Ursus Computing: 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 Computing
Largest movements
- Receivables within one year -€15,988
down €15,988 (-52.4%), from €30,508 to €14,520
of which Other amounts receivable: -€10,180
- Cash +€13,297
up €13,297 (+943.5%), from €1,409 to €14,706
mainly Depreciation (+€17,312) and Receivables within one year (+€15,988)
- Tangible fixed assets +€11,082
up €11,082 (+3.2%), from €350,553 to €361,635
of which Furniture and vehicles: +€10,315
- Debts after one year -€16,024
down €16,024 (-6.0%), from €267,975 to €251,951
- Reserves +€15,201
up €15,201 (+24.7%), from €61,583 to €76,784
- Other debts +€7,113
up €7,113 (+111.7%), from €6,365 to €13,478
- Tax, wage and social debts +€4,660
up €4,660 (+50.2%), from €9,284 to €13,944
of which Taxes: +€5,660
- Gross operating margin +€24,305
up €24,305 (+76.1%), from €31,923 to €56,228
- Other operating charges +€6,096
up €6,096 (+343.0%), from €1,777 to €7,874
- Depreciation +€4,486
up €4,486 (+35.0%), from €12,826 to €17,312
- Taxes +€3,224
up €3,224 (+203.3%), from €1,585 to €4,809
- Financial charges -€1,917
down €1,917 (-14.8%), from €12,950 to €11,033
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 | €383,522 | €392,670 | +€9,148 | +2.4% |
| Fixed assets | 21/28 | €350,553 | €361,635 | +€11,082 | +3.2% |
| Tangible fixed assets | 22/27 | €350,553 | €361,635 | +€11,082 | +3.2% |
| Land and buildings | 22 | €347,457 | €348,224 | +€767 | +0.2% |
| Furniture and vehicles | 24 | €3,096 | €13,411 | +€10,315 | +333.2% |
| Current assets | 29/58 | €32,969 | €31,036 | -€1,934 | -5.9% |
| Amounts receivable within one year | 40/41 | €30,508 | €14,520 | -€15,988 | -52.4% |
| Trade receivables | 40 | €20,328 | €14,520 | -€5,808 | -28.6% |
| Other amounts receivable | 41 | €10,180 | €0 | -€10,180 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,409 | €14,706 | +€13,297 | +943.5% |
| Deferred charges and accrued income | 490/1 | €1,052 | €1,810 | +€758 | +72.1% |
| Total equity and liabilities | 10/49 | €383,522 | €392,670 | +€9,148 | +2.4% |
| Equity | 10/15 | €80,183 | €95,384 | +€15,201 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,583 | €76,784 | +€15,201 | +24.7% |
| Distributable reserves | 133 | €61,583 | €76,784 | +€15,201 | +24.7% |
| Amounts payable | 17/49 | €303,339 | €297,286 | -€6,053 | -2.0% |
| Amounts payable after more than one year | 17 | €267,975 | €251,951 | -€16,024 | -6.0% |
| Financial debts | 170/4 | €267,975 | €251,951 | -€16,024 | -6.0% |
| Amounts payable within one year | 42/48 | €35,330 | €45,335 | +€10,005 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €15,413 | €16,024 | +€611 | +4.0% |
| Financial debts | 43 | €3,875 | €0 | -€3,875 | -100.0% |
| Other loans | 439 | €3,875 | €0 | -€3,875 | -100.0% |
| Trade debts | 44 | €393 | €1,889 | +€1,496 | +380.8% |
| Suppliers | 440/4 | €393 | €1,889 | +€1,496 | +380.8% |
| Taxes, remuneration and social security | 45 | €9,284 | €13,944 | +€4,660 | +50.2% |
| Taxes | 450/3 | €7,084 | €12,744 | +€5,660 | +79.9% |
| Remuneration and social security | 454/9 | €2,200 | €1,200 | -€1,000 | -45.5% |
| Other amounts payable | 47/48 | €6,365 | €13,478 | +€7,113 | +111.7% |
| Accrued charges and deferred income | 492/3 | €34 | €0 | -€34 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,826 | €17,312 | +€4,486 | +35.0% |
| Other operating charges | 640/8 | €1,777 | €7,874 | +€6,096 | +343.0% |
| Gross operating margin | 9900 | €31,923 | €56,228 | +€24,305 | +76.1% |
| Operating profit (loss) | 9901 | €17,320 | €31,042 | +€13,723 | +79.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €12,950 | €11,033 | -€1,917 | -14.8% |
| Recurring financial charges | 65 | €12,950 | €11,033 | -€1,917 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €4,371 | €20,010 | +€15,639 | +357.8% |
| Income taxes | 67/77 | €1,585 | €4,809 | +€3,224 | +203.3% |
| Profit (loss) for the period | 9904 | €2,785 | €15,201 | +€12,415 | +445.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,785 | €15,201 | +€12,415 | +445.7% |
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 10 October 2026 via checked.be.