Git'Sit: 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.
Git'Sit
Largest movements
- Tangible fixed assets -€20,151
down €20,151 (-35.2%), from €57,199 to €37,049
of which Furniture and vehicles: -€18,926
- Receivables within one year -€13,404
down €13,404 (-20.1%), from €66,737 to €53,333
of which Trade receivables: -€28,508
- Debts after one year -€76,964
no longer reported in 2025 (was €76,964)
- Other debts +€32,516
up €32,516 (+22.3%), from €145,907 to €178,423
- Reserves +€22,063
up €22,063 (+9.3%), from €236,247 to €258,309
of which Distributable reserves: +€22,063
- Accrued charges and deferred income -€12,961
down €12,961 (-49.8%), from €26,013 to €13,052
- Trade debts +€8,808
up €8,808 (+235.6%), from €3,739 to €12,547
- Gross operating margin -€43,687
down €43,687 (-52.2%), from €83,642 to €39,955
- Depreciation -€9,513
down €9,513 (-32.1%), from €29,664 to €20,151
- Staff costs -€7,687
no longer reported in 2025 (was €7,687)
- Financial charges -€6,056
down €6,056 (-74.1%), from €8,170 to €2,114
- Financial income +€5,431
up €5,431 (+76.7%), from €7,083 to €12,514
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 | €563,892 | €533,157 | -€30,735 | -5.5% |
| Fixed assets | 21/28 | €57,973 | €37,699 | -€20,275 | -35.0% |
| Tangible fixed assets | 22/27 | €57,199 | €37,049 | -€20,151 | -35.2% |
| Land and buildings | 22 | €7,286 | €6,061 | -€1,225 | -16.8% |
| Furniture and vehicles | 24 | €49,913 | €30,988 | -€18,926 | -37.9% |
| Financial fixed assets | 28 | €774 | €650 | -€124 | -16.0% |
| Current assets | 29/58 | €505,918 | €495,458 | -€10,460 | -2.1% |
| Stocks and contracts in progress | 3 | €1,955 | €2,345 | +€390 | +20.0% |
| Stocks | 30/36 | €1,955 | €2,345 | +€390 | +20.0% |
| Amounts receivable within one year | 40/41 | €66,737 | €53,333 | -€13,404 | -20.1% |
| Trade receivables | 40 | €56,394 | €27,886 | -€28,508 | -50.6% |
| Other amounts receivable | 41 | €10,343 | €25,447 | +€15,104 | +146.0% |
| Current investments | 50/53 | €117,644 | €114,947 | -€2,697 | -2.3% |
| Cash at bank and in hand | 54/58 | €318,332 | €323,529 | +€5,197 | +1.6% |
| Deferred charges and accrued income | 490/1 | €1,249 | €1,304 | +€54 | +4.3% |
| Total equity and liabilities | 10/49 | €563,892 | €533,157 | -€30,735 | -5.5% |
| Equity | 10/15 | €299,247 | €321,309 | +€22,063 | +7.4% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €236,247 | €258,309 | +€22,063 | +9.3% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €229,947 | €252,009 | +€22,063 | +9.6% |
| Amounts payable | 17/49 | €264,645 | €211,847 | -€52,798 | -20.0% |
| Amounts payable after more than one year | 17 | €76,964 | - | -€76,964 | |
| Other amounts payable | 178/9 | €76,964 | - | -€76,964 | |
| Amounts payable within one year | 42/48 | €161,668 | €198,796 | +€37,128 | +23.0% |
| Trade debts | 44 | €3,739 | €12,547 | +€8,808 | +235.6% |
| Suppliers | 440/4 | €3,739 | €12,547 | +€8,808 | +235.6% |
| Taxes, remuneration and social security | 45 | €12,022 | €7,826 | -€4,197 | -34.9% |
| Taxes | 450/3 | €12,022 | €2,490 | -€9,532 | -79.3% |
| Remuneration and social security | 454/9 | - | €5,336 | +€5,336 | |
| Other amounts payable | 47/48 | €145,907 | €178,423 | +€32,516 | +22.3% |
| Accrued charges and deferred income | 492/3 | €26,013 | €13,052 | -€12,961 | -49.8% |
| Remuneration, social security and pensions | 62 | €7,687 | - | -€7,687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,664 | €20,151 | -€9,513 | -32.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €337 | +€337 | |
| Other operating charges | 640/8 | €1,455 | €1,270 | -€184 | -12.7% |
| Gross operating margin | 9900 | €83,642 | €39,955 | -€43,687 | -52.2% |
| Operating profit (loss) | 9901 | €44,837 | €18,197 | -€26,639 | -59.4% |
| Financial income | 75/76B | €7,083 | €12,514 | +€5,431 | +76.7% |
| Recurring financial income | 75 | €7,083 | €12,514 | +€5,431 | +76.7% |
| Financial charges | 65/66B | €8,170 | €2,114 | -€6,056 | -74.1% |
| Recurring financial charges | 65 | €8,170 | €2,114 | -€6,056 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | €43,750 | €28,597 | -€15,153 | -34.6% |
| Income taxes | 67/77 | €11,515 | €6,534 | -€4,981 | -43.3% |
| Profit (loss) for the period | 9904 | €32,235 | €22,063 | -€10,172 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,235 | €22,063 | -€10,172 | -31.6% |
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.