UMO: 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.
UMO
Largest movements
- Tangible fixed assets +€92,221
up €92,221 (+18.5%), from €497,504 to €589,725
of which Land and buildings: +€94,067
- Receivables within one year -€62,408
down €62,408 (-48.0%), from €129,886 to €67,478
of which Trade receivables: -€60,987
- Trade debts +€65,993
up €65,993 (+1613.5%), from €4,090 to €70,083
- Debts after one year -€32,494
down €32,494 (-8.2%), from €397,689 to €365,195
of which Financial debts: -€18,659
- Gross operating margin +€5,627
up €5,627 (+14.7%), from €38,163 to €43,789
- Depreciation +€3,611
up €3,611 (+10.7%), from €33,858 to €37,470
- Financial charges +€1,834
up €1,834 (+49.8%), from €3,685 to €5,519
- Other operating charges +€449
up €449 (+42.0%), from €1,071 to €1,520
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 | €630,386 | €663,851 | +€33,465 | +5.3% |
| Formation expenses | 20 | €834 | - | -€834 | |
| Fixed assets | 21/28 | €497,504 | €589,725 | +€92,221 | +18.5% |
| Tangible fixed assets | 22/27 | €497,504 | €589,725 | +€92,221 | +18.5% |
| Land and buildings | 22 | €494,180 | €588,246 | +€94,067 | +19.0% |
| Plant, machinery and equipment | 23 | €3,324 | €1,479 | -€1,845 | -55.5% |
| Current assets | 29/58 | €132,049 | €74,126 | -€57,923 | -43.9% |
| Amounts receivable within one year | 40/41 | €129,886 | €67,478 | -€62,408 | -48.0% |
| Trade receivables | 40 | €123,160 | €62,174 | -€60,987 | -49.5% |
| Other amounts receivable | 41 | €6,725 | €5,304 | -€1,421 | -21.1% |
| Cash at bank and in hand | 54/58 | €2,163 | €2,205 | +€42 | +1.9% |
| Deferred charges and accrued income | 490/1 | - | €4,443 | +€4,443 | |
| Total equity and liabilities | 10/49 | €630,386 | €663,851 | +€33,465 | +5.3% |
| Equity | 10/15 | €210,256 | €209,560 | -€696 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,777 | €73,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,917 | €71,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,880 | €117,183 | -€696 | -0.6% |
| Amounts payable | 17/49 | €420,130 | €454,291 | +€34,161 | +8.1% |
| Amounts payable after more than one year | 17 | €397,689 | €365,195 | -€32,494 | -8.2% |
| Financial debts | 170/4 | €142,734 | €124,075 | -€18,659 | -13.1% |
| Other amounts payable | 178/9 | €254,955 | €241,120 | -€13,836 | -5.4% |
| Amounts payable within one year | 42/48 | €22,441 | €89,096 | +€66,655 | +297.0% |
| Current portion of amounts payable after more than one year | 42 | €18,072 | €18,659 | +€586 | +3.2% |
| Trade debts | 44 | €4,090 | €70,083 | +€65,993 | +1613.5% |
| Suppliers | 440/4 | €4,090 | €70,083 | +€65,993 | +1613.5% |
| Taxes, remuneration and social security | 45 | €279 | €354 | +€75 | +27.1% |
| Taxes | 450/3 | €279 | €354 | +€75 | +27.1% |
| Non-recurring operating income | 76A | €55,000 | €32,000 | -€23,000 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,858 | €37,470 | +€3,611 | +10.7% |
| Other operating charges | 640/8 | €1,071 | €1,520 | +€449 | +42.0% |
| Gross operating margin | 9900 | €38,163 | €43,789 | +€5,627 | +14.7% |
| Operating profit (loss) | 9901 | €3,234 | €4,799 | +€1,566 | +48.4% |
| Financial income | 75/76B | €64 | €23 | -€41 | -63.6% |
| Recurring financial income | 75 | €64 | €23 | -€41 | -63.6% |
| Financial charges | 65/66B | €3,685 | €5,519 | +€1,834 | +49.8% |
| Recurring financial charges | 65 | €3,685 | €5,519 | +€1,834 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | -€387 | -€696 | -€309 | -79.8% |
| Income taxes | 67/77 | €19 | - | -€19 | |
| Profit (loss) for the period | 9904 | -€407 | -€696 | -€290 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€407 | -€696 | -€290 | -71.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.