URBAN PLUS: what changed
Two fiscal 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 PLUS
Largest movements
- Stocks and contracts +€143,939
up €143,939 (+28.4%), from €506,905 to €650,844
- Cash -€65,292
down €65,292 (-79.6%), from €82,062 to €16,771
mainly Stocks and contracts (-€143,939) and Tax, wage and social debts (-€29,292)
- Tangible fixed assets -€12,065
down €12,065 (-2.8%), from €427,233 to €415,168
of which Land and buildings: -€11,812
- Short-term financial debts +€80,000
up €80,000 (+42.1%), from €190,000 to €270,000
- Tax, wage and social debts -€29,292
down €29,292 (-48.1%), from €60,870 to €31,578
- Trade debts +€21,406
up €21,406 (+281.6%), from €7,601 to €29,007
- Profit (loss) carried forward -€17,756
down €17,756 (-7.4%), from €239,464 to €221,708
- Other debts +€16,245
up €16,245 (+17.8%), from €91,156 to €107,401
- Gross operating margin -€147,500
down €147,500 (-96.4%), from €153,019 to €5,519
- Taxes -€24,665
no longer reported in 2024 (was €24,665)
- Financial charges -€20,319
down €20,319 (-76.4%), from €26,582 to €6,263
- Financial income +€6,866
up €6,866 (+76289.8%), from €9 to €6,875
- Other operating charges +€6,759
up €6,759 (+263.9%), from €2,561 to €9,320
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.
Cash bridge derived
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 | €1,044,796 | €1,103,272 | +€58,476 | +5.6% |
| Fixed assets | 21/28 | €430,983 | €416,418 | -€14,565 | -3.4% |
| Intangible fixed assets | 21 | €3,750 | €1,250 | -€2,500 | -66.7% |
| Tangible fixed assets | 22/27 | €427,233 | €415,168 | -€12,065 | -2.8% |
| Land and buildings | 22 | €426,929 | €415,117 | -€11,812 | -2.8% |
| Furniture and vehicles | 24 | €154 | €1 | -€153 | -99.5% |
| Other tangible fixed assets | 26 | €150 | €50 | -€100 | -66.5% |
| Current assets | 29/58 | €613,813 | €686,855 | +€73,042 | +11.9% |
| Stocks and contracts in progress | 3 | €506,905 | €650,844 | +€143,939 | +28.4% |
| Stocks | 30/36 | €506,905 | €650,844 | +€143,939 | +28.4% |
| Amounts receivable within one year | 40/41 | €24,557 | €19,240 | -€5,317 | -21.7% |
| Trade receivables | 40 | €10,702 | €11,227 | +€525 | +4.9% |
| Other amounts receivable | 41 | €13,855 | €8,013 | -€5,842 | -42.2% |
| Cash at bank and in hand | 54/58 | €82,062 | €16,771 | -€65,292 | -79.6% |
| Deferred charges and accrued income | 490/1 | €289 | - | -€289 | |
| Total equity and liabilities | 10/49 | €1,044,796 | €1,103,272 | +€58,476 | +5.6% |
| Equity | 10/15 | €272,464 | €254,708 | -€17,756 | -6.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,464 | €221,708 | -€17,756 | -7.4% |
| Amounts payable | 17/49 | €772,332 | €848,565 | +€76,233 | +9.9% |
| Amounts payable after more than one year | 17 | €410,579 | €398,149 | -€12,430 | -3.0% |
| Financial debts | 170/4 | €410,579 | €398,149 | -€12,430 | -3.0% |
| Amounts payable within one year | 42/48 | €361,753 | €450,415 | +€88,662 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €12,126 | €12,429 | +€303 | +2.5% |
| Financial debts | 43 | €190,000 | €270,000 | +€80,000 | +42.1% |
| Credit institutions | 430/8 | €190,000 | €270,000 | +€80,000 | +42.1% |
| Trade debts | 44 | €7,601 | €29,007 | +€21,406 | +281.6% |
| Suppliers | 440/4 | €7,601 | €29,007 | +€21,406 | +281.6% |
| Taxes, remuneration and social security | 45 | €60,870 | €31,578 | -€29,292 | -48.1% |
| Taxes | 450/3 | €60,870 | €31,578 | -€29,292 | -48.1% |
| Other amounts payable | 47/48 | €91,156 | €107,401 | +€16,245 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,072 | €14,567 | -€505 | -3.4% |
| Other operating charges | 640/8 | €2,561 | €9,320 | +€6,759 | +263.9% |
| Gross operating margin | 9900 | €153,019 | €5,519 | -€147,500 | -96.4% |
| Operating profit (loss) | 9901 | €135,386 | -€18,367 | -€153,753 | |
| Financial income | 75/76B | €9 | €6,875 | +€6,866 | +76289.8% |
| Recurring financial income | 75 | €9 | €6,875 | +€6,866 | +76289.8% |
| Financial charges | 65/66B | €26,582 | €6,263 | -€20,319 | -76.4% |
| Recurring financial charges | 65 | €26,582 | €6,263 | -€20,319 | -76.4% |
| Profit (loss) for the period before taxes | 9903 | €108,813 | -€17,756 | -€126,569 | |
| Income taxes | 67/77 | €24,665 | - | -€24,665 | |
| Profit (loss) for the period | 9904 | €84,148 | -€17,756 | -€101,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €84,148 | -€17,756 | -€101,904 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.