NITRONEXION: 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.
NITRONEXION
Largest movements
- Tangible fixed assets -€10,789
down €10,789 (-34.3%), from €31,446 to €20,657
of which Furniture and vehicles: -€7,915
- Debts after one year -€7,410
down €7,410 (-79.5%), from €9,316 to €1,906
- Short-term financial debts -€5,865
down €5,865 (-8.8%), from €66,937 to €61,072
- Tax, wage and social debts +€1,548
up €1,548 (+7.6%), from €20,391 to €21,938
of which Taxes: +€5,096
- Taxes -€7,302
down €7,302 (-92.7%), from €7,876 to €574
- Gross operating margin +€5,716
up €5,716 (+13.5%), from €42,436 to €48,152
- Financial charges +€3,937
up €3,937 (+59.5%), from €6,614 to €10,551
of which Non-recurring financial charges: +€3,275
- Depreciation +€2,559
up €2,559 (+26.1%), from €9,823 to €12,382
- Other operating charges -€1,181
down €1,181 (-21.9%), from €5,397 to €4,216
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,461 | €137,371 | -€11,090 | -7.5% |
| Fixed assets | 21/28 | €31,446 | €20,657 | -€10,789 | -34.3% |
| Tangible fixed assets | 22/27 | €31,446 | €20,657 | -€10,789 | -34.3% |
| Land and buildings | 22 | €12,983 | €9,456 | -€3,527 | -27.2% |
| Plant, machinery and equipment | 23 | €725 | €1,378 | +€653 | +90.1% |
| Furniture and vehicles | 24 | €17,737 | €9,823 | -€7,915 | -44.6% |
| Current assets | 29/58 | €117,015 | €116,713 | -€301 | -0.3% |
| Stocks and contracts in progress | 3 | €1,315 | €657 | -€657 | -50.0% |
| Stocks | 30/36 | €1,315 | €657 | -€657 | -50.0% |
| Amounts receivable within one year | 40/41 | €112,053 | €112,409 | +€356 | +0.3% |
| Trade receivables | 40 | €41,568 | €41,772 | +€204 | +0.5% |
| Other amounts receivable | 41 | €70,485 | €70,637 | +€152 | +0.2% |
| Current investments | 50/53 | €22 | €22 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €3,625 | €3,625 | = | 0.0% |
| Total equity and liabilities | 10/49 | €148,461 | €137,371 | -€11,090 | -7.5% |
| Equity | 10/15 | €44,161 | €45,044 | +€883 | +2.0% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Capital | 10 | €85,000 | €85,000 | = | 0.0% |
| Issued capital | 100 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Legal reserve | 130 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,989 | -€40,106 | +€883 | +2.2% |
| Amounts payable | 17/49 | €104,300 | €92,326 | -€11,973 | -11.5% |
| Amounts payable after more than one year | 17 | €9,316 | €1,906 | -€7,410 | -79.5% |
| Financial debts | 170/4 | €9,316 | €1,906 | -€7,410 | -79.5% |
| Amounts payable within one year | 42/48 | €94,984 | €90,421 | -€4,563 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €7,657 | €7,410 | -€247 | -3.2% |
| Financial debts | 43 | €66,937 | €61,072 | -€5,865 | -8.8% |
| Credit institutions | 430/8 | €66,937 | €61,072 | -€5,865 | -8.8% |
| Taxes, remuneration and social security | 45 | €20,391 | €21,938 | +€1,548 | +7.6% |
| Taxes | 450/3 | €16,842 | €21,938 | +€5,096 | +30.3% |
| Remuneration and social security | 454/9 | €3,548 | - | -€3,548 | |
| Remuneration, social security and pensions | 62 | €24,324 | €23,758 | -€566 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,823 | €12,382 | +€2,559 | +26.1% |
| Other operating charges | 640/8 | €5,397 | €4,216 | -€1,181 | -21.9% |
| Gross operating margin | 9900 | €42,436 | €48,152 | +€5,716 | +13.5% |
| Operating profit (loss) | 9901 | €2,892 | €7,796 | +€4,903 | +169.5% |
| Financial income | 75/76B | €3,434 | €4,213 | +€779 | +22.7% |
| Recurring financial income | 75 | €3,434 | €4,213 | +€779 | +22.7% |
| Financial charges | 65/66B | €6,614 | €10,551 | +€3,937 | +59.5% |
| Recurring financial charges | 65 | €6,614 | €7,276 | +€662 | +10.0% |
| Non-recurring financial charges | 66B | - | €3,275 | +€3,275 | |
| Profit (loss) for the period before taxes | 9903 | -€287 | €1,458 | +€1,745 | |
| Income taxes | 67/77 | €7,876 | €574 | -€7,302 | -92.7% |
| Profit (loss) for the period | 9904 | -€8,163 | €883 | +€9,047 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,163 | €883 | +€9,047 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.