SITE WAYS: 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.
SITE WAYS
Largest movements
- Tangible fixed assets -€295,831
no longer reported in 2025 (was €295,831)
- Deferred charges and accrued income -€129,094
no longer reported in 2025 (was €129,094)
- Receivables within one year +€104,066
up €104,066 (+7143.3%), from €1,457 to €105,523
of which Trade receivables: +€105,523
- Current portion of long-term debt -€203,611
no longer reported in 2025 (was €203,611)
- Other debts -€143,195
down €143,195 (-65.5%), from €218,472 to €75,277
- Profit (loss) carried forward +€26,130
up €26,130, from -€17,809 to €8,321
- Write-downs +€129,094
new in 2025: €129,094
- Gross operating margin +€114,163
up €114,163 (+389.4%), from €29,316 to €143,479
- Financial charges -€26,514
down €26,514 (-75.4%), from €35,157 to €8,643
- Financial income +€23,281
new in 2025: €23,281
- Depreciation -€10,629
no longer reported in 2025 (was €10,629)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €426,381 | €105,523 | -€320,858 | -75.3% |
| Fixed assets | 21/28 | €295,831 | - | -€295,831 | |
| Tangible fixed assets | 22/27 | €295,831 | - | -€295,831 | |
| Land and buildings | 22 | €295,831 | - | -€295,831 | |
| Current assets | 29/58 | €130,551 | €105,523 | -€25,028 | -19.2% |
| Amounts receivable within one year | 40/41 | €1,457 | €105,523 | +€104,066 | +7143.3% |
| Trade receivables | 40 | - | €105,523 | +€105,523 | |
| Other amounts receivable | 41 | €1,457 | - | -€1,457 | |
| Deferred charges and accrued income | 490/1 | €129,094 | - | -€129,094 | |
| Total equity and liabilities | 10/49 | €426,381 | €105,523 | -€320,858 | -75.3% |
| Equity | 10/15 | -€5,409 | €20,721 | +€26,130 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,809 | €8,321 | +€26,130 | |
| Amounts payable | 17/49 | €431,791 | €84,802 | -€346,989 | -80.4% |
| Amounts payable within one year | 42/48 | €431,791 | €84,802 | -€346,989 | -80.4% |
| Current portion of amounts payable after more than one year | 42 | €203,611 | - | -€203,611 | |
| Trade debts | 44 | €8,488 | €6,632 | -€1,856 | -21.9% |
| Suppliers | 440/4 | €8,488 | €6,632 | -€1,856 | -21.9% |
| Taxes, remuneration and social security | 45 | €1,219 | €2,893 | +€1,674 | +137.3% |
| Taxes | 450/3 | €1,219 | €2,893 | +€1,674 | +137.3% |
| Other amounts payable | 47/48 | €218,472 | €75,277 | -€143,195 | -65.5% |
| Non-recurring operating income | 76A | - | €170,169 | +€170,169 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,629 | - | -€10,629 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €129,094 | +€129,094 | |
| Other operating charges | 640/8 | €1,712 | - | -€1,712 | |
| Gross operating margin | 9900 | €29,316 | €143,479 | +€114,163 | +389.4% |
| Operating profit (loss) | 9901 | €16,975 | €14,386 | -€2,590 | -15.3% |
| Financial income | 75/76B | - | €23,281 | +€23,281 | |
| Recurring financial income | 75 | - | €23,281 | +€23,281 | |
| Financial charges | 65/66B | €35,157 | €8,643 | -€26,514 | -75.4% |
| Recurring financial charges | 65 | €35,157 | €8,643 | -€26,514 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,182 | €29,024 | +€47,205 | |
| Income taxes | 67/77 | - | €2,893 | +€2,893 | |
| Profit (loss) for the period | 9904 | -€18,182 | €26,130 | +€44,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,182 | €26,130 | +€44,312 |
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 8 October 2026 via checked.be.