SITAGENCY: 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.
SITAGENCY
Largest movements
- Receivables within one year +€138,265
up €138,265 (+892%), from €15,502 to €153,767
of which Trade receivables: +€121,662
- Stocks and contracts +€14,925
new in 2025: €14,925
- Tangible fixed assets -€4,300
down €4,300 (-2.0%), from €215,852 to €211,551
of which Plant, machinery and equipment: -€12,515
- Trade debts +€289,510
up €289,510 (+824%), from €35,137 to €324,647
- Profit (loss) carried forward -€197,290
down €197,290 (-356%), from -€55,455 to -€252,745
- Other debts +€45,000
up €45,000 (+135%), from €33,286 to €78,286
- Tax, wage and social debts +€40,200
new in 2025: €40,200
of which Remuneration and social security: +€36,184
- Debts after one year -€32,708
down €32,708 (-15.7%), from €208,846 to €176,138
- Staff costs +€239,784
new in 2025: €239,784
- Gross operating margin +€138,374
up €138,374, from -€23,029 to €115,346
- Depreciation +€43,091
up €43,091 (+375%), from €11,491 to €54,582
- Financial charges +€8,495
up €8,495 (+115%), from €7,357 to €15,852
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 | €259,134 | €405,434 | +€146,300 | +56.5% |
| Fixed assets | 21/28 | €215,852 | €211,551 | -€4,300 | -2.0% |
| Tangible fixed assets | 22/27 | €215,852 | €211,551 | -€4,300 | -2.0% |
| Plant, machinery and equipment | 23 | €52,373 | €39,858 | -€12,515 | -23.9% |
| Furniture and vehicles | 24 | - | €4,252 | +€4,252 | |
| Other tangible fixed assets | 26 | €163,479 | €167,441 | +€3,963 | +2.4% |
| Current assets | 29/58 | €43,282 | €193,882 | +€150,600 | +348% |
| Stocks and contracts in progress | 3 | - | €14,925 | +€14,925 | |
| Stocks | 30/36 | - | €14,925 | +€14,925 | |
| Amounts receivable within one year | 40/41 | €15,502 | €153,767 | +€138,265 | +892% |
| Trade receivables | 40 | - | €121,662 | +€121,662 | |
| Other amounts receivable | 41 | €15,502 | €32,106 | +€16,603 | +107% |
| Cash at bank and in hand | 54/58 | €27,780 | €24,668 | -€3,112 | -11.2% |
| Deferred charges and accrued income | 490/1 | - | €522 | +€522 | |
| Total equity and liabilities | 10/49 | €259,134 | €405,434 | +€146,300 | +56.5% |
| Equity | 10/15 | -€49,255 | -€246,545 | -€197,290 | -401% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,455 | -€252,745 | -€197,290 | -356% |
| Amounts payable | 17/49 | €308,389 | €651,979 | +€343,590 | +111% |
| Amounts payable after more than one year | 17 | €208,846 | €176,138 | -€32,708 | -15.7% |
| Financial debts | 170/4 | €208,846 | €176,138 | -€32,708 | -15.7% |
| Amounts payable within one year | 42/48 | €99,543 | €475,841 | +€376,298 | +378% |
| Current portion of amounts payable after more than one year | 42 | €31,120 | €32,708 | +€1,588 | +5.1% |
| Trade debts | 44 | €35,137 | €324,647 | +€289,510 | +824% |
| Suppliers | 440/4 | €35,137 | €324,647 | +€289,510 | +824% |
| Taxes, remuneration and social security | 45 | - | €40,200 | +€40,200 | |
| Taxes | 450/3 | - | €4,015 | +€4,015 | |
| Remuneration and social security | 454/9 | - | €36,184 | +€36,184 | |
| Other amounts payable | 47/48 | €33,286 | €78,286 | +€45,000 | +135% |
| Remuneration, social security and pensions | 62 | - | €239,784 | +€239,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,491 | €54,582 | +€43,091 | +375% |
| Other operating charges | 640/8 | €1,573 | €2,065 | +€492 | +31.3% |
| Gross operating margin | 9900 | -€23,029 | €115,346 | +€138,374 | |
| Operating profit (loss) | 9901 | -€36,092 | -€181,085 | -€144,993 | -402% |
| Financial income | 75/76B | €93 | - | -€93 | |
| Recurring financial income | 75 | €93 | - | -€93 | |
| Financial charges | 65/66B | €7,357 | €15,852 | +€8,495 | +115% |
| Recurring financial charges | 65 | €7,357 | €15,852 | +€8,495 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€43,356 | -€196,937 | -€153,582 | -354% |
| Income taxes | 67/77 | - | €353 | +€353 | |
| Profit (loss) for the period | 9904 | -€43,356 | -€197,290 | -€153,935 | -355% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,356 | -€197,290 | -€153,935 | -355% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.