Urbangoed: 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.
Urbangoed
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+4443.0%), from €32,195 to €1.5m
of which Land and buildings: +€1.3m
- Cash -€128,154
down €128,154 (-48.8%), from €262,342 to €134,188
mainly Investment in fixed assets (net) (-€1.5m) and Net result for the year (-€52,749)
- Receivables within one year -€83,030
down €83,030 (-58.9%), from €141,044 to €58,014
of which Other amounts receivable: -€93,791
- Debts after one year +€920,010
up €920,010 (+787.2%), from €116,869 to €1.0m
- Other debts +€372,451
up €372,451 (+11604.0%), from €3,210 to €375,661
- Profit (loss) carried forward -€52,749
down €52,749 (-33.0%), from €159,919 to €107,170
- Current portion of long-term debt +€50,100
up €50,100 (+140.0%), from €35,793 to €85,892
- Tax, wage and social debts -€42,537
down €42,537 (-44.7%), from €95,150 to €52,614
of which Taxes: -€28,436
- Depreciation +€66,832
up €66,832 (+547.8%), from €12,200 to €79,032
- Gross operating margin -€52,913
down €52,913 (-10.2%), from €518,594 to €465,680
- Staff costs -€12,713
down €12,713 (-2.9%), from €432,267 to €419,555
- Taxes -€11,744
down €11,744 (-98.2%), from €11,964 to €220
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.
Cash bridge derived
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 | €496,494 | €1,717,723 | +€1.2m | +246.0% |
| Fixed assets | 21/28 | €32,195 | €1,462,611 | +€1.4m | +4443.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €32,195 | €1,462,611 | +€1.4m | +4443.0% |
| Land and buildings | 22 | - | €1,338,180 | +€1.3m | |
| Plant, machinery and equipment | 23 | €26,155 | €107,505 | +€81,350 | +311.0% |
| Furniture and vehicles | 24 | €6,040 | €16,926 | +€10,886 | +180.2% |
| Current assets | 29/58 | €464,299 | €255,112 | -€209,187 | -45.1% |
| Stocks and contracts in progress | 3 | €48,231 | €54,595 | +€6,364 | +13.2% |
| Stocks | 30/36 | €48,231 | €54,595 | +€6,364 | +13.2% |
| Amounts receivable within one year | 40/41 | €141,044 | €58,014 | -€83,030 | -58.9% |
| Trade receivables | 40 | €36,161 | €46,922 | +€10,761 | +29.8% |
| Other amounts receivable | 41 | €104,882 | €11,091 | -€93,791 | -89.4% |
| Cash at bank and in hand | 54/58 | €262,342 | €134,188 | -€128,154 | -48.8% |
| Deferred charges and accrued income | 490/1 | €12,682 | €8,315 | -€4,368 | -34.4% |
| Total equity and liabilities | 10/49 | €496,494 | €1,717,723 | +€1.2m | +246.0% |
| Equity | 10/15 | €165,919 | €113,170 | -€52,749 | -31.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,919 | €107,170 | -€52,749 | -33.0% |
| Amounts payable | 17/49 | €330,575 | €1,604,553 | +€1.3m | +385.4% |
| Amounts payable after more than one year | 17 | €116,869 | €1,036,879 | +€920,010 | +787.2% |
| Financial debts | 170/4 | €116,869 | €1,036,879 | +€920,010 | +787.2% |
| Amounts payable within one year | 42/48 | €205,534 | €562,547 | +€357,013 | +173.7% |
| Current portion of amounts payable after more than one year | 42 | €35,793 | €85,892 | +€50,100 | +140.0% |
| Financial debts | 43 | €31,227 | €11,846 | -€19,382 | -62.1% |
| Credit institutions | 430/8 | €31,227 | €11,846 | -€19,382 | -62.1% |
| Trade debts | 44 | €39,689 | €36,070 | -€3,619 | -9.1% |
| Suppliers | 440/4 | €39,689 | €36,070 | -€3,619 | -9.1% |
| Advances received on contracts in progress | 46 | €466 | €466 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €95,150 | €52,614 | -€42,537 | -44.7% |
| Taxes | 450/3 | €46,619 | €18,183 | -€28,436 | -61.0% |
| Remuneration and social security | 454/9 | €48,531 | €34,431 | -€14,100 | -29.1% |
| Other amounts payable | 47/48 | €3,210 | €375,661 | +€372,451 | +11604.0% |
| Accrued charges and deferred income | 492/3 | €8,172 | €5,126 | -€3,045 | -37.3% |
| Non-recurring operating income | 76A | €66,210 | €0 | -€66,210 | -100.0% |
| Remuneration, social security and pensions | 62 | €432,267 | €419,555 | -€12,713 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,200 | €79,032 | +€66,832 | +547.8% |
| Other operating charges | 640/8 | €3,280 | €8,219 | +€4,939 | +150.6% |
| Gross operating margin | 9900 | €518,594 | €465,680 | -€52,913 | -10.2% |
| Operating profit (loss) | 9901 | €70,847 | -€41,125 | -€111,972 | |
| Financial income | 75/76B | €57 | €52 | -€5 | -9.4% |
| Recurring financial income | 75 | €57 | €52 | -€5 | -9.4% |
| Financial charges | 65/66B | €13,456 | €11,456 | -€2,000 | -14.9% |
| Recurring financial charges | 65 | €13,456 | €11,456 | -€2,000 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €57,448 | -€52,529 | -€109,977 | |
| Income taxes | 67/77 | €11,964 | €220 | -€11,744 | -98.2% |
| Profit (loss) for the period | 9904 | €45,484 | -€52,749 | -€98,234 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,484 | -€52,749 | -€98,234 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.