URBAN ACT: 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.
URBAN ACT
Largest movements
- Cash -€4,889
down €4,889 (-98.5%), from €4,963 to €74
mainly Other debts (-€15,079) and Short-term financial debts (-€10,418)
- Tangible fixed assets -€4,626
down €4,626 (-6.3%), from €73,795 to €69,169
of which Land and buildings: -€3,246
- Receivables within one year -€4,491
down €4,491 (-12.4%), from €36,204 to €31,713
of which Trade receivables: -€16,318
- Other debts -€15,079
down €15,079 (-83.3%), from €18,109 to €3,030
- Short-term financial debts -€10,418
down €10,418 (-51.2%), from €20,359 to €9,941
- Reserves +€7,600
up €7,600 (+7.8%), from €96,829 to €104,429
- Trade debts +€6,290
up €6,290 (+57.0%), from €11,039 to €17,329
- Debts after one year -€5,065
down €5,065 (-9.8%), from €51,559 to €46,493
- Gross operating margin -€7,521
down €7,521 (-22.1%), from €34,071 to €26,550
- Taxes -€1,991
down €1,991 (-26.7%), from €7,448 to €5,457
- Financial charges +€1,797
up €1,797 (+36.9%), from €4,872 to €6,669
- Depreciation -€408
down €408 (-8.1%), from €5,034 to €4,626
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 | €217,262 | €204,317 | -€12,945 | -6.0% |
| Fixed assets | 21/28 | €73,795 | €69,169 | -€4,626 | -6.3% |
| Tangible fixed assets | 22/27 | €73,795 | €69,169 | -€4,626 | -6.3% |
| Land and buildings | 22 | €71,419 | €68,173 | -€3,246 | -4.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,376 | €996 | -€1,380 | -58.1% |
| Current assets | 29/58 | €143,467 | €135,148 | -€8,319 | -5.8% |
| Amounts receivable after more than one year | 29 | €102,300 | €102,300 | = | 0.0% |
| Other amounts receivable | 291 | €102,300 | €102,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,204 | €31,713 | -€4,491 | -12.4% |
| Trade receivables | 40 | €25,208 | €8,890 | -€16,318 | -64.7% |
| Other amounts receivable | 41 | €10,996 | €22,823 | +€11,827 | +108% |
| Cash at bank and in hand | 54/58 | €4,963 | €74 | -€4,889 | -98.5% |
| Deferred charges and accrued income | 490/1 | - | €1,062 | +€1,062 | |
| Total equity and liabilities | 10/49 | €217,262 | €204,317 | -€12,945 | -6.0% |
| Equity | 10/15 | €103,029 | €110,629 | +€7,600 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,829 | €104,429 | +€7,600 | +7.8% |
| Distributable reserves | 133 | €96,829 | €104,429 | +€7,600 | +7.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,233 | €93,688 | -€20,544 | -18.0% |
| Amounts payable after more than one year | 17 | €51,559 | €46,493 | -€5,065 | -9.8% |
| Financial debts | 170/4 | €51,559 | €46,493 | -€5,065 | -9.8% |
| Amounts payable within one year | 42/48 | €62,674 | €47,195 | -€15,479 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €4,940 | €5,065 | +€126 | +2.5% |
| Financial debts | 43 | €20,359 | €9,941 | -€10,418 | -51.2% |
| Credit institutions | 430/8 | €20,359 | €9,941 | -€10,418 | -51.2% |
| Trade debts | 44 | €11,039 | €17,329 | +€6,290 | +57.0% |
| Suppliers | 440/4 | €11,039 | €17,329 | +€6,290 | +57.0% |
| Taxes, remuneration and social security | 45 | €8,227 | €11,829 | +€3,602 | +43.8% |
| Taxes | 450/3 | €8,227 | €11,829 | +€3,602 | +43.8% |
| Other amounts payable | 47/48 | €18,109 | €3,030 | -€15,079 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,034 | €4,626 | -€408 | -8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,122 | €2,206 | +€84 | +4.0% |
| Gross operating margin | 9900 | €34,071 | €26,550 | -€7,521 | -22.1% |
| Operating profit (loss) | 9901 | €26,915 | €19,718 | -€7,197 | -26.7% |
| Financial income | 75/76B | €13 | €8 | -€5 | -38.1% |
| Recurring financial income | 75 | €13 | €8 | -€5 | -38.1% |
| Financial charges | 65/66B | €4,872 | €6,669 | +€1,797 | +36.9% |
| Recurring financial charges | 65 | €4,872 | €6,669 | +€1,797 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €22,056 | €13,057 | -€8,999 | -40.8% |
| Income taxes | 67/77 | €7,448 | €5,457 | -€1,991 | -26.7% |
| Profit (loss) for the period | 9904 | €14,608 | €7,600 | -€7,008 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,608 | €7,600 | -€7,008 | -48.0% |
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 29 October 2026 via checked.be.