CITIZEN RK: 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.
CITIZEN RK
Largest movements
- Cash +€47,414
up €47,414 (+79.0%), from €60,039 to €107,453
mainly Receivables within one year (+€38,791) and Trade debts (+€12,120)
- Receivables within one year -€38,791
down €38,791 (-64.1%), from €60,481 to €21,691
of which Trade receivables: -€38,291
- Financial fixed assets -€11,710
down €11,710 (-13.9%), from €84,400 to €72,690
- Tangible fixed assets +€4,232
up €4,232 (+182%), from €2,331 to €6,563
- Trade debts +€12,120
up €12,120 (+148%), from €8,165 to €20,285
- Tax, wage and social debts -€9,541
down €9,541 (-65.4%), from €14,595 to €5,054
- Reserves -€7,832
down €7,832 (-6.8%), from €115,520 to €107,688
of which Distributable reserves: -€113,660
- Other debts +€3,241
up €3,241 (+24.2%), from €13,394 to €16,635
- Accrued charges and deferred income +€2,110
up €2,110 (+51.9%), from €4,067 to €6,177
- Gross operating margin -€14,161
down €14,161 (-53.1%), from €26,654 to €12,493
- Turnover -€13,609
down €13,609 (-29.7%), from €45,852 to €32,244
- Taxes -€4,433
down €4,433 (-55.2%), from €8,033 to €3,600
- Depreciation +€762
up €762 (+99.6%), from €765 to €1,528
- Purchases and services +€553
up €553 (+2.9%), from €19,198 to €19,750
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 | €208,562 | €208,661 | +€98 | 0.0% |
| Fixed assets | 21/28 | €86,731 | €79,253 | -€7,478 | -8.6% |
| Tangible fixed assets | 22/27 | €2,331 | €6,563 | +€4,232 | +182% |
| Plant, machinery and equipment | 23 | €2,331 | €6,563 | +€4,232 | +182% |
| Financial fixed assets | 28 | €84,400 | €72,690 | -€11,710 | -13.9% |
| Current assets | 29/58 | €121,831 | €129,407 | +€7,576 | +6.2% |
| Amounts receivable within one year | 40/41 | €60,481 | €21,691 | -€38,791 | -64.1% |
| Trade receivables | 40 | €55,481 | €17,191 | -€38,291 | -69.0% |
| Other amounts receivable | 41 | €5,000 | €4,500 | -€500 | -10.0% |
| Cash at bank and in hand | 54/58 | €60,039 | €107,453 | +€47,414 | +79.0% |
| Deferred charges and accrued income | 490/1 | €1,311 | €263 | -€1,048 | -79.9% |
| Total equity and liabilities | 10/49 | €208,562 | €208,661 | +€98 | 0.0% |
| Equity | 10/15 | €168,342 | €160,509 | -€7,832 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,520 | €107,688 | -€7,832 | -6.8% |
| Non-distributable reserves | 130/1 | - | €105,828 | +€105,828 | |
| Other | 1319 | - | €105,828 | +€105,828 | |
| Distributable reserves | 133 | €115,520 | €1,860 | -€113,660 | -98.4% |
| Profit (loss) carried forward | 14 | €34,222 | €34,222 | = | 0.0% |
| Amounts payable | 17/49 | €40,221 | €48,151 | +€7,931 | +19.7% |
| Amounts payable within one year | 42/48 | €36,154 | €41,975 | +€5,821 | +16.1% |
| Trade debts | 44 | €8,165 | €20,285 | +€12,120 | +148% |
| Suppliers | 440/4 | €8,165 | €20,285 | +€12,120 | +148% |
| Taxes, remuneration and social security | 45 | €14,595 | €5,054 | -€9,541 | -65.4% |
| Taxes | 450/3 | €14,595 | €5,054 | -€9,541 | -65.4% |
| Other amounts payable | 47/48 | €13,394 | €16,635 | +€3,241 | +24.2% |
| Accrued charges and deferred income | 492/3 | €4,067 | €6,177 | +€2,110 | +51.9% |
| Turnover | 70 | €45,852 | €32,244 | -€13,609 | -29.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,198 | €19,750 | +€553 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €765 | €1,528 | +€762 | +99.6% |
| Other operating charges | 640/8 | €619 | €465 | -€153 | -24.8% |
| Gross operating margin | 9900 | €26,654 | €12,493 | -€14,161 | -53.1% |
| Operating profit (loss) | 9901 | €25,270 | €10,500 | -€14,770 | -58.4% |
| Financial charges | 65/66B | €209 | €185 | -€24 | -11.3% |
| Recurring financial charges | 65 | €209 | €185 | -€24 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €25,061 | €10,315 | -€14,747 | -58.8% |
| Income taxes | 67/77 | €8,033 | €3,600 | -€4,433 | -55.2% |
| Profit (loss) for the period | 9904 | €17,029 | €6,715 | -€10,314 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,029 | €6,715 | -€10,314 | -60.6% |
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 25 October 2026 via checked.be.