Cito Dranouter: 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.
Cito Dranouter
Largest movements
- Tangible fixed assets +€159,290
up €159,290 (+33.1%), from €481,403 to €640,693
of which Furniture and vehicles: +€92,723
- Receivables within one year +€35,168
up €35,168 (+56.8%), from €61,957 to €97,125
of which Trade receivables: +€38,800
- Stocks and contracts +€34,038
up €34,038 (+12.7%), from €268,722 to €302,760
- Cash -€11,137
down €11,137 (-32.7%), from €34,024 to €22,888
mainly Investment in fixed assets (net) (-€241,570) and Trade debts (-€49,874)
- Debts after one year +€234,838
up €234,838 (+121%), from €193,590 to €428,428
- Trade debts -€49,874
down €49,874 (-68.6%), from €72,752 to €22,877
- Reserves +€23,093
up €23,093 (+9.5%), from €243,037 to €266,130
of which Distributable reserves: +€13,413
- Tax, wage and social debts -€21,581
down €21,581 (-36.9%), from €58,529 to €36,949
of which Taxes: -€32,625
- Other debts +€20,304
up €20,304 (+19.7%), from €103,050 to €123,354
- Gross operating margin +€89,176
up €89,176 (+41.1%), from €216,919 to €306,096
- Staff costs +€32,526
up €32,526 (+23.1%), from €140,681 to €173,207
- Depreciation +€9,650
up €9,650 (+13.3%), from €72,630 to €82,280
- Other operating charges -€8,470
down €8,470 (-51.4%), from €16,471 to €8,000
- Financial charges +€6,553
up €6,553 (+58.5%), from €11,208 to €17,761
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 | €871,708 | €1,090,969 | +€219,260 | +25.2% |
| Fixed assets | 21/28 | €481,943 | €641,233 | +€159,290 | +33.1% |
| Tangible fixed assets | 22/27 | €481,403 | €640,693 | +€159,290 | +33.1% |
| Land and buildings | 22 | €375,639 | €457,557 | +€81,918 | +21.8% |
| Plant, machinery and equipment | 23 | €36,171 | €20,819 | -€15,351 | -42.4% |
| Furniture and vehicles | 24 | €69,593 | €162,317 | +€92,723 | +133% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €389,765 | €449,736 | +€59,970 | +15.4% |
| Stocks and contracts in progress | 3 | €268,722 | €302,760 | +€34,038 | +12.7% |
| Stocks | 30/36 | €268,722 | €302,760 | +€34,038 | +12.7% |
| Amounts receivable within one year | 40/41 | €61,957 | €97,125 | +€35,168 | +56.8% |
| Trade receivables | 40 | €57,974 | €96,773 | +€38,800 | +66.9% |
| Other amounts receivable | 41 | €3,984 | €352 | -€3,632 | -91.2% |
| Current investments | 50/53 | €54 | €54 | -€0 | -0.8% |
| Cash at bank and in hand | 54/58 | €34,024 | €22,888 | -€11,137 | -32.7% |
| Deferred charges and accrued income | 490/1 | €25,007 | €26,909 | +€1,902 | +7.6% |
| Total equity and liabilities | 10/49 | €871,708 | €1,090,969 | +€219,260 | +25.2% |
| Equity | 10/15 | €401,342 | €424,435 | +€23,093 | +5.8% |
| Contributions | 10/11 | €158,305 | €158,305 | = | 0.0% |
| Capital | 10 | €158,305 | €158,305 | = | 0.0% |
| Issued capital | 100 | €158,305 | €158,305 | = | 0.0% |
| Reserves | 13 | €243,037 | €266,130 | +€23,093 | +9.5% |
| Non-distributable reserves | 130/1 | €6,150 | €15,831 | +€9,681 | +157% |
| Legal reserve | 130 | €6,150 | €15,831 | +€9,681 | +157% |
| Tax-exempt reserves | 132 | €32,500 | €32,500 | = | 0.0% |
| Distributable reserves | 133 | €204,387 | €217,799 | +€13,413 | +6.6% |
| Amounts payable | 17/49 | €470,367 | €666,534 | +€196,167 | +41.7% |
| Amounts payable after more than one year | 17 | €193,590 | €428,428 | +€234,838 | +121% |
| Financial debts | 170/4 | €193,590 | €428,428 | +€234,838 | +121% |
| Amounts payable within one year | 42/48 | €276,777 | €238,106 | -€38,671 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €42,446 | €54,926 | +€12,480 | +29.4% |
| Trade debts | 44 | €72,752 | €22,877 | -€49,874 | -68.6% |
| Suppliers | 440/4 | €72,752 | €22,877 | -€49,874 | -68.6% |
| Taxes, remuneration and social security | 45 | €58,529 | €36,949 | -€21,581 | -36.9% |
| Taxes | 450/3 | €39,187 | €6,561 | -€32,625 | -83.3% |
| Remuneration and social security | 454/9 | €19,343 | €30,387 | +€11,045 | +57.1% |
| Other amounts payable | 47/48 | €103,050 | €123,354 | +€20,304 | +19.7% |
| Non-recurring operating income | 76A | €21,777 | €79,852 | +€58,075 | +267% |
| Remuneration, social security and pensions | 62 | €140,681 | €173,207 | +€32,526 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,630 | €82,280 | +€9,650 | +13.3% |
| Other operating charges | 640/8 | €16,471 | €8,000 | -€8,470 | -51.4% |
| Non-recurring operating charges | 66A | €1,507 | €3,510 | +€2,003 | +133% |
| Gross operating margin | 9900 | €216,919 | €306,096 | +€89,176 | +41.1% |
| Operating profit (loss) | 9901 | -€14,369 | €39,099 | +€53,468 | |
| Financial income | 75/76B | €1,728 | €1,755 | +€28 | +1.6% |
| Recurring financial income | 75 | €1,728 | €1,755 | +€28 | +1.6% |
| Financial charges | 65/66B | €11,208 | €17,761 | +€6,553 | +58.5% |
| Recurring financial charges | 65 | €11,208 | €17,761 | +€6,553 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,849 | €23,093 | +€46,942 | |
| Income taxes | 67/77 | -€69 | - | +€69 | |
| Profit (loss) for the period | 9904 | -€23,780 | €23,093 | +€46,874 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,780 | €23,093 | +€46,874 |
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 14 October 2026 via checked.be.