URSUS ARCTOS: 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.
URSUS ARCTOS
Largest movements
- Tangible fixed assets +€19,417
up €19,417 (+23,363%), from €83 to €19,500
of which Furniture and vehicles: +€19,500
- Deferred charges and accrued income +€446
new in 2025: €446
- Other debts +€25,595
up €25,595 (+457%), from €5,604 to €31,199
- Profit (loss) carried forward -€4,908
down €4,908 (-47.5%), from -€10,342 to -€15,251
- Trade debts -€1,234
down €1,234 (-31.4%), from €3,934 to €2,701
- Tax, wage and social debts +€300
new in 2025: €300
- Gross operating margin -€613
down €613 (-17.5%), from -€3,510 to -€4,122
- Depreciation -€250
down €250 (-75.1%), from €333 to €83
- Other operating charges +€137
up €137 (+27.4%), from €499 to €636
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 | €396 | €20,149 | +€19,753 | +4,988% |
| Fixed assets | 21/28 | €83 | €19,500 | +€19,417 | +23,363% |
| Tangible fixed assets | 22/27 | €83 | €19,500 | +€19,417 | +23,363% |
| Plant, machinery and equipment | 23 | €83 | - | -€83 | |
| Furniture and vehicles | 24 | - | €19,500 | +€19,500 | |
| Current assets | 29/58 | €313 | €649 | +€336 | +107% |
| Amounts receivable within one year | 40/41 | €313 | €162 | -€151 | -48.2% |
| Other amounts receivable | 41 | €313 | €162 | -€151 | -48.2% |
| Cash at bank and in hand | 54/58 | - | €41 | +€41 | |
| Deferred charges and accrued income | 490/1 | - | €446 | +€446 | |
| Total equity and liabilities | 10/49 | €396 | €20,149 | +€19,753 | +4,988% |
| Equity | 10/15 | -€9,142 | -€14,051 | -€4,908 | -53.7% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,342 | -€15,251 | -€4,908 | -47.5% |
| Amounts payable | 17/49 | €9,538 | €34,199 | +€24,661 | +259% |
| Amounts payable within one year | 42/48 | €9,538 | €34,199 | +€24,661 | +259% |
| Trade debts | 44 | €3,934 | €2,701 | -€1,234 | -31.4% |
| Suppliers | 440/4 | €3,934 | €2,701 | -€1,234 | -31.4% |
| Taxes, remuneration and social security | 45 | - | €300 | +€300 | |
| Taxes | 450/3 | - | €300 | +€300 | |
| Other amounts payable | 47/48 | €5,604 | €31,199 | +€25,595 | +457% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €83 | -€250 | -75.1% |
| Other operating charges | 640/8 | €499 | €636 | +€137 | +27.4% |
| Gross operating margin | 9900 | -€3,510 | -€4,122 | -€613 | -17.5% |
| Operating profit (loss) | 9901 | -€4,342 | -€4,842 | -€499 | -11.5% |
| Financial charges | 65/66B | €65 | €67 | +€2 | +2.6% |
| Recurring financial charges | 65 | €65 | €67 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,407 | -€4,908 | -€501 | -11.4% |
| Profit (loss) for the period | 9904 | -€4,407 | -€4,908 | -€501 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,407 | -€4,908 | -€501 | -11.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.