UMENGO: 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.
UMENGO
Largest movements
- Intangible fixed assets -€7,690
down €7,690 (-14.6%), from €52,705 to €45,015
- Profit (loss) carried forward -€9,689
down €9,689 (-28.8%), from -€33,636 to -€43,325
- Trade debts +€1,429
up €1,429 (+111%), from €1,282 to €2,712
- Gross operating margin +€306
up €306 (+18.4%), from -€1,663 to -€1,357
- Write-downs +€300
new in 2025: €300
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 | €55,878 | €47,848 | -€8,030 | -14.4% |
| Formation expenses | 20 | €1,062 | €880 | -€182 | -17.1% |
| Fixed assets | 21/28 | €52,705 | €45,015 | -€7,690 | -14.6% |
| Intangible fixed assets | 21 | €52,705 | €45,015 | -€7,690 | -14.6% |
| Current assets | 29/58 | €2,111 | €1,953 | -€158 | -7.5% |
| Amounts receivable within one year | 40/41 | €2,012 | €1,935 | -€78 | -3.9% |
| Trade receivables | 40 | €483 | €63 | -€420 | -87.0% |
| Other amounts receivable | 41 | €1,529 | €1,872 | +€342 | +22.4% |
| Cash at bank and in hand | 54/58 | €98 | €18 | -€81 | -82.0% |
| Total equity and liabilities | 10/49 | €55,878 | €47,848 | -€8,030 | -14.4% |
| Equity | 10/15 | €36,364 | €26,675 | -€9,689 | -26.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,636 | -€43,325 | -€9,689 | -28.8% |
| Amounts payable | 17/49 | €19,514 | €21,172 | +€1,659 | +8.5% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,514 | €11,172 | +€1,659 | +17.4% |
| Trade debts | 44 | €1,282 | €2,712 | +€1,429 | +111% |
| Suppliers | 440/4 | €1,282 | €2,712 | +€1,429 | +111% |
| Other amounts payable | 47/48 | €8,231 | €8,461 | +€230 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,872 | €7,872 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €300 | +€300 | |
| Gross operating margin | 9900 | -€1,663 | -€1,357 | +€306 | +18.4% |
| Operating profit (loss) | 9901 | -€9,535 | -€9,529 | +€6 | +0.1% |
| Financial charges | 65/66B | €151 | €160 | +€10 | +6.4% |
| Recurring financial charges | 65 | €151 | €160 | +€10 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,686 | -€9,689 | -€3 | 0.0% |
| Profit (loss) for the period | 9904 | -€9,686 | -€9,689 | -€3 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,686 | -€9,689 | -€3 | 0.0% |
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 28 October 2026 via checked.be.