One+ city: 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.
One+ city
Largest movements
- Tangible fixed assets +€916,782
up €916,782 (+32.5%), from €2.8m to €3.7m
of which Land and buildings: +€868,663
- Receivables after one year -€670,616
down €670,616 (-99.8%), from €672,046 to €1,430
- Cash -€64,447
down €64,447 (-97.4%), from €66,163 to €1,716
mainly Investment in fixed assets (net) (-€1.0m) and Net result for the year (-€157,891)
- Receivables within one year +€45,701
up €45,701 (+26.8%), from €170,442 to €216,143
of which Trade receivables: +€40,202
- Debts after one year +€467,682
up €467,682 (+13.9%), from €3.4m to €3.8m
- Profit (loss) carried forward -€157,890
down €157,890 (-86.9%), from -€181,599 to -€339,489
- Tax, wage and social debts -€125,831
down €125,831 (-100%), from €125,831 to €0
- Financial charges +€103,726
up €103,726 (+100%), from €103,688 to €207,414
- Gross operating margin +€75,442
up €75,442 (+51.0%), from €148,053 to €223,495
- Depreciation +€49,110
up €49,110 (+123%), from €40,027 to €89,137
- Other operating charges -€14,149
down €14,149 (-44.4%), from €31,849 to €17,700
- Taxes -€3,332
down €3,332 (-57.3%), from €5,815 to €2,483
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 | €4,281,628 | €4,513,222 | +€231,594 | +5.4% |
| Fixed assets | 21/28 | €2,820,638 | €3,737,420 | +€916,782 | +32.5% |
| Tangible fixed assets | 22/27 | €2,820,638 | €3,737,420 | +€916,782 | +32.5% |
| Land and buildings | 22 | €2,820,638 | €3,689,301 | +€868,663 | +30.8% |
| Assets under construction and advance payments | 27 | - | €48,119 | +€48,119 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,460,990 | €775,802 | -€685,188 | -46.9% |
| Amounts receivable after more than one year | 29 | €672,046 | €1,430 | -€670,616 | -99.8% |
| Other amounts receivable | 291 | €672,046 | €1,430 | -€670,616 | -99.8% |
| Stocks and contracts in progress | 3 | €551,425 | €551,425 | +€0 | 0.0% |
| Stocks | 30/36 | €551,425 | €551,425 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €170,442 | €216,143 | +€45,701 | +26.8% |
| Trade receivables | 40 | €16,806 | €57,008 | +€40,202 | +239% |
| Other amounts receivable | 41 | €153,635 | €159,135 | +€5,500 | +3.6% |
| Cash at bank and in hand | 54/58 | €66,163 | €1,716 | -€64,447 | -97.4% |
| Deferred charges and accrued income | 490/1 | €914 | €5,088 | +€4,174 | +457% |
| Total equity and liabilities | 10/49 | €4,281,628 | €4,513,222 | +€231,594 | +5.4% |
| Equity | 10/15 | €199,771 | €41,880 | -€157,891 | -79.0% |
| Contributions | 10/11 | €380,077 | €381,370 | +€1,293 | +0.3% |
| Reserves | 13 | €1,293 | €0 | -€1,293 | -100% |
| Distributable reserves | 133 | €1,293 | €0 | -€1,293 | -100% |
| Profit (loss) carried forward | 14 | -€181,599 | -€339,489 | -€157,890 | -86.9% |
| Provisions and deferred taxes | 16 | €401,341 | €401,341 | +€0 | 0.0% |
| Deferred taxes | 168 | €401,341 | €401,341 | +€0 | 0.0% |
| Amounts payable | 17/49 | €3,680,516 | €4,070,000 | +€389,484 | +10.6% |
| Amounts payable after more than one year | 17 | €3,375,328 | €3,843,010 | +€467,682 | +13.9% |
| Financial debts | 170/4 | €3,375,328 | €3,843,010 | +€467,682 | +13.9% |
| Amounts payable within one year | 42/48 | €292,992 | €215,186 | -€77,806 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €123,174 | €165,534 | +€42,360 | +34.4% |
| Trade debts | 44 | €43,936 | €49,652 | +€5,716 | +13.0% |
| Suppliers | 440/4 | €43,936 | €49,652 | +€5,716 | +13.0% |
| Taxes, remuneration and social security | 45 | €125,831 | €0 | -€125,831 | -100% |
| Taxes | 450/3 | €125,831 | €0 | -€125,831 | -100% |
| Other amounts payable | 47/48 | €50 | €0 | -€50 | -100% |
| Accrued charges and deferred income | 492/3 | €12,196 | €11,804 | -€392 | -3.2% |
| Non-recurring operating income | 76A | €64,593 | €0 | -€64,593 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,027 | €89,137 | +€49,110 | +123% |
| Other operating charges | 640/8 | €31,849 | €17,700 | -€14,149 | -44.4% |
| Non-recurring operating charges | 66A | - | €64,701 | +€64,701 | |
| Gross operating margin | 9900 | €148,053 | €223,495 | +€75,442 | +51.0% |
| Operating profit (loss) | 9901 | €76,176 | €51,956 | -€24,220 | -31.8% |
| Financial income | 75/76B | €5 | €50 | +€45 | +900% |
| Recurring financial income | 75 | €5 | €50 | +€45 | +900% |
| Financial charges | 65/66B | €103,688 | €207,414 | +€103,726 | +100% |
| Recurring financial charges | 65 | €103,688 | €207,414 | +€103,726 | +100% |
| Profit (loss) for the period before taxes | 9903 | -€27,507 | -€155,407 | -€127,900 | -465% |
| Transfer from deferred taxes | 780 | €618 | €0 | -€618 | -100% |
| Income taxes | 67/77 | €5,815 | €2,483 | -€3,332 | -57.3% |
| Profit (loss) for the period | 9904 | -€32,704 | -€157,891 | -€125,187 | -383% |
| Transfer from tax-exempt reserves | 789 | €1,853 | €0 | -€1,853 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,851 | -€157,891 | -€127,040 | -412% |
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 23 October 2026 via checked.be.