La Cité du Mandarin: 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.
La Cité du Mandarin
Largest movements
- Receivables within one year -€18,579
down €18,579 (-65.0%), from €28,594 to €10,015
- Cash +€5,746
up €5,746 (+3.9%), from €146,680 to €152,426
mainly Net result for the year (+€34,789) and Receivables within one year (+€18,579)
- Deferred charges and accrued income +€4,565
new in 2025: €4,565
- Reserves +€28,500
up €28,500 (+19.3%), from €147,859 to €176,359
of which Distributable reserves: +€28,500
- Profit (loss) carried forward -€21,211
down €21,211 (-28.3%), from €74,984 to €53,772
- Other debts -€17,500
down €17,500 (-38.9%), from €45,000 to €27,500
- Gross operating margin -€722
down €722 (-1.3%), from €57,521 to €56,799
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 | €275,236 | €264,622 | -€10,614 | -3.9% |
| Fixed assets | 21/28 | €99,962 | €97,615 | -€2,347 | -2.3% |
| Tangible fixed assets | 22/27 | €99,140 | €97,615 | -€1,524 | -1.5% |
| Land and buildings | 22 | €98,871 | €97,615 | -€1,256 | -1.3% |
| Furniture and vehicles | 24 | €268 | - | -€268 | |
| Financial fixed assets | 28 | €822 | - | -€822 | |
| Current assets | 29/58 | €175,274 | €167,007 | -€8,267 | -4.7% |
| Amounts receivable within one year | 40/41 | €28,594 | €10,015 | -€18,579 | -65.0% |
| Other amounts receivable | 41 | €28,594 | €10,015 | -€18,579 | -65.0% |
| Cash at bank and in hand | 54/58 | €146,680 | €152,426 | +€5,746 | +3.9% |
| Deferred charges and accrued income | 490/1 | - | €4,565 | +€4,565 | |
| Total equity and liabilities | 10/49 | €275,236 | €264,622 | -€10,614 | -3.9% |
| Equity | 10/15 | €229,043 | €236,331 | +€7,289 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €147,859 | €176,359 | +€28,500 | +19.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €146,000 | €174,500 | +€28,500 | +19.5% |
| Profit (loss) carried forward | 14 | €74,984 | €53,772 | -€21,211 | -28.3% |
| Amounts payable | 17/49 | €46,193 | €28,291 | -€17,902 | -38.8% |
| Amounts payable within one year | 42/48 | €46,193 | €28,291 | -€17,902 | -38.8% |
| Taxes, remuneration and social security | 45 | €1,193 | €791 | -€402 | -33.7% |
| Taxes | 450/3 | €1,193 | €791 | -€402 | -33.7% |
| Other amounts payable | 47/48 | €45,000 | €27,500 | -€17,500 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,552 | €1,524 | -€28 | -1.8% |
| Other operating charges | 640/8 | €5,209 | €5,372 | +€164 | +3.1% |
| Gross operating margin | 9900 | €57,521 | €56,799 | -€722 | -1.3% |
| Operating profit (loss) | 9901 | €50,761 | €49,903 | -€858 | -1.7% |
| Financial income | 75/76B | €1,271 | €1,129 | -€143 | -11.2% |
| Recurring financial income | 75 | €1,271 | €1,129 | -€143 | -11.2% |
| Financial charges | 65/66B | €205 | €113 | -€92 | -44.7% |
| Recurring financial charges | 65 | €205 | €113 | -€92 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €51,827 | €50,918 | -€909 | -1.8% |
| Income taxes | 67/77 | €16,482 | €16,130 | -€352 | -2.1% |
| Profit (loss) for the period | 9904 | €35,345 | €34,789 | -€557 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,345 | €34,789 | -€557 | -1.6% |
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 26 October 2026 via checked.be.