UMSUKA: 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.
UMSUKA
Largest movements
- Cash -€74,883
down €74,883 (-74.2%), from €100,856 to €25,973
mainly Contributions, distributions and other (-€193,446) and Receivables within one year (-€69,993)
- Receivables within one year +€69,993
up €69,993 (+711%), from €9,846 to €79,839
of which Trade receivables: +€79,839
- Current investments +€30,181
up €30,181 (+16.8%), from €179,511 to €209,693
- Other debts +€114,307
up €114,307 (+222%), from €51,405 to €165,712
- Reserves -€81,362
down €81,362 (-98.0%), from €83,036 to €1,674
- Profit (loss) carried forward -€13,724
down €13,724 (-12.2%), from €112,085 to €98,361
- Tax, wage and social debts +€7,422
up €7,422 (+27.3%), from €27,209 to €34,631
- Gross operating margin +€6,130
up €6,130 (+5.1%), from €120,173 to €126,302
- Taxes +€1,656
up €1,656 (+6.4%), from €25,922 to €27,578
- Financial income -€1,455
down €1,455 (-41.9%), from €3,474 to €2,020
of which Financial income: -€892
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 | €292,080 | €319,103 | +€27,023 | +9.3% |
| Fixed assets | 21/28 | €1,566 | €2,429 | +€863 | +55.1% |
| Tangible fixed assets | 22/27 | €1,566 | €2,429 | +€863 | +55.1% |
| Plant, machinery and equipment | 23 | €717 | €564 | -€153 | -21.4% |
| Furniture and vehicles | 24 | €850 | €1,865 | +€1,016 | +120% |
| Current assets | 29/58 | €290,514 | €316,674 | +€26,160 | +9.0% |
| Amounts receivable within one year | 40/41 | €9,846 | €79,839 | +€69,993 | +711% |
| Trade receivables | 40 | - | €79,839 | +€79,839 | |
| Other amounts receivable | 41 | €9,846 | - | -€9,846 | |
| Current investments | 50/53 | €179,511 | €209,693 | +€30,181 | +16.8% |
| Cash at bank and in hand | 54/58 | €100,856 | €25,973 | -€74,883 | -74.2% |
| Deferred charges and accrued income | 490/1 | €300 | €1,169 | +€869 | +289% |
| Total equity and liabilities | 10/49 | €292,080 | €319,103 | +€27,023 | +9.3% |
| Equity | 10/15 | €211,860 | €116,775 | -€95,085 | -44.9% |
| Contributions | 10/11 | €16,740 | €16,740 | = | 0.0% |
| Reserves | 13 | €83,036 | €1,674 | -€81,362 | -98.0% |
| Distributable reserves | 133 | €83,036 | €1,674 | -€81,362 | -98.0% |
| Profit (loss) carried forward | 14 | €112,085 | €98,361 | -€13,724 | -12.2% |
| Amounts payable | 17/49 | €80,220 | €202,328 | +€122,108 | +152% |
| Amounts payable within one year | 42/48 | €80,220 | €202,328 | +€122,108 | +152% |
| Trade debts | 44 | €1,606 | €1,985 | +€379 | +23.6% |
| Suppliers | 440/4 | €1,606 | €1,985 | +€379 | +23.6% |
| Taxes, remuneration and social security | 45 | €27,209 | €34,631 | +€7,422 | +27.3% |
| Taxes | 450/3 | €27,209 | €34,631 | +€7,422 | +27.3% |
| Other amounts payable | 47/48 | €51,405 | €165,712 | +€114,307 | +222% |
| Non-recurring operating income | 76A | - | €347 | +€347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,190 | €678 | -€512 | -43.0% |
| Other operating charges | 640/8 | €92 | €55 | -€37 | -40.2% |
| Gross operating margin | 9900 | €120,173 | €126,302 | +€6,130 | +5.1% |
| Operating profit (loss) | 9901 | €118,891 | €125,569 | +€6,678 | +5.6% |
| Financial income | 75/76B | €3,474 | €2,020 | -€1,455 | -41.9% |
| Recurring financial income | 75 | €2,912 | €2,020 | -€892 | -30.6% |
| Non-recurring financial income | 76B | €563 | - | -€563 | |
| Financial charges | 65/66B | €2,087 | €1,649 | -€438 | -21.0% |
| Recurring financial charges | 65 | €2,087 | €1,649 | -€438 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €120,278 | €125,939 | +€5,661 | +4.7% |
| Income taxes | 67/77 | €25,922 | €27,578 | +€1,656 | +6.4% |
| Profit (loss) for the period | 9904 | €94,356 | €98,361 | +€4,005 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,356 | €98,361 | +€4,005 | +4.2% |
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 14 October 2026 via checked.be.