LA NITRURATION MODERNE: what changed
LA NITRURATION MODERNE
Largest movements
- Receivables within one year +€143,154
up €143,154 (+9.4%), from €1.5m to €1.7m
of which Trade receivables: +€93,154
- Tangible fixed assets +€66,660
up €66,660 (+95.1%), from €70,104 to €136,764
of which Plant, machinery and equipment: +€67,679
- Cash +€62,400
up €62,400 (+9.2%), from €680,955 to €743,355
mainly Net result for the year (+€697,464) and Tax, wage and social debts (+€268,553)
- Other debts -€820,000
down €820,000 (-99.0%), from €828,162 to €8,162
- Profit (loss) carried forward +€697,464
up €697,464 (+1,146%), from €60,845 to €758,308
- Tax, wage and social debts +€268,553
up €268,553 (+89.9%), from €298,856 to €567,409
of which Taxes: +€258,062
- Trade debts +€125,522
up €125,522 (+45.2%), from €277,821 to €403,343
- Short-term financial debts -€70,944
no longer reported in 2025 (was €70,944)
- Taxes +€253,104
up €253,104 (+1,258%), from €20,124 to €273,228
- Gross operating margin +€223,755
up €223,755 (+8.3%), from €2.7m to €2.9m
- Staff costs +€143,125
up €143,125 (+8.3%), from €1.7m to €1.9m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,302,810 | €2,573,998 | +€271,188 | +11.8% |
| Fixed assets | 21/28 | €70,104 | €136,764 | +€66,660 | +95.1% |
| Tangible fixed assets | 22/27 | €70,104 | €136,764 | +€66,660 | +95.1% |
| Plant, machinery and equipment | 23 | €67,513 | €135,192 | +€67,679 | +100% |
| Furniture and vehicles | 24 | €2,591 | €1,573 | -€1,019 | -39.3% |
| Current assets | 29/58 | €2,232,706 | €2,437,234 | +€204,528 | +9.2% |
| Stocks and contracts in progress | 3 | €34,026 | €33,000 | -€1,026 | -3.0% |
| Stocks | 30/36 | €34,026 | €33,000 | -€1,026 | -3.0% |
| Amounts receivable within one year | 40/41 | €1,517,725 | €1,660,878 | +€143,154 | +9.4% |
| Trade receivables | 40 | €1,517,725 | €1,610,878 | +€93,154 | +6.1% |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €680,955 | €743,355 | +€62,400 | +9.2% |
| Total equity and liabilities | 10/49 | €2,302,810 | €2,573,998 | +€271,188 | +11.8% |
| Equity | 10/15 | €827,027 | €1,524,491 | +€697,464 | +84.3% |
| Contributions | 10/11 | €65,228 | €65,228 | = | 0.0% |
| Capital | 10 | €65,228 | €65,228 | = | 0.0% |
| Issued capital | 100 | €65,228 | €65,228 | = | 0.0% |
| Reserves | 13 | €700,955 | €700,955 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,523 | €6,523 | = | 0.0% |
| Legal reserve | 130 | €6,523 | €6,523 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,228 | €38,228 | = | 0.0% |
| Distributable reserves | 133 | €656,204 | €656,204 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,845 | €758,308 | +€697,464 | +1,146% |
| Amounts payable | 17/49 | €1,475,783 | €1,049,507 | -€426,276 | -28.9% |
| Amounts payable within one year | 42/48 | €1,475,783 | €1,049,507 | -€426,276 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | - | €70,593 | +€70,593 | |
| Financial debts | 43 | €70,944 | - | -€70,944 | |
| Credit institutions | 430/8 | €70,944 | - | -€70,944 | |
| Trade debts | 44 | €277,821 | €403,343 | +€125,522 | +45.2% |
| Suppliers | 440/4 | €277,821 | €403,343 | +€125,522 | +45.2% |
| Taxes, remuneration and social security | 45 | €298,856 | €567,409 | +€268,553 | +89.9% |
| Taxes | 450/3 | €106,429 | €364,491 | +€258,062 | +242% |
| Remuneration and social security | 454/9 | €192,427 | €202,918 | +€10,491 | +5.5% |
| Other amounts payable | 47/48 | €828,162 | €8,162 | -€820,000 | -99.0% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €1,734,846 | €1,877,970 | +€143,125 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,673 | €44,313 | +€10,640 | +31.6% |
| Other operating charges | 640/8 | €23,216 | €5,223 | -€17,993 | -77.5% |
| Gross operating margin | 9900 | €2,681,025 | €2,904,780 | +€223,755 | +8.3% |
| Operating profit (loss) | 9901 | €889,290 | €977,272 | +€87,983 | +9.9% |
| Financial charges | 65/66B | €6,162 | €6,581 | +€419 | +6.8% |
| Recurring financial charges | 65 | €6,162 | €6,581 | +€419 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €883,127 | €970,691 | +€87,564 | +9.9% |
| Income taxes | 67/77 | €20,124 | €273,228 | +€253,104 | +1,258% |
| Profit (loss) for the period | 9904 | €863,003 | €697,464 | -€165,540 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €863,003 | €697,464 | -€165,540 | -19.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.