Citymesh Mobile: 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.
Citymesh Mobile
Largest movements
- Receivables within one year +€23.5m
up €23.5m (+625%), from €3.8m to €27.2m
of which Other amounts receivable: +€14.7m
- Intangible fixed assets -€7.3m
down €7.3m (-6.3%), from €116.6m to €109.3m
- Debts after one year +€60.5m
up €60.5m (+61.4%), from €98.5m to €159.0m
of which Financial debts: +€67.4m
- Short-term financial debts -€54.5m
down €54.5m (-100%), from €54.5m to €0
- Other debts +€25.3m
up €25.3m (+16,401%), from €154,389 to €25.5m
- Profit (loss) carried forward -€12.7m
down €12.7m (-28.7%), from -€44.3m to -€57.1m
- Accrued charges and deferred income -€2.4m
down €2.4m (-58.5%), from €4.2m to €1.7m
- Gross operating margin +€8.2m
up €8.2m, from -€5.9m to €2.3m
- Financial charges -€1.5m
down €1.5m (-15.6%), from €9.6m to €8.1m
- Financial income -€217,866
down €217,866 (-36.0%), from €604,693 to €386,827
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 | €126,980,657 | €143,096,385 | +€16.1m | +12.7% |
| Formation expenses | 20 | €637 | €353 | -€284 | -44.6% |
| Fixed assets | 21/28 | €118,570,840 | €111,267,667 | -€7.3m | -6.2% |
| Intangible fixed assets | 21 | €116,570,840 | €109,267,667 | -€7.3m | -6.3% |
| Financial fixed assets | 28 | €2,000,000 | €2,000,000 | = | 0.0% |
| Current assets | 29/58 | €8,409,180 | €31,828,366 | +€23.4m | +278% |
| Amounts receivable within one year | 40/41 | €3,757,620 | €27,236,240 | +€23.5m | +625% |
| Trade receivables | 40 | - | €8,818,587 | +€8.8m | |
| Other amounts receivable | 41 | €3,757,620 | €18,417,653 | +€14.7m | +390% |
| Cash at bank and in hand | 54/58 | €6,616 | €201,272 | +€194,656 | +2,942% |
| Deferred charges and accrued income | 490/1 | €4,644,944 | €4,390,854 | -€254,091 | -5.5% |
| Total equity and liabilities | 10/49 | €126,980,657 | €143,096,385 | +€16.1m | +12.7% |
| Equity | 10/15 | -€37,326,826 | -€50,066,015 | -€12.7m | -34.1% |
| Contributions | 10/11 | €7,000,000 | €7,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000,000 | €5,000,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000,000 | €5,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,326,826 | -€57,066,015 | -€12.7m | -28.7% |
| Amounts payable | 17/49 | €164,307,482 | €193,162,400 | +€28.9m | +17.6% |
| Amounts payable after more than one year | 17 | €98,501,325 | €158,993,010 | +€60.5m | +61.4% |
| Financial debts | 170/4 | - | €67,411,873 | +€67.4m | |
| Other amounts payable | 178/9 | €98,501,325 | €91,581,137 | -€6.9m | -7.0% |
| Amounts payable within one year | 42/48 | €61,653,202 | €32,447,847 | -€29.2m | -47.4% |
| Current portion of amounts payable after more than one year | 42 | €6,920,188 | €6,920,188 | = | 0.0% |
| Financial debts | 43 | €54,522,780 | €0 | -€54.5m | -100% |
| Other loans | 439 | €54,522,780 | €0 | -€54.5m | -100% |
| Trade debts | 44 | €55,845 | €52,018 | -€3,827 | -6.9% |
| Suppliers | 440/4 | €55,845 | €52,018 | -€3,827 | -6.9% |
| Other amounts payable | 47/48 | €154,389 | €25,475,641 | +€25.3m | +16,401% |
| Accrued charges and deferred income | 492/3 | €4,152,955 | €1,721,543 | -€2.4m | -58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,306,717 | €7,303,457 | -€3,260 | 0.0% |
| Other operating charges | 640/8 | €968 | €749 | -€219 | -22.6% |
| Gross operating margin | 9900 | -€5,865,928 | €2,321,589 | +€8.2m | |
| Operating profit (loss) | 9901 | -€13,173,612 | -€4,982,617 | +€8.2m | +62.2% |
| Financial income | 75/76B | €604,693 | €386,827 | -€217,866 | -36.0% |
| Recurring financial income | 75 | €604,693 | €386,827 | -€217,866 | -36.0% |
| Financial charges | 65/66B | €9,645,418 | €8,143,400 | -€1.5m | -15.6% |
| Recurring financial charges | 65 | €9,645,418 | €8,143,400 | -€1.5m | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,214,336 | -€12,739,190 | +€9.5m | +42.7% |
| Profit (loss) for the period | 9904 | -€22,214,336 | -€12,739,190 | +€9.5m | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,214,336 | -€12,739,190 | +€9.5m | +42.7% |
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 29 October 2026 via checked.be.