Urga: 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.
Urga
Largest movements
- Cash +€34,229
up €34,229 (+66.5%), from €51,500 to €85,730
mainly Tax, wage and social debts (+€15,825) and Depreciation (+€14,668)
- Tangible fixed assets -€11,968
down €11,968 (-15.8%), from €75,683 to €63,715
of which Land and buildings: -€11,489
- Receivables within one year -€5,643
down €5,643 (-37.4%), from €15,091 to €9,448
of which Trade receivables: -€7,528
- Current investments -€2,268
down €2,268 (-100.0%), from €2,268 to €0
- Tax, wage and social debts +€15,825
up €15,825 (+159.5%), from €9,924 to €25,749
of which Taxes: +€12,797
- Profit (loss) carried forward +€11,797
up €11,797 (+87.7%), from -€13,455 to -€1,657
- Debts after one year -€8,956
down €8,956 (-10.4%), from €85,975 to €77,019
- Reserves -€5,825
down €5,825 (-22.4%), from €26,001 to €20,176
of which Distributable reserves: -€5,825
- Other debts +€5,825
new in 2024: €5,825
- Gross operating margin +€30,522
up €30,522 (+415.1%), from €7,352 to €37,874
- Taxes +€2,623
up €2,623 (+1056.5%), from €248 to €2,871
- Financial charges +€1,909
up €1,909 (+52.8%), from €3,613 to €5,522
- Other operating charges +€415
up €415 (+14.2%), from €2,926 to €3,340
- Depreciation -€379
down €379 (-2.5%), from €15,048 to €14,668
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,542 | €158,893 | +€14,351 | +9.9% |
| Fixed assets | 21/28 | €75,683 | €63,715 | -€11,968 | -15.8% |
| Tangible fixed assets | 22/27 | €75,683 | €63,715 | -€11,968 | -15.8% |
| Land and buildings | 22 | €61,356 | €49,867 | -€11,489 | -18.7% |
| Plant, machinery and equipment | 23 | €1,339 | €2,642 | +€1,303 | +97.3% |
| Furniture and vehicles | 24 | €2,834 | €2,592 | -€242 | -8.6% |
| Other tangible fixed assets | 26 | €10,154 | €8,615 | -€1,539 | -15.2% |
| Current assets | 29/58 | €68,859 | €95,178 | +€26,318 | +38.2% |
| Amounts receivable within one year | 40/41 | €15,091 | €9,448 | -€5,643 | -37.4% |
| Trade receivables | 40 | €11,059 | €3,531 | -€7,528 | -68.1% |
| Other amounts receivable | 41 | €4,032 | €5,917 | +€1,885 | +46.8% |
| Current investments | 50/53 | €2,268 | €0 | -€2,268 | -100.0% |
| Cash at bank and in hand | 54/58 | €51,500 | €85,730 | +€34,229 | +66.5% |
| Total equity and liabilities | 10/49 | €144,542 | €158,893 | +€14,351 | +9.9% |
| Equity | 10/15 | €31,146 | €37,119 | +€5,973 | +19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,001 | €20,176 | -€5,825 | -22.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €26,001 | €20,176 | -€5,825 | -22.4% |
| Profit (loss) carried forward | 14 | -€13,455 | -€1,657 | +€11,797 | +87.7% |
| Amounts payable | 17/49 | €113,396 | €121,774 | +€8,378 | +7.4% |
| Amounts payable after more than one year | 17 | €85,975 | €77,019 | -€8,956 | -10.4% |
| Financial debts | 170/4 | €85,975 | €77,019 | -€8,956 | -10.4% |
| Amounts payable within one year | 42/48 | €21,941 | €43,555 | +€21,614 | +98.5% |
| Current portion of amounts payable after more than one year | 42 | €8,652 | €8,956 | +€304 | +3.5% |
| Trade debts | 44 | €3,365 | €3,026 | -€340 | -10.1% |
| Suppliers | 440/4 | €3,365 | €3,026 | -€340 | -10.1% |
| Taxes, remuneration and social security | 45 | €9,924 | €25,749 | +€15,825 | +159.5% |
| Taxes | 450/3 | €6,246 | €19,043 | +€12,797 | +204.9% |
| Remuneration and social security | 454/9 | €3,679 | €6,706 | +€3,027 | +82.3% |
| Other amounts payable | 47/48 | - | €5,825 | +€5,825 | |
| Accrued charges and deferred income | 492/3 | €5,480 | €1,200 | -€4,280 | -78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,048 | €14,668 | -€379 | -2.5% |
| Other operating charges | 640/8 | €2,926 | €3,340 | +€415 | +14.2% |
| Gross operating margin | 9900 | €7,352 | €37,874 | +€30,522 | +415.1% |
| Operating profit (loss) | 9901 | -€10,622 | €19,865 | +€30,487 | |
| Financial income | 75/76B | €344 | €326 | -€18 | -5.3% |
| Recurring financial income | 75 | €344 | €326 | -€18 | -5.3% |
| Financial charges | 65/66B | €3,613 | €5,522 | +€1,909 | +52.8% |
| Recurring financial charges | 65 | €3,613 | €5,522 | +€1,909 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,890 | €14,669 | +€28,559 | |
| Income taxes | 67/77 | €248 | €2,871 | +€2,623 | +1056.5% |
| Profit (loss) for the period | 9904 | -€14,139 | €11,797 | +€25,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,139 | €11,797 | +€25,936 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.