Sitemark: what changed
What changed
Sitemark
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
filed annual accounts (NBB)
Net result for the year
€782,520
2024 · €57,325+€725,196
Equity
€1.2m
2024 · €429,564+€782,520
Cash
€286,833
2024 · €321,599-€34,766
Balance sheet total
€3.0m
2024 · €1.8m+€1.2m
Largest movements
Assets
- Current investments +€805,080
up €805,080 (+123%), from €653,456 to €1.5m
- Receivables within one year +€176,304
up €176,304 (+43.6%), from €404,740 to €581,044
of which Trade receivables: +€146,635
- Intangible fixed assets +€163,162
up €163,162 (+45.9%), from €355,738 to €518,901
- Deferred charges and accrued income +€40,696
up €40,696 (+387%), from €10,526 to €51,223
- Cash -€34,766
down €34,766 (-10.8%), from €321,599 to €286,833
mainly Current investments (-€805,080) and Investment in fixed assets (net) (-€386,658)
Equity and liabilities
- Profit (loss) carried forward +€782,520
up €782,520 (+10.2%), from -€7.6m to -€6.9m
- Accrued charges and deferred income +€302,463
up €302,463 (+47.6%), from €635,938 to €938,402
- Trade debts +€101,363
up €101,363 (+56.8%), from €178,565 to €279,928
- Debts after one year -€92,101
down €92,101 (-21.3%), from €431,500 to €339,399
of which Trade debts: -€431,500
- Current portion of long-term debt +€60,601
new in 2025: €60,601
Income statement
- Gross operating margin +€1.2m
up €1.2m (+79.2%), from €1.5m to €2.7m
- Staff costs +€412,549
up €412,549 (+33.0%), from €1.2m to €1.7m
- Financial charges +€56,024
up €56,024 (+230%), from €24,318 to €80,342
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€57,325
Gross operating margin
+€1.2m
Staff costs
-€412,549
Depreciation
-€24,794
Other operating charges
-€308
Financial income
+€25,515
Financial charges
-€56,024
Taxes
+€11,326
Result 2025
€782,520
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
-€1.2m
Financing
-€31,500
Cash 2024
€321,599
From operations (derived)
+€1.2m
Net result for the year
+€782,520
Depreciation
+€176,066
Receivables within one year
-€176,304
Deferred charges and accrued income
-€40,696
Trade debts
+€101,363
Tax, wage and social debts
+€42,197
Other debts
+€862
Accrued charges and deferred income
+€302,463
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€386,658
Current investments
-€805,080
Financing
-€31,500
Debts after one year
-€92,101
Current portion of long-term debt
+€60,601
Cash 2025
€286,833
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,796,412 | €2,994,319 | +€1.2m | +66.7% |
| Fixed assets | 21/28 | €406,091 | €616,684 | +€210,592 | +51.9% |
| Intangible fixed assets | 21 | €355,738 | €518,901 | +€163,162 | +45.9% |
| Tangible fixed assets | 22/27 | €36,334 | €70,664 | +€34,330 | +94.5% |
| Plant, machinery and equipment | 23 | €14,208 | €50,682 | +€36,473 | +257% |
| Furniture and vehicles | 24 | €8,278 | €6,235 | -€2,043 | -24.7% |
| Other tangible fixed assets | 26 | €13,848 | €13,747 | -€101 | -0.7% |
| Financial fixed assets | 28 | €14,019 | €27,119 | +€13,100 | +93.4% |
| Current assets | 29/58 | €1,390,321 | €2,377,635 | +€987,314 | +71.0% |
| Amounts receivable within one year | 40/41 | €404,740 | €581,044 | +€176,304 | +43.6% |
| Trade receivables | 40 | €368,095 | €514,730 | +€146,635 | +39.8% |
| Other amounts receivable | 41 | €36,645 | €66,313 | +€29,669 | +81.0% |
| Current investments | 50/53 | €653,456 | €1,458,536 | +€805,080 | +123% |
| Cash at bank and in hand | 54/58 | €321,599 | €286,833 | -€34,766 | -10.8% |
| Deferred charges and accrued income | 490/1 | €10,526 | €51,223 | +€40,696 | +387% |
| Total equity and liabilities | 10/49 | €1,796,412 | €2,994,319 | +€1.2m | +66.7% |
| Equity | 10/15 | €429,564 | €1,212,085 | +€782,520 | +182% |
| Contributions | 10/11 | €8,077,866 | €8,077,866 | = | 0.0% |
| Capital | 10 | €8,077,866 | €8,077,866 | = | 0.0% |
| Issued capital | 100 | €8,090,266 | €8,090,266 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,648,301 | -€6,865,781 | +€782,520 | +10.2% |
| Amounts payable | 17/49 | €1,366,848 | €1,782,234 | +€415,386 | +30.4% |
| Amounts payable after more than one year | 17 | €431,500 | €339,399 | -€92,101 | -21.3% |
| Financial debts | 170/4 | - | €339,399 | +€339,399 | |
| Trade debts | 175 | €431,500 | €0 | -€431,500 | -100% |
| Amounts payable within one year | 42/48 | €299,410 | €504,433 | +€205,023 | +68.5% |
| Current portion of amounts payable after more than one year | 42 | - | €60,601 | +€60,601 | |
| Trade debts | 44 | €178,565 | €279,928 | +€101,363 | +56.8% |
| Suppliers | 440/4 | €178,565 | €279,928 | +€101,363 | +56.8% |
| Taxes, remuneration and social security | 45 | €120,845 | €163,042 | +€42,197 | +34.9% |
| Taxes | 450/3 | €1,804 | €4,785 | +€2,981 | +165% |
| Remuneration and social security | 454/9 | €119,042 | €158,257 | +€39,216 | +32.9% |
| Other amounts payable | 47/48 | - | €862 | +€862 | |
| Accrued charges and deferred income | 492/3 | €635,938 | €938,402 | +€302,463 | +47.6% |
| Non-recurring operating income | 76A | €12,512 | €102,344 | +€89,832 | +718% |
| Remuneration, social security and pensions | 62 | €1,249,180 | €1,661,729 | +€412,549 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,272 | €176,066 | +€24,794 | +16.4% |
| Other operating charges | 640/8 | €768 | €1,076 | +€308 | +40.2% |
| Gross operating margin | 9900 | €1,491,616 | €2,673,647 | +€1.2m | +79.2% |
| Operating profit (loss) | 9901 | €90,397 | €834,776 | +€744,379 | +823% |
| Financial income | 75/76B | €4,211 | €29,726 | +€25,515 | +606% |
| Recurring financial income | 75 | €4,211 | €29,726 | +€25,515 | +606% |
| Financial charges | 65/66B | €24,318 | €80,342 | +€56,024 | +230% |
| Recurring financial charges | 65 | €24,318 | €80,342 | +€56,024 | +230% |
| Profit (loss) for the period before taxes | 9903 | €70,290 | €784,159 | +€713,870 | +1,016% |
| Income taxes | 67/77 | €12,965 | €1,639 | -€11,326 | -87.4% |
| Profit (loss) for the period | 9904 | €57,325 | €782,520 | +€725,196 | +1,265% |
| Profit (loss) for the period to be appropriated | 9905 | €57,325 | €782,520 | +€725,196 | +1,265% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.