InCity: what changed
Two fiscal 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.
InCity
Largest movements
- Current investments +€500,000
new in 2025: €500,000
- Tangible fixed assets -€63,609
down €63,609 (-2.7%), from €2.4m to €2.3m
of which Land and buildings: -€62,837
- Cash +€59,636
up €59,636 (+67.7%), from €88,060 to €147,696
mainly Other debts (+€658,487) and Depreciation (+€67,625)
- Other debts +€658,487
up €658,487 (+273.4%), from €240,820 to €899,307
- Profit (loss) carried forward -€119,456
down €119,456 (-32.3%), from -€370,025 to -€489,481
- Debts after one year -€53,798
down €53,798 (-5.9%), from €909,019 to €855,221
- Gross operating margin -€22,558
down €22,558, from €11,611 to -€10,947
- Financial charges -€15,808
down €15,808 (-32.2%), from €49,156 to €33,348
- Depreciation +€987
up €987 (+1.5%), from €66,639 to €67,625
- Financial income +€361
up €361 (+2034.1%), from €18 to €379
- Other operating charges +€178
up €178 (+2.3%), from €7,737 to €7,915
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 | €2,481,937 | €2,979,442 | +€497,506 | +20.0% |
| Fixed assets | 21/28 | €2,390,649 | €2,327,040 | -€63,609 | -2.7% |
| Tangible fixed assets | 22/27 | €2,390,649 | €2,327,040 | -€63,609 | -2.7% |
| Land and buildings | 22 | €2,328,319 | €2,265,483 | -€62,837 | -2.7% |
| Plant, machinery and equipment | 23 | €61,561 | €61,083 | -€477 | -0.8% |
| Furniture and vehicles | 24 | €769 | €474 | -€295 | -38.4% |
| Current assets | 29/58 | €91,288 | €652,402 | +€561,114 | +614.7% |
| Amounts receivable within one year | 40/41 | €2,462 | €3,633 | +€1,171 | +47.5% |
| Trade receivables | 40 | €212 | - | -€212 | |
| Other amounts receivable | 41 | €2,251 | €3,633 | +€1,382 | +61.4% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €88,060 | €147,696 | +€59,636 | +67.7% |
| Deferred charges and accrued income | 490/1 | €765 | €1,073 | +€308 | +40.2% |
| Total equity and liabilities | 10/49 | €2,481,937 | €2,979,442 | +€497,506 | +20.0% |
| Equity | 10/15 | €1,275,975 | €1,156,519 | -€119,456 | -9.4% |
| Contributions | 10/11 | €1,646,000 | €1,646,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€370,025 | -€489,481 | -€119,456 | -32.3% |
| Amounts payable | 17/49 | €1,205,962 | €1,822,923 | +€616,961 | +51.2% |
| Amounts payable after more than one year | 17 | €909,019 | €855,221 | -€53,798 | -5.9% |
| Financial debts | 170/4 | €909,019 | €855,221 | -€53,798 | -5.9% |
| Amounts payable within one year | 42/48 | €296,943 | €962,762 | +€665,819 | +224.2% |
| Current portion of amounts payable after more than one year | 42 | €53,798 | €53,798 | = | 0.0% |
| Trade debts | 44 | €2,325 | €1,157 | -€1,168 | -50.2% |
| Suppliers | 440/4 | €2,325 | €1,157 | -€1,168 | -50.2% |
| Taxes, remuneration and social security | 45 | - | €8,500 | +€8,500 | |
| Taxes | 450/3 | - | €2,728 | +€2,728 | |
| Remuneration and social security | 454/9 | - | €5,772 | +€5,772 | |
| Other amounts payable | 47/48 | €240,820 | €899,307 | +€658,487 | +273.4% |
| Accrued charges and deferred income | 492/3 | - | €4,940 | +€4,940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,639 | €67,625 | +€987 | +1.5% |
| Other operating charges | 640/8 | €7,737 | €7,915 | +€178 | +2.3% |
| Gross operating margin | 9900 | €11,611 | -€10,947 | -€22,558 | |
| Operating profit (loss) | 9901 | -€62,765 | -€86,487 | -€23,722 | -37.8% |
| Financial income | 75/76B | €18 | €379 | +€361 | +2034.1% |
| Recurring financial income | 75 | €18 | €379 | +€361 | +2034.1% |
| Financial charges | 65/66B | €49,156 | €33,348 | -€15,808 | -32.2% |
| Recurring financial charges | 65 | €49,156 | €33,348 | -€15,808 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€111,903 | -€119,456 | -€7,553 | -6.7% |
| Profit (loss) for the period | 9904 | -€111,903 | -€119,456 | -€7,553 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,903 | -€119,456 | -€7,553 | -6.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.