URBAN CONCEPT: 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 CONCEPT
Largest movements
- Cash +€228,739
new in 2025: €228,739
mainly Current investments (+€163,183) and Net result for the year (+€86,124)
- Current investments -€163,183
no longer reported in 2025 (was €163,183)
- Tangible fixed assets -€9,689
down €9,689 (-3.2%), from €305,397 to €295,708
of which Land and buildings: -€10,991
- Receivables within one year -€8,027
down €8,027 (-15.3%), from €52,420 to €44,392
of which Trade receivables: -€9,120
- Reserves +€39,124
up €39,124 (+14.1%), from €277,003 to €316,127
- Other debts +€29,500
up €29,500 (+169%), from €17,500 to €47,000
- Debts after one year -€27,241
down €27,241 (-15.4%), from €177,073 to €149,832
- Gross operating margin +€36,987
up €36,987 (+21.8%), from €169,510 to €206,498
- Taxes +€14,172
up €14,172 (+61.7%), from €22,971 to €37,144
- Staff costs -€9,325
down €9,325 (-18.0%), from €51,863 to €42,538
- Other operating charges +€3,606
up €3,606 (+38.1%), from €9,468 to €13,074
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 | €554,260 | €599,799 | +€45,538 | +8.2% |
| Fixed assets | 21/28 | €328,468 | €313,844 | -€14,624 | -4.5% |
| Intangible fixed assets | 21 | €22,591 | €17,656 | -€4,934 | -21.8% |
| Tangible fixed assets | 22/27 | €305,397 | €295,708 | -€9,689 | -3.2% |
| Land and buildings | 22 | €280,669 | €269,678 | -€10,991 | -3.9% |
| Plant, machinery and equipment | 23 | €2,642 | €3,528 | +€886 | +33.5% |
| Furniture and vehicles | 24 | €2,850 | €2,766 | -€84 | -2.9% |
| Other tangible fixed assets | 26 | €19,237 | €19,736 | +€499 | +2.6% |
| Financial fixed assets | 28 | €480 | €480 | = | 0.0% |
| Current assets | 29/58 | €225,792 | €285,954 | +€60,162 | +26.6% |
| Amounts receivable within one year | 40/41 | €52,420 | €44,392 | -€8,027 | -15.3% |
| Trade receivables | 40 | €51,460 | €42,341 | -€9,120 | -17.7% |
| Other amounts receivable | 41 | €959 | €2,052 | +€1,092 | +114% |
| Current investments | 50/53 | €163,183 | - | -€163,183 | |
| Cash at bank and in hand | 54/58 | - | €228,739 | +€228,739 | |
| Deferred charges and accrued income | 490/1 | €10,189 | €12,823 | +€2,633 | +25.8% |
| Total equity and liabilities | 10/49 | €554,260 | €599,799 | +€45,538 | +8.2% |
| Equity | 10/15 | €299,795 | €341,718 | +€41,923 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €277,003 | €316,127 | +€39,124 | +14.1% |
| Distributable reserves | 133 | €277,003 | €316,127 | +€39,124 | +14.1% |
| Investment grants | 15 | €4,193 | €6,991 | +€2,799 | +66.8% |
| Amounts payable | 17/49 | €254,465 | €258,080 | +€3,615 | +1.4% |
| Amounts payable after more than one year | 17 | €177,073 | €149,832 | -€27,241 | -15.4% |
| Financial debts | 170/4 | €177,073 | €149,832 | -€27,241 | -15.4% |
| Amounts payable within one year | 42/48 | €76,291 | €108,249 | +€31,957 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | €26,773 | €27,241 | +€468 | +1.7% |
| Financial debts | 43 | €398 | €300 | -€98 | -24.7% |
| Credit institutions | 430/8 | €398 | €300 | -€98 | -24.7% |
| Trade debts | 44 | €5,094 | €5,051 | -€43 | -0.8% |
| Suppliers | 440/4 | €5,094 | €5,051 | -€43 | -0.8% |
| Taxes, remuneration and social security | 45 | €26,526 | €28,657 | +€2,131 | +8.0% |
| Taxes | 450/3 | €15,873 | €28,657 | +€12,784 | +80.5% |
| Remuneration and social security | 454/9 | €10,653 | - | -€10,653 | |
| Other amounts payable | 47/48 | €17,500 | €47,000 | +€29,500 | +169% |
| Accrued charges and deferred income | 492/3 | €1,101 | - | -€1,101 | |
| Non-recurring operating income | 76A | - | €1,900 | +€1,900 | |
| Remuneration, social security and pensions | 62 | €51,863 | €42,538 | -€9,325 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,863 | €21,936 | +€1,073 | +5.1% |
| Other operating charges | 640/8 | €9,468 | €13,074 | +€3,606 | +38.1% |
| Gross operating margin | 9900 | €169,510 | €206,498 | +€36,987 | +21.8% |
| Operating profit (loss) | 9901 | €87,316 | €128,950 | +€41,634 | +47.7% |
| Financial income | 75/76B | €1,252 | €2,289 | +€1,036 | +82.7% |
| Recurring financial income | 75 | €1,252 | €2,289 | +€1,036 | +82.7% |
| Financial charges | 65/66B | €9,042 | €7,971 | -€1,071 | -11.8% |
| Recurring financial charges | 65 | €9,042 | €7,971 | -€1,071 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €79,526 | €123,268 | +€43,742 | +55.0% |
| Income taxes | 67/77 | €22,971 | €37,144 | +€14,172 | +61.7% |
| Profit (loss) for the period | 9904 | €56,555 | €86,124 | +€29,569 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,555 | €86,124 | +€29,569 | +52.3% |
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 24 October 2026 via checked.be.