NITHOMAX: 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.
NITHOMAX
Largest movements
- Cash +€49,422
up €49,422 (+63.2%), from €78,174 to €127,596
mainly Net result for the year (+€83,200) and Other debts (+€16,499)
- Receivables within one year -€15,542
down €15,542 (-41.9%), from €37,075 to €21,533
of which Other amounts receivable: -€16,245
- Tangible fixed assets -€10,952
down €10,952 (-28.0%), from €39,083 to €28,131
of which Furniture and vehicles: -€10,644
- Other debts +€16,499
up €16,499 (+20.6%), from €80,000 to €96,499
- Tax, wage and social debts +€4,634
up €4,634 (+41.4%), from €11,187 to €15,820
of which Taxes: +€4,236
- Reserves +€3,200
up €3,200 (+3.5%), from €90,536 to €93,736
of which Distributable reserves: +€1,721
- Turnover +€218,829
new in 2025: €218,829
- Purchases and services +€106,349
new in 2025: €106,349
- Gross operating margin -€14,765
down €14,765 (-11.3%), from €131,033 to €116,268
- Taxes -€4,184
down €4,184 (-15.0%), from €27,860 to €23,676
- Depreciation +€2,994
up €2,994 (+34.4%), from €8,695 to €11,689
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 | €201,338 | €225,839 | +€24,501 | +12.2% |
| Fixed assets | 21/28 | €39,083 | €28,131 | -€10,952 | -28.0% |
| Tangible fixed assets | 22/27 | €39,083 | €28,131 | -€10,952 | -28.0% |
| Plant, machinery and equipment | 23 | €5,826 | €5,518 | -€308 | -5.3% |
| Furniture and vehicles | 24 | €33,257 | €22,613 | -€10,644 | -32.0% |
| Current assets | 29/58 | €162,255 | €197,708 | +€35,453 | +21.9% |
| Amounts receivable within one year | 40/41 | €37,075 | €21,533 | -€15,542 | -41.9% |
| Trade receivables | 40 | €19,817 | €20,521 | +€703 | +3.5% |
| Other amounts receivable | 41 | €17,258 | €1,012 | -€16,245 | -94.1% |
| Current investments | 50/53 | €46,462 | €47,941 | +€1,479 | +3.2% |
| Cash at bank and in hand | 54/58 | €78,174 | €127,596 | +€49,422 | +63.2% |
| Deferred charges and accrued income | 490/1 | €544 | €639 | +€94 | +17.4% |
| Total equity and liabilities | 10/49 | €201,338 | €225,839 | +€24,501 | +12.2% |
| Equity | 10/15 | €109,136 | €112,336 | +€3,200 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,536 | €93,736 | +€3,200 | +3.5% |
| Tax-exempt reserves | 132 | €2,560 | €4,038 | +€1,479 | +57.8% |
| Distributable reserves | 133 | €87,976 | €89,698 | +€1,721 | +2.0% |
| Amounts payable | 17/49 | €92,202 | €113,503 | +€21,301 | +23.1% |
| Amounts payable within one year | 42/48 | €92,202 | €113,503 | +€21,301 | +23.1% |
| Trade debts | 44 | €1,015 | €1,183 | +€168 | +16.5% |
| Suppliers | 440/4 | €1,015 | €1,183 | +€168 | +16.5% |
| Taxes, remuneration and social security | 45 | €11,187 | €15,820 | +€4,634 | +41.4% |
| Taxes | 450/3 | €11,164 | €15,400 | +€4,236 | +37.9% |
| Remuneration and social security | 454/9 | €23 | €421 | +€398 | +1,759% |
| Other amounts payable | 47/48 | €80,000 | €96,499 | +€16,499 | +20.6% |
| Turnover | 70 | - | €218,829 | +€218,829 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €106,349 | +€106,349 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,695 | €11,689 | +€2,994 | +34.4% |
| Other operating charges | 640/8 | €620 | €462 | -€158 | -25.5% |
| Gross operating margin | 9900 | €131,033 | €116,268 | -€14,765 | -11.3% |
| Operating profit (loss) | 9901 | €121,719 | €104,118 | -€17,601 | -14.5% |
| Financial income | 75/76B | €2,659 | €2,674 | +€15 | +0.6% |
| Recurring financial income | 75 | €2,659 | €2,674 | +€15 | +0.6% |
| Financial charges | 65/66B | €1,452 | -€85 | -€1,537 | |
| Recurring financial charges | 65 | €1,452 | -€85 | -€1,537 | |
| Profit (loss) for the period before taxes | 9903 | €122,925 | €106,876 | -€16,049 | -13.1% |
| Income taxes | 67/77 | €27,860 | €23,676 | -€4,184 | -15.0% |
| Profit (loss) for the period | 9904 | €95,065 | €83,200 | -€11,865 | -12.5% |
| Transfer to tax-exempt reserves | 689 | €2,560 | €1,479 | -€1,081 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €92,505 | €81,721 | -€10,784 | -11.7% |
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 20 October 2026 via checked.be.