Citymesh Navigator: 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 Navigator
Largest movements
- Receivables within one year +€2.7m
new in 2024: €2.7m
- Receivables after one year -€1.1m
down €1.1m (-100%), from €1.1m to €0
- Other debts +€1.5m
new in 2024: €1.5m
- Accrued charges and deferred income +€228,569
up €228,569 (+627,764%), from €36 to €228,605
- Profit (loss) carried forward -€221,824
down €221,824 (-172%), from -€129,192 to -€351,016
- Financial charges +€117,568
up €117,568 (+114%), from €102,895 to €220,463
- Financial income -€18,881
down €18,881 (-67.8%), from €27,831 to €8,950
- Gross operating margin +€11,923
up €11,923 (+54.8%), from -€21,742 to -€9,819
- Other operating charges -€4,213
down €4,213 (-89.5%), from €4,705 to €492
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,549,276 | €5,123,911 | +€1.6m | +44.4% |
| Fixed assets | 21/28 | €2,415,000 | €2,415,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,415,000 | €2,415,000 | = | 0.0% |
| Current assets | 29/58 | €1,134,276 | €2,708,911 | +€1.6m | +139% |
| Amounts receivable after more than one year | 29 | €1,070,000 | €0 | -€1.1m | -100% |
| Other amounts receivable | 291 | €1,070,000 | €0 | -€1.1m | -100% |
| Amounts receivable within one year | 40/41 | - | €2,692,050 | +€2.7m | |
| Other amounts receivable | 41 | - | €2,692,050 | +€2.7m | |
| Cash at bank and in hand | 54/58 | €36,445 | €7,912 | -€28,533 | -78.3% |
| Deferred charges and accrued income | 490/1 | €27,831 | €8,950 | -€18,881 | -67.8% |
| Total equity and liabilities | 10/49 | €3,549,276 | €5,123,911 | +€1.6m | +44.4% |
| Equity | 10/15 | -€9,391 | -€231,215 | -€221,824 | -2,362% |
| Contributions | 10/11 | €64,524 | €64,524 | = | 0.0% |
| Capital | 10 | €64,524 | €64,524 | = | 0.0% |
| Issued capital | 100 | €64,524 | €64,524 | = | 0.0% |
| Reserves | 13 | €412 | €412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €412 | €412 | = | 0.0% |
| Legal reserve | 130 | €412 | €412 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,192 | -€351,016 | -€221,824 | -172% |
| Investment grants | 15 | €54,864 | €54,864 | = | 0.0% |
| Amounts payable | 17/49 | €3,558,667 | €5,355,126 | +€1.8m | +50.5% |
| Amounts payable after more than one year | 17 | €3,532,688 | €3,532,688 | = | 0.0% |
| Financial debts | 170/4 | €3,532,688 | €3,532,688 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,943 | €1,593,833 | +€1.6m | +6,044% |
| Financial debts | 43 | - | €27,799 | +€27,799 | |
| Credit institutions | 430/8 | - | €27,799 | +€27,799 | |
| Trade debts | 44 | €25,943 | €22,859 | -€3,085 | -11.9% |
| Suppliers | 440/4 | €25,943 | €22,859 | -€3,085 | -11.9% |
| Other amounts payable | 47/48 | - | €1,543,175 | +€1.5m | |
| Accrued charges and deferred income | 492/3 | €36 | €228,605 | +€228,569 | +627,764% |
| Other operating charges | 640/8 | €4,705 | €492 | -€4,213 | -89.5% |
| Non-recurring operating charges | 66A | €1,230 | €0 | -€1,230 | -100% |
| Gross operating margin | 9900 | -€21,742 | -€9,819 | +€11,923 | +54.8% |
| Operating profit (loss) | 9901 | -€27,677 | -€10,311 | +€17,366 | +62.7% |
| Financial income | 75/76B | €27,831 | €8,950 | -€18,881 | -67.8% |
| Recurring financial income | 75 | €27,831 | €8,950 | -€18,881 | -67.8% |
| Financial charges | 65/66B | €102,895 | €220,463 | +€117,568 | +114% |
| Recurring financial charges | 65 | €102,895 | €220,463 | +€117,568 | +114% |
| Profit (loss) for the period before taxes | 9903 | -€102,741 | -€221,824 | -€119,083 | -116% |
| Profit (loss) for the period | 9904 | -€102,741 | -€221,824 | -€119,083 | -116% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,741 | -€221,824 | -€119,083 | -116% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.