NITRA ART: 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.
NITRA ART
Largest movements
- Stocks and contracts +€69,479
up €69,479 (+104%), from €67,005 to €136,484
of which Contracts in progress: +€48,854
- Tangible fixed assets +€8,141
up €8,141 (+3.5%), from €234,045 to €242,185
of which Land and buildings: +€11,337
- Advances received +€51,785
up €51,785 (+217%), from €23,855 to €75,640
- Other debts +€11,043
up €11,043 (+43.9%), from €25,143 to €36,186
- Current portion of long-term debt +€8,883
up €8,883 (+104%), from €8,575 to €17,458
- Trade debts +€7,352
up €7,352 (+73.2%), from €10,044 to €17,396
- Gross operating margin +€9,593
up €9,593 (+40.2%), from €23,866 to €33,458
- Financial charges +€7,855
up €7,855 (+262%), from €2,996 to €10,851
- Staff costs -€6,939
down €6,939, from €6,639 to -€300
- Taxes +€4,564
up €4,564 (+517%), from €882 to €5,447
- Depreciation +€4,070
up €4,070 (+54.3%), from €7,499 to €11,570
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 | €323,354 | €402,257 | +€78,903 | +24.4% |
| Fixed assets | 21/28 | €251,545 | €257,185 | +€5,641 | +2.2% |
| Intangible fixed assets | 21 | €17,500 | €15,000 | -€2,500 | -14.3% |
| Tangible fixed assets | 22/27 | €234,045 | €242,185 | +€8,141 | +3.5% |
| Land and buildings | 22 | €211,792 | €223,130 | +€11,337 | +5.4% |
| Plant, machinery and equipment | 23 | €20,143 | €17,313 | -€2,830 | -14.0% |
| Other tangible fixed assets | 26 | €2,110 | €1,743 | -€367 | -17.4% |
| Current assets | 29/58 | €71,809 | €145,072 | +€73,262 | +102% |
| Stocks and contracts in progress | 3 | €67,005 | €136,484 | +€69,479 | +104% |
| Stocks | 30/36 | €44,500 | €65,125 | +€20,625 | +46.3% |
| Contracts in progress | 37 | €22,505 | €71,359 | +€48,854 | +217% |
| Amounts receivable within one year | 40/41 | €55 | €3,115 | +€3,060 | +5,565% |
| Trade receivables | 40 | - | €3,060 | +€3,060 | |
| Other amounts receivable | 41 | €55 | €55 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,750 | €5,473 | +€723 | +15.2% |
| Total equity and liabilities | 10/49 | €323,354 | €402,257 | +€78,903 | +24.4% |
| Equity | 10/15 | €58,836 | €62,374 | +€3,538 | +6.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,836 | €57,374 | +€3,538 | +6.6% |
| Distributable reserves | 133 | €53,836 | €57,374 | +€3,538 | +6.6% |
| Amounts payable | 17/49 | €264,518 | €339,883 | +€75,365 | +28.5% |
| Amounts payable after more than one year | 17 | €189,995 | €187,906 | -€2,089 | -1.1% |
| Financial debts | 170/4 | €189,995 | €187,906 | -€2,089 | -1.1% |
| Amounts payable within one year | 42/48 | €74,523 | €151,977 | +€77,453 | +104% |
| Current portion of amounts payable after more than one year | 42 | €8,575 | €17,458 | +€8,883 | +104% |
| Trade debts | 44 | €10,044 | €17,396 | +€7,352 | +73.2% |
| Suppliers | 440/4 | €10,044 | €17,396 | +€7,352 | +73.2% |
| Advances received on contracts in progress | 46 | €23,855 | €75,640 | +€51,785 | +217% |
| Taxes, remuneration and social security | 45 | €6,907 | €5,296 | -€1,611 | -23.3% |
| Taxes | 450/3 | €6,907 | €3,496 | -€3,411 | -49.4% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €25,143 | €36,186 | +€11,043 | +43.9% |
| Remuneration, social security and pensions | 62 | €6,639 | -€300 | -€6,939 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,499 | €11,570 | +€4,070 | +54.3% |
| Other operating charges | 640/8 | €3,018 | €2,377 | -€641 | -21.3% |
| Gross operating margin | 9900 | €23,866 | €33,458 | +€9,593 | +40.2% |
| Operating profit (loss) | 9901 | €6,709 | €19,813 | +€13,103 | +195% |
| Financial income | 75/76B | €9 | €23 | +€14 | +147% |
| Recurring financial income | 75 | €9 | €23 | +€14 | +147% |
| Financial charges | 65/66B | €2,996 | €10,851 | +€7,855 | +262% |
| Recurring financial charges | 65 | €2,996 | €10,851 | +€7,855 | +262% |
| Profit (loss) for the period before taxes | 9903 | €3,723 | €8,985 | +€5,262 | +141% |
| Income taxes | 67/77 | €882 | €5,447 | +€4,564 | +517% |
| Profit (loss) for the period | 9904 | €2,841 | €3,538 | +€698 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,841 | €3,538 | +€698 | +24.6% |
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 24 October 2026 via checked.be.