CITU: 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.
CITU
Largest movements
- Tangible fixed assets +€22,602
up €22,602 (+323.0%), from €6,998 to €29,600
- Stocks and contracts -€21,427
no longer reported in 2025 (was €21,427)
- Receivables within one year -€13,657
down €13,657 (-20.6%), from €66,226 to €52,569
of which Trade receivables: -€7,564
- Cash -€7,993
no longer reported in 2025 (was €7,993)
mainly Investment in fixed assets (net) (-€30,002) and Trade debts (-€14,801)
- Trade debts -€14,801
down €14,801 (-73.2%), from €20,218 to €5,417
- Profit (loss) carried forward -€13,605
down €13,605 (-51.6%), from €26,355 to €12,750
- Tax, wage and social debts +€4,846
new in 2025: €4,846
- Other debts +€2,859
up €2,859 (+7.0%), from €41,029 to €43,888
- Gross operating margin -€46,988
down €46,988, from €27,295 to -€19,693
- Financial income +€17,491
new in 2025: €17,491
- Staff costs -€4,955
no longer reported in 2025 (was €4,955)
- Depreciation +€4,342
up €4,342 (+107.0%), from €4,058 to €8,400
- Financial charges -€1,171
down €1,171 (-82.7%), from €1,417 to €245
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 | €107,913 | €86,957 | -€20,956 | -19.4% |
| Fixed assets | 21/28 | €12,198 | €33,800 | +€21,602 | +177.1% |
| Intangible fixed assets | 21 | €1,000 | - | -€1,000 | |
| Tangible fixed assets | 22/27 | €6,998 | €29,600 | +€22,602 | +323.0% |
| Furniture and vehicles | 24 | €6,998 | €29,600 | +€22,602 | +323.0% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €95,715 | €53,157 | -€42,558 | -44.5% |
| Stocks and contracts in progress | 3 | €21,427 | - | -€21,427 | |
| Stocks | 30/36 | €21,427 | - | -€21,427 | |
| Amounts receivable within one year | 40/41 | €66,226 | €52,569 | -€13,657 | -20.6% |
| Trade receivables | 40 | €60,133 | €52,569 | -€7,564 | -12.6% |
| Other amounts receivable | 41 | €6,093 | - | -€6,093 | |
| Cash at bank and in hand | 54/58 | €7,993 | - | -€7,993 | |
| Deferred charges and accrued income | 490/1 | €70 | €589 | +€519 | +743.3% |
| Total equity and liabilities | 10/49 | €107,913 | €86,957 | -€20,956 | -19.4% |
| Equity | 10/15 | €45,895 | €32,290 | -€13,605 | -29.6% |
| Contributions | 10/11 | €17,680 | €17,680 | = | 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 | €26,355 | €12,750 | -€13,605 | -51.6% |
| Amounts payable | 17/49 | €62,018 | €54,668 | -€7,350 | -11.9% |
| Amounts payable within one year | 42/48 | €62,018 | €54,668 | -€7,350 | -11.9% |
| Financial debts | 43 | €771 | €517 | -€254 | -32.9% |
| Credit institutions | 430/8 | €771 | €517 | -€254 | -32.9% |
| Trade debts | 44 | €20,218 | €5,417 | -€14,801 | -73.2% |
| Suppliers | 440/4 | €20,218 | €5,417 | -€14,801 | -73.2% |
| Taxes, remuneration and social security | 45 | - | €4,846 | +€4,846 | |
| Taxes | 450/3 | - | €4,846 | +€4,846 | |
| Other amounts payable | 47/48 | €41,029 | €43,888 | +€2,859 | +7.0% |
| Remuneration, social security and pensions | 62 | €4,955 | - | -€4,955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,058 | €8,400 | +€4,342 | +107.0% |
| Other operating charges | 640/8 | €1,411 | €1,613 | +€202 | +14.3% |
| Gross operating margin | 9900 | €27,295 | -€19,693 | -€46,988 | |
| Operating profit (loss) | 9901 | €16,871 | -€29,706 | -€46,578 | |
| Financial income | 75/76B | - | €17,491 | +€17,491 | |
| Recurring financial income | 75 | - | €17,491 | +€17,491 | |
| Financial charges | 65/66B | €1,417 | €245 | -€1,171 | -82.7% |
| Recurring financial charges | 65 | €1,417 | €245 | -€1,171 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | €15,455 | -€12,460 | -€27,915 | |
| Income taxes | 67/77 | - | €1,145 | +€1,145 | |
| Profit (loss) for the period | 9904 | €15,455 | -€13,605 | -€29,060 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,455 | -€13,605 | -€29,060 |
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.