CITAK: what changed
Two fiscal 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.
CITAK
Largest movements
- Stocks and contracts -€4,253
no longer reported in 2024 (was €4,253)
- Cash -€3,847
down €3,847 (-100.0%), from €3,847 to €1
mainly Other debts (-€15,721) and Trade debts (-€10,332)
- Receivables within one year +€1,417
up €1,417 (+1050.1%), from €135 to €1,552
- Tangible fixed assets -€1,099
down €1,099 (-23.1%), from €4,759 to €3,660
of which Land and buildings: -€643
- Profit (loss) carried forward +€18,013
up €18,013 (+52.3%), from -€34,440 to -€16,427
- Other debts -€15,721
down €15,721 (-69.5%), from €22,611 to €6,890
- Trade debts -€10,332
down €10,332 (-78.9%), from €13,095 to €2,763
- Short-term financial debts +€257
new in 2024: €257
- Gross operating margin +€19,996
up €19,996 (+11152.1%), from €179 to €20,175
- Other operating charges -€800
down €800 (-53.0%), from €1,511 to €711
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.
Cash bridge derived
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 | €12,994 | €5,212 | -€7,782 | -59.9% |
| Fixed assets | 21/28 | €4,759 | €3,660 | -€1,099 | -23.1% |
| Tangible fixed assets | 22/27 | €4,759 | €3,660 | -€1,099 | -23.1% |
| Land and buildings | 22 | €3,143 | €2,500 | -€643 | -20.4% |
| Plant, machinery and equipment | 23 | €397 | €198 | -€198 | -50.0% |
| Furniture and vehicles | 24 | €1,219 | €961 | -€258 | -21.2% |
| Current assets | 29/58 | €8,236 | €1,552 | -€6,683 | -81.2% |
| Stocks and contracts in progress | 3 | €4,253 | - | -€4,253 | |
| Stocks | 30/36 | €4,253 | - | -€4,253 | |
| Amounts receivable within one year | 40/41 | €135 | €1,552 | +€1,417 | +1050.1% |
| Other amounts receivable | 41 | €135 | €1,552 | +€1,417 | +1050.1% |
| Cash at bank and in hand | 54/58 | €3,847 | €1 | -€3,847 | -100.0% |
| Total equity and liabilities | 10/49 | €12,994 | €5,212 | -€7,782 | -59.9% |
| Equity | 10/15 | -€22,840 | -€4,827 | +€18,013 | +78.9% |
| Contributions | 10/11 | €11,600 | €11,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,440 | -€16,427 | +€18,013 | +52.3% |
| Amounts payable | 17/49 | €35,834 | €10,039 | -€25,795 | -72.0% |
| Amounts payable within one year | 42/48 | €35,834 | €10,039 | -€25,795 | -72.0% |
| Financial debts | 43 | - | €257 | +€257 | |
| Credit institutions | 430/8 | - | €257 | +€257 | |
| Trade debts | 44 | €13,095 | €2,763 | -€10,332 | -78.9% |
| Suppliers | 440/4 | €13,095 | €2,763 | -€10,332 | -78.9% |
| Taxes, remuneration and social security | 45 | €128 | €128 | = | 0.0% |
| Taxes | 450/3 | €128 | €128 | = | 0.0% |
| Other amounts payable | 47/48 | €22,611 | €6,890 | -€15,721 | -69.5% |
| Remuneration, social security and pensions | 62 | €120 | €50 | -€70 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,157 | €1,099 | -€58 | -5.0% |
| Other operating charges | 640/8 | €1,511 | €711 | -€800 | -53.0% |
| Gross operating margin | 9900 | €179 | €20,175 | +€19,996 | +11152.1% |
| Operating profit (loss) | 9901 | -€2,609 | €18,315 | +€20,924 | |
| Financial income | 75/76B | €2 | €3 | +€2 | +119.4% |
| Recurring financial income | 75 | €2 | €3 | +€2 | +119.4% |
| Financial charges | 65/66B | €236 | €306 | +€69 | +29.4% |
| Recurring financial charges | 65 | €236 | €306 | +€69 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,843 | €18,013 | +€20,856 | |
| Income taxes | 67/77 | €128 | - | -€128 | |
| Profit (loss) for the period | 9904 | -€2,971 | €18,013 | +€20,984 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,971 | €18,013 | +€20,984 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.