CITY PROPERTIES: 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 PROPERTIES
Largest movements
- Receivables within one year +€19,818
up €19,818 (+4.3%), from €461,241 to €481,059
- Tangible fixed assets -€17,520
down €17,520 (-7.0%), from €249,643 to €232,123
- Profit (loss) carried forward +€47,997
up €47,997, from -€36,749 to €11,248
- Debts after one year -€43,907
down €43,907 (-9.5%), from €460,550 to €416,643
- Other debts +€16,130
up €16,130 (+17.4%), from €92,452 to €108,582
- Gross operating margin -€17,191
down €17,191 (-18.1%), from €94,960 to €77,769
- Financial income +€1,315
up €1,315 (+59.1%), from €2,224 to €3,539
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 | €711,737 | €726,652 | +€14,915 | +2.1% |
| Fixed assets | 21/28 | €250,308 | €232,788 | -€17,520 | -7.0% |
| Tangible fixed assets | 22/27 | €249,643 | €232,123 | -€17,520 | -7.0% |
| Land and buildings | 22 | €249,643 | €232,123 | -€17,520 | -7.0% |
| Financial fixed assets | 28 | €665 | €665 | = | 0.0% |
| Current assets | 29/58 | €461,429 | €493,864 | +€32,435 | +7.0% |
| Amounts receivable within one year | 40/41 | €461,241 | €481,059 | +€19,818 | +4.3% |
| Other amounts receivable | 41 | €461,241 | €481,059 | +€19,818 | +4.3% |
| Cash at bank and in hand | 54/58 | €9 | €6,233 | +€6,225 | +71,796% |
| Deferred charges and accrued income | 490/1 | €179 | €6,572 | +€6,393 | +3,564% |
| Total equity and liabilities | 10/49 | €711,737 | €726,652 | +€14,915 | +2.1% |
| Equity | 10/15 | €95,502 | €143,499 | +€47,997 | +50.3% |
| Contributions | 10/11 | €120,228 | €120,228 | = | 0.0% |
| Capital | 10 | €120,228 | €120,228 | = | 0.0% |
| Issued capital | 100 | €120,228 | €120,228 | = | 0.0% |
| Reserves | 13 | €12,023 | €12,023 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,023 | €12,023 | = | 0.0% |
| Legal reserve | 130 | €12,023 | €12,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,749 | €11,248 | +€47,997 | |
| Amounts payable | 17/49 | €616,235 | €583,153 | -€33,082 | -5.4% |
| Amounts payable after more than one year | 17 | €460,550 | €416,643 | -€43,907 | -9.5% |
| Financial debts | 170/4 | €460,550 | €416,643 | -€43,907 | -9.5% |
| Amounts payable within one year | 42/48 | €155,685 | €166,510 | +€10,825 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €7,000 | -€5,000 | -41.7% |
| Financial debts | 43 | €42,100 | €42,907 | +€807 | +1.9% |
| Credit institutions | 430/8 | €42,100 | €42,907 | +€807 | +1.9% |
| Trade debts | 44 | €9,133 | €8,021 | -€1,112 | -12.2% |
| Suppliers | 440/4 | €9,133 | €8,021 | -€1,112 | -12.2% |
| Other amounts payable | 47/48 | €92,452 | €108,582 | +€16,130 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,166 | €17,520 | +€354 | +2.1% |
| Other operating charges | 640/8 | €6,645 | €6,961 | +€315 | +4.7% |
| Gross operating margin | 9900 | €94,960 | €77,769 | -€17,191 | -18.1% |
| Operating profit (loss) | 9901 | €71,149 | €53,288 | -€17,861 | -25.1% |
| Financial income | 75/76B | €2,224 | €3,539 | +€1,315 | +59.1% |
| Recurring financial income | 75 | €2,224 | €3,539 | +€1,315 | +59.1% |
| Financial charges | 65/66B | €9,568 | €8,830 | -€738 | -7.7% |
| Recurring financial charges | 65 | €9,568 | €8,830 | -€738 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €63,805 | €47,997 | -€15,808 | -24.8% |
| Income taxes | 67/77 | €28 | - | -€28 | |
| Profit (loss) for the period | 9904 | €63,777 | €47,997 | -€15,780 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,777 | €47,997 | -€15,780 | -24.7% |
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 25 October 2026 via checked.be.