NITRAMIMMO: 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.
NITRAMIMMO
Largest movements
- Tangible fixed assets -€30,844
down €30,844 (-3.0%), from €1.0m to €980,731
- Receivables within one year -€25,656
down €25,656 (-6.0%), from €425,205 to €399,549
of which Other amounts receivable: -€25,561
- Cash -€22,765
down €22,765 (-50.4%), from €45,179 to €22,414
mainly Debts after one year (-€98,477) and Investment in fixed assets (net) (-€67,355)
- Debts after one year -€98,477
down €98,477 (-20.1%), from €489,795 to €391,318
- Current portion of long-term debt -€42,358
down €42,358 (-30.1%), from €140,835 to €98,477
- Reserves +€42,100
up €42,100 (+40.9%), from €103,030 to €145,130
of which Tax-exempt reserves: +€42,100
- Trade debts +€31,526
up €31,526 (+801.7%), from €3,932 to €35,458
- Other debts -€19,041
down €19,041 (-100.0%), from €19,041 to €0
- Gross operating margin -€118,204
down €118,204 (-36.8%), from €321,455 to €203,252
- Taxes -€22,388
down €22,388 (-48.1%), from €46,518 to €24,130
- Financial charges -€8,657
down €8,657 (-27.5%), from €31,468 to €22,811
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 | €1,483,556 | €1,407,648 | -€75,908 | -5.1% |
| Fixed assets | 21/28 | €1,011,575 | €980,731 | -€30,844 | -3.0% |
| Tangible fixed assets | 22/27 | €1,011,575 | €980,731 | -€30,844 | -3.0% |
| Land and buildings | 22 | €1,011,575 | €980,731 | -€30,844 | -3.0% |
| Current assets | 29/58 | €471,981 | €426,917 | -€45,064 | -9.5% |
| Amounts receivable within one year | 40/41 | €425,205 | €399,549 | -€25,656 | -6.0% |
| Trade receivables | 40 | €95 | €0 | -€95 | -100.0% |
| Other amounts receivable | 41 | €425,110 | €399,549 | -€25,561 | -6.0% |
| Cash at bank and in hand | 54/58 | €45,179 | €22,414 | -€22,765 | -50.4% |
| Deferred charges and accrued income | 490/1 | €1,597 | €4,954 | +€3,357 | +210.2% |
| Total equity and liabilities | 10/49 | €1,483,556 | €1,407,648 | -€75,908 | -5.1% |
| Equity | 10/15 | €826,453 | €882,395 | +€55,942 | +6.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €103,030 | €145,130 | +€42,100 | +40.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €96,830 | €138,930 | +€42,100 | +43.5% |
| Profit (loss) carried forward | 14 | €661,423 | €675,265 | +€13,842 | +2.1% |
| Amounts payable | 17/49 | €657,103 | €525,253 | -€131,850 | -20.1% |
| Amounts payable after more than one year | 17 | €489,795 | €391,318 | -€98,477 | -20.1% |
| Financial debts | 170/4 | €489,795 | €391,318 | -€98,477 | -20.1% |
| Amounts payable within one year | 42/48 | €167,309 | €133,935 | -€33,374 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €140,835 | €98,477 | -€42,358 | -30.1% |
| Trade debts | 44 | €3,932 | €35,458 | +€31,526 | +801.7% |
| Suppliers | 440/4 | €3,932 | €35,458 | +€31,526 | +801.7% |
| Taxes, remuneration and social security | 45 | €3,500 | €0 | -€3,500 | -100.0% |
| Taxes | 450/3 | €3,500 | €0 | -€3,500 | -100.0% |
| Other amounts payable | 47/48 | €19,041 | €0 | -€19,041 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,661 | €98,199 | +€538 | +0.6% |
| Other operating charges | 640/8 | €9,237 | €9,527 | +€290 | +3.1% |
| Gross operating margin | 9900 | €321,455 | €203,252 | -€118,204 | -36.8% |
| Operating profit (loss) | 9901 | €214,558 | €95,526 | -€119,033 | -55.5% |
| Financial income | 75/76B | €5,568 | €7,358 | +€1,790 | +32.1% |
| Recurring financial income | 75 | €5,568 | €7,358 | +€1,790 | +32.1% |
| Financial charges | 65/66B | €31,468 | €22,811 | -€8,657 | -27.5% |
| Recurring financial charges | 65 | €31,468 | €22,811 | -€8,657 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €188,658 | €80,072 | -€108,586 | -57.6% |
| Income taxes | 67/77 | €46,518 | €24,130 | -€22,388 | -48.1% |
| Profit (loss) for the period | 9904 | €142,140 | €55,942 | -€86,198 | -60.6% |
| Transfer to tax-exempt reserves | 689 | €54,730 | €42,100 | -€12,630 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,410 | €13,842 | -€73,568 | -84.2% |
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.