CITY ASSURANCES: 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.
CITY ASSURANCES
Largest movements
- Receivables within one year +€16,919
up €16,919 (+143%), from €11,853 to €28,772
of which Other amounts receivable: +€18,586
- Cash -€11,112
down €11,112 (-26.4%), from €42,122 to €31,010
mainly Receivables within one year (-€16,919) and Investment in fixed assets (net) (-€6,976)
- Tangible fixed assets +€2,124
up €2,124 (+9.5%), from €22,328 to €24,452
of which Other tangible fixed assets: +€1,642
- Profit (loss) carried forward +€7,521
up €7,521 (+18.5%), from -€40,630 to -€33,109
- Tax, wage and social debts +€1,939
up €1,939 (+24.2%), from €8,026 to €9,965
of which Taxes: +€2,608
- Other debts -€1,196
down €1,196 (-2.3%), from €50,961 to €49,765
- Gross operating margin +€7,293
up €7,293 (+16.8%), from €43,378 to €50,670
- Staff costs +€6,568
up €6,568 (+22.7%), from €28,986 to €35,555
- Other operating charges -€4,763
down €4,763 (-80.1%), from €5,943 to €1,180
- Taxes +€2,659
new in 2025: €2,659
- Depreciation +€2,349
up €2,349 (+93.8%), from €2,503 to €4,852
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 | €77,425 | €85,317 | +€7,892 | +10.2% |
| Fixed assets | 21/28 | €22,328 | €24,452 | +€2,124 | +9.5% |
| Tangible fixed assets | 22/27 | €22,328 | €24,452 | +€2,124 | +9.5% |
| Plant, machinery and equipment | 23 | €4,406 | €3,824 | -€582 | -13.2% |
| Furniture and vehicles | 24 | €7,428 | €8,491 | +€1,064 | +14.3% |
| Other tangible fixed assets | 26 | €10,494 | €12,136 | +€1,642 | +15.7% |
| Current assets | 29/58 | €55,097 | €60,865 | +€5,768 | +10.5% |
| Amounts receivable within one year | 40/41 | €11,853 | €28,772 | +€16,919 | +143% |
| Trade receivables | 40 | €8,970 | €7,303 | -€1,667 | -18.6% |
| Other amounts receivable | 41 | €2,883 | €21,469 | +€18,586 | +645% |
| Cash at bank and in hand | 54/58 | €42,122 | €31,010 | -€11,112 | -26.4% |
| Deferred charges and accrued income | 490/1 | €1,122 | €1,083 | -€39 | -3.4% |
| Total equity and liabilities | 10/49 | €77,425 | €85,317 | +€7,892 | +10.2% |
| Equity | 10/15 | -€3,446 | €4,075 | +€7,521 | |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,630 | -€33,109 | +€7,521 | +18.5% |
| Amounts payable | 17/49 | €80,871 | €81,241 | +€371 | +0.5% |
| Amounts payable after more than one year | 17 | €11,112 | €11,112 | = | 0.0% |
| Financial debts | 170/4 | €11,112 | €11,112 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,758 | €70,129 | +€371 | +0.5% |
| Trade debts | 44 | €10,771 | €10,399 | -€373 | -3.5% |
| Suppliers | 440/4 | €10,771 | €10,399 | -€373 | -3.5% |
| Taxes, remuneration and social security | 45 | €8,026 | €9,965 | +€1,939 | +24.2% |
| Taxes | 450/3 | €681 | €3,289 | +€2,608 | +383% |
| Remuneration and social security | 454/9 | €7,345 | €6,676 | -€669 | -9.1% |
| Other amounts payable | 47/48 | €50,961 | €49,765 | -€1,196 | -2.3% |
| Remuneration, social security and pensions | 62 | €28,986 | €35,555 | +€6,568 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €4,852 | +€2,349 | +93.8% |
| Other operating charges | 640/8 | €5,943 | €1,180 | -€4,763 | -80.1% |
| Gross operating margin | 9900 | €43,378 | €50,670 | +€7,293 | +16.8% |
| Operating profit (loss) | 9901 | €5,945 | €9,084 | +€3,139 | +52.8% |
| Financial income | 75/76B | €3,616 | €2,279 | -€1,338 | -37.0% |
| Recurring financial income | 75 | €3,616 | €2,279 | -€1,338 | -37.0% |
| Financial charges | 65/66B | €861 | €1,182 | +€321 | +37.3% |
| Recurring financial charges | 65 | €861 | €1,182 | +€321 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €8,700 | €10,181 | +€1,480 | +17.0% |
| Income taxes | 67/77 | - | €2,659 | +€2,659 | |
| Profit (loss) for the period | 9904 | €8,700 | €7,521 | -€1,179 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,700 | €7,521 | -€1,179 | -13.6% |
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 22 October 2026 via checked.be.