URGYNO: 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.
URGYNO
Largest movements
- Cash +€55,284
up €55,284 (+90.7%), from €60,959 to €116,243
mainly Depreciation (+€41,997) and Net result for the year (+€31,043)
- Tangible fixed assets -€41,102
down €41,102 (-25.1%), from €163,443 to €122,342
of which Furniture and vehicles: -€40,881
- Deferred charges and accrued income -€16,454
down €16,454 (-19.4%), from €84,753 to €68,299
- Receivables within one year -€9,216
down €9,216 (-94.5%), from €9,753 to €536
of which Other amounts receivable: -€9,753
- Debts after one year -€13,646
down €13,646 (-24.5%), from €55,627 to €41,982
- Other debts -€9,025
down €9,025 (-23.0%), from €39,270 to €30,245
- Trade debts +€6,476
up €6,476 (+175.0%), from €3,701 to €10,176
- Gross operating margin +€36,463
up €36,463 (+71.4%), from €51,063 to €87,526
- Depreciation +€24,992
up €24,992 (+147.0%), from €17,004 to €41,997
- Taxes +€2,273
up €2,273 (+23.6%), from €9,619 to €11,892
- Financial charges +€1,429
up €1,429 (+276.6%), from €516 to €1,945
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 | €318,989 | €307,501 | -€11,488 | -3.6% |
| Fixed assets | 21/28 | €163,525 | €122,423 | -€41,102 | -25.1% |
| Tangible fixed assets | 22/27 | €163,443 | €122,342 | -€41,102 | -25.1% |
| Plant, machinery and equipment | 23 | €220 | €0 | -€220 | -100.0% |
| Furniture and vehicles | 24 | €163,223 | €122,342 | -€40,881 | -25.0% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €155,464 | €185,078 | +€29,614 | +19.0% |
| Amounts receivable within one year | 40/41 | €9,753 | €536 | -€9,216 | -94.5% |
| Trade receivables | 40 | €0 | €536 | +€536 | |
| Other amounts receivable | 41 | €9,753 | €0 | -€9,753 | -100.0% |
| Cash at bank and in hand | 54/58 | €60,959 | €116,243 | +€55,284 | +90.7% |
| Deferred charges and accrued income | 490/1 | €84,753 | €68,299 | -€16,454 | -19.4% |
| Total equity and liabilities | 10/49 | €318,989 | €307,501 | -€11,488 | -3.6% |
| Equity | 10/15 | €198,412 | €202,456 | +€4,043 | +2.0% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €110,500 | €113,500 | +€3,000 | +2.7% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €106,000 | €109,000 | +€3,000 | +2.8% |
| Profit (loss) carried forward | 14 | €42,912 | €43,956 | +€1,043 | +2.4% |
| Amounts payable | 17/49 | €120,577 | €105,045 | -€15,531 | -12.9% |
| Amounts payable after more than one year | 17 | €55,627 | €41,982 | -€13,646 | -24.5% |
| Financial debts | 170/4 | €55,627 | €41,982 | -€13,646 | -24.5% |
| Amounts payable within one year | 42/48 | €64,949 | €63,063 | -€1,886 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €13,280 | €13,646 | +€366 | +2.8% |
| Trade debts | 44 | €3,701 | €10,176 | +€6,476 | +175.0% |
| Suppliers | 440/4 | €3,701 | €10,176 | +€6,476 | +175.0% |
| Taxes, remuneration and social security | 45 | €8,699 | €8,997 | +€298 | +3.4% |
| Taxes | 450/3 | €5,599 | €5,897 | +€298 | +5.3% |
| Remuneration and social security | 454/9 | €3,100 | €3,100 | = | 0.0% |
| Other amounts payable | 47/48 | €39,270 | €30,245 | -€9,025 | -23.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,004 | €41,997 | +€24,992 | +147.0% |
| Other operating charges | 640/8 | €527 | €649 | +€122 | +23.1% |
| Gross operating margin | 9900 | €51,063 | €87,526 | +€36,463 | +71.4% |
| Operating profit (loss) | 9901 | €33,532 | €44,880 | +€11,349 | +33.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +266.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +266.7% |
| Financial charges | 65/66B | €516 | €1,945 | +€1,429 | +276.6% |
| Recurring financial charges | 65 | €516 | €1,945 | +€1,429 | +276.6% |
| Profit (loss) for the period before taxes | 9903 | €33,015 | €42,935 | +€9,920 | +30.0% |
| Income taxes | 67/77 | €9,619 | €11,892 | +€2,273 | +23.6% |
| Profit (loss) for the period | 9904 | €23,396 | €31,043 | +€7,647 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,396 | €31,043 | +€7,647 | +32.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.