Urban Projects Construct: 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 Projects Construct
Largest movements
- Current assets +€116,963
up €116,963 (+61.0%), from €191,743 to €308,707
of which Receivables within one year: +€110,198
- Financial fixed assets +€6,222
up €6,222 (+1517.4%), from €410 to €6,632
- Debts within one year +€121,587
up €121,587 (+110.6%), from €109,973 to €231,560
- Taxes +€672
new in 2017: €672
- Depreciation -€255
down €255 (-32.0%), from €798 to €543
- Gross operating margin -€150
down €150 (-1.4%), from €10,930 to €10,780
From the 2016 result to the 2017 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,120 | €315,761 | +€122,642 | +63.5% |
| Fixed assets | 21/28 | €1,376 | €7,055 | +€5,678 | +412.6% |
| Tangible fixed assets | 22/27 | €966 | €423 | -€543 | -56.2% |
| Financial fixed assets | 28 | €410 | €6,632 | +€6,222 | +1517.4% |
| Current assets | 29/58 | €191,743 | €308,707 | +€116,963 | +61.0% |
| Amounts receivable within one year | 40/41 | €160,277 | €270,474 | +€110,198 | +68.8% |
| Cash at bank and in hand | 54/58 | €91 | €1,835 | +€1,745 | +1925.3% |
| Total equity and liabilities | 10/49 | €193,120 | €315,761 | +€122,642 | +63.5% |
| Equity | 10/15 | €83,147 | €84,202 | +€1,055 | +1.3% |
| Contributions | 10/11 | €82,000 | €82,000 | = | 0.0% |
| Reserves | 13 | €1,147 | €2,202 | +€1,055 | +92.0% |
| Profit (loss) carried forward | 14 | -€664 | -€108 | +€556 | +83.8% |
| Amounts payable | 17/49 | €109,973 | €231,560 | +€121,587 | +110.6% |
| Amounts payable within one year | 42/48 | €109,973 | €231,560 | +€121,587 | +110.6% |
| Trade debts | 44 | €79,015 | €147,683 | +€68,669 | +86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €798 | €543 | -€255 | -32.0% |
| Gross operating margin | 9900 | €10,930 | €10,780 | -€150 | -1.4% |
| Operating profit (loss) | 9901 | €9,423 | €7,698 | -€1,725 | -18.3% |
| Recurring financial income | 75 | €1,130 | €51 | -€1,079 | -95.5% |
| Recurring financial charges | 65 | €9,299 | €6,022 | -€3,277 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €1,255 | €1,727 | +€473 | +37.7% |
| Income taxes | 67/77 | - | €672 | +€672 | |
| Profit (loss) for the period | 9904 | €1,255 | €1,055 | -€200 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,255 | €1,055 | -€200 | -15.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.