SIRTITUDE: 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.
SIRTITUDE
Largest movements
- Receivables within one year +€31,560
up €31,560 (+552%), from €5,717 to €37,277
of which Other amounts receivable: +€31,560
- Trade debts +€27,763
up €27,763 (+306%), from €9,059 to €36,823
- Other debts -€7,199
no longer reported in 2024 (was €7,199)
- Reserves +€5,811
up €5,811 (+6.7%), from €86,870 to €92,681
- Accrued charges and deferred income +€3,727
up €3,727 (+164%), from €2,273 to €6,000
- Financial income +€986
up €986 (+547,817%), from €0 to €986
- Taxes +€835
up €835 (+30.5%), from €2,737 to €3,572
- Other operating charges +€658
new in 2024: €658
- Gross operating margin +€523
up €523 (+4.9%), from €10,573 to €11,096
- Financial charges -€257
down €257 (-37.2%), from €692 to €435
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,648 | €175,252 | +€30,603 | +21.2% |
| Fixed assets | 21/28 | €138,111 | €136,505 | -€1,606 | -1.2% |
| Tangible fixed assets | 22/27 | €8,111 | €6,505 | -€1,606 | -19.8% |
| Furniture and vehicles | 24 | €8,111 | €6,505 | -€1,606 | -19.8% |
| Financial fixed assets | 28 | €130,000 | €130,000 | = | 0.0% |
| Current assets | 29/58 | €6,537 | €38,747 | +€32,209 | +493% |
| Amounts receivable within one year | 40/41 | €5,717 | €37,277 | +€31,560 | +552% |
| Trade receivables | 40 | €5,717 | €5,717 | = | 0.0% |
| Other amounts receivable | 41 | - | €31,560 | +€31,560 | |
| Cash at bank and in hand | 54/58 | €820 | €483 | -€337 | -41.1% |
| Deferred charges and accrued income | 490/1 | - | €986 | +€986 | |
| Total equity and liabilities | 10/49 | €144,648 | €175,252 | +€30,603 | +21.2% |
| Equity | 10/15 | €105,420 | €111,231 | +€5,811 | +5.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €86,870 | €92,681 | +€5,811 | +6.7% |
| Distributable reserves | 133 | €86,870 | €92,681 | +€5,811 | +6.7% |
| Amounts payable | 17/49 | €39,228 | €64,021 | +€24,793 | +63.2% |
| Amounts payable within one year | 42/48 | €36,955 | €58,021 | +€21,066 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | - | €897 | +€897 | |
| Trade debts | 44 | €9,059 | €36,823 | +€27,763 | +306% |
| Suppliers | 440/4 | €9,059 | €36,823 | +€27,763 | +306% |
| Taxes, remuneration and social security | 45 | €20,697 | €20,301 | -€395 | -1.9% |
| Taxes | 450/3 | €17,543 | €20,301 | +€2,758 | +15.7% |
| Remuneration and social security | 454/9 | €3,153 | - | -€3,153 | |
| Other amounts payable | 47/48 | €7,199 | - | -€7,199 | |
| Accrued charges and deferred income | 492/3 | €2,273 | €6,000 | +€3,727 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,457 | €1,606 | +€149 | +10.2% |
| Other operating charges | 640/8 | - | €658 | +€658 | |
| Gross operating margin | 9900 | €10,573 | €11,096 | +€523 | +4.9% |
| Operating profit (loss) | 9901 | €9,116 | €8,832 | -€284 | -3.1% |
| Financial income | 75/76B | €0 | €986 | +€986 | +547,817% |
| Recurring financial income | 75 | €0 | €986 | +€986 | +547,817% |
| Financial charges | 65/66B | €692 | €435 | -€257 | -37.2% |
| Recurring financial charges | 65 | €692 | €435 | -€257 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €8,424 | €9,383 | +€959 | +11.4% |
| Income taxes | 67/77 | €2,737 | €3,572 | +€835 | +30.5% |
| Profit (loss) for the period | 9904 | €5,687 | €5,811 | +€124 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,687 | €5,811 | +€124 | +2.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.