UREGON: 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.
UREGON
Largest movements
- Cash -€25,189
down €25,189 (-77.4%), from €32,528 to €7,339
mainly Net result for the year (-€50,579) and Other debts (-€24,545)
- Tangible fixed assets -€19,023
down €19,023 (-45.2%), from €42,112 to €23,089
of which Plant, machinery and equipment: -€11,935
- Intangible fixed assets -€6,571
down €6,571 (-21.1%), from €31,214 to €24,643
- Deferred charges and accrued income -€1,869
down €1,869 (-55.3%), from €3,381 to €1,511
- Stocks and contracts +€1,351
up €1,351 (+15.6%), from €8,649 to €10,000
- Profit (loss) carried forward -€50,579
down €50,579 (-139%), from -€36,387 to -€86,966
- Tax, wage and social debts +€29,152
up €29,152 (+160%), from €18,271 to €47,423
of which Taxes: +€26,851
- Other debts -€24,545
down €24,545 (-38.3%), from €64,098 to €39,552
- Trade debts -€2,547
down €2,547 (-8.6%), from €29,745 to €27,198
- Accrued charges and deferred income -€1,946
no longer reported in 2023 (was €1,946)
- Staff costs +€27,037
up €27,037 (+18.1%), from €149,288 to €176,325
- Gross operating margin +€8,849
up €8,849 (+6.6%), from €134,594 to €143,443
- Financial income +€3,555
up €3,555 (+367%), from €968 to €4,523
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,989 | €67,524 | -€50,465 | -42.8% |
| Fixed assets | 21/28 | €73,326 | €47,731 | -€25,595 | -34.9% |
| Intangible fixed assets | 21 | €31,214 | €24,643 | -€6,571 | -21.1% |
| Tangible fixed assets | 22/27 | €42,112 | €23,089 | -€19,023 | -45.2% |
| Plant, machinery and equipment | 23 | €33,983 | €22,048 | -€11,935 | -35.1% |
| Furniture and vehicles | 24 | €8,129 | €1,041 | -€7,088 | -87.2% |
| Current assets | 29/58 | €44,663 | €19,793 | -€24,870 | -55.7% |
| Stocks and contracts in progress | 3 | €8,649 | €10,000 | +€1,351 | +15.6% |
| Stocks | 30/36 | €8,649 | €10,000 | +€1,351 | +15.6% |
| Amounts receivable within one year | 40/41 | €105 | €942 | +€837 | +800% |
| Trade receivables | 40 | €105 | - | -€105 | |
| Other amounts receivable | 41 | - | €942 | +€942 | |
| Cash at bank and in hand | 54/58 | €32,528 | €7,339 | -€25,189 | -77.4% |
| Deferred charges and accrued income | 490/1 | €3,381 | €1,511 | -€1,869 | -55.3% |
| Total equity and liabilities | 10/49 | €117,989 | €67,524 | -€50,465 | -42.8% |
| Equity | 10/15 | €3,930 | -€46,649 | -€50,579 | |
| Contributions | 10/11 | €5,125 | €5,125 | = | 0.0% |
| Reserves | 13 | €35,192 | €35,192 | = | 0.0% |
| Distributable reserves | 133 | €35,192 | €35,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,387 | -€86,966 | -€50,579 | -139% |
| Amounts payable | 17/49 | €114,059 | €114,173 | +€114 | +0.1% |
| Amounts payable within one year | 42/48 | €112,113 | €114,173 | +€2,060 | +1.8% |
| Trade debts | 44 | €29,745 | €27,198 | -€2,547 | -8.6% |
| Suppliers | 440/4 | €29,745 | €27,198 | -€2,547 | -8.6% |
| Taxes, remuneration and social security | 45 | €18,271 | €47,423 | +€29,152 | +160% |
| Taxes | 450/3 | €5,064 | €31,915 | +€26,851 | +530% |
| Remuneration and social security | 454/9 | €13,207 | €15,508 | +€2,302 | +17.4% |
| Other amounts payable | 47/48 | €64,098 | €39,552 | -€24,545 | -38.3% |
| Accrued charges and deferred income | 492/3 | €1,946 | - | -€1,946 | |
| Remuneration, social security and pensions | 62 | €149,288 | €176,325 | +€27,037 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,879 | €18,899 | +€19 | +0.1% |
| Other operating charges | 640/8 | €505 | €109 | -€396 | -78.4% |
| Non-recurring operating charges | 66A | - | €396 | +€396 | |
| Gross operating margin | 9900 | €134,594 | €143,443 | +€8,849 | +6.6% |
| Operating profit (loss) | 9901 | -€34,078 | -€52,285 | -€18,207 | -53.4% |
| Financial income | 75/76B | €968 | €4,523 | +€3,555 | +367% |
| Recurring financial income | 75 | €968 | €4,523 | +€3,555 | +367% |
| Financial charges | 65/66B | €3,277 | €2,817 | -€461 | -14.1% |
| Recurring financial charges | 65 | €3,277 | €2,817 | -€461 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€36,387 | -€50,579 | -€14,192 | -39.0% |
| Profit (loss) for the period | 9904 | -€36,387 | -€50,579 | -€14,192 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,387 | -€50,579 | -€14,192 | -39.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.