SITTELLE: 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.
SITTELLE
Largest movements
- Tangible fixed assets +€3,135
up €3,135 (+1.6%), from €199,880 to €203,015
of which Land and buildings: +€3,322
- Debts after one year -€7,200
down €7,200 (-4.5%), from €159,700 to €152,500
- Other debts +€5,116
up €5,116 (+1,397%), from €366 to €5,482
- Profit (loss) carried forward +€5,005
up €5,005 (+42.4%), from €11,800 to €16,805
- Turnover -€1,854
down €1,854 (-7.9%), from €23,323 to €21,469
- Other operating charges -€1,127
down €1,127 (-25.8%), from €4,371 to €3,244
- Depreciation +€831
up €831 (+19.1%), from €4,348 to €5,179
- Gross operating margin -€414
down €414 (-3.0%), from €13,908 to €13,494
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 | €202,063 | €203,474 | +€1,411 | +0.7% |
| Fixed assets | 21/28 | €199,880 | €203,015 | +€3,135 | +1.6% |
| Tangible fixed assets | 22/27 | €199,880 | €203,015 | +€3,135 | +1.6% |
| Land and buildings | 22 | €199,318 | €202,640 | +€3,322 | +1.7% |
| Furniture and vehicles | 24 | €562 | €375 | -€187 | -33.3% |
| Current assets | 29/58 | €2,182 | €459 | -€1,723 | -79.0% |
| Amounts receivable within one year | 40/41 | €925 | €119 | -€806 | -87.1% |
| Trade receivables | 40 | €925 | €119 | -€806 | -87.1% |
| Current investments | 50/53 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €1,254 | €340 | -€914 | -72.9% |
| Total equity and liabilities | 10/49 | €202,063 | €203,474 | +€1,411 | +0.7% |
| Equity | 10/15 | €33,800 | €38,805 | +€5,005 | +14.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,800 | €16,805 | +€5,005 | +42.4% |
| Amounts payable | 17/49 | €168,263 | €164,669 | -€3,594 | -2.1% |
| Amounts payable after more than one year | 17 | €159,700 | €152,500 | -€7,200 | -4.5% |
| Financial debts | 170/4 | €159,700 | €152,500 | -€7,200 | -4.5% |
| Amounts payable within one year | 42/48 | €8,563 | €12,169 | +€3,606 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €6,547 | -€1,453 | -18.2% |
| Trade debts | 44 | - | €52 | +€52 | |
| Suppliers | 440/4 | - | €52 | +€52 | |
| Taxes, remuneration and social security | 45 | €196 | €88 | -€108 | -55.2% |
| Taxes | 450/3 | €196 | €88 | -€108 | -55.2% |
| Other amounts payable | 47/48 | €366 | €5,482 | +€5,116 | +1,397% |
| Turnover | 70 | €23,323 | €21,469 | -€1,854 | -7.9% |
| Non-recurring operating income | 76A | €1,900 | - | -€1,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,348 | €5,179 | +€831 | +19.1% |
| Other operating charges | 640/8 | €4,371 | €3,244 | -€1,127 | -25.8% |
| Gross operating margin | 9900 | €13,908 | €13,494 | -€414 | -3.0% |
| Operating profit (loss) | 9901 | €5,190 | €5,071 | -€119 | -2.3% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Non-recurring financial income | 76B | - | €4 | +€4 | |
| Financial charges | 65/66B | €63 | €70 | +€7 | +11.6% |
| Recurring financial charges | 65 | €63 | €70 | +€7 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €5,127 | €5,005 | -€122 | -2.4% |
| Income taxes | 67/77 | €94 | - | -€94 | |
| Profit (loss) for the period | 9904 | €5,032 | €5,005 | -€27 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,032 | €5,005 | -€27 | -0.5% |
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 18 October 2026 via checked.be.