CITIO: 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.
CITIO
Largest movements
- Receivables within one year +€18,309
up €18,309 (+160.0%), from €11,440 to €29,749
of which Trade receivables: +€18,522
- Cash -€11,833
down €11,833 (-18.1%), from €65,444 to €53,611
mainly Receivables within one year (-€18,309) and Contributions, distributions and other (-€8,000)
- Tangible fixed assets -€4,107
down €4,107 (-100.0%), from €4,107 to €0
- Profit (loss) carried forward +€5,730
up €5,730 (+10.2%), from €56,076 to €61,806
- Trade debts -€1,578
down €1,578 (-78.1%), from €2,020 to €442
- Tax, wage and social debts -€1,175
down €1,175 (-19.0%), from €6,171 to €4,996
of which Remuneration and social security: -€2,462
- Gross operating margin +€6,292
up €6,292 (+36.3%), from €17,336 to €23,628
- Taxes +€2,020
up €2,020 (+65.8%), from €3,070 to €5,089
- Depreciation -€477
down €477 (-10.4%), from €4,585 to €4,107
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 | €82,290 | €84,770 | +€2,480 | +3.0% |
| Fixed assets | 21/28 | €4,107 | €0 | -€4,107 | -100.0% |
| Tangible fixed assets | 22/27 | €4,107 | €0 | -€4,107 | -100.0% |
| Furniture and vehicles | 24 | €4,107 | €0 | -€4,107 | -100.0% |
| Current assets | 29/58 | €78,183 | €84,770 | +€6,588 | +8.4% |
| Amounts receivable within one year | 40/41 | €11,440 | €29,749 | +€18,309 | +160.0% |
| Trade receivables | 40 | €11,002 | €29,524 | +€18,522 | +168.4% |
| Other amounts receivable | 41 | €438 | €225 | -€213 | -48.6% |
| Cash at bank and in hand | 54/58 | €65,444 | €53,611 | -€11,833 | -18.1% |
| Deferred charges and accrued income | 490/1 | €1,299 | €1,410 | +€111 | +8.6% |
| Total equity and liabilities | 10/49 | €82,290 | €84,770 | +€2,480 | +3.0% |
| Equity | 10/15 | €57,076 | €62,806 | +€5,730 | +10.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | - | -€1,000 | |
| Share premium | 1100/10 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €56,076 | €61,806 | +€5,730 | +10.2% |
| Amounts payable | 17/49 | €25,214 | €21,964 | -€3,250 | -12.9% |
| Amounts payable within one year | 42/48 | €25,214 | €21,964 | -€3,250 | -12.9% |
| Trade debts | 44 | €2,020 | €442 | -€1,578 | -78.1% |
| Suppliers | 440/4 | €2,020 | €442 | -€1,578 | -78.1% |
| Taxes, remuneration and social security | 45 | €6,171 | €4,996 | -€1,175 | -19.0% |
| Taxes | 450/3 | €3,710 | €4,996 | +€1,286 | +34.7% |
| Remuneration and social security | 454/9 | €2,462 | €0 | -€2,462 | -100.0% |
| Other amounts payable | 47/48 | €17,023 | €16,526 | -€498 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,585 | €4,107 | -€477 | -10.4% |
| Other operating charges | 640/8 | €564 | €582 | +€18 | +3.3% |
| Gross operating margin | 9900 | €17,336 | €23,628 | +€6,292 | +36.3% |
| Operating profit (loss) | 9901 | €12,188 | €18,939 | +€6,751 | +55.4% |
| Financial charges | 65/66B | €114 | €119 | +€5 | +4.4% |
| Recurring financial charges | 65 | €114 | €119 | +€5 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €12,074 | €18,820 | +€6,746 | +55.9% |
| Income taxes | 67/77 | €3,070 | €5,089 | +€2,020 | +65.8% |
| Profit (loss) for the period | 9904 | €9,004 | €13,730 | +€4,726 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,004 | €13,730 | +€4,726 | +52.5% |
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.