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Citylink Construct: what changed

Two fiscal 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.

What changed

Citylink Construct

BE 0847.183.152
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€8,193
2023 · -€9,297+€1,103
Equity
-€390,250
2023 · -€382,056-€8,193
Cash
€246
2023 · €26,102-€25,857
Balance sheet total
€6.0m
2023 · €6.1m-€12,514

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Gross operating margin -€2,100

        down €2,100 (-1702.8%), from -€123 to -€2,223

      • Financial charges -€1,475

        down €1,475 (-21.3%), from €6,917 to €5,442

      • Other operating charges -€564

        down €564 (-51.7%), from €1,092 to €528

      From the 2023 result to the 2024 result

      effect on the 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.

      Result 2023 -€9,297
      Gross operating margin -€2,100
      Other operating charges +€564
      Other operating items +€1,165
      Financial income -€1
      Financial charges +€1,475
      Result 2024 -€8,193

      Cash bridge derived

      cash 2023 to 2024

      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.

      From operations -€25,857
      Investment €0
      Financing €0
      Cash 2023 €26,102
      Net result for the year -€8,193
      Stocks and contracts -€9,708
      Receivables within one year -€3,634
      Trade debts -€2,521
      Other debts -€1,800
      Cash 2024 €246
      Every line side by side 31 lines
      Line Code 2023 2024 Change %
      Total assets 20/58 €6,054,647 €6,042,133 -€12,514 -0.2%
      Current assets 29/58 €6,054,647 €6,042,133 -€12,514 -0.2%
      Stocks and contracts in progress 3 €4,532,115 €4,541,823 +€9,708 +0.2%
      Contracts in progress 37 €4,532,115 €4,541,823 +€9,708 +0.2%
      Amounts receivable within one year 40/41 €1,496,260 €1,499,895 +€3,634 +0.2%
      Trade receivables 40 €1,359,070 €1,359,070 = 0.0%
      Other amounts receivable 41 €137,190 €140,825 +€3,634 +2.6%
      Cash at bank and in hand 54/58 €26,102 €246 -€25,857 -99.1%
      Deferred charges and accrued income 490/1 €170 €170 = 0.0%
      Total equity and liabilities 10/49 €6,054,647 €6,042,133 -€12,514 -0.2%
      Equity 10/15 -€382,056 -€390,250 -€8,193 -2.1%
      Contributions 10/11 €18,600 €18,600 = 0.0%
      Profit (loss) carried forward 14 -€400,656 -€408,850 -€8,193 -2.0%
      Amounts payable 17/49 €6,436,703 €6,432,383 -€4,321 -0.1%
      Amounts payable within one year 42/48 €6,436,703 €6,432,383 -€4,321 -0.1%
      Trade debts 44 €17,305 €14,784 -€2,521 -14.6%
      Suppliers 440/4 €17,305 €14,784 -€2,521 -14.6%
      Advances received on contracts in progress 46 €4,677,309 €4,677,309 = 0.0%
      Other amounts payable 47/48 €1,742,089 €1,740,289 -€1,800 -0.1%
      Non-recurring operating income 76A €189 €0 -€189 -100.0%
      Other operating charges 640/8 €1,092 €528 -€564 -51.7%
      Non-recurring operating charges 66A €1,165 €0 -€1,165 -100.0%
      Gross operating margin 9900 -€123 -€2,223 -€2,100 -1702.8%
      Operating profit (loss) 9901 -€2,380 -€2,751 -€371 -15.6%
      Financial income 75/76B €1 €0 -€1 -100.0%
      Recurring financial income 75 €1 €0 -€1 -100.0%
      Financial charges 65/66B €6,917 €5,442 -€1,475 -21.3%
      Recurring financial charges 65 €6,917 €5,442 -€1,475 -21.3%
      Profit (loss) for the period before taxes 9903 -€9,297 -€8,193 +€1,103 +11.9%
      Profit (loss) for the period 9904 -€9,297 -€8,193 +€1,103 +11.9%
      Profit (loss) for the period to be appropriated 9905 -€9,297 -€8,193 +€1,103 +11.9%

      Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.