NITEX: 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.
NITEX
Largest movements
- Receivables within one year -€15,776
down €15,776 (-91.2%), from €17,307 to €1,531
- Tangible fixed assets -€8,741
down €8,741 (-35.8%), from €24,403 to €15,661
- Cash +€7,391
up €7,391 (+82.5%), from €8,958 to €16,349
mainly Receivables within one year (+€15,776) and Depreciation (+€8,741)
- Other debts -€7,449
down €7,449 (-68.7%), from €10,836 to €3,387
- Debts after one year -€7,378
down €7,378 (-53.5%), from €13,796 to €6,418
- Profit (loss) carried forward -€2,219
down €2,219 (-20.7%), from -€10,717 to -€12,935
- Gross operating margin -€22,358
down €22,358 (-23.1%), from €96,955 to €74,598
- Taxes -€5,792
down €5,792 (-97.7%), from €5,929 to €137
- Staff costs -€4,705
down €4,705 (-6.6%), from €71,434 to €66,729
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 | €50,668 | €33,541 | -€17,126 | -33.8% |
| Fixed assets | 21/28 | €24,403 | €15,661 | -€8,741 | -35.8% |
| Tangible fixed assets | 22/27 | €24,403 | €15,661 | -€8,741 | -35.8% |
| Furniture and vehicles | 24 | €24,403 | €15,661 | -€8,741 | -35.8% |
| Current assets | 29/58 | €26,265 | €17,880 | -€8,385 | -31.9% |
| Amounts receivable within one year | 40/41 | €17,307 | €1,531 | -€15,776 | -91.2% |
| Trade receivables | 40 | €17,307 | €1,531 | -€15,776 | -91.2% |
| Cash at bank and in hand | 54/58 | €8,958 | €16,349 | +€7,391 | +82.5% |
| Total equity and liabilities | 10/49 | €50,668 | €33,541 | -€17,126 | -33.8% |
| Equity | 10/15 | €1,557 | -€662 | -€2,219 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,073 | €6,073 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €4,214 | €4,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,717 | -€12,935 | -€2,219 | -20.7% |
| Amounts payable | 17/49 | €49,111 | €34,203 | -€14,908 | -30.4% |
| Amounts payable after more than one year | 17 | €13,796 | €6,418 | -€7,378 | -53.5% |
| Financial debts | 170/4 | €13,796 | €6,418 | -€7,378 | -53.5% |
| Amounts payable within one year | 42/48 | €35,315 | €27,785 | -€7,530 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €7,039 | €7,378 | +€338 | +4.8% |
| Trade debts | 44 | €3,491 | €3,015 | -€476 | -13.6% |
| Suppliers | 440/4 | €3,491 | €3,015 | -€476 | -13.6% |
| Taxes, remuneration and social security | 45 | €13,948 | €14,005 | +€56 | +0.4% |
| Taxes | 450/3 | €4,922 | €6,311 | +€1,389 | +28.2% |
| Remuneration and social security | 454/9 | €9,027 | €7,694 | -€1,333 | -14.8% |
| Other amounts payable | 47/48 | €10,836 | €3,387 | -€7,449 | -68.7% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €71,434 | €66,729 | -€4,705 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,741 | €8,741 | = | 0.0% |
| Other operating charges | 640/8 | €656 | €350 | -€306 | -46.7% |
| Gross operating margin | 9900 | €96,955 | €74,598 | -€22,358 | -23.1% |
| Operating profit (loss) | 9901 | €16,124 | -€1,222 | -€17,347 | |
| Financial income | 75/76B | €56 | €10 | -€46 | -82.6% |
| Recurring financial income | 75 | €56 | €10 | -€46 | -82.6% |
| Financial charges | 65/66B | €1,185 | €869 | -€316 | -26.7% |
| Recurring financial charges | 65 | €1,185 | €869 | -€316 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €14,995 | -€2,081 | -€17,076 | |
| Income taxes | 67/77 | €5,929 | €137 | -€5,792 | -97.7% |
| Profit (loss) for the period | 9904 | €9,066 | -€2,219 | -€11,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,066 | -€2,219 | -€11,285 |
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 19 October 2026 via checked.be.