URSUS: 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.
URSUS
Largest movements
- Tangible fixed assets -€9,111
down €9,111 (-9.7%), from €93,819 to €84,708
- Receivables within one year +€6,480
up €6,480 (+17.1%), from €37,842 to €44,322
- Profit (loss) carried forward -€4,493
down €4,493 (-2.6%), from -€171,778 to -€176,271
- Other debts +€1,750
up €1,750 (+2.2%), from €79,575 to €81,325
- Gross operating margin -€786
down €786 (-16.8%), from €4,691 to €3,904
- Financial income +€116
up €116 (+5.5%), from €2,110 to €2,226
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 | €132,381 | €129,638 | -€2,743 | -2.1% |
| Fixed assets | 21/28 | €93,819 | €84,708 | -€9,111 | -9.7% |
| Tangible fixed assets | 22/27 | €93,819 | €84,708 | -€9,111 | -9.7% |
| Land and buildings | 22 | €93,819 | €84,708 | -€9,111 | -9.7% |
| Current assets | 29/58 | €38,562 | €44,930 | +€6,368 | +16.5% |
| Amounts receivable within one year | 40/41 | €37,842 | €44,322 | +€6,480 | +17.1% |
| Other amounts receivable | 41 | €37,842 | €44,322 | +€6,480 | +17.1% |
| Cash at bank and in hand | 54/58 | €720 | €608 | -€112 | -15.5% |
| Total equity and liabilities | 10/49 | €132,381 | €129,638 | -€2,743 | -2.1% |
| Equity | 10/15 | €52,806 | €48,313 | -€4,493 | -8.5% |
| Contributions | 10/11 | €224,584 | €224,584 | = | 0.0% |
| Capital | 10 | €224,584 | €224,584 | = | 0.0% |
| Issued capital | 100 | €224,584 | €224,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,778 | -€176,271 | -€4,493 | -2.6% |
| Amounts payable | 17/49 | €79,575 | €81,325 | +€1,750 | +2.2% |
| Amounts payable within one year | 42/48 | €79,575 | €81,325 | +€1,750 | +2.2% |
| Other amounts payable | 47/48 | €79,575 | €81,325 | +€1,750 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,111 | €9,111 | = | 0.0% |
| Other operating charges | 640/8 | €1,325 | €1,366 | +€42 | +3.2% |
| Gross operating margin | 9900 | €4,691 | €3,904 | -€786 | -16.8% |
| Operating profit (loss) | 9901 | -€5,745 | -€6,573 | -€828 | -14.4% |
| Financial income | 75/76B | €2,110 | €2,226 | +€116 | +5.5% |
| Recurring financial income | 75 | €2,110 | €2,226 | +€116 | +5.5% |
| Financial charges | 65/66B | €146 | €146 | = | 0.0% |
| Recurring financial charges | 65 | €146 | €146 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,781 | -€4,493 | -€712 | -18.8% |
| Profit (loss) for the period | 9904 | -€3,781 | -€4,493 | -€712 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,781 | -€4,493 | -€712 | -18.8% |
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 4 October 2026 via checked.be.