City Garden: 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 Garden
Largest movements
- Tangible fixed assets -€10,483
down €10,483 (-3.3%), from €317,292 to €306,809
of which Land and buildings: -€12,538
- Debts after one year -€50,021
down €50,021 (-34.8%), from €143,800 to €93,779
- Other debts +€34,421
up €34,421 (+54.5%), from €63,151 to €97,572
- Profit (loss) carried forward +€4,288
up €4,288 (+4.7%), from -€91,104 to -€86,816
- Gross operating margin -€2,314
down €2,314 (-7.2%), from €31,953 to €29,640
- Financial charges -€1,580
down €1,580 (-27.6%), from €5,719 to €4,139
- Depreciation +€966
up €966 (+5.5%), from €17,398 to €18,364
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 | €318,116 | €307,707 | -€10,408 | -3.3% |
| Fixed assets | 21/28 | €317,292 | €306,809 | -€10,483 | -3.3% |
| Tangible fixed assets | 22/27 | €317,292 | €306,809 | -€10,483 | -3.3% |
| Land and buildings | 22 | €286,945 | €274,407 | -€12,538 | -4.4% |
| Other tangible fixed assets | 26 | €30,347 | €32,402 | +€2,056 | +6.8% |
| Current assets | 29/58 | €824 | €898 | +€75 | +9.1% |
| Cash at bank and in hand | 54/58 | €545 | €611 | +€66 | +12.1% |
| Deferred charges and accrued income | 490/1 | €279 | €287 | +€9 | +3.2% |
| Total equity and liabilities | 10/49 | €318,116 | €307,707 | -€10,408 | -3.3% |
| Equity | 10/15 | €82,081 | €86,370 | +€4,288 | +5.2% |
| Contributions | 10/11 | €173,185 | €173,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,104 | -€86,816 | +€4,288 | +4.7% |
| Amounts payable | 17/49 | €236,034 | €221,338 | -€14,696 | -6.2% |
| Amounts payable after more than one year | 17 | €143,800 | €93,779 | -€50,021 | -34.8% |
| Financial debts | 170/4 | €143,800 | €93,779 | -€50,021 | -34.8% |
| Amounts payable within one year | 42/48 | €92,234 | €127,559 | +€35,325 | +38.3% |
| Current portion of amounts payable after more than one year | 42 | €26,212 | €27,846 | +€1,634 | +6.2% |
| Trade debts | 44 | €45 | €1,996 | +€1,950 | +4,298% |
| Suppliers | 440/4 | €45 | €1,996 | +€1,950 | +4,298% |
| Taxes, remuneration and social security | 45 | €2,827 | €145 | -€2,681 | -94.9% |
| Taxes | 450/3 | €2,827 | €145 | -€2,681 | -94.9% |
| Other amounts payable | 47/48 | €63,151 | €97,572 | +€34,421 | +54.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,398 | €18,364 | +€966 | +5.5% |
| Other operating charges | 640/8 | €2,767 | €2,853 | +€86 | +3.1% |
| Gross operating margin | 9900 | €31,953 | €29,640 | -€2,314 | -7.2% |
| Operating profit (loss) | 9901 | €11,787 | €8,423 | -€3,365 | -28.5% |
| Financial income | 75/76B | €3 | €6 | +€3 | +101% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +101% |
| Financial charges | 65/66B | €5,719 | €4,139 | -€1,580 | -27.6% |
| Recurring financial charges | 65 | €5,719 | €4,139 | -€1,580 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €6,072 | €4,290 | -€1,782 | -29.3% |
| Income taxes | 67/77 | €1 | €2 | +€1 | +101% |
| Profit (loss) for the period | 9904 | €6,071 | €4,288 | -€1,783 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,071 | €4,288 | -€1,783 | -29.4% |
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 29 October 2026 via checked.be.