CITYTOOLS: 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.
CITYTOOLS
Largest movements
- Tangible fixed assets +€269,618
up €269,618 (+43.8%), from €616,019 to €885,637
of which Land and buildings: +€283,740
- Cash -€132,037
down €132,037 (-89.7%), from €147,280 to €15,243
mainly Investment in fixed assets (net) (-€306,417) and Tax, wage and social debts (-€66,045)
- Receivables within one year -€62,683
down €62,683 (-51.6%), from €121,422 to €58,739
of which Trade receivables: -€63,711
- Debts after one year +€144,961
up €144,961 (+28.0%), from €517,318 to €662,279
- Tax, wage and social debts -€66,045
down €66,045 (-86.6%), from €76,269 to €10,224
of which Taxes: -€66,045
- Other debts -€41,937
down €41,937 (-62.0%), from €67,607 to €25,670
- Current portion of long-term debt +€24,075
up €24,075 (+27.7%), from €86,770 to €110,845
- Reserves +€13,740
up €13,740 (+61.2%), from €22,464 to €36,204
of which Distributable reserves: +€13,740
- Turnover -€99,296
down €99,296 (-10.8%), from €915,531 to €816,235
- Gross operating margin -€44,257
down €44,257 (-27.6%), from €160,557 to €116,300
- Taxes -€36,129
down €36,129 (-69.8%), from €51,757 to €15,628
- Financial charges +€27,717
up €27,717 (+226.6%), from €12,231 to €39,949
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.
Cash bridge derived
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 | €889,348 | €965,867 | +€76,519 | +8.6% |
| Fixed assets | 21/28 | €616,384 | €886,002 | +€269,618 | +43.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €616,019 | €885,637 | +€269,618 | +43.8% |
| Land and buildings | 22 | €594,049 | €877,789 | +€283,740 | +47.8% |
| Furniture and vehicles | 24 | €19,491 | €7,848 | -€11,643 | -59.7% |
| Other tangible fixed assets | 26 | €2,479 | €0 | -€2,479 | -100.0% |
| Financial fixed assets | 28 | €365 | €365 | = | 0.0% |
| Current assets | 29/58 | €272,964 | €79,865 | -€193,099 | -70.7% |
| Amounts receivable within one year | 40/41 | €121,422 | €58,739 | -€62,683 | -51.6% |
| Trade receivables | 40 | €109,065 | €45,354 | -€63,711 | -58.4% |
| Other amounts receivable | 41 | €12,357 | €13,384 | +€1,028 | +8.3% |
| Current investments | 50/53 | - | €1,422 | +€1,422 | |
| Cash at bank and in hand | 54/58 | €147,280 | €15,243 | -€132,037 | -89.7% |
| Deferred charges and accrued income | 490/1 | €4,263 | €4,461 | +€198 | +4.7% |
| Total equity and liabilities | 10/49 | €889,348 | €965,867 | +€76,519 | +8.6% |
| Equity | 10/15 | €58,226 | €71,966 | +€13,740 | +23.6% |
| Contributions | 10/11 | €26,536 | €26,536 | = | 0.0% |
| Reserves | 13 | €22,464 | €36,204 | +€13,740 | +61.2% |
| Non-distributable reserves | 130/1 | €3,464 | €3,464 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,464 | €3,464 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €32,740 | +€13,740 | +72.3% |
| Profit (loss) carried forward | 14 | €9,226 | €9,226 | = | 0.0% |
| Amounts payable | 17/49 | €831,123 | €893,902 | +€62,779 | +7.6% |
| Amounts payable after more than one year | 17 | €517,318 | €662,279 | +€144,961 | +28.0% |
| Financial debts | 170/4 | €517,318 | €662,279 | +€144,961 | +28.0% |
| Amounts payable within one year | 42/48 | €313,804 | €231,622 | -€82,182 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €86,770 | €110,845 | +€24,075 | +27.7% |
| Trade debts | 44 | €83,158 | €84,884 | +€1,725 | +2.1% |
| Suppliers | 440/4 | €83,158 | €84,884 | +€1,725 | +2.1% |
| Taxes, remuneration and social security | 45 | €76,269 | €10,224 | -€66,045 | -86.6% |
| Taxes | 450/3 | €76,269 | €10,224 | -€66,045 | -86.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €67,607 | €25,670 | -€41,937 | -62.0% |
| Turnover | 70 | €915,531 | €816,235 | -€99,296 | -10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €766,046 | €770,437 | +€4,392 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,115 | €36,799 | +€2,684 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€800 | - | +€800 | |
| Other operating charges | 640/8 | €1,813 | €7,279 | +€5,466 | +301.6% |
| Non-recurring operating charges | 66A | - | €3,621 | +€3,621 | |
| Gross operating margin | 9900 | €160,557 | €116,300 | -€44,257 | -27.6% |
| Operating profit (loss) | 9901 | €125,429 | €68,601 | -€56,829 | -45.3% |
| Financial income | 75/76B | €452 | €716 | +€264 | +58.5% |
| Recurring financial income | 75 | €452 | €716 | +€264 | +58.5% |
| Financial charges | 65/66B | €12,231 | €39,949 | +€27,717 | +226.6% |
| Recurring financial charges | 65 | €12,231 | €39,949 | +€27,717 | +226.6% |
| Profit (loss) for the period before taxes | 9903 | €113,650 | €29,368 | -€84,281 | -74.2% |
| Income taxes | 67/77 | €51,757 | €15,628 | -€36,129 | -69.8% |
| Profit (loss) for the period | 9904 | €61,892 | €13,740 | -€48,153 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,892 | €13,740 | -€48,153 | -77.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.