UMPH: 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.
UMPH
Largest movements
- Receivables within one year -€26,349
down €26,349 (-58.3%), from €45,183 to €18,835
of which Trade receivables: -€33,891
- Tangible fixed assets -€17,583
down €17,583 (-23.6%), from €74,405 to €56,822
of which Furniture and vehicles: -€14,973
- Cash -€9,330
down €9,330 (-28.6%), from €32,571 to €23,240
mainly Contributions, distributions and other (-€51,855) and Net result for the year (-€7,672)
- Reserves -€51,855
down €51,855 (-30.7%), from €168,996 to €117,141
- Advances received +€14,329
new in 2025: €14,329
- Profit (loss) carried forward -€7,672
down €7,672, from €0 to -€7,672
- Tax, wage and social debts -€6,278
down €6,278 (-46.7%), from €13,443 to €7,165
- Other debts -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Gross operating margin -€48,961
down €48,961 (-81.8%), from €59,869 to €10,908
- Taxes -€14,947
down €14,947 (-96.5%), from €15,494 to €548
- Depreciation +€10,476
up €10,476 (+147.4%), from €7,107 to €17,583
- Financial income -€1,096
down €1,096 (-70.5%), from €1,555 to €459
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 | €192,450 | €139,359 | -€53,091 | -27.6% |
| Fixed assets | 21/28 | €74,455 | €56,872 | -€17,583 | -23.6% |
| Tangible fixed assets | 22/27 | €74,405 | €56,822 | -€17,583 | -23.6% |
| Plant, machinery and equipment | 23 | €6,999 | €4,390 | -€2,610 | -37.3% |
| Furniture and vehicles | 24 | €67,405 | €52,432 | -€14,973 | -22.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €117,995 | €82,487 | -€35,508 | -30.1% |
| Amounts receivable within one year | 40/41 | €45,183 | €18,835 | -€26,349 | -58.3% |
| Trade receivables | 40 | €34,191 | €300 | -€33,891 | -99.1% |
| Other amounts receivable | 41 | €10,993 | €18,535 | +€7,542 | +68.6% |
| Current investments | 50/53 | €40,100 | €40,311 | +€210 | +0.5% |
| Cash at bank and in hand | 54/58 | €32,571 | €23,240 | -€9,330 | -28.6% |
| Deferred charges and accrued income | 490/1 | €140 | €101 | -€39 | -28.0% |
| Total equity and liabilities | 10/49 | €192,450 | €139,359 | -€53,091 | -27.6% |
| Equity | 10/15 | €175,196 | €115,668 | -€59,527 | -34.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €168,996 | €117,141 | -€51,855 | -30.7% |
| Distributable reserves | 133 | €168,996 | €117,141 | -€51,855 | -30.7% |
| Profit (loss) carried forward | 14 | €0 | -€7,672 | -€7,672 | |
| Amounts payable | 17/49 | €17,254 | €23,690 | +€6,436 | +37.3% |
| Amounts payable within one year | 42/48 | €17,254 | €23,690 | +€6,436 | +37.3% |
| Financial debts | 43 | €367 | €1,072 | +€705 | +192.3% |
| Credit institutions | 430/8 | €367 | €1,072 | +€705 | +192.3% |
| Trade debts | 44 | €1,444 | €1,124 | -€321 | -22.2% |
| Suppliers | 440/4 | €1,444 | €1,124 | -€321 | -22.2% |
| Advances received on contracts in progress | 46 | - | €14,329 | +€14,329 | |
| Taxes, remuneration and social security | 45 | €13,443 | €7,165 | -€6,278 | -46.7% |
| Taxes | 450/3 | €13,443 | €7,165 | -€6,278 | -46.7% |
| Other amounts payable | 47/48 | €2,000 | €0 | -€2,000 | -100.0% |
| Non-recurring operating income | 76A | €2,262 | €0 | -€2,262 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,107 | €17,583 | +€10,476 | +147.4% |
| Other operating charges | 640/8 | €551 | €633 | +€81 | +14.7% |
| Gross operating margin | 9900 | €59,869 | €10,908 | -€48,961 | -81.8% |
| Operating profit (loss) | 9901 | €52,210 | -€7,308 | -€59,518 | |
| Financial income | 75/76B | €1,555 | €459 | -€1,096 | -70.5% |
| Recurring financial income | 75 | €1,555 | €459 | -€1,096 | -70.5% |
| Financial charges | 65/66B | €365 | €276 | -€89 | -24.4% |
| Recurring financial charges | 65 | €365 | €276 | -€89 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €53,400 | -€7,125 | -€60,525 | |
| Income taxes | 67/77 | €15,494 | €548 | -€14,947 | -96.5% |
| Profit (loss) for the period | 9904 | €37,906 | -€7,672 | -€45,579 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,906 | -€7,672 | -€45,579 |
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 9 October 2026 via checked.be.