CITINI: 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.
CITINI
Largest movements
- Cash -€75,977
down €75,977 (-53.7%), from €141,615 to €65,638
mainly Contributions, distributions and other (-€688,397) and Investment in fixed assets (net) (-€45,901)
- Tangible fixed assets +€26,545
up €26,545 (+65.3%), from €40,639 to €67,184
of which Furniture and vehicles: +€35,156
- Receivables within one year -€19,720
down €19,720 (-71.7%), from €27,500 to €7,780
of which Trade receivables: -€20,951
- Reserves -€172,932
down €172,932 (-96.9%), from €178,397 to €5,465
- Tax, wage and social debts +€64,886
up €64,886 (+336.1%), from €19,306 to €84,192
- Debts after one year +€34,340
new in 2025: €34,340
- Trade debts +€3,531
up €3,531 (+2830.5%), from €125 to €3,656
- Gross operating margin +€589,036
up €589,036 (+518.6%), from €113,581 to €702,616
- Taxes +€146,093
up €146,093 (+684.7%), from €21,336 to €167,429
- Depreciation +€7,132
up €7,132 (+58.3%), from €12,224 to €19,356
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 | €210,189 | €140,701 | -€69,488 | -33.1% |
| Fixed assets | 21/28 | €40,639 | €67,184 | +€26,545 | +65.3% |
| Tangible fixed assets | 22/27 | €40,639 | €67,184 | +€26,545 | +65.3% |
| Land and buildings | 22 | €25,855 | €18,703 | -€7,152 | -27.7% |
| Plant, machinery and equipment | 23 | €2,578 | €1,119 | -€1,459 | -56.6% |
| Furniture and vehicles | 24 | €12,205 | €47,361 | +€35,156 | +288.0% |
| Current assets | 29/58 | €169,550 | €73,517 | -€96,033 | -56.6% |
| Amounts receivable within one year | 40/41 | €27,500 | €7,780 | -€19,720 | -71.7% |
| Trade receivables | 40 | €20,951 | - | -€20,951 | |
| Other amounts receivable | 41 | €6,550 | €7,780 | +€1,230 | +18.8% |
| Cash at bank and in hand | 54/58 | €141,615 | €65,638 | -€75,977 | -53.7% |
| Deferred charges and accrued income | 490/1 | €434 | €99 | -€335 | -77.2% |
| Total equity and liabilities | 10/49 | €210,189 | €140,701 | -€69,488 | -33.1% |
| Equity | 10/15 | €178,398 | €5,466 | -€172,932 | -96.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €178,397 | €5,465 | -€172,932 | -96.9% |
| Distributable reserves | 133 | €178,397 | €5,465 | -€172,932 | -96.9% |
| Amounts payable | 17/49 | €31,790 | €135,235 | +€103,445 | +325.4% |
| Amounts payable after more than one year | 17 | - | €34,340 | +€34,340 | |
| Financial debts | 170/4 | - | €34,340 | +€34,340 | |
| Amounts payable within one year | 42/48 | €31,790 | €100,895 | +€69,104 | +217.4% |
| Trade debts | 44 | €125 | €3,656 | +€3,531 | +2830.5% |
| Suppliers | 440/4 | €125 | €3,656 | +€3,531 | +2830.5% |
| Taxes, remuneration and social security | 45 | €19,306 | €84,192 | +€64,886 | +336.1% |
| Taxes | 450/3 | €19,306 | €84,192 | +€64,886 | +336.1% |
| Other amounts payable | 47/48 | €12,360 | €13,048 | +€687 | +5.6% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,224 | €19,356 | +€7,132 | +58.3% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €113,581 | €702,616 | +€589,036 | +518.6% |
| Operating profit (loss) | 9901 | €101,230 | €683,132 | +€581,902 | +574.8% |
| Financial income | 75/76B | €594 | €697 | +€103 | +17.4% |
| Recurring financial income | 75 | €594 | €697 | +€103 | +17.4% |
| Financial charges | 65/66B | €133 | €935 | +€802 | +600.5% |
| Recurring financial charges | 65 | €133 | €935 | +€802 | +600.5% |
| Profit (loss) for the period before taxes | 9903 | €101,691 | €682,894 | +€581,203 | +571.5% |
| Income taxes | 67/77 | €21,336 | €167,429 | +€146,093 | +684.7% |
| Profit (loss) for the period | 9904 | €80,354 | €515,465 | +€435,111 | +541.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,354 | €515,465 | +€435,111 | +541.5% |
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 3 October 2026 via checked.be.