SitDown!: 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.
SitDown!
Largest movements
- Tangible fixed assets -€261,051
down €261,051 (-22.3%), from €1.2m to €909,517
of which Land and buildings: -€241,661
- Receivables within one year +€145,010
up €145,010 (+60.2%), from €240,681 to €385,691
of which Trade receivables: +€92,676
- Debts after one year -€244,669
down €244,669 (-31.8%), from €769,742 to €525,074
- Profit (loss) carried forward +€155,006
new in 2025: €155,006
- Advances received +€40,830
up €40,830 (+3,266%), from €1,250 to €42,080
- Short-term financial debts -€26,999
down €26,999 (-51.9%), from €51,999 to €25,000
- Tax, wage and social debts -€18,675
down €18,675 (-23.2%), from €80,418 to €61,743
of which Taxes: -€15,592
- Gross operating margin +€110,688
up €110,688 (+37.2%), from €297,189 to €407,877
- Depreciation -€26,330
down €26,330 (-30.1%), from €87,574 to €61,244
- Taxes +€23,343
up €23,343 (+65.1%), from €35,835 to €59,178
- Other operating charges +€8,000
up €8,000 (+135%), from €5,928 to €13,928
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 | €1,670,746 | €1,563,734 | -€107,012 | -6.4% |
| Fixed assets | 21/28 | €1,274,388 | €1,013,337 | -€261,051 | -20.5% |
| Tangible fixed assets | 22/27 | €1,170,568 | €909,517 | -€261,051 | -22.3% |
| Land and buildings | 22 | €1,131,862 | €890,201 | -€241,661 | -21.4% |
| Plant, machinery and equipment | 23 | €38 | €12,608 | +€12,570 | +32,717% |
| Furniture and vehicles | 24 | €38,668 | €6,708 | -€31,960 | -82.7% |
| Financial fixed assets | 28 | €103,820 | €103,820 | = | 0.0% |
| Current assets | 29/58 | €396,358 | €550,397 | +€154,039 | +38.9% |
| Amounts receivable after more than one year | 29 | €154,000 | €154,000 | = | 0.0% |
| Other amounts receivable | 291 | €154,000 | €154,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €240,681 | €385,691 | +€145,010 | +60.2% |
| Trade receivables | 40 | €101,852 | €194,528 | +€92,676 | +91.0% |
| Other amounts receivable | 41 | €138,829 | €191,163 | +€52,334 | +37.7% |
| Cash at bank and in hand | 54/58 | €77 | €6,815 | +€6,738 | +8,794% |
| Deferred charges and accrued income | 490/1 | €1,600 | €3,891 | +€2,291 | +143% |
| Total equity and liabilities | 10/49 | €1,670,746 | €1,563,734 | -€107,012 | -6.4% |
| Equity | 10/15 | €569,460 | €724,466 | +€155,006 | +27.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €563,260 | €563,260 | = | 0.0% |
| Distributable reserves | 133 | €563,260 | €563,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €155,006 | +€155,006 | |
| Amounts payable | 17/49 | €1,101,286 | €839,268 | -€262,018 | -23.8% |
| Amounts payable after more than one year | 17 | €769,742 | €525,074 | -€244,669 | -31.8% |
| Financial debts | 170/4 | €769,742 | €525,074 | -€244,669 | -31.8% |
| Amounts payable within one year | 42/48 | €331,544 | €314,194 | -€17,350 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €98,881 | €100,921 | +€2,039 | +2.1% |
| Financial debts | 43 | €51,999 | €25,000 | -€26,999 | -51.9% |
| Credit institutions | 430/8 | €51,999 | €25,000 | -€26,999 | -51.9% |
| Trade debts | 44 | €98,995 | €84,450 | -€14,545 | -14.7% |
| Suppliers | 440/4 | €98,995 | €84,450 | -€14,545 | -14.7% |
| Advances received on contracts in progress | 46 | €1,250 | €42,080 | +€40,830 | +3,266% |
| Taxes, remuneration and social security | 45 | €80,418 | €61,743 | -€18,675 | -23.2% |
| Taxes | 450/3 | €66,430 | €50,838 | -€15,592 | -23.5% |
| Remuneration and social security | 454/9 | €13,988 | €10,905 | -€3,083 | -22.0% |
| Remuneration, social security and pensions | 62 | €64,980 | €66,898 | +€1,918 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,574 | €61,244 | -€26,330 | -30.1% |
| Other operating charges | 640/8 | €5,928 | €13,928 | +€8,000 | +135% |
| Gross operating margin | 9900 | €297,189 | €407,877 | +€110,688 | +37.2% |
| Operating profit (loss) | 9901 | €138,707 | €265,807 | +€127,100 | +91.6% |
| Financial income | 75/76B | €29 | €4 | -€25 | -86.6% |
| Recurring financial income | 75 | €29 | €4 | -€25 | -86.6% |
| Financial charges | 65/66B | €51,795 | €51,627 | -€169 | -0.3% |
| Recurring financial charges | 65 | €51,795 | €51,627 | -€169 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €86,941 | €214,184 | +€127,244 | +146% |
| Income taxes | 67/77 | €35,835 | €59,178 | +€23,343 | +65.1% |
| Profit (loss) for the period | 9904 | €51,105 | €155,006 | +€103,901 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €51,105 | €155,006 | +€103,901 | +203% |
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 15 October 2026 via checked.be.