CITY FACADE: 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 FACADE
Largest movements
- Receivables within one year +€2.3m
up €2.3m (+224%), from €1.0m to €3.3m
of which Trade receivables: +€2.2m
- Cash +€126,121
up €126,121 (+38.7%), from €325,526 to €451,647
mainly Trade debts (+€1.7m) and Tax, wage and social debts (+€482,538)
- Tangible fixed assets -€100,874
down €100,874 (-14.7%), from €685,284 to €584,410
of which Furniture and vehicles: -€100,874
- Trade debts +€1.7m
up €1.7m (+585%), from €290,334 to €2.0m
- Tax, wage and social debts +€482,538
up €482,538 (+897%), from €53,816 to €536,355
of which Remuneration and social security: +€326,997
- Profit (loss) carried forward +€176,405
up €176,405 (+13.4%), from €1.3m to €1.5m
- Turnover -€4.7m
down €4.7m (-64.1%), from €7.4m to €2.7m
- Purchases and services -€4.4m
down €4.4m (-66.7%), from €6.7m to €2.2m
- Gross operating margin -€119,084
down €119,084 (-15.6%), from €761,728 to €642,644
- Other operating charges -€86,765
down €86,765 (-71.9%), from €120,724 to €33,959
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 | €2,172,224 | €4,492,283 | +€2.3m | +107% |
| Fixed assets | 21/28 | €694,209 | €593,335 | -€100,874 | -14.5% |
| Tangible fixed assets | 22/27 | €685,284 | €584,410 | -€100,874 | -14.7% |
| Land and buildings | 22 | €475,038 | €475,038 | = | 0.0% |
| Plant, machinery and equipment | 23 | €69,353 | €69,353 | = | 0.0% |
| Furniture and vehicles | 24 | €140,893 | €40,019 | -€100,874 | -71.6% |
| Financial fixed assets | 28 | €8,925 | €8,925 | = | 0.0% |
| Current assets | 29/58 | €1,478,015 | €3,898,949 | +€2.4m | +164% |
| Stocks and contracts in progress | 3 | €78,161 | €78,161 | = | 0.0% |
| Stocks | 30/36 | €78,161 | €78,161 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,022,550 | €3,317,363 | +€2.3m | +224% |
| Trade receivables | 40 | €836,760 | €2,997,106 | +€2.2m | +258% |
| Other amounts receivable | 41 | €185,790 | €320,257 | +€134,466 | +72.4% |
| Cash at bank and in hand | 54/58 | €325,526 | €451,647 | +€126,121 | +38.7% |
| Deferred charges and accrued income | 490/1 | €51,778 | €51,778 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,172,224 | €4,492,283 | +€2.3m | +107% |
| Equity | 10/15 | €1,387,969 | €1,564,374 | +€176,405 | +12.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €9,916 | €9,916 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,316,080 | €1,492,485 | +€176,405 | +13.4% |
| Amounts payable | 17/49 | €784,255 | €2,927,909 | +€2.1m | +273% |
| Amounts payable after more than one year | 17 | €331,346 | €331,346 | = | 0.0% |
| Financial debts | 170/4 | €331,346 | €331,346 | = | 0.0% |
| Amounts payable within one year | 42/48 | €452,909 | €2,596,564 | +€2.1m | +473% |
| Current portion of amounts payable after more than one year | 42 | €90,694 | €49,503 | -€41,191 | -45.4% |
| Trade debts | 44 | €290,334 | €1,987,342 | +€1.7m | +585% |
| Suppliers | 440/4 | €290,334 | €1,987,342 | +€1.7m | +585% |
| Advances received on contracts in progress | 46 | €18,064 | €23,364 | +€5,300 | +29.3% |
| Taxes, remuneration and social security | 45 | €53,816 | €536,355 | +€482,538 | +897% |
| Taxes | 450/3 | €17,547 | €173,088 | +€155,541 | +886% |
| Remuneration and social security | 454/9 | €36,269 | €363,267 | +€326,997 | +902% |
| Turnover | 70 | €7,395,130 | €2,657,083 | -€4.7m | -64.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,657,038 | €2,218,669 | -€4.4m | -66.7% |
| Remuneration, social security and pensions | 62 | €479,152 | €431,967 | -€47,186 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,274 | €0 | -€64,274 | -100% |
| Other operating charges | 640/8 | €120,724 | €33,959 | -€86,765 | -71.9% |
| Non-recurring operating charges | 66A | €20,012 | - | -€20,012 | |
| Gross operating margin | 9900 | €761,728 | €642,644 | -€119,084 | -15.6% |
| Operating profit (loss) | 9901 | €77,567 | €176,718 | +€99,151 | +128% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €46,496 | €313 | -€46,183 | -99.3% |
| Recurring financial charges | 65 | €46,496 | €313 | -€46,183 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | €31,103 | €176,405 | +€145,302 | +467% |
| Income taxes | 67/77 | €16,954 | - | -€16,954 | |
| Profit (loss) for the period | 9904 | €14,150 | €176,405 | +€162,255 | +1,147% |
| Profit (loss) for the period to be appropriated | 9905 | €14,150 | €176,405 | +€162,255 | +1,147% |
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.