Urbanite Projects: 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.
Urbanite Projects
Largest movements
- Cash -€122,901
down €122,901 (-88.7%), from €138,557 to €15,656
mainly Investment in fixed assets (net) (-€113,196) and Net result for the year (-€22,673)
- Tangible fixed assets +€113,196
up €113,196 (+16.6%), from €682,795 to €795,991
of which Assets under construction and advance payments: +€113,196
- Profit (loss) carried forward -€22,673
down €22,673 (-15.1%), from -€150,374 to -€173,047
- Depreciation -€73,097
down €73,097 (-100.0%), from €73,097 to €0
- Gross operating margin +€56,583
up €56,583 (+89.4%), from -€63,316 to -€6,733
- Financial income -€1,117
down €1,117 (-100.0%), from €1,117 to €0
- Other operating charges +€1,039
up €1,039 (+7.1%), from €14,541 to €15,579
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 | €827,033 | €812,419 | -€14,614 | -1.8% |
| Fixed assets | 21/28 | €682,795 | €795,991 | +€113,196 | +16.6% |
| Tangible fixed assets | 22/27 | €682,795 | €795,991 | +€113,196 | +16.6% |
| Land and buildings | 22 | €584,776 | €584,776 | = | 0.0% |
| Assets under construction and advance payments | 27 | €98,019 | €211,215 | +€113,196 | +115.5% |
| Current assets | 29/58 | €144,238 | €16,427 | -€127,811 | -88.6% |
| Amounts receivable within one year | 40/41 | €5,273 | €335 | -€4,938 | -93.6% |
| Other amounts receivable | 41 | €5,273 | €335 | -€4,938 | -93.6% |
| Cash at bank and in hand | 54/58 | €138,557 | €15,656 | -€122,901 | -88.7% |
| Deferred charges and accrued income | 490/1 | €408 | €436 | +€28 | +6.9% |
| Total equity and liabilities | 10/49 | €827,033 | €812,419 | -€14,614 | -1.8% |
| Equity | 10/15 | €825,226 | €802,553 | -€22,673 | -2.7% |
| Contributions | 10/11 | €975,600 | €975,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,374 | -€173,047 | -€22,673 | -15.1% |
| Amounts payable | 17/49 | €1,807 | €9,866 | +€8,059 | +446.0% |
| Amounts payable within one year | 42/48 | €1,807 | €9,866 | +€8,059 | +446.0% |
| Trade debts | 44 | €1,807 | €9,313 | +€7,506 | +415.4% |
| Suppliers | 440/4 | €1,807 | €9,313 | +€7,506 | +415.4% |
| Other amounts payable | 47/48 | - | €553 | +€553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,097 | €0 | -€73,097 | -100.0% |
| Other operating charges | 640/8 | €14,541 | €15,579 | +€1,039 | +7.1% |
| Gross operating margin | 9900 | -€63,316 | -€6,733 | +€56,583 | +89.4% |
| Operating profit (loss) | 9901 | -€150,954 | -€22,312 | +€128,642 | +85.2% |
| Financial income | 75/76B | €1,117 | €0 | -€1,117 | -100.0% |
| Recurring financial income | 75 | €1,117 | €0 | -€1,117 | -100.0% |
| Financial charges | 65/66B | €537 | €361 | -€176 | -32.8% |
| Recurring financial charges | 65 | €537 | €361 | -€176 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€150,374 | -€22,673 | +€127,701 | +84.9% |
| Profit (loss) for the period | 9904 | -€150,374 | -€22,673 | +€127,701 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€150,374 | -€22,673 | +€127,701 | +84.9% |
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 5 October 2026 via checked.be.