City Construct: what changed
Two fiscal 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 Construct
Largest movements
- Tangible fixed assets -€14,594
down €14,594 (-49.6%), from €29,447 to €14,853
- Receivables within one year +€5,288
up €5,288 (+14.1%), from €37,509 to €42,798
- Debts after one year -€11,799
down €11,799 (-52.0%), from €22,691 to €10,892
- Current portion of long-term debt +€2,154
up €2,154 (+22.3%), from €9,645 to €11,799
- Trade debts +€1,716
up €1,716 (+99.5%), from €1,725 to €3,441
- Profit (loss) carried forward -€1,003
down €1,003 (-3.3%), from €30,198 to €29,196
- Depreciation +€4,558
up €4,558 (+45.4%), from €10,036 to €14,594
- Gross operating margin +€509
up €509 (+4.0%), from €12,786 to €13,295
- Taxes -€399
no longer reported in 2025 (was €399)
- Financial charges +€279
up €279 (+37.6%), from €742 to €1,021
- Other operating charges +€219
up €219 (+47.1%), from €465 to €684
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 | €67,759 | €58,828 | -€8,932 | -13.2% |
| Fixed assets | 21/28 | €29,447 | €14,853 | -€14,594 | -49.6% |
| Tangible fixed assets | 22/27 | €29,447 | €14,853 | -€14,594 | -49.6% |
| Furniture and vehicles | 24 | €29,447 | €14,853 | -€14,594 | -49.6% |
| Current assets | 29/58 | €38,312 | €43,974 | +€5,662 | +14.8% |
| Amounts receivable within one year | 40/41 | €37,509 | €42,798 | +€5,288 | +14.1% |
| Other amounts receivable | 41 | €37,509 | €42,798 | +€5,288 | +14.1% |
| Cash at bank and in hand | 54/58 | €803 | €732 | -€71 | -8.9% |
| Deferred charges and accrued income | 490/1 | - | €445 | +€445 | |
| Total equity and liabilities | 10/49 | €67,759 | €58,828 | -€8,932 | -13.2% |
| Equity | 10/15 | €32,198 | €31,196 | -€1,003 | -3.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,198 | €29,196 | -€1,003 | -3.3% |
| Amounts payable | 17/49 | €35,561 | €27,632 | -€7,929 | -22.3% |
| Amounts payable after more than one year | 17 | €22,691 | €10,892 | -€11,799 | -52.0% |
| Financial debts | 170/4 | €22,691 | €10,892 | -€11,799 | -52.0% |
| Amounts payable within one year | 42/48 | €12,870 | €16,740 | +€3,870 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €9,645 | €11,799 | +€2,154 | +22.3% |
| Trade debts | 44 | €1,725 | €3,441 | +€1,716 | +99.5% |
| Suppliers | 440/4 | €1,725 | €3,441 | +€1,716 | +99.5% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,500 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,036 | €14,594 | +€4,558 | +45.4% |
| Other operating charges | 640/8 | €465 | €684 | +€219 | +47.1% |
| Non-recurring operating charges | 66A | €1,874 | - | -€1,874 | |
| Gross operating margin | 9900 | €12,786 | €13,295 | +€509 | +4.0% |
| Operating profit (loss) | 9901 | €412 | -€1,983 | -€2,395 | |
| Financial income | 75/76B | €2,156 | €2,001 | -€155 | -7.2% |
| Recurring financial income | 75 | €2,156 | €2,001 | -€155 | -7.2% |
| Financial charges | 65/66B | €742 | €1,021 | +€279 | +37.6% |
| Recurring financial charges | 65 | €742 | €1,021 | +€279 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €1,826 | -€1,003 | -€2,828 | |
| Income taxes | 67/77 | €399 | - | -€399 | |
| Profit (loss) for the period | 9904 | €1,426 | -€1,003 | -€2,429 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,426 | -€1,003 | -€2,429 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.