NITRO BEVERAGES Co.: 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.
NITRO BEVERAGES Co.
Largest movements
- Receivables within one year +€65,782
up €65,782 (+545%), from €12,072 to €77,855
of which Trade receivables: +€42,013
- Cash -€53,232
down €53,232 (-53.7%), from €99,042 to €45,810
mainly Receivables within one year (-€65,782) and Deferred charges and accrued income (-€36,917)
- Deferred charges and accrued income +€36,917
up €36,917 (+2,190%), from €1,686 to €38,602
- Intangible fixed assets -€8,357
down €8,357 (-5.5%), from €151,115 to €142,758
- Reserves +€64,452
up €64,452 (+106%), from €60,624 to €125,076
- Trade debts +€36,423
up €36,423 (+106%), from €34,522 to €70,945
- Current portion of long-term debt -€30,569
down €30,569 (-39.2%), from €78,000 to €47,431
- Debts after one year -€19,500
down €19,500 (-50.0%), from €39,000 to €19,500
- Tax, wage and social debts -€18,976
down €18,976 (-41.4%), from €45,864 to €26,888
- Gross operating margin -€94,531
down €94,531 (-34.4%), from €275,191 to €180,660
- Other operating charges -€69,574
down €69,574 (-52.8%), from €131,772 to €62,199
- Depreciation -€16,027
down €16,027 (-36.5%), from €43,885 to €27,857
- Taxes -€9,679
down €9,679 (-34.2%), from €28,291 to €18,612
- Financial charges -€3,080
down €3,080 (-29.0%), from €10,621 to €7,541
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 | €268,675 | €309,785 | +€41,110 | +15.3% |
| Fixed assets | 21/28 | €155,875 | €147,518 | -€8,357 | -5.4% |
| Intangible fixed assets | 21 | €151,115 | €142,758 | -€8,357 | -5.5% |
| Financial fixed assets | 28 | €4,760 | €4,760 | = | 0.0% |
| Current assets | 29/58 | €112,800 | €162,267 | +€49,467 | +43.9% |
| Amounts receivable within one year | 40/41 | €12,072 | €77,855 | +€65,782 | +545% |
| Trade receivables | 40 | €3,400 | €45,413 | +€42,013 | +1,236% |
| Other amounts receivable | 41 | €8,672 | €32,442 | +€23,770 | +274% |
| Cash at bank and in hand | 54/58 | €99,042 | €45,810 | -€53,232 | -53.7% |
| Deferred charges and accrued income | 490/1 | €1,686 | €38,602 | +€36,917 | +2,190% |
| Total equity and liabilities | 10/49 | €268,675 | €309,785 | +€41,110 | +15.3% |
| Equity | 10/15 | €63,624 | €128,076 | +€64,452 | +101% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €60,624 | €125,076 | +€64,452 | +106% |
| Non-distributable reserves | 130/1 | €60,624 | €125,076 | +€64,452 | +106% |
| Other | 1319 | €60,624 | €125,076 | +€64,452 | +106% |
| Amounts payable | 17/49 | €205,051 | €181,710 | -€23,342 | -11.4% |
| Amounts payable after more than one year | 17 | €39,000 | €19,500 | -€19,500 | -50.0% |
| Financial debts | 170/4 | €39,000 | €19,500 | -€19,500 | -50.0% |
| Amounts payable within one year | 42/48 | €166,051 | €162,210 | -€3,842 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €78,000 | €47,431 | -€30,569 | -39.2% |
| Trade debts | 44 | €34,522 | €70,945 | +€36,423 | +106% |
| Suppliers | 440/4 | €34,522 | €70,945 | +€36,423 | +106% |
| Taxes, remuneration and social security | 45 | €45,864 | €26,888 | -€18,976 | -41.4% |
| Taxes | 450/3 | €45,864 | €26,888 | -€18,976 | -41.4% |
| Other amounts payable | 47/48 | €7,665 | €16,945 | +€9,280 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,885 | €27,857 | -€16,027 | -36.5% |
| Other operating charges | 640/8 | €131,772 | €62,199 | -€69,574 | -52.8% |
| Gross operating margin | 9900 | €275,191 | €180,660 | -€94,531 | -34.4% |
| Operating profit (loss) | 9901 | €99,534 | €90,605 | -€8,930 | -9.0% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €10,621 | €7,541 | -€3,080 | -29.0% |
| Recurring financial charges | 65 | €10,621 | €7,541 | -€3,080 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €88,915 | €83,064 | -€5,851 | -6.6% |
| Income taxes | 67/77 | €28,291 | €18,612 | -€9,679 | -34.2% |
| Profit (loss) for the period | 9904 | €60,624 | €64,452 | +€3,828 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,624 | €64,452 | +€3,828 | +6.3% |
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 20 October 2026 via checked.be.