Eurocities: 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.
What changed
Eurocities
NACE 94.110, Activities of business and employers' organisations
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,624
2024 · -€141,194+€162,818
Equity
€2.6m
2024 · €2.6m+€21,624
Cash
€2.9m
2024 · €1.1m+€1.8m
Balance sheet total
€16.1m
2024 · €20.7m-€4.6m
Largest movements
Assets
- Current investments -€4.5m
down €4.5m (-69.2%), from €6.5m to €2.0m
- Receivables within one year -€1.8m
down €1.8m (-14.1%), from €12.7m to €10.9m
of which Other amounts receivable: -€2.1m
- Cash +€1.8m
up €1.8m (+159%), from €1.1m to €2.9m
mainly Current investments (+€4.5m) and Receivables within one year (+€1.8m)
Equity and liabilities
- Accrued charges and deferred income -€4.1m
down €4.1m (-25.4%), from €16.3m to €12.1m
- Trade debts -€552,764
down €552,764 (-50.8%), from €1.1m to €535,736
Income statement
- Services and other goods -€3.9m
down €3.9m (-49.0%), from €7.9m to €4.0m
- Financial income -€84,948
down €84,948 (-50.2%), from €169,308 to €84,360
- Turnover +€78,391
up €78,391 (+413%), from €18,978 to €97,369
- Other operating income +€42,542
up €42,542 (+33.5%), from €126,808 to €169,350
- Depreciation +€42,540
up €42,540 (+55.1%), from €77,228 to €119,768
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.
Result 2024
-€141,194
Turnover
+€78,391
Other operating income
+€42,542
Services and other goods
+€3.9m
Staff costs
+€39,093
Depreciation
-€42,540
Write-downs
+€40,370
Other operating charges
-€30,139
Other operating items
-€3.7m
Financial income
-€84,948
Financial charges
-€6,361
Result 2025
€21,624
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2.7m
Investment
+€4.4m
Financing
€0
Cash 2024
€1.1m
From operations (derived)
-€2.7m
Net result for the year
+€21,624
Depreciation
+€119,768
Receivables within one year
+€1.8m
Deferred charges and accrued income
+€56,471
Trade debts
-€552,764
Tax, wage and social debts
+€41,715
Accrued charges and deferred income
-€4.1m
Investment (derived)
+€4.4m
Investment in fixed assets (net)
-€77,739
Current investments
+€4.5m
Cash 2025
€2.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,685,499 | €16,065,407 | -€4.6m | -22.3% |
| Fixed assets | 21/28 | €312,948 | €270,919 | -€42,029 | -13.4% |
| Intangible fixed assets | 21 | €158,845 | €154,043 | -€4,802 | -3.0% |
| Tangible fixed assets | 22/27 | €141,625 | €103,818 | -€37,807 | -26.7% |
| Plant, machinery and equipment | 23 | €1,063 | €572 | -€491 | -46.2% |
| Furniture and vehicles | 24 | €105,522 | €72,414 | -€33,108 | -31.4% |
| Other tangible fixed assets | 26 | €35,040 | €30,832 | -€4,208 | -12.0% |
| Financial fixed assets | 28 | €12,478 | €13,058 | +€580 | +4.6% |
| Other financial fixed assets | 284/8 | €12,478 | €13,058 | +€580 | +4.6% |
| Amounts receivable and cash guarantees | 285/8 | €12,478 | €13,058 | +€580 | +4.6% |
| Current assets | 29/58 | €20,372,551 | €15,794,488 | -€4.6m | -22.5% |
| Amounts receivable within one year | 40/41 | €12,681,415 | €10,897,227 | -€1.8m | -14.1% |
| Trade receivables | 40 | €206,759 | €484,495 | +€277,736 | +134% |
| Other amounts receivable | 41 | €12,474,656 | €10,412,732 | -€2.1m | -16.5% |
| Current investments | 50/53 | €6,500,000 | €2,000,000 | -€4.5m | -69.2% |
| Cash at bank and in hand | 54/58 | €1,105,924 | €2,868,520 | +€1.8m | +159% |
| Deferred charges and accrued income | 490/1 | €85,212 | €28,741 | -€56,471 | -66.3% |
| Total equity and liabilities | 10/49 | €20,685,499 | €16,065,407 | -€4.6m | -22.3% |
| Equity | 10/15 | €2,583,132 | €2,604,756 | +€21,624 | +0.8% |
| Reserves | 13 | €31,400 | €31,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,551,732 | €2,573,356 | +€21,624 | +0.8% |
| Provisions and deferred taxes | 16 | €81,700 | €81,700 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €81,700 | €81,700 | = | 0.0% |
| Other liabilities and charges | 164/5 | €81,700 | €81,700 | = | 0.0% |
| Amounts payable | 17/49 | €18,020,667 | €13,378,951 | -€4.6m | -25.8% |
| Amounts payable within one year | 42/48 | €1,759,427 | €1,248,378 | -€511,049 | -29.0% |
| Trade debts | 44 | €1,088,500 | €535,736 | -€552,764 | -50.8% |
| Suppliers | 440/4 | €1,088,500 | €535,736 | -€552,764 | -50.8% |
| Taxes, remuneration and social security | 45 | €670,927 | €712,642 | +€41,715 | +6.2% |
| Taxes | 450/3 | €28,110 | €42,526 | +€14,416 | +51.3% |
| Remuneration and social security | 454/9 | €642,817 | €670,116 | +€27,299 | +4.2% |
| Accrued charges and deferred income | 492/3 | €16,261,240 | €12,130,573 | -€4.1m | -25.4% |
| Operating income | 70/76A | €14,022,475 | €10,397,295 | -€3.6m | -25.9% |
| Turnover | 70 | €18,978 | €97,369 | +€78,391 | +413% |
| Membership fees, donations, legacies and grants | 73 | €13,876,689 | €10,130,576 | -€3.7m | -27.0% |
| Other operating income | 74 | €126,808 | €169,350 | +€42,542 | +33.5% |
| Operating charges | 60/66A | €14,326,221 | €10,446,914 | -€3.9m | -27.1% |
| Services and other goods | 61 | €7,906,684 | €4,034,161 | -€3.9m | -49.0% |
| Remuneration, social security and pensions | 62 | €6,233,543 | €6,194,450 | -€39,093 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,228 | €119,768 | +€42,540 | +55.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €52,860 | €12,490 | -€40,370 | -76.4% |
| Other operating charges | 640/8 | €55,906 | €86,045 | +€30,139 | +53.9% |
| Operating profit (loss) | 9901 | -€303,746 | -€49,619 | +€254,127 | +83.7% |
| Financial income | 75/76B | €169,308 | €84,360 | -€84,948 | -50.2% |
| Recurring financial income | 75 | €169,308 | €84,360 | -€84,948 | -50.2% |
| Income from current assets | 751 | €169,271 | €84,360 | -€84,911 | -50.2% |
| Other financial income | 752/9 | €37 | - | -€37 | |
| Financial charges | 65/66B | €6,756 | €13,117 | +€6,361 | +94.2% |
| Recurring financial charges | 65 | €6,756 | €13,117 | +€6,361 | +94.2% |
| Other financial charges | 652/9 | €6,756 | €13,117 | +€6,361 | +94.2% |
| Profit (loss) for the period before taxes | 9903 | -€141,194 | €21,624 | +€162,818 | |
| Profit (loss) for the period | 9904 | -€141,194 | €21,624 | +€162,818 | |
| Profit (loss) for the period to be appropriated | 9905 | -€141,194 | €21,624 | +€162,818 |
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 17 October 2026 via checked.be.