URNUT: 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.
URNUT
Largest movements
- Receivables within one year +€17,776
up €17,776 (+93.8%), from €18,958 to €36,734
of which Trade receivables: +€21,670
- Cash -€13,049
down €13,049 (-79.2%), from €16,477 to €3,428
mainly Receivables within one year (-€17,776) and Trade debts (-€7,903)
- Tangible fixed assets -€10,433
down €10,433 (-59.6%), from €17,507 to €7,074
- Deferred charges and accrued income -€5,019
down €5,019 (-91.2%), from €5,504 to €485
- Trade debts -€7,903
down €7,903 (-80.3%), from €9,838 to €1,935
- Short-term financial debts -€3,969
down €3,969 (-54.4%), from €7,291 to €3,323
- Tax, wage and social debts +€3,113
up €3,113 (+55.2%), from €5,642 to €8,755
- Accrued charges and deferred income -€2,253
down €2,253 (-100.0%), from €2,253 to €0
- Gross operating margin -€9,214
down €9,214 (-44.6%), from €20,643 to €11,429
- Depreciation -€2,426
down €2,426 (-38.0%), from €6,379 to €3,953
- Taxes -€1,799
down €1,799 (-31.7%), from €5,676 to €3,877
- Other operating charges -€992
down €992 (-72.6%), from €1,367 to €375
- Financial income +€336
up €336, from €0 to €336
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 | €58,446 | €47,720 | -€10,725 | -18.4% |
| Fixed assets | 21/28 | €17,507 | €7,074 | -€10,433 | -59.6% |
| Tangible fixed assets | 22/27 | €17,507 | €7,074 | -€10,433 | -59.6% |
| Furniture and vehicles | 24 | €17,507 | €7,074 | -€10,433 | -59.6% |
| Current assets | 29/58 | €40,939 | €40,646 | -€292 | -0.7% |
| Amounts receivable within one year | 40/41 | €18,958 | €36,734 | +€17,776 | +93.8% |
| Trade receivables | 40 | €12,858 | €34,528 | +€21,670 | +168.5% |
| Other amounts receivable | 41 | €6,100 | €2,206 | -€3,894 | -63.8% |
| Cash at bank and in hand | 54/58 | €16,477 | €3,428 | -€13,049 | -79.2% |
| Deferred charges and accrued income | 490/1 | €5,504 | €485 | -€5,019 | -91.2% |
| Total equity and liabilities | 10/49 | €58,446 | €47,720 | -€10,725 | -18.4% |
| Equity | 10/15 | €33,421 | €33,707 | +€286 | +0.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,921 | €31,207 | +€286 | +0.9% |
| Distributable reserves | 133 | €30,921 | €31,207 | +€286 | +0.9% |
| Amounts payable | 17/49 | €25,025 | €14,013 | -€11,012 | -44.0% |
| Amounts payable within one year | 42/48 | €22,772 | €14,013 | -€8,759 | -38.5% |
| Financial debts | 43 | €7,291 | €3,323 | -€3,969 | -54.4% |
| Credit institutions | 430/8 | €7,291 | €3,323 | -€3,969 | -54.4% |
| Trade debts | 44 | €9,838 | €1,935 | -€7,903 | -80.3% |
| Suppliers | 440/4 | €9,838 | €1,935 | -€7,903 | -80.3% |
| Taxes, remuneration and social security | 45 | €5,642 | €8,755 | +€3,113 | +55.2% |
| Taxes | 450/3 | €5,642 | €8,755 | +€3,113 | +55.2% |
| Accrued charges and deferred income | 492/3 | €2,253 | €0 | -€2,253 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,379 | €3,953 | -€2,426 | -38.0% |
| Other operating charges | 640/8 | €1,367 | €375 | -€992 | -72.6% |
| Non-recurring operating charges | 66A | - | €2,992 | +€2,992 | |
| Gross operating margin | 9900 | €20,643 | €11,429 | -€9,214 | -44.6% |
| Operating profit (loss) | 9901 | €12,896 | €4,109 | -€8,787 | -68.1% |
| Financial income | 75/76B | €0 | €336 | +€336 | |
| Recurring financial income | 75 | €0 | €336 | +€336 | |
| Financial charges | 65/66B | €420 | €282 | -€138 | -32.9% |
| Recurring financial charges | 65 | €420 | €282 | -€138 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €12,476 | €4,163 | -€8,313 | -66.6% |
| Income taxes | 67/77 | €5,676 | €3,877 | -€1,799 | -31.7% |
| Profit (loss) for the period | 9904 | €6,800 | €286 | -€6,513 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,800 | €286 | -€6,513 | -95.8% |
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 10 October 2026 via checked.be.