Urbike: 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
Urbike
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€197,372
2024 · -€65,491-€131,881
Equity
-€3,694
2024 · €191,928-€195,622
Cash
€267,760
2024 · €266,026+€1,733
Balance sheet total
€804,266
2024 · €1.1m-€270,610
Largest movements
Assets
- Receivables within one year -€181,709
down €181,709 (-29.9%), from €607,487 to €425,778
of which Other amounts receivable: -€178,085
- Tangible fixed assets -€78,617
down €78,617 (-64.8%), from €121,315 to €42,698
of which Furniture and vehicles: -€77,821
Equity and liabilities
- Profit (loss) carried forward -€197,372
down €197,372 (-17.7%), from -€1.1m to -€1.3m
- Short-term financial debts +€150,000
new in 2025: €150,000
- Other debts -€81,944
down €81,944 (-74.1%), from €110,585 to €28,641
- Accrued charges and deferred income -€65,052
no longer reported in 2025 (was €65,052)
- Debts after one year -€46,302
down €46,302 (-14.6%), from €316,908 to €270,606
Income statement
- Gross operating margin -€205,851
down €205,851 (-26.0%), from €790,894 to €585,043
- Staff costs -€54,308
down €54,308 (-7.5%), from €719,440 to €665,132
- Depreciation -€35,450
down €35,450 (-32.1%), from €110,289 to €74,839
- Write-downs -€10,905
down €10,905, from €7,315 to -€3,589
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
-€65,491
Gross operating margin
-€205,851
Staff costs
+€54,308
Depreciation
+€35,450
Write-downs
+€10,905
Other operating charges
+€2,474
Other operating items
-€33,200
Financial income
+€4,550
Financial charges
-€139
Taxes
-€379
Result 2025
-€197,372
raises the resultlowers the resultnot broken down further in the accounts
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
-€115,171
Investment
+€10,589
Financing
+€106,315
Cash 2024
€266,026
From operations (derived)
-€115,171
Net result for the year
-€197,372
Depreciation
+€74,839
Stocks and contracts
+€5,320
Receivables within one year
+€181,709
Deferred charges and accrued income
-€114
Trade debts
+€8,166
Tax, wage and social debts
-€40,723
Other debts
-€81,944
Accrued charges and deferred income
-€65,052
Investment (derived)
+€10,589
Investment in fixed assets (net)
+€10,589
Financing
+€106,315
Debts after one year
-€46,302
Current portion of long-term debt
+€867
Short-term financial debts
+€150,000
Contributions, distributions and other
+€1,750
Cash 2025
€267,760
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,074,876 | €804,266 | -€270,610 | -25.2% |
| Formation expenses | 20 | €465 | €118 | -€347 | -74.6% |
| Fixed assets | 21/28 | €157,910 | €72,829 | -€85,081 | -53.9% |
| Intangible fixed assets | 21 | €18,067 | €9,449 | -€8,618 | -47.7% |
| Tangible fixed assets | 22/27 | €121,315 | €42,698 | -€78,617 | -64.8% |
| Furniture and vehicles | 24 | €116,151 | €38,330 | -€77,821 | -67.0% |
| Other tangible fixed assets | 26 | €5,164 | €4,368 | -€796 | -15.4% |
| Financial fixed assets | 28 | €18,528 | €20,682 | +€2,154 | +11.6% |
| Current assets | 29/58 | €916,500 | €731,318 | -€185,182 | -20.2% |
| Stocks and contracts in progress | 3 | €10,719 | €5,399 | -€5,320 | -49.6% |
| Stocks | 30/36 | €10,719 | €5,399 | -€5,320 | -49.6% |
| Amounts receivable within one year | 40/41 | €607,487 | €425,778 | -€181,709 | -29.9% |
| Trade receivables | 40 | €251,600 | €247,976 | -€3,624 | -1.4% |
| Other amounts receivable | 41 | €355,887 | €177,802 | -€178,085 | -50.0% |
| Cash at bank and in hand | 54/58 | €266,026 | €267,760 | +€1,733 | +0.7% |
| Deferred charges and accrued income | 490/1 | €32,268 | €32,382 | +€114 | +0.4% |
| Total equity and liabilities | 10/49 | €1,074,876 | €804,266 | -€270,610 | -25.2% |
| Equity | 10/15 | €191,928 | -€3,694 | -€195,622 | |
| Contributions | 10/11 | €1,309,350 | €1,311,100 | +€1,750 | +0.1% |
| Profit (loss) carried forward | 14 | -€1,117,422 | -€1,314,794 | -€197,372 | -17.7% |
| Amounts payable | 17/49 | €882,948 | €807,960 | -€74,988 | -8.5% |
| Amounts payable after more than one year | 17 | €316,908 | €270,606 | -€46,302 | -14.6% |
| Financial debts | 170/4 | €316,908 | €270,606 | -€46,302 | -14.6% |
| Amounts payable within one year | 42/48 | €500,988 | €537,354 | +€36,366 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €46,310 | €47,177 | +€867 | +1.9% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €181,603 | €189,769 | +€8,166 | +4.5% |
| Suppliers | 440/4 | €181,603 | €189,769 | +€8,166 | +4.5% |
| Taxes, remuneration and social security | 45 | €162,490 | €121,767 | -€40,723 | -25.1% |
| Taxes | 450/3 | €35,788 | €37,774 | +€1,986 | +5.5% |
| Remuneration and social security | 454/9 | €126,702 | €83,992 | -€42,709 | -33.7% |
| Other amounts payable | 47/48 | €110,585 | €28,641 | -€81,944 | -74.1% |
| Accrued charges and deferred income | 492/3 | €65,052 | - | -€65,052 | |
| Non-recurring operating income | 76A | €500 | €6,315 | +€5,815 | +1,163% |
| Remuneration, social security and pensions | 62 | €719,440 | €665,132 | -€54,308 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,289 | €74,839 | -€35,450 | -32.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,315 | -€3,589 | -€10,905 | |
| Other operating charges | 640/8 | €6,018 | €3,544 | -€2,474 | -41.1% |
| Non-recurring operating charges | 66A | - | €33,200 | +€33,200 | |
| Gross operating margin | 9900 | €790,894 | €585,043 | -€205,851 | -26.0% |
| Operating profit (loss) | 9901 | -€52,168 | -€188,082 | -€135,914 | -261% |
| Financial income | 75/76B | €252 | €4,802 | +€4,550 | +1,809% |
| Recurring financial income | 75 | €252 | €4,802 | +€4,550 | +1,809% |
| Financial charges | 65/66B | €13,574 | €13,713 | +€139 | +1.0% |
| Recurring financial charges | 65 | €13,574 | €13,713 | +€139 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€65,491 | -€196,993 | -€131,502 | -201% |
| Income taxes | 67/77 | - | €379 | +€379 | |
| Profit (loss) for the period | 9904 | -€65,491 | -€197,372 | -€131,881 | -201% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,491 | -€197,372 | -€131,881 | -201% |
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 23 October 2026 via checked.be.