UMBI: 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.
UMBI
Largest movements
- Financial fixed assets +€1.8m
new in 2025: €1.8m
- Cash +€71,434
up €71,434 (+54.3%), from €131,588 to €203,023
mainly Debts after one year (+€1.4m) and Current portion of long-term debt (+€310,500)
- Debts after one year +€1.4m
new in 2025: €1.4m
- Current portion of long-term debt +€310,500
new in 2025: €310,500
- Profit (loss) carried forward +€36,542
up €36,542 (+4.7%), from -€774,976 to -€738,434
- Accrued charges and deferred income +€25,283
up €25,283 (+87.1%), from €29,041 to €54,324
- Depreciation -€36,074
down €36,074 (-64.8%), from €55,671 to €19,596
- Financial charges +€29,122
up €29,122 (+3946.5%), from €738 to €29,859
- Gross operating margin -€22,067
down €22,067 (-20.3%), from €108,858 to €86,790
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 | €156,352 | €1,980,373 | +€1.8m | +1166.6% |
| Fixed assets | 21/28 | €24,437 | €1,775,743 | +€1.8m | +7166.7% |
| Intangible fixed assets | 21 | €24,437 | €5,413 | -€19,023 | -77.8% |
| Tangible fixed assets | 22/27 | - | €15,330 | +€15,330 | |
| Furniture and vehicles | 24 | - | €15,330 | +€15,330 | |
| Financial fixed assets | 28 | - | €1,755,000 | +€1.8m | |
| Current assets | 29/58 | €131,916 | €204,630 | +€72,714 | +55.1% |
| Amounts receivable within one year | 40/41 | €327 | €0 | -€327 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €327 | €0 | -€327 | -100.0% |
| Cash at bank and in hand | 54/58 | €131,588 | €203,023 | +€71,434 | +54.3% |
| Deferred charges and accrued income | 490/1 | - | €1,607 | +€1,607 | |
| Total equity and liabilities | 10/49 | €156,352 | €1,980,373 | +€1.8m | +1166.6% |
| Equity | 10/15 | €125,024 | €161,566 | +€36,542 | +29.2% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€774,976 | -€738,434 | +€36,542 | +4.7% |
| Amounts payable | 17/49 | €31,328 | €1,818,807 | +€1.8m | +5705.6% |
| Amounts payable after more than one year | 17 | - | €1,444,500 | +€1.4m | |
| Financial debts | 170/4 | - | €1,444,500 | +€1.4m | |
| Amounts payable within one year | 42/48 | €2,287 | €319,983 | +€317,696 | +13889.9% |
| Current portion of amounts payable after more than one year | 42 | - | €310,500 | +€310,500 | |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,287 | €448 | -€1,839 | -80.4% |
| Suppliers | 440/4 | €2,287 | €448 | -€1,839 | -80.4% |
| Taxes, remuneration and social security | 45 | €0 | €9,035 | +€9,035 | |
| Taxes | 450/3 | €0 | €9,035 | +€9,035 | |
| Accrued charges and deferred income | 492/3 | €29,041 | €54,324 | +€25,283 | +87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,671 | €19,596 | -€36,074 | -64.8% |
| Other operating charges | 640/8 | €0 | €793 | +€793 | |
| Gross operating margin | 9900 | €108,858 | €86,790 | -€22,067 | -20.3% |
| Operating profit (loss) | 9901 | €53,187 | €66,401 | +€13,214 | +24.8% |
| Financial charges | 65/66B | €738 | €29,859 | +€29,122 | +3946.5% |
| Recurring financial charges | 65 | €738 | €29,859 | +€29,122 | +3946.5% |
| Profit (loss) for the period before taxes | 9903 | €52,449 | €36,542 | -€15,907 | -30.3% |
| Profit (loss) for the period | 9904 | €52,449 | €36,542 | -€15,907 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,449 | €36,542 | -€15,907 | -30.3% |
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 4 October 2026 via checked.be.