NITRO COMPANY: 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 COMPANY
Largest movements
- Receivables within one year -€33,606
down €33,606 (-51.6%), from €65,133 to €31,527
of which Trade receivables: -€34,331
- Tangible fixed assets -€31,006
down €31,006 (-14.0%), from €220,687 to €189,681
of which Furniture and vehicles: -€23,383
- Cash -€11,011
down €11,011 (-39.9%), from €27,598 to €16,587
mainly Trade debts (-€52,969) and Debts after one year (-€27,835)
- Trade debts -€52,969
down €52,969 (-97.3%), from €54,432 to €1,463
- Debts after one year -€27,835
down €27,835 (-34.0%), from €81,895 to €54,060
- Profit (loss) carried forward +€16,567
up €16,567 (+21.1%), from -€78,553 to -€61,986
- Tax, wage and social debts -€8,755
down €8,755 (-91.8%), from €9,539 to €785
- Other debts -€3,930
down €3,930 (-6.1%), from €64,919 to €60,989
- Gross operating margin +€92,604
up €92,604, from -€36,962 to €55,642
- Write-downs -€15,082
down €15,082 (-100%), from €15,082 to €0
- Depreciation +€10,401
up €10,401 (+50.5%), from €20,605 to €31,006
- Financial income -€9,918
down €9,918 (-100.0%), from €9,920 to €2
of which Financial income: -€5,451
- Other operating charges -€7,731
down €7,731 (-77.3%), from €9,997 to €2,265
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 | €316,053 | €240,431 | -€75,622 | -23.9% |
| Fixed assets | 21/28 | €223,322 | €192,316 | -€31,006 | -13.9% |
| Tangible fixed assets | 22/27 | €220,687 | €189,681 | -€31,006 | -14.0% |
| Land and buildings | 22 | €124,057 | €116,434 | -€7,624 | -6.1% |
| Furniture and vehicles | 24 | €96,630 | €73,248 | -€23,383 | -24.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €2,635 | €2,635 | = | 0.0% |
| Current assets | 29/58 | €92,731 | €48,115 | -€44,616 | -48.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €65,133 | €31,527 | -€33,606 | -51.6% |
| Trade receivables | 40 | €65,133 | €30,802 | -€34,331 | -52.7% |
| Other amounts receivable | 41 | €0 | €725 | +€725 | |
| Cash at bank and in hand | 54/58 | €27,598 | €16,587 | -€11,011 | -39.9% |
| Total equity and liabilities | 10/49 | €316,053 | €240,431 | -€75,622 | -23.9% |
| Equity | 10/15 | €72,878 | €89,445 | +€16,567 | +22.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €51,431 | €51,431 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,026 | €1,026 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,026 | €1,026 | = | 0.0% |
| Distributable reserves | 133 | €50,405 | €50,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,553 | -€61,986 | +€16,567 | +21.1% |
| Amounts payable | 17/49 | €243,175 | €150,986 | -€92,189 | -37.9% |
| Amounts payable after more than one year | 17 | €81,895 | €54,060 | -€27,835 | -34.0% |
| Financial debts | 170/4 | €81,895 | €54,060 | -€27,835 | -34.0% |
| Amounts payable within one year | 42/48 | €161,280 | €96,926 | -€64,354 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €32,389 | €33,688 | +€1,299 | +4.0% |
| Trade debts | 44 | €54,432 | €1,463 | -€52,969 | -97.3% |
| Suppliers | 440/4 | €54,432 | €1,463 | -€52,969 | -97.3% |
| Taxes, remuneration and social security | 45 | €9,539 | €785 | -€8,755 | -91.8% |
| Taxes | 450/3 | €9,539 | €785 | -€8,755 | -91.8% |
| Other amounts payable | 47/48 | €64,919 | €60,989 | -€3,930 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,605 | €31,006 | +€10,401 | +50.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,082 | €0 | -€15,082 | -100% |
| Other operating charges | 640/8 | €9,997 | €2,265 | -€7,731 | -77.3% |
| Non-recurring operating charges | 66A | €522 | €0 | -€522 | -100% |
| Gross operating margin | 9900 | -€36,962 | €55,642 | +€92,604 | |
| Operating profit (loss) | 9901 | -€83,169 | €22,370 | +€105,539 | |
| Financial income | 75/76B | €9,920 | €2 | -€9,918 | -100.0% |
| Recurring financial income | 75 | €5,453 | €2 | -€5,451 | -100.0% |
| Non-recurring financial income | 76B | €4,467 | €0 | -€4,467 | -100% |
| Financial charges | 65/66B | €5,003 | €5,525 | +€522 | +10.4% |
| Recurring financial charges | 65 | €5,003 | €5,525 | +€522 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | -€78,252 | €16,847 | +€95,098 | |
| Income taxes | 67/77 | €301 | €280 | -€21 | -7.1% |
| Profit (loss) for the period | 9904 | -€78,553 | €16,567 | +€95,120 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,553 | €16,567 | +€95,120 |
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 1 November 2026 via checked.be.