CITODE: 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.
CITODE
Largest movements
- Tangible fixed assets -€7,219
down €7,219 (-51.5%), from €14,007 to €6,788
of which Other tangible fixed assets: -€6,782
- Receivables within one year +€5,515
up €5,515 (+61.4%), from €8,987 to €14,502
of which Other amounts receivable: +€5,730
- Cash +€2,426
up €2,426 (+13.8%), from €17,627 to €20,053
mainly Depreciation (+€9,510) and Net result for the year (+€7,499)
- Intangible fixed assets -€2,292
no longer reported in 2025 (was €2,292)
- Other debts -€11,627
down €11,627 (-27.9%), from €41,662 to €30,035
- Profit (loss) carried forward +€7,499
up €7,499 (+27.7%), from -€27,031 to -€19,533
- Trade debts +€2,750
up €2,750 (+102.9%), from €2,673 to €5,423
- Tax, wage and social debts +€809
up €809 (+6.6%), from €12,276 to €13,085
of which Remuneration and social security: +€704
- Current portion of long-term debt -€520
down €520 (-34.9%), from €1,491 to €971
- Staff costs +€8,765
up €8,765 (+15.6%), from €56,277 to €65,042
- Gross operating margin +€2,113
up €2,113 (+2.6%), from €81,473 to €83,587
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 | €51,071 | €49,982 | -€1,089 | -2.1% |
| Fixed assets | 21/28 | €16,298 | €6,788 | -€9,510 | -58.4% |
| Intangible fixed assets | 21 | €2,292 | - | -€2,292 | |
| Tangible fixed assets | 22/27 | €14,007 | €6,788 | -€7,219 | -51.5% |
| Plant, machinery and equipment | 23 | €436 | - | -€436 | |
| Other tangible fixed assets | 26 | €13,570 | €6,788 | -€6,782 | -50.0% |
| Current assets | 29/58 | €34,772 | €43,193 | +€8,421 | +24.2% |
| Stocks and contracts in progress | 3 | €8,158 | €8,638 | +€480 | +5.9% |
| Stocks | 30/36 | €8,158 | €8,638 | +€480 | +5.9% |
| Amounts receivable within one year | 40/41 | €8,987 | €14,502 | +€5,515 | +61.4% |
| Trade receivables | 40 | €2,390 | €2,175 | -€215 | -9.0% |
| Other amounts receivable | 41 | €6,597 | €12,327 | +€5,730 | +86.8% |
| Cash at bank and in hand | 54/58 | €17,627 | €20,053 | +€2,426 | +13.8% |
| Total equity and liabilities | 10/49 | €51,071 | €49,982 | -€1,089 | -2.1% |
| Equity | 10/15 | -€7,031 | €467 | +€7,499 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,031 | -€19,533 | +€7,499 | +27.7% |
| Amounts payable | 17/49 | €58,102 | €49,514 | -€8,588 | -14.8% |
| Amounts payable within one year | 42/48 | €58,102 | €49,514 | -€8,588 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €1,491 | €971 | -€520 | -34.9% |
| Trade debts | 44 | €2,673 | €5,423 | +€2,750 | +102.9% |
| Suppliers | 440/4 | €2,673 | €5,423 | +€2,750 | +102.9% |
| Taxes, remuneration and social security | 45 | €12,276 | €13,085 | +€809 | +6.6% |
| Taxes | 450/3 | €7,002 | €7,107 | +€105 | +1.5% |
| Remuneration and social security | 454/9 | €5,274 | €5,978 | +€704 | +13.3% |
| Other amounts payable | 47/48 | €41,662 | €30,035 | -€11,627 | -27.9% |
| Non-recurring operating income | 76A | - | €1,016 | +€1,016 | |
| Remuneration, social security and pensions | 62 | €56,277 | €65,042 | +€8,765 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,883 | €9,510 | -€373 | -3.8% |
| Other operating charges | 640/8 | €829 | - | -€829 | |
| Gross operating margin | 9900 | €81,473 | €83,587 | +€2,113 | +2.6% |
| Operating profit (loss) | 9901 | €14,484 | €9,034 | -€5,449 | -37.6% |
| Financial income | 75/76B | €22 | €123 | +€101 | +467.2% |
| Recurring financial income | 75 | €22 | €123 | +€101 | +467.2% |
| Financial charges | 65/66B | €1,885 | €1,658 | -€226 | -12.0% |
| Recurring financial charges | 65 | €1,885 | €1,658 | -€226 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €12,621 | €7,499 | -€5,122 | -40.6% |
| Income taxes | 67/77 | €635 | - | -€635 | |
| Profit (loss) for the period | 9904 | €11,986 | €7,499 | -€4,487 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,986 | €7,499 | -€4,487 | -37.4% |
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 11 October 2026 via checked.be.