NITRAMOTORS: 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.
NITRAMOTORS
Largest movements
- Cash +€46,877
up €46,877 (+85.4%), from €54,882 to €101,759
mainly Net result for the year (+€44,058) and Trade debts (+€7,741)
- Receivables within one year +€8,584
up €8,584 (+1.7%), from €510,511 to €519,095
of which Other amounts receivable: +€6,686
- Profit (loss) carried forward +€23,008
up €23,008 (+4.7%), from €487,999 to €511,007
- Reserves +€21,050
up €21,050 (+26.6%), from €79,150 to €100,200
of which Distributable reserves: +€21,050
- Gross operating margin -€16,237
down €16,237 (-18.7%), from €86,650 to €70,414
- Depreciation -€5,177
down €5,177 (-75.7%), from €6,841 to €1,664
- Taxes +€2,265
up €2,265 (+11.5%), from €19,646 to €21,910
- Other operating charges +€1,493
up €1,493 (+15.7%), from €9,521 to €11,013
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 | €733,064 | €786,142 | +€53,078 | +7.2% |
| Fixed assets | 21/28 | €157,425 | €155,761 | -€1,664 | -1.1% |
| Tangible fixed assets | 22/27 | €157,425 | €155,761 | -€1,664 | -1.1% |
| Land and buildings | 22 | €154,686 | €154,686 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,739 | €1,075 | -€1,664 | -60.8% |
| Current assets | 29/58 | €575,639 | €630,381 | +€54,742 | +9.5% |
| Amounts receivable within one year | 40/41 | €510,511 | €519,095 | +€8,584 | +1.7% |
| Trade receivables | 40 | €181 | €2,078 | +€1,897 | +1049.3% |
| Other amounts receivable | 41 | €510,330 | €517,016 | +€6,686 | +1.3% |
| Cash at bank and in hand | 54/58 | €54,882 | €101,759 | +€46,877 | +85.4% |
| Deferred charges and accrued income | 490/1 | €10,246 | €9,527 | -€719 | -7.0% |
| Total equity and liabilities | 10/49 | €733,064 | €786,142 | +€53,078 | +7.2% |
| Equity | 10/15 | €727,149 | €771,207 | +€44,058 | +6.1% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €79,150 | €100,200 | +€21,050 | +26.6% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | - | €21,050 | +€21,050 | |
| Profit (loss) carried forward | 14 | €487,999 | €511,007 | +€23,008 | +4.7% |
| Amounts payable | 17/49 | €5,915 | €14,935 | +€9,021 | +152.5% |
| Amounts payable within one year | 42/48 | €5,615 | €14,635 | +€9,021 | +160.7% |
| Trade debts | 44 | €4,965 | €12,706 | +€7,741 | +155.9% |
| Suppliers | 440/4 | €4,965 | €12,706 | +€7,741 | +155.9% |
| Taxes, remuneration and social security | 45 | €650 | €1,929 | +€1,279 | +196.8% |
| Taxes | 450/3 | €650 | €1,929 | +€1,279 | +196.8% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,841 | €1,664 | -€5,177 | -75.7% |
| Other operating charges | 640/8 | €9,521 | €11,013 | +€1,493 | +15.7% |
| Gross operating margin | 9900 | €86,650 | €70,414 | -€16,237 | -18.7% |
| Operating profit (loss) | 9901 | €70,289 | €57,736 | -€12,553 | -17.9% |
| Financial income | 75/76B | €7,695 | €8,262 | +€567 | +7.4% |
| Recurring financial income | 75 | €7,695 | €8,262 | +€567 | +7.4% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €77,956 | €65,968 | -€11,988 | -15.4% |
| Income taxes | 67/77 | €19,646 | €21,910 | +€2,265 | +11.5% |
| Profit (loss) for the period | 9904 | €58,310 | €44,058 | -€14,252 | -24.4% |
| Transfer from tax-exempt reserves | 789 | - | €21,050 | +€21,050 | |
| Transfer to tax-exempt reserves | 689 | €21,050 | €21,050 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,260 | €44,058 | +€6,798 | +18.2% |
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 12 October 2026 via checked.be.