URBANTECH: 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.
URBANTECH
Largest movements
- Receivables within one year +€591,660
up €591,660 (+32.8%), from €1.8m to €2.4m
of which Trade receivables: +€557,132
- Receivables after one year +€148,000
up €148,000 (+101.4%), from €145,990 to €293,990
of which Other amounts receivable: +€148,000
- Cash -€129,881
down €129,881 (-69.1%), from €188,002 to €58,121
mainly Receivables within one year (-€591,660) and Receivables after one year (-€148,000)
- Trade debts +€790,497
up €790,497 (+100.2%), from €789,133 to €1.6m
- Profit (loss) carried forward -€87,496
down €87,496 (-10.1%), from €865,249 to €777,753
- Tax, wage and social debts -€74,959
down €74,959 (-15.9%), from €471,914 to €396,955
of which Remuneration and social security: -€68,331
- Gross operating margin -€167,823
down €167,823 (-13.1%), from €1.3m to €1.1m
- Staff costs +€73,048
up €73,048 (+6.6%), from €1.1m to €1.2m
- Taxes -€61,545
down €61,545, from €61,279 to -€266
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,160,527 | €2,780,899 | +€620,372 | +28.7% |
| Fixed assets | 21/28 | €11,032 | €30,910 | +€19,878 | +180.2% |
| Tangible fixed assets | 22/27 | €7,121 | €26,999 | +€19,878 | +279.1% |
| Plant, machinery and equipment | 23 | €780 | €324 | -€456 | -58.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Other tangible fixed assets | 26 | €6,341 | €6,965 | +€623 | +9.8% |
| Assets under construction and advance payments | 27 | - | €19,710 | +€19,710 | |
| Financial fixed assets | 28 | €3,911 | €3,911 | = | 0.0% |
| Current assets | 29/58 | €2,149,495 | €2,749,990 | +€600,494 | +27.9% |
| Amounts receivable after more than one year | 29 | €145,990 | €293,990 | +€148,000 | +101.4% |
| Trade receivables | 290 | €25,990 | €25,990 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €268,000 | +€148,000 | +123.3% |
| Amounts receivable within one year | 40/41 | €1,806,218 | €2,397,878 | +€591,660 | +32.8% |
| Trade receivables | 40 | €1,588,512 | €2,145,644 | +€557,132 | +35.1% |
| Other amounts receivable | 41 | €217,706 | €252,235 | +€34,529 | +15.9% |
| Current investments | 50/53 | €9,285 | - | -€9,285 | |
| Cash at bank and in hand | 54/58 | €188,002 | €58,121 | -€129,881 | -69.1% |
| Total equity and liabilities | 10/49 | €2,160,527 | €2,780,899 | +€620,372 | +28.7% |
| Equity | 10/15 | €891,809 | €804,313 | -€87,496 | -9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,360 | €20,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €865,249 | €777,753 | -€87,496 | -10.1% |
| Amounts payable | 17/49 | €1,268,718 | €1,976,586 | +€707,868 | +55.8% |
| Amounts payable within one year | 42/48 | €1,268,718 | €1,976,586 | +€707,868 | +55.8% |
| Trade debts | 44 | €789,133 | €1,579,631 | +€790,497 | +100.2% |
| Suppliers | 440/4 | €789,133 | €1,579,631 | +€790,497 | +100.2% |
| Taxes, remuneration and social security | 45 | €471,914 | €396,955 | -€74,959 | -15.9% |
| Taxes | 450/3 | €217,470 | €210,842 | -€6,628 | -3.0% |
| Remuneration and social security | 454/9 | €254,444 | €186,114 | -€68,331 | -26.9% |
| Other amounts payable | 47/48 | €7,671 | - | -€7,671 | |
| Remuneration, social security and pensions | 62 | €1,104,587 | €1,177,635 | +€73,048 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,833 | €4,833 | = | 0.0% |
| Other operating charges | 640/8 | €3,181 | €4,077 | +€896 | +28.2% |
| Gross operating margin | 9900 | €1,279,230 | €1,111,408 | -€167,823 | -13.1% |
| Operating profit (loss) | 9901 | €166,630 | -€75,137 | -€241,767 | |
| Financial income | 75/76B | €4 | €40 | +€36 | +867.4% |
| Recurring financial income | 75 | €4 | €40 | +€36 | +867.4% |
| Financial charges | 65/66B | €1,413 | €12,664 | +€11,252 | +796.5% |
| Recurring financial charges | 65 | €1,413 | €12,664 | +€11,252 | +796.5% |
| Profit (loss) for the period before taxes | 9903 | €165,222 | -€87,761 | -€252,983 | |
| Income taxes | 67/77 | €61,279 | -€266 | -€61,545 | |
| Profit (loss) for the period | 9904 | €103,943 | -€87,496 | -€191,438 | |
| Profit (loss) for the period to be appropriated | 9905 | €103,943 | -€87,496 | -€191,438 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.