CITYWAF: 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.
CITYWAF
Largest movements
- Receivables within one year -€13,005
down €13,005 (-45.7%), from €28,464 to €15,460
of which Other amounts receivable: -€11,433
- Cash +€11,017
up €11,017 (+12.8%), from €86,183 to €97,200
mainly Receivables within one year (+€13,005) and Contributions, distributions and other (+€3,151)
- Tangible fixed assets -€1,238
down €1,238 (-49.9%), from €2,480 to €1,241
- Trade debts -€3,994
down €3,994 (-5.5%), from €72,443 to €68,450
- Gross operating margin +€9,663
up €9,663, from -€7,725 to €1,939
- Depreciation -€2,675
down €2,675 (-68.4%), from €3,913 to €1,238
- Taxes +€2,534
up €2,534, from -€1,249 to €1,285
- Write-downs -€2,088
down €2,088 (-65.2%), from €3,201 to €1,113
- Financial income -€1,494
down €1,494 (-95.9%), from €1,559 to €64
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 | €123,569 | €120,233 | -€3,336 | -2.7% |
| Fixed assets | 21/28 | €7,221 | €5,932 | -€1,288 | -17.8% |
| Tangible fixed assets | 22/27 | €2,480 | €1,241 | -€1,238 | -49.9% |
| Furniture and vehicles | 24 | €2,480 | €1,241 | -€1,238 | -49.9% |
| Financial fixed assets | 28 | €4,741 | €4,691 | -€50 | -1.1% |
| Current assets | 29/58 | €116,348 | €114,301 | -€2,047 | -1.8% |
| Amounts receivable within one year | 40/41 | €28,464 | €15,460 | -€13,005 | -45.7% |
| Trade receivables | 40 | €15,070 | €13,499 | -€1,571 | -10.4% |
| Other amounts receivable | 41 | €13,394 | €1,961 | -€11,433 | -85.4% |
| Cash at bank and in hand | 54/58 | €86,183 | €97,200 | +€11,017 | +12.8% |
| Deferred charges and accrued income | 490/1 | €1,701 | €1,641 | -€60 | -3.5% |
| Total equity and liabilities | 10/49 | €123,569 | €120,233 | -€3,336 | -2.7% |
| Equity | 10/15 | €50,972 | €51,480 | +€508 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,512 | €31,020 | +€508 | +1.7% |
| Amounts payable | 17/49 | €72,597 | €68,753 | -€3,844 | -5.3% |
| Amounts payable within one year | 42/48 | €72,597 | €68,753 | -€3,844 | -5.3% |
| Trade debts | 44 | €72,443 | €68,450 | -€3,994 | -5.5% |
| Suppliers | 440/4 | €72,443 | €68,450 | -€3,994 | -5.5% |
| Taxes, remuneration and social security | 45 | €153 | €303 | +€150 | +97.9% |
| Taxes | 450/3 | €153 | €303 | +€150 | +97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,913 | €1,238 | -€2,675 | -68.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,201 | €1,113 | -€2,088 | -65.2% |
| Other operating charges | 640/8 | €875 | €928 | +€53 | +6.0% |
| Gross operating margin | 9900 | -€7,725 | €1,939 | +€9,663 | |
| Operating profit (loss) | 9901 | -€15,715 | -€1,341 | +€14,374 | +91.5% |
| Financial income | 75/76B | €1,559 | €64 | -€1,494 | -95.9% |
| Recurring financial income | 75 | €1,559 | €64 | -€1,494 | -95.9% |
| Financial charges | 65/66B | €92 | €82 | -€10 | -10.9% |
| Recurring financial charges | 65 | €92 | €82 | -€10 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,248 | -€1,358 | +€12,890 | +90.5% |
| Income taxes | 67/77 | -€1,249 | €1,285 | +€2,534 | |
| Profit (loss) for the period | 9904 | -€12,999 | -€2,644 | +€10,356 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,999 | -€2,644 | +€10,356 | +79.7% |
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 24 October 2026 via checked.be.