SITO-ARCHITECTEN: what changed
SITO-ARCHITECTEN
Largest movements
- Cash +€201,569
up €201,569 (+121%), from €165,942 to €367,511
- Stocks and contracts -€196,186
no longer reported in 2025 (was €196,186)
- Receivables within one year +€137,343
up €137,343 (+117%), from €117,763 to €255,106
of which Trade receivables: +€77,190
- Tangible fixed assets +€50,953
up €50,953 (+26.6%), from €191,755 to €242,708
of which Furniture and vehicles: +€38,853
- Deferred charges and accrued income +€13,596
up €13,596 (+128%), from €10,602 to €24,199
- Reserves +€253,035
up €253,035 (+124%), from €204,784 to €457,819
- Short-term financial debts -€135,000
no longer reported in 2025 (was €135,000)
- Tax, wage and social debts +€46,655
up €46,655 (+719%), from €6,491 to €53,147
of which Taxes: +€40,412
- Trade debts +€45,191
up €45,191 (+50.9%), from €88,842 to €134,033
- Current portion of long-term debt +€10,696
up €10,696 (+43.5%), from €24,571 to €35,267
- Gross operating margin +€443,221
up €443,221 (+273%), from €162,482 to €605,703
- Taxes +€99,968
up €99,968 (+395%), from €25,291 to €125,259
- Staff costs +€63,293
up €63,293 (+171%), from €37,085 to €100,378
- Depreciation +€56,441
up €56,441 (+284%), from €19,848 to €76,289
- Financial charges +€13,917
up €13,917 (+78.2%), from €17,801 to €31,718
Change in the result, 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €688,492 | €898,224 | +€209,732 | +30.5% |
| Fixed assets | 21/28 | €191,755 | €251,408 | +€59,653 | +31.1% |
| Tangible fixed assets | 22/27 | €191,755 | €242,708 | +€50,953 | +26.6% |
| Land and buildings | 22 | €152,481 | €158,300 | +€5,819 | +3.8% |
| Plant, machinery and equipment | 23 | €12,085 | €17,327 | +€5,242 | +43.4% |
| Furniture and vehicles | 24 | €27,189 | €66,043 | +€38,853 | +143% |
| Other tangible fixed assets | 26 | - | €1,039 | +€1,039 | |
| Financial fixed assets | 28 | - | €8,700 | +€8,700 | |
| Current assets | 29/58 | €496,737 | €646,817 | +€150,080 | +30.2% |
| Stocks and contracts in progress | 3 | €196,186 | - | -€196,186 | |
| Stocks | 30/36 | €196,186 | - | -€196,186 | |
| Amounts receivable within one year | 40/41 | €117,763 | €255,106 | +€137,343 | +117% |
| Trade receivables | 40 | €113,201 | €190,391 | +€77,190 | +68.2% |
| Other amounts receivable | 41 | €4,562 | €64,715 | +€60,153 | +1,319% |
| Current investments | 50/53 | €6,243 | - | -€6,243 | |
| Cash at bank and in hand | 54/58 | €165,942 | €367,511 | +€201,569 | +121% |
| Deferred charges and accrued income | 490/1 | €10,602 | €24,199 | +€13,596 | +128% |
| Total equity and liabilities | 10/49 | €688,492 | €898,224 | +€209,732 | +30.5% |
| Equity | 10/15 | €223,384 | €476,419 | +€253,035 | +113% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €204,784 | €457,819 | +€253,035 | +124% |
| Distributable reserves | 133 | €204,784 | €457,819 | +€253,035 | +124% |
| Amounts payable | 17/49 | €465,108 | €421,805 | -€43,302 | -9.3% |
| Amounts payable after more than one year | 17 | €201,514 | €197,819 | -€3,695 | -1.8% |
| Financial debts | 170/4 | €201,514 | €197,819 | -€3,695 | -1.8% |
| Amounts payable within one year | 42/48 | €263,593 | €223,986 | -€39,608 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €24,571 | €35,267 | +€10,696 | +43.5% |
| Financial debts | 43 | €135,000 | - | -€135,000 | |
| Credit institutions | 430/8 | €135,000 | - | -€135,000 | |
| Trade debts | 44 | €88,842 | €134,033 | +€45,191 | +50.9% |
| Suppliers | 440/4 | €88,842 | €134,033 | +€45,191 | +50.9% |
| Advances received on contracts in progress | 46 | €7,490 | - | -€7,490 | |
| Taxes, remuneration and social security | 45 | €6,491 | €53,147 | +€46,655 | +719% |
| Taxes | 450/3 | €269 | €40,681 | +€40,412 | +15,011% |
| Remuneration and social security | 454/9 | €6,222 | €12,466 | +€6,244 | +100% |
| Other amounts payable | 47/48 | €1,200 | €1,540 | +€340 | +28.3% |
| Non-recurring operating income | 76A | €454 | €10,342 | +€9,888 | +2,179% |
| Remuneration, social security and pensions | 62 | €37,085 | €100,378 | +€63,293 | +171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,848 | €76,289 | +€56,441 | +284% |
| Other operating charges | 640/8 | €4,121 | €10,050 | +€5,929 | +144% |
| Non-recurring operating charges | 66A | €12,029 | €11,189 | -€840 | -7.0% |
| Gross operating margin | 9900 | €162,482 | €605,703 | +€443,221 | +273% |
| Operating profit (loss) | 9901 | €89,398 | €407,796 | +€318,398 | +356% |
| Financial income | 75/76B | €281 | €2,215 | +€1,934 | +688% |
| Recurring financial income | 75 | €281 | €2,215 | +€1,934 | +688% |
| Financial charges | 65/66B | €17,801 | €31,718 | +€13,917 | +78.2% |
| Recurring financial charges | 65 | €17,801 | €31,718 | +€13,917 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €71,878 | €378,293 | +€306,415 | +426% |
| Income taxes | 67/77 | €25,291 | €125,259 | +€99,968 | +395% |
| Profit (loss) for the period | 9904 | €46,587 | €253,035 | +€206,448 | +443% |
| Profit (loss) for the period to be appropriated | 9905 | €46,587 | €253,035 | +€206,448 | +443% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.