Siteur: 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.
Siteur
Largest movements
- Tangible fixed assets +€37,397
up €37,397 (+1,155%), from €3,237 to €40,633
of which Furniture and vehicles: +€38,787
- Cash -€26,635
down €26,635 (-49.6%), from €53,684 to €27,049
mainly Contributions, distributions and other (-€53,998) and Investment in fixed assets (net) (-€41,256)
- Receivables within one year -€4,191
down €4,191 (-17.9%), from €23,479 to €19,288
of which Other amounts receivable: -€8,923
- Deferred charges and accrued income -€2,494
down €2,494 (-69.9%), from €3,565 to €1,072
- Tax, wage and social debts +€4,655
up €4,655 (+50.6%), from €9,200 to €13,854
- Trade debts -€2,644
down €2,644 (-57.9%), from €4,564 to €1,919
- Other debts +€2,067
up €2,067 (+3.2%), from €64,002 to €66,069
- Gross operating margin -€10,680
down €10,680 (-12.4%), from €86,247 to €75,567
- Depreciation -€2,957
down €2,957 (-43.4%), from €6,816 to €3,860
- Taxes -€1,372
down €1,372 (-7.7%), from €17,744 to €16,372
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 | €83,965 | €88,042 | +€4,077 | +4.9% |
| Fixed assets | 21/28 | €3,237 | €40,633 | +€37,397 | +1,155% |
| Tangible fixed assets | 22/27 | €3,237 | €40,633 | +€37,397 | +1,155% |
| Plant, machinery and equipment | 23 | €3,106 | €1,715 | -€1,391 | -44.8% |
| Furniture and vehicles | 24 | €131 | €38,918 | +€38,787 | +29,606% |
| Current assets | 29/58 | €80,728 | €47,409 | -€33,319 | -41.3% |
| Amounts receivable within one year | 40/41 | €23,479 | €19,288 | -€4,191 | -17.9% |
| Trade receivables | 40 | €13,410 | €18,141 | +€4,731 | +35.3% |
| Other amounts receivable | 41 | €10,070 | €1,147 | -€8,923 | -88.6% |
| Cash at bank and in hand | 54/58 | €53,684 | €27,049 | -€26,635 | -49.6% |
| Deferred charges and accrued income | 490/1 | €3,565 | €1,072 | -€2,494 | -69.9% |
| Total equity and liabilities | 10/49 | €83,965 | €88,042 | +€4,077 | +4.9% |
| Equity | 10/15 | €6,200 | €6,200 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €77,765 | €81,842 | +€4,077 | +5.2% |
| Amounts payable within one year | 42/48 | €77,765 | €81,842 | +€4,077 | +5.2% |
| Trade debts | 44 | €4,564 | €1,919 | -€2,644 | -57.9% |
| Suppliers | 440/4 | €4,564 | €1,919 | -€2,644 | -57.9% |
| Taxes, remuneration and social security | 45 | €9,200 | €13,854 | +€4,655 | +50.6% |
| Taxes | 450/3 | €9,200 | €13,854 | +€4,655 | +50.6% |
| Other amounts payable | 47/48 | €64,002 | €66,069 | +€2,067 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,816 | €3,860 | -€2,957 | -43.4% |
| Other operating charges | 640/8 | €1,225 | €1,395 | +€169 | +13.8% |
| Gross operating margin | 9900 | €86,247 | €75,567 | -€10,680 | -12.4% |
| Operating profit (loss) | 9901 | €78,206 | €70,312 | -€7,893 | -10.1% |
| Financial income | 75/76B | €70 | €304 | +€234 | +333% |
| Recurring financial income | 75 | €70 | €304 | +€234 | +333% |
| Financial charges | 65/66B | €290 | €247 | -€42 | -14.6% |
| Recurring financial charges | 65 | €290 | €247 | -€42 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €77,986 | €70,369 | -€7,617 | -9.8% |
| Income taxes | 67/77 | €17,744 | €16,372 | -€1,372 | -7.7% |
| Profit (loss) for the period | 9904 | €60,243 | €53,998 | -€6,245 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,243 | €53,998 | -€6,245 | -10.4% |
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 14 October 2026 via checked.be.