CITYBUILD: 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.
CITYBUILD
Largest movements
- Stocks and contracts -€153,197
down €153,197 (-77.0%), from €198,932 to €45,735
- Receivables within one year +€50,330
up €50,330 (+16.1%), from €312,496 to €362,826
of which Trade receivables: +€51,955
- Tangible fixed assets +€30,781
up €30,781 (+135%), from €22,814 to €53,595
of which Furniture and vehicles: +€36,833
- Debts after one year -€154,008
down €154,008 (-71.8%), from €214,509 to €60,501
- Trade debts +€55,515
up €55,515 (+23.4%), from €237,143 to €292,658
- Short-term financial debts +€27,498
new in 2024: €27,498
- Tax, wage and social debts -€13,573
down €13,573 (-64.8%), from €20,945 to €7,372
- Financial charges -€13,105
down €13,105 (-51.4%), from €25,488 to €12,383
- Gross operating margin -€11,695
down €11,695 (-25.7%), from €45,444 to €33,749
- Financial income -€3,481
down €3,481 (-76.6%), from €4,546 to €1,065
- Depreciation +€2,980
up €2,980 (+39.5%), from €7,539 to €10,519
- Taxes +€2,561
up €2,561 (+225%), from €1,136 to €3,697
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 | €594,673 | €513,364 | -€81,309 | -13.7% |
| Fixed assets | 21/28 | €37,701 | €65,482 | +€27,781 | +73.7% |
| Intangible fixed assets | 21 | €14,737 | €11,737 | -€3,000 | -20.4% |
| Tangible fixed assets | 22/27 | €22,814 | €53,595 | +€30,781 | +135% |
| Plant, machinery and equipment | 23 | €2,139 | €2,237 | +€98 | +4.6% |
| Furniture and vehicles | 24 | €558 | €37,391 | +€36,833 | +6,601% |
| Leasing and similar rights | 25 | €20,117 | €13,967 | -€6,150 | -30.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €556,972 | €447,882 | -€109,090 | -19.6% |
| Stocks and contracts in progress | 3 | €198,932 | €45,735 | -€153,197 | -77.0% |
| Stocks | 30/36 | €198,932 | €45,735 | -€153,197 | -77.0% |
| Amounts receivable within one year | 40/41 | €312,496 | €362,826 | +€50,330 | +16.1% |
| Trade receivables | 40 | €238,227 | €290,182 | +€51,955 | +21.8% |
| Other amounts receivable | 41 | €74,269 | €72,644 | -€1,625 | -2.2% |
| Cash at bank and in hand | 54/58 | €37,339 | €34,504 | -€2,835 | -7.6% |
| Deferred charges and accrued income | 490/1 | €8,205 | €4,817 | -€3,388 | -41.3% |
| Total equity and liabilities | 10/49 | €594,673 | €513,364 | -€81,309 | -13.7% |
| Equity | 10/15 | €115,301 | €119,327 | +€4,026 | +3.5% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €81,738 | €84,327 | +€2,589 | +3.2% |
| Distributable reserves | 133 | €81,738 | €84,327 | +€2,589 | +3.2% |
| Profit (loss) carried forward | 14 | -€1,437 | - | +€1,437 | |
| Amounts payable | 17/49 | €479,372 | €394,037 | -€85,335 | -17.8% |
| Amounts payable after more than one year | 17 | €214,509 | €60,501 | -€154,008 | -71.8% |
| Financial debts | 170/4 | €214,509 | €60,501 | -€154,008 | -71.8% |
| Amounts payable within one year | 42/48 | €263,933 | €333,536 | +€69,603 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €5,845 | €6,008 | +€163 | +2.8% |
| Financial debts | 43 | - | €27,498 | +€27,498 | |
| Credit institutions | 430/8 | - | €27,498 | +€27,498 | |
| Trade debts | 44 | €237,143 | €292,658 | +€55,515 | +23.4% |
| Suppliers | 440/4 | €237,143 | €292,658 | +€55,515 | +23.4% |
| Taxes, remuneration and social security | 45 | €20,945 | €7,372 | -€13,573 | -64.8% |
| Taxes | 450/3 | €20,945 | €7,372 | -€13,573 | -64.8% |
| Accrued charges and deferred income | 492/3 | €930 | - | -€930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,539 | €10,519 | +€2,980 | +39.5% |
| Other operating charges | 640/8 | €3,997 | €4,189 | +€192 | +4.8% |
| Non-recurring operating charges | 66A | €16,801 | - | -€16,801 | |
| Gross operating margin | 9900 | €45,444 | €33,749 | -€11,695 | -25.7% |
| Operating profit (loss) | 9901 | €17,107 | €19,041 | +€1,934 | +11.3% |
| Financial income | 75/76B | €4,546 | €1,065 | -€3,481 | -76.6% |
| Recurring financial income | 75 | €4,546 | €1,065 | -€3,481 | -76.6% |
| Financial charges | 65/66B | €25,488 | €12,383 | -€13,105 | -51.4% |
| Recurring financial charges | 65 | €25,488 | €12,383 | -€13,105 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,835 | €7,723 | +€11,558 | |
| Income taxes | 67/77 | €1,136 | €3,697 | +€2,561 | +225% |
| Profit (loss) for the period | 9904 | -€4,971 | €4,026 | +€8,997 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,971 | €4,026 | +€8,997 |
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.