CITE TECHNICAL SERVICES: 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 TECHNICAL SERVICES
Largest movements
- Cash -€73,727
down €73,727 (-39.2%), from €188,004 to €114,277
mainly Net result for the year (-€75,698) and Contributions, distributions and other (-€35,000)
- Tangible fixed assets -€12,379
down €12,379 (-21.2%), from €58,428 to €46,049
of which Furniture and vehicles: -€12,934
- Receivables within one year +€8,688
up €8,688 (+62.1%), from €13,982 to €22,670
of which Trade receivables: +€12,417
- Reserves -€68,306
down €68,306 (-37.4%), from €182,573 to €114,267
- Profit (loss) carried forward -€42,392
new in 2025: -€42,392
- Other debts +€37,083
up €37,083 (+262.6%), from €14,120 to €51,203
- Debts after one year -€12,290
down €12,290 (-79.7%), from €15,425 to €3,135
- Tax, wage and social debts +€8,436
up €8,436 (+39.5%), from €21,341 to €29,777
- Gross operating margin -€126,404
down €126,404, from €66,604 to -€59,800
- Taxes -€13,576
down €13,576 (-98.6%), from €13,762 to €186
- Depreciation +€3,739
up €3,739 (+33.0%), from €11,322 to €15,060
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 | €262,712 | €185,577 | -€77,135 | -29.4% |
| Fixed assets | 21/28 | €58,428 | €46,049 | -€12,379 | -21.2% |
| Tangible fixed assets | 22/27 | €58,428 | €46,049 | -€12,379 | -21.2% |
| Plant, machinery and equipment | 23 | €4,103 | €4,657 | +€555 | +13.5% |
| Furniture and vehicles | 24 | €54,325 | €41,392 | -€12,934 | -23.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €204,285 | €139,528 | -€64,757 | -31.7% |
| Amounts receivable within one year | 40/41 | €13,982 | €22,670 | +€8,688 | +62.1% |
| Trade receivables | 40 | €10,245 | €22,661 | +€12,417 | +121.2% |
| Other amounts receivable | 41 | €3,738 | €9 | -€3,729 | -99.8% |
| Cash at bank and in hand | 54/58 | €188,004 | €114,277 | -€73,727 | -39.2% |
| Deferred charges and accrued income | 490/1 | €2,298 | €2,581 | +€283 | +12.3% |
| Total equity and liabilities | 10/49 | €262,712 | €185,577 | -€77,135 | -29.4% |
| Equity | 10/15 | €195,010 | €84,312 | -€110,698 | -56.8% |
| Contributions | 10/11 | €12,437 | €12,437 | = | 0.0% |
| Reserves | 13 | €182,573 | €114,267 | -€68,306 | -37.4% |
| Distributable reserves | 133 | €182,573 | €114,267 | -€68,306 | -37.4% |
| Profit (loss) carried forward | 14 | - | -€42,392 | -€42,392 | |
| Amounts payable | 17/49 | €67,702 | €101,265 | +€33,562 | +49.6% |
| Amounts payable after more than one year | 17 | €15,425 | €3,135 | -€12,290 | -79.7% |
| Financial debts | 170/4 | €15,425 | €3,135 | -€12,290 | -79.7% |
| Amounts payable within one year | 42/48 | €52,221 | €98,129 | +€45,909 | +87.9% |
| Current portion of amounts payable after more than one year | 42 | €11,899 | €12,290 | +€391 | +3.3% |
| Trade debts | 44 | €4,861 | €4,860 | -€1 | 0.0% |
| Suppliers | 440/4 | €4,861 | €4,860 | -€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €21,341 | €29,777 | +€8,436 | +39.5% |
| Taxes | 450/3 | €21,341 | €29,777 | +€8,436 | +39.5% |
| Other amounts payable | 47/48 | €14,120 | €51,203 | +€37,083 | +262.6% |
| Accrued charges and deferred income | 492/3 | €56 | €0 | -€56 | -100.0% |
| Non-recurring operating income | 76A | €7,438 | €0 | -€7,438 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,322 | €15,060 | +€3,739 | +33.0% |
| Other operating charges | 640/8 | €610 | €465 | -€145 | -23.7% |
| Non-recurring operating charges | 66A | €4,184 | €0 | -€4,184 | -100.0% |
| Gross operating margin | 9900 | €66,604 | -€59,800 | -€126,404 | |
| Operating profit (loss) | 9901 | €50,489 | -€75,325 | -€125,814 | |
| Financial income | 75/76B | €473 | €651 | +€179 | +37.8% |
| Recurring financial income | 75 | €473 | €651 | +€179 | +37.8% |
| Financial charges | 65/66B | €1,011 | €837 | -€174 | -17.2% |
| Recurring financial charges | 65 | €1,011 | €837 | -€174 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €49,951 | -€75,511 | -€125,462 | |
| Income taxes | 67/77 | €13,762 | €186 | -€13,576 | -98.6% |
| Profit (loss) for the period | 9904 | €36,189 | -€75,698 | -€111,886 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,189 | -€75,698 | -€111,886 |
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 7 October 2026 via checked.be.