Sitasi: 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.
Sitasi
Largest movements
- Tangible fixed assets +€3,077
up €3,077 (+73.0%), from €4,215 to €7,292
of which Plant, machinery and equipment: +€4,831
- Stocks and contracts -€3,000
down €3,000 (-18.8%), from €16,000 to €13,000
- Intangible fixed assets -€2,893
down €2,893 (-14.4%), from €20,018 to €17,126
- Cash +€410
up €410 (+700%), from €59 to €469
mainly Net result for the year (+€9,129) and Other debts (+€7,114)
- Profit (loss) carried forward +€9,129
up €9,129 (+12.1%), from -€75,598 to -€66,470
- Tax, wage and social debts -€7,773
down €7,773 (-30.7%), from €25,320 to €17,547
- Other debts +€7,114
up €7,114 (+51.9%), from €13,697 to €20,810
- Debts after one year -€6,025
down €6,025 (-31.3%), from €19,218 to €13,194
- Short-term financial debts -€3,701
no longer reported in 2025 (was €3,701)
- Depreciation -€9,188
down €9,188 (-60.7%), from €15,149 to €5,960
- Other operating charges -€3,089
down €3,089 (-60.9%), from €5,070 to €1,981
- Gross operating margin +€1,464
up €1,464 (+2.5%), from €59,530 to €60,994
- Staff costs -€785
down €785 (-1.9%), from €41,358 to €40,573
- Financial charges -€656
down €656 (-17.4%), from €3,766 to €3,110
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 | €40,298 | €38,073 | -€2,225 | -5.5% |
| Fixed assets | 21/28 | €24,233 | €24,417 | +€184 | +0.8% |
| Intangible fixed assets | 21 | €20,018 | €17,126 | -€2,893 | -14.4% |
| Tangible fixed assets | 22/27 | €4,215 | €7,292 | +€3,077 | +73.0% |
| Plant, machinery and equipment | 23 | €1,749 | €6,580 | +€4,831 | +276% |
| Other tangible fixed assets | 26 | €2,467 | €712 | -€1,755 | -71.1% |
| Current assets | 29/58 | €16,064 | €13,655 | -€2,409 | -15.0% |
| Stocks and contracts in progress | 3 | €16,000 | €13,000 | -€3,000 | -18.8% |
| Stocks | 30/36 | €16,000 | €13,000 | -€3,000 | -18.8% |
| Cash at bank and in hand | 54/58 | €59 | €469 | +€410 | +700% |
| Deferred charges and accrued income | 490/1 | €6 | €187 | +€181 | +3,146% |
| Total equity and liabilities | 10/49 | €40,298 | €38,073 | -€2,225 | -5.5% |
| Equity | 10/15 | -€52,688 | -€43,560 | +€9,129 | +17.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €7,910 | €7,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,050 | €6,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,598 | -€66,470 | +€9,129 | +12.1% |
| Amounts payable | 17/49 | €92,986 | €81,632 | -€11,354 | -12.2% |
| Amounts payable after more than one year | 17 | €19,218 | €13,194 | -€6,025 | -31.3% |
| Financial debts | 170/4 | €19,218 | €13,194 | -€6,025 | -31.3% |
| Amounts payable within one year | 42/48 | €73,767 | €68,439 | -€5,329 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €5,673 | €6,025 | +€352 | +6.2% |
| Financial debts | 43 | €3,701 | - | -€3,701 | |
| Credit institutions | 430/8 | €3,701 | - | -€3,701 | |
| Trade debts | 44 | €25,377 | €24,056 | -€1,321 | -5.2% |
| Suppliers | 440/4 | €25,377 | €24,056 | -€1,321 | -5.2% |
| Taxes, remuneration and social security | 45 | €25,320 | €17,547 | -€7,773 | -30.7% |
| Taxes | 450/3 | €25,320 | €17,547 | -€7,773 | -30.7% |
| Other amounts payable | 47/48 | €13,697 | €20,810 | +€7,114 | +51.9% |
| Remuneration, social security and pensions | 62 | €41,358 | €40,573 | -€785 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,149 | €5,960 | -€9,188 | -60.7% |
| Other operating charges | 640/8 | €5,070 | €1,981 | -€3,089 | -60.9% |
| Gross operating margin | 9900 | €59,530 | €60,994 | +€1,464 | +2.5% |
| Operating profit (loss) | 9901 | -€2,047 | €12,479 | +€14,526 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,766 | €3,110 | -€656 | -17.4% |
| Recurring financial charges | 65 | €3,766 | €3,110 | -€656 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,814 | €9,369 | +€15,183 | |
| Income taxes | 67/77 | €202 | €240 | +€39 | +19.2% |
| Profit (loss) for the period | 9904 | -€6,015 | €9,129 | +€15,144 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,015 | €9,129 | +€15,144 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.