CITY JAWS: 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 JAWS
Largest movements
- Current investments -€209,375
no longer reported in 2026 (was €209,375)
- Tangible fixed assets +€133,654
up €133,654 (+118%), from €112,990 to €246,644
- Receivables within one year -€11,000
no longer reported in 2026 (was €11,000)
- Cash +€8,587
up €8,587 (+62.7%), from €13,703 to €22,290
mainly Current investments (+€209,375) and Debts after one year (+€34,343)
- Deferred charges and accrued income -€3,602
no longer reported in 2026 (was €3,602)
- Other debts -€115,890
down €115,890 (-53.3%), from €217,427 to €101,537
- Debts after one year +€34,343
new in 2026: €34,343
- Tax, wage and social debts -€3,728
down €3,728 (-85.6%), from €4,357 to €629
- Gross operating margin -€17,051
down €17,051 (-51.6%), from €33,074 to €16,023
- Financial income +€5,566
up €5,566 (+2,017%), from €276 to €5,842
- Depreciation +€3,656
up €3,656 (+35.4%), from €10,334 to €13,990
- Taxes -€3,571
down €3,571 (-61.7%), from €5,784 to €2,213
- Financial charges +€2,246
up €2,246 (+5,162%), from €44 to €2,289
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €350,669 | €268,934 | -€81,735 | -23.3% |
| Fixed assets | 21/28 | €112,990 | €246,644 | +€133,654 | +118% |
| Tangible fixed assets | 22/27 | €112,990 | €246,644 | +€133,654 | +118% |
| Land and buildings | 22 | €112,990 | €177,399 | +€64,409 | +57.0% |
| Plant, machinery and equipment | 23 | - | €7,885 | +€7,885 | |
| Furniture and vehicles | 24 | - | €61,360 | +€61,360 | |
| Current assets | 29/58 | €237,679 | €22,290 | -€215,389 | -90.6% |
| Amounts receivable within one year | 40/41 | €11,000 | - | -€11,000 | |
| Trade receivables | 40 | €11,000 | - | -€11,000 | |
| Current investments | 50/53 | €209,375 | - | -€209,375 | |
| Cash at bank and in hand | 54/58 | €13,703 | €22,290 | +€8,587 | +62.7% |
| Deferred charges and accrued income | 490/1 | €3,602 | - | -€3,602 | |
| Total equity and liabilities | 10/49 | €350,669 | €268,934 | -€81,735 | -23.3% |
| Equity | 10/15 | €124,732 | €125,968 | +€1,236 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | - | €20,000 | +€20,000 | |
| Issued capital | 100 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €89,609 | €89,608 | -€1 | 0.0% |
| Distributable reserves | 133 | €89,609 | €89,608 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | €15,123 | €16,360 | +€1,237 | +8.2% |
| Amounts payable | 17/49 | €225,937 | €142,966 | -€82,971 | -36.7% |
| Amounts payable after more than one year | 17 | - | €34,343 | +€34,343 | |
| Financial debts | 170/4 | - | €34,343 | +€34,343 | |
| Amounts payable within one year | 42/48 | €225,457 | €107,060 | -€118,397 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,007 | +€2,007 | |
| Trade debts | 44 | €3,673 | €2,887 | -€786 | -21.4% |
| Suppliers | 440/4 | €3,673 | €2,887 | -€786 | -21.4% |
| Taxes, remuneration and social security | 45 | €4,357 | €629 | -€3,728 | -85.6% |
| Taxes | 450/3 | €4,357 | €629 | -€3,728 | -85.6% |
| Other amounts payable | 47/48 | €217,427 | €101,537 | -€115,890 | -53.3% |
| Accrued charges and deferred income | 492/3 | €480 | €1,563 | +€1,083 | +226% |
| Non-recurring operating income | 76A | €11,000 | - | -€11,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,334 | €13,990 | +€3,656 | +35.4% |
| Other operating charges | 640/8 | €2,065 | €2,136 | +€71 | +3.4% |
| Gross operating margin | 9900 | €33,074 | €16,023 | -€17,051 | -51.6% |
| Operating profit (loss) | 9901 | €20,675 | -€103 | -€20,778 | |
| Financial income | 75/76B | €276 | €5,842 | +€5,566 | +2,017% |
| Recurring financial income | 75 | €276 | €5,842 | +€5,566 | +2,017% |
| Financial charges | 65/66B | €44 | €2,289 | +€2,246 | +5,162% |
| Recurring financial charges | 65 | €44 | €2,289 | +€2,246 | +5,162% |
| Profit (loss) for the period before taxes | 9903 | €20,907 | €3,450 | -€17,457 | -83.5% |
| Income taxes | 67/77 | €5,784 | €2,213 | -€3,571 | -61.7% |
| Profit (loss) for the period | 9904 | €15,123 | €1,237 | -€13,886 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,123 | €1,237 | -€13,886 | -91.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.