URBINO SERVICES: 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.
URBINO SERVICES
Largest movements
- Tangible fixed assets -€178,807
down €178,807 (-3.8%), from €4.8m to €4.6m
of which Land and buildings: -€132,797
- Cash -€106,141
down €106,141 (-71.2%), from €149,004 to €42,864
mainly Net result for the year (-€154,636) and Other debts (-€98,639)
- Profit (loss) carried forward -€154,636
down €154,636, from €32,735 to -€121,901
- Other debts -€98,639
down €98,639 (-2.1%), from €4.7m to €4.7m
- Debts after one year -€53,047
down €53,047 (-15.4%), from €344,726 to €291,679
- Financial income -€873,024
no longer reported in 2025 (was €873,024)
- Other operating charges -€671,993
down €671,993 (-99.4%), from €676,066 to €4,073
- Financial charges -€38,064
down €38,064 (-72.3%), from €52,682 to €14,618
- Gross operating margin -€17,949
down €17,949 (-15.8%), from €113,412 to €95,462
- Depreciation +€8,164
up €8,164 (+3.7%), from €223,243 to €231,407
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,207,640 | €4,901,084 | -€306,556 | -5.9% |
| Fixed assets | 21/28 | €4,765,277 | €4,586,470 | -€178,807 | -3.8% |
| Tangible fixed assets | 22/27 | €4,765,277 | €4,586,470 | -€178,807 | -3.8% |
| Land and buildings | 22 | €4,117,407 | €3,984,610 | -€132,797 | -3.2% |
| Plant, machinery and equipment | 23 | €288,737 | €265,524 | -€23,213 | -8.0% |
| Furniture and vehicles | 24 | €1,021 | €1,617 | +€596 | +58.4% |
| Other tangible fixed assets | 26 | €358,112 | €334,719 | -€23,393 | -6.5% |
| Current assets | 29/58 | €442,363 | €314,614 | -€127,749 | -28.9% |
| Amounts receivable within one year | 40/41 | €293,256 | €271,751 | -€21,505 | -7.3% |
| Trade receivables | 40 | €26,288 | €11,554 | -€14,734 | -56.0% |
| Other amounts receivable | 41 | €266,968 | €260,197 | -€6,771 | -2.5% |
| Cash at bank and in hand | 54/58 | €149,004 | €42,864 | -€106,141 | -71.2% |
| Deferred charges and accrued income | 490/1 | €103 | - | -€103 | |
| Total equity and liabilities | 10/49 | €5,207,640 | €4,901,084 | -€306,556 | -5.9% |
| Equity | 10/15 | €42,735 | -€111,901 | -€154,636 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,735 | -€121,901 | -€154,636 | |
| Amounts payable | 17/49 | €5,164,905 | €5,012,985 | -€151,920 | -2.9% |
| Amounts payable after more than one year | 17 | €344,726 | €291,679 | -€53,047 | -15.4% |
| Financial debts | 170/4 | €344,726 | €291,679 | -€53,047 | -15.4% |
| Amounts payable within one year | 42/48 | €4,820,180 | €4,721,306 | -€98,873 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €51,102 | €53,047 | +€1,945 | +3.8% |
| Trade debts | 44 | €19,102 | €11,641 | -€7,462 | -39.1% |
| Suppliers | 440/4 | €19,102 | €11,641 | -€7,462 | -39.1% |
| Taxes, remuneration and social security | 45 | - | €5,282 | +€5,282 | |
| Taxes | 450/3 | - | €5,282 | +€5,282 | |
| Other amounts payable | 47/48 | €4,749,976 | €4,651,337 | -€98,639 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223,243 | €231,407 | +€8,164 | +3.7% |
| Other operating charges | 640/8 | €676,066 | €4,073 | -€671,993 | -99.4% |
| Gross operating margin | 9900 | €113,412 | €95,462 | -€17,949 | -15.8% |
| Operating profit (loss) | 9901 | -€785,897 | -€140,018 | +€645,879 | +82.2% |
| Financial income | 75/76B | €873,024 | - | -€873,024 | |
| Recurring financial income | 75 | €873,024 | - | -€873,024 | |
| Financial charges | 65/66B | €52,682 | €14,618 | -€38,064 | -72.3% |
| Recurring financial charges | 65 | €52,682 | €14,618 | -€38,064 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | €34,445 | -€154,636 | -€189,081 | |
| Income taxes | 67/77 | €1,710 | - | -€1,710 | |
| Profit (loss) for the period | 9904 | €32,735 | -€154,636 | -€187,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,735 | -€154,636 | -€187,371 |
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 31 October 2026 via checked.be.