URBAN SPHERE: 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 SPHERE
Largest movements
- Cash -€8,624
down €8,624 (-33.8%), from €25,480 to €16,856
mainly Current portion of long-term debt (-€38,837) and Investment in fixed assets (net) (-€24,783)
- Tangible fixed assets -€4,582
down €4,582 (-12.1%), from €37,861 to €33,280
of which Other tangible fixed assets: -€15,293
- Receivables within one year +€3,969
up €3,969 (+13.6%), from €29,158 to €33,126
of which Trade receivables: +€3,680
- Current portion of long-term debt -€38,837
down €38,837 (-75.0%), from €51,797 to €12,960
- Profit (loss) carried forward +€34,708
up €34,708 (+7.8%), from -€445,086 to -€410,377
- Tax, wage and social debts -€4,940
down €4,940 (-41.4%), from €11,944 to €7,004
of which Taxes: -€6,730
- Trade debts +€2,697
up €2,697 (+6.0%), from €45,063 to €47,760
- Debts after one year -€2,223
down €2,223 (-1.2%), from €183,405 to €181,182
- Gross operating margin +€43,519
up €43,519 (+43.1%), from €101,030 to €144,549
- Staff costs +€19,873
up €19,873 (+38.7%), from €51,376 to €71,249
- Depreciation +€2,475
up €2,475 (+9.0%), from €27,378 to €29,853
- Financial income +€2,274
up €2,274 (+1,431%), from €159 to €2,433
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 | €98,462 | €89,568 | -€8,894 | -9.0% |
| Fixed assets | 21/28 | €42,480 | €37,410 | -€5,070 | -11.9% |
| Intangible fixed assets | 21 | €1,338 | €850 | -€488 | -36.5% |
| Tangible fixed assets | 22/27 | €37,861 | €33,280 | -€4,582 | -12.1% |
| Plant, machinery and equipment | 23 | €3,830 | €5,501 | +€1,672 | +43.6% |
| Furniture and vehicles | 24 | €5,287 | €14,326 | +€9,039 | +171% |
| Other tangible fixed assets | 26 | €28,745 | €13,452 | -€15,293 | -53.2% |
| Financial fixed assets | 28 | €3,281 | €3,281 | = | 0.0% |
| Current assets | 29/58 | €55,982 | €52,158 | -€3,824 | -6.8% |
| Stocks and contracts in progress | 3 | €130 | €244 | +€114 | +87.4% |
| Stocks | 30/36 | €130 | €244 | +€114 | +87.4% |
| Amounts receivable within one year | 40/41 | €29,158 | €33,126 | +€3,969 | +13.6% |
| Trade receivables | 40 | €23,615 | €27,295 | +€3,680 | +15.6% |
| Other amounts receivable | 41 | €5,542 | €5,831 | +€289 | +5.2% |
| Cash at bank and in hand | 54/58 | €25,480 | €16,856 | -€8,624 | -33.8% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,931 | +€718 | +59.1% |
| Total equity and liabilities | 10/49 | €98,462 | €89,568 | -€8,894 | -9.0% |
| Equity | 10/15 | -€207,086 | -€172,377 | +€34,708 | +16.8% |
| Contributions | 10/11 | €238,000 | €238,000 | = | 0.0% |
| Capital | 10 | €238,000 | €238,000 | = | 0.0% |
| Issued capital | 100 | €238,000 | €238,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€445,086 | -€410,377 | +€34,708 | +7.8% |
| Amounts payable | 17/49 | €305,547 | €261,945 | -€43,602 | -14.3% |
| Amounts payable after more than one year | 17 | €183,405 | €181,182 | -€2,223 | -1.2% |
| Financial debts | 170/4 | €183,405 | €181,182 | -€2,223 | -1.2% |
| Amounts payable within one year | 42/48 | €121,844 | €80,763 | -€41,080 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €51,797 | €12,960 | -€38,837 | -75.0% |
| Trade debts | 44 | €45,063 | €47,760 | +€2,697 | +6.0% |
| Suppliers | 440/4 | €45,063 | €47,760 | +€2,697 | +6.0% |
| Taxes, remuneration and social security | 45 | €11,944 | €7,004 | -€4,940 | -41.4% |
| Taxes | 450/3 | €6,808 | €79 | -€6,730 | -98.8% |
| Remuneration and social security | 454/9 | €5,136 | €6,925 | +€1,790 | +34.8% |
| Other amounts payable | 47/48 | €13,040 | €13,040 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €299 | - | -€299 | |
| Remuneration, social security and pensions | 62 | €51,376 | €71,249 | +€19,873 | +38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,378 | €29,853 | +€2,475 | +9.0% |
| Other operating charges | 640/8 | €7,054 | €5,686 | -€1,369 | -19.4% |
| Gross operating margin | 9900 | €101,030 | €144,549 | +€43,519 | +43.1% |
| Operating profit (loss) | 9901 | €15,222 | €37,761 | +€22,539 | +148% |
| Financial income | 75/76B | €159 | €2,433 | +€2,274 | +1,431% |
| Recurring financial income | 75 | €159 | €2,433 | +€2,274 | +1,431% |
| Financial charges | 65/66B | €5,056 | €5,467 | +€411 | +8.1% |
| Recurring financial charges | 65 | €5,056 | €5,467 | +€411 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €10,324 | €34,727 | +€24,402 | +236% |
| Income taxes | 67/77 | €1 | €18 | +€18 | +2,022% |
| Profit (loss) for the period | 9904 | €10,324 | €34,708 | +€24,385 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €10,324 | €34,708 | +€24,385 | +236% |
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 14 October 2026 via checked.be.