CITRACO: 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.
CITRACO
Largest movements
- Receivables within one year +€25,307
up €25,307 (+3001.3%), from €843 to €26,151
- Tangible fixed assets -€4,052
down €4,052 (-10.8%), from €37,565 to €33,513
of which Land and buildings: -€2,424
- Cash +€2,394
up €2,394 (+1668.1%), from €144 to €2,538
mainly Net result for the year (+€18,354) and Tax, wage and social debts (+€5,127)
- Reserves +€18,354
up €18,354 (+131.7%), from €13,933 to €32,287
- Tax, wage and social debts +€5,127
up €5,127 (+101.6%), from €5,045 to €10,171
- Trade debts +€955
up €955 (+508.9%), from €188 to €1,142
- Other debts -€787
down €787 (-100.0%), from €787 to €0
- Gross operating margin +€6,618
up €6,618 (+30.1%), from €22,002 to €28,620
- Other operating charges -€413
down €413 (-28.2%), from €1,460 to €1,048
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 | €38,551 | €62,201 | +€23,649 | +61.3% |
| Fixed assets | 21/28 | €37,565 | €33,513 | -€4,052 | -10.8% |
| Tangible fixed assets | 22/27 | €37,565 | €33,513 | -€4,052 | -10.8% |
| Land and buildings | 22 | €33,674 | €31,250 | -€2,424 | -7.2% |
| Plant, machinery and equipment | 23 | €3,891 | €2,263 | -€1,628 | -41.9% |
| Current assets | 29/58 | €987 | €28,688 | +€27,702 | +2807.4% |
| Amounts receivable within one year | 40/41 | €843 | €26,151 | +€25,307 | +3001.3% |
| Other amounts receivable | 41 | €843 | €26,151 | +€25,307 | +3001.3% |
| Cash at bank and in hand | 54/58 | €144 | €2,538 | +€2,394 | +1668.1% |
| Total equity and liabilities | 10/49 | €38,551 | €62,201 | +€23,649 | +61.3% |
| Equity | 10/15 | €32,533 | €50,887 | +€18,354 | +56.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,933 | €32,287 | +€18,354 | +131.7% |
| Distributable reserves | 133 | €13,933 | €32,287 | +€18,354 | +131.7% |
| Amounts payable | 17/49 | €6,019 | €11,314 | +€5,295 | +88.0% |
| Amounts payable within one year | 42/48 | €6,019 | €11,314 | +€5,295 | +88.0% |
| Trade debts | 44 | €188 | €1,142 | +€955 | +508.9% |
| Suppliers | 440/4 | €188 | €1,142 | +€955 | +508.9% |
| Taxes, remuneration and social security | 45 | €5,045 | €10,171 | +€5,127 | +101.6% |
| Taxes | 450/3 | €5,045 | €10,171 | +€5,127 | +101.6% |
| Other amounts payable | 47/48 | €787 | €0 | -€787 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,192 | €4,052 | -€140 | -3.3% |
| Other operating charges | 640/8 | €1,460 | €1,048 | -€413 | -28.2% |
| Gross operating margin | 9900 | €22,002 | €28,620 | +€6,618 | +30.1% |
| Operating profit (loss) | 9901 | €16,349 | €23,520 | +€7,170 | +43.9% |
| Financial charges | 65/66B | €38 | €38 | +€0 | 0.0% |
| Recurring financial charges | 65 | €38 | €38 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €16,311 | €23,481 | +€7,170 | +44.0% |
| Income taxes | 67/77 | €5,045 | €5,127 | +€82 | +1.6% |
| Profit (loss) for the period | 9904 | €11,266 | €18,354 | +€7,088 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,266 | €18,354 | +€7,088 | +62.9% |
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 5 October 2026 via checked.be.