UMC: 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.
UMC
Largest movements
- Current investments +€23,308
new in 2025: €23,308
- Cash -€18,871
down €18,871 (-44.8%), from €42,099 to €23,228
mainly Other debts (-€29,828) and Current investments (-€23,308)
- Receivables within one year -€16,333
down €16,333 (-52.4%), from €31,194 to €14,861
of which Other amounts receivable: -€14,987
- Tangible fixed assets +€12,659
new in 2025: €12,659
of which Furniture and vehicles: +€10,104
- Other debts -€29,828
down €29,828 (-6.4%), from €464,370 to €434,542
- Reserves +€26,799
up €26,799 (+11.5%), from €232,449 to €259,248
- Accrued charges and deferred income +€13,841
up €13,841 (+768.9%), from €1,800 to €15,641
- Short-term financial debts -€13,333
down €13,333 (-38.5%), from €34,622 to €21,289
of which Other loans: -€15,041
- Other operating charges -€37,032
down €37,032 (-99.8%), from €37,094 to €62
- Write-downs +€36,722
no longer reported in 2025 (was -€36,722)
- Gross operating margin -€29,924
down €29,924 (-31.6%), from €94,627 to €64,703
- Taxes -€13,025
down €13,025 (-44.6%), from €29,177 to €16,152
- Financial charges +€12,299
up €12,299 (+144.2%), from €8,527 to €20,825
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 | €762,198 | €763,940 | +€1,742 | +0.2% |
| Fixed assets | 21/28 | €688,905 | €701,564 | +€12,659 | +1.8% |
| Tangible fixed assets | 22/27 | - | €12,659 | +€12,659 | |
| Plant, machinery and equipment | 23 | - | €2,555 | +€2,555 | |
| Furniture and vehicles | 24 | - | €10,104 | +€10,104 | |
| Financial fixed assets | 28 | €688,905 | €688,905 | = | 0.0% |
| Current assets | 29/58 | €73,293 | €62,376 | -€10,917 | -14.9% |
| Amounts receivable within one year | 40/41 | €31,194 | €14,861 | -€16,333 | -52.4% |
| Trade receivables | 40 | €13,371 | €12,025 | -€1,346 | -10.1% |
| Other amounts receivable | 41 | €17,823 | €2,836 | -€14,987 | -84.1% |
| Current investments | 50/53 | - | €23,308 | +€23,308 | |
| Cash at bank and in hand | 54/58 | €42,099 | €23,228 | -€18,871 | -44.8% |
| Deferred charges and accrued income | 490/1 | - | €979 | +€979 | |
| Total equity and liabilities | 10/49 | €762,198 | €763,940 | +€1,742 | +0.2% |
| Equity | 10/15 | €251,049 | €277,848 | +€26,799 | +10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232,449 | €259,248 | +€26,799 | +11.5% |
| Distributable reserves | 133 | €232,449 | €259,248 | +€26,799 | +11.5% |
| Amounts payable | 17/49 | €511,149 | €486,091 | -€25,057 | -4.9% |
| Amounts payable within one year | 42/48 | €509,349 | €470,451 | -€38,898 | -7.6% |
| Financial debts | 43 | €34,622 | €21,289 | -€13,333 | -38.5% |
| Credit institutions | 430/8 | - | €1,709 | +€1,709 | |
| Other loans | 439 | €34,622 | €19,580 | -€15,041 | -43.4% |
| Trade debts | 44 | €3,074 | €2,825 | -€249 | -8.1% |
| Suppliers | 440/4 | €3,074 | €2,825 | -€249 | -8.1% |
| Taxes, remuneration and social security | 45 | €7,283 | €11,795 | +€4,511 | +61.9% |
| Taxes | 450/3 | €7,283 | €11,795 | +€4,511 | +61.9% |
| Other amounts payable | 47/48 | €464,370 | €434,542 | -€29,828 | -6.4% |
| Accrued charges and deferred income | 492/3 | €1,800 | €15,641 | +€13,841 | +768.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52 | €518 | +€467 | +905.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€36,722 | - | +€36,722 | |
| Other operating charges | 640/8 | €37,094 | €62 | -€37,032 | -99.8% |
| Gross operating margin | 9900 | €94,627 | €64,703 | -€29,924 | -31.6% |
| Operating profit (loss) | 9901 | €94,203 | €64,123 | -€30,080 | -31.9% |
| Financial income | 75/76B | - | €553 | +€553 | |
| Recurring financial income | 75 | - | €553 | +€553 | |
| Financial charges | 65/66B | €8,527 | €20,825 | +€12,299 | +144.2% |
| Recurring financial charges | 65 | €8,527 | €20,825 | +€12,299 | +144.2% |
| Profit (loss) for the period before taxes | 9903 | €85,676 | €43,851 | -€41,826 | -48.8% |
| Income taxes | 67/77 | €29,177 | €16,152 | -€13,025 | -44.6% |
| Profit (loss) for the period | 9904 | €56,500 | €27,699 | -€28,801 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,500 | €27,699 | -€28,801 | -51.0% |
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 7 October 2026 via checked.be.