SITARA: 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.
SITARA
Largest movements
- Receivables within one year +€114,856
up €114,856 (+115%), from €100,001 to €214,857
of which Trade receivables: +€114,857
- Tangible fixed assets -€21,554
down €21,554 (-6.1%), from €353,538 to €331,984
of which Land and buildings: -€21,006
- Debts after one year +€350,000
new in 2025: €350,000
- Other debts -€324,309
down €324,309 (-67.2%), from €482,903 to €158,594
- Profit (loss) carried forward +€53,368
up €53,368, from -€53,368 to €0
- Reserves +€8,845
up €8,845 (+466%), from €1,900 to €10,745
of which Distributable reserves: +€8,845
- Tax, wage and social debts +€6,424
new in 2025: €6,424
- Gross operating margin +€38,310
up €38,310 (+72.1%), from €53,140 to €91,450
- Financial charges -€30,304
down €30,304 (-97.6%), from €31,045 to €741
- Taxes +€6,424
new in 2025: €6,424
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 | €454,142 | €547,644 | +€93,502 | +20.6% |
| Fixed assets | 21/28 | €353,538 | €331,984 | -€21,554 | -6.1% |
| Tangible fixed assets | 22/27 | €353,538 | €331,984 | -€21,554 | -6.1% |
| Land and buildings | 22 | €352,990 | €331,984 | -€21,006 | -6.0% |
| Furniture and vehicles | 24 | €548 | €0 | -€548 | -100% |
| Current assets | 29/58 | €100,604 | €215,660 | +€115,056 | +114% |
| Amounts receivable within one year | 40/41 | €100,001 | €214,857 | +€114,856 | +115% |
| Trade receivables | 40 | €100,000 | €214,857 | +€114,857 | +115% |
| Other amounts receivable | 41 | €1 | €0 | -€1 | -100% |
| Cash at bank and in hand | 54/58 | €603 | €803 | +€200 | +33.1% |
| Total equity and liabilities | 10/49 | €454,142 | €547,644 | +€93,502 | +20.6% |
| Equity | 10/15 | -€32,468 | €29,745 | +€62,212 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €10,745 | +€8,845 | +466% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,900 | €10,745 | +€8,845 | +466% |
| Profit (loss) carried forward | 14 | -€53,368 | €0 | +€53,368 | |
| Amounts payable | 17/49 | €486,609 | €517,899 | +€31,290 | +6.4% |
| Amounts payable after more than one year | 17 | - | €350,000 | +€350,000 | |
| Financial debts | 170/4 | - | €350,000 | +€350,000 | |
| Amounts payable within one year | 42/48 | €484,713 | €167,899 | -€316,814 | -65.4% |
| Trade debts | 44 | €1,810 | €2,882 | +€1,072 | +59.2% |
| Suppliers | 440/4 | €1,810 | €2,882 | +€1,072 | +59.2% |
| Taxes, remuneration and social security | 45 | - | €6,424 | +€6,424 | |
| Taxes | 450/3 | - | €6,424 | +€6,424 | |
| Other amounts payable | 47/48 | €482,903 | €158,594 | -€324,309 | -67.2% |
| Accrued charges and deferred income | 492/3 | €1,896 | €0 | -€1,896 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,332 | €21,554 | -€778 | -3.5% |
| Other operating charges | 640/8 | €569 | €520 | -€49 | -8.7% |
| Gross operating margin | 9900 | €53,140 | €91,450 | +€38,310 | +72.1% |
| Operating profit (loss) | 9901 | €30,239 | €69,377 | +€39,138 | +129% |
| Financial charges | 65/66B | €31,045 | €741 | -€30,304 | -97.6% |
| Recurring financial charges | 65 | €31,045 | €741 | -€30,304 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | -€806 | €68,636 | +€69,442 | |
| Income taxes | 67/77 | - | €6,424 | +€6,424 | |
| Profit (loss) for the period | 9904 | -€806 | €62,212 | +€63,018 | |
| Profit (loss) for the period to be appropriated | 9905 | -€806 | €62,212 | +€63,018 |
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 29 October 2026 via checked.be.