SITTI: 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.
SITTI
Largest movements
- Receivables within one year -€38,345
down €38,345 (-79.2%), from €48,400 to €10,056
- Stocks and contracts +€11,250
up €11,250 (+29.9%), from €37,651 to €48,900
- Cash -€4,836
down €4,836 (-85.7%), from €5,641 to €805
mainly Tax, wage and social debts (-€39,521) and Stocks and contracts (-€11,250)
- Tax, wage and social debts -€39,521
down €39,521 (-56.4%), from €70,092 to €30,571
of which Remuneration and social security: -€28,475
- Profit (loss) carried forward +€7,106
up €7,106 (+12.3%), from -€57,557 to -€50,452
- Other debts +€4,576
up €4,576 (+14.6%), from €31,441 to €36,017
- Trade debts -€4,092
down €4,092 (-45.5%), from €8,993 to €4,901
- Staff costs +€3,876
up €3,876 (+17.9%), from €21,703 to €25,579
- Gross operating margin +€2,255
up €2,255 (+6.9%), from €32,679 to €34,934
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 | €97,866 | €65,935 | -€31,931 | -32.6% |
| Fixed assets | 21/28 | €6,175 | €6,175 | = | 0.0% |
| Financial fixed assets | 28 | €6,175 | €6,175 | = | 0.0% |
| Current assets | 29/58 | €91,691 | €59,760 | -€31,931 | -34.8% |
| Stocks and contracts in progress | 3 | €37,651 | €48,900 | +€11,250 | +29.9% |
| Stocks | 30/36 | €37,651 | €48,900 | +€11,250 | +29.9% |
| Amounts receivable within one year | 40/41 | €48,400 | €10,056 | -€38,345 | -79.2% |
| Trade receivables | 40 | €48,400 | €10,056 | -€38,345 | -79.2% |
| Cash at bank and in hand | 54/58 | €5,641 | €805 | -€4,836 | -85.7% |
| Total equity and liabilities | 10/49 | €97,866 | €65,935 | -€31,931 | -32.6% |
| Equity | 10/15 | -€12,660 | -€5,554 | +€7,106 | +56.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,298 | €26,298 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,438 | €24,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,557 | -€50,452 | +€7,106 | +12.3% |
| Amounts payable | 17/49 | €110,526 | €71,489 | -€39,037 | -35.3% |
| Amounts payable within one year | 42/48 | €110,526 | €71,489 | -€39,037 | -35.3% |
| Trade debts | 44 | €8,993 | €4,901 | -€4,092 | -45.5% |
| Suppliers | 440/4 | €8,993 | €4,901 | -€4,092 | -45.5% |
| Taxes, remuneration and social security | 45 | €70,092 | €30,571 | -€39,521 | -56.4% |
| Taxes | 450/3 | €16,778 | €5,732 | -€11,045 | -65.8% |
| Remuneration and social security | 454/9 | €53,314 | €24,839 | -€28,475 | -53.4% |
| Other amounts payable | 47/48 | €31,441 | €36,017 | +€4,576 | +14.6% |
| Remuneration, social security and pensions | 62 | €21,703 | €25,579 | +€3,876 | +17.9% |
| Other operating charges | 640/8 | €2,056 | €2,196 | +€139 | +6.8% |
| Non-recurring operating charges | 66A | €508 | - | -€508 | |
| Gross operating margin | 9900 | €32,679 | €34,934 | +€2,255 | +6.9% |
| Operating profit (loss) | 9901 | €8,412 | €7,160 | -€1,252 | -14.9% |
| Financial charges | 65/66B | €227 | €54 | -€173 | -76.2% |
| Recurring financial charges | 65 | €227 | €54 | -€173 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €8,185 | €7,106 | -€1,079 | -13.2% |
| Profit (loss) for the period | 9904 | €8,185 | €7,106 | -€1,079 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,185 | €7,106 | -€1,079 | -13.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.