URBICO: 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.
URBICO
Largest movements
- Receivables after one year -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Cash +€61,182
up €61,182 (+34.9%), from €175,477 to €236,659
mainly Receivables after one year (+€120,000) and Net result for the year (+€92,331)
- Tangible fixed assets -€42,544
down €42,544 (-7.1%), from €599,195 to €556,651
of which Land and buildings: -€30,932
- Receivables within one year +€16,809
up €16,809 (+189.0%), from €8,894 to €25,703
of which Other amounts receivable: +€16,809
- Other debts -€59,921
down €59,921 (-16.1%), from €373,197 to €313,276
- Debts after one year -€38,709
down €38,709 (-8.5%), from €454,993 to €416,284
- Tax, wage and social debts +€12,856
up €12,856 (+102.7%), from €12,518 to €25,374
- Gross operating margin -€44,702
down €44,702 (-20.4%), from €219,165 to €174,464
- Taxes -€15,688
down €15,688 (-38.6%), from €40,689 to €25,001
- Depreciation +€11,899
up €11,899 (+38.8%), from €30,646 to €42,544
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 | €903,866 | €822,425 | -€81,441 | -9.0% |
| Fixed assets | 21/28 | €599,495 | €556,951 | -€42,544 | -7.1% |
| Tangible fixed assets | 22/27 | €599,195 | €556,651 | -€42,544 | -7.1% |
| Land and buildings | 22 | €541,893 | €510,961 | -€30,932 | -5.7% |
| Furniture and vehicles | 24 | €57,302 | €45,690 | -€11,612 | -20.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €304,370 | €265,474 | -€38,896 | -12.8% |
| Amounts receivable after more than one year | 29 | €120,000 | €0 | -€120,000 | -100.0% |
| Other amounts receivable | 291 | €120,000 | €0 | -€120,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €8,894 | €25,703 | +€16,809 | +189.0% |
| Trade receivables | 40 | €8,894 | €8,894 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €16,809 | +€16,809 | |
| Cash at bank and in hand | 54/58 | €175,477 | €236,659 | +€61,182 | +34.9% |
| Deferred charges and accrued income | 490/1 | €0 | €3,112 | +€3,112 | |
| Total equity and liabilities | 10/49 | €903,866 | €822,425 | -€81,441 | -9.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €883,406 | €801,965 | -€81,441 | -9.2% |
| Amounts payable after more than one year | 17 | €454,993 | €416,284 | -€38,709 | -8.5% |
| Financial debts | 170/4 | €454,993 | €416,284 | -€38,709 | -8.5% |
| Amounts payable within one year | 42/48 | €427,865 | €385,168 | -€42,697 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €40,257 | €41,081 | +€823 | +2.0% |
| Trade debts | 44 | €1,894 | €5,438 | +€3,544 | +187.2% |
| Suppliers | 440/4 | €1,894 | €5,438 | +€3,544 | +187.2% |
| Taxes, remuneration and social security | 45 | €12,518 | €25,374 | +€12,856 | +102.7% |
| Taxes | 450/3 | €12,518 | €25,374 | +€12,856 | +102.7% |
| Other amounts payable | 47/48 | €373,197 | €313,276 | -€59,921 | -16.1% |
| Accrued charges and deferred income | 492/3 | €547 | €513 | -€34 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,646 | €42,544 | +€11,899 | +38.8% |
| Other operating charges | 640/8 | €7,072 | €6,519 | -€553 | -7.8% |
| Non-recurring operating charges | 66A | - | €5,020 | +€5,020 | |
| Gross operating margin | 9900 | €219,165 | €174,464 | -€44,702 | -20.4% |
| Operating profit (loss) | 9901 | €181,448 | €120,381 | -€61,067 | -33.7% |
| Financial income | 75/76B | €3,600 | €5,232 | +€1,632 | +45.3% |
| Recurring financial income | 75 | €3,600 | €3,422 | -€178 | -4.9% |
| Non-recurring financial income | 76B | - | €1,810 | +€1,810 | |
| Financial charges | 65/66B | €8,199 | €8,281 | +€83 | +1.0% |
| Recurring financial charges | 65 | €8,199 | €8,281 | +€83 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €176,849 | €117,332 | -€59,517 | -33.7% |
| Income taxes | 67/77 | €40,689 | €25,001 | -€15,688 | -38.6% |
| Profit (loss) for the period | 9904 | €136,161 | €92,331 | -€43,829 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €136,161 | €92,331 | -€43,829 | -32.2% |
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 2 October 2026 via checked.be.