UMU: 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.
What changed
UMU
NACE 47.120, Other non-specialised retail sale
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€26,336
2023 · -€91,732+€118,067
Equity
€303,537
2023 · €277,201+€26,336
Cash
€278
2023 · €3,462-€3,184
Balance sheet total
€707,375
2023 · €719,355-€11,980
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€373,733
up €373,733, from -€143,397 to €230,336
- Reserves -€347,397
down €347,397 (-86.4%), from €402,007 to €54,609
of which Tax-exempt reserves: -€347,397
- Provisions -€115,799
down €115,799 (-100%), from €115,799 to €0
- Other debts +€45,611
up €45,611 (+104%), from €43,844 to €89,455
- Tax, wage and social debts +€41,293
up €41,293 (+654%), from €6,316 to €47,609
of which Taxes: +€41,293
Income statement
- Gross operating margin +€127,333
up €127,333 (+79.6%), from -€159,969 to -€32,636
- Write-downs +€82,358
up €82,358, from -€82,358 to €0
- Taxes +€42,581
up €42,581 (+32,376%), from €132 to €42,713
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.
Result 2023
-€91,732
Gross operating margin
+€127,333
Depreciation
-€41
Write-downs
-€82,358
Other operating charges
+€283
Financial income
+€150
Financial charges
+€577
Taxes
-€42,581
Deferred taxes and other
+€114,704
Result 2024
€26,336
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€4,295
Investment
€0
Financing
-€7,479
Cash 2023
€3,462
From operations (derived)
+€4,295
Net result for the year
+€26,336
Depreciation
+€6,764
Stocks and contracts
+€1,600
Receivables within one year
+€346
Deferred charges and accrued income
+€86
Provisions
-€115,799
Trade debts
-€1,942
Tax, wage and social debts
+€41,293
Other debts
+€45,611
Financing
-€7,479
Debts after one year
-€23,746
Current portion of long-term debt
+€2,357
Short-term financial debts
+€13,910
Cash 2024
€278
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €719,355 | €707,375 | -€11,980 | -1.7% |
| Fixed assets | 21/28 | €29,724 | €22,960 | -€6,764 | -22.8% |
| Tangible fixed assets | 22/27 | €29,724 | €22,960 | -€6,764 | -22.8% |
| Plant, machinery and equipment | 23 | €3,155 | €2,067 | -€1,088 | -34.5% |
| Furniture and vehicles | 24 | €15,210 | €10,172 | -€5,039 | -33.1% |
| Other tangible fixed assets | 26 | €11,359 | €10,721 | -€637 | -5.6% |
| Current assets | 29/58 | €689,631 | €684,415 | -€5,216 | -0.8% |
| Stocks and contracts in progress | 3 | €4,800 | €3,200 | -€1,600 | -33.3% |
| Stocks | 30/36 | €4,800 | €3,200 | -€1,600 | -33.3% |
| Amounts receivable within one year | 40/41 | €681,283 | €680,937 | -€346 | -0.1% |
| Trade receivables | 40 | €1,587 | €1,887 | +€300 | +18.9% |
| Other amounts receivable | 41 | €679,697 | €679,050 | -€646 | -0.1% |
| Cash at bank and in hand | 54/58 | €3,462 | €278 | -€3,184 | -92.0% |
| Deferred charges and accrued income | 490/1 | €86 | €0 | -€86 | -100% |
| Total equity and liabilities | 10/49 | €719,355 | €707,375 | -€11,980 | -1.7% |
| Equity | 10/15 | €277,201 | €303,537 | +€26,336 | +9.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €402,007 | €54,609 | -€347,397 | -86.4% |
| Tax-exempt reserves | 132 | €380,147 | €32,750 | -€347,397 | -91.4% |
| Distributable reserves | 133 | €21,859 | €21,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,397 | €230,336 | +€373,733 | |
| Provisions and deferred taxes | 16 | €115,799 | €0 | -€115,799 | -100% |
| Deferred taxes | 168 | €115,799 | €0 | -€115,799 | -100% |
| Amounts payable | 17/49 | €326,355 | €403,838 | +€77,483 | +23.7% |
| Amounts payable after more than one year | 17 | €203,363 | €179,617 | -€23,746 | -11.7% |
| Financial debts | 170/4 | €203,363 | €179,617 | -€23,746 | -11.7% |
| Amounts payable within one year | 42/48 | €116,592 | €217,821 | +€101,230 | +86.8% |
| Current portion of amounts payable after more than one year | 42 | €21,389 | €23,746 | +€2,357 | +11.0% |
| Financial debts | 43 | €14,975 | €28,886 | +€13,910 | +92.9% |
| Credit institutions | 430/8 | €14,975 | €28,886 | +€13,910 | +92.9% |
| Trade debts | 44 | €30,068 | €28,125 | -€1,942 | -6.5% |
| Suppliers | 440/4 | €30,068 | €28,125 | -€1,942 | -6.5% |
| Taxes, remuneration and social security | 45 | €6,316 | €47,609 | +€41,293 | +654% |
| Taxes | 450/3 | €4,816 | €46,109 | +€41,293 | +857% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €43,844 | €89,455 | +€45,611 | +104% |
| Accrued charges and deferred income | 492/3 | €6,400 | €6,400 | = | 0.0% |
| Non-recurring operating income | 76A | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,723 | €6,764 | +€41 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€82,358 | €0 | +€82,358 | |
| Other operating charges | 640/8 | €1,280 | €997 | -€283 | -22.1% |
| Gross operating margin | 9900 | -€159,969 | -€32,636 | +€127,333 | +79.6% |
| Operating profit (loss) | 9901 | -€85,614 | -€40,397 | +€45,218 | +52.8% |
| Financial income | 75/76B | €2,193 | €2,344 | +€150 | +6.9% |
| Recurring financial income | 75 | €2,193 | €2,344 | +€150 | +6.9% |
| Financial charges | 65/66B | €9,275 | €8,698 | -€577 | -6.2% |
| Recurring financial charges | 65 | €6,138 | €8,698 | +€2,560 | +41.7% |
| Non-recurring financial charges | 66B | €3,137 | €0 | -€3,137 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€92,696 | -€46,751 | +€45,945 | +49.6% |
| Transfer from deferred taxes | 780 | €1,096 | €115,799 | +€114,704 | +10,469% |
| Income taxes | 67/77 | €132 | €42,713 | +€42,581 | +32,376% |
| Profit (loss) for the period | 9904 | -€91,732 | €26,336 | +€118,067 | |
| Transfer from tax-exempt reserves | 789 | €3,287 | €347,397 | +€344,110 | +10,469% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,445 | €373,733 | +€462,178 |
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 13 October 2026 via checked.be.