URGOTEX: 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.
URGOTEX
Largest movements
- Current investments +€49,630
up €49,630 (+11.8%), from €420,291 to €469,921
- Receivables after one year -€45,027
down €45,027 (-100.0%), from €45,027 to €0
- Receivables within one year +€30,695
up €30,695 (+19.3%), from €158,965 to €189,661
- Cash +€12,678
up €12,678 (+2456.2%), from €516 to €13,194
mainly Net result for the year (+€106,965) and Receivables after one year (+€45,027)
- Tangible fixed assets -€12,376
down €12,376 (-12.0%), from €103,531 to €91,155
of which Furniture and vehicles: -€12,376
- Tax, wage and social debts +€25,373
up €25,373 (+40.9%), from €61,978 to €87,351
- Reserves +€14,465
up €14,465 (+2.4%), from €609,526 to €623,991
- Financial income -€22,231
down €22,231 (-65.1%), from €34,150 to €11,919
of which Non-recurring financial income: -€25,952
- Gross operating margin -€19,139
down €19,139 (-11.0%), from €173,316 to €154,176
- Taxes -€8,041
down €8,041 (-15.0%), from €53,753 to €45,712
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 | €810,168 | €845,670 | +€35,503 | +4.4% |
| Fixed assets | 21/28 | €103,531 | €91,155 | -€12,376 | -12.0% |
| Tangible fixed assets | 22/27 | €103,531 | €91,155 | -€12,376 | -12.0% |
| Furniture and vehicles | 24 | €38,221 | €25,845 | -€12,376 | -32.4% |
| Other tangible fixed assets | 26 | €65,310 | €65,310 | = | 0.0% |
| Current assets | 29/58 | €706,637 | €754,516 | +€47,879 | +6.8% |
| Amounts receivable after more than one year | 29 | €45,027 | €0 | -€45,027 | -100.0% |
| Other amounts receivable | 291 | €45,027 | €0 | -€45,027 | -100.0% |
| Amounts receivable within one year | 40/41 | €158,965 | €189,661 | +€30,695 | +19.3% |
| Other amounts receivable | 41 | €158,965 | €189,661 | +€30,695 | +19.3% |
| Current investments | 50/53 | €420,291 | €469,921 | +€49,630 | +11.8% |
| Cash at bank and in hand | 54/58 | €516 | €13,194 | +€12,678 | +2456.2% |
| Deferred charges and accrued income | 490/1 | €81,837 | €81,740 | -€97 | -0.1% |
| Total equity and liabilities | 10/49 | €810,168 | €845,670 | +€35,503 | +4.4% |
| Equity | 10/15 | €743,121 | €757,586 | +€14,465 | +1.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €609,526 | €623,991 | +€14,465 | +2.4% |
| Non-distributable reserves | 130/1 | €609,526 | €623,991 | +€14,465 | +2.4% |
| Reserves not available under the articles | 1311 | €609,526 | €623,991 | +€14,465 | +2.4% |
| Profit (loss) carried forward | 14 | €127,398 | €127,398 | = | 0.0% |
| Amounts payable | 17/49 | €67,046 | €88,084 | +€21,038 | +31.4% |
| Amounts payable within one year | 42/48 | €67,046 | €88,084 | +€21,038 | +31.4% |
| Trade debts | 44 | €5,068 | €733 | -€4,335 | -85.5% |
| Suppliers | 440/4 | €5,068 | €733 | -€4,335 | -85.5% |
| Taxes, remuneration and social security | 45 | €61,978 | €87,351 | +€25,373 | +40.9% |
| Taxes | 450/3 | €61,978 | €87,351 | +€25,373 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,212 | €12,376 | +€165 | +1.3% |
| Other operating charges | 640/8 | €1,058 | €489 | -€569 | -53.8% |
| Gross operating margin | 9900 | €173,316 | €154,176 | -€19,139 | -11.0% |
| Operating profit (loss) | 9901 | €160,046 | €141,311 | -€18,735 | -11.7% |
| Financial income | 75/76B | €34,150 | €11,919 | -€22,231 | -65.1% |
| Recurring financial income | 75 | €8,198 | €11,919 | +€3,722 | +45.4% |
| Non-recurring financial income | 76B | €25,952 | €0 | -€25,952 | -100.0% |
| Financial charges | 65/66B | €541 | €553 | +€13 | +2.3% |
| Recurring financial charges | 65 | €541 | €553 | +€13 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €193,655 | €152,677 | -€40,978 | -21.2% |
| Income taxes | 67/77 | €53,753 | €45,712 | -€8,041 | -15.0% |
| Profit (loss) for the period | 9904 | €139,902 | €106,965 | -€32,937 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €139,902 | €106,965 | -€32,937 | -23.5% |
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 6 October 2026 via checked.be.