URBANIZE: 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.
URBANIZE
Largest movements
- Financial fixed assets -€50,000
down €50,000 (-55.9%), from €89,521 to €39,521
- Receivables within one year -€4,094
down €4,094 (-56.6%), from €7,230 to €3,136
of which Other amounts receivable: -€4,262
- Tangible fixed assets -€4,056
down €4,056 (-48.7%), from €8,324 to €4,267
of which Leasing and similar rights: -€4,056
- Other debts -€248,621
down €248,621 (-82.5%), from €301,330 to €52,709
- Profit (loss) carried forward +€204,884
up €204,884 (+68.7%), from -€298,366 to -€93,482
- Debts after one year -€14,078
down €14,078 (-19.7%), from €71,528 to €57,451
- Financial income +€262,542
up €262,542 (+3,388%), from €7,748 to €270,290
- Financial charges +€15,147
up €15,147 (+1,070%), from €1,416 to €16,563
of which Non-recurring financial charges: +€15,298
- Gross operating margin +€1,113
up €1,113 (+2.5%), from -€44,801 to -€43,688
- Other operating charges +€580
up €580 (+86.8%), from €668 to €1,248
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 | €108,535 | €50,175 | -€58,360 | -53.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €97,845 | €43,789 | -€54,056 | -55.2% |
| Tangible fixed assets | 22/27 | €8,324 | €4,267 | -€4,056 | -48.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €8,324 | €4,267 | -€4,056 | -48.7% |
| Financial fixed assets | 28 | €89,521 | €39,521 | -€50,000 | -55.9% |
| Current assets | 29/58 | €10,690 | €6,386 | -€4,304 | -40.3% |
| Amounts receivable within one year | 40/41 | €7,230 | €3,136 | -€4,094 | -56.6% |
| Trade receivables | 40 | €1,936 | €2,104 | +€168 | +8.7% |
| Other amounts receivable | 41 | €5,294 | €1,031 | -€4,262 | -80.5% |
| Cash at bank and in hand | 54/58 | - | €642 | +€642 | |
| Deferred charges and accrued income | 490/1 | €3,460 | €2,608 | -€851 | -24.6% |
| Total equity and liabilities | 10/49 | €108,535 | €50,175 | -€58,360 | -53.8% |
| Equity | 10/15 | -€279,816 | -€74,932 | +€204,884 | +73.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€298,366 | -€93,482 | +€204,884 | +68.7% |
| Amounts payable | 17/49 | €388,350 | €125,107 | -€263,244 | -67.8% |
| Amounts payable after more than one year | 17 | €71,528 | €57,451 | -€14,078 | -19.7% |
| Financial debts | 170/4 | €71,528 | €57,451 | -€14,078 | -19.7% |
| Amounts payable within one year | 42/48 | €316,822 | €67,656 | -€249,166 | -78.6% |
| Current portion of amounts payable after more than one year | 42 | €13,090 | €13,235 | +€145 | +1.1% |
| Trade debts | 44 | €2,115 | €1,573 | -€542 | -25.6% |
| Suppliers | 440/4 | €2,115 | €1,573 | -€542 | -25.6% |
| Taxes, remuneration and social security | 45 | €287 | €139 | -€148 | -51.7% |
| Taxes | 450/3 | €287 | €139 | -€148 | -51.7% |
| Other amounts payable | 47/48 | €301,330 | €52,709 | -€248,621 | -82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,056 | €4,056 | = | 0.0% |
| Other operating charges | 640/8 | €668 | €1,248 | +€580 | +86.8% |
| Gross operating margin | 9900 | -€44,801 | -€43,688 | +€1,113 | +2.5% |
| Operating profit (loss) | 9901 | -€49,525 | -€48,992 | +€532 | +1.1% |
| Financial income | 75/76B | €7,748 | €270,290 | +€262,542 | +3,388% |
| Recurring financial income | 75 | €7,748 | €270,290 | +€262,542 | +3,388% |
| Financial charges | 65/66B | €1,416 | €16,563 | +€15,147 | +1,070% |
| Recurring financial charges | 65 | €1,416 | €1,265 | -€151 | -10.6% |
| Non-recurring financial charges | 66B | - | €15,298 | +€15,298 | |
| Profit (loss) for the period before taxes | 9903 | -€43,192 | €204,735 | +€247,927 | |
| Income taxes | 67/77 | €145 | -€149 | -€294 | |
| Profit (loss) for the period | 9904 | -€43,337 | €204,884 | +€248,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,337 | €204,884 | +€248,221 |
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 25 October 2026 via checked.be.