UMANS IMMO: 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.
UMANS IMMO
Largest movements
- Stocks and contracts -€156,965
down €156,965 (-27.2%), from €577,216 to €420,251
- Receivables within one year -€148,441
down €148,441 (-53.2%), from €279,059 to €130,619
of which Other amounts receivable: -€100,890
- Tangible fixed assets -€108,704
down €108,704 (-8.8%), from €1.2m to €1.1m
of which Plant, machinery and equipment: -€111,005
- Cash +€26,244
up €26,244 (+1896.5%), from €1,384 to €27,628
mainly Stocks and contracts (+€156,965) and Receivables within one year (+€148,441)
- Debts after one year -€240,606
down €240,606 (-24.4%), from €984,808 to €744,202
- Advances received -€202,000
down €202,000 (-93.1%), from €217,057 to €15,057
- Profit (loss) carried forward +€115,640
up €115,640 (+20.5%), from €563,828 to €679,469
- Short-term financial debts -€70,000
no longer reported in 2025 (was €70,000)
- Gross operating margin +€114,217
up €114,217 (+55.9%), from €204,349 to €318,566
- Financial charges -€19,115
down €19,115 (-29.7%), from €64,407 to €45,291
- Depreciation +€3,773
up €3,773 (+2.6%), from €144,539 to €148,312
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 | €2,214,785 | €1,805,937 | -€408,848 | -18.5% |
| Fixed assets | 21/28 | €1,235,873 | €1,127,169 | -€108,704 | -8.8% |
| Tangible fixed assets | 22/27 | €1,235,873 | €1,127,169 | -€108,704 | -8.8% |
| Land and buildings | 22 | €842,211 | €844,125 | +€1,914 | +0.2% |
| Plant, machinery and equipment | 23 | €393,662 | €282,657 | -€111,005 | -28.2% |
| Furniture and vehicles | 24 | - | €387 | +€387 | |
| Current assets | 29/58 | €978,912 | €678,768 | -€300,144 | -30.7% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €577,216 | €420,251 | -€156,965 | -27.2% |
| Stocks | 30/36 | €577,216 | €420,251 | -€156,965 | -27.2% |
| Amounts receivable within one year | 40/41 | €279,059 | €130,619 | -€148,441 | -53.2% |
| Trade receivables | 40 | €47,550 | - | -€47,550 | |
| Other amounts receivable | 41 | €231,509 | €130,619 | -€100,890 | -43.6% |
| Cash at bank and in hand | 54/58 | €1,384 | €27,628 | +€26,244 | +1896.5% |
| Deferred charges and accrued income | 490/1 | €21,253 | €270 | -€20,983 | -98.7% |
| Total equity and liabilities | 10/49 | €2,214,785 | €1,805,937 | -€408,848 | -18.5% |
| Equity | 10/15 | €778,388 | €894,029 | +€115,640 | +14.9% |
| Contributions | 10/11 | €49,600 | €49,600 | = | 0.0% |
| Reserves | 13 | €164,960 | €164,960 | = | 0.0% |
| Distributable reserves | 133 | €164,960 | €164,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €563,828 | €679,469 | +€115,640 | +20.5% |
| Amounts payable | 17/49 | €1,436,397 | €911,908 | -€524,488 | -36.5% |
| Amounts payable after more than one year | 17 | €984,808 | €744,202 | -€240,606 | -24.4% |
| Financial debts | 170/4 | €984,808 | €744,202 | -€240,606 | -24.4% |
| Amounts payable within one year | 42/48 | €430,225 | €152,737 | -€277,488 | -64.5% |
| Current portion of amounts payable after more than one year | 42 | €106,290 | €108,716 | +€2,426 | +2.3% |
| Financial debts | 43 | €70,000 | - | -€70,000 | |
| Credit institutions | 430/8 | €70,000 | - | -€70,000 | |
| Trade debts | 44 | €11,538 | €20,019 | +€8,481 | +73.5% |
| Suppliers | 440/4 | €11,538 | €20,019 | +€8,481 | +73.5% |
| Advances received on contracts in progress | 46 | €217,057 | €15,057 | -€202,000 | -93.1% |
| Taxes, remuneration and social security | 45 | €4,376 | €5,171 | +€795 | +18.2% |
| Taxes | 450/3 | €4,376 | €5,171 | +€795 | +18.2% |
| Other amounts payable | 47/48 | €20,964 | €3,775 | -€17,189 | -82.0% |
| Accrued charges and deferred income | 492/3 | €21,364 | €14,970 | -€6,394 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,539 | €148,312 | +€3,773 | +2.6% |
| Other operating charges | 640/8 | €6,455 | €9,323 | +€2,867 | +44.4% |
| Gross operating margin | 9900 | €204,349 | €318,566 | +€114,217 | +55.9% |
| Operating profit (loss) | 9901 | €53,355 | €160,932 | +€107,577 | +201.6% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.7% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.7% |
| Financial charges | 65/66B | €64,407 | €45,291 | -€19,115 | -29.7% |
| Recurring financial charges | 65 | €64,407 | €45,291 | -€19,115 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,048 | €115,640 | +€126,688 | |
| Profit (loss) for the period | 9904 | -€11,048 | €115,640 | +€126,688 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,048 | €115,640 | +€126,688 |
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 8 October 2026 via checked.be.