Uro KaVanEe: 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.
Uro KaVanEe
Largest movements
- Tangible fixed assets +€139,440
up €139,440 (+272%), from €51,332 to €190,771
of which Assets under construction and advance payments: +€143,584
- Cash -€130,470
down €130,470 (-49.5%), from €263,652 to €133,181
mainly Contributions, distributions and other (-€276,756) and Investment in fixed assets (net) (-€143,584)
- Current investments +€57,839
up €57,839 (+11.7%), from €493,914 to €551,753
- Other debts +€139,092
up €139,092 (+21,886%), from €636 to €139,728
- Reserves -€93,868
down €93,868 (-10.2%), from €922,923 to €829,056
- Financial income +€3,685
up €3,685 (+59.5%), from €6,189 to €9,874
- Gross operating margin +€3,503
up €3,503 (+1.4%), from €258,382 to €261,885
- Financial charges +€2,720
up €2,720 (+262%), from €1,040 to €3,760
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.
Derived cash bridge
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 | €977,957 | €1,034,695 | +€56,738 | +5.8% |
| Fixed assets | 21/28 | €51,332 | €190,771 | +€139,440 | +272% |
| Tangible fixed assets | 22/27 | €51,332 | €190,771 | +€139,440 | +272% |
| Plant, machinery and equipment | 23 | €2,179 | €1,370 | -€809 | -37.1% |
| Other tangible fixed assets | 26 | €49,153 | €45,817 | -€3,336 | -6.8% |
| Assets under construction and advance payments | 27 | - | €143,584 | +€143,584 | |
| Current assets | 29/58 | €926,625 | €843,924 | -€82,701 | -8.9% |
| Amounts receivable within one year | 40/41 | €5,200 | €5,200 | = | 0.0% |
| Other amounts receivable | 41 | €5,200 | €5,200 | = | 0.0% |
| Current investments | 50/53 | €493,914 | €551,753 | +€57,839 | +11.7% |
| Cash at bank and in hand | 54/58 | €263,652 | €133,181 | -€130,470 | -49.5% |
| Deferred charges and accrued income | 490/1 | €163,860 | €153,790 | -€10,070 | -6.1% |
| Total equity and liabilities | 10/49 | €977,957 | €1,034,695 | +€56,738 | +5.8% |
| Equity | 10/15 | €935,323 | €841,456 | -€93,868 | -10.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €922,923 | €829,056 | -€93,868 | -10.2% |
| Distributable reserves | 133 | €922,923 | €829,056 | -€93,868 | -10.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,634 | €193,240 | +€150,606 | +353% |
| Amounts payable within one year | 42/48 | €42,634 | €193,240 | +€150,606 | +353% |
| Financial debts | 43 | €15,196 | €15,254 | +€59 | +0.4% |
| Credit institutions | 430/8 | €15,196 | €15,254 | +€59 | +0.4% |
| Trade debts | 44 | €2,000 | €4,526 | +€2,526 | +126% |
| Suppliers | 440/4 | €2,000 | €4,526 | +€2,526 | +126% |
| Taxes, remuneration and social security | 45 | €24,803 | €33,731 | +€8,929 | +36.0% |
| Taxes | 450/3 | €24,803 | €33,731 | +€8,929 | +36.0% |
| Other amounts payable | 47/48 | €636 | €139,728 | +€139,092 | +21,886% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,770 | €4,144 | +€375 | +9.9% |
| Other operating charges | 640/8 | €828 | €544 | -€284 | -34.3% |
| Gross operating margin | 9900 | €258,382 | €261,885 | +€3,503 | +1.4% |
| Operating profit (loss) | 9901 | €253,785 | €257,197 | +€3,412 | +1.3% |
| Financial income | 75/76B | €6,189 | €9,874 | +€3,685 | +59.5% |
| Recurring financial income | 75 | €6,189 | €9,874 | +€3,685 | +59.5% |
| Financial charges | 65/66B | €1,040 | €3,760 | +€2,720 | +262% |
| Recurring financial charges | 65 | €1,040 | €3,760 | +€2,720 | +262% |
| Profit (loss) for the period before taxes | 9903 | €258,934 | €263,311 | +€4,377 | +1.7% |
| Income taxes | 67/77 | €78,409 | €80,422 | +€2,014 | +2.6% |
| Profit (loss) for the period | 9904 | €180,525 | €182,888 | +€2,363 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €180,525 | €182,888 | +€2,363 | +1.3% |
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 31 October 2026 via checked.be.