WESTERN 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.
WESTERN CITY
Largest movements
- Tangible fixed assets -€3,946
down €3,946 (-7.0%), from €56,105 to €52,159
of which Plant, machinery and equipment: -€3,946
- Cash +€3,632
up €3,632 (+62.7%), from €5,793 to €9,425
mainly Advances received (+€60,000) and Trade debts (+€6,986)
- Deferred charges and accrued income -€1,254
down €1,254 (-43.0%), from €2,918 to €1,664
- Advances received +€60,000
up €60,000 (+300%), from €20,000 to €80,000
- Profit (loss) carried forward -€28,682
down €28,682 (-11.7%), from -€245,405 to -€274,087
- Debts after one year -€27,769
down €27,769 (-25.2%), from €110,103 to €82,334
of which Financial debts: -€27,769
- Other debts -€12,030
down €12,030 (-9.0%), from €133,099 to €121,069
- Trade debts +€6,986
up €6,986 (+4,626%), from €151 to €7,137
- Gross operating margin -€51,195
down €51,195, from €32,086 to -€19,109
- Depreciation -€3,499
down €3,499 (-47.0%), from €7,445 to €3,946
- Other operating charges -€2,077
down €2,077 (-52.1%), from €3,984 to €1,907
- Financial charges -€1,431
down €1,431 (-29.3%), from €4,885 to €3,454
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 | €65,060 | €63,248 | -€1,812 | -2.8% |
| Fixed assets | 21/28 | €56,105 | €52,159 | -€3,946 | -7.0% |
| Tangible fixed assets | 22/27 | €56,105 | €52,159 | -€3,946 | -7.0% |
| Land and buildings | 22 | €47,160 | €47,160 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,945 | €4,999 | -€3,946 | -44.1% |
| Current assets | 29/58 | €8,955 | €11,089 | +€2,134 | +23.8% |
| Amounts receivable within one year | 40/41 | €244 | - | -€244 | |
| Other amounts receivable | 41 | €244 | - | -€244 | |
| Cash at bank and in hand | 54/58 | €5,793 | €9,425 | +€3,632 | +62.7% |
| Deferred charges and accrued income | 490/1 | €2,918 | €1,664 | -€1,254 | -43.0% |
| Total equity and liabilities | 10/49 | €65,060 | €63,248 | -€1,812 | -2.8% |
| Equity | 10/15 | -€198,680 | -€227,362 | -€28,682 | -14.4% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €9,541 | €9,541 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,541 | €9,541 | = | 0.0% |
| Reserves not available under the articles | 1311 | €431 | €431 | = | 0.0% |
| Other | 1319 | €9,110 | €9,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,405 | -€274,087 | -€28,682 | -11.7% |
| Amounts payable | 17/49 | €263,740 | €290,610 | +€26,870 | +10.2% |
| Amounts payable after more than one year | 17 | €110,103 | €82,334 | -€27,769 | -25.2% |
| Financial debts | 170/4 | €100,103 | €72,334 | -€27,769 | -27.7% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €153,250 | €208,206 | +€54,956 | +35.9% |
| Trade debts | 44 | €151 | €7,137 | +€6,986 | +4,626% |
| Suppliers | 440/4 | €151 | €7,137 | +€6,986 | +4,626% |
| Advances received on contracts in progress | 46 | €20,000 | €80,000 | +€60,000 | +300% |
| Other amounts payable | 47/48 | €133,099 | €121,069 | -€12,030 | -9.0% |
| Accrued charges and deferred income | 492/3 | €387 | €70 | -€317 | -81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,445 | €3,946 | -€3,499 | -47.0% |
| Other operating charges | 640/8 | €3,984 | €1,907 | -€2,077 | -52.1% |
| Non-recurring operating charges | 66A | €16,254 | - | -€16,254 | |
| Gross operating margin | 9900 | €32,086 | -€19,109 | -€51,195 | |
| Operating profit (loss) | 9901 | €4,403 | -€24,962 | -€29,365 | |
| Financial charges | 65/66B | €4,885 | €3,454 | -€1,431 | -29.3% |
| Recurring financial charges | 65 | €4,885 | €3,454 | -€1,431 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | -€482 | -€28,416 | -€27,934 | -5,795% |
| Income taxes | 67/77 | - | €266 | +€266 | |
| Profit (loss) for the period | 9904 | -€482 | -€28,682 | -€28,200 | -5,851% |
| Profit (loss) for the period to be appropriated | 9905 | -€482 | -€28,682 | -€28,200 | -5,851% |
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.