SITAYESH: 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.
SITAYESH
Largest movements
- Receivables within one year -€17,965
no longer reported in 2025 (was €17,965)
- Stocks and contracts +€3,991
up €3,991 (+17.7%), from €22,500 to €26,491
- Cash +€3,506
up €3,506 (+167.2%), from €2,097 to €5,603
mainly Net result for the year (+€26,423) and Receivables within one year (+€17,965)
- Deferred charges and accrued income -€1,442
no longer reported in 2025 (was €1,442)
- Other debts -€26,702
down €26,702 (-67.1%), from €39,819 to €13,117
- Profit (loss) carried forward +€26,423
up €26,423 (+69.1%), from -€38,259 to -€11,836
- Trade debts -€21,115
down €21,115 (-60.8%), from €34,744 to €13,630
- Tax, wage and social debts +€9,484
up €9,484 (+96.2%), from €9,863 to €19,347
of which Taxes: +€7,054
- Turnover +€551,655
new in 2025: €551,655
- Purchases and services +€505,486
new in 2025: €505,486
- Gross operating margin +€29,637
up €29,637 (+164.2%), from €18,049 to €47,686
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 | €47,667 | €35,757 | -€11,910 | -25.0% |
| Fixed assets | 21/28 | €3,663 | €3,663 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,663 | €3,663 | = | 0.0% |
| Furniture and vehicles | 24 | €3,663 | €3,663 | = | 0.0% |
| Current assets | 29/58 | €44,004 | €32,094 | -€11,910 | -27.1% |
| Stocks and contracts in progress | 3 | €22,500 | €26,491 | +€3,991 | +17.7% |
| Stocks | 30/36 | €22,500 | €26,491 | +€3,991 | +17.7% |
| Amounts receivable within one year | 40/41 | €17,965 | - | -€17,965 | |
| Trade receivables | 40 | €17,965 | - | -€17,965 | |
| Cash at bank and in hand | 54/58 | €2,097 | €5,603 | +€3,506 | +167.2% |
| Deferred charges and accrued income | 490/1 | €1,442 | - | -€1,442 | |
| Total equity and liabilities | 10/49 | €47,667 | €35,757 | -€11,910 | -25.0% |
| Equity | 10/15 | -€36,759 | -€10,336 | +€26,423 | +71.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,259 | -€11,836 | +€26,423 | +69.1% |
| Amounts payable | 17/49 | €84,426 | €46,093 | -€38,333 | -45.4% |
| Amounts payable within one year | 42/48 | €84,426 | €46,093 | -€38,333 | -45.4% |
| Trade debts | 44 | €34,744 | €13,630 | -€21,115 | -60.8% |
| Suppliers | 440/4 | €34,744 | €13,630 | -€21,115 | -60.8% |
| Taxes, remuneration and social security | 45 | €9,863 | €19,347 | +€9,484 | +96.2% |
| Taxes | 450/3 | €8,709 | €15,762 | +€7,054 | +81.0% |
| Remuneration and social security | 454/9 | €1,154 | €3,584 | +€2,430 | +210.5% |
| Other amounts payable | 47/48 | €39,819 | €13,117 | -€26,702 | -67.1% |
| Turnover | 70 | - | €551,655 | +€551,655 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €505,486 | +€505,486 | |
| Remuneration, social security and pensions | 62 | €15,085 | €16,392 | +€1,307 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | - | -€842 | |
| Other operating charges | 640/8 | €610 | €4,796 | +€4,186 | +685.9% |
| Gross operating margin | 9900 | €18,049 | €47,686 | +€29,637 | +164.2% |
| Operating profit (loss) | 9901 | €1,512 | €26,498 | +€24,986 | +1652.4% |
| Financial charges | 65/66B | €253 | €75 | -€178 | -70.4% |
| Recurring financial charges | 65 | €253 | €75 | -€178 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €1,259 | €26,423 | +€25,165 | +1999.1% |
| Profit (loss) for the period | 9904 | €1,259 | €26,423 | +€25,165 | +1999.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,259 | €26,423 | +€25,165 | +1999.1% |
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 11 October 2026 via checked.be.