URBAN ESTATES: 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 ESTATES
Largest movements
- Receivables within one year +€42,692
up €42,692 (+3.0%), from €1.4m to €1.5m
of which Other amounts receivable: +€42,692
- Reserves +€27,223
up €27,223 (+2.1%), from €1.3m to €1.3m
of which Distributable reserves: +€27,223
- Other operating charges -€3,628
down €3,628 (-72.8%), from €4,986 to €1,357
- Gross operating margin +€1,257
up €1,257 (+14.8%), from -€8,489 to -€7,232
- Financial charges -€1,093
down €1,093 (-22.8%), from €4,794 to €3,700
- Financial income -€640
down €640 (-1.3%), from €49,986 to €49,346
- Taxes +€330
up €330 (+3.4%), from €9,560 to €9,890
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 | €1,665,032 | €1,707,764 | +€42,732 | +2.6% |
| Fixed assets | 21/28 | €250,000 | €250,000 | = | 0.0% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €1,415,032 | €1,457,764 | +€42,732 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,414,848 | €1,457,540 | +€42,692 | +3.0% |
| Trade receivables | 40 | €8,500 | €8,500 | = | 0.0% |
| Other amounts receivable | 41 | €1,406,348 | €1,449,040 | +€42,692 | +3.0% |
| Cash at bank and in hand | 54/58 | €184 | €225 | +€41 | +22.1% |
| Total equity and liabilities | 10/49 | €1,665,032 | €1,707,764 | +€42,732 | +2.6% |
| Equity | 10/15 | €1,361,739 | €1,388,906 | +€27,167 | +2.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,300,183 | €1,327,406 | +€27,223 | +2.1% |
| Non-distributable reserves | 130/1 | €22,000 | €22,000 | = | 0.0% |
| Legal reserve | 130 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €1,278,183 | €1,305,406 | +€27,223 | +2.1% |
| Profit (loss) carried forward | 14 | €56 | - | -€56 | |
| Amounts payable | 17/49 | €303,293 | €318,858 | +€15,565 | +5.1% |
| Amounts payable within one year | 42/48 | €303,293 | €318,858 | +€15,565 | +5.1% |
| Trade debts | 44 | €1,177 | €3,341 | +€2,164 | +184% |
| Suppliers | 440/4 | €1,177 | €3,341 | +€2,164 | +184% |
| Taxes, remuneration and social security | 45 | €18,083 | €28,084 | +€10,001 | +55.3% |
| Taxes | 450/3 | €18,083 | €28,084 | +€10,001 | +55.3% |
| Other amounts payable | 47/48 | €284,034 | €287,434 | +€3,400 | +1.2% |
| Other operating charges | 640/8 | €4,986 | €1,357 | -€3,628 | -72.8% |
| Gross operating margin | 9900 | -€8,489 | -€7,232 | +€1,257 | +14.8% |
| Operating profit (loss) | 9901 | -€13,475 | -€8,589 | +€4,886 | +36.3% |
| Financial income | 75/76B | €49,986 | €49,346 | -€640 | -1.3% |
| Recurring financial income | 75 | €49,986 | €49,346 | -€640 | -1.3% |
| Financial charges | 65/66B | €4,794 | €3,700 | -€1,093 | -22.8% |
| Recurring financial charges | 65 | €4,794 | €3,700 | -€1,093 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €31,717 | €37,057 | +€5,339 | +16.8% |
| Income taxes | 67/77 | €9,560 | €9,890 | +€330 | +3.4% |
| Profit (loss) for the period | 9904 | €22,158 | €27,167 | +€5,010 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,158 | €27,167 | +€5,010 | +22.6% |
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 15 October 2026 via checked.be.