UrbTech: 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.
UrbTech
Largest movements
- Deferred charges and accrued income -€3,907
down €3,907 (-12.4%), from €31,513 to €27,606
- Cash -€2,964
down €2,964 (-17.2%), from €17,249 to €14,286
mainly Net result for the year (-€16,014) and Investment in fixed assets (net) (-€9,807)
- Receivables within one year -€2,397
down €2,397 (-23.3%), from €10,293 to €7,896
- Tangible fixed assets -€960
down €960 (-7.8%), from €12,383 to €11,423
of which Furniture and vehicles: -€862
- Profit (loss) carried forward -€16,014
down €16,014 (-45.3%), from €35,385 to €19,371
- Trade debts +€3,483
up €3,483 (+122.5%), from €2,844 to €6,327
- Other debts +€1,341
up €1,341 (+2431.5%), from €55 to €1,397
- Tax, wage and social debts +€959
up €959 (+5.7%), from €16,832 to €17,790
of which Taxes: +€2,861
- Gross operating margin -€16,134
down €16,134, from €12,524 to -€3,609
- Depreciation -€2,042
down €2,042 (-15.9%), from €12,809 to €10,767
- Other operating charges +€437
up €437 (+51.7%), from €845 to €1,282
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 | €74,938 | €64,710 | -€10,228 | -13.6% |
| Fixed assets | 21/28 | €12,383 | €11,423 | -€960 | -7.8% |
| Tangible fixed assets | 22/27 | €12,383 | €11,423 | -€960 | -7.8% |
| Plant, machinery and equipment | 23 | €269 | €171 | -€98 | -36.5% |
| Furniture and vehicles | 24 | €12,114 | €11,252 | -€862 | -7.1% |
| Current assets | 29/58 | €62,555 | €53,287 | -€9,268 | -14.8% |
| Amounts receivable within one year | 40/41 | €10,293 | €7,896 | -€2,397 | -23.3% |
| Trade receivables | 40 | €10,293 | €7,896 | -€2,397 | -23.3% |
| Current investments | 50/53 | €3,500 | €3,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,249 | €14,286 | -€2,964 | -17.2% |
| Deferred charges and accrued income | 490/1 | €31,513 | €27,606 | -€3,907 | -12.4% |
| Total equity and liabilities | 10/49 | €74,938 | €64,710 | -€10,228 | -13.6% |
| Equity | 10/15 | €55,207 | €39,193 | -€16,014 | -29.0% |
| Contributions | 10/11 | €6,212 | €6,212 | = | 0.0% |
| Reserves | 13 | €13,610 | €13,610 | = | 0.0% |
| Distributable reserves | 133 | €13,610 | €13,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,385 | €19,371 | -€16,014 | -45.3% |
| Amounts payable | 17/49 | €19,731 | €25,517 | +€5,786 | +29.3% |
| Amounts payable within one year | 42/48 | €19,731 | €25,514 | +€5,783 | +29.3% |
| Trade debts | 44 | €2,844 | €6,327 | +€3,483 | +122.5% |
| Suppliers | 440/4 | €2,844 | €6,327 | +€3,483 | +122.5% |
| Taxes, remuneration and social security | 45 | €16,832 | €17,790 | +€959 | +5.7% |
| Taxes | 450/3 | €12,459 | €15,320 | +€2,861 | +23.0% |
| Remuneration and social security | 454/9 | €4,373 | €2,470 | -€1,903 | -43.5% |
| Other amounts payable | 47/48 | €55 | €1,397 | +€1,341 | +2431.5% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,809 | €10,767 | -€2,042 | -15.9% |
| Other operating charges | 640/8 | €845 | €1,282 | +€437 | +51.7% |
| Non-recurring operating charges | 66A | €5,397 | - | -€5,397 | |
| Gross operating margin | 9900 | €12,524 | -€3,609 | -€16,134 | |
| Operating profit (loss) | 9901 | -€6,527 | -€15,659 | -€9,132 | -139.9% |
| Financial income | 75/76B | €1 | €1 | +€0 | +17.5% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +17.5% |
| Financial charges | 65/66B | €122 | €74 | -€48 | -39.4% |
| Recurring financial charges | 65 | €122 | €74 | -€48 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,648 | -€15,732 | -€9,084 | -136.6% |
| Income taxes | 67/77 | €280 | €282 | +€2 | +0.7% |
| Profit (loss) for the period | 9904 | -€6,928 | -€16,014 | -€9,086 | -131.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,928 | -€16,014 | -€9,086 | -131.1% |
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 11 October 2026 via checked.be.