SITEGO: 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.
SITEGO
Largest movements
- Cash +€29,742
up €29,742 (+17.6%), from €168,665 to €198,407
mainly Net result for the year (+€35,159) and Receivables after one year (+€10,000)
- Receivables after one year -€10,000
down €10,000 (-35.1%), from €28,500 to €18,500
- Reserves +€16,500
up €16,500 (+10.5%), from €157,000 to €173,500
- Gross operating margin +€6,622
up €6,622 (+14.6%), from €45,364 to €51,986
- Taxes +€2,157
up €2,157 (+18.0%), from €11,972 to €14,129
- Financial income +€865
up €865 (+142.7%), from €606 to €1,471
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 | €216,860 | €233,028 | +€16,168 | +7.5% |
| Fixed assets | 21/28 | €3,041 | €1,695 | -€1,346 | -44.3% |
| Tangible fixed assets | 22/27 | €2,968 | €1,622 | -€1,346 | -45.4% |
| Furniture and vehicles | 24 | €2,968 | €1,622 | -€1,346 | -45.4% |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €213,819 | €231,333 | +€17,514 | +8.2% |
| Amounts receivable after more than one year | 29 | €28,500 | €18,500 | -€10,000 | -35.1% |
| Other amounts receivable | 291 | €28,500 | €18,500 | -€10,000 | -35.1% |
| Amounts receivable within one year | 40/41 | €16,654 | €14,426 | -€2,228 | -13.4% |
| Trade receivables | 40 | €14,897 | €13,679 | -€1,218 | -8.2% |
| Other amounts receivable | 41 | €1,757 | €747 | -€1,010 | -57.5% |
| Cash at bank and in hand | 54/58 | €168,665 | €198,407 | +€29,742 | +17.6% |
| Total equity and liabilities | 10/49 | €216,860 | €233,028 | +€16,168 | +7.5% |
| Equity | 10/15 | €201,686 | €218,845 | +€17,159 | +8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,000 | €173,500 | +€16,500 | +10.5% |
| Distributable reserves | 133 | €157,000 | €173,500 | +€16,500 | +10.5% |
| Profit (loss) carried forward | 14 | €38,486 | €39,145 | +€659 | +1.7% |
| Amounts payable | 17/49 | €15,174 | €14,183 | -€991 | -6.5% |
| Amounts payable within one year | 42/48 | €15,174 | €14,183 | -€991 | -6.5% |
| Trade debts | 44 | €1,963 | €857 | -€1,106 | -56.3% |
| Suppliers | 440/4 | €1,963 | €857 | -€1,106 | -56.3% |
| Taxes, remuneration and social security | 45 | €13,211 | €13,326 | +€115 | +0.9% |
| Taxes | 450/3 | €10,946 | €13,326 | +€2,380 | +21.7% |
| Remuneration and social security | 454/9 | €2,265 | - | -€2,265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,097 | €1,346 | +€249 | +22.7% |
| Other operating charges | 640/8 | €1,738 | €1,760 | +€22 | +1.3% |
| Gross operating margin | 9900 | €45,364 | €51,986 | +€6,622 | +14.6% |
| Operating profit (loss) | 9901 | €42,529 | €48,880 | +€6,351 | +14.9% |
| Financial income | 75/76B | €606 | €1,471 | +€865 | +142.7% |
| Recurring financial income | 75 | €606 | €1,471 | +€865 | +142.7% |
| Financial charges | 65/66B | €1,302 | €1,063 | -€239 | -18.4% |
| Recurring financial charges | 65 | €1,302 | €1,063 | -€239 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €41,833 | €49,288 | +€7,455 | +17.8% |
| Income taxes | 67/77 | €11,972 | €14,129 | +€2,157 | +18.0% |
| Profit (loss) for the period | 9904 | €29,861 | €35,159 | +€5,298 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,861 | €35,159 | +€5,298 | +17.7% |
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.