URBAN SYSTEM: 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 SYSTEM
Largest movements
- Cash +€916
up €916 (+2,888%), from €32 to €948
mainly Other debts (+€3,050) and Depreciation (+€455)
- Formation expenses -€455
down €455 (-82.4%), from €552 to €97
- Receivables within one year -€308
down €308 (-67.2%), from €459 to €151
of which Other amounts receivable: -€308
- Other debts +€3,050
up €3,050 (+181%), from €1,685 to €4,735
- Profit (loss) carried forward -€2,931
down €2,931 (-110%), from -€2,654 to -€5,585
- Trade debts +€99
up €99 (+8.1%), from €1,216 to €1,315
- Tax, wage and social debts -€65
down €65 (-100%), from €65 to €0
- Other operating charges +€124
up €124 (+32.1%), from €387 to €512
- Financial charges +€84
up €84, from €0 to €84
- Gross operating margin -€68
down €68 (-3.8%), from -€1,812 to -€1,880
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 | €1,043 | €1,196 | +€153 | +14.6% |
| Formation expenses | 20 | €552 | €97 | -€455 | -82.4% |
| Current assets | 29/58 | €491 | €1,099 | +€608 | +124% |
| Amounts receivable within one year | 40/41 | €459 | €151 | -€308 | -67.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €459 | €151 | -€308 | -67.2% |
| Cash at bank and in hand | 54/58 | €32 | €948 | +€916 | +2,888% |
| Total equity and liabilities | 10/49 | €1,043 | €1,196 | +€153 | +14.6% |
| Equity | 10/15 | -€1,923 | -€4,854 | -€2,931 | -152% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €231 | €231 | = | 0.0% |
| Distributable reserves | 133 | €231 | €231 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,654 | -€5,585 | -€2,931 | -110% |
| Amounts payable | 17/49 | €2,966 | €6,049 | +€3,084 | +104% |
| Amounts payable within one year | 42/48 | €2,966 | €6,049 | +€3,084 | +104% |
| Trade debts | 44 | €1,216 | €1,315 | +€99 | +8.1% |
| Suppliers | 440/4 | €1,216 | €1,315 | +€99 | +8.1% |
| Taxes, remuneration and social security | 45 | €65 | €0 | -€65 | -100% |
| Taxes | 450/3 | €65 | €0 | -€65 | -100% |
| Other amounts payable | 47/48 | €1,685 | €4,735 | +€3,050 | +181% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €455 | €455 | -€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €512 | +€124 | +32.1% |
| Gross operating margin | 9900 | -€1,812 | -€1,880 | -€68 | -3.8% |
| Operating profit (loss) | 9901 | -€2,654 | -€2,847 | -€193 | -7.3% |
| Financial charges | 65/66B | €0 | €84 | +€84 | |
| Recurring financial charges | 65 | €0 | €84 | +€84 | |
| Profit (loss) for the period before taxes | 9903 | -€2,654 | -€2,931 | -€277 | -10.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€2,654 | -€2,931 | -€277 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,654 | -€2,931 | -€277 | -10.4% |
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 20 October 2026 via checked.be.