URBAN-ID: 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-ID
Largest movements
- Stocks and contracts -€2.6m
down €2.6m (-40.9%), from €6.3m to €3.7m
- Receivables within one year -€830,343
down €830,343 (-85.9%), from €966,272 to €135,929
of which Other amounts receivable: -€812,293
- Cash -€362,847
down €362,847 (-94.3%), from €384,943 to €22,097
mainly Short-term financial debts (-€2.2m) and Debts after one year (-€1.6m)
- Short-term financial debts -€2.2m
down €2.2m (-49.5%), from €4.4m to €2.2m
- Debts after one year -€1.6m
down €1.6m (-31.5%), from €5.0m to €3.4m
- Current portion of long-term debt -€522,750
down €522,750 (-84.8%), from €616,688 to €93,938
- Reserves +€446,860
up €446,860 (+14.2%), from €3.1m to €3.6m
of which Distributable reserves: +€446,860
- Staff costs -€54,655
down €54,655 (-93.5%), from €58,452 to €3,797
- Financial income +€38,280
up €38,280 (+28.7%), from €133,409 to €171,689
of which Financial income: +€78,280
- Taxes +€24,490
up €24,490 (+18.5%), from €132,045 to €156,535
- Gross operating margin -€16,893
down €16,893 (-2.2%), from €764,096 to €747,203
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,387,784 | €9,601,893 | -€3.8m | -28.3% |
| Fixed assets | 21/28 | €1,109,163 | €1,076,280 | -€32,884 | -3.0% |
| Tangible fixed assets | 22/27 | €590,098 | €557,215 | -€32,884 | -5.6% |
| Land and buildings | 22 | €570,347 | €542,243 | -€28,104 | -4.9% |
| Furniture and vehicles | 24 | €19,751 | €14,972 | -€4,780 | -24.2% |
| Financial fixed assets | 28 | €519,065 | €519,065 | = | 0.0% |
| Current assets | 29/58 | €12,278,620 | €8,525,613 | -€3.8m | -30.6% |
| Amounts receivable after more than one year | 29 | €4,625,036 | €4,535,468 | -€89,568 | -1.9% |
| Other amounts receivable | 291 | €4,625,036 | €4,535,468 | -€89,568 | -1.9% |
| Stocks and contracts in progress | 3 | €6,256,098 | €3,697,605 | -€2.6m | -40.9% |
| Stocks | 30/36 | €6,256,098 | €3,697,605 | -€2.6m | -40.9% |
| Amounts receivable within one year | 40/41 | €966,272 | €135,929 | -€830,343 | -85.9% |
| Trade receivables | 40 | €19,209 | €1,159 | -€18,050 | -94.0% |
| Other amounts receivable | 41 | €947,063 | €134,770 | -€812,293 | -85.8% |
| Cash at bank and in hand | 54/58 | €384,943 | €22,097 | -€362,847 | -94.3% |
| Deferred charges and accrued income | 490/1 | €46,271 | €134,515 | +€88,243 | +191% |
| Total equity and liabilities | 10/49 | €13,387,784 | €9,601,893 | -€3.8m | -28.3% |
| Equity | 10/15 | €3,211,446 | €3,658,306 | +€446,860 | +13.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,149,446 | €3,596,306 | +€446,860 | +14.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,143,246 | €3,590,106 | +€446,860 | +14.2% |
| Amounts payable | 17/49 | €10,176,338 | €5,943,587 | -€4.2m | -41.6% |
| Amounts payable after more than one year | 17 | €5,021,062 | €3,441,518 | -€1.6m | -31.5% |
| Financial debts | 170/4 | €5,021,062 | €3,441,518 | -€1.6m | -31.5% |
| Amounts payable within one year | 42/48 | €5,143,248 | €2,461,443 | -€2.7m | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €616,688 | €93,938 | -€522,750 | -84.8% |
| Financial debts | 43 | €4,441,716 | €2,242,688 | -€2.2m | -49.5% |
| Credit institutions | 430/8 | €4,441,716 | €2,242,688 | -€2.2m | -49.5% |
| Trade debts | 44 | €55,323 | €44,017 | -€11,306 | -20.4% |
| Suppliers | 440/4 | €55,323 | €44,017 | -€11,306 | -20.4% |
| Taxes, remuneration and social security | 45 | €25,922 | €80,581 | +€54,659 | +211% |
| Taxes | 450/3 | €22,669 | €80,581 | +€57,912 | +255% |
| Remuneration and social security | 454/9 | €3,253 | - | -€3,253 | |
| Other amounts payable | 47/48 | €3,600 | €220 | -€3,380 | -93.9% |
| Accrued charges and deferred income | 492/3 | €12,028 | €40,626 | +€28,598 | +238% |
| Remuneration, social security and pensions | 62 | €58,452 | €3,797 | -€54,655 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,067 | €32,884 | -€2,183 | -6.2% |
| Other operating charges | 640/8 | €24,595 | €22,147 | -€2,447 | -10.0% |
| Gross operating margin | 9900 | €764,096 | €747,203 | -€16,893 | -2.2% |
| Operating profit (loss) | 9901 | €645,983 | €688,375 | +€42,392 | +6.6% |
| Financial income | 75/76B | €133,409 | €171,689 | +€38,280 | +28.7% |
| Recurring financial income | 75 | €93,409 | €171,689 | +€78,280 | +83.8% |
| Non-recurring financial income | 76B | €40,000 | - | -€40,000 | |
| Financial charges | 65/66B | €255,257 | €256,668 | +€1,410 | +0.6% |
| Recurring financial charges | 65 | €255,257 | €256,668 | +€1,410 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €524,134 | €603,396 | +€79,262 | +15.1% |
| Income taxes | 67/77 | €132,045 | €156,535 | +€24,490 | +18.5% |
| Profit (loss) for the period | 9904 | €392,089 | €446,860 | +€54,772 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €392,089 | €446,860 | +€54,772 | +14.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.