CITA: 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.
CITA
Largest movements
- Tangible fixed assets -€182,141
down €182,141 (-11.0%), from €1.7m to €1.5m
- Receivables within one year +€147,972
up €147,972 (+121.2%), from €122,043 to €270,016
of which Trade receivables: +€148,176
- Cash -€67,518
down €67,518 (-44.1%), from €153,129 to €85,611
mainly Debts after one year (-€150,000) and Receivables within one year (-€147,972)
- Debts after one year -€150,000
down €150,000 (-18.8%), from €800,000 to €650,000
- Trade debts +€55,316
up €55,316 (+46.0%), from €120,177 to €175,493
- Profit (loss) carried forward -€46,533
down €46,533 (-30.1%), from -€154,616 to -€201,149
- Accrued charges and deferred income +€38,944
up €38,944 (+57.7%), from €67,549 to €106,494
- Gross operating margin +€130,669
up €130,669 (+169.7%), from €76,994 to €207,663
- Depreciation +€18,672
up €18,672 (+11.4%), from €163,469 to €182,141
- Financial charges +€3,914
up €3,914 (+5.7%), from €68,141 to €72,055
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 | €1,933,110 | €1,831,424 | -€101,686 | -5.3% |
| Fixed assets | 21/28 | €1,657,938 | €1,475,797 | -€182,141 | -11.0% |
| Tangible fixed assets | 22/27 | €1,657,938 | €1,475,797 | -€182,141 | -11.0% |
| Plant, machinery and equipment | 23 | €1,657,938 | €1,475,797 | -€182,141 | -11.0% |
| Current assets | 29/58 | €275,172 | €355,627 | +€80,455 | +29.2% |
| Amounts receivable within one year | 40/41 | €122,043 | €270,016 | +€147,972 | +121.2% |
| Trade receivables | 40 | €121,840 | €270,016 | +€148,176 | +121.6% |
| Other amounts receivable | 41 | €203 | €0 | -€203 | -100.0% |
| Cash at bank and in hand | 54/58 | €153,129 | €85,611 | -€67,518 | -44.1% |
| Total equity and liabilities | 10/49 | €1,933,110 | €1,831,424 | -€101,686 | -5.3% |
| Equity | 10/15 | -€54,616 | -€101,149 | -€46,533 | -85.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,616 | -€201,149 | -€46,533 | -30.1% |
| Amounts payable | 17/49 | €1,987,727 | €1,932,574 | -€55,153 | -2.8% |
| Amounts payable after more than one year | 17 | €800,000 | €650,000 | -€150,000 | -18.8% |
| Financial debts | 170/4 | €800,000 | €650,000 | -€150,000 | -18.8% |
| Amounts payable within one year | 42/48 | €1,120,177 | €1,176,080 | +€55,903 | +5.0% |
| Trade debts | 44 | €120,177 | €175,493 | +€55,316 | +46.0% |
| Suppliers | 440/4 | €120,177 | €175,493 | +€55,316 | +46.0% |
| Taxes, remuneration and social security | 45 | - | €587 | +€587 | |
| Taxes | 450/3 | - | €587 | +€587 | |
| Other amounts payable | 47/48 | €1,000,000 | €1,000,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €67,549 | €106,494 | +€38,944 | +57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,469 | €182,141 | +€18,672 | +11.4% |
| Gross operating margin | 9900 | €76,994 | €207,663 | +€130,669 | +169.7% |
| Operating profit (loss) | 9901 | -€86,475 | €25,522 | +€111,997 | |
| Financial charges | 65/66B | €68,141 | €72,055 | +€3,914 | +5.7% |
| Recurring financial charges | 65 | €68,141 | €72,055 | +€3,914 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | -€154,616 | -€46,533 | +€108,083 | +69.9% |
| Profit (loss) for the period | 9904 | -€154,616 | -€46,533 | +€108,083 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€154,616 | -€46,533 | +€108,083 | +69.9% |
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 11 October 2026 via checked.be.