THE URBAN SQUARE: 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.
THE URBAN SQUARE
Largest movements
- Receivables within one year +€16,888
up €16,888 (+678%), from €2,493 to €19,381
of which Other amounts receivable: +€15,650
- Tangible fixed assets +€12,009
up €12,009 (+191%), from €6,286 to €18,296
of which Furniture and vehicles: +€7,960
- Financial fixed assets +€5,220
new in 2025: €5,220
- Cash +€2,222
up €2,222 (+50.7%), from €4,383 to €6,605
mainly Net result for the year (+€27,767) and Tax, wage and social debts (+€11,623)
- Deferred charges and accrued income +€1,608
up €1,608 (+78.7%), from €2,043 to €3,651
- Profit (loss) carried forward +€27,767
up €27,767, from -€5,890 to €21,877
- Tax, wage and social debts +€11,623
new in 2025: €11,623
of which Taxes: +€7,735
- Trade debts +€7,963
up €7,963 (+78.4%), from €10,159 to €18,122
- Other debts -€5,461
no longer reported in 2025 (was €5,461)
- Accrued charges and deferred income -€4,201
down €4,201 (-93.4%), from €4,500 to €299
- Gross operating margin +€46,901
up €46,901, from -€4,291 to €42,610
- Taxes +€7,735
new in 2025: €7,735
- Depreciation +€2,260
up €2,260 (+258%), from €877 to €3,137
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 | €16,229 | €53,921 | +€37,692 | +232% |
| Formation expenses | 20 | €1,024 | €769 | -€255 | -24.9% |
| Fixed assets | 21/28 | €6,286 | €23,516 | +€17,229 | +274% |
| Tangible fixed assets | 22/27 | €6,286 | €18,296 | +€12,009 | +191% |
| Furniture and vehicles | 24 | €6,286 | €14,247 | +€7,960 | +127% |
| Other tangible fixed assets | 26 | - | €4,049 | +€4,049 | |
| Financial fixed assets | 28 | - | €5,220 | +€5,220 | |
| Current assets | 29/58 | €8,919 | €29,637 | +€20,718 | +232% |
| Amounts receivable within one year | 40/41 | €2,493 | €19,381 | +€16,888 | +678% |
| Trade receivables | 40 | €2,493 | €3,730 | +€1,238 | +49.7% |
| Other amounts receivable | 41 | - | €15,650 | +€15,650 | |
| Cash at bank and in hand | 54/58 | €4,383 | €6,605 | +€2,222 | +50.7% |
| Deferred charges and accrued income | 490/1 | €2,043 | €3,651 | +€1,608 | +78.7% |
| Total equity and liabilities | 10/49 | €16,229 | €53,921 | +€37,692 | +232% |
| Equity | 10/15 | -€3,890 | €23,877 | +€27,767 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,890 | €21,877 | +€27,767 | |
| Amounts payable | 17/49 | €20,119 | €30,044 | +€9,925 | +49.3% |
| Amounts payable within one year | 42/48 | €15,619 | €29,745 | +€14,126 | +90.4% |
| Trade debts | 44 | €10,159 | €18,122 | +€7,963 | +78.4% |
| Suppliers | 440/4 | €10,159 | €18,122 | +€7,963 | +78.4% |
| Taxes, remuneration and social security | 45 | - | €11,623 | +€11,623 | |
| Taxes | 450/3 | - | €7,735 | +€7,735 | |
| Remuneration and social security | 454/9 | - | €3,888 | +€3,888 | |
| Other amounts payable | 47/48 | €5,461 | - | -€5,461 | |
| Accrued charges and deferred income | 492/3 | €4,500 | €299 | -€4,201 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €877 | €3,137 | +€2,260 | +258% |
| Other operating charges | 640/8 | €717 | €402 | -€315 | -43.9% |
| Non-recurring operating charges | 66A | - | €3,821 | +€3,821 | |
| Gross operating margin | 9900 | -€4,291 | €42,610 | +€46,901 | |
| Operating profit (loss) | 9901 | -€5,885 | €35,250 | +€41,135 | |
| Financial income | 75/76B | €2 | €381 | +€379 | +18,692% |
| Recurring financial income | 75 | €2 | €381 | +€379 | +18,692% |
| Financial charges | 65/66B | €8 | €129 | +€122 | +1,626% |
| Recurring financial charges | 65 | €8 | €129 | +€122 | +1,626% |
| Profit (loss) for the period before taxes | 9903 | -€5,890 | €35,502 | +€41,393 | |
| Income taxes | 67/77 | - | €7,735 | +€7,735 | |
| Profit (loss) for the period | 9904 | -€5,890 | €27,767 | +€33,658 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,890 | €27,767 | +€33,658 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.