SITOMAX: 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.
SITOMAX
Largest movements
- Tangible fixed assets -€72,563
down €72,563 (-4.6%), from €1.6m to €1.5m
of which Land and buildings: -€47,781
- Debts after one year -€73,863
down €73,863 (-8.9%), from €831,369 to €757,506
- Profit (loss) carried forward -€36,893
down €36,893 (-9.6%), from -€382,948 to -€419,841
- Other debts +€35,980
up €35,980 (+3.2%), from €1.1m to €1.2m
- Financial charges -€3,796
down €3,796 (-27.8%), from €13,657 to €9,861
- Gross operating margin -€817
down €817 (-1.6%), from €50,771 to €49,955
- Depreciation +€539
up €539 (+0.7%), from €74,995 to €75,533
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 | €1,675,990 | €1,601,775 | -€74,214 | -4.4% |
| Fixed assets | 21/28 | €1,582,597 | €1,510,034 | -€72,563 | -4.6% |
| Tangible fixed assets | 22/27 | €1,582,597 | €1,510,034 | -€72,563 | -4.6% |
| Land and buildings | 22 | €1,431,418 | €1,383,638 | -€47,781 | -3.3% |
| Plant, machinery and equipment | 23 | €126,611 | €113,317 | -€13,294 | -10.5% |
| Furniture and vehicles | 24 | €23,447 | €13,079 | -€10,368 | -44.2% |
| Assets under construction and advance payments | 27 | €1,121 | - | -€1,121 | |
| Current assets | 29/58 | €93,393 | €91,741 | -€1,651 | -1.8% |
| Amounts receivable within one year | 40/41 | €776 | €776 | = | 0.0% |
| Trade receivables | 40 | €776 | €776 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €92,617 | €90,965 | -€1,651 | -1.8% |
| Total equity and liabilities | 10/49 | €1,675,990 | €1,601,775 | -€74,214 | -4.4% |
| Equity | 10/15 | -€364,348 | -€401,241 | -€36,893 | -10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,948 | -€419,841 | -€36,893 | -9.6% |
| Amounts payable | 17/49 | €2,040,337 | €2,003,016 | -€37,321 | -1.8% |
| Amounts payable after more than one year | 17 | €831,369 | €757,506 | -€73,863 | -8.9% |
| Financial debts | 170/4 | €831,369 | €757,506 | -€73,863 | -8.9% |
| Amounts payable within one year | 42/48 | €1,208,968 | €1,245,510 | +€36,542 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €73,301 | €73,863 | +€562 | +0.8% |
| Other amounts payable | 47/48 | €1,135,667 | €1,171,647 | +€35,980 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,995 | €75,533 | +€539 | +0.7% |
| Other operating charges | 640/8 | €1,476 | €1,536 | +€60 | +4.1% |
| Gross operating margin | 9900 | €50,771 | €49,955 | -€817 | -1.6% |
| Operating profit (loss) | 9901 | -€25,699 | -€27,115 | -€1,415 | -5.5% |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €13,657 | €9,861 | -€3,796 | -27.8% |
| Recurring financial charges | 65 | €13,657 | €9,861 | -€3,796 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€39,357 | -€36,893 | +€2,464 | +6.3% |
| Profit (loss) for the period | 9904 | -€39,357 | -€36,893 | +€2,464 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,357 | -€36,893 | +€2,464 | +6.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.