URPA: 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.
URPA
Largest movements
- Cash -€84,283
down €84,283 (-29.5%), from €285,390 to €201,107
mainly Net result for the year (-€90,617) and Receivables within one year (-€17,328)
- Tangible fixed assets -€23,211
down €23,211 (-9.5%), from €243,935 to €220,723
of which Land and buildings: -€18,097
- Receivables within one year +€17,328
up €17,328 (+106%), from €16,270 to €33,598
of which Trade receivables: +€33,489
- Reserves -€90,617
down €90,617 (-18.6%), from €487,758 to €397,141
of which Distributable reserves: -€90,617
- Gross operating margin -€434,066
down €434,066, from €402,945 to -€31,121
- Taxes -€38,005
no longer reported in 2025 (was €38,005)
- Other operating charges +€24,945
up €24,945 (+87.8%), from €28,415 to €53,360
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 | €549,992 | €459,825 | -€90,167 | -16.4% |
| Fixed assets | 21/28 | €248,332 | €225,121 | -€23,211 | -9.3% |
| Tangible fixed assets | 22/27 | €243,935 | €220,723 | -€23,211 | -9.5% |
| Land and buildings | 22 | €204,445 | €186,347 | -€18,097 | -8.9% |
| Furniture and vehicles | 24 | €39,490 | €34,376 | -€5,114 | -13.0% |
| Financial fixed assets | 28 | €4,398 | €4,398 | = | 0.0% |
| Current assets | 29/58 | €301,660 | €234,704 | -€66,955 | -22.2% |
| Amounts receivable within one year | 40/41 | €16,270 | €33,598 | +€17,328 | +106% |
| Trade receivables | 40 | - | €33,489 | +€33,489 | |
| Other amounts receivable | 41 | €16,270 | €109 | -€16,161 | -99.3% |
| Cash at bank and in hand | 54/58 | €285,390 | €201,107 | -€84,283 | -29.5% |
| Total equity and liabilities | 10/49 | €549,992 | €459,825 | -€90,167 | -16.4% |
| Equity | 10/15 | €549,258 | €458,641 | -€90,617 | -16.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €487,758 | €397,141 | -€90,617 | -18.6% |
| Non-distributable reserves | 130/1 | €55,776 | €55,776 | = | 0.0% |
| Legal reserve | 130 | €55,776 | €55,776 | = | 0.0% |
| Distributable reserves | 133 | €431,982 | €341,365 | -€90,617 | -21.0% |
| Amounts payable | 17/49 | €734 | €1,184 | +€450 | +61.2% |
| Amounts payable within one year | 42/48 | €734 | €1,184 | +€450 | +61.2% |
| Trade debts | 44 | €734 | €1,184 | +€450 | +61.2% |
| Suppliers | 440/4 | €734 | €1,184 | +€450 | +61.2% |
| Non-recurring operating income | 76A | €469,265 | €17,593 | -€451,672 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,309 | €5,804 | -€505 | -8.0% |
| Other operating charges | 640/8 | €28,415 | €53,360 | +€24,945 | +87.8% |
| Gross operating margin | 9900 | €402,945 | -€31,121 | -€434,066 | |
| Operating profit (loss) | 9901 | €368,221 | -€90,286 | -€458,507 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €164 | €332 | +€168 | +103% |
| Recurring financial charges | 65 | €164 | €332 | +€168 | +103% |
| Profit (loss) for the period before taxes | 9903 | €368,057 | -€90,617 | -€458,674 | |
| Income taxes | 67/77 | €38,005 | - | -€38,005 | |
| Profit (loss) for the period | 9904 | €330,052 | -€90,617 | -€420,669 | |
| Profit (loss) for the period to be appropriated | 9905 | €330,052 | -€90,617 | -€420,669 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.