URBANTZ: 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
URBANTZ
NACE 58.290, Other software publishing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€477,105
2024 · -€1.1m+€671,517
Equity
€5.7m
2024 · €6.1m-€340,550
Cash
€1.9m
2024 · €1.9m+€42,632
Balance sheet total
€10.7m
2024 · €10.2m+€464,175
Largest movements
Assets
- Receivables within one year +€200,124
up €200,124 (+17.0%), from €1.2m to €1.4m
of which Trade receivables: +€144,101
- Intangible fixed assets +€158,350
up €158,350 (+2.6%), from €6.2m to €6.4m
Equity and liabilities
- Profit (loss) carried forward -€477,105
down €477,105 (-12.7%), from -€3.7m to -€4.2m
- Accrued charges and deferred income +€411,659
up €411,659 (+33.2%), from €1.2m to €1.7m
- Debts after one year +€259,772
up €259,772 (+13.0%), from €2.0m to €2.3m
of which Financial debts: +€259,397
- Investment grants +€136,555
new in 2025: €136,555
- Current portion of long-term debt +€107,270
up €107,270 (+22.4%), from €479,167 to €586,437
Income statement
- Gross operating margin +€796,034
up €796,034 (+35.9%), from €2.2m to €3.0m
- Depreciation +€415,288
up €415,288 (+21.1%), from €2.0m to €2.4m
- Staff costs -€353,469
down €353,469 (-27.2%), from €1.3m to €947,193
- Financial charges +€61,802
up €61,802 (+48.9%), from €126,385 to €188,187
- Taxes -€45,826
down €45,826 (-56.1%), from -€81,685 to -€127,510
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
-€1.1m
Gross operating margin
+€796,034
Staff costs
+€353,469
Depreciation
-€415,288
Write-downs
+€24,091
Other operating charges
+€296
Other operating items
-€98,290
Financial income
+€27,181
Financial charges
-€61,802
Taxes
+€45,826
Result 2025
-€477,105
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.
From operations
+€2.1m
Investment
-€2.5m
Financing
+€503,597
Cash 2024
€1.9m
From operations (derived)
+€2.1m
Net result for the year
-€477,105
Depreciation
+€2.4m
Receivables within one year
-€200,124
Deferred charges and accrued income
-€63,736
Trade debts
+€95,809
Tax, wage and social debts
-€69,785
Accrued charges and deferred income
+€411,659
Investment (derived)
-€2.5m
Investment in fixed assets (net)
-€2.5m
Financing
+€503,597
Debts after one year
+€259,772
Current portion of long-term debt
+€107,270
Contributions, distributions and other
+€136,555
Cash 2025
€1.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,203,857 | €10,668,032 | +€464,175 | +4.5% |
| Fixed assets | 21/28 | €6,534,368 | €6,692,051 | +€157,683 | +2.4% |
| Intangible fixed assets | 21 | €6,204,151 | €6,362,502 | +€158,350 | +2.6% |
| Tangible fixed assets | 22/27 | €149,195 | €121,686 | -€27,508 | -18.4% |
| Furniture and vehicles | 24 | €13,686 | €13,670 | -€16 | -0.1% |
| Other tangible fixed assets | 26 | €135,508 | €108,016 | -€27,492 | -20.3% |
| Financial fixed assets | 28 | €181,022 | €207,863 | +€26,841 | +14.8% |
| Current assets | 29/58 | €3,669,489 | €3,975,981 | +€306,492 | +8.4% |
| Amounts receivable within one year | 40/41 | €1,175,873 | €1,375,997 | +€200,124 | +17.0% |
| Trade receivables | 40 | €1,122,460 | €1,266,562 | +€144,101 | +12.8% |
| Other amounts receivable | 41 | €53,413 | €109,436 | +€56,022 | +104.9% |
| Cash at bank and in hand | 54/58 | €1,875,537 | €1,918,170 | +€42,632 | +2.3% |
| Deferred charges and accrued income | 490/1 | €618,079 | €681,815 | +€63,736 | +10.3% |
| Total equity and liabilities | 10/49 | €10,203,857 | €10,668,032 | +€464,175 | +4.5% |
| Equity | 10/15 | €6,088,594 | €5,748,045 | -€340,550 | -5.6% |
| Contributions | 10/11 | €9,832,487 | €9,832,487 | = | 0.0% |
| Capital | 10 | €9,832,487 | €9,832,487 | = | 0.0% |
| Issued capital | 100 | €9,832,487 | €9,832,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,743,893 | -€4,220,997 | -€477,105 | -12.7% |
| Investment grants | 15 | - | €136,555 | +€136,555 | |
| Amounts payable | 17/49 | €4,115,263 | €4,919,988 | +€804,725 | +19.6% |
| Amounts payable after more than one year | 17 | €1,998,318 | €2,258,090 | +€259,772 | +13.0% |
| Financial debts | 170/4 | €1,995,833 | €2,255,230 | +€259,397 | +13.0% |
| Other amounts payable | 178/9 | €2,485 | €2,860 | +€375 | +15.1% |
| Amounts payable within one year | 42/48 | €878,460 | €1,011,753 | +€133,294 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €479,167 | €586,437 | +€107,270 | +22.4% |
| Trade debts | 44 | €190,998 | €286,806 | +€95,809 | +50.2% |
| Suppliers | 440/4 | €190,998 | €286,806 | +€95,809 | +50.2% |
| Taxes, remuneration and social security | 45 | €208,295 | €138,510 | -€69,785 | -33.5% |
| Taxes | 450/3 | €52,024 | €28,730 | -€23,294 | -44.8% |
| Remuneration and social security | 454/9 | €156,271 | €109,780 | -€46,491 | -29.8% |
| Accrued charges and deferred income | 492/3 | €1,238,485 | €1,650,144 | +€411,659 | +33.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,300,662 | €947,193 | -€353,469 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,967,397 | €2,382,684 | +€415,288 | +21.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,141 | €1,050 | -€24,091 | -95.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €25,271 | €24,975 | -€296 | -1.2% |
| Non-recurring operating charges | 66A | €799 | €99,088 | +€98,290 | +12304.7% |
| Gross operating margin | 9900 | €2,215,030 | €3,011,063 | +€796,034 | +35.9% |
| Operating profit (loss) | 9901 | -€1,104,240 | -€443,928 | +€660,312 | +59.8% |
| Financial income | 75/76B | €319 | €27,500 | +€27,181 | +8514.0% |
| Recurring financial income | 75 | €319 | €27,500 | +€27,181 | +8514.0% |
| Financial charges | 65/66B | €126,385 | €188,187 | +€61,802 | +48.9% |
| Recurring financial charges | 65 | €126,385 | €188,187 | +€61,802 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,230,306 | -€604,615 | +€625,691 | +50.9% |
| Income taxes | 67/77 | -€81,685 | -€127,510 | -€45,826 | -56.1% |
| Profit (loss) for the period | 9904 | -€1,148,621 | -€477,105 | +€671,517 | +58.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,148,621 | -€477,105 | +€671,517 | +58.5% |
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 11 October 2026 via checked.be.