SITCON: 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.
SITCON
Largest movements
- Receivables within one year -€7,304
down €7,304 (-83.4%), from €8,754 to €1,450
- Cash +€5,393
up €5,393 (+111.6%), from €4,831 to €10,224
mainly Receivables within one year (+€7,304) and Net result for the year (+€2,938)
- Financial fixed assets +€3,300
up €3,300 (+169.2%), from €1,950 to €5,250
- Tangible fixed assets -€2,070
down €2,070 (-23.2%), from €8,929 to €6,859
of which Other tangible fixed assets: -€1,797
- Deferred charges and accrued income +€349
up €349 (+108.9%), from €320 to €669
- Trade debts -€5,121
down €5,121 (-77.9%), from €6,571 to €1,449
- Profit (loss) carried forward +€2,938
up €2,938 (+342.2%), from €859 to €3,797
- Tax, wage and social debts +€1,610
up €1,610 (+26.2%), from €6,148 to €7,758
of which Taxes: +€1,685
- Gross operating margin +€5,478
up €5,478 (+32.4%), from €16,911 to €22,389
- Staff costs +€529
up €529 (+3.2%), from €16,582 to €17,111
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 | €24,784 | €24,452 | -€331 | -1.3% |
| Fixed assets | 21/28 | €10,879 | €12,109 | +€1,230 | +11.3% |
| Tangible fixed assets | 22/27 | €8,929 | €6,859 | -€2,070 | -23.2% |
| Furniture and vehicles | 24 | €282 | €9 | -€273 | -96.8% |
| Other tangible fixed assets | 26 | €8,647 | €6,850 | -€1,797 | -20.8% |
| Financial fixed assets | 28 | €1,950 | €5,250 | +€3,300 | +169.2% |
| Current assets | 29/58 | €13,905 | €12,343 | -€1,562 | -11.2% |
| Amounts receivable within one year | 40/41 | €8,754 | €1,450 | -€7,304 | -83.4% |
| Trade receivables | 40 | €8,754 | €1,450 | -€7,304 | -83.4% |
| Cash at bank and in hand | 54/58 | €4,831 | €10,224 | +€5,393 | +111.6% |
| Deferred charges and accrued income | 490/1 | €320 | €669 | +€349 | +108.9% |
| Total equity and liabilities | 10/49 | €24,784 | €24,452 | -€331 | -1.3% |
| Equity | 10/15 | €11,599 | €14,537 | +€2,938 | +25.3% |
| Contributions | 10/11 | €6,324 | €6,324 | = | 0.0% |
| Reserves | 13 | €4,416 | €4,416 | = | 0.0% |
| Distributable reserves | 133 | €4,416 | €4,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | €859 | €3,797 | +€2,938 | +342.2% |
| Amounts payable | 17/49 | €13,185 | €9,915 | -€3,270 | -24.8% |
| Amounts payable within one year | 42/48 | €13,185 | €9,915 | -€3,270 | -24.8% |
| Trade debts | 44 | €6,571 | €1,449 | -€5,121 | -77.9% |
| Suppliers | 440/4 | €6,571 | €1,449 | -€5,121 | -77.9% |
| Taxes, remuneration and social security | 45 | €6,148 | €7,758 | +€1,610 | +26.2% |
| Taxes | 450/3 | €3,441 | €5,126 | +€1,685 | +49.0% |
| Remuneration and social security | 454/9 | €2,707 | €2,632 | -€75 | -2.8% |
| Other amounts payable | 47/48 | €466 | €708 | +€242 | +51.9% |
| Remuneration, social security and pensions | 62 | €16,582 | €17,111 | +€529 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,070 | €2,070 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €162 | +€100 | +161.3% |
| Gross operating margin | 9900 | €16,911 | €22,389 | +€5,478 | +32.4% |
| Operating profit (loss) | 9901 | -€1,803 | €3,046 | +€4,849 | |
| Financial income | 75/76B | €19 | €73 | +€54 | +280.5% |
| Recurring financial income | 75 | €19 | €73 | +€54 | +280.5% |
| Financial charges | 65/66B | €376 | €181 | -€195 | -51.9% |
| Recurring financial charges | 65 | €376 | €181 | -€195 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,160 | €2,938 | +€5,098 | |
| Profit (loss) for the period | 9904 | -€2,160 | €2,938 | +€5,098 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,160 | €2,938 | +€5,098 |
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 6 October 2026 via checked.be.