CITHI ASSE: 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.
CITHI ASSE
Largest movements
- Cash +€14,813
up €14,813 (+10.6%), from €140,180 to €154,992
mainly Depreciation (+€16,481) and Net result for the year (+€6,689)
- Tangible fixed assets -€13,949
down €13,949 (-10.0%), from €139,673 to €125,724
of which Land and buildings: -€14,840
- Reserves +€6,689
up €6,689 (+35.2%), from €19,017 to €25,706
- Gross operating margin -€14,056
down €14,056 (-28.1%), from €50,056 to €36,000
- Taxes -€4,024
down €4,024 (-53.1%), from €7,575 to €3,552
- Staff costs +€1,114
new in 2025: €1,114
- Financial charges -€634
down €634 (-10.1%), from €6,250 to €5,616
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 | €362,714 | €364,288 | +€1,575 | +0.4% |
| Fixed assets | 21/28 | €139,699 | €125,750 | -€13,949 | -10.0% |
| Tangible fixed assets | 22/27 | €139,673 | €125,724 | -€13,949 | -10.0% |
| Land and buildings | 22 | €137,767 | €122,927 | -€14,840 | -10.8% |
| Plant, machinery and equipment | 23 | - | €2,513 | +€2,513 | |
| Furniture and vehicles | 24 | €1,905 | €283 | -€1,623 | -85.1% |
| Financial fixed assets | 28 | €26 | €26 | = | 0.0% |
| Current assets | 29/58 | €223,015 | €238,538 | +€15,523 | +7.0% |
| Amounts receivable within one year | 40/41 | €76,499 | €77,190 | +€691 | +0.9% |
| Trade receivables | 40 | €55,007 | €48,665 | -€6,342 | -11.5% |
| Other amounts receivable | 41 | €21,492 | €28,525 | +€7,033 | +32.7% |
| Cash at bank and in hand | 54/58 | €140,180 | €154,992 | +€14,813 | +10.6% |
| Deferred charges and accrued income | 490/1 | €6,336 | €6,356 | +€20 | +0.3% |
| Total equity and liabilities | 10/49 | €362,714 | €364,288 | +€1,575 | +0.4% |
| Equity | 10/15 | €202,301 | €208,990 | +€6,689 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,017 | €25,706 | +€6,689 | +35.2% |
| Distributable reserves | 133 | €19,017 | €25,706 | +€6,689 | +35.2% |
| Profit (loss) carried forward | 14 | €164,684 | €164,684 | = | 0.0% |
| Amounts payable | 17/49 | €160,413 | €155,298 | -€5,114 | -3.2% |
| Amounts payable within one year | 42/48 | €160,413 | €155,298 | -€5,114 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €3,380 | €3,382 | +€2 | +0.1% |
| Trade debts | 44 | €42,550 | €39,006 | -€3,543 | -8.3% |
| Suppliers | 440/4 | €42,550 | €39,006 | -€3,543 | -8.3% |
| Taxes, remuneration and social security | 45 | €4,765 | €3,676 | -€1,089 | -22.8% |
| Taxes | 450/3 | €4,765 | €3,676 | -€1,089 | -22.8% |
| Other amounts payable | 47/48 | €109,719 | €109,234 | -€485 | -0.4% |
| Remuneration, social security and pensions | 62 | - | €1,114 | +€1,114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,244 | €16,481 | +€237 | +1.5% |
| Other operating charges | 640/8 | €2,994 | €2,886 | -€108 | -3.6% |
| Gross operating margin | 9900 | €50,056 | €36,000 | -€14,056 | -28.1% |
| Operating profit (loss) | 9901 | €30,818 | €15,519 | -€15,299 | -49.6% |
| Financial income | 75/76B | €165 | €338 | +€173 | +105% |
| Recurring financial income | 75 | €165 | €338 | +€173 | +105% |
| Financial charges | 65/66B | €6,250 | €5,616 | -€634 | -10.1% |
| Recurring financial charges | 65 | €6,250 | €5,616 | -€634 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €24,733 | €10,241 | -€14,492 | -58.6% |
| Income taxes | 67/77 | €7,575 | €3,552 | -€4,024 | -53.1% |
| Profit (loss) for the period | 9904 | €17,157 | €6,689 | -€10,468 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,157 | €6,689 | -€10,468 | -61.0% |
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 16 October 2026 via checked.be.