UMANS-GEERKENS: 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.
UMANS-GEERKENS
Largest movements
- Cash +€7,482
up €7,482 (+124%), from €6,034 to €13,516
mainly Deferred charges and accrued income (+€3,653) and Net result for the year (+€1,710)
- Deferred charges and accrued income -€3,653
down €3,653 (-41.5%), from €8,805 to €5,152
- Tangible fixed assets -€343
down €343 (-14.1%), from €2,428 to €2,085
of which Land and buildings: -€191
- Profit (loss) carried forward +€1,710
up €1,710 (+19.6%), from -€8,705 to -€6,995
- Tax, wage and social debts +€1,377
up €1,377 (+233%), from €592 to €1,969
- Trade debts +€584
up €584 (+483%), from €121 to €705
- Gross operating margin +€4,414
up €4,414 (+274%), from €1,609 to €6,023
- Taxes +€1,362
up €1,362 (+399%), from €341 to €1,703
- Depreciation -€1,344
down €1,344 (-52.3%), from €2,571 to €1,227
- Financial charges -€163
down €163 (-23.2%), from €704 to €541
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 | €22,476 | €25,962 | +€3,486 | +15.5% |
| Fixed assets | 21/28 | €2,428 | €2,085 | -€343 | -14.1% |
| Tangible fixed assets | 22/27 | €2,428 | €2,085 | -€343 | -14.1% |
| Land and buildings | 22 | €884 | €693 | -€191 | -21.6% |
| Plant, machinery and equipment | 23 | €87 | €13 | -€74 | -85.1% |
| Furniture and vehicles | 24 | €1,457 | €1,379 | -€78 | -5.4% |
| Current assets | 29/58 | €20,048 | €23,877 | +€3,829 | +19.1% |
| Amounts receivable within one year | 40/41 | €5,209 | €5,209 | = | 0.0% |
| Trade receivables | 40 | €4,899 | €5,209 | +€310 | +6.3% |
| Other amounts receivable | 41 | €310 | - | -€310 | |
| Cash at bank and in hand | 54/58 | €6,034 | €13,516 | +€7,482 | +124% |
| Deferred charges and accrued income | 490/1 | €8,805 | €5,152 | -€3,653 | -41.5% |
| Total equity and liabilities | 10/49 | €22,476 | €25,962 | +€3,486 | +15.5% |
| Equity | 10/15 | €9,792 | €11,502 | +€1,710 | +17.5% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €12,197 | €12,197 | = | 0.0% |
| Distributable reserves | 133 | €12,197 | €12,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,705 | -€6,995 | +€1,710 | +19.6% |
| Amounts payable | 17/49 | €12,684 | €14,460 | +€1,776 | +14.0% |
| Amounts payable within one year | 42/48 | €12,684 | €14,460 | +€1,776 | +14.0% |
| Trade debts | 44 | €121 | €705 | +€584 | +483% |
| Suppliers | 440/4 | €121 | €705 | +€584 | +483% |
| Taxes, remuneration and social security | 45 | €592 | €1,969 | +€1,377 | +233% |
| Taxes | 450/3 | €592 | €1,969 | +€1,377 | +233% |
| Other amounts payable | 47/48 | €11,971 | €11,786 | -€185 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,571 | €1,227 | -€1,344 | -52.3% |
| Other operating charges | 640/8 | €825 | €842 | +€17 | +2.1% |
| Gross operating margin | 9900 | €1,609 | €6,023 | +€4,414 | +274% |
| Operating profit (loss) | 9901 | -€1,787 | €3,954 | +€5,741 | |
| Financial charges | 65/66B | €704 | €541 | -€163 | -23.2% |
| Recurring financial charges | 65 | €704 | €541 | -€163 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,491 | €3,413 | +€5,904 | |
| Income taxes | 67/77 | €341 | €1,703 | +€1,362 | +399% |
| Profit (loss) for the period | 9904 | -€2,832 | €1,710 | +€4,542 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,832 | €1,710 | +€4,542 |
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 1 November 2026 via checked.be.