CITY-NEM: what changed
CITY-NEM
Largest movements
- Receivables within one year +€7,468
up €7,468 (+14.0%), from €53,353 to €60,821
of which Other amounts receivable: +€13,590
- Cash -€4,519
down €4,519 (-44.9%), from €10,064 to €5,545
mainly Other debts (-€12,433) and Receivables within one year (-€7,468)
- Intangible fixed assets -€4,000
down €4,000 (-12.5%), from €32,000 to €28,000
- Tangible fixed assets -€3,529
down €3,529 (-28.6%), from €12,331 to €8,802
of which Plant, machinery and equipment: -€7,437
- Deferred charges and accrued income +€2,461
up €2,461 (+1,060%), from €232 to €2,693
- Profit (loss) carried forward +€17,788
up €17,788 (+56.3%), from €31,593 to €49,381
- Other debts -€12,433
no longer reported in 2025 (was €12,433)
- Trade debts -€4,051
down €4,051 (-34.8%), from €11,652 to €7,601
- Tax, wage and social debts -€3,102
down €3,102 (-6.2%), from €49,666 to €46,564
of which Taxes: -€18,832
- Reserves +€1,860
new in 2025: €1,860
- Other operating charges -€14,200
no longer reported in 2025 (was €14,200)
- Gross operating margin +€11,866
up €11,866 (+9.5%), from €124,853 to €136,719
- Taxes -€10,727
down €10,727 (-49.4%), from €21,727 to €11,000
- Financial charges +€3,527
up €3,527, from -€267 to €3,260
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,045 | €115,106 | +€61 | +0.1% |
| Fixed assets | 21/28 | €51,396 | €43,867 | -€7,529 | -14.6% |
| Intangible fixed assets | 21 | €32,000 | €28,000 | -€4,000 | -12.5% |
| Tangible fixed assets | 22/27 | €12,331 | €8,802 | -€3,529 | -28.6% |
| Plant, machinery and equipment | 23 | €12,331 | €4,894 | -€7,437 | -60.3% |
| Furniture and vehicles | 24 | - | €3,908 | +€3,908 | |
| Financial fixed assets | 28 | €7,065 | €7,065 | = | 0.0% |
| Current assets | 29/58 | €63,649 | €71,239 | +€7,590 | +11.9% |
| Stocks and contracts in progress | 3 | - | €2,180 | +€2,180 | |
| Stocks | 30/36 | - | €2,180 | +€2,180 | |
| Amounts receivable within one year | 40/41 | €53,353 | €60,821 | +€7,468 | +14.0% |
| Trade receivables | 40 | €8,798 | €2,676 | -€6,122 | -69.6% |
| Other amounts receivable | 41 | €44,555 | €58,145 | +€13,590 | +30.5% |
| Cash at bank and in hand | 54/58 | €10,064 | €5,545 | -€4,519 | -44.9% |
| Deferred charges and accrued income | 490/1 | €232 | €2,693 | +€2,461 | +1,060% |
| Total equity and liabilities | 10/49 | €115,045 | €115,106 | +€61 | +0.1% |
| Equity | 10/15 | €41,293 | €60,941 | +€19,648 | +47.6% |
| Contributions | 10/11 | €9,700 | €9,700 | = | 0.0% |
| Reserves | 13 | - | €1,860 | +€1,860 | |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €31,593 | €49,381 | +€17,788 | +56.3% |
| Amounts payable | 17/49 | €73,752 | €54,165 | -€19,587 | -26.6% |
| Amounts payable within one year | 42/48 | €73,752 | €54,165 | -€19,587 | -26.6% |
| Trade debts | 44 | €11,652 | €7,601 | -€4,051 | -34.8% |
| Suppliers | 440/4 | €11,652 | €7,601 | -€4,051 | -34.8% |
| Taxes, remuneration and social security | 45 | €49,666 | €46,564 | -€3,102 | -6.2% |
| Taxes | 450/3 | €28,753 | €9,921 | -€18,832 | -65.5% |
| Remuneration and social security | 454/9 | €20,913 | €36,643 | +€15,730 | +75.2% |
| Other amounts payable | 47/48 | €12,433 | - | -€12,433 | |
| Remuneration, social security and pensions | 62 | €93,423 | €94,557 | +€1,134 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,578 | €8,254 | -€324 | -3.8% |
| Other operating charges | 640/8 | €14,200 | - | -€14,200 | |
| Gross operating margin | 9900 | €124,853 | €136,719 | +€11,866 | +9.5% |
| Operating profit (loss) | 9901 | €8,652 | €33,908 | +€25,256 | +292% |
| Financial income | 75/76B | €197 | - | -€197 | |
| Recurring financial income | 75 | €197 | - | -€197 | |
| Financial charges | 65/66B | -€267 | €3,260 | +€3,527 | |
| Recurring financial charges | 65 | -€267 | €3,260 | +€3,527 | |
| Profit (loss) for the period before taxes | 9903 | €9,115 | €30,648 | +€21,533 | +236% |
| Income taxes | 67/77 | €21,727 | €11,000 | -€10,727 | -49.4% |
| Profit (loss) for the period | 9904 | -€12,612 | €19,648 | +€32,260 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,612 | €19,648 | +€32,260 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.