NITRAMCAR: 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.
NITRAMCAR
Largest movements
- Receivables within one year -€92,460
down €92,460 (-41.4%), from €223,250 to €130,790
of which Trade receivables: -€127,471
- Cash +€35,471
up €35,471 (+74.1%), from €47,894 to €83,365
mainly Receivables within one year (+€92,460) and Provisions (+€4,827)
- Tax, wage and social debts -€35,827
down €35,827 (-72.1%), from €49,697 to €13,870
- Profit (loss) carried forward -€22,196
down €22,196, from €670 to -€21,526
- Other debts -€5,272
down €5,272 (-4.2%), from €126,901 to €121,629
- Provisions +€4,827
up €4,827 (+4.3%), from €113,484 to €118,311
- Gross operating margin -€45,978
down €45,978 (-25.7%), from €179,025 to €133,047
- Financial charges +€41,917
up €41,917 (+40.2%), from €104,283 to €146,200
- Taxes -€14,985
down €14,985, from €14,974 to -€10
- Provisions +€10,761
up €10,761, from -€5,935 to €4,827
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 | €292,457 | €234,614 | -€57,843 | -19.8% |
| Fixed assets | 21/28 | €21,312 | €20,460 | -€853 | -4.0% |
| Tangible fixed assets | 22/27 | €21,312 | €20,460 | -€853 | -4.0% |
| Furniture and vehicles | 24 | €11,454 | €10,601 | -€853 | -7.4% |
| Other tangible fixed assets | 26 | €9,858 | €9,858 | = | 0.0% |
| Current assets | 29/58 | €271,144 | €214,154 | -€56,990 | -21.0% |
| Amounts receivable within one year | 40/41 | €223,250 | €130,790 | -€92,460 | -41.4% |
| Trade receivables | 40 | €158,250 | €30,779 | -€127,471 | -80.6% |
| Other amounts receivable | 41 | €65,000 | €100,010 | +€35,010 | +53.9% |
| Cash at bank and in hand | 54/58 | €47,894 | €83,365 | +€35,471 | +74.1% |
| Total equity and liabilities | 10/49 | €292,457 | €234,614 | -€57,843 | -19.8% |
| Equity | 10/15 | €2,170 | -€20,026 | -€22,196 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €670 | -€21,526 | -€22,196 | |
| Provisions and deferred taxes | 16 | €113,484 | €118,311 | +€4,827 | +4.3% |
| Provisions for liabilities and charges | 160/5 | €113,484 | €118,311 | +€4,827 | +4.3% |
| Other liabilities and charges | 164/5 | €113,484 | €118,311 | +€4,827 | +4.3% |
| Amounts payable | 17/49 | €176,802 | €136,329 | -€40,473 | -22.9% |
| Amounts payable within one year | 42/48 | €176,802 | €136,329 | -€40,473 | -22.9% |
| Trade debts | 44 | €204 | €830 | +€626 | +307.1% |
| Suppliers | 440/4 | €204 | €830 | +€626 | +307.1% |
| Taxes, remuneration and social security | 45 | €49,697 | €13,870 | -€35,827 | -72.1% |
| Taxes | 450/3 | €49,697 | €13,870 | -€35,827 | -72.1% |
| Other amounts payable | 47/48 | €126,901 | €121,629 | -€5,272 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,543 | €3,536 | -€8 | -0.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,935 | €4,827 | +€10,761 | |
| Other operating charges | 640/8 | €469 | €691 | +€223 | +47.6% |
| Gross operating margin | 9900 | €179,025 | €133,047 | -€45,978 | -25.7% |
| Operating profit (loss) | 9901 | €180,948 | €123,993 | -€56,955 | -31.5% |
| Financial income | 75/76B | €57 | €0 | -€57 | -100.0% |
| Recurring financial income | 75 | €57 | €0 | -€57 | -100.0% |
| Financial charges | 65/66B | €104,283 | €146,200 | +€41,917 | +40.2% |
| Recurring financial charges | 65 | €104,283 | €146,200 | +€41,917 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €76,723 | -€22,206 | -€98,929 | |
| Income taxes | 67/77 | €14,974 | -€10 | -€14,985 | |
| Profit (loss) for the period | 9904 | €61,748 | -€22,196 | -€83,944 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,748 | -€22,196 | -€83,944 |
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 10 October 2026 via checked.be.