NILORT TECHNOLOGIES IT GROUP: 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.
NILORT TECHNOLOGIES IT GROUP
Largest movements
- Cash +€204,232
up €204,232 (+1,531%), from €13,337 to €217,569
mainly Net result for the year (+€94,996) and Depreciation (+€48,476)
- Intangible fixed assets -€41,832
down €41,832 (-32.4%), from €129,258 to €87,426
- Receivables within one year -€17,672
down €17,672 (-3.4%), from €513,085 to €495,413
of which Trade receivables: -€24,341
- Deferred charges and accrued income -€12,095
down €12,095 (-98.5%), from €12,277 to €182
- Tangible fixed assets -€10,565
down €10,565 (-29.1%), from €36,277 to €25,712
of which Furniture and vehicles: -€10,210
- Reserves +€127,455
up €127,455 (+6,852%), from €1,860 to €129,315
- Profit (loss) carried forward -€32,459
down €32,459 (-100%), from €32,459 to €0
- Current portion of long-term debt +€15,210
up €15,210 (+11.1%), from €137,208 to €152,418
- Trade debts +€11,499
up €11,499 (+5.5%), from €209,818 to €221,317
- Gross operating margin +€299,411
up €299,411 (+22.6%), from €1.3m to €1.6m
- Staff costs +€157,756
up €157,756 (+12.8%), from €1.2m to €1.4m
- Taxes +€36,661
up €36,661 (+112%), from €32,785 to €69,446
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 | €704,233 | €826,301 | +€122,068 | +17.3% |
| Fixed assets | 21/28 | €165,535 | €113,137 | -€52,397 | -31.7% |
| Intangible fixed assets | 21 | €129,258 | €87,426 | -€41,832 | -32.4% |
| Tangible fixed assets | 22/27 | €36,277 | €25,712 | -€10,565 | -29.1% |
| Plant, machinery and equipment | 23 | €355 | - | -€355 | |
| Furniture and vehicles | 24 | €35,922 | €25,712 | -€10,210 | -28.4% |
| Current assets | 29/58 | €538,698 | €713,164 | +€174,466 | +32.4% |
| Amounts receivable within one year | 40/41 | €513,085 | €495,413 | -€17,672 | -3.4% |
| Trade receivables | 40 | €512,349 | €488,007 | -€24,341 | -4.8% |
| Other amounts receivable | 41 | €736 | €7,406 | +€6,670 | +906% |
| Cash at bank and in hand | 54/58 | €13,337 | €217,569 | +€204,232 | +1,531% |
| Deferred charges and accrued income | 490/1 | €12,277 | €182 | -€12,095 | -98.5% |
| Total equity and liabilities | 10/49 | €704,233 | €826,301 | +€122,068 | +17.3% |
| Equity | 10/15 | €40,519 | €135,515 | +€94,996 | +234% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €129,315 | +€127,455 | +6,852% |
| Distributable reserves | 133 | €1,860 | €129,315 | +€127,455 | +6,852% |
| Profit (loss) carried forward | 14 | €32,459 | €0 | -€32,459 | -100% |
| Amounts payable | 17/49 | €663,714 | €690,787 | +€27,072 | +4.1% |
| Amounts payable after more than one year | 17 | €25,034 | €20,035 | -€4,999 | -20.0% |
| Financial debts | 170/4 | €25,034 | €20,035 | -€4,999 | -20.0% |
| Amounts payable within one year | 42/48 | €636,263 | €670,752 | +€34,489 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €137,208 | €152,418 | +€15,210 | +11.1% |
| Trade debts | 44 | €209,818 | €221,317 | +€11,499 | +5.5% |
| Suppliers | 440/4 | €209,818 | €221,317 | +€11,499 | +5.5% |
| Taxes, remuneration and social security | 45 | €289,046 | €296,825 | +€7,780 | +2.7% |
| Taxes | 450/3 | €130,761 | €120,188 | -€10,573 | -8.1% |
| Remuneration and social security | 454/9 | €158,285 | €176,637 | +€18,353 | +11.6% |
| Other amounts payable | 47/48 | €191 | €191 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,417 | - | -€2,417 | |
| Remuneration, social security and pensions | 62 | €1,231,430 | €1,389,185 | +€157,756 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,103 | €48,476 | +€14,372 | +42.1% |
| Other operating charges | 640/8 | €6,084 | €3,421 | -€2,662 | -43.8% |
| Gross operating margin | 9900 | €1,323,683 | €1,623,094 | +€299,411 | +22.6% |
| Operating profit (loss) | 9901 | €52,067 | €182,011 | +€129,945 | +250% |
| Financial income | 75/76B | €0 | €0 | -€0 | -60.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -60.0% |
| Financial charges | 65/66B | €12,336 | €17,569 | +€5,233 | +42.4% |
| Recurring financial charges | 65 | €12,336 | €17,569 | +€5,233 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €39,731 | €164,442 | +€124,711 | +314% |
| Income taxes | 67/77 | €32,785 | €69,446 | +€36,661 | +112% |
| Profit (loss) for the period | 9904 | €6,946 | €94,996 | +€88,050 | +1,268% |
| Profit (loss) for the period to be appropriated | 9905 | €6,946 | €94,996 | +€88,050 | +1,268% |
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 15 October 2026 via checked.be.