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NITTON

Active Risk: not assessed
Private limited companyfounded 2011active for 15 yearsZwaarveld 34, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0836.039.733
Summary

NITTON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.8m and a net result of €832,680. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 6,568 sector peers (NACE 64, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
€1.8m▲ 87.4%
2024 · €952,311
Net result
€832,680
2024 · -€49,007
Total assets
€9.5m▼ 0.1%
2024 · €9.5m
Solvency
18.9%▲ 8.8pp
2024 · 10.0%
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result returns to profit in 2025: €137,597 after a loss of €13,284 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.8m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.002m--€0.002m▼ 58.4%-€0.005m▼ 100.0%-€0.004m▲ 17.1%-€0.002m▲ 55.3%-€0.01m▼ 644%€0.1m
Net result-€0.002m--€0.6mbelow the sector's middle half▼ 34,197%-€0.005mbelow the sector's middle half▲ 99.1%-€0.004mbelow the sector's middle half▲ 16.2%-€0.002mbelow the sector's middle half▲ 53.3%-€0.05mbelow the sector's middle half▼ 2,429%€0.8mabove the sector's middle half
Equity-€0.05m--€0.6mbelow the sector's middle half▼ 1,173%-€0.6mbelow the sector's middle half▼ 0.8%-€0.6mbelow the sector's middle half▼ 0.7%-€0.6mbelow the sector's middle half▼ 0.3%€1.0mwithin the sector's middle half€1.8mwithin the sector's middle half▲ 87.4%
Total assets€0.6m-€0.02mbelow the sector's middle half▼ 96.6%€0.02mbelow the sector's middle half▼ 23.6%€0.01mbelow the sector's middle half▼ 30.5%€0.002mbelow the sector's middle half▼ 84.0%€9.5mabove the sector's middle half▲ 556,469%€9.5mabove the sector's middle half▼ 0.1%
Debt€0.6m-€0.7m▲ 2.6%€0.7m=€0.7m▼ 0.1%€0.6m▼ 1.1%€8.5m▲ 1,222%€7.7m▼ 9.9%
Working capital-€0.6m--€0.005mwithin the sector's middle half▲ 99.2%-€0.01mwithin the sector's middle half▼ 103%-€0.01mwithin the sector's middle half▼ 38.7%€0.001mwithin the sector's middle half-€1.3mbelow the sector's middle half-€1.4mbelow the sector's middle half▼ 2.8%
Solvency-8.5%--3142.7%below the sector's middle half▼ 3134.2pp-4146.1%below the sector's middle half▼ 1003.3pp-6006.0%below the sector's middle half▼ 1860.0pp-37760.9%below the sector's middle half▼ 31754.8pp10.0%below the sector's middle half▲ 37770.9pp18.9%below the sector's middle half▲ 8.8pp
Current ratio0.01-0.80within the sector's middle half▲ 0.790.61below the sector's middle half▼ 0.200.43below the sector's middle half▼ 0.170.02below the sector's middle half0.01below the sector's middle half▼ 0.01
Return on assets (ROA)-0.3%--32.3%below the sector's middle half-38.9%below the sector's middle half▼ 6.6pp-0.5%below the sector's middle half8.8%within the sector's middle half▲ 9.3pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
  • 2021 Net result +99% on 2020. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.5m
Fixed assets €9.5m =
Current assets €18,674 ▼ 31.6%
Equity and liabilities €9.5m
Equity €1.8m ▲ 87.4%
Debt €7.7m ▼ 9.9%
Debt's share of the balance-sheet total falls from 90.0% to 81.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
46.6%▲
2024 · -5.1%
Debt ≤ 1 year
€1.4m▲
2024 · €1.4m
Debt > 1 year
€6.3m▼
2024 · €7.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€9.5m€9.5m▼
Fixed assets21/28€9.5m€9.5m=
Financial fixed assets28€9.5m€9.5m=
Current assets29/58€0.03m€0.02m▼
Amounts receivable within one year40/41€0.002m€34▼
Other amounts receivable41€0.002m€34▼
Cash at bank and in hand54/58€0.02m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€9.5m€9.5m▼
Equity10/15€1.0m€1.8m▲
Contributions10/11€1.8m€1.8m=
Reserves13-€0.01m
Distributable reserves133-€0.01m
Profit (loss) carried forward14-€0.8m€0▲
Amounts payable17/49€8.5m€7.7m▼
Amounts payable after more than one year17€7.2m€6.3m▼
Financial debts170/4€7.2m€6.3m▼
Amounts payable within one year42/48€1.4m€1.4m▲
Current portion of amounts payable after more than one year42€1.3m€1.0m▼
Trade debts44€0€219▲
Suppliers440/4€0€219▲
Taxes, remuneration and social security45-€0.003m
Taxes450/3-€0.003m
Other amounts payable47/48€0.03m€0.4m▲
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900-€0.01m€0.1m▲
Operating profit (loss)9901-€0.01m€0.1m▲
Financial income75/76B-€1.0m
Recurring financial income75-€1.0m
Financial charges65/66B€0.04m€0.3m▲
Recurring financial charges65€0.04m€0.3m▲
Profit (loss) for the period before taxes9903-€0.05m€0.8m▲
Profit (loss) for the period9904-€0.05m€0.8m▲
Profit (loss) for the period to be appropriated9905-€0.05m€0.8m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.8m€0.01m▲
Profit (loss) brought forward from the previous period14P-€0.8m-€0.8m▼
Transfer to equity691/2-€0.01m
To other reserves6921-€0.01m
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Other operating charges640/8--€0.001m€0.001m€0.001m€0.001m€0.001m▼ 13.8%
Gross operating margin9900-€0.001m-€0.002m-€0.004m-€0.003m-€0.001m-€0.01m€0.1m▲ 1,205%
Operating profit (loss)9901-€0.002m-€0.002m-€0.005m-€0.004m-€0.002m-€0.01m€0.1m▲ 1,136%
Financial income75/76B------€1.0m-
Recurring financial income75------€1.0m-
Financial charges65/66B--€136€157€153€0.04m€0.3m▲ 754%
Recurring financial charges65€176€154€136€157€153€0.04m€0.3m▲ 754%
Profit (loss) for the period before taxes9903-€0.002m-€0.6m-€0.005m-€0.004m-€0.002m-€0.05m€0.8m▲ 1,799%
Profit (loss) for the period9904-€0.002m-€0.6m-€0.005m-€0.004m-€0.002m-€0.05m€0.8m▲ 1,799%
Profit (loss) for the period to be appropriated9905-€0.002m-€0.6m-€0.005m-€0.004m-€0.002m-€0.05m€0.8m▲ 1,799%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.02m€0.02m€0.01m€0.002m€9.5m€9.5m▼ 0.1%
Fixed assets21/28€0.6m€1---€9.5m€9.5m=
Financial fixed assets28€0.6m€1---€9.5m€9.5m=
Current assets29/58€0.006m€0.02m€0.02m€0.01m€0.002m€0.03m€0.02m▼ 31.6%
Amounts receivable within one year40/41€0.006m€0.006m-€0.003m-€0.002m€34▼ 98.6%
Trade receivables40---€0.003m----
Other amounts receivable41-----€0.002m€34▼ 98.6%
Cash at bank and in hand54/58€268€0.01m€0.02m€0.008m€0.002m€0.02m€0.02m▼ 25.0%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.02m€0.02m€0.01m€0.002m€9.5m€9.5m▼ 0.1%
Equity10/15-€0.05m-€0.6m-€0.6m-€0.6m-€0.6m€1.0m€1.8m▲ 87.4%
Contributions10/11€0.1m-€0.1m€0.1m€0.1m€1.8m€1.8m=
Reserves13------€0.01m-
Distributable reserves133------€0.01m-
Profit (loss) carried forward14-€0.2m-€0.8m-€0.8m-€0.8m-€0.8m-€0.8m€0▲ 100%
Amounts payable17/49€0.6m€0.7m€0.7m€0.7m€0.6m€8.5m€7.7m▼ 9.9%
Amounts payable after more than one year17-€0.6m€0.6m€0.6m€0.6m€7.2m€6.3m▼ 12.2%
Financial debts170/4--€0.6m€0.6m€0.6m€7.2m€6.3m▼ 12.2%
Amounts payable within one year42/48€0.6m€0.03m€0.03m€0.02m€384€1.4m€1.4m▲ 2.1%
Current portion of amounts payable after more than one year42-----€1.3m€1.0m▼ 24.0%
Trade debts44-€476€0.001m-€384€0€219-
Suppliers440/4--€0.001m-€384€0€219-
Taxes, remuneration and social security45------€0.003m-
Taxes450/3------€0.003m-
Other amounts payable47/48--€0.02m€0.02m-€0.03m€0.4m▲ 1,394%
Accrued charges and deferred income492/3--€73€348----
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€1,698-€582,314-€4,958-€4,153-€1,938-€49,007€832,680▲ 1,799%
Operating cash flow (approximation)-€1,698-€582,314-€4,958-€4,153-€1,938-€49,007€832,680▲ 1,799%
Investment in fixed assets (approximation)-€579,749----€0-
Change in cash-€13,839€1,254-€7,354-€6,305€23,161-€6,223▼ 127%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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