URBAN: 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.
URBAN
Largest movements
- Cash -€438,389
down €438,389 (-64.8%), from €676,542 to €238,153
mainly Debts after one year (-€904,000) and Advances received (-€141,569)
- Receivables within one year -€337,211
down €337,211 (-19.7%), from €1.7m to €1.4m
- Stocks and contracts -€291,008
down €291,008 (-4.5%), from €6.5m to €6.2m
- Debts after one year -€904,000
down €904,000 (-17.4%), from €5.2m to €4.3m
- Profit (loss) carried forward +€200,131
up €200,131 (+10.0%), from €2.0m to €2.2m
- Advances received -€141,569
down €141,569 (-66.7%), from €212,342 to €70,773
- Tax, wage and social debts -€109,927
down €109,927 (-71.2%), from €154,303 to €44,375
- Other debts -€100,565
down €100,565 (-41.9%), from €239,952 to €139,387
- Gross operating margin +€77,620
up €77,620 (+16.3%), from €476,443 to €554,062
- Other operating charges -€61,776
down €61,776 (-36.9%), from €167,340 to €105,564
- Financial charges -€53,609
down €53,609 (-17.8%), from €301,001 to €247,392
- Financial income -€40,088
down €40,088 (-33.9%), from €118,155 to €78,066
- Taxes +€38,890
up €38,890 (+121.5%), from €32,014 to €70,904
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 | €8,880,175 | €7,813,567 | -€1.1m | -12.0% |
| Current assets | 29/58 | €8,880,175 | €7,813,567 | -€1.1m | -12.0% |
| Stocks and contracts in progress | 3 | €6,487,989 | €6,196,982 | -€291,008 | -4.5% |
| Stocks | 30/36 | €6,487,989 | €6,196,982 | -€291,008 | -4.5% |
| Amounts receivable within one year | 40/41 | €1,711,385 | €1,374,174 | -€337,211 | -19.7% |
| Other amounts receivable | 41 | €1,711,385 | €1,374,174 | -€337,211 | -19.7% |
| Cash at bank and in hand | 54/58 | €676,542 | €238,153 | -€438,389 | -64.8% |
| Deferred charges and accrued income | 490/1 | €4,259 | €4,259 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,880,175 | €7,813,567 | -€1.1m | -12.0% |
| Equity | 10/15 | €3,028,446 | €3,236,715 | +€208,269 | +6.9% |
| Contributions | 10/11 | €675,000 | €675,000 | = | 0.0% |
| Capital | 10 | €675,000 | €675,000 | = | 0.0% |
| Issued capital | 100 | €675,000 | €675,000 | = | 0.0% |
| Reserves | 13 | €347,108 | €355,245 | +€8,137 | +2.3% |
| Non-distributable reserves | 130/1 | €59,363 | €67,500 | +€8,137 | +13.7% |
| Legal reserve | 130 | €4,712 | €67,500 | +€62,788 | +1332.5% |
| Reserves not available under the articles | 1311 | €54,650 | - | -€54,650 | |
| Distributable reserves | 133 | €287,745 | €287,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,006,339 | €2,206,470 | +€200,131 | +10.0% |
| Amounts payable | 17/49 | €5,851,728 | €4,576,852 | -€1.3m | -21.8% |
| Amounts payable after more than one year | 17 | €5,193,000 | €4,289,000 | -€904,000 | -17.4% |
| Financial debts | 170/4 | €5,193,000 | €4,289,000 | -€904,000 | -17.4% |
| Amounts payable within one year | 42/48 | €615,998 | €272,787 | -€343,210 | -55.7% |
| Trade debts | 44 | €9,401 | €18,252 | +€8,851 | +94.1% |
| Suppliers | 440/4 | €9,401 | €18,252 | +€8,851 | +94.1% |
| Advances received on contracts in progress | 46 | €212,342 | €70,773 | -€141,569 | -66.7% |
| Taxes, remuneration and social security | 45 | €154,303 | €44,375 | -€109,927 | -71.2% |
| Taxes | 450/3 | €154,303 | €44,375 | -€109,927 | -71.2% |
| Other amounts payable | 47/48 | €239,952 | €139,387 | -€100,565 | -41.9% |
| Accrued charges and deferred income | 492/3 | €42,731 | €15,065 | -€27,666 | -64.7% |
| Other operating charges | 640/8 | €167,340 | €105,564 | -€61,776 | -36.9% |
| Gross operating margin | 9900 | €476,443 | €554,062 | +€77,620 | +16.3% |
| Operating profit (loss) | 9901 | €309,103 | €448,498 | +€139,395 | +45.1% |
| Financial income | 75/76B | €118,155 | €78,066 | -€40,088 | -33.9% |
| Recurring financial income | 75 | €118,155 | €78,066 | -€40,088 | -33.9% |
| Financial charges | 65/66B | €301,001 | €247,392 | -€53,609 | -17.8% |
| Recurring financial charges | 65 | €301,001 | €247,392 | -€53,609 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €126,257 | €279,173 | +€152,916 | +121.1% |
| Income taxes | 67/77 | €32,014 | €70,904 | +€38,890 | +121.5% |
| Profit (loss) for the period | 9904 | €94,243 | €208,269 | +€114,026 | +121.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,243 | €208,269 | +€114,026 | +121.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.