BIG CITY: 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.
BIG CITY
Largest movements
- Tangible fixed assets +€25,496
up €25,496 (+98.2%), from €25,951 to €51,447
of which Furniture and vehicles: +€20,301
- Stocks and contracts +€22,624
up €22,624 (+6.9%), from €327,063 to €349,687
- Deferred charges and accrued income -€11,875
down €11,875 (-87.0%), from €13,642 to €1,767
- Cash -€6,229
down €6,229 (-18.9%), from €32,975 to €26,746
mainly Contributions, distributions and other (-€98,472) and Investment in fixed assets (net) (-€30,885)
- Other debts +€77,265
up €77,265 (+160%), from €48,259 to €125,524
- Reserves -€61,208
down €61,208 (-44.4%), from €137,953 to €76,746
- Accrued charges and deferred income +€37,757
new in 2025: €37,757
- Debts after one year -€26,846
down €26,846 (-9.4%), from €285,000 to €258,154
of which Financial debts: -€29,750
- Gross operating margin +€91,121
up €91,121 (+2,319%), from €3,930 to €95,051
- Other operating charges +€31,415
up €31,415 (+4,645%), from €676 to €32,091
- Taxes +€15,000
new in 2025: €15,000
- Depreciation +€3,231
up €3,231 (+150%), from €2,158 to €5,389
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 | €491,227 | €521,214 | +€29,987 | +6.1% |
| Fixed assets | 21/28 | €25,951 | €51,447 | +€25,496 | +98.2% |
| Tangible fixed assets | 22/27 | €25,951 | €51,447 | +€25,496 | +98.2% |
| Furniture and vehicles | 24 | - | €20,301 | +€20,301 | |
| Other tangible fixed assets | 26 | €25,951 | €31,146 | +€5,195 | +20.0% |
| Current assets | 29/58 | €465,276 | €469,766 | +€4,490 | +1.0% |
| Stocks and contracts in progress | 3 | €327,063 | €349,687 | +€22,624 | +6.9% |
| Stocks | 30/36 | €327,063 | €349,687 | +€22,624 | +6.9% |
| Amounts receivable within one year | 40/41 | €91,596 | €91,566 | -€30 | 0.0% |
| Trade receivables | 40 | - | €38,638 | +€38,638 | |
| Other amounts receivable | 41 | €91,596 | €52,928 | -€38,668 | -42.2% |
| Cash at bank and in hand | 54/58 | €32,975 | €26,746 | -€6,229 | -18.9% |
| Deferred charges and accrued income | 490/1 | €13,642 | €1,767 | -€11,875 | -87.0% |
| Total equity and liabilities | 10/49 | €491,227 | €521,214 | +€29,987 | +6.1% |
| Equity | 10/15 | €152,038 | €95,346 | -€56,692 | -37.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,953 | €76,746 | -€61,208 | -44.4% |
| Distributable reserves | 133 | €137,953 | €76,746 | -€61,208 | -44.4% |
| Profit (loss) carried forward | 14 | -€4,515 | - | +€4,515 | |
| Amounts payable | 17/49 | €339,189 | €425,868 | +€86,679 | +25.6% |
| Amounts payable after more than one year | 17 | €285,000 | €258,154 | -€26,846 | -9.4% |
| Financial debts | 170/4 | €285,000 | €255,250 | -€29,750 | -10.4% |
| Other amounts payable | 178/9 | - | €2,904 | +€2,904 | |
| Amounts payable within one year | 42/48 | €54,189 | €129,957 | +€75,768 | +140% |
| Financial debts | 43 | €3,824 | €3,806 | -€18 | -0.5% |
| Other loans | 439 | €3,824 | €3,806 | -€18 | -0.5% |
| Trade debts | 44 | €2,106 | €627 | -€1,479 | -70.2% |
| Suppliers | 440/4 | €2,106 | €627 | -€1,479 | -70.2% |
| Other amounts payable | 47/48 | €48,259 | €125,524 | +€77,265 | +160% |
| Accrued charges and deferred income | 492/3 | - | €37,757 | +€37,757 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,158 | €5,389 | +€3,231 | +150% |
| Other operating charges | 640/8 | €676 | €32,091 | +€31,415 | +4,645% |
| Gross operating margin | 9900 | €3,930 | €95,051 | +€91,121 | +2,319% |
| Operating profit (loss) | 9901 | €1,096 | €57,571 | +€56,475 | +5,154% |
| Financial income | 75/76B | €0 | €1 | +€1 | +550% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +550% |
| Financial charges | 65/66B | €1,037 | €792 | -€245 | -23.6% |
| Recurring financial charges | 65 | €1,037 | €792 | -€245 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €59 | €56,779 | +€56,720 | +95,666% |
| Income taxes | 67/77 | - | €15,000 | +€15,000 | |
| Profit (loss) for the period | 9904 | €59 | €41,779 | +€41,720 | +70,366% |
| Profit (loss) for the period to be appropriated | 9905 | €59 | €41,779 | +€41,720 | +70,366% |
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 23 October 2026 via checked.be.