Ursiactus: 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.
Ursiactus
Largest movements
- Receivables within one year +€7,872
up €7,872 (+26.6%), from €29,610 to €37,482
of which Other amounts receivable: +€8,589
- Cash +€2,470
up €2,470 (+3.4%), from €72,504 to €74,974
mainly Net result for the year (+€15,003) and Depreciation (+€2,578)
- Tangible fixed assets -€1,823
down €1,823 (-21.0%), from €8,691 to €6,868
- Reserves +€15,003
up €15,003 (+15.4%), from €97,136 to €112,139
- Tax, wage and social debts -€4,945
down €4,945 (-40.0%), from €12,360 to €7,415
of which Taxes: -€2,645
- Trade debts -€1,289
down €1,289 (-53.0%), from €2,432 to €1,143
- Gross operating margin -€46,346
down €46,346 (-66.1%), from €70,099 to €23,753
- Taxes -€9,589
down €9,589 (-66.3%), from €14,468 to €4,879
- Depreciation +€1,148
up €1,148 (+80.2%), from €1,430 to €2,578
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 | €114,162 | €122,697 | +€8,535 | +7.5% |
| Fixed assets | 21/28 | €8,691 | €6,868 | -€1,823 | -21.0% |
| Tangible fixed assets | 22/27 | €8,691 | €6,868 | -€1,823 | -21.0% |
| Plant, machinery and equipment | 23 | €8,691 | €6,868 | -€1,823 | -21.0% |
| Current assets | 29/58 | €105,470 | €115,829 | +€10,359 | +9.8% |
| Amounts receivable within one year | 40/41 | €29,610 | €37,482 | +€7,872 | +26.6% |
| Trade receivables | 40 | €28,078 | €27,361 | -€717 | -2.6% |
| Other amounts receivable | 41 | €1,532 | €10,121 | +€8,589 | +561% |
| Cash at bank and in hand | 54/58 | €72,504 | €74,974 | +€2,470 | +3.4% |
| Deferred charges and accrued income | 490/1 | €3,356 | €3,373 | +€17 | +0.5% |
| Total equity and liabilities | 10/49 | €114,162 | €122,697 | +€8,535 | +7.5% |
| Equity | 10/15 | €99,136 | €114,139 | +€15,003 | +15.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €97,136 | €112,139 | +€15,003 | +15.4% |
| Distributable reserves | 133 | €97,136 | €112,139 | +€15,003 | +15.4% |
| Amounts payable | 17/49 | €15,026 | €8,558 | -€6,468 | -43.0% |
| Amounts payable within one year | 42/48 | €15,026 | €8,558 | -€6,468 | -43.0% |
| Trade debts | 44 | €2,432 | €1,143 | -€1,289 | -53.0% |
| Suppliers | 440/4 | €2,432 | €1,143 | -€1,289 | -53.0% |
| Taxes, remuneration and social security | 45 | €12,360 | €7,415 | -€4,945 | -40.0% |
| Taxes | 450/3 | €10,060 | €7,415 | -€2,645 | -26.3% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €234 | - | -€234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,430 | €2,578 | +€1,148 | +80.2% |
| Other operating charges | 640/8 | €643 | €733 | +€90 | +13.9% |
| Gross operating margin | 9900 | €70,099 | €23,753 | -€46,346 | -66.1% |
| Operating profit (loss) | 9901 | €68,025 | €20,442 | -€47,583 | -69.9% |
| Financial charges | 65/66B | €40 | €559 | +€520 | +1,309% |
| Recurring financial charges | 65 | €40 | €559 | +€520 | +1,309% |
| Profit (loss) for the period before taxes | 9903 | €67,985 | €19,882 | -€48,103 | -70.8% |
| Income taxes | 67/77 | €14,468 | €4,879 | -€9,589 | -66.3% |
| Profit (loss) for the period | 9904 | €53,517 | €15,003 | -€38,514 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,517 | €15,003 | -€38,514 | -72.0% |
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 18 October 2026 via checked.be.