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Nitor Audio: 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.

What changed

Nitor Audio

BE 0741.569.552
NACE 77.229, Renting and leasing of other personal and household goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€665
2024 · €18,807-€18,142
Equity
€2,500
2024 · €15,810-€13,310
Cash
€9,208
2024 · €3,448+€5,760
Balance sheet total
€145,432
2024 · €163,849-€18,417

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€18,709

    down €18,709 (-13.3%), from €141,037 to €122,327

    of which Leasing and similar rights: -€14,894

  • Cash +€5,760

    up €5,760 (+167.1%), from €3,448 to €9,208

    mainly Depreciation (+€43,108) and Receivables within one year (+€5,594)

  • Receivables within one year -€5,594

    down €5,594 (-34.9%), from €16,006 to €10,412

Equity and liabilities
  • Debts after one year -€14,067

    down €14,067 (-43.0%), from €32,695 to €18,627

  • Profit (loss) carried forward -€13,310

    no longer reported in 2025 (was €13,310)

  • Other debts +€5,011

    up €5,011 (+5.3%), from €95,427 to €100,438

  • Tax, wage and social debts +€4,694

    up €4,694 (+635.8%), from €738 to €5,432

Income statement
  • Gross operating margin -€11,519

    down €11,519 (-19.8%), from €58,077 to €46,558

  • Depreciation +€6,448

    up €6,448 (+17.6%), from €36,661 to €43,108

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €18,807
Gross operating margin -€11,519
Depreciation -€6,448
Other operating charges +€434
Financial income -€103
Financial charges -€507
Result 2025 €665

Cash bridge derived

cash 2024 to 2025

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.

From operations +€57,791
Investment -€24,399
Financing -€27,632
Cash 2024 €3,448
Net result for the year +€665
Depreciation +€43,108
Receivables within one year +€5,594
Deferred charges and accrued income -€126
Trade debts -€1,155
Tax, wage and social debts +€4,694
Other debts +€5,011
Investment in fixed assets (net) -€24,399
Debts after one year -€14,067
Current portion of long-term debt +€410
Contributions, distributions and other -€13,975
Cash 2025 €9,208
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €163,849 €145,432 -€18,417 -11.2%
Fixed assets 21/28 €141,037 €122,327 -€18,709 -13.3%
Tangible fixed assets 22/27 €141,037 €122,327 -€18,709 -13.3%
Plant, machinery and equipment 23 €86,220 €82,404 -€3,815 -4.4%
Leasing and similar rights 25 €54,817 €39,923 -€14,894 -27.2%
Current assets 29/58 €22,813 €23,105 +€292 +1.3%
Amounts receivable within one year 40/41 €16,006 €10,412 -€5,594 -34.9%
Trade receivables 40 €16,006 €10,412 -€5,594 -34.9%
Cash at bank and in hand 54/58 €3,448 €9,208 +€5,760 +167.1%
Deferred charges and accrued income 490/1 €3,358 €3,484 +€126 +3.8%
Total equity and liabilities 10/49 €163,849 €145,432 -€18,417 -11.2%
Equity 10/15 €15,810 €2,500 -€13,310 -84.2%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €13,310 - -€13,310
Amounts payable 17/49 €148,039 €142,932 -€5,107 -3.4%
Amounts payable after more than one year 17 €32,695 €18,627 -€14,067 -43.0%
Financial debts 170/4 €32,695 €18,627 -€14,067 -43.0%
Amounts payable within one year 42/48 €115,345 €124,305 +€8,960 +7.8%
Current portion of amounts payable after more than one year 42 €13,143 €13,553 +€410 +3.1%
Trade debts 44 €6,036 €4,881 -€1,155 -19.1%
Suppliers 440/4 €6,036 €4,881 -€1,155 -19.1%
Taxes, remuneration and social security 45 €738 €5,432 +€4,694 +635.8%
Taxes 450/3 €738 €5,432 +€4,694 +635.8%
Other amounts payable 47/48 €95,427 €100,438 +€5,011 +5.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €36,661 €43,108 +€6,448 +17.6%
Other operating charges 640/8 €1,801 €1,368 -€434 -24.1%
Gross operating margin 9900 €58,077 €46,558 -€11,519 -19.8%
Operating profit (loss) 9901 €19,615 €2,082 -€17,533 -89.4%
Financial income 75/76B €103 €0 -€103 -99.9%
Recurring financial income 75 €103 €0 -€103 -99.9%
Financial charges 65/66B €911 €1,417 +€507 +55.6%
Recurring financial charges 65 €911 €1,417 +€507 +55.6%
Profit (loss) for the period before taxes 9903 €18,807 €665 -€18,142 -96.5%
Profit (loss) for the period 9904 €18,807 €665 -€18,142 -96.5%
Profit (loss) for the period to be appropriated 9905 €18,807 €665 -€18,142 -96.5%

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 30 September 2026 via checked.be.