URBAN SOLUTIONS: 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 SOLUTIONS
Largest movements
- Current investments -€251,725
down €251,725 (-83.4%), from €301,725 to €50,000
- Tangible fixed assets +€230,198
up €230,198 (+653%), from €35,244 to €265,442
of which Land and buildings: +€231,221
- Cash +€138,583
up €138,583 (+86.8%), from €159,683 to €298,266
mainly Current investments (+€251,725) and Net result for the year (+€139,201)
- Receivables after one year -€60,000
no longer reported in 2025 (was €60,000)
- Deferred charges and accrued income +€20,331
new in 2025: €20,331
- Reserves +€54,416
up €54,416 (+10.8%), from €502,683 to €557,099
- Tax, wage and social debts +€22,069
up €22,069 (+134%), from €16,438 to €38,506
of which Taxes: +€22,069
- Gross operating margin +€127,269
up €127,269 (+140%), from €90,881 to €218,150
- Taxes +€28,333
up €28,333 (+100%), from €28,252 to €56,585
- Other operating charges +€27,876
up €27,876 (+1,543%), from €1,807 to €29,682
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 | €597,880 | €673,712 | +€75,833 | +12.7% |
| Fixed assets | 21/28 | €35,244 | €265,442 | +€230,198 | +653% |
| Tangible fixed assets | 22/27 | €35,244 | €265,442 | +€230,198 | +653% |
| Land and buildings | 22 | €28,405 | €259,627 | +€231,221 | +814% |
| Furniture and vehicles | 24 | €6,838 | €5,815 | -€1,023 | -15.0% |
| Current assets | 29/58 | €562,636 | €408,271 | -€154,365 | -27.4% |
| Amounts receivable after more than one year | 29 | €60,000 | - | -€60,000 | |
| Other amounts receivable | 291 | €60,000 | - | -€60,000 | |
| Amounts receivable within one year | 40/41 | €41,228 | €39,674 | -€1,554 | -3.8% |
| Trade receivables | 40 | €23,145 | €21,590 | -€1,554 | -6.7% |
| Other amounts receivable | 41 | €18,083 | €18,083 | = | 0.0% |
| Current investments | 50/53 | €301,725 | €50,000 | -€251,725 | -83.4% |
| Cash at bank and in hand | 54/58 | €159,683 | €298,266 | +€138,583 | +86.8% |
| Deferred charges and accrued income | 490/1 | - | €20,331 | +€20,331 | |
| Total equity and liabilities | 10/49 | €597,880 | €673,712 | +€75,833 | +12.7% |
| Equity | 10/15 | €573,613 | €628,029 | +€54,416 | +9.5% |
| Contributions | 10/11 | €70,930 | €70,930 | = | 0.0% |
| Reserves | 13 | €502,683 | €557,099 | +€54,416 | +10.8% |
| Distributable reserves | 133 | €502,683 | €557,099 | +€54,416 | +10.8% |
| Amounts payable | 17/49 | €24,266 | €45,683 | +€21,417 | +88.3% |
| Amounts payable within one year | 42/48 | €24,266 | €45,683 | +€21,417 | +88.3% |
| Current portion of amounts payable after more than one year | 42 | €3,285 | - | -€3,285 | |
| Trade debts | 44 | €1,178 | €2,660 | +€1,482 | +126% |
| Suppliers | 440/4 | €1,178 | €2,660 | +€1,482 | +126% |
| Taxes, remuneration and social security | 45 | €16,438 | €38,506 | +€22,069 | +134% |
| Taxes | 450/3 | €13,938 | €36,006 | +€22,069 | +158% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €3,365 | €4,517 | +€1,152 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,356 | €6,412 | +€56 | +0.9% |
| Other operating charges | 640/8 | €1,807 | €29,682 | +€27,876 | +1,543% |
| Gross operating margin | 9900 | €90,881 | €218,150 | +€127,269 | +140% |
| Operating profit (loss) | 9901 | €82,718 | €182,055 | +€99,337 | +120% |
| Financial income | 75/76B | €14,939 | €13,862 | -€1,077 | -7.2% |
| Recurring financial income | 75 | €14,939 | €13,862 | -€1,077 | -7.2% |
| Financial charges | 65/66B | €556 | €130 | -€425 | -76.5% |
| Recurring financial charges | 65 | €556 | €130 | -€425 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €97,101 | €195,787 | +€98,685 | +102% |
| Income taxes | 67/77 | €28,252 | €56,585 | +€28,333 | +100% |
| Profit (loss) for the period | 9904 | €68,849 | €139,201 | +€70,352 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €68,849 | €139,201 | +€70,352 | +102% |
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 28 October 2026 via checked.be.