URBANISING: 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.
URBANISING
Largest movements
- Receivables within one year -€51,023
down €51,023 (-49.3%), from €103,548 to €52,525
of which Other amounts receivable: -€31,533
- Cash -€19,278
down €19,278 (-46.6%), from €41,411 to €22,132
mainly Trade debts (-€35,795) and Net result for the year (-€19,938)
- Trade debts -€35,795
down €35,795 (-74.9%), from €47,811 to €12,016
- Profit (loss) carried forward -€19,938
down €19,938 (-33.5%), from €59,430 to €39,492
- Tax, wage and social debts -€17,078
down €17,078 (-47.7%), from €35,804 to €18,725
of which Taxes: -€16,103
- Other debts +€1,849
up €1,849 (+11774.9%), from €16 to €1,864
- Gross operating margin -€87,151
down €87,151 (-85.2%), from €102,349 to €15,198
- Staff costs -€12,691
down €12,691 (-28.4%), from €44,661 to €31,970
- Taxes -€10,569
down €10,569 (-88.1%), from €12,000 to €1,431
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 | €145,860 | €74,897 | -€70,963 | -48.7% |
| Formation expenses | 20 | €162 | - | -€162 | |
| Fixed assets | 21/28 | €740 | €240 | -€500 | -67.6% |
| Tangible fixed assets | 22/27 | €740 | €240 | -€500 | -67.6% |
| Plant, machinery and equipment | 23 | €740 | €240 | -€500 | -67.6% |
| Current assets | 29/58 | €144,959 | €74,658 | -€70,301 | -48.5% |
| Amounts receivable within one year | 40/41 | €103,548 | €52,525 | -€51,023 | -49.3% |
| Trade receivables | 40 | €65,293 | €45,803 | -€19,489 | -29.8% |
| Other amounts receivable | 41 | €38,255 | €6,722 | -€31,533 | -82.4% |
| Cash at bank and in hand | 54/58 | €41,411 | €22,132 | -€19,278 | -46.6% |
| Total equity and liabilities | 10/49 | €145,860 | €74,897 | -€70,963 | -48.7% |
| Equity | 10/15 | €62,230 | €42,292 | -€19,938 | -32.0% |
| Contributions | 10/11 | €2,800 | €2,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,430 | €39,492 | -€19,938 | -33.5% |
| Amounts payable | 17/49 | €83,630 | €32,606 | -€51,025 | -61.0% |
| Amounts payable within one year | 42/48 | €83,630 | €32,606 | -€51,025 | -61.0% |
| Trade debts | 44 | €47,811 | €12,016 | -€35,795 | -74.9% |
| Suppliers | 440/4 | €47,811 | €12,016 | -€35,795 | -74.9% |
| Taxes, remuneration and social security | 45 | €35,804 | €18,725 | -€17,078 | -47.7% |
| Taxes | 450/3 | €32,593 | €16,490 | -€16,103 | -49.4% |
| Remuneration and social security | 454/9 | €3,211 | €2,236 | -€975 | -30.4% |
| Other amounts payable | 47/48 | €16 | €1,864 | +€1,849 | +11774.9% |
| Remuneration, social security and pensions | 62 | €44,661 | €31,970 | -€12,691 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,393 | €662 | -€732 | -52.5% |
| Other operating charges | 640/8 | €648 | €1,144 | +€496 | +76.5% |
| Gross operating margin | 9900 | €102,349 | €15,198 | -€87,151 | -85.2% |
| Operating profit (loss) | 9901 | €55,647 | -€18,578 | -€74,224 | |
| Financial income | 75/76B | €0 | €321 | +€321 | +320570.0% |
| Recurring financial income | 75 | €0 | €321 | +€321 | +320570.0% |
| Financial charges | 65/66B | €381 | €250 | -€131 | -34.3% |
| Recurring financial charges | 65 | €381 | €250 | -€131 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €55,266 | -€18,507 | -€73,773 | |
| Income taxes | 67/77 | €12,000 | €1,431 | -€10,569 | -88.1% |
| Profit (loss) for the period | 9904 | €43,266 | -€19,938 | -€63,204 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,266 | -€19,938 | -€63,204 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.