Urbanize studio: 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.
What changed
Urbanize studio
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,648
2024 · €21,035-€19,387
Equity
€16,658
2024 · €15,009+€1,648
Cash
€31,750
2024 · €45,290-€13,540
Balance sheet total
€34,652
2024 · €52,700-€18,047
Largest movements
Assets
- Cash -€13,540
down €13,540 (-29.9%), from €45,290 to €31,750
mainly Other debts (-€13,147) and Tax, wage and social debts (-€4,061)
- Receivables within one year -€4,078
down €4,078 (-100%), from €4,078 to €0
of which Trade receivables: -€4,078
Equity and liabilities
- Other debts -€13,147
down €13,147 (-44.7%), from €29,382 to €16,235
- Tax, wage and social debts -€4,061
down €4,061 (-75.1%), from €5,410 to €1,349
of which Taxes: -€4,061
- Accrued charges and deferred income -€1,940
down €1,940 (-100%), from €1,940 to €0
- Reserves +€1,648
up €1,648 (+18.7%), from €8,809 to €10,458
of which Distributable reserves: +€1,648
- Trade debts -€548
down €548 (-57.2%), from €958 to €411
of which Suppliers: -€548
Income statement
- Gross operating margin -€21,610
down €21,610 (-81.3%), from €26,571 to €4,960
- Taxes -€1,255
down €1,255 (-54.6%), from €2,299 to €1,044
- Financial charges -€1,204
down €1,204 (-51.4%), from €2,343 to €1,139
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.
Result 2024
€21,035
Gross operating margin
-€21,610
Staff costs
-€217
Other operating charges
-€16
Financial income
-€2
Financial charges
+€1,204
Taxes
+€1,255
Result 2025
€1,648
raises the resultlowers the result
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.
From operations
-€13,543
Investment
+€3
Financing
€0
Cash 2024
€45,290
From operations (derived)
-€13,543
Net result for the year
+€1,648
Depreciation
+€368
Receivables within one year
+€4,078
Deferred charges and accrued income
+€58
Trade debts
-€548
Tax, wage and social debts
-€4,061
Other debts
-€13,147
Accrued charges and deferred income
-€1,940
Investment (derived)
+€3
Investment in fixed assets (net)
+€3
Cash 2025
€31,750
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,700 | €34,652 | -€18,047 | -34.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,475 | €1,104 | -€371 | -25.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,472 | €1,104 | -€368 | -25.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,472 | €1,104 | -€368 | -25.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €3 | €0 | -€3 | -100% |
| Current assets | 29/58 | €51,224 | €33,548 | -€17,676 | -34.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €1,798 | €1,798 | = | 0.0% |
| Stocks | 30/36 | €1,798 | €1,798 | = | 0.0% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,078 | €0 | -€4,078 | -100% |
| Trade receivables | 40 | €4,078 | €0 | -€4,078 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €45,290 | €31,750 | -€13,540 | -29.9% |
| Deferred charges and accrued income | 490/1 | €58 | €0 | -€58 | -100% |
| Total equity and liabilities | 10/49 | €52,700 | €34,652 | -€18,047 | -34.2% |
| Equity | 10/15 | €15,009 | €16,658 | +€1,648 | +11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €8,809 | €10,458 | +€1,648 | +18.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €8,809 | €10,458 | +€1,648 | +18.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €37,690 | €17,995 | -€19,696 | -52.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,750 | €17,995 | -€17,756 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €958 | €411 | -€548 | -57.2% |
| Suppliers | 440/4 | €958 | €411 | -€548 | -57.2% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,410 | €1,349 | -€4,061 | -75.1% |
| Taxes | 450/3 | €5,410 | €1,349 | -€4,061 | -75.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €29,382 | €16,235 | -€13,147 | -44.7% |
| Accrued charges and deferred income | 492/3 | €1,940 | €0 | -€1,940 | -100% |
| Remuneration, social security and pensions | 62 | - | €217 | +€217 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368 | €368 | = | 0.0% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €26,571 | €4,960 | -€21,610 | -81.3% |
| Operating profit (loss) | 9901 | €25,675 | €3,831 | -€21,844 | -85.1% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.2% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.2% |
| Financial charges | 65/66B | €2,343 | €1,139 | -€1,204 | -51.4% |
| Recurring financial charges | 65 | €2,343 | €1,139 | -€1,204 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €23,334 | €2,692 | -€20,642 | -88.5% |
| Income taxes | 67/77 | €2,299 | €1,044 | -€1,255 | -54.6% |
| Profit (loss) for the period | 9904 | €21,035 | €1,648 | -€19,387 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,035 | €1,648 | -€19,387 | -92.2% |
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 17 October 2026 via checked.be.