UMBA: 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.
UMBA
Largest movements
- Cash +€20,638
up €20,638 (+5.6%), from €368,526 to €389,164
mainly Net result for the year (+€72,498) and Depreciation (+€15,499)
- Tangible fixed assets -€13,986
down €13,986 (-26.9%), from €51,928 to €37,942
of which Furniture and vehicles: -€11,888
- Reserves -€26,873
down €26,873 (-13.5%), from €198,730 to €171,857
of which Tax-exempt reserves: -€198,730
- Profit (loss) carried forward +€25,148
up €25,148 (+10.0%), from €251,751 to €276,899
- Other debts +€5,427
up €5,427 (+673.3%), from €806 to €6,233
- Taxes +€6,202
up €6,202 (+26.7%), from €23,209 to €29,411
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 | €459,540 | €462,073 | +€2,533 | +0.6% |
| Fixed assets | 21/28 | €63,776 | €49,790 | -€13,986 | -21.9% |
| Tangible fixed assets | 22/27 | €51,928 | €37,942 | -€13,986 | -26.9% |
| Land and buildings | 22 | €10,829 | €8,731 | -€2,098 | -19.4% |
| Furniture and vehicles | 24 | €41,099 | €29,211 | -€11,888 | -28.9% |
| Financial fixed assets | 28 | €11,848 | €11,848 | = | 0.0% |
| Current assets | 29/58 | €395,764 | €412,283 | +€16,519 | +4.2% |
| Amounts receivable after more than one year | 29 | €3,588 | €2,497 | -€1,091 | -30.4% |
| Other amounts receivable | 291 | €3,588 | €2,497 | -€1,091 | -30.4% |
| Amounts receivable within one year | 40/41 | €21,447 | €18,247 | -€3,200 | -14.9% |
| Trade receivables | 40 | €17,642 | €18,247 | +€605 | +3.4% |
| Other amounts receivable | 41 | €3,805 | - | -€3,805 | |
| Cash at bank and in hand | 54/58 | €368,526 | €389,164 | +€20,638 | +5.6% |
| Deferred charges and accrued income | 490/1 | €2,203 | €2,375 | +€172 | +7.8% |
| Total equity and liabilities | 10/49 | €459,540 | €462,073 | +€2,533 | +0.6% |
| Equity | 10/15 | €450,481 | €448,756 | -€1,725 | -0.4% |
| Reserves | 13 | €198,730 | €171,857 | -€26,873 | -13.5% |
| Tax-exempt reserves | 132 | €198,730 | - | -€198,730 | |
| Distributable reserves | 133 | - | €171,857 | +€171,857 | |
| Profit (loss) carried forward | 14 | €251,751 | €276,899 | +€25,148 | +10.0% |
| Amounts payable | 17/49 | €9,059 | €13,317 | +€4,258 | +47.0% |
| Amounts payable within one year | 42/48 | €9,059 | €13,317 | +€4,258 | +47.0% |
| Trade debts | 44 | €435 | €590 | +€155 | +35.6% |
| Suppliers | 440/4 | €435 | €590 | +€155 | +35.6% |
| Taxes, remuneration and social security | 45 | €7,818 | €6,494 | -€1,324 | -16.9% |
| Taxes | 450/3 | €7,818 | €6,494 | -€1,324 | -16.9% |
| Other amounts payable | 47/48 | €806 | €6,233 | +€5,427 | +673.3% |
| Non-recurring operating income | 76A | €4,886 | €5,544 | +€658 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,085 | €15,499 | -€586 | -3.6% |
| Other operating charges | 640/8 | €1,234 | €2,170 | +€936 | +75.9% |
| Gross operating margin | 9900 | €116,657 | €115,874 | -€783 | -0.7% |
| Operating profit (loss) | 9901 | €99,338 | €98,205 | -€1,133 | -1.1% |
| Financial income | 75/76B | €2,892 | €3,979 | +€1,087 | +37.6% |
| Recurring financial income | 75 | €2,892 | €3,979 | +€1,087 | +37.6% |
| Financial charges | 65/66B | €615 | €275 | -€340 | -55.3% |
| Recurring financial charges | 65 | €615 | €275 | -€340 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €101,615 | €101,909 | +€294 | +0.3% |
| Income taxes | 67/77 | €23,209 | €29,411 | +€6,202 | +26.7% |
| Profit (loss) for the period | 9904 | €78,406 | €72,498 | -€5,908 | -7.5% |
| Transfer to tax-exempt reserves | 689 | €50,774 | - | -€50,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,632 | €72,498 | +€44,866 | +162.4% |
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 3 October 2026 via checked.be.