Re-Urban: 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.
Re-Urban
Largest movements
- Stocks and contracts -€2.5m
no longer reported in 2025 (was €2.5m)
- Deferred charges and accrued income +€1.6m
up €1.6m (+17,454%), from €9,230 to €1.6m
- Tangible fixed assets +€1.2m
up €1.2m (+17.2%), from €7.2m to €8.4m
- Cash +€369,339
up €369,339 (+1,087%), from €33,985 to €403,323
mainly Stocks and contracts (+€2.5m) and Other debts (+€1.0m)
- Short-term financial debts -€1.3m
down €1.3m (-85.1%), from €1.5m to €225,000
- Other debts +€1.0m
up €1.0m (+191%), from €540,946 to €1.6m
- Debts after one year +€665,178
up €665,178 (+8.3%), from €8.0m to €8.6m
of which Financial debts: +€665,178
- Profit (loss) carried forward +€252,773
up €252,773 (+29.4%), from -€859,305 to -€606,532
- Gross operating margin +€702,401
up €702,401 (+201%), from €348,709 to €1.1m
- Depreciation +€44,549
up €44,549 (+12.2%), from €363,865 to €408,413
- Financial charges +€31,917
up €31,917 (+10.0%), from €319,334 to €351,251
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 | €9,781,310 | €10,471,801 | +€690,491 | +7.1% |
| Fixed assets | 21/28 | €7,191,803 | €8,427,866 | +€1.2m | +17.2% |
| Tangible fixed assets | 22/27 | €7,191,803 | €8,427,866 | +€1.2m | +17.2% |
| Land and buildings | 22 | €7,191,803 | €8,427,866 | +€1.2m | +17.2% |
| Current assets | 29/58 | €2,589,507 | €2,043,935 | -€545,572 | -21.1% |
| Stocks and contracts in progress | 3 | €2,545,692 | - | -€2.5m | |
| Stocks | 30/36 | €2,545,692 | - | -€2.5m | |
| Amounts receivable within one year | 40/41 | €600 | €20,449 | +€19,849 | +3,308% |
| Trade receivables | 40 | €600 | €20,449 | +€19,849 | +3,308% |
| Cash at bank and in hand | 54/58 | €33,985 | €403,323 | +€369,339 | +1,087% |
| Deferred charges and accrued income | 490/1 | €9,230 | €1,620,162 | +€1.6m | +17,454% |
| Total equity and liabilities | 10/49 | €9,781,310 | €10,471,801 | +€690,491 | +7.1% |
| Equity | 10/15 | -€609,305 | -€356,532 | +€252,773 | +41.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€859,305 | -€606,532 | +€252,773 | +29.4% |
| Amounts payable | 17/49 | €10,390,615 | €10,828,333 | +€437,718 | +4.2% |
| Amounts payable after more than one year | 17 | €7,978,532 | €8,643,710 | +€665,178 | +8.3% |
| Financial debts | 170/4 | €3,978,532 | €4,643,710 | +€665,178 | +16.7% |
| Other amounts payable | 178/9 | €4,000,000 | €4,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,402,533 | €2,147,968 | -€254,565 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €198,769 | €241,254 | +€42,485 | +21.4% |
| Financial debts | 43 | €1,510,131 | €225,000 | -€1.3m | -85.1% |
| Credit institutions | 430/8 | €1,510,131 | €225,000 | -€1.3m | -85.1% |
| Trade debts | 44 | €152,688 | €108,760 | -€43,927 | -28.8% |
| Suppliers | 440/4 | €152,688 | €108,760 | -€43,927 | -28.8% |
| Other amounts payable | 47/48 | €540,946 | €1,572,954 | +€1.0m | +191% |
| Accrued charges and deferred income | 492/3 | €9,550 | €36,655 | +€27,105 | +284% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363,865 | €408,413 | +€44,549 | +12.2% |
| Other operating charges | 640/8 | €36,444 | €38,672 | +€2,228 | +6.1% |
| Gross operating margin | 9900 | €348,709 | €1,051,110 | +€702,401 | +201% |
| Operating profit (loss) | 9901 | -€51,600 | €604,024 | +€655,624 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €319,334 | €351,251 | +€31,917 | +10.0% |
| Recurring financial charges | 65 | €319,334 | €351,251 | +€31,917 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | -€370,933 | €252,773 | +€623,706 | |
| Profit (loss) for the period | 9904 | -€370,933 | €252,773 | +€623,706 | |
| Profit (loss) for the period to be appropriated | 9905 | -€370,933 | €252,773 | +€623,706 |
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 20 October 2026 via checked.be.