Cityhouse: 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.
Cityhouse
Largest movements
- Tangible fixed assets +€341,181
up €341,181 (+79.2%), from €430,934 to €772,115
of which Land and buildings: +€363,436
- Cash -€71,886
down €71,886 (-36.3%), from €198,243 to €126,356
mainly Investment in fixed assets (net) (-€398,871) and Contributions, distributions and other (-€28,946)
- Receivables within one year +€25,001
up €25,001 (+34.3%), from €72,949 to €97,950
of which Trade receivables: +€23,820
- Debts after one year +€237,712
up €237,712 (+119%), from €199,299 to €437,011
- Trade debts +€38,657
up €38,657 (+47.1%), from €82,035 to €120,692
- Current portion of long-term debt +€25,446
up €25,446 (+38.8%), from €65,634 to €91,080
- Other operating charges +€47,740
up €47,740 (+763%), from €6,257 to €53,997
- Gross operating margin +€47,263
up €47,263 (+26.5%), from €178,352 to €225,615
- Financial charges +€5,821
up €5,821 (+63.0%), from €9,241 to €15,062
- Depreciation +€3,495
up €3,495 (+6.4%), from €54,195 to €57,690
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 | €914,230 | €1,207,268 | +€293,038 | +32.1% |
| Fixed assets | 21/28 | €431,795 | €772,976 | +€341,181 | +79.0% |
| Tangible fixed assets | 22/27 | €430,934 | €772,115 | +€341,181 | +79.2% |
| Land and buildings | 22 | €373,429 | €736,865 | +€363,436 | +97.3% |
| Plant, machinery and equipment | 23 | €6,246 | €4,704 | -€1,542 | -24.7% |
| Furniture and vehicles | 24 | €51,258 | €30,546 | -€20,713 | -40.4% |
| Financial fixed assets | 28 | €861 | €861 | = | 0.0% |
| Current assets | 29/58 | €482,435 | €434,292 | -€48,143 | -10.0% |
| Stocks and contracts in progress | 3 | €205,125 | €202,036 | -€3,089 | -1.5% |
| Stocks | 30/36 | €205,125 | €202,036 | -€3,089 | -1.5% |
| Amounts receivable within one year | 40/41 | €72,949 | €97,950 | +€25,001 | +34.3% |
| Trade receivables | 40 | €61,417 | €85,236 | +€23,820 | +38.8% |
| Other amounts receivable | 41 | €11,533 | €12,714 | +€1,181 | +10.2% |
| Cash at bank and in hand | 54/58 | €198,243 | €126,356 | -€71,886 | -36.3% |
| Deferred charges and accrued income | 490/1 | €6,118 | €7,949 | +€1,831 | +29.9% |
| Total equity and liabilities | 10/49 | €914,230 | €1,207,268 | +€293,038 | +32.1% |
| Equity | 10/15 | €501,270 | €497,447 | -€3,822 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €2,964 | €2,964 | = | 0.0% |
| Reserves | 13 | €479,706 | €475,883 | -€3,822 | -0.8% |
| Tax-exempt reserves | 132 | €76 | €76 | = | 0.0% |
| Distributable reserves | 133 | €479,630 | €475,807 | -€3,822 | -0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €412,960 | €709,821 | +€296,860 | +71.9% |
| Amounts payable after more than one year | 17 | €199,299 | €437,011 | +€237,712 | +119% |
| Financial debts | 170/4 | €199,299 | €437,011 | +€237,712 | +119% |
| Amounts payable within one year | 42/48 | €213,286 | €272,809 | +€59,523 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €65,634 | €91,080 | +€25,446 | +38.8% |
| Financial debts | 43 | €20,833 | €20,889 | +€56 | +0.3% |
| Credit institutions | 430/8 | €20,833 | €20,889 | +€56 | +0.3% |
| Trade debts | 44 | €82,035 | €120,692 | +€38,657 | +47.1% |
| Suppliers | 440/4 | €82,035 | €120,692 | +€38,657 | +47.1% |
| Advances received on contracts in progress | 46 | - | €8,995 | +€8,995 | |
| Taxes, remuneration and social security | 45 | €23,685 | €20,433 | -€3,252 | -13.7% |
| Taxes | 450/3 | €15,097 | €16,083 | +€986 | +6.5% |
| Remuneration and social security | 454/9 | €8,589 | €4,351 | -€4,238 | -49.3% |
| Other amounts payable | 47/48 | €21,099 | €10,719 | -€10,379 | -49.2% |
| Accrued charges and deferred income | 492/3 | €375 | €0 | -€375 | -100% |
| Remuneration, social security and pensions | 62 | €63,556 | €62,196 | -€1,360 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,195 | €57,690 | +€3,495 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €6,257 | €53,997 | +€47,740 | +763% |
| Gross operating margin | 9900 | €178,352 | €225,615 | +€47,263 | +26.5% |
| Operating profit (loss) | 9901 | €54,345 | €51,732 | -€2,613 | -4.8% |
| Financial income | 75/76B | €116 | €739 | +€624 | +539% |
| Recurring financial income | 75 | €116 | €739 | +€624 | +539% |
| Financial charges | 65/66B | €9,241 | €15,062 | +€5,821 | +63.0% |
| Recurring financial charges | 65 | €9,241 | €15,062 | +€5,821 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €45,219 | €37,410 | -€7,810 | -17.3% |
| Income taxes | 67/77 | €14,120 | €12,286 | -€1,833 | -13.0% |
| Profit (loss) for the period | 9904 | €31,100 | €25,123 | -€5,976 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,100 | €25,123 | -€5,976 | -19.2% |
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 22 October 2026 via checked.be.