CITY SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€13,495
down €13,495 (-23.4%), from €57,689 to €44,194
of which Trade receivables: -€12,013
- Tangible fixed assets +€8,947
up €8,947 (+26.8%), from €33,327 to €42,273
of which Furniture and vehicles: +€13,477
- Cash +€1,805
up €1,805 (+93.0%), from €1,940 to €3,745
mainly Receivables within one year (+€13,495) and Depreciation (+€7,021)
- Trade debts -€9,330
down €9,330 (-84.7%), from €11,009 to €1,679
- Tax, wage and social debts +€5,797
up €5,797 (+50.9%), from €11,382 to €17,179
of which Taxes: +€6,388
- Staff costs +€3,822
up €3,822 (+4.1%), from €92,473 to €96,295
- Gross operating margin +€3,761
up €3,761 (+3.7%), from €101,112 to €104,873
- Taxes -€2,319
down €2,319 (-75.0%), from €3,090 to €771
- Depreciation +€1,874
up €1,874 (+36.4%), from €5,147 to €7,021
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 | €95,160 | €92,636 | -€2,524 | -2.7% |
| Fixed assets | 21/28 | €33,727 | €42,673 | +€8,947 | +26.5% |
| Tangible fixed assets | 22/27 | €33,327 | €42,273 | +€8,947 | +26.8% |
| Furniture and vehicles | 24 | €3,242 | €16,719 | +€13,477 | +416% |
| Other tangible fixed assets | 26 | €30,084 | €25,554 | -€4,530 | -15.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €61,433 | €49,963 | -€11,471 | -18.7% |
| Amounts receivable within one year | 40/41 | €57,689 | €44,194 | -€13,495 | -23.4% |
| Trade receivables | 40 | €55,897 | €43,884 | -€12,013 | -21.5% |
| Other amounts receivable | 41 | €1,792 | €310 | -€1,482 | -82.7% |
| Cash at bank and in hand | 54/58 | €1,940 | €3,745 | +€1,805 | +93.0% |
| Deferred charges and accrued income | 490/1 | €1,805 | €2,024 | +€219 | +12.1% |
| Total equity and liabilities | 10/49 | €95,160 | €92,636 | -€2,524 | -2.7% |
| Equity | 10/15 | €31,952 | €32,141 | +€189 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,892 | €24,081 | +€189 | +0.8% |
| Amounts payable | 17/49 | €63,208 | €60,495 | -€2,713 | -4.3% |
| Amounts payable within one year | 42/48 | €63,208 | €60,495 | -€2,713 | -4.3% |
| Trade debts | 44 | €11,009 | €1,679 | -€9,330 | -84.7% |
| Suppliers | 440/4 | €11,009 | €1,679 | -€9,330 | -84.7% |
| Taxes, remuneration and social security | 45 | €11,382 | €17,179 | +€5,797 | +50.9% |
| Taxes | 450/3 | €3,865 | €10,253 | +€6,388 | +165% |
| Remuneration and social security | 454/9 | €7,517 | €6,926 | -€591 | -7.9% |
| Other amounts payable | 47/48 | €40,817 | €41,637 | +€820 | +2.0% |
| Remuneration, social security and pensions | 62 | €92,473 | €96,295 | +€3,822 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,147 | €7,021 | +€1,874 | +36.4% |
| Other operating charges | 640/8 | €552 | €450 | -€102 | -18.5% |
| Gross operating margin | 9900 | €101,112 | €104,873 | +€3,761 | +3.7% |
| Operating profit (loss) | 9901 | €2,940 | €1,107 | -€1,833 | -62.3% |
| Financial income | 75/76B | €51 | €0 | -€51 | -100.0% |
| Recurring financial income | 75 | €51 | €0 | -€51 | -100.0% |
| Financial charges | 65/66B | €42 | €147 | +€105 | +248% |
| Recurring financial charges | 65 | €42 | €147 | +€105 | +248% |
| Profit (loss) for the period before taxes | 9903 | €2,949 | €960 | -€1,989 | -67.4% |
| Income taxes | 67/77 | €3,090 | €771 | -€2,319 | -75.0% |
| Profit (loss) for the period | 9904 | -€142 | €189 | +€331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€142 | €189 | +€331 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.