UDRA CONSTRUCT: what changed
Two fiscal 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.
UDRA CONSTRUCT
Largest movements
- Receivables within one year +€137,235
up €137,235 (+120.8%), from €113,570 to €250,805
of which Trade receivables: +€160,485
- Cash -€7,825
down €7,825 (-12.8%), from €60,952 to €53,126
mainly Receivables within one year (-€137,235) and Debts after one year (-€7,286)
- Profit (loss) carried forward +€88,498
up €88,498 (+67.2%), from €131,667 to €220,165
- Tax, wage and social debts +€22,603
up €22,603 (+234.8%), from €9,628 to €32,232
- Trade debts +€19,638
up €19,638 (+63.0%), from €31,185 to €50,823
of which Suppliers: +€14,604
- Debts after one year -€7,286
down €7,286 (-71.7%), from €10,160 to €2,874
- Other debts +€6,493
new in 2025: €6,493
- Gross operating margin +€90,504
up €90,504 (+160.3%), from €56,471 to €146,975
- Taxes +€29,579
up €29,579 (+291.3%), from €10,153 to €39,732
- Staff costs +€6,231
up €6,231 (+154.0%), from €4,045 to €10,276
- Financial income +€1,639
new in 2025: €1,639
of which Non-recurring financial income: +€1,333
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.
Cash bridge derived
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 | €186,640 | €316,587 | +€129,946 | +69.6% |
| Fixed assets | 21/28 | €12,119 | €12,656 | +€536 | +4.4% |
| Tangible fixed assets | 22/27 | €11,319 | €11,856 | +€536 | +4.7% |
| Furniture and vehicles | 24 | €11,319 | €11,856 | +€536 | +4.7% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €174,521 | €303,931 | +€129,410 | +74.2% |
| Amounts receivable within one year | 40/41 | €113,570 | €250,805 | +€137,235 | +120.8% |
| Trade receivables | 40 | €68,162 | €228,647 | +€160,485 | +235.4% |
| Other amounts receivable | 41 | €45,407 | €22,158 | -€23,249 | -51.2% |
| Cash at bank and in hand | 54/58 | €60,952 | €53,126 | -€7,825 | -12.8% |
| Total equity and liabilities | 10/49 | €186,640 | €316,587 | +€129,946 | +69.6% |
| Equity | 10/15 | €135,667 | €224,165 | +€88,498 | +65.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,667 | €220,165 | +€88,498 | +67.2% |
| Amounts payable | 17/49 | €50,973 | €92,421 | +€41,448 | +81.3% |
| Amounts payable after more than one year | 17 | €10,160 | €2,874 | -€7,286 | -71.7% |
| Financial debts | 170/4 | €10,160 | €2,874 | -€7,286 | -71.7% |
| Amounts payable within one year | 42/48 | €40,813 | €89,547 | +€48,734 | +119.4% |
| Trade debts | 44 | €31,185 | €50,823 | +€19,638 | +63.0% |
| Suppliers | 440/4 | €2,018 | €16,622 | +€14,604 | +723.6% |
| Bills of exchange payable | 441 | €29,166 | €34,200 | +€5,034 | +17.3% |
| Taxes, remuneration and social security | 45 | €9,628 | €32,232 | +€22,603 | +234.8% |
| Taxes | 450/3 | €9,628 | €32,232 | +€22,603 | +234.8% |
| Other amounts payable | 47/48 | - | €6,493 | +€6,493 | |
| Remuneration, social security and pensions | 62 | €4,045 | €10,276 | +€6,231 | +154.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,914 | €6,494 | +€581 | +9.8% |
| Other operating charges | 640/8 | €2,734 | €1,861 | -€873 | -31.9% |
| Gross operating margin | 9900 | €56,471 | €146,975 | +€90,504 | +160.3% |
| Operating profit (loss) | 9901 | €43,777 | €128,343 | +€84,566 | +193.2% |
| Financial income | 75/76B | - | €1,639 | +€1,639 | |
| Recurring financial income | 75 | - | €306 | +€306 | |
| Non-recurring financial income | 76B | - | €1,333 | +€1,333 | |
| Financial charges | 65/66B | €292 | €1,752 | +€1,460 | +499.7% |
| Recurring financial charges | 65 | €292 | €420 | +€127 | +43.6% |
| Non-recurring financial charges | 66B | - | €1,333 | +€1,333 | |
| Profit (loss) for the period before taxes | 9903 | €43,485 | €128,229 | +€84,744 | +194.9% |
| Income taxes | 67/77 | €10,153 | €39,732 | +€29,579 | +291.3% |
| Profit (loss) for the period | 9904 | €33,332 | €88,498 | +€55,166 | +165.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,332 | €88,498 | +€55,166 | +165.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.