | +85.1% |
| Financial charges | 65/66B | €704 | €1,460 | +€756 | +107% |
| Recurring financial charges | 65 | €704 | €1,460 | +€756 | +107% |
| Profit (loss) for the period before taxes | 9903 | €258,305 | €153,304 | -€105,000 | -40.6% |
| Income taxes | 67/77 | €23,211 | €35,074 | +€11,863 | +51.1% |
| Profit (loss) for the period | 9904 | €235,094 | €118,231 | -€116,863 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €235,094 | €118,231 | -€116,863 | -49.7% |
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 13 October 2026 via checked.be.