SITOS: 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.
SITOS
Largest movements
- Cash +€115,189
up €115,189 (+937%), from €12,288 to €127,477
mainly Net result for the year (+€152,333) and Tax, wage and social debts (+€60,349)
- Receivables within one year +€60,000
up €60,000, from €0 to €60,000
of which Other amounts receivable: +€60,000
- Profit (loss) carried forward +€151,474
up €151,474 (+5,617%), from €2,697 to €154,171
- Debts after one year -€89,059
down €89,059 (-6.0%), from €1.5m to €1.4m
of which Financial debts: -€109,913
- Tax, wage and social debts +€60,349
up €60,349 (+1,284%), from €4,699 to €65,048
- Current portion of long-term debt +€52,898
up €52,898 (+92.8%), from €57,015 to €109,913
- Gross operating margin +€203,407
up €203,407 (+2,871%), from €7,086 to €210,493
- Financial charges +€57,594
up €57,594 (+2,511%), from €2,294 to €59,887
- Financial income +€40,000
new in 2025: €40,000
- Taxes +€37,060
up €37,060 (+3,058%), from €1,212 to €38,272
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 | €1,569,788 | €1,744,977 | +€175,189 | +11.2% |
| Fixed assets | 21/28 | €1,557,500 | €1,557,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,557,500 | €1,557,500 | = | 0.0% |
| Current assets | 29/58 | €12,288 | €187,477 | +€175,189 | +1,426% |
| Amounts receivable within one year | 40/41 | €0 | €60,000 | +€60,000 | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €12,288 | €127,477 | +€115,189 | +937% |
| Total equity and liabilities | 10/49 | €1,569,788 | €1,744,977 | +€175,189 | +11.2% |
| Equity | 10/15 | €7,697 | €159,171 | +€151,474 | +1,968% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,697 | €154,171 | +€151,474 | +5,617% |
| Amounts payable | 17/49 | €1,562,091 | €1,585,806 | +€23,714 | +1.5% |
| Amounts payable after more than one year | 17 | €1,496,212 | €1,407,153 | -€89,059 | -6.0% |
| Financial debts | 170/4 | €808,712 | €698,799 | -€109,913 | -13.6% |
| Other amounts payable | 178/9 | €687,500 | €708,354 | +€20,854 | +3.0% |
| Amounts payable within one year | 42/48 | €65,880 | €178,653 | +€112,773 | +171% |
| Current portion of amounts payable after more than one year | 42 | €57,015 | €109,913 | +€52,898 | +92.8% |
| Trade debts | 44 | €1,302 | €387 | -€915 | -70.3% |
| Suppliers | 440/4 | €1,302 | €387 | -€915 | -70.3% |
| Taxes, remuneration and social security | 45 | €4,699 | €65,048 | +€60,349 | +1,284% |
| Taxes | 450/3 | €4,699 | €65,048 | +€60,349 | +1,284% |
| Other amounts payable | 47/48 | €2,863 | €3,305 | +€441 | +15.4% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €7,086 | €210,493 | +€203,407 | +2,871% |
| Operating profit (loss) | 9901 | €7,036 | €210,493 | +€203,457 | +2,892% |
| Financial income | 75/76B | - | €40,000 | +€40,000 | |
| Recurring financial income | 75 | - | €40,000 | +€40,000 | |
| Financial charges | 65/66B | €2,294 | €59,887 | +€57,594 | +2,511% |
| Recurring financial charges | 65 | €2,294 | €59,887 | +€57,594 | +2,511% |
| Profit (loss) for the period before taxes | 9903 | €4,742 | €190,606 | +€185,864 | +3,920% |
| Income taxes | 67/77 | €1,212 | €38,272 | +€37,060 | +3,058% |
| Profit (loss) for the period | 9904 | €3,530 | €152,333 | +€148,803 | +4,216% |
| Profit (loss) for the period to be appropriated | 9905 | €3,530 | €152,333 | +€148,803 | +4,216% |
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.