CityCubes: 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.
CityCubes
Largest movements
- Cash +€592,211
up €592,211 (+159.5%), from €371,405 to €963,616
mainly Net result for the year (+€484,266) and Receivables within one year (+€329,092)
- Receivables within one year -€329,092
down €329,092 (-24.1%), from €1.4m to €1.0m
of which Trade receivables: -€304,919
- Deferred charges and accrued income -€218,420
down €218,420 (-94.8%), from €230,522 to €12,101
- Debts after one year -€203,628
down €203,628 (-35.8%), from €569,281 to €365,653
- Profit (loss) carried forward +€184,266
up €184,266 (+75.0%), from €245,568 to €429,834
- Other debts +€117,465
up €117,465 (+30.8%), from €381,676 to €499,141
- Reserves -€101,879
down €101,879 (-10.0%), from €1.0m to €915,713
of which Distributable reserves: -€101,879
- Tax, wage and social debts -€69,869
down €69,869 (-47.9%), from €145,725 to €75,856
of which Taxes: -€86,046
- Staff costs +€151,619
up €151,619 (+24.0%), from €631,600 to €783,219
- Gross operating margin +€49,026
up €49,026 (+3.6%), from €1.4m to €1.4m
- Financial charges -€33,233
down €33,233 (-42.2%), from €78,659 to €45,426
of which Financial charges: -€43,233
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.
Cash bridge derived
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 | €3,662,197 | €3,678,384 | +€16,187 | +0.4% |
| Fixed assets | 21/28 | €1,193,764 | €1,165,252 | -€28,512 | -2.4% |
| Tangible fixed assets | 22/27 | €60,873 | €40,413 | -€20,460 | -33.6% |
| Plant, machinery and equipment | 23 | €2,989 | €4,378 | +€1,389 | +46.5% |
| Furniture and vehicles | 24 | €57,883 | €36,035 | -€21,848 | -37.7% |
| Financial fixed assets | 28 | €1,132,891 | €1,124,839 | -€8,052 | -0.7% |
| Current assets | 29/58 | €2,468,433 | €2,513,132 | +€44,699 | +1.8% |
| Amounts receivable within one year | 40/41 | €1,366,506 | €1,037,415 | -€329,092 | -24.1% |
| Trade receivables | 40 | €1,228,095 | €923,176 | -€304,919 | -24.8% |
| Other amounts receivable | 41 | €138,411 | €114,238 | -€24,173 | -17.5% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €371,405 | €963,616 | +€592,211 | +159.5% |
| Deferred charges and accrued income | 490/1 | €230,522 | €12,101 | -€218,420 | -94.8% |
| Total equity and liabilities | 10/49 | €3,662,197 | €3,678,384 | +€16,187 | +0.4% |
| Equity | 10/15 | €1,281,760 | €1,364,147 | +€82,387 | +6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,017,592 | €915,713 | -€101,879 | -10.0% |
| Non-distributable reserves | 130/1 | €500,000 | €500,000 | = | 0.0% |
| Own shares acquired | 1312 | €500,000 | €500,000 | = | 0.0% |
| Distributable reserves | 133 | €517,592 | €415,713 | -€101,879 | -19.7% |
| Profit (loss) carried forward | 14 | €245,568 | €429,834 | +€184,266 | +75.0% |
| Amounts payable | 17/49 | €2,380,437 | €2,314,237 | -€66,200 | -2.8% |
| Amounts payable after more than one year | 17 | €569,281 | €365,653 | -€203,628 | -35.8% |
| Financial debts | 170/4 | €569,281 | €365,653 | -€203,628 | -35.8% |
| Amounts payable within one year | 42/48 | €1,658,911 | €1,770,890 | +€111,979 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €196,528 | €203,628 | +€7,100 | +3.6% |
| Financial debts | 43 | €2,072 | €67,012 | +€64,940 | +3134.0% |
| Credit institutions | 430/8 | €2,072 | €67,012 | +€64,940 | +3134.0% |
| Trade debts | 44 | €932,397 | €925,253 | -€7,144 | -0.8% |
| Suppliers | 440/4 | €932,397 | €925,253 | -€7,144 | -0.8% |
| Advances received on contracts in progress | 46 | €512 | €0 | -€512 | -100.0% |
| Taxes, remuneration and social security | 45 | €145,725 | €75,856 | -€69,869 | -47.9% |
| Taxes | 450/3 | €86,306 | €260 | -€86,046 | -99.7% |
| Remuneration and social security | 454/9 | €59,419 | €75,596 | +€16,177 | +27.2% |
| Other amounts payable | 47/48 | €381,676 | €499,141 | +€117,465 | +30.8% |
| Accrued charges and deferred income | 492/3 | €152,245 | €177,694 | +€25,449 | +16.7% |
| Remuneration, social security and pensions | 62 | €631,600 | €783,219 | +€151,619 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,039 | €24,891 | +€852 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,231 | €3,020 | +€789 | +35.4% |
| Gross operating margin | 9900 | €1,377,638 | €1,426,664 | +€49,026 | +3.6% |
| Operating profit (loss) | 9901 | €719,768 | €615,534 | -€104,234 | -14.5% |
| Financial income | 75/76B | €4,986 | €1,982 | -€3,004 | -60.2% |
| Recurring financial income | 75 | €4,986 | €1,982 | -€3,004 | -60.2% |
| Financial charges | 65/66B | €78,659 | €45,426 | -€33,233 | -42.2% |
| Recurring financial charges | 65 | €78,659 | €35,426 | -€43,233 | -55.0% |
| Non-recurring financial charges | 66B | - | €10,000 | +€10,000 | |
| Profit (loss) for the period before taxes | 9903 | €646,095 | €572,090 | -€74,005 | -11.5% |
| Income taxes | 67/77 | €100,526 | €87,824 | -€12,702 | -12.6% |
| Profit (loss) for the period | 9904 | €545,568 | €484,266 | -€61,302 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €545,568 | €484,266 | -€61,302 | -11.2% |
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 12 October 2026 via checked.be.