CITYLUX: 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.
CITYLUX
Largest movements
- Tangible fixed assets +€142,448
up €142,448 (+221%), from €64,325 to €206,773
of which Other tangible fixed assets: +€149,034
- Receivables within one year +€48,503
up €48,503 (+10.6%), from €456,910 to €505,413
of which Trade receivables: +€41,828
- Cash +€28,267
up €28,267 (+40.5%), from €69,826 to €98,093
mainly Net result for the year (+€101,505) and Debts after one year (+€82,251)
- Stocks and contracts +€11,485
up €11,485 (+8.9%), from €129,408 to €140,893
- Reserves +€101,505
up €101,505 (+65.7%), from €154,594 to €256,099
- Debts after one year +€82,251
up €82,251 (+121%), from €68,131 to €150,381
- Investment grants +€25,640
new in 2025: €25,640
- Current portion of long-term debt +€22,780
up €22,780 (+118%), from €19,377 to €42,157
- Tax, wage and social debts +€10,816
up €10,816 (+14.4%), from €74,896 to €85,712
of which Taxes: +€10,160
- Staff costs +€16,833
up €16,833 (+5.8%), from €288,617 to €305,449
- Financial charges -€13,657
down €13,657 (-34.0%), from €40,220 to €26,563
- Gross operating margin -€13,017
down €13,017 (-2.5%), from €520,851 to €507,835
- Taxes -€10,089
down €10,089 (-17.9%), from €56,264 to €46,175
- Financial income +€9,572
up €9,572 (+70.5%), from €13,586 to €23,158
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 | €786,184 | €1,010,049 | +€223,865 | +28.5% |
| Fixed assets | 21/28 | €65,078 | €207,526 | +€142,448 | +219% |
| Tangible fixed assets | 22/27 | €64,325 | €206,773 | +€142,448 | +221% |
| Plant, machinery and equipment | 23 | €25,103 | €22,679 | -€2,424 | -9.7% |
| Furniture and vehicles | 24 | €9,214 | €5,052 | -€4,162 | -45.2% |
| Other tangible fixed assets | 26 | €30,008 | €179,042 | +€149,034 | +497% |
| Financial fixed assets | 28 | €753 | €753 | = | 0.0% |
| Current assets | 29/58 | €721,107 | €802,523 | +€81,417 | +11.3% |
| Stocks and contracts in progress | 3 | €129,408 | €140,893 | +€11,485 | +8.9% |
| Stocks | 30/36 | €129,408 | €140,893 | +€11,485 | +8.9% |
| Amounts receivable within one year | 40/41 | €456,910 | €505,413 | +€48,503 | +10.6% |
| Trade receivables | 40 | €439,882 | €481,710 | +€41,828 | +9.5% |
| Other amounts receivable | 41 | €17,028 | €23,703 | +€6,675 | +39.2% |
| Current investments | 50/53 | €24,819 | €20,020 | -€4,800 | -19.3% |
| Cash at bank and in hand | 54/58 | €69,826 | €98,093 | +€28,267 | +40.5% |
| Deferred charges and accrued income | 490/1 | €40,143 | €38,105 | -€2,038 | -5.1% |
| Total equity and liabilities | 10/49 | €786,184 | €1,010,049 | +€223,865 | +28.5% |
| Equity | 10/15 | €173,194 | €300,339 | +€127,145 | +73.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €154,594 | €256,099 | +€101,505 | +65.7% |
| Distributable reserves | 133 | €154,594 | €256,099 | +€101,505 | +65.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | - | €25,640 | +€25,640 | |
| Amounts payable | 17/49 | €612,990 | €709,710 | +€96,720 | +15.8% |
| Amounts payable after more than one year | 17 | €68,131 | €150,381 | +€82,251 | +121% |
| Financial debts | 170/4 | €68,131 | €150,381 | +€82,251 | +121% |
| Amounts payable within one year | 42/48 | €520,783 | €543,836 | +€23,053 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €19,377 | €42,157 | +€22,780 | +118% |
| Trade debts | 44 | €36,143 | €35,658 | -€485 | -1.3% |
| Suppliers | 440/4 | €36,143 | €35,658 | -€485 | -1.3% |
| Taxes, remuneration and social security | 45 | €74,896 | €85,712 | +€10,816 | +14.4% |
| Taxes | 450/3 | €38,257 | €48,416 | +€10,160 | +26.6% |
| Remuneration and social security | 454/9 | €36,639 | €37,295 | +€656 | +1.8% |
| Other amounts payable | 47/48 | €390,368 | €380,309 | -€10,059 | -2.6% |
| Accrued charges and deferred income | 492/3 | €24,076 | €15,493 | -€8,583 | -35.6% |
| Non-recurring operating income | 76A | €0 | €1,312 | +€1,312 | |
| Remuneration, social security and pensions | 62 | €288,617 | €305,449 | +€16,833 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,139 | €30,931 | +€8,792 | +39.7% |
| Other operating charges | 640/8 | €19,000 | €20,370 | +€1,369 | +7.2% |
| Gross operating margin | 9900 | €520,851 | €507,835 | -€13,017 | -2.5% |
| Operating profit (loss) | 9901 | €191,095 | €151,085 | -€40,011 | -20.9% |
| Financial income | 75/76B | €13,586 | €23,158 | +€9,572 | +70.5% |
| Recurring financial income | 75 | €13,586 | €23,158 | +€9,572 | +70.5% |
| Financial charges | 65/66B | €40,220 | €26,563 | -€13,657 | -34.0% |
| Recurring financial charges | 65 | €40,220 | €26,563 | -€13,657 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €164,461 | €147,679 | -€16,782 | -10.2% |
| Income taxes | 67/77 | €56,264 | €46,175 | -€10,089 | -17.9% |
| Profit (loss) for the period | 9904 | €108,197 | €101,505 | -€6,692 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €108,197 | €101,505 | -€6,692 | -6.2% |
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 19 October 2026 via checked.be.