CITE: 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.
CITE
Largest movements
- Cash +€5,476
up €5,476 (+7.2%), from €76,259 to €81,735
mainly Net result for the year (+€18,535) and Other debts (+€4,588)
- Deferred charges and accrued income -€3,664
down €3,664 (-57.3%), from €6,393 to €2,729
- Receivables within one year -€2,737
down €2,737 (-19.5%), from €14,017 to €11,280
of which Other amounts receivable: -€3,000
- Reserves -€4,899
down €4,899 (-7.3%), from €66,765 to €61,866
of which Non-distributable reserves: -€4,899
- Other debts +€4,588
new in 2025: €4,588
- Trade debts -€1,641
down €1,641 (-81.9%), from €2,004 to €362
- Gross operating margin -€5,040
down €5,040 (-14.2%), from €35,376 to €30,336
- Taxes -€1,219
down €1,219 (-13.4%), from €9,087 to €7,869
- Depreciation +€941
up €941 (+29.6%), from €3,179 to €4,121
- Financial income +€756
up €756 (+155.6%), from €486 to €1,242
- Other operating charges -€743
down €743 (-45.4%), from €1,637 to €894
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 | €104,104 | €102,258 | -€1,846 | -1.8% |
| Fixed assets | 21/28 | €7,435 | €6,514 | -€921 | -12.4% |
| Tangible fixed assets | 22/27 | €7,435 | €6,414 | -€1,021 | -13.7% |
| Plant, machinery and equipment | 23 | €918 | €723 | -€195 | -21.3% |
| Furniture and vehicles | 24 | €6,517 | €5,691 | -€825 | -12.7% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €96,669 | €95,744 | -€925 | -1.0% |
| Amounts receivable within one year | 40/41 | €14,017 | €11,280 | -€2,737 | -19.5% |
| Trade receivables | 40 | €11,017 | €11,280 | +€263 | +2.4% |
| Other amounts receivable | 41 | €3,000 | €0 | -€3,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €76,259 | €81,735 | +€5,476 | +7.2% |
| Deferred charges and accrued income | 490/1 | €6,393 | €2,729 | -€3,664 | -57.3% |
| Total equity and liabilities | 10/49 | €104,104 | €102,258 | -€1,846 | -1.8% |
| Equity | 10/15 | €92,506 | €87,607 | -€4,899 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,765 | €61,866 | -€4,899 | -7.3% |
| Non-distributable reserves | 130/1 | €60,865 | €55,966 | -€4,899 | -8.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €59,005 | €54,106 | -€4,899 | -8.3% |
| Tax-exempt reserves | 132 | €5,900 | €5,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,541 | €19,541 | = | 0.0% |
| Amounts payable | 17/49 | €11,598 | €14,651 | +€3,053 | +26.3% |
| Amounts payable within one year | 42/48 | €11,598 | €14,651 | +€3,053 | +26.3% |
| Trade debts | 44 | €2,004 | €362 | -€1,641 | -81.9% |
| Suppliers | 440/4 | €2,004 | €362 | -€1,641 | -81.9% |
| Taxes, remuneration and social security | 45 | €9,594 | €9,700 | +€106 | +1.1% |
| Taxes | 450/3 | €9,594 | €9,700 | +€106 | +1.1% |
| Other amounts payable | 47/48 | - | €4,588 | +€4,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,179 | €4,121 | +€941 | +29.6% |
| Other operating charges | 640/8 | €1,637 | €894 | -€743 | -45.4% |
| Gross operating margin | 9900 | €35,376 | €30,336 | -€5,040 | -14.2% |
| Operating profit (loss) | 9901 | €30,560 | €25,322 | -€5,238 | -17.1% |
| Financial income | 75/76B | €486 | €1,242 | +€756 | +155.6% |
| Recurring financial income | 75 | €486 | €1,242 | +€756 | +155.6% |
| Financial charges | 65/66B | €129 | €160 | +€31 | +24.0% |
| Recurring financial charges | 65 | €129 | €160 | +€31 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €30,917 | €26,404 | -€4,513 | -14.6% |
| Income taxes | 67/77 | €9,087 | €7,869 | -€1,219 | -13.4% |
| Profit (loss) for the period | 9904 | €21,830 | €18,535 | -€3,294 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,830 | €18,535 | -€3,294 | -15.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.