CITY SQUARE: 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 SQUARE
Largest movements
- Cash -€1,744
down €1,744 (-18.2%), from €9,566 to €7,822
mainly Net result for the year (-€2,991) and Deferred charges and accrued income (-€221)
- Tangible fixed assets -€1,371
down €1,371 (-14.0%), from €9,770 to €8,399
of which Land and buildings: -€1,093
- Receivables within one year -€278
no longer reported in 2025 (was €278)
- Deferred charges and accrued income +€221
new in 2025: €221
- Profit (loss) carried forward -€2,991
down €2,991 (-657%), from -€455 to -€3,446
- Gross operating margin -€312
down €312 (-38.8%), from -€804 to -€1,116
- Financial charges -€26
down €26 (-19.9%), from €130 to €104
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €19,614 | €16,441 | -€3,172 | -16.2% |
| Fixed assets | 21/28 | €9,770 | €8,399 | -€1,371 | -14.0% |
| Tangible fixed assets | 22/27 | €9,770 | €8,399 | -€1,371 | -14.0% |
| Land and buildings | 22 | €8,919 | €7,826 | -€1,093 | -12.3% |
| Furniture and vehicles | 24 | €851 | €573 | -€278 | -32.6% |
| Current assets | 29/58 | €9,844 | €8,042 | -€1,801 | -18.3% |
| Amounts receivable within one year | 40/41 | €278 | - | -€278 | |
| Other amounts receivable | 41 | €278 | - | -€278 | |
| Cash at bank and in hand | 54/58 | €9,566 | €7,822 | -€1,744 | -18.2% |
| Deferred charges and accrued income | 490/1 | - | €221 | +€221 | |
| Total equity and liabilities | 10/49 | €19,614 | €16,441 | -€3,172 | -16.2% |
| Equity | 10/15 | €5,745 | €2,754 | -€2,991 | -52.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€455 | -€3,446 | -€2,991 | -657% |
| Amounts payable | 17/49 | €13,869 | €13,688 | -€182 | -1.3% |
| Amounts payable within one year | 42/48 | €13,869 | €13,688 | -€182 | -1.3% |
| Trade debts | 44 | €182 | - | -€182 | |
| Suppliers | 440/4 | €182 | - | -€182 | |
| Other amounts payable | 47/48 | €13,688 | €13,688 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,371 | €1,371 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€804 | -€1,116 | -€312 | -38.8% |
| Operating profit (loss) | 9901 | -€2,562 | -€2,886 | -€324 | -12.7% |
| Financial charges | 65/66B | €130 | €104 | -€26 | -19.9% |
| Recurring financial charges | 65 | €130 | €104 | -€26 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,692 | -€2,991 | -€299 | -11.1% |
| Profit (loss) for the period | 9904 | -€2,692 | -€2,991 | -€299 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,692 | -€2,991 | -€299 | -11.1% |
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 19 October 2026 via checked.be.