CITY EXPRESS: 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 EXPRESS
Largest movements
- Stocks and contracts -€22,510
down €22,510 (-99.5%), from €22,623 to €113
- Receivables within one year -€1,736
down €1,736 (-94.3%), from €1,842 to €106
- Tangible fixed assets -€499
down €499 (-55.9%), from €891 to €393
of which Furniture and vehicles: -€281
- Cash -€420
down €420 (-95.5%), from €440 to €20
mainly Net result for the year (-€20,411) and Other debts (-€4,754)
- Profit (loss) carried forward -€20,411
down €20,411 (-27.6%), from -€73,960 to -€94,371
- Other debts -€4,754
down €4,754 (-5.5%), from €86,756 to €82,002
- Gross operating margin -€18,251
down €18,251 (-1,358%), from -€1,344 to -€19,595
- Taxes +€200
new in 2024: €200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,396 | €6,231 | -€25,165 | -80.2% |
| Fixed assets | 21/28 | €6,491 | €5,993 | -€499 | -7.7% |
| Tangible fixed assets | 22/27 | €891 | €393 | -€499 | -55.9% |
| Plant, machinery and equipment | 23 | €400 | €182 | -€218 | -54.4% |
| Furniture and vehicles | 24 | €491 | €211 | -€281 | -57.1% |
| Financial fixed assets | 28 | €5,600 | €5,600 | = | 0.0% |
| Current assets | 29/58 | €24,905 | €238 | -€24,667 | -99.0% |
| Stocks and contracts in progress | 3 | €22,623 | €113 | -€22,510 | -99.5% |
| Stocks | 30/36 | €22,623 | €113 | -€22,510 | -99.5% |
| Amounts receivable within one year | 40/41 | €1,842 | €106 | -€1,736 | -94.3% |
| Other amounts receivable | 41 | €1,842 | €106 | -€1,736 | -94.3% |
| Cash at bank and in hand | 54/58 | €440 | €20 | -€420 | -95.5% |
| Total equity and liabilities | 10/49 | €31,396 | €6,231 | -€25,165 | -80.2% |
| Equity | 10/15 | -€55,360 | -€75,771 | -€20,411 | -36.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,960 | -€94,371 | -€20,411 | -27.6% |
| Amounts payable | 17/49 | €86,756 | €82,002 | -€4,754 | -5.5% |
| Amounts payable within one year | 42/48 | €86,756 | €82,002 | -€4,754 | -5.5% |
| Other amounts payable | 47/48 | €86,756 | €82,002 | -€4,754 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €553 | €499 | -€55 | -9.9% |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Gross operating margin | 9900 | -€1,344 | -€19,595 | -€18,251 | -1,358% |
| Operating profit (loss) | 9901 | -€2,006 | -€20,211 | -€18,205 | -907% |
| Profit (loss) for the period before taxes | 9903 | -€2,006 | -€20,211 | -€18,205 | -907% |
| Income taxes | 67/77 | - | €200 | +€200 | |
| Profit (loss) for the period | 9904 | -€2,006 | -€20,411 | -€18,405 | -917% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,006 | -€20,411 | -€18,405 | -917% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.