CITRON: 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.
CITRON
Largest movements
- Tangible fixed assets -€44,028
down €44,028 (-12.8%), from €342,962 to €298,934
of which Other tangible fixed assets: -€28,145
- Receivables within one year +€40,734
up €40,734 (+433.4%), from €9,399 to €50,134
of which Trade receivables: +€37,435
- Cash +€38,280
up €38,280, from €0 to €38,280
mainly Accrued charges and deferred income (+€64,074) and Depreciation (+€50,177)
- Stocks and contracts -€6,374
down €6,374 (-34.6%), from €18,433 to €12,059
- Accrued charges and deferred income +€64,074
up €64,074 (+641.3%), from €9,991 to €74,065
- Profit (loss) carried forward -€48,853
down €48,853 (-39.8%), from -€122,834 to -€171,686
- Trade debts +€32,747
up €32,747 (+40.5%), from €80,925 to €113,672
- Tax, wage and social debts -€15,631
down €15,631 (-5.2%), from €297,805 to €282,174
of which Taxes: -€9,833
- Gross operating margin -€376,706
down €376,706 (-58.9%), from €639,075 to €262,369
- Staff costs -€184,111
down €184,111 (-44.0%), from €418,460 to €234,349
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 | €373,505 | €406,032 | +€32,527 | +8.7% |
| Fixed assets | 21/28 | €344,555 | €304,527 | -€40,028 | -11.6% |
| Tangible fixed assets | 22/27 | €342,962 | €298,934 | -€44,028 | -12.8% |
| Plant, machinery and equipment | 23 | €31,405 | €29,080 | -€2,326 | -7.4% |
| Furniture and vehicles | 24 | €43,207 | €29,650 | -€13,557 | -31.4% |
| Other tangible fixed assets | 26 | €268,350 | €240,204 | -€28,145 | -10.5% |
| Financial fixed assets | 28 | €1,593 | €5,593 | +€4,000 | +251.1% |
| Current assets | 29/58 | €28,949 | €101,505 | +€72,555 | +250.6% |
| Stocks and contracts in progress | 3 | €18,433 | €12,059 | -€6,374 | -34.6% |
| Stocks | 30/36 | €18,433 | €12,059 | -€6,374 | -34.6% |
| Amounts receivable within one year | 40/41 | €9,399 | €50,134 | +€40,734 | +433.4% |
| Trade receivables | 40 | €8,737 | €46,173 | +€37,435 | +428.5% |
| Other amounts receivable | 41 | €662 | €3,961 | +€3,299 | +498.3% |
| Cash at bank and in hand | 54/58 | €0 | €38,280 | +€38,280 | |
| Deferred charges and accrued income | 490/1 | €1,117 | €1,032 | -€85 | -7.6% |
| Total equity and liabilities | 10/49 | €373,505 | €406,032 | +€32,527 | +8.7% |
| Equity | 10/15 | -€102,374 | -€151,226 | -€48,853 | -47.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,834 | -€171,686 | -€48,853 | -39.8% |
| Amounts payable | 17/49 | €475,878 | €557,258 | +€81,380 | +17.1% |
| Amounts payable within one year | 42/48 | €465,887 | €483,193 | +€17,306 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €1,139 | €0 | -€1,139 | -100.0% |
| Financial debts | 43 | €124 | €191 | +€66 | +53.4% |
| Credit institutions | 430/8 | €124 | €191 | +€66 | +53.4% |
| Trade debts | 44 | €80,925 | €113,672 | +€32,747 | +40.5% |
| Suppliers | 440/4 | €80,925 | €113,672 | +€32,747 | +40.5% |
| Advances received on contracts in progress | 46 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €297,805 | €282,174 | -€15,631 | -5.2% |
| Taxes | 450/3 | €207,249 | €197,417 | -€9,833 | -4.7% |
| Remuneration and social security | 454/9 | €90,556 | €84,758 | -€5,798 | -6.4% |
| Other amounts payable | 47/48 | €83,893 | €85,156 | +€1,262 | +1.5% |
| Accrued charges and deferred income | 492/3 | €9,991 | €74,065 | +€64,074 | +641.3% |
| Non-recurring operating income | 76A | €344,078 | €0 | -€344,078 | -100.0% |
| Remuneration, social security and pensions | 62 | €418,460 | €234,349 | -€184,111 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,382 | €50,177 | -€1,205 | -2.3% |
| Other operating charges | 640/8 | €536 | €2,087 | +€1,551 | +289.3% |
| Non-recurring operating charges | 66A | €0 | €964 | +€964 | |
| Gross operating margin | 9900 | €639,075 | €262,369 | -€376,706 | -58.9% |
| Operating profit (loss) | 9901 | €168,698 | -€25,207 | -€193,905 | |
| Financial income | 75/76B | €20 | €0 | -€19 | -99.8% |
| Recurring financial income | 75 | €20 | €0 | -€19 | -99.8% |
| Financial charges | 65/66B | €19,545 | €23,645 | +€4,100 | +21.0% |
| Recurring financial charges | 65 | €19,545 | €5,646 | -€13,899 | -71.1% |
| Non-recurring financial charges | 66B | - | €17,999 | +€17,999 | |
| Profit (loss) for the period before taxes | 9903 | €149,172 | -€48,853 | -€198,025 | |
| Profit (loss) for the period | 9904 | €149,172 | -€48,853 | -€198,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €149,172 | -€48,853 | -€198,025 |
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 6 October 2026 via checked.be.