Nitor.be: 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.
Nitor.be
Largest movements
- Receivables within one year +€36,774
up €36,774 (+115.8%), from €31,756 to €68,529
of which Other amounts receivable: +€30,355
- Cash -€11,100
down €11,100 (-100.0%), from €11,100 to €0
mainly Receivables within one year (-€36,774) and Advances received (-€25,000)
- Tangible fixed assets -€6,508
down €6,508 (-34.4%), from €18,896 to €12,389
- Intangible fixed assets -€5,800
down €5,800 (-18.9%), from €30,692 to €24,892
- Deferred charges and accrued income +€5,676
up €5,676 (+61.6%), from €9,220 to €14,896
- Contributions +€40,000
up €40,000 (+400.0%), from €10,000 to €50,000
- Tax, wage and social debts +€27,819
up €27,819 (+77.4%), from €35,942 to €63,761
of which Remuneration and social security: +€16,501
- Advances received -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Other debts -€17,223
down €17,223 (-100.0%), from €17,223 to €0
- Trade debts -€11,247
down €11,247 (-38.1%), from €29,503 to €18,257
- Staff costs +€56,411
up €56,411 (+34.4%), from €163,983 to €220,393
- Gross operating margin +€40,869
up €40,869 (+20.0%), from €204,428 to €245,297
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 | €105,648 | €124,690 | +€19,042 | +18.0% |
| Fixed assets | 21/28 | €53,573 | €41,265 | -€12,308 | -23.0% |
| Intangible fixed assets | 21 | €30,692 | €24,892 | -€5,800 | -18.9% |
| Tangible fixed assets | 22/27 | €18,896 | €12,389 | -€6,508 | -34.4% |
| Furniture and vehicles | 24 | €18,896 | €12,389 | -€6,508 | -34.4% |
| Financial fixed assets | 28 | €3,985 | €3,985 | = | 0.0% |
| Current assets | 29/58 | €52,075 | €83,425 | +€31,350 | +60.2% |
| Amounts receivable within one year | 40/41 | €31,756 | €68,529 | +€36,774 | +115.8% |
| Trade receivables | 40 | €27,872 | €34,290 | +€6,419 | +23.0% |
| Other amounts receivable | 41 | €3,884 | €34,239 | +€30,355 | +781.5% |
| Cash at bank and in hand | 54/58 | €11,100 | €0 | -€11,100 | -100.0% |
| Deferred charges and accrued income | 490/1 | €9,220 | €14,896 | +€5,676 | +61.6% |
| Total equity and liabilities | 10/49 | €105,648 | €124,690 | +€19,042 | +18.0% |
| Equity | 10/15 | -€7,448 | €35,042 | +€42,490 | |
| Contributions | 10/11 | €10,000 | €50,000 | +€40,000 | +400.0% |
| Profit (loss) carried forward | 14 | -€17,448 | -€14,958 | +€2,490 | +14.3% |
| Amounts payable | 17/49 | €113,096 | €89,648 | -€23,448 | -20.7% |
| Amounts payable after more than one year | 17 | €2,382 | €0 | -€2,382 | -100.0% |
| Financial debts | 170/4 | €2,382 | €0 | -€2,382 | -100.0% |
| Amounts payable within one year | 42/48 | €110,420 | €85,033 | -€25,387 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €2,753 | €2,382 | -€371 | -13.5% |
| Financial debts | 43 | €0 | €633 | +€633 | |
| Credit institutions | 430/8 | €0 | €633 | +€633 | |
| Trade debts | 44 | €29,503 | €18,257 | -€11,247 | -38.1% |
| Suppliers | 440/4 | €29,503 | €18,257 | -€11,247 | -38.1% |
| Advances received on contracts in progress | 46 | €25,000 | €0 | -€25,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €35,942 | €63,761 | +€27,819 | +77.4% |
| Taxes | 450/3 | €7,817 | €19,136 | +€11,319 | +144.8% |
| Remuneration and social security | 454/9 | €28,125 | €44,625 | +€16,501 | +58.7% |
| Other amounts payable | 47/48 | €17,223 | €0 | -€17,223 | -100.0% |
| Accrued charges and deferred income | 492/3 | €294 | €4,615 | +€4,321 | +1470.9% |
| Non-recurring operating income | 76A | - | €11,587 | +€11,587 | |
| Remuneration, social security and pensions | 62 | €163,983 | €220,393 | +€56,411 | +34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,903 | €13,487 | -€417 | -3.0% |
| Other operating charges | 640/8 | €3,214 | €1,307 | -€1,908 | -59.3% |
| Gross operating margin | 9900 | €204,428 | €245,297 | +€40,869 | +20.0% |
| Operating profit (loss) | 9901 | €23,328 | €10,111 | -€13,218 | -56.7% |
| Financial income | 75/76B | €102 | €608 | +€506 | +497.4% |
| Recurring financial income | 75 | €102 | €608 | +€506 | +497.4% |
| Financial charges | 65/66B | €2,046 | €2,102 | +€56 | +2.7% |
| Recurring financial charges | 65 | €2,046 | €2,102 | +€56 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €21,385 | €8,617 | -€12,768 | -59.7% |
| Income taxes | 67/77 | €5,853 | €6,127 | +€274 | +4.7% |
| Profit (loss) for the period | 9904 | €15,532 | €2,490 | -€13,042 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,532 | €2,490 | -€13,042 | -84.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.