URBS: 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.
URBS
Largest movements
- Current investments +€35,164
up €35,164 (+109.0%), from €32,270 to €67,434
- Tangible fixed assets -€29,648
down €29,648 (-13.2%), from €225,446 to €195,798
- Cash -€10,996
down €10,996 (-70.6%), from €15,567 to €4,571
mainly Current investments (-€35,164) and Net result for the year (-€4,125)
- Profit (loss) carried forward -€4,125
down €4,125 (-10.9%), from -€37,921 to -€42,046
- Gross operating margin +€12,673
up €12,673 (+66.3%), from €19,104 to €31,777
- Depreciation +€1,212
up €1,212 (+4.3%), from €28,437 to €29,648
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 | €276,518 | €269,814 | -€6,704 | -2.4% |
| Fixed assets | 21/28 | €225,446 | €195,798 | -€29,648 | -13.2% |
| Tangible fixed assets | 22/27 | €225,446 | €195,798 | -€29,648 | -13.2% |
| Land and buildings | 22 | €225,446 | €195,798 | -€29,648 | -13.2% |
| Current assets | 29/58 | €51,072 | €74,016 | +€22,944 | +44.9% |
| Amounts receivable within one year | 40/41 | €2,754 | €2,011 | -€742 | -27.0% |
| Trade receivables | 40 | €2,754 | €1,941 | -€813 | -29.5% |
| Other amounts receivable | 41 | - | €70 | +€70 | |
| Current investments | 50/53 | €32,270 | €67,434 | +€35,164 | +109.0% |
| Cash at bank and in hand | 54/58 | €15,567 | €4,571 | -€10,996 | -70.6% |
| Deferred charges and accrued income | 490/1 | €482 | - | -€482 | |
| Total equity and liabilities | 10/49 | €276,518 | €269,814 | -€6,704 | -2.4% |
| Equity | 10/15 | €173,529 | €169,404 | -€4,125 | -2.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €149,450 | €149,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €143,250 | €143,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,921 | -€42,046 | -€4,125 | -10.9% |
| Amounts payable | 17/49 | €102,989 | €100,410 | -€2,579 | -2.5% |
| Amounts payable within one year | 42/48 | €100,253 | €100,410 | +€157 | +0.2% |
| Trade debts | 44 | €252 | €252 | = | 0.0% |
| Suppliers | 440/4 | €252 | €252 | = | 0.0% |
| Advances received on contracts in progress | 46 | €900 | - | -€900 | |
| Other amounts payable | 47/48 | €99,101 | €100,158 | +€1,057 | +1.1% |
| Accrued charges and deferred income | 492/3 | €2,736 | - | -€2,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,437 | €29,648 | +€1,212 | +4.3% |
| Other operating charges | 640/8 | €6,205 | €6,443 | +€238 | +3.8% |
| Gross operating margin | 9900 | €19,104 | €31,777 | +€12,673 | +66.3% |
| Operating profit (loss) | 9901 | -€15,538 | -€4,315 | +€11,224 | +72.2% |
| Financial income | 75/76B | €93 | €234 | +€142 | +153.0% |
| Recurring financial income | 75 | €93 | €234 | +€142 | +153.0% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,491 | -€4,125 | +€11,365 | +73.4% |
| Profit (loss) for the period | 9904 | -€15,491 | -€4,125 | +€11,365 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,491 | -€4,125 | +€11,365 | +73.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.