NITRONIX: 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.
NITRONIX
Largest movements
- Tangible fixed assets +€239,174
up €239,174 (+38.1%), from €627,523 to €866,697
of which Land and buildings: +€234,013
- Receivables within one year -€137,461
down €137,461 (-84.3%), from €163,083 to €25,622
of which Trade receivables: -€133,690
- Cash -€17,639
down €17,639 (-88.2%), from €20,004 to €2,364
mainly Investment in fixed assets (net) (-€319,310) and Debts after one year (-€50,334)
- Reserves +€97,129
up €97,129 (+48.5%), from €200,333 to €297,462
of which Distributable reserves: +€97,129
- Debts after one year -€50,334
down €50,334 (-15.2%), from €331,182 to €280,848
- Other debts +€36,697
up €36,697 (+21.9%), from €167,266 to €203,963
- Trade debts -€24,718
down €24,718 (-69.8%), from €35,419 to €10,702
- Accrued charges and deferred income +€15,023
up €15,023 (+464%), from €3,239 to €18,261
- Gross operating margin +€70,616
up €70,616 (+41.5%), from €170,361 to €240,977
- Depreciation +€17,371
up €17,371 (+27.7%), from €62,765 to €80,136
- Financial charges +€15,278
up €15,278 (+80.8%), from €18,901 to €34,179
- Taxes +€10,045
up €10,045 (+37.7%), from €26,661 to €36,706
- Other operating charges +€6,547
up €6,547 (+83.7%), from €7,821 to €14,368
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 | €813,239 | €898,395 | +€85,156 | +10.5% |
| Fixed assets | 21/28 | €627,823 | €866,997 | +€239,174 | +38.1% |
| Tangible fixed assets | 22/27 | €627,523 | €866,697 | +€239,174 | +38.1% |
| Land and buildings | 22 | €606,919 | €840,933 | +€234,013 | +38.6% |
| Plant, machinery and equipment | 23 | €15,617 | €21,531 | +€5,914 | +37.9% |
| Furniture and vehicles | 24 | €340 | €82 | -€258 | -75.9% |
| Other tangible fixed assets | 26 | €4,647 | €4,152 | -€495 | -10.7% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €185,416 | €31,398 | -€154,018 | -83.1% |
| Amounts receivable within one year | 40/41 | €163,083 | €25,622 | -€137,461 | -84.3% |
| Trade receivables | 40 | €158,966 | €25,276 | -€133,690 | -84.1% |
| Other amounts receivable | 41 | €4,117 | €346 | -€3,771 | -91.6% |
| Cash at bank and in hand | 54/58 | €20,004 | €2,364 | -€17,639 | -88.2% |
| Deferred charges and accrued income | 490/1 | €2,329 | €3,412 | +€1,083 | +46.5% |
| Total equity and liabilities | 10/49 | €813,239 | €898,395 | +€85,156 | +10.5% |
| Equity | 10/15 | €218,933 | €316,062 | +€97,129 | +44.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,333 | €297,462 | +€97,129 | +48.5% |
| Tax-exempt reserves | 132 | €16,214 | €16,214 | = | 0.0% |
| Distributable reserves | 133 | €184,119 | €281,247 | +€97,129 | +52.8% |
| Amounts payable | 17/49 | €594,306 | €582,333 | -€11,972 | -2.0% |
| Amounts payable after more than one year | 17 | €331,182 | €280,848 | -€50,334 | -15.2% |
| Financial debts | 170/4 | €331,182 | €280,848 | -€50,334 | -15.2% |
| Amounts payable within one year | 42/48 | €259,885 | €283,224 | +€23,339 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €30,253 | €30,983 | +€730 | +2.4% |
| Trade debts | 44 | €35,419 | €10,702 | -€24,718 | -69.8% |
| Suppliers | 440/4 | €35,419 | €10,702 | -€24,718 | -69.8% |
| Advances received on contracts in progress | 46 | €7,380 | €9,710 | +€2,330 | +31.6% |
| Taxes, remuneration and social security | 45 | €19,566 | €27,866 | +€8,300 | +42.4% |
| Taxes | 450/3 | €19,566 | €27,866 | +€8,300 | +42.4% |
| Other amounts payable | 47/48 | €167,266 | €203,963 | +€36,697 | +21.9% |
| Accrued charges and deferred income | 492/3 | €3,239 | €18,261 | +€15,023 | +464% |
| Non-recurring operating income | 76A | - | €137 | +€137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,765 | €80,136 | +€17,371 | +27.7% |
| Other operating charges | 640/8 | €7,821 | €14,368 | +€6,547 | +83.7% |
| Gross operating margin | 9900 | €170,361 | €240,977 | +€70,616 | +41.5% |
| Operating profit (loss) | 9901 | €99,775 | €146,473 | +€46,698 | +46.8% |
| Financial income | 75/76B | €187 | €14 | -€173 | -92.3% |
| Recurring financial income | 75 | €187 | €14 | -€173 | -92.3% |
| Financial charges | 65/66B | €18,901 | €34,179 | +€15,278 | +80.8% |
| Recurring financial charges | 65 | €18,901 | €34,179 | +€15,278 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €81,062 | €112,309 | +€31,247 | +38.5% |
| Income taxes | 67/77 | €26,661 | €36,706 | +€10,045 | +37.7% |
| Profit (loss) for the period | 9904 | €54,401 | €75,603 | +€21,202 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,401 | €75,603 | +€21,202 | +39.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.