nittron: 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.
nittron
Largest movements
- Cash -€217,543
down €217,543 (-86.9%), from €250,212 to €32,669
mainly Current investments (-€200,000) and Debts after one year (-€50,000)
- Current investments +€200,000
up €200,000 (+129%), from €155,159 to €355,159
- Receivables within one year -€23,929
down €23,929 (-79.1%), from €30,266 to €6,337
of which Other amounts receivable: -€23,965
- Tangible fixed assets -€13,645
down €13,645 (-29.0%), from €47,093 to €33,448
- Debts after one year -€50,000
no longer reported in 2025 (was €50,000)
- Reserves +€31,135
up €31,135 (+6.8%), from €457,337 to €488,473
of which Distributable reserves: +€31,135
- Other debts -€30,483
no longer reported in 2025 (was €30,483)
- Trade debts -€8,324
down €8,324 (-41.6%), from €20,027 to €11,703
- Gross operating margin +€22,108
up €22,108 (+39.7%), from €55,709 to €77,817
- Staff costs -€16,706
down €16,706 (-51.7%), from €32,306 to €15,601
- Taxes +€11,475
up €11,475 (+455%), from €2,524 to €13,999
- Financial income -€8,052
down €8,052 (-85.3%), from €9,435 to €1,383
- Financial charges -€6,719
down €6,719 (-64.5%), from €10,411 to €3,692
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 | €616,786 | €558,968 | -€57,818 | -9.4% |
| Fixed assets | 21/28 | €47,093 | €33,448 | -€13,645 | -29.0% |
| Tangible fixed assets | 22/27 | €47,093 | €33,448 | -€13,645 | -29.0% |
| Furniture and vehicles | 24 | €47,093 | €33,448 | -€13,645 | -29.0% |
| Current assets | 29/58 | €569,693 | €525,521 | -€44,172 | -7.8% |
| Amounts receivable within one year | 40/41 | €30,266 | €6,337 | -€23,929 | -79.1% |
| Trade receivables | 40 | - | €35 | +€35 | |
| Other amounts receivable | 41 | €30,266 | €6,301 | -€23,965 | -79.2% |
| Current investments | 50/53 | €155,159 | €355,159 | +€200,000 | +129% |
| Cash at bank and in hand | 54/58 | €250,212 | €32,669 | -€217,543 | -86.9% |
| Deferred charges and accrued income | 490/1 | €134,056 | €131,356 | -€2,700 | -2.0% |
| Total equity and liabilities | 10/49 | €616,786 | €558,968 | -€57,818 | -9.4% |
| Equity | 10/15 | €507,337 | €538,473 | +€31,135 | +6.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €457,337 | €488,473 | +€31,135 | +6.8% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,096 | €26,096 | = | 0.0% |
| Distributable reserves | 133 | €426,242 | €457,377 | +€31,135 | +7.3% |
| Amounts payable | 17/49 | €109,449 | €20,496 | -€88,953 | -81.3% |
| Amounts payable after more than one year | 17 | €50,000 | - | -€50,000 | |
| Financial debts | 170/4 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €54,732 | €15,591 | -€39,141 | -71.5% |
| Trade debts | 44 | €20,027 | €11,703 | -€8,324 | -41.6% |
| Suppliers | 440/4 | €20,027 | €11,703 | -€8,324 | -41.6% |
| Taxes, remuneration and social security | 45 | €4,223 | €3,888 | -€335 | -7.9% |
| Remuneration and social security | 454/9 | €4,223 | €3,888 | -€335 | -7.9% |
| Other amounts payable | 47/48 | €30,483 | - | -€30,483 | |
| Accrued charges and deferred income | 492/3 | €4,716 | €4,905 | +€188 | +4.0% |
| Remuneration, social security and pensions | 62 | €32,306 | €15,601 | -€16,706 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,653 | €13,645 | -€7 | -0.1% |
| Other operating charges | 640/8 | €1,164 | €1,128 | -€35 | -3.0% |
| Gross operating margin | 9900 | €55,709 | €77,817 | +€22,108 | +39.7% |
| Operating profit (loss) | 9901 | €8,586 | €47,443 | +€38,856 | +453% |
| Financial income | 75/76B | €9,435 | €1,383 | -€8,052 | -85.3% |
| Recurring financial income | 75 | €9,435 | €1,383 | -€8,052 | -85.3% |
| Financial charges | 65/66B | €10,411 | €3,692 | -€6,719 | -64.5% |
| Recurring financial charges | 65 | €10,411 | €3,692 | -€6,719 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €7,610 | €45,134 | +€37,524 | +493% |
| Income taxes | 67/77 | €2,524 | €13,999 | +€11,475 | +455% |
| Profit (loss) for the period | 9904 | €5,086 | €31,135 | +€26,049 | +512% |
| Profit (loss) for the period to be appropriated | 9905 | €5,086 | €31,135 | +€26,049 | +512% |
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 26 October 2026 via checked.be.