THE 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.
THE CITY
Largest movements
- Cash -€6,450
down €6,450 (-17.9%), from €36,026 to €29,577
mainly Net result for the year (-€6,776) and Receivables within one year (-€969)
- Receivables within one year +€969
up €969 (+124%), from €779 to €1,748
- Profit (loss) carried forward -€6,776
down €6,776 (-41.4%), from €16,354 to €9,578
- Trade debts +€1,262
new in 2024: €1,262
- Turnover -€33,213
down €33,213 (-65.0%), from €51,089 to €17,876
- Gross operating margin -€20,262
down €20,262, from €15,303 to -€4,960
- Purchases and services -€12,951
down €12,951 (-36.2%), from €35,787 to €22,836
- Financial charges +€1,905
up €1,905, from -€1,597 to €308
- Other operating charges +€1,058
up €1,058 (+235%), from €450 to €1,509
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,805 | €31,325 | -€5,480 | -14.9% |
| Current assets | 29/58 | €36,805 | €31,325 | -€5,480 | -14.9% |
| Amounts receivable within one year | 40/41 | €779 | €1,748 | +€969 | +124% |
| Other amounts receivable | 41 | €779 | €1,748 | +€969 | +124% |
| Cash at bank and in hand | 54/58 | €36,026 | €29,577 | -€6,450 | -17.9% |
| Total equity and liabilities | 10/49 | €36,805 | €31,325 | -€5,480 | -14.9% |
| Equity | 10/15 | €36,805 | €30,029 | -€6,776 | -18.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,354 | €9,578 | -€6,776 | -41.4% |
| Amounts payable | 17/49 | - | €1,296 | +€1,296 | |
| Amounts payable within one year | 42/48 | - | €1,296 | +€1,296 | |
| Trade debts | 44 | - | €1,262 | +€1,262 | |
| Suppliers | 440/4 | - | €1,262 | +€1,262 | |
| Other amounts payable | 47/48 | - | €34 | +€34 | |
| Turnover | 70 | €51,089 | €17,876 | -€33,213 | -65.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,787 | €22,836 | -€12,951 | -36.2% |
| Other operating charges | 640/8 | €450 | €1,509 | +€1,058 | +235% |
| Gross operating margin | 9900 | €15,303 | -€4,960 | -€20,262 | |
| Operating profit (loss) | 9901 | €14,852 | -€6,468 | -€21,321 | |
| Financial charges | 65/66B | -€1,597 | €308 | +€1,905 | |
| Recurring financial charges | 65 | -€1,597 | €308 | +€1,905 | |
| Profit (loss) for the period before taxes | 9903 | €16,450 | -€6,776 | -€23,226 | |
| Profit (loss) for the period | 9904 | €16,450 | -€6,776 | -€23,226 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,450 | -€6,776 | -€23,226 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.