UMT-tech: 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.
UMT-tech
Largest movements
- Cash +€3,495
up €3,495 (+731.4%), from €478 to €3,972
mainly Trade debts (+€2,830) and Net result for the year (+€2,751)
- Tangible fixed assets +€2,160
up €2,160 (+98.3%), from €2,196 to €4,356
of which Furniture and vehicles: +€3,659
- Receivables within one year +€1,600
up €1,600 (+28.7%), from €5,579 to €7,179
of which Other amounts receivable: +€2,704
- Trade debts +€2,830
up €2,830 (+731.0%), from €387 to €3,217
- Profit (loss) carried forward +€2,751
up €2,751 (+15.7%), from -€17,517 to -€14,766
- Tax, wage and social debts +€1,037
up €1,037 (+629.8%), from €165 to €1,202
- Other debts +€636
up €636 (+7.9%), from €8,019 to €8,654
- Gross operating margin +€13,707
up €13,707, from -€5,962 to €7,745
- Taxes +€3,783
no longer reported in 2024 (was -€3,783)
- Depreciation -€1,696
down €1,696 (-52.0%), from €3,262 to €1,567
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,253 | €15,507 | +€7,254 | +87.9% |
| Fixed assets | 21/28 | €2,196 | €4,356 | +€2,160 | +98.3% |
| Tangible fixed assets | 22/27 | €2,196 | €4,356 | +€2,160 | +98.3% |
| Plant, machinery and equipment | 23 | €2,162 | €662 | -€1,500 | -69.4% |
| Furniture and vehicles | 24 | €35 | €3,694 | +€3,659 | +10597.3% |
| Current assets | 29/58 | €6,057 | €11,151 | +€5,094 | +84.1% |
| Amounts receivable within one year | 40/41 | €5,579 | €7,179 | +€1,600 | +28.7% |
| Trade receivables | 40 | €5,579 | €4,475 | -€1,104 | -19.8% |
| Other amounts receivable | 41 | - | €2,704 | +€2,704 | |
| Cash at bank and in hand | 54/58 | €478 | €3,972 | +€3,495 | +731.4% |
| Total equity and liabilities | 10/49 | €8,253 | €15,507 | +€7,254 | +87.9% |
| Equity | 10/15 | -€317 | €2,434 | +€2,751 | |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,517 | -€14,766 | +€2,751 | +15.7% |
| Amounts payable | 17/49 | €8,571 | €13,073 | +€4,503 | +52.5% |
| Amounts payable within one year | 42/48 | €8,571 | €13,073 | +€4,503 | +52.5% |
| Trade debts | 44 | €387 | €3,217 | +€2,830 | +731.0% |
| Suppliers | 440/4 | €387 | €3,217 | +€2,830 | +731.0% |
| Taxes, remuneration and social security | 45 | €165 | €1,202 | +€1,037 | +629.8% |
| Taxes | 450/3 | €165 | €1,202 | +€1,037 | +629.8% |
| Other amounts payable | 47/48 | €8,019 | €8,654 | +€636 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,262 | €1,567 | -€1,696 | -52.0% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €3,283 | +€3,283 | |
| Gross operating margin | 9900 | -€5,962 | €7,745 | +€13,707 | |
| Operating profit (loss) | 9901 | -€9,286 | €2,833 | +€12,119 | |
| Financial charges | 65/66B | €76 | €82 | +€6 | +7.4% |
| Recurring financial charges | 65 | €76 | €82 | +€6 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,362 | €2,751 | +€12,114 | |
| Income taxes | 67/77 | -€3,783 | - | +€3,783 | |
| Profit (loss) for the period | 9904 | -€5,579 | €2,751 | +€8,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,579 | €2,751 | +€8,331 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.