CITIZENFUND: 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.
CITIZENFUND
Largest movements
- Cash +€30,740
up €30,740 (+20.3%), from €151,380 to €182,119
mainly Contributions, distributions and other (+€22,654) and Receivables after one year (+€21,588)
- Receivables after one year -€21,588
down €21,588 (-30.3%), from €71,189 to €49,601
- Receivables within one year +€11,860
up €11,860 (+123%), from €9,667 to €21,527
of which Other amounts receivable: +€7,713
- Contributions +€22,654
up €22,654 (+4.1%), from €548,030 to €570,684
- Financial charges -€21,343
down €21,343 (-95.9%), from €22,261 to €918
of which Non-recurring financial charges: -€21,386
- Write-downs -€14,250
down €14,250 (-100%), from €14,250 to €0
- Gross operating margin -€611
down €611 (-93.7%), from -€652 to -€1,263
- Financial income +€386
up €386 (+16.7%), from €2,307 to €2,693
of which Non-recurring financial income: +€200
- Other operating charges -€248
down €248 (-32.1%), from €772 to €524
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 | €525,015 | €548,330 | +€23,315 | +4.4% |
| Fixed assets | 21/28 | €292,780 | €294,698 | +€1,918 | +0.7% |
| Intangible fixed assets | 21 | €2,992 | €324 | -€2,668 | -89.2% |
| Financial fixed assets | 28 | €289,788 | €294,374 | +€4,586 | +1.6% |
| Current assets | 29/58 | €232,235 | €253,632 | +€21,397 | +9.2% |
| Amounts receivable after more than one year | 29 | €71,189 | €49,601 | -€21,588 | -30.3% |
| Other amounts receivable | 291 | €71,189 | €49,601 | -€21,588 | -30.3% |
| Amounts receivable within one year | 40/41 | €9,667 | €21,527 | +€11,860 | +123% |
| Trade receivables | 40 | €1,131 | €5,278 | +€4,147 | +367% |
| Other amounts receivable | 41 | €8,536 | €16,249 | +€7,713 | +90.4% |
| Cash at bank and in hand | 54/58 | €151,380 | €182,119 | +€30,740 | +20.3% |
| Deferred charges and accrued income | 490/1 | - | €385 | +€385 | |
| Total equity and liabilities | 10/49 | €525,015 | €548,330 | +€23,315 | +4.4% |
| Equity | 10/15 | €497,663 | €517,637 | +€19,974 | +4.0% |
| Contributions | 10/11 | €548,030 | €570,684 | +€22,654 | +4.1% |
| Profit (loss) carried forward | 14 | -€50,367 | -€53,047 | -€2,680 | -5.3% |
| Amounts payable | 17/49 | €27,353 | €30,693 | +€3,341 | +12.2% |
| Amounts payable within one year | 42/48 | €27,353 | €30,693 | +€3,341 | +12.2% |
| Trade debts | 44 | €1,262 | €854 | -€409 | -32.4% |
| Suppliers | 440/4 | €1,262 | €854 | -€409 | -32.4% |
| Advances received on contracts in progress | 46 | €22 | €619 | +€597 | +2,712% |
| Taxes, remuneration and social security | 45 | €92 | €124 | +€33 | +35.5% |
| Taxes | 450/3 | €92 | €124 | +€33 | +35.5% |
| Other amounts payable | 47/48 | €25,977 | €29,097 | +€3,120 | +12.0% |
| Non-recurring operating income | 76A | €158 | €0 | -€158 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,668 | €2,668 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,250 | €0 | -€14,250 | -100% |
| Other operating charges | 640/8 | €772 | €524 | -€248 | -32.1% |
| Gross operating margin | 9900 | -€652 | -€1,263 | -€611 | -93.7% |
| Operating profit (loss) | 9901 | -€18,341 | -€4,454 | +€13,887 | +75.7% |
| Financial income | 75/76B | €2,307 | €2,693 | +€386 | +16.7% |
| Recurring financial income | 75 | €2,307 | €2,493 | +€186 | +8.1% |
| Non-recurring financial income | 76B | €0 | €200 | +€200 | |
| Financial charges | 65/66B | €22,261 | €918 | -€21,343 | -95.9% |
| Recurring financial charges | 65 | €261 | €304 | +€43 | +16.5% |
| Non-recurring financial charges | 66B | €22,000 | €614 | -€21,386 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | -€38,295 | -€2,680 | +€35,616 | +93.0% |
| Profit (loss) for the period | 9904 | -€38,295 | -€2,680 | +€35,616 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,295 | -€2,680 | +€35,616 | +93.0% |
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 31 October 2026 via checked.be.