CITICI: 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.
CITICI
Largest movements
- Receivables after one year -€93,500
down €93,500 (-51.1%), from €183,000 to €89,500
- Cash +€51,921
up €51,921 (+95.3%), from €54,503 to €106,424
mainly Receivables after one year (+€93,500) and Net result for the year (+€51,418)
- Tangible fixed assets -€10,218
down €10,218 (-22.6%), from €45,250 to €35,032
of which Furniture and vehicles: -€9,070
- Reserves -€48,600
down €48,600 (-17.7%), from €274,395 to €225,795
of which Distributable reserves: -€46,745
- Gross operating margin -€11,473
down €11,473 (-12.1%), from €94,639 to €83,166
- Depreciation +€7,867
up €7,867 (+334.6%), from €2,351 to €10,218
- Taxes -€5,386
down €5,386 (-20.9%), from €25,712 to €20,326
- Staff costs +€1,978
new in 2025: €1,978
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 | €312,581 | €264,706 | -€47,875 | -15.3% |
| Fixed assets | 21/28 | €45,250 | €35,032 | -€10,218 | -22.6% |
| Tangible fixed assets | 22/27 | €45,250 | €35,032 | -€10,218 | -22.6% |
| Plant, machinery and equipment | 23 | €2,930 | €1,782 | -€1,148 | -39.2% |
| Furniture and vehicles | 24 | €42,319 | €33,249 | -€9,070 | -21.4% |
| Current assets | 29/58 | €267,331 | €229,674 | -€37,657 | -14.1% |
| Amounts receivable after more than one year | 29 | €183,000 | €89,500 | -€93,500 | -51.1% |
| Other amounts receivable | 291 | €183,000 | €89,500 | -€93,500 | -51.1% |
| Amounts receivable within one year | 40/41 | €27,104 | €30,202 | +€3,098 | +11.4% |
| Trade receivables | 40 | €27,104 | €30,202 | +€3,098 | +11.4% |
| Cash at bank and in hand | 54/58 | €54,503 | €106,424 | +€51,921 | +95.3% |
| Deferred charges and accrued income | 490/1 | €2,724 | €3,548 | +€824 | +30.3% |
| Total equity and liabilities | 10/49 | €312,581 | €264,706 | -€47,875 | -15.3% |
| Equity | 10/15 | €292,977 | €244,395 | -€48,582 | -16.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €274,395 | €225,795 | -€48,600 | -17.7% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100.0% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100.0% |
| Distributable reserves | 133 | €272,540 | €225,795 | -€46,745 | -17.2% |
| Profit (loss) carried forward | 14 | €32 | €50 | +€18 | +54.6% |
| Amounts payable | 17/49 | €19,604 | €20,311 | +€707 | +3.6% |
| Amounts payable within one year | 42/48 | €19,241 | €20,311 | +€1,070 | +5.6% |
| Trade debts | 44 | €1,092 | €3,674 | +€2,582 | +236.4% |
| Suppliers | 440/4 | €1,092 | €3,674 | +€2,582 | +236.4% |
| Taxes, remuneration and social security | 45 | €14,591 | €15,262 | +€671 | +4.6% |
| Taxes | 450/3 | €14,591 | €15,262 | +€671 | +4.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,558 | €1,375 | -€2,183 | -61.4% |
| Accrued charges and deferred income | 492/3 | €363 | €0 | -€363 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €1,978 | +€1,978 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,351 | €10,218 | +€7,867 | +334.6% |
| Other operating charges | 640/8 | €565 | €1,054 | +€488 | +86.4% |
| Gross operating margin | 9900 | €94,639 | €83,166 | -€11,473 | -12.1% |
| Operating profit (loss) | 9901 | €91,723 | €69,916 | -€21,807 | -23.8% |
| Financial income | 75/76B | €2,635 | €2,088 | -€547 | -20.8% |
| Recurring financial income | 75 | €2,635 | €2,088 | -€547 | -20.8% |
| Financial charges | 65/66B | €615 | €260 | -€355 | -57.7% |
| Recurring financial charges | 65 | €615 | €260 | -€355 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €93,743 | €71,744 | -€21,999 | -23.5% |
| Income taxes | 67/77 | €25,712 | €20,326 | -€5,386 | -20.9% |
| Profit (loss) for the period | 9904 | €68,030 | €51,418 | -€16,613 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,030 | €51,418 | -€16,613 | -24.4% |
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.