URBAN STUDIO: 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 STUDIO
Largest movements
- Receivables within one year +€12,972
up €12,972 (+59.0%), from €21,972 to €34,944
of which Trade receivables: +€15,292
- Tangible fixed assets -€6,093
down €6,093 (-25.5%), from €23,872 to €17,779
of which Plant, machinery and equipment: -€5,436
- Cash -€2,235
down €2,235 (-29.1%), from €7,693 to €5,458
mainly Short-term financial debts (-€24,255) and Receivables within one year (-€12,972)
- Short-term financial debts -€24,255
no longer reported in 2024 (was €24,255)
- Profit (loss) carried forward +€22,488
up €22,488 (+188.1%), from €11,957 to €34,446
- Tax, wage and social debts +€3,032
up €3,032 (+47.8%), from €6,345 to €9,377
- Trade debts +€2,124
up €2,124 (+32.8%), from €6,473 to €8,597
- Other debts +€1,254
new in 2024: €1,254
- Gross operating margin +€11,790
up €11,790 (+50.9%), from €23,154 to €34,944
- Taxes +€3,206
up €3,206 (+104.4%), from €3,071 to €6,277
- Financial charges -€1,365
down €1,365 (-97.5%), from €1,400 to €35
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 | €53,536 | €58,180 | +€4,644 | +8.7% |
| Fixed assets | 21/28 | €23,872 | €17,779 | -€6,093 | -25.5% |
| Tangible fixed assets | 22/27 | €23,872 | €17,779 | -€6,093 | -25.5% |
| Plant, machinery and equipment | 23 | €21,741 | €16,305 | -€5,436 | -25.0% |
| Furniture and vehicles | 24 | €903 | €536 | -€366 | -40.6% |
| Other tangible fixed assets | 26 | €1,228 | €938 | -€290 | -23.6% |
| Current assets | 29/58 | €29,665 | €40,402 | +€10,737 | +36.2% |
| Amounts receivable within one year | 40/41 | €21,972 | €34,944 | +€12,972 | +59.0% |
| Trade receivables | 40 | €12,978 | €28,270 | +€15,292 | +117.8% |
| Other amounts receivable | 41 | €8,994 | €6,674 | -€2,320 | -25.8% |
| Cash at bank and in hand | 54/58 | €7,693 | €5,458 | -€2,235 | -29.1% |
| Total equity and liabilities | 10/49 | €53,536 | €58,180 | +€4,644 | +8.7% |
| Equity | 10/15 | €14,957 | €37,446 | +€22,488 | +150.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,957 | €34,446 | +€22,488 | +188.1% |
| Amounts payable | 17/49 | €38,579 | €20,735 | -€17,844 | -46.3% |
| Amounts payable within one year | 42/48 | €38,579 | €20,735 | -€17,844 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €1,507 | €1,507 | = | 0.0% |
| Financial debts | 43 | €24,255 | - | -€24,255 | |
| Credit institutions | 430/8 | €24,255 | - | -€24,255 | |
| Trade debts | 44 | €6,473 | €8,597 | +€2,124 | +32.8% |
| Suppliers | 440/4 | €6,473 | €8,597 | +€2,124 | +32.8% |
| Taxes, remuneration and social security | 45 | €6,345 | €9,377 | +€3,032 | +47.8% |
| Taxes | 450/3 | €6,345 | €9,377 | +€3,032 | +47.8% |
| Other amounts payable | 47/48 | - | €1,254 | +€1,254 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,178 | €6,093 | -€86 | -1.4% |
| Non-recurring operating charges | 66A | - | €51 | +€51 | |
| Gross operating margin | 9900 | €23,154 | €34,944 | +€11,790 | +50.9% |
| Operating profit (loss) | 9901 | €16,975 | €28,800 | +€11,824 | +69.7% |
| Financial income | 75/76B | €173 | - | -€173 | |
| Recurring financial income | 75 | €173 | - | -€173 | |
| Financial charges | 65/66B | €1,400 | €35 | -€1,365 | -97.5% |
| Recurring financial charges | 65 | €1,400 | €35 | -€1,365 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €15,748 | €28,765 | +€13,016 | +82.7% |
| Income taxes | 67/77 | €3,071 | €6,277 | +€3,206 | +104.4% |
| Profit (loss) for the period | 9904 | €12,678 | €22,488 | +€9,811 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,678 | €22,488 | +€9,811 | +77.4% |
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.