SITCOM: 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.
SITCOM
Largest movements
- Cash +€58,751
up €58,751 (+53.3%), from €110,207 to €168,959
mainly Net result for the year (+€88,218) and Depreciation (+€31,349)
- Current investments +€39,999
up €39,999 (+955.1%), from €4,188 to €44,187
- Tangible fixed assets -€30,164
down €30,164 (-18.8%), from €160,445 to €130,281
of which Land and buildings: -€29,546
- Receivables within one year -€6,813
down €6,813 (-24.6%), from €27,688 to €20,875
of which Trade receivables: -€6,846
- Reserves +€59,034
up €59,034 (+23.6%), from €250,639 to €309,673
of which Distributable reserves: +€59,034
- Other debts +€17,694
up €17,694 (+134.3%), from €13,174 to €30,868
- Tax, wage and social debts -€12,674
down €12,674 (-39.1%), from €32,413 to €19,739
- Gross operating margin +€3,814
up €3,814 (+2.5%), from €154,821 to €158,636
- Financial charges -€2,549
down €2,549 (-91.2%), from €2,796 to €247
- Taxes +€2,531
up €2,531 (+7.6%), from €33,428 to €35,959
- Depreciation -€2,265
down €2,265 (-6.7%), from €33,614 to €31,349
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 | €304,568 | €366,460 | +€61,892 | +20.3% |
| Fixed assets | 21/28 | €160,505 | €130,341 | -€30,164 | -18.8% |
| Tangible fixed assets | 22/27 | €160,445 | €130,281 | -€30,164 | -18.8% |
| Land and buildings | 22 | €157,206 | €127,661 | -€29,546 | -18.8% |
| Furniture and vehicles | 24 | €3,239 | €2,620 | -€618 | -19.1% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €144,063 | €236,119 | +€92,056 | +63.9% |
| Amounts receivable within one year | 40/41 | €27,688 | €20,875 | -€6,813 | -24.6% |
| Trade receivables | 40 | €27,644 | €20,799 | -€6,846 | -24.8% |
| Other amounts receivable | 41 | €44 | €76 | +€33 | +75.3% |
| Current investments | 50/53 | €4,188 | €44,187 | +€39,999 | +955.1% |
| Cash at bank and in hand | 54/58 | €110,207 | €168,959 | +€58,751 | +53.3% |
| Deferred charges and accrued income | 490/1 | €1,980 | €2,098 | +€118 | +6.0% |
| Total equity and liabilities | 10/49 | €304,568 | €366,460 | +€61,892 | +20.3% |
| Equity | 10/15 | €250,639 | €309,673 | +€59,034 | +23.6% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €250,639 | €309,673 | +€59,034 | +23.6% |
| Non-distributable reserves | 130/1 | €9,900 | €9,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,900 | €9,900 | = | 0.0% |
| Distributable reserves | 133 | €240,739 | €299,773 | +€59,034 | +24.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,929 | €56,787 | +€2,858 | +5.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €49,340 | €52,135 | +€2,795 | +5.7% |
| Trade debts | 44 | €3,753 | €1,528 | -€2,225 | -59.3% |
| Suppliers | 440/4 | €3,753 | €1,528 | -€2,225 | -59.3% |
| Taxes, remuneration and social security | 45 | €32,413 | €19,739 | -€12,674 | -39.1% |
| Taxes | 450/3 | €32,413 | €19,739 | -€12,674 | -39.1% |
| Other amounts payable | 47/48 | €13,174 | €30,868 | +€17,694 | +134.3% |
| Accrued charges and deferred income | 492/3 | €4,589 | €4,652 | +€63 | +1.4% |
| Non-recurring operating income | 76A | €10,693 | €0 | -€10,693 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,614 | €31,349 | -€2,265 | -6.7% |
| Other operating charges | 640/8 | €4,165 | €4,112 | -€52 | -1.3% |
| Gross operating margin | 9900 | €154,821 | €158,636 | +€3,814 | +2.5% |
| Operating profit (loss) | 9901 | €117,043 | €123,174 | +€6,131 | +5.2% |
| Financial income | 75/76B | €477 | €1,250 | +€773 | +162.0% |
| Recurring financial income | 75 | €477 | €1,250 | +€773 | +162.0% |
| Financial charges | 65/66B | €2,796 | €247 | -€2,549 | -91.2% |
| Recurring financial charges | 65 | €2,796 | €247 | -€2,549 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €114,724 | €124,177 | +€9,453 | +8.2% |
| Income taxes | 67/77 | €33,428 | €35,959 | +€2,531 | +7.6% |
| Profit (loss) for the period | 9904 | €81,296 | €88,218 | +€6,922 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,296 | €88,218 | +€6,922 | +8.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.