Site-G: 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.
What changed
Site-G
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€927,410
2024 · €29,836+€897,574
Equity
€2.7m
2024 · €1.7m+€927,410
Cash
€285,906
2024 · €198,353+€87,552
Balance sheet total
€9.0m
2024 · €8.9m+€73,405
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Provisions -€990,201
down €990,201 (-98.2%), from €1.0m to €18,000
- Profit (loss) carried forward +€927,410
up €927,410 (+46.0%), from -€2.0m to -€1.1m
- Debts after one year +€130,049
up €130,049 (+2.2%), from €6.0m to €6.1m
Income statement
- Gross operating margin -€52,686
down €52,686 (-15.0%), from €350,311 to €297,625
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.
Result 2024
€29,836
Gross operating margin
-€52,686
Staff costs
+€1,248
Depreciation
-€0
Other operating charges
-€218
Other operating items
+€950,422
Financial charges
-€1,194
Taxes
+€3
Result 2025
€927,410
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€42,497
Investment
€0
Financing
+€130,049
Cash 2024
€198,353
From operations (derived)
-€42,497
Net result for the year
+€927,410
Depreciation
+€9,998
Receivables within one year
+€4,027
Smaller working-capital items
+€3,447
Provisions
-€990,201
Other debts
+€2,822
Financing
+€130,049
Debts after one year
+€130,049
Cash 2025
€285,906
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,902,905 | €8,976,311 | +€73,405 | +0.8% |
| Fixed assets | 21/28 | €8,663,976 | €8,653,977 | -€9,998 | -0.1% |
| Tangible fixed assets | 22/27 | €8,663,976 | €8,653,977 | -€9,998 | -0.1% |
| Furniture and vehicles | 24 | €16,079 | €6,081 | -€9,998 | -62.2% |
| Assets under construction and advance payments | 27 | €8,647,896 | €8,647,896 | = | 0.0% |
| Current assets | 29/58 | €238,930 | €322,334 | +€83,404 | +34.9% |
| Amounts receivable within one year | 40/41 | €39,834 | €35,807 | -€4,027 | -10.1% |
| Trade receivables | 40 | €38,345 | €35,265 | -€3,080 | -8.0% |
| Other amounts receivable | 41 | €1,488 | €542 | -€947 | -63.6% |
| Cash at bank and in hand | 54/58 | €198,353 | €285,906 | +€87,552 | +44.1% |
| Deferred charges and accrued income | 490/1 | €743 | €621 | -€121 | -16.3% |
| Total equity and liabilities | 10/49 | €8,902,905 | €8,976,311 | +€73,405 | +0.8% |
| Equity | 10/15 | €1,738,978 | €2,666,388 | +€927,410 | +53.3% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Capital | 10 | €180,000 | €180,000 | = | 0.0% |
| Issued capital | 100 | €180,000 | €180,000 | = | 0.0% |
| Revaluation surpluses | 12 | €3,573,684 | €3,573,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,014,706 | -€1,087,296 | +€927,410 | +46.0% |
| Provisions and deferred taxes | 16 | €1,008,201 | €18,000 | -€990,201 | -98.2% |
| Provisions for liabilities and charges | 160/5 | €1,008,201 | €18,000 | -€990,201 | -98.2% |
| Other liabilities and charges | 164/5 | €1,008,201 | €18,000 | -€990,201 | -98.2% |
| Amounts payable | 17/49 | €6,155,727 | €6,291,923 | +€136,196 | +2.2% |
| Amounts payable after more than one year | 17 | €5,993,033 | €6,123,082 | +€130,049 | +2.2% |
| Financial debts | 170/4 | €5,993,033 | €6,123,082 | +€130,049 | +2.2% |
| Amounts payable within one year | 42/48 | €157,935 | €163,984 | +€6,049 | +3.8% |
| Trade debts | 44 | €9,863 | €11,042 | +€1,179 | +12.0% |
| Suppliers | 440/4 | €9,863 | €11,042 | +€1,179 | +12.0% |
| Taxes, remuneration and social security | 45 | €18,024 | €20,071 | +€2,048 | +11.4% |
| Remuneration and social security | 454/9 | €18,024 | €20,071 | +€2,048 | +11.4% |
| Other amounts payable | 47/48 | €130,049 | €132,871 | +€2,822 | +2.2% |
| Accrued charges and deferred income | 492/3 | €4,758 | €4,857 | +€99 | +2.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €159,521 | €158,273 | -€1,248 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,998 | €9,998 | +€0 | 0.0% |
| Other operating charges | 640/8 | €15,070 | €15,288 | +€218 | +1.4% |
| Non-recurring operating charges | 66A | - | -€950,422 | -€950,422 | |
| Gross operating margin | 9900 | €350,311 | €297,625 | -€52,686 | -15.0% |
| Operating profit (loss) | 9901 | €165,722 | €1,064,487 | +€898,765 | +542% |
| Financial charges | 65/66B | €135,709 | €136,903 | +€1,194 | +0.9% |
| Recurring financial charges | 65 | €135,709 | €136,903 | +€1,194 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €30,013 | €927,584 | +€897,571 | +2,991% |
| Income taxes | 67/77 | €177 | €174 | -€3 | -1.6% |
| Profit (loss) for the period | 9904 | €29,836 | €927,410 | +€897,574 | +3,008% |
| Profit (loss) for the period to be appropriated | 9905 | €29,836 | €927,410 | +€897,574 | +3,008% |
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 29 October 2026 via checked.be.