Nittaya: 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.
Nittaya
Largest movements
- Intangible fixed assets -€15,500
down €15,500 (-25.0%), from €62,000 to €46,500
- Cash +€13,734
up €13,734 (+62.9%), from €21,818 to €35,553
mainly Trade debts (+€60,231) and Depreciation (+€22,196)
- Receivables within one year -€5,922
down €5,922 (-59.7%), from €9,924 to €4,001
- Tangible fixed assets -€2,896
down €2,896 (-21.9%), from €13,220 to €10,324
of which Furniture and vehicles: -€3,654
- Stocks and contracts +€1,327
up €1,327 (+17.7%), from €7,513 to €8,840
- Profit (loss) carried forward -€70,873
down €70,873 (-45.8%), from -€154,799 to -€225,672
- Trade debts +€60,231
up €60,231 (+71.6%), from €84,070 to €144,301
- Tax, wage and social debts +€19,406
up €19,406 (+71.4%), from €27,181 to €46,587
of which Remuneration and social security: +€19,721
- Other debts -€18,900
down €18,900 (-72.3%), from €26,155 to €7,255
- Current portion of long-term debt +€4,197
up €4,197 (+20.3%), from €20,722 to €24,919
- Gross operating margin -€43,055
down €43,055 (-8.9%), from €486,141 to €443,086
- Staff costs +€36,593
up €36,593 (+8.3%), from €441,526 to €478,119
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 | €115,287 | €106,030 | -€9,258 | -8.0% |
| Fixed assets | 21/28 | €76,032 | €57,636 | -€18,396 | -24.2% |
| Intangible fixed assets | 21 | €62,000 | €46,500 | -€15,500 | -25.0% |
| Tangible fixed assets | 22/27 | €13,220 | €10,324 | -€2,896 | -21.9% |
| Plant, machinery and equipment | 23 | €5,150 | €6,514 | +€1,364 | +26.5% |
| Furniture and vehicles | 24 | €7,464 | €3,811 | -€3,654 | -48.9% |
| Other tangible fixed assets | 26 | €607 | €0 | -€607 | -100.0% |
| Financial fixed assets | 28 | €812 | €812 | = | 0.0% |
| Current assets | 29/58 | €39,255 | €48,394 | +€9,138 | +23.3% |
| Stocks and contracts in progress | 3 | €7,513 | €8,840 | +€1,327 | +17.7% |
| Stocks | 30/36 | €7,513 | €8,840 | +€1,327 | +17.7% |
| Amounts receivable within one year | 40/41 | €9,924 | €4,001 | -€5,922 | -59.7% |
| Trade receivables | 40 | €9,924 | €4,001 | -€5,922 | -59.7% |
| Cash at bank and in hand | 54/58 | €21,818 | €35,553 | +€13,734 | +62.9% |
| Total equity and liabilities | 10/49 | €115,287 | €106,030 | -€9,258 | -8.0% |
| Equity | 10/15 | -€46,159 | -€117,032 | -€70,873 | -154% |
| Contributions | 10/11 | €63,275 | €63,275 | = | 0.0% |
| Reserves | 13 | €45,365 | €45,365 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,365 | €45,365 | = | 0.0% |
| Reserves not available under the articles | 1311 | €45,365 | €45,365 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,799 | -€225,672 | -€70,873 | -45.8% |
| Amounts payable | 17/49 | €161,446 | €223,062 | +€61,615 | +38.2% |
| Amounts payable after more than one year | 17 | €3,318 | - | -€3,318 | |
| Financial debts | 170/4 | €3,318 | - | -€3,318 | |
| Amounts payable within one year | 42/48 | €158,128 | €223,062 | +€64,933 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €20,722 | €24,919 | +€4,197 | +20.3% |
| Trade debts | 44 | €84,070 | €144,301 | +€60,231 | +71.6% |
| Suppliers | 440/4 | €84,070 | €144,301 | +€60,231 | +71.6% |
| Taxes, remuneration and social security | 45 | €27,181 | €46,587 | +€19,406 | +71.4% |
| Taxes | 450/3 | €3,737 | €3,422 | -€315 | -8.4% |
| Remuneration and social security | 454/9 | €23,444 | €43,164 | +€19,721 | +84.1% |
| Other amounts payable | 47/48 | €26,155 | €7,255 | -€18,900 | -72.3% |
| Remuneration, social security and pensions | 62 | €441,526 | €478,119 | +€36,593 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,233 | €22,196 | +€963 | +4.5% |
| Other operating charges | 640/8 | €1,369 | €4,271 | +€2,902 | +212% |
| Gross operating margin | 9900 | €486,141 | €443,086 | -€43,055 | -8.9% |
| Operating profit (loss) | 9901 | €22,013 | -€61,500 | -€83,513 | |
| Financial income | 75/76B | €2,450 | - | -€2,450 | |
| Recurring financial income | 75 | €2,450 | - | -€2,450 | |
| Financial charges | 65/66B | €7,387 | €8,826 | +€1,440 | +19.5% |
| Recurring financial charges | 65 | €7,387 | €8,826 | +€1,440 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €17,076 | -€70,327 | -€87,402 | |
| Income taxes | 67/77 | - | €547 | +€547 | |
| Profit (loss) for the period | 9904 | €17,076 | -€70,873 | -€87,949 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,076 | -€70,873 | -€87,949 |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.