URBIGENA: 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.
URBIGENA
Largest movements
- Tangible fixed assets -€49,680
down €49,680 (-17.8%), from €279,180 to €229,500
of which Plant, machinery and equipment: -€36,163
- Stocks and contracts +€23,746
up €23,746 (+6.0%), from €395,467 to €419,213
- Receivables within one year +€19,381
up €19,381 (+6.5%), from €298,401 to €317,782
of which Other amounts receivable: +€17,504
- Trade debts +€32,389
up €32,389 (+16.8%), from €192,686 to €225,074
- Current portion of long-term debt -€24,303
down €24,303 (-54.8%), from €44,373 to €20,070
- Debts after one year -€20,070
down €20,070 (-18.9%), from €106,442 to €86,372
- Profit (loss) carried forward +€14,272
up €14,272 (+8.3%), from -€171,304 to -€157,032
- Depreciation -€10,404
down €10,404 (-15.4%), from €67,543 to €57,139
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,020,893 | €1,016,882 | -€4,011 | -0.4% |
| Fixed assets | 21/28 | €279,360 | €229,680 | -€49,680 | -17.8% |
| Tangible fixed assets | 22/27 | €279,180 | €229,500 | -€49,680 | -17.8% |
| Plant, machinery and equipment | 23 | €216,808 | €180,644 | -€36,163 | -16.7% |
| Furniture and vehicles | 24 | €14,583 | €10,941 | -€3,642 | -25.0% |
| Other tangible fixed assets | 26 | €47,790 | €37,915 | -€9,874 | -20.7% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €741,534 | €787,202 | +€45,668 | +6.2% |
| Stocks and contracts in progress | 3 | €395,467 | €419,213 | +€23,746 | +6.0% |
| Stocks | 30/36 | €395,467 | €419,213 | +€23,746 | +6.0% |
| Amounts receivable within one year | 40/41 | €298,401 | €317,782 | +€19,381 | +6.5% |
| Trade receivables | 40 | €28,744 | €30,620 | +€1,877 | +6.5% |
| Other amounts receivable | 41 | €269,658 | €287,162 | +€17,504 | +6.5% |
| Cash at bank and in hand | 54/58 | €40,523 | €39,478 | -€1,045 | -2.6% |
| Deferred charges and accrued income | 490/1 | €7,143 | €10,729 | +€3,586 | +50.2% |
| Total equity and liabilities | 10/49 | €1,020,893 | €1,016,882 | -€4,011 | -0.4% |
| Equity | 10/15 | €328,696 | €342,968 | +€14,272 | +4.3% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,304 | -€157,032 | +€14,272 | +8.3% |
| Amounts payable | 17/49 | €692,197 | €673,914 | -€18,283 | -2.6% |
| Amounts payable after more than one year | 17 | €106,442 | €86,372 | -€20,070 | -18.9% |
| Financial debts | 170/4 | €106,442 | €86,372 | -€20,070 | -18.9% |
| Amounts payable within one year | 42/48 | €584,838 | €586,912 | +€2,075 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €44,373 | €20,070 | -€24,303 | -54.8% |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €192,686 | €225,074 | +€32,389 | +16.8% |
| Suppliers | 440/4 | €192,686 | €225,074 | +€32,389 | +16.8% |
| Taxes, remuneration and social security | 45 | €47,779 | €41,768 | -€6,011 | -12.6% |
| Taxes | 450/3 | €1,369 | €806 | -€562 | -41.1% |
| Remuneration and social security | 454/9 | €46,410 | €40,961 | -€5,449 | -11.7% |
| Accrued charges and deferred income | 492/3 | €917 | €630 | -€287 | -31.3% |
| Remuneration, social security and pensions | 62 | €286,853 | €290,062 | +€3,208 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,543 | €57,139 | -€10,404 | -15.4% |
| Other operating charges | 640/8 | €1,400 | €1,084 | -€316 | -22.6% |
| Gross operating margin | 9900 | €368,463 | €366,720 | -€1,743 | -0.5% |
| Operating profit (loss) | 9901 | €12,667 | €18,436 | +€5,770 | +45.5% |
| Financial income | 75/76B | €14,300 | €13,249 | -€1,051 | -7.4% |
| Recurring financial income | 75 | €14,300 | €13,249 | -€1,051 | -7.4% |
| Financial charges | 65/66B | €19,726 | €17,414 | -€2,312 | -11.7% |
| Recurring financial charges | 65 | €19,726 | €17,414 | -€2,312 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €7,241 | €14,272 | +€7,031 | +97.1% |
| Profit (loss) for the period | 9904 | €7,241 | €14,272 | +€7,031 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,241 | €14,272 | +€7,031 | +97.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.