CITYBO: 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.
CITYBO
Largest movements
- Cash -€35,870
down €35,870 (-56.1%), from €63,935 to €28,065
mainly Accrued charges and deferred income (-€30,000) and Trade debts (-€20,169)
- Receivables within one year -€8,224
down €8,224 (-4.9%), from €166,912 to €158,689
of which Trade receivables: -€15,660
- Accrued charges and deferred income -€30,000
no longer reported in 2024 (was €30,000)
- Trade debts -€20,169
down €20,169 (-20.3%), from €99,193 to €79,024
- Debts after one year -€20,151
down €20,151 (-10.9%), from €184,843 to €164,693
- Reserves +€18,352
up €18,352 (+15.8%), from €116,381 to €134,733
of which Distributable reserves: +€18,352
- Gross operating margin +€30,753
up €30,753 (+200%), from €15,362 to €46,115
- Taxes +€11,057
up €11,057 (+7,041%), from €157 to €11,214
- Financial charges +€2,679
up €2,679 (+26.8%), from €10,012 to €12,691
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €656,578 | €609,637 | -€46,940 | -7.1% |
| Fixed assets | 21/28 | €7,874 | €5,028 | -€2,847 | -36.2% |
| Tangible fixed assets | 22/27 | €7,874 | €5,028 | -€2,847 | -36.2% |
| Plant, machinery and equipment | 23 | €3,417 | €2,247 | -€1,170 | -34.2% |
| Furniture and vehicles | 24 | €4,457 | €2,780 | -€1,677 | -37.6% |
| Current assets | 29/58 | €648,703 | €604,610 | -€44,094 | -6.8% |
| Stocks and contracts in progress | 3 | €417,856 | €417,856 | = | 0.0% |
| Contracts in progress | 37 | €417,856 | €417,856 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €166,912 | €158,689 | -€8,224 | -4.9% |
| Trade receivables | 40 | €166,912 | €151,252 | -€15,660 | -9.4% |
| Other amounts receivable | 41 | - | €7,436 | +€7,436 | |
| Cash at bank and in hand | 54/58 | €63,935 | €28,065 | -€35,870 | -56.1% |
| Total equity and liabilities | 10/49 | €656,578 | €609,637 | -€46,940 | -7.1% |
| Equity | 10/15 | €134,981 | €153,333 | +€18,352 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,381 | €134,733 | +€18,352 | +15.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €114,521 | €132,873 | +€18,352 | +16.0% |
| Amounts payable | 17/49 | €521,597 | €456,304 | -€65,293 | -12.5% |
| Amounts payable after more than one year | 17 | €184,843 | €164,693 | -€20,151 | -10.9% |
| Financial debts | 170/4 | €184,843 | €164,693 | -€20,151 | -10.9% |
| Amounts payable within one year | 42/48 | €306,753 | €291,612 | -€15,142 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €19,667 | €20,151 | +€484 | +2.5% |
| Trade debts | 44 | €99,193 | €79,024 | -€20,169 | -20.3% |
| Suppliers | 440/4 | €99,193 | €79,024 | -€20,169 | -20.3% |
| Taxes, remuneration and social security | 45 | €13,257 | €13,602 | +€346 | +2.6% |
| Taxes | 450/3 | €13,257 | €13,602 | +€346 | +2.6% |
| Other amounts payable | 47/48 | €174,637 | €178,834 | +€4,197 | +2.4% |
| Accrued charges and deferred income | 492/3 | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,847 | €2,847 | = | 0.0% |
| Other operating charges | 640/8 | €1,230 | €1,241 | +€11 | +0.9% |
| Non-recurring operating charges | 66A | €53 | - | -€53 | |
| Gross operating margin | 9900 | €15,362 | €46,115 | +€30,753 | +200% |
| Operating profit (loss) | 9901 | €11,233 | €42,028 | +€30,795 | +274% |
| Financial income | 75/76B | €73 | €230 | +€157 | +214% |
| Recurring financial income | 75 | €73 | €230 | +€157 | +214% |
| Financial charges | 65/66B | €10,012 | €12,691 | +€2,679 | +26.8% |
| Recurring financial charges | 65 | €10,012 | €12,691 | +€2,679 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €1,294 | €29,567 | +€28,273 | +2,185% |
| Income taxes | 67/77 | €157 | €11,214 | +€11,057 | +7,041% |
| Profit (loss) for the period | 9904 | €1,137 | €18,352 | +€17,215 | +1,514% |
| Profit (loss) for the period to be appropriated | 9905 | €1,137 | €18,352 | +€17,215 | +1,514% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.