Urban LED 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 LED Design
Largest movements
- Receivables after one year +€175,743
up €175,743 (+36.6%), from €480,733 to €656,476
- Receivables within one year +€74,282
up €74,282 (+70.1%), from €106,028 to €180,310
of which Trade receivables: +€85,540
- Profit (loss) carried forward +€182,592
up €182,592 (+41.8%), from €436,955 to €619,547
- Advances received +€82,183
up €82,183 (+89.2%), from €92,133 to €174,316
- Tax, wage and social debts -€27,371
down €27,371 (-37.1%), from €73,868 to €46,497
of which Taxes: -€25,471
- Trade debts +€10,193
up €10,193 (+48.3%), from €21,115 to €31,309
- Gross operating margin +€42,429
up €42,429 (+29.8%), from €142,587 to €185,016
- Depreciation -€6,004
down €6,004 (-68.4%), from €8,777 to €2,773
- Taxes -€4,810
down €4,810 (-26.1%), from €18,426 to €13,616
- Financial income +€3,944
up €3,944 (+32.6%), from €12,116 to €16,060
- Staff costs -€2,203
down €2,203 (-100%), from €2,203 to €0
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 | €626,972 | €874,569 | +€247,598 | +39.5% |
| Fixed assets | 21/28 | €10,678 | €7,905 | -€2,773 | -26.0% |
| Tangible fixed assets | 22/27 | €10,678 | €7,905 | -€2,773 | -26.0% |
| Plant, machinery and equipment | 23 | €33 | €0 | -€33 | -100% |
| Furniture and vehicles | 24 | €10,645 | €7,905 | -€2,740 | -25.7% |
| Current assets | 29/58 | €616,294 | €866,664 | +€250,371 | +40.6% |
| Amounts receivable after more than one year | 29 | €480,733 | €656,476 | +€175,743 | +36.6% |
| Other amounts receivable | 291 | €480,733 | €656,476 | +€175,743 | +36.6% |
| Amounts receivable within one year | 40/41 | €106,028 | €180,310 | +€74,282 | +70.1% |
| Trade receivables | 40 | €91,562 | €177,102 | +€85,540 | +93.4% |
| Other amounts receivable | 41 | €14,466 | €3,208 | -€11,258 | -77.8% |
| Cash at bank and in hand | 54/58 | €29,366 | €29,704 | +€338 | +1.2% |
| Deferred charges and accrued income | 490/1 | €167 | €175 | +€7 | +4.4% |
| Total equity and liabilities | 10/49 | €626,972 | €874,569 | +€247,598 | +39.5% |
| Equity | 10/15 | €437,955 | €620,547 | +€182,592 | +41.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €436,955 | €619,547 | +€182,592 | +41.8% |
| Amounts payable | 17/49 | €189,016 | €254,022 | +€65,006 | +34.4% |
| Amounts payable within one year | 42/48 | €189,016 | €254,022 | +€65,006 | +34.4% |
| Trade debts | 44 | €21,115 | €31,309 | +€10,193 | +48.3% |
| Suppliers | 440/4 | €21,115 | €31,309 | +€10,193 | +48.3% |
| Advances received on contracts in progress | 46 | €92,133 | €174,316 | +€82,183 | +89.2% |
| Taxes, remuneration and social security | 45 | €73,868 | €46,497 | -€27,371 | -37.1% |
| Taxes | 450/3 | €71,968 | €46,497 | -€25,471 | -35.4% |
| Remuneration and social security | 454/9 | €1,901 | €0 | -€1,901 | -100% |
| Other amounts payable | 47/48 | €1,900 | €1,900 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €2,203 | €0 | -€2,203 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,777 | €2,773 | -€6,004 | -68.4% |
| Other operating charges | 640/8 | €2,243 | €1,873 | -€370 | -16.5% |
| Gross operating margin | 9900 | €142,587 | €185,016 | +€42,429 | +29.8% |
| Operating profit (loss) | 9901 | €129,364 | €180,370 | +€51,006 | +39.4% |
| Financial income | 75/76B | €12,116 | €16,060 | +€3,944 | +32.6% |
| Recurring financial income | 75 | €12,116 | €16,060 | +€3,944 | +32.6% |
| Financial charges | 65/66B | €267 | €221 | -€45 | -17.0% |
| Recurring financial charges | 65 | €267 | €221 | -€45 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €141,213 | €196,208 | +€54,995 | +38.9% |
| Income taxes | 67/77 | €18,426 | €13,616 | -€4,810 | -26.1% |
| Profit (loss) for the period | 9904 | €122,787 | €182,592 | +€59,805 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,787 | €182,592 | +€59,805 | +48.7% |
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 30 October 2026 via checked.be.