SITEWIZ: 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.
SITEWIZ
Largest movements
- Tangible fixed assets -€349,299
down €349,299 (-98.8%), from €353,568 to €4,270
of which Land and buildings: -€343,238
- Receivables within one year +€205,457
up €205,457 (+1752.2%), from €11,726 to €217,182
of which Other amounts receivable: +€216,270
- Cash +€4,978
up €4,978 (+401.5%), from €1,240 to €6,218
mainly Investment in fixed assets (net) (+€345,361) and Advances received (+€41,658)
- Debts after one year -€142,238
no longer reported in 2025 (was €142,238)
- Other debts -€43,522
no longer reported in 2025 (was €43,522)
- Advances received +€41,658
new in 2025: €41,658
- Profit (loss) carried forward +€22,948
no longer reported in 2025 (was -€22,948)
- Reserves -€17,663
down €17,663 (-10.2%), from €173,118 to €155,455
- Other operating charges +€18,654
up €18,654 (+1362.9%), from €1,369 to €20,022
- Depreciation -€10,826
down €10,826 (-73.3%), from €14,764 to €3,938
- Gross operating margin +€6,121
up €6,121 (+27.5%), from €22,268 to €28,389
- Financial income +€4,198
new in 2025: €4,198
- Financial charges -€1,884
down €1,884 (-53.1%), from €3,546 to €1,662
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 | €368,543 | €227,669 | -€140,874 | -38.2% |
| Fixed assets | 21/28 | €353,568 | €4,270 | -€349,299 | -98.8% |
| Tangible fixed assets | 22/27 | €353,568 | €4,270 | -€349,299 | -98.8% |
| Land and buildings | 22 | €343,238 | - | -€343,238 | |
| Plant, machinery and equipment | 23 | €2,123 | - | -€2,123 | |
| Furniture and vehicles | 24 | €8,207 | €4,270 | -€3,938 | -48.0% |
| Current assets | 29/58 | €14,975 | €223,400 | +€208,425 | +1391.8% |
| Amounts receivable within one year | 40/41 | €11,726 | €217,182 | +€205,457 | +1752.2% |
| Trade receivables | 40 | €10,813 | - | -€10,813 | |
| Other amounts receivable | 41 | €912 | €217,182 | +€216,270 | +23707.1% |
| Cash at bank and in hand | 54/58 | €1,240 | €6,218 | +€4,978 | +401.5% |
| Deferred charges and accrued income | 490/1 | €2,010 | - | -€2,010 | |
| Total equity and liabilities | 10/49 | €368,543 | €227,669 | -€140,874 | -38.2% |
| Equity | 10/15 | €161,371 | €166,655 | +€5,285 | +3.3% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €173,118 | €155,455 | -€17,663 | -10.2% |
| Distributable reserves | 133 | €173,118 | €155,455 | -€17,663 | -10.2% |
| Profit (loss) carried forward | 14 | -€22,948 | - | +€22,948 | |
| Amounts payable | 17/49 | €207,173 | €61,014 | -€146,158 | -70.5% |
| Amounts payable after more than one year | 17 | €142,238 | - | -€142,238 | |
| Financial debts | 170/4 | €142,238 | - | -€142,238 | |
| Amounts payable within one year | 42/48 | €64,935 | €61,014 | -€3,920 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €12,466 | - | -€12,466 | |
| Trade debts | 44 | - | €17,014 | +€17,014 | |
| Suppliers | 440/4 | - | €17,014 | +€17,014 | |
| Advances received on contracts in progress | 46 | - | €41,658 | +€41,658 | |
| Taxes, remuneration and social security | 45 | €8,946 | €2,342 | -€6,604 | -73.8% |
| Taxes | 450/3 | €8,946 | €2,342 | -€6,604 | -73.8% |
| Other amounts payable | 47/48 | €43,522 | - | -€43,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,764 | €3,938 | -€10,826 | -73.3% |
| Other operating charges | 640/8 | €1,369 | €20,022 | +€18,654 | +1362.9% |
| Gross operating margin | 9900 | €22,268 | €28,389 | +€6,121 | +27.5% |
| Operating profit (loss) | 9901 | €6,135 | €4,429 | -€1,706 | -27.8% |
| Financial income | 75/76B | - | €4,198 | +€4,198 | |
| Recurring financial income | 75 | - | €4,198 | +€4,198 | |
| Financial charges | 65/66B | €3,546 | €1,662 | -€1,884 | -53.1% |
| Recurring financial charges | 65 | €3,546 | €1,662 | -€1,884 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €2,589 | €6,965 | +€4,376 | +169.0% |
| Income taxes | 67/77 | €715 | €1,680 | +€965 | +135.1% |
| Profit (loss) for the period | 9904 | €1,874 | €5,285 | +€3,410 | +182.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,874 | €5,285 | +€3,410 | +182.0% |
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 9 October 2026 via checked.be.