SITARI: 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.
SITARI
Largest movements
- Cash -€41,194
down €41,194 (-85.8%), from €47,999 to €6,805
mainly Investment in fixed assets (net) (-€30,792) and Other debts (-€16,160)
- Tangible fixed assets +€24,991
new in 2025: €24,991
- Receivables within one year +€3,170
up €3,170, from €0 to €3,170
of which Other amounts receivable: +€3,170
- Deferred charges and accrued income +€2,626
new in 2025: €2,626
- Other debts -€16,160
down €16,160 (-100.0%), from €16,160 to €0
- Profit (loss) carried forward +€7,997
up €7,997 (+99.2%), from €8,064 to €16,060
- Tax, wage and social debts -€2,672
down €2,672 (-39.5%), from €6,762 to €4,090
- Depreciation +€5,802
new in 2025: €5,802
- Gross operating margin -€4,118
down €4,118 (-18.0%), from €22,898 to €18,780
- Taxes -€2,591
down €2,591 (-38.3%), from €6,762 to €4,171
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 | €47,999 | €37,592 | -€10,407 | -21.7% |
| Fixed assets | 21/28 | - | €24,991 | +€24,991 | |
| Tangible fixed assets | 22/27 | - | €24,991 | +€24,991 | |
| Furniture and vehicles | 24 | - | €24,991 | +€24,991 | |
| Current assets | 29/58 | €47,999 | €12,601 | -€35,398 | -73.7% |
| Amounts receivable within one year | 40/41 | €0 | €3,170 | +€3,170 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €3,170 | +€3,170 | |
| Cash at bank and in hand | 54/58 | €47,999 | €6,805 | -€41,194 | -85.8% |
| Deferred charges and accrued income | 490/1 | - | €2,626 | +€2,626 | |
| Total equity and liabilities | 10/49 | €47,999 | €37,592 | -€10,407 | -21.7% |
| Equity | 10/15 | €24,714 | €32,710 | +€7,997 | +32.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,650 | €15,650 | = | 0.0% |
| Distributable reserves | 133 | €15,650 | €15,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,064 | €16,060 | +€7,997 | +99.2% |
| Amounts payable | 17/49 | €23,285 | €4,882 | -€18,404 | -79.0% |
| Amounts payable within one year | 42/48 | €23,285 | €4,882 | -€18,404 | -79.0% |
| Trade debts | 44 | €363 | €792 | +€429 | +118.0% |
| Suppliers | 440/4 | €363 | €792 | +€429 | +118.0% |
| Taxes, remuneration and social security | 45 | €6,762 | €4,090 | -€2,672 | -39.5% |
| Taxes | 450/3 | €6,762 | €4,090 | -€2,672 | -39.5% |
| Other amounts payable | 47/48 | €16,160 | €0 | -€16,160 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,802 | +€5,802 | |
| Other operating charges | 640/8 | €387 | €611 | +€224 | +57.9% |
| Gross operating margin | 9900 | €22,898 | €18,780 | -€4,118 | -18.0% |
| Operating profit (loss) | 9901 | €22,511 | €12,367 | -€10,144 | -45.1% |
| Financial income | 75/76B | €35 | €0 | -€35 | -100.0% |
| Recurring financial income | 75 | €35 | €0 | -€35 | -100.0% |
| Financial charges | 65/66B | €92 | €199 | +€108 | +117.6% |
| Recurring financial charges | 65 | €92 | €199 | +€108 | +117.6% |
| Profit (loss) for the period before taxes | 9903 | €22,454 | €12,168 | -€10,287 | -45.8% |
| Income taxes | 67/77 | €6,762 | €4,171 | -€2,591 | -38.3% |
| Profit (loss) for the period | 9904 | €15,692 | €7,997 | -€7,695 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,692 | €7,997 | -€7,695 | -49.0% |
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 1 October 2026 via checked.be.