CITTA: 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.
CITTA
Largest movements
- Stocks and contracts -€266,555
down €266,555 (-48.5%), from €549,881 to €283,326
- Receivables within one year -€18,412
down €18,412 (-23.8%), from €77,312 to €58,900
of which Other amounts receivable: -€17,212
- Profit (loss) carried forward -€263,140
down €263,140 (-93.5%), from -€281,299 to -€544,439
- Short-term financial debts -€191,000
no longer reported in 2025 (was €191,000)
- Accrued charges and deferred income +€181,050
up €181,050 (+33.4%), from €542,350 to €723,400
- Trade debts -€15,438
down €15,438 (-92.9%), from €16,625 to €1,187
- Gross operating margin +€420,679
up €420,679 (+66.0%), from -€637,121 to -€216,442
- Other operating charges +€22,665
up €22,665 (+710.7%), from €3,189 to €25,854
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 | €679,709 | €397,776 | -€281,933 | -41.5% |
| Fixed assets | 21/28 | €3,708 | €2,461 | -€1,247 | -33.6% |
| Tangible fixed assets | 22/27 | €3,708 | €2,461 | -€1,247 | -33.6% |
| Plant, machinery and equipment | 23 | €3,708 | €2,461 | -€1,247 | -33.6% |
| Current assets | 29/58 | €676,001 | €395,315 | -€280,686 | -41.5% |
| Stocks and contracts in progress | 3 | €549,881 | €283,326 | -€266,555 | -48.5% |
| Stocks | 30/36 | €549,881 | €283,326 | -€266,555 | -48.5% |
| Amounts receivable within one year | 40/41 | €77,312 | €58,900 | -€18,412 | -23.8% |
| Trade receivables | 40 | €60,100 | €58,900 | -€1,200 | -2.0% |
| Other amounts receivable | 41 | €17,212 | - | -€17,212 | |
| Cash at bank and in hand | 54/58 | €48,298 | €52,530 | +€4,232 | +8.8% |
| Deferred charges and accrued income | 490/1 | €510 | €559 | +€49 | +9.6% |
| Total equity and liabilities | 10/49 | €679,709 | €397,776 | -€281,933 | -41.5% |
| Equity | 10/15 | -€196,092 | -€459,232 | -€263,140 | -134.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €23,707 | €23,707 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,707 | €23,707 | = | 0.0% |
| Legal reserve | 130 | €23,707 | €23,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€281,299 | -€544,439 | -€263,140 | -93.5% |
| Amounts payable | 17/49 | €875,801 | €857,008 | -€18,793 | -2.1% |
| Amounts payable within one year | 42/48 | €333,451 | €133,608 | -€199,843 | -59.9% |
| Financial debts | 43 | €191,000 | - | -€191,000 | |
| Credit institutions | 430/8 | €191,000 | - | -€191,000 | |
| Trade debts | 44 | €16,625 | €1,187 | -€15,438 | -92.9% |
| Suppliers | 440/4 | €16,625 | €1,187 | -€15,438 | -92.9% |
| Taxes, remuneration and social security | 45 | €335 | €6,886 | +€6,551 | +1955.5% |
| Taxes | 450/3 | €335 | €6,886 | +€6,551 | +1955.5% |
| Other amounts payable | 47/48 | €125,491 | €125,535 | +€44 | 0.0% |
| Accrued charges and deferred income | 492/3 | €542,350 | €723,400 | +€181,050 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €928 | €1,247 | +€319 | +34.4% |
| Other operating charges | 640/8 | €3,189 | €25,854 | +€22,665 | +710.7% |
| Gross operating margin | 9900 | -€637,121 | -€216,442 | +€420,679 | +66.0% |
| Operating profit (loss) | 9901 | -€641,238 | -€243,543 | +€397,695 | +62.0% |
| Financial income | 75/76B | €1 | €8 | +€7 | +700.0% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +700.0% |
| Financial charges | 65/66B | €14,437 | €19,305 | +€4,868 | +33.7% |
| Recurring financial charges | 65 | €14,437 | €19,305 | +€4,868 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€655,674 | -€262,840 | +€392,834 | +59.9% |
| Income taxes | 67/77 | -€693 | €300 | +€993 | |
| Profit (loss) for the period | 9904 | -€654,981 | -€263,140 | +€391,841 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€654,981 | -€263,140 | +€391,841 | +59.8% |
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.