Urban Design: 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 Design
Largest movements
- Stocks and contracts +€1.7m
up €1.7m (+1,151%), from €146,731 to €1.8m
- Receivables within one year +€1.4m
up €1.4m (+5,453%), from €25,940 to €1.4m
- Cash -€33,597
down €33,597 (-74.2%), from €45,249 to €11,652
mainly Stocks and contracts (-€1.7m) and Receivables within one year (-€1.4m)
- Short-term financial debts +€2.1m
new in 2025: €2.1m
- Other debts +€1.0m
up €1.0m (+480%), from €215,873 to €1.3m
- Profit (loss) carried forward -€48,769
down €48,769 (-278%), from -€17,523 to -€66,292
- Financial charges +€44,025
up €44,025 (+2,364%), from €1,862 to €45,887
- Gross operating margin -€815
down €815 (-63.6%), from -€1,281 to -€2,095
- Other operating charges +€403
up €403 (+105%), from €384 to €787
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 | €217,920 | €3,288,049 | +€3.1m | +1,409% |
| Current assets | 29/58 | €217,920 | €3,288,049 | +€3.1m | +1,409% |
| Stocks and contracts in progress | 3 | €146,731 | €1,835,989 | +€1.7m | +1,151% |
| Stocks | 30/36 | €146,731 | €1,835,989 | +€1.7m | +1,151% |
| Amounts receivable within one year | 40/41 | €25,940 | €1,440,408 | +€1.4m | +5,453% |
| Other amounts receivable | 41 | €25,940 | €1,440,408 | +€1.4m | +5,453% |
| Cash at bank and in hand | 54/58 | €45,249 | €11,652 | -€33,597 | -74.2% |
| Total equity and liabilities | 10/49 | €217,920 | €3,288,049 | +€3.1m | +1,409% |
| Equity | 10/15 | -€16,523 | -€65,292 | -€48,769 | -295% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,523 | -€66,292 | -€48,769 | -278% |
| Amounts payable | 17/49 | €234,443 | €3,353,341 | +€3.1m | +1,330% |
| Amounts payable within one year | 42/48 | €232,828 | €3,353,341 | +€3.1m | +1,340% |
| Financial debts | 43 | - | €2,085,715 | +€2.1m | |
| Credit institutions | 430/8 | - | €2,085,715 | +€2.1m | |
| Trade debts | 44 | €16,955 | €14,999 | -€1,956 | -11.5% |
| Suppliers | 440/4 | €16,955 | €14,999 | -€1,956 | -11.5% |
| Other amounts payable | 47/48 | €215,873 | €1,252,627 | +€1.0m | +480% |
| Accrued charges and deferred income | 492/3 | €1,616 | - | -€1,616 | |
| Other operating charges | 640/8 | €384 | €787 | +€403 | +105% |
| Gross operating margin | 9900 | -€1,281 | -€2,095 | -€815 | -63.6% |
| Operating profit (loss) | 9901 | -€1,665 | -€2,882 | -€1,217 | -73.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,862 | €45,887 | +€44,025 | +2,364% |
| Recurring financial charges | 65 | €1,862 | €45,887 | +€44,025 | +2,364% |
| Profit (loss) for the period before taxes | 9903 | -€3,527 | -€48,769 | -€45,242 | -1,283% |
| Profit (loss) for the period | 9904 | -€3,527 | -€48,769 | -€45,242 | -1,283% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,527 | -€48,769 | -€45,242 | -1,283% |
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 22 October 2026 via checked.be.