DE SITTER BV: 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.
DE SITTER BV
Largest movements
- Stocks and contracts -€78,784
down €78,784 (-37.1%), from €212,317 to €133,533
- Receivables within one year +€43,637
up €43,637 (+45.8%), from €95,273 to €138,909
of which Other amounts receivable: +€62,046
- Tangible fixed assets -€9,385
down €9,385 (-19.3%), from €48,607 to €39,222
- Cash -€8,013
down €8,013 (-6.7%), from €118,948 to €110,935
mainly Net result for the year (-€49,022) and Receivables within one year (-€43,637)
- Deferred charges and accrued income +€6,299
up €6,299 (+93.1%), from €6,769 to €13,067
- Reserves -€33,393
down €33,393 (-11.7%), from €285,078 to €251,685
- Other debts -€20,798
down €20,798 (-28.2%), from €73,795 to €52,997
- Trade debts +€17,735
up €17,735 (+47.3%), from €37,530 to €55,265
- Tax, wage and social debts -€10,664
down €10,664 (-32.0%), from €33,306 to €22,642
of which Taxes: -€6,876
- Gross operating margin -€50,012
down €50,012 (-23.3%), from €214,948 to €164,936
- Staff costs -€21,586
down €21,586 (-10.3%), from €208,708 to €187,123
- Taxes +€4,229
up €4,229, from €0 to €4,229
- Depreciation +€3,995
up €3,995 (+41.3%), from €9,673 to €13,668
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.
Derived cash bridge
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 | €485,485 | €438,365 | -€47,120 | -9.7% |
| Fixed assets | 21/28 | €52,180 | €41,921 | -€10,259 | -19.7% |
| Intangible fixed assets | 21 | €3,573 | €2,699 | -€874 | -24.5% |
| Tangible fixed assets | 22/27 | €48,607 | €39,222 | -€9,385 | -19.3% |
| Plant, machinery and equipment | 23 | €25,935 | €21,811 | -€4,123 | -15.9% |
| Furniture and vehicles | 24 | €14,544 | €11,634 | -€2,910 | -20.0% |
| Other tangible fixed assets | 26 | €8,128 | €5,777 | -€2,351 | -28.9% |
| Current assets | 29/58 | €433,306 | €396,444 | -€36,861 | -8.5% |
| Stocks and contracts in progress | 3 | €212,317 | €133,533 | -€78,784 | -37.1% |
| Stocks | 30/36 | €212,317 | €133,533 | -€78,784 | -37.1% |
| Amounts receivable within one year | 40/41 | €95,273 | €138,909 | +€43,637 | +45.8% |
| Trade receivables | 40 | €95,273 | €76,863 | -€18,409 | -19.3% |
| Other amounts receivable | 41 | €0 | €62,046 | +€62,046 | |
| Cash at bank and in hand | 54/58 | €118,948 | €110,935 | -€8,013 | -6.7% |
| Deferred charges and accrued income | 490/1 | €6,769 | €13,067 | +€6,299 | +93.1% |
| Total equity and liabilities | 10/49 | €485,485 | €438,365 | -€47,120 | -9.7% |
| Equity | 10/15 | €340,855 | €307,461 | -€33,393 | -9.8% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €285,078 | €251,685 | -€33,393 | -11.7% |
| Distributable reserves | 133 | €285,078 | €251,685 | -€33,393 | -11.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €144,631 | €130,904 | -€13,727 | -9.5% |
| Amounts payable within one year | 42/48 | €144,631 | €130,904 | -€13,727 | -9.5% |
| Trade debts | 44 | €37,530 | €55,265 | +€17,735 | +47.3% |
| Suppliers | 440/4 | €37,530 | €55,265 | +€17,735 | +47.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €33,306 | €22,642 | -€10,664 | -32.0% |
| Taxes | 450/3 | €7,133 | €258 | -€6,876 | -96.4% |
| Remuneration and social security | 454/9 | €26,173 | €22,385 | -€3,788 | -14.5% |
| Other amounts payable | 47/48 | €73,795 | €52,997 | -€20,798 | -28.2% |
| Remuneration, social security and pensions | 62 | €208,708 | €187,123 | -€21,586 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,673 | €13,668 | +€3,995 | +41.3% |
| Other operating charges | 640/8 | €12,567 | €11,172 | -€1,395 | -11.1% |
| Gross operating margin | 9900 | €214,948 | €164,936 | -€50,012 | -23.3% |
| Operating profit (loss) | 9901 | -€16,000 | -€47,027 | -€31,027 | -194% |
| Financial income | 75/76B | €820 | €2,390 | +€1,570 | +192% |
| Recurring financial income | 75 | €820 | €2,390 | +€1,570 | +192% |
| Financial charges | 65/66B | €1,540 | €157 | -€1,384 | -89.8% |
| Recurring financial charges | 65 | €1,540 | €157 | -€1,384 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,720 | -€44,793 | -€28,073 | -168% |
| Income taxes | 67/77 | €0 | €4,229 | +€4,229 | |
| Profit (loss) for the period | 9904 | -€16,720 | -€49,022 | -€32,302 | -193% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,720 | -€49,022 | -€32,302 | -193% |
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 15 October 2026 via checked.be.