Citycomfort: what changed
What changed
Citycomfort
NACE 68.122, Development of non-residential building projects
filed annual accounts (NBB)
Net result for the year
€4,121
2023 · €6,080-€1,959
Equity
€118,089
2023 · €113,968+€4,121
Cash
€4,518
2023 · €1,125+€3,392
Balance sheet total
€743,352
2023 · €727,689+€15,663
Largest movements
Assets
- Receivables within one year +€36,547
up €36,547 (+34.5%), from €106,028 to €142,574
of which Trade receivables: +€21,380
- Tangible fixed assets -€24,277
down €24,277 (-3.9%), from €620,537 to €596,260
of which Land and buildings: -€23,084
Equity and liabilities
- Other debts +€51,520
up €51,520 (+48.8%), from €105,565 to €157,085
- Debts after one year -€46,139
down €46,139 (-11.3%), from €408,160 to €362,021
- Tax, wage and social debts +€11,505
up €11,505 (+32.2%), from €35,689 to €47,194
of which Remuneration and social security: +€11,086
- Accrued charges and deferred income -€8,321
down €8,321 (-100%), from €8,321 to €0
Income statement
- Gross operating margin -€12,094
down €12,094 (-7.5%), from €161,946 to €149,852
- Other operating charges -€8,649
down €8,649 (-63.0%), from €13,739 to €5,089
- Depreciation +€3,798
up €3,798 (+10.5%), from €36,079 to €39,877
- Staff costs -€3,788
down €3,788 (-4.3%), from €88,190 to €84,403
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€6,080
Gross operating margin
-€12,094
Staff costs
+€3,788
Depreciation
-€3,798
Other operating charges
+€8,649
Financial income
-€100
Financial charges
+€1,589
Taxes
+€7
Result 2024
€4,121
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€63,883
Investment
-€15,600
Financing
-€44,891
Cash 2023
€1,125
From operations (derived)
+€63,883
Net result for the year
+€4,121
Depreciation
+€39,877
Receivables within one year
-€36,547
Trade debts
+€1,729
Tax, wage and social debts
+€11,505
Other debts
+€51,520
Accrued charges and deferred income
-€8,321
Investment (derived)
-€15,600
Investment in fixed assets (net)
-€15,600
Financing
-€44,891
Debts after one year
-€46,139
Current portion of long-term debt
+€1,248
Cash 2024
€4,518
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €727,689 | €743,352 | +€15,663 | +2.2% |
| Fixed assets | 21/28 | €620,537 | €596,260 | -€24,277 | -3.9% |
| Tangible fixed assets | 22/27 | €620,537 | €596,260 | -€24,277 | -3.9% |
| Land and buildings | 22 | €617,545 | €594,461 | -€23,084 | -3.7% |
| Plant, machinery and equipment | 23 | €1,900 | €1,219 | -€682 | -35.9% |
| Furniture and vehicles | 24 | €1,092 | €580 | -€511 | -46.9% |
| Current assets | 29/58 | €107,153 | €147,092 | +€39,939 | +37.3% |
| Amounts receivable within one year | 40/41 | €106,028 | €142,574 | +€36,547 | +34.5% |
| Trade receivables | 40 | €106,028 | €127,408 | +€21,380 | +20.2% |
| Other amounts receivable | 41 | €0 | €15,167 | +€15,167 | |
| Cash at bank and in hand | 54/58 | €1,125 | €4,518 | +€3,392 | +301% |
| Total equity and liabilities | 10/49 | €727,689 | €743,352 | +€15,663 | +2.2% |
| Equity | 10/15 | €113,968 | €118,089 | +€4,121 | +3.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €51,968 | €56,089 | +€4,121 | +7.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €45,768 | €49,889 | +€4,121 | +9.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €613,722 | €625,263 | +€11,541 | +1.9% |
| Amounts payable after more than one year | 17 | €408,160 | €362,021 | -€46,139 | -11.3% |
| Financial debts | 170/4 | €408,160 | €362,021 | -€46,139 | -11.3% |
| Amounts payable within one year | 42/48 | €197,240 | €263,242 | +€66,002 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €44,891 | €46,139 | +€1,248 | +2.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,095 | €12,824 | +€1,729 | +15.6% |
| Suppliers | 440/4 | €11,095 | €12,824 | +€1,729 | +15.6% |
| Taxes, remuneration and social security | 45 | €35,689 | €47,194 | +€11,505 | +32.2% |
| Taxes | 450/3 | €25,733 | €26,151 | +€419 | +1.6% |
| Remuneration and social security | 454/9 | €9,956 | €21,042 | +€11,086 | +111% |
| Other amounts payable | 47/48 | €105,565 | €157,085 | +€51,520 | +48.8% |
| Accrued charges and deferred income | 492/3 | €8,321 | €0 | -€8,321 | -100% |
| Remuneration, social security and pensions | 62 | €88,190 | €84,403 | -€3,788 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,079 | €39,877 | +€3,798 | +10.5% |
| Other operating charges | 640/8 | €13,739 | €5,089 | -€8,649 | -63.0% |
| Gross operating margin | 9900 | €161,946 | €149,852 | -€12,094 | -7.5% |
| Operating profit (loss) | 9901 | €23,938 | €20,483 | -€3,455 | -14.4% |
| Financial income | 75/76B | €100 | €0 | -€100 | -100.0% |
| Recurring financial income | 75 | €100 | €0 | -€100 | -100.0% |
| Financial charges | 65/66B | €15,041 | €13,452 | -€1,589 | -10.6% |
| Recurring financial charges | 65 | €15,041 | €13,452 | -€1,589 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €8,997 | €7,031 | -€1,966 | -21.9% |
| Income taxes | 67/77 | €2,917 | €2,910 | -€7 | -0.2% |
| Profit (loss) for the period | 9904 | €6,080 | €4,121 | -€1,959 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,080 | €4,121 | -€1,959 | -32.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.