NITHO: what changed
Two fiscal 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.
NITHO
Largest movements
- Intangible fixed assets -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Receivables within one year +€2,935
up €2,935 (+28.6%), from €10,246 to €13,181
- Tangible fixed assets -€2,335
down €2,335 (-45.2%), from €5,167 to €2,832
of which Furniture and vehicles: -€1,176
- Trade debts +€13,402
up €13,402 (+100.0%), from €13,405 to €26,807
- Profit (loss) carried forward -€5,281
down €5,281 (-9.5%), from -€55,863 to -€61,143
- Other debts -€4,815
down €4,815 (-8.0%), from €59,934 to €55,119
- Debts after one year -€3,928
no longer reported in 2025 (was €3,928)
- Accrued charges and deferred income -€2,282
no longer reported in 2025 (was €2,282)
- Staff costs +€15,400
up €15,400 (+55.8%), from €27,608 to €43,007
- Financial charges -€1,672
down €1,672 (-46.0%), from €3,635 to €1,963
- Gross operating margin +€1,355
up €1,355 (+2.7%), from €51,044 to €52,399
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.
Cash bridge derived
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 | €53,604 | €49,126 | -€4,478 | -8.4% |
| Fixed assets | 21/28 | €40,167 | €32,832 | -€7,335 | -18.3% |
| Intangible fixed assets | 21 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Tangible fixed assets | 22/27 | €5,167 | €2,832 | -€2,335 | -45.2% |
| Plant, machinery and equipment | 23 | €2,391 | €1,233 | -€1,159 | -48.5% |
| Furniture and vehicles | 24 | €2,776 | €1,600 | -€1,176 | -42.4% |
| Current assets | 29/58 | €13,437 | €16,294 | +€2,857 | +21.3% |
| Stocks and contracts in progress | 3 | €1,500 | €1,501 | +€1 | +0.1% |
| Stocks | 30/36 | €1,500 | €1,501 | +€1 | +0.1% |
| Amounts receivable within one year | 40/41 | €10,246 | €13,181 | +€2,935 | +28.6% |
| Other amounts receivable | 41 | €10,246 | €13,181 | +€2,935 | +28.6% |
| Cash at bank and in hand | 54/58 | €1,691 | €1,612 | -€79 | -4.7% |
| Total equity and liabilities | 10/49 | €53,604 | €49,126 | -€4,478 | -8.4% |
| Equity | 10/15 | -€48,863 | -€54,143 | -€5,281 | -10.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,863 | -€61,143 | -€5,281 | -9.5% |
| Amounts payable | 17/49 | €102,467 | €103,269 | +€803 | +0.8% |
| Amounts payable after more than one year | 17 | €3,928 | - | -€3,928 | |
| Financial debts | 170/4 | €3,928 | - | -€3,928 | |
| Amounts payable within one year | 42/48 | €96,257 | €103,269 | +€7,012 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €5,137 | €3,963 | -€1,174 | -22.9% |
| Trade debts | 44 | €13,405 | €26,807 | +€13,402 | +100.0% |
| Suppliers | 440/4 | €13,405 | €26,807 | +€13,402 | +100.0% |
| Taxes, remuneration and social security | 45 | €17,782 | €17,381 | -€401 | -2.3% |
| Taxes | 450/3 | €10,433 | €12,555 | +€2,122 | +20.3% |
| Remuneration and social security | 454/9 | €7,348 | €4,826 | -€2,522 | -34.3% |
| Other amounts payable | 47/48 | €59,934 | €55,119 | -€4,815 | -8.0% |
| Accrued charges and deferred income | 492/3 | €2,282 | - | -€2,282 | |
| Remuneration, social security and pensions | 62 | €27,608 | €43,007 | +€15,400 | +55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,335 | €7,335 | = | 0.0% |
| Other operating charges | 640/8 | €5,391 | €5,375 | -€16 | -0.3% |
| Gross operating margin | 9900 | €51,044 | €52,399 | +€1,355 | +2.7% |
| Operating profit (loss) | 9901 | €10,711 | -€3,318 | -€14,029 | |
| Financial charges | 65/66B | €3,635 | €1,963 | -€1,672 | -46.0% |
| Recurring financial charges | 65 | €3,635 | €1,963 | -€1,672 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €7,076 | -€5,281 | -€12,356 | |
| Profit (loss) for the period | 9904 | €7,076 | -€5,281 | -€12,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,076 | -€5,281 | -€12,356 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.