NIOTRIS: 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.
NIOTRIS
Largest movements
- Current investments +€40,000
new in 2025: €40,000
- Deferred charges and accrued income -€21,053
down €21,053 (-99.8%), from €21,097 to €43
- Cash +€20,121
up €20,121 (+22.1%), from €91,156 to €111,277
mainly Net result for the year (+€80,521) and Deferred charges and accrued income (+€21,053)
- Receivables within one year +€17,028
up €17,028 (+168%), from €10,145 to €27,173
of which Trade receivables: +€13,578
- Receivables after one year +€15,000
new in 2025: €15,000
- Reserves +€80,521
up €80,521 (+70.6%), from €114,067 to €194,588
- Tax, wage and social debts -€7,349
down €7,349 (-48.0%), from €15,295 to €7,946
- Debts after one year +€5,961
new in 2025: €5,961
- Trade debts -€5,775
down €5,775 (-87.4%), from €6,606 to €831
- Current portion of long-term debt +€3,611
new in 2025: €3,611
- Gross operating margin +€53,148
up €53,148 (+84.9%), from €62,594 to €115,742
- Taxes +€15,603
up €15,603 (+126%), from €12,343 to €27,946
- Depreciation +€2,268
up €2,268 (+85.9%), from €2,640 to €4,908
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 | €140,830 | €218,060 | +€77,230 | +54.8% |
| Fixed assets | 21/28 | €18,432 | €24,567 | +€6,135 | +33.3% |
| Tangible fixed assets | 22/27 | €13,147 | €19,282 | +€6,135 | +46.7% |
| Plant, machinery and equipment | 23 | €9,040 | €7,073 | -€1,968 | -21.8% |
| Furniture and vehicles | 24 | €2,241 | €11,117 | +€8,876 | +396% |
| Other tangible fixed assets | 26 | €1,866 | €1,092 | -€774 | -41.5% |
| Financial fixed assets | 28 | €5,285 | €5,285 | = | 0.0% |
| Current assets | 29/58 | €122,397 | €193,493 | +€71,095 | +58.1% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €10,145 | €27,173 | +€17,028 | +168% |
| Trade receivables | 40 | €7,384 | €20,962 | +€13,578 | +184% |
| Other amounts receivable | 41 | €2,761 | €6,211 | +€3,450 | +125% |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €91,156 | €111,277 | +€20,121 | +22.1% |
| Deferred charges and accrued income | 490/1 | €21,097 | €43 | -€21,053 | -99.8% |
| Total equity and liabilities | 10/49 | €140,830 | €218,060 | +€77,230 | +54.8% |
| Equity | 10/15 | €116,567 | €197,088 | +€80,521 | +69.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €114,067 | €194,588 | +€80,521 | +70.6% |
| Distributable reserves | 133 | €114,067 | €194,588 | +€80,521 | +70.6% |
| Amounts payable | 17/49 | €24,263 | €20,971 | -€3,291 | -13.6% |
| Amounts payable after more than one year | 17 | - | €5,961 | +€5,961 | |
| Financial debts | 170/4 | - | €5,961 | +€5,961 | |
| Amounts payable within one year | 42/48 | €24,263 | €15,011 | -€9,252 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,611 | +€3,611 | |
| Financial debts | 43 | €172 | €185 | +€13 | +7.8% |
| Credit institutions | 430/8 | €172 | €185 | +€13 | +7.8% |
| Trade debts | 44 | €6,606 | €831 | -€5,775 | -87.4% |
| Suppliers | 440/4 | €6,606 | €831 | -€5,775 | -87.4% |
| Taxes, remuneration and social security | 45 | €15,295 | €7,946 | -€7,349 | -48.0% |
| Taxes | 450/3 | €15,295 | €7,946 | -€7,349 | -48.0% |
| Other amounts payable | 47/48 | €2,190 | €2,437 | +€247 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,640 | €4,908 | +€2,268 | +85.9% |
| Other operating charges | 640/8 | €191 | €567 | +€376 | +197% |
| Gross operating margin | 9900 | €62,594 | €115,742 | +€53,148 | +84.9% |
| Operating profit (loss) | 9901 | €59,763 | €110,267 | +€50,504 | +84.5% |
| Financial income | 75/76B | €9 | €5 | -€3 | -41.0% |
| Recurring financial income | 75 | €9 | €5 | -€3 | -41.0% |
| Financial charges | 65/66B | €2,077 | €1,805 | -€271 | -13.1% |
| Recurring financial charges | 65 | €2,077 | €1,805 | -€271 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €57,695 | €108,467 | +€50,772 | +88.0% |
| Income taxes | 67/77 | €12,343 | €27,946 | +€15,603 | +126% |
| Profit (loss) for the period | 9904 | €45,352 | €80,521 | +€35,169 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,352 | €80,521 | +€35,169 | +77.5% |
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 25 October 2026 via checked.be.