CITY CLEAN: 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 CLEAN
Largest movements
- Receivables within one year +€75,680
up €75,680 (+44.3%), from €170,927 to €246,607
of which Trade receivables: +€75,903
- Cash +€43,610
up €43,610 (+20.5%), from €212,625 to €256,234
mainly Net result for the year (+€100,725) and Tax, wage and social debts (+€16,914)
- Reserves +€100,725
up €100,725 (+30.8%), from €327,518 to €428,243
of which Distributable reserves: +€100,725
- Tax, wage and social debts +€16,914
up €16,914 (+89.8%), from €18,843 to €35,758
of which Taxes: +€19,179
- Trade debts +€13,901
up €13,901 (+22.0%), from €63,177 to €77,078
- Other debts -€7,691
no longer reported in 2025 (was €7,691)
- Current portion of long-term debt -€6,062
down €6,062 (-23.6%), from €25,722 to €19,661
- Gross operating margin +€74,087
up €74,087 (+25.0%), from €296,445 to €370,532
- Staff costs -€26,308
down €26,308 (-11.7%), from €225,784 to €199,475
- Taxes +€24,900
up €24,900 (+132%), from €18,803 to €43,703
- Other operating charges -€3,870
down €3,870 (-40.1%), from €9,660 to €5,790
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 | €449,149 | €566,937 | +€117,788 | +26.2% |
| Fixed assets | 21/28 | €61,672 | €61,301 | -€371 | -0.6% |
| Tangible fixed assets | 22/27 | €61,425 | €61,053 | -€371 | -0.6% |
| Land and buildings | 22 | €12,815 | €12,815 | = | 0.0% |
| Furniture and vehicles | 24 | €48,610 | €48,239 | -€371 | -0.8% |
| Financial fixed assets | 28 | €247 | €247 | = | 0.0% |
| Current assets | 29/58 | €387,477 | €505,636 | +€118,159 | +30.5% |
| Amounts receivable within one year | 40/41 | €170,927 | €246,607 | +€75,680 | +44.3% |
| Trade receivables | 40 | €170,704 | €246,607 | +€75,903 | +44.5% |
| Other amounts receivable | 41 | €223 | - | -€223 | |
| Cash at bank and in hand | 54/58 | €212,625 | €256,234 | +€43,610 | +20.5% |
| Deferred charges and accrued income | 490/1 | €3,925 | €2,794 | -€1,130 | -28.8% |
| Total equity and liabilities | 10/49 | €449,149 | €566,937 | +€117,788 | +26.2% |
| Equity | 10/15 | €333,715 | €434,441 | +€100,725 | +30.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €327,518 | €428,243 | +€100,725 | +30.8% |
| Non-distributable reserves | 130/1 | €1,928 | €1,928 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,928 | €1,928 | = | 0.0% |
| Distributable reserves | 133 | €325,590 | €426,315 | +€100,725 | +30.9% |
| Amounts payable | 17/49 | €115,434 | €132,496 | +€17,062 | +14.8% |
| Amounts payable within one year | 42/48 | €115,434 | €132,496 | +€17,062 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €25,722 | €19,661 | -€6,062 | -23.6% |
| Trade debts | 44 | €63,177 | €77,078 | +€13,901 | +22.0% |
| Suppliers | 440/4 | €63,177 | €77,078 | +€13,901 | +22.0% |
| Taxes, remuneration and social security | 45 | €18,843 | €35,758 | +€16,914 | +89.8% |
| Taxes | 450/3 | €16,578 | €35,758 | +€19,179 | +116% |
| Remuneration and social security | 454/9 | €2,265 | - | -€2,265 | |
| Other amounts payable | 47/48 | €7,691 | - | -€7,691 | |
| Non-recurring operating income | 76A | €2,400 | - | -€2,400 | |
| Remuneration, social security and pensions | 62 | €225,784 | €199,475 | -€26,308 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,678 | €14,359 | +€3,681 | +34.5% |
| Other operating charges | 640/8 | €9,660 | €5,790 | -€3,870 | -40.1% |
| Gross operating margin | 9900 | €296,445 | €370,532 | +€74,087 | +25.0% |
| Operating profit (loss) | 9901 | €50,323 | €150,908 | +€100,585 | +200% |
| Financial income | 75/76B | €3,365 | €1,608 | -€1,756 | -52.2% |
| Recurring financial income | 75 | €3,365 | €1,608 | -€1,756 | -52.2% |
| Financial charges | 65/66B | €5,600 | €8,087 | +€2,487 | +44.4% |
| Recurring financial charges | 65 | €5,600 | €8,087 | +€2,487 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €48,088 | €144,429 | +€96,341 | +200% |
| Income taxes | 67/77 | €18,803 | €43,703 | +€24,900 | +132% |
| Profit (loss) for the period | 9904 | €29,284 | €100,725 | +€71,441 | +244% |
| Profit (loss) for the period to be appropriated | 9905 | €29,284 | €100,725 | +€71,441 | +244% |
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 14 October 2026 via checked.be.