UMUNTU VENTURES: 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.
UMUNTU VENTURES
Largest movements
- Cash +€457,452
up €457,452 (+671%), from €68,221 to €525,673
mainly Net result for the year (+€237,697) and Current investments (+€150,000)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Receivables within one year +€33,058
up €33,058 (+85.5%), from €38,677 to €71,735
of which Trade receivables: +€33,715
- Reserves +€237,697
up €237,697 (+134%), from €177,532 to €415,228
- Tax, wage and social debts +€105,624
up €105,624 (+138%), from €76,727 to €182,351
- Gross operating margin +€86,612
up €86,612 (+34.1%), from €253,996 to €340,608
- Taxes +€29,110
up €29,110 (+38.1%), from €76,387 to €105,497
- Financial income +€3,935
up €3,935 (+993%), from €396 to €4,331
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 | €257,171 | €605,496 | +€348,325 | +135% |
| Fixed assets | 21/28 | - | €5,731 | +€5,731 | |
| Tangible fixed assets | 22/27 | - | €5,341 | +€5,341 | |
| Furniture and vehicles | 24 | - | €5,341 | +€5,341 | |
| Financial fixed assets | 28 | - | €390 | +€390 | |
| Current assets | 29/58 | €257,171 | €599,765 | +€342,594 | +133% |
| Stocks and contracts in progress | 3 | - | €1,854 | +€1,854 | |
| Stocks | 30/36 | - | €1,854 | +€1,854 | |
| Amounts receivable within one year | 40/41 | €38,677 | €71,735 | +€33,058 | +85.5% |
| Trade receivables | 40 | €38,020 | €71,735 | +€33,715 | +88.7% |
| Other amounts receivable | 41 | €657 | - | -€657 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €68,221 | €525,673 | +€457,452 | +671% |
| Deferred charges and accrued income | 490/1 | €274 | €503 | +€229 | +83.8% |
| Total equity and liabilities | 10/49 | €257,171 | €605,496 | +€348,325 | +135% |
| Equity | 10/15 | €179,532 | €417,228 | +€237,697 | +132% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €177,532 | €415,228 | +€237,697 | +134% |
| Distributable reserves | 133 | €177,532 | €415,228 | +€237,697 | +134% |
| Amounts payable | 17/49 | €77,640 | €188,268 | +€110,628 | +142% |
| Amounts payable within one year | 42/48 | €77,640 | €188,268 | +€110,628 | +142% |
| Trade debts | 44 | €481 | €4,987 | +€4,506 | +938% |
| Suppliers | 440/4 | €481 | €4,987 | +€4,506 | +938% |
| Taxes, remuneration and social security | 45 | €76,727 | €182,351 | +€105,624 | +138% |
| Taxes | 450/3 | €76,727 | €182,351 | +€105,624 | +138% |
| Other amounts payable | 47/48 | €432 | €930 | +€497 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,113 | +€1,113 | |
| Other operating charges | 640/8 | €50 | €119 | +€69 | +139% |
| Gross operating margin | 9900 | €253,996 | €340,608 | +€86,612 | +34.1% |
| Operating profit (loss) | 9901 | €253,946 | €339,376 | +€85,430 | +33.6% |
| Financial income | 75/76B | €396 | €4,331 | +€3,935 | +993% |
| Recurring financial income | 75 | €396 | €4,331 | +€3,935 | +993% |
| Financial charges | 65/66B | €423 | €512 | +€90 | +21.2% |
| Recurring financial charges | 65 | €423 | €512 | +€90 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €253,919 | €343,194 | +€89,275 | +35.2% |
| Income taxes | 67/77 | €76,387 | €105,497 | +€29,110 | +38.1% |
| Profit (loss) for the period | 9904 | €177,532 | €237,697 | +€60,165 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €177,532 | €237,697 | +€60,165 | +33.9% |
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 13 October 2026 via checked.be.