UMS GROUP: 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.
UMS GROUP
Largest movements
- Financial fixed assets -€303,000
no longer reported in 2025 (was €303,000)
- Cash -€284,899
down €284,899 (-45.6%), from €624,734 to €339,835
mainly Other debts (-€482,085) and Contributions, distributions and other (-€250,000)
- Tangible fixed assets +€209,623
up €209,623 (+50.9%), from €412,030 to €621,653
of which Land and buildings: +€222,790
- Receivables within one year -€111,341
down €111,341 (-34.4%), from €323,658 to €212,317
of which Trade receivables: -€111,043
- Other debts -€482,085
down €482,085 (-37.4%), from €1.3m to €806,132
- Reserves +€41,241
new in 2025: €41,241
- Tax, wage and social debts -€16,992
down €16,992 (-11.9%), from €142,842 to €125,849
of which Taxes: -€18,960
- Financial income +€158,299
up €158,299 (+10615.0%), from €1,491 to €159,790
- Other operating charges -€72,961
down €72,961 (-92.2%), from €79,112 to €6,151
- Gross operating margin -€66,545
down €66,545 (-19.1%), from €349,073 to €282,527
- Depreciation +€36,104
up €36,104 (+116.6%), from €30,973 to €67,077
- Taxes +€21,539
up €21,539 (+40.3%), from €53,490 to €75,029
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 | €1,663,532 | €1,174,225 | -€489,307 | -29.4% |
| Fixed assets | 21/28 | €715,030 | €621,653 | -€93,377 | -13.1% |
| Tangible fixed assets | 22/27 | €412,030 | €621,653 | +€209,623 | +50.9% |
| Land and buildings | 22 | €371,370 | €594,160 | +€222,790 | +60.0% |
| Plant, machinery and equipment | 23 | €1,955 | €1,368 | -€587 | -30.0% |
| Furniture and vehicles | 24 | €35,465 | €23,372 | -€12,093 | -34.1% |
| Other tangible fixed assets | 26 | €3,240 | €2,753 | -€486 | -15.0% |
| Financial fixed assets | 28 | €303,000 | - | -€303,000 | |
| Current assets | 29/58 | €948,502 | €552,572 | -€395,930 | -41.7% |
| Amounts receivable within one year | 40/41 | €323,658 | €212,317 | -€111,341 | -34.4% |
| Trade receivables | 40 | €223,538 | €112,495 | -€111,043 | -49.7% |
| Other amounts receivable | 41 | €100,119 | €99,822 | -€297 | -0.3% |
| Cash at bank and in hand | 54/58 | €624,734 | €339,835 | -€284,899 | -45.6% |
| Deferred charges and accrued income | 490/1 | €110 | €421 | +€311 | +282.3% |
| Total equity and liabilities | 10/49 | €1,663,532 | €1,174,225 | -€489,307 | -29.4% |
| Equity | 10/15 | €18,600 | €59,841 | +€41,241 | +221.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €41,241 | +€41,241 | |
| Distributable reserves | 133 | - | €41,241 | +€41,241 | |
| Amounts payable | 17/49 | €1,644,932 | €1,114,384 | -€530,548 | -32.3% |
| Amounts payable after more than one year | 17 | €160,734 | €145,158 | -€15,576 | -9.7% |
| Financial debts | 170/4 | €160,734 | €145,158 | -€15,576 | -9.7% |
| Amounts payable within one year | 42/48 | €1,477,798 | €966,826 | -€510,972 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €15,346 | €15,576 | +€230 | +1.5% |
| Financial debts | 43 | €8,554 | - | -€8,554 | |
| Credit institutions | 430/8 | €8,554 | - | -€8,554 | |
| Trade debts | 44 | €22,840 | €19,269 | -€3,571 | -15.6% |
| Suppliers | 440/4 | €22,840 | €19,269 | -€3,571 | -15.6% |
| Taxes, remuneration and social security | 45 | €142,842 | €125,849 | -€16,992 | -11.9% |
| Taxes | 450/3 | €139,736 | €120,776 | -€18,960 | -13.6% |
| Remuneration and social security | 454/9 | €3,106 | €5,074 | +€1,968 | +63.4% |
| Other amounts payable | 47/48 | €1,288,216 | €806,132 | -€482,085 | -37.4% |
| Accrued charges and deferred income | 492/3 | €6,400 | €2,400 | -€4,000 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,973 | €67,077 | +€36,104 | +116.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,339 | - | -€15,339 | |
| Other operating charges | 640/8 | €79,112 | €6,151 | -€72,961 | -92.2% |
| Gross operating margin | 9900 | €349,073 | €282,527 | -€66,545 | -19.1% |
| Operating profit (loss) | 9901 | €223,649 | €209,300 | -€14,349 | -6.4% |
| Financial income | 75/76B | €1,491 | €159,790 | +€158,299 | +10615.0% |
| Recurring financial income | 75 | €1,491 | €159,790 | +€158,299 | +10615.0% |
| Financial charges | 65/66B | €4,511 | €2,820 | -€1,691 | -37.5% |
| Recurring financial charges | 65 | €4,511 | €2,820 | -€1,691 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €220,630 | €366,270 | +€145,641 | +66.0% |
| Income taxes | 67/77 | €53,490 | €75,029 | +€21,539 | +40.3% |
| Profit (loss) for the period | 9904 | €167,140 | €291,241 | +€124,101 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €167,140 | €291,241 | +€124,101 | +74.3% |
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 9 October 2026 via checked.be.