NordiTube Technologies: what changed
What changed
NordiTube Technologies
NACE 13.960, Manufacture of textiles
filed annual accounts (NBB)
Net result for the year
-€419,565
2024 · -€1.0m+€610,701
Equity
-
not filed
Cash
€406,960
2024 · €800,914-€393,954
Balance sheet total
€3.6m
2024 · €3.2m+€428,404
Largest movements
Assets
- Receivables within one year +€866,571
up €866,571 (+121%), from €718,283 to €1.6m
of which Trade receivables: +€924,956
- Cash -€393,954
down €393,954 (-49.2%), from €800,914 to €406,960
mainly Receivables within one year (-€866,571) and Net result for the year (-€419,565)
- Stocks and contracts +€66,247
up €66,247 (+5.4%), from €1.2m to €1.3m
of which Stocks: +€66,247
- Tangible fixed assets -€61,846
down €61,846 (-22.5%), from €274,912 to €213,066
of which Plant, machinery and equipment: -€50,966
- Intangible fixed assets -€48,632
down €48,632 (-42.1%), from €115,502 to €66,870
Equity and liabilities
- Short-term financial debts +€532,499
up €532,499 (+109%), from €490,000 to €1.0m
- Profit (loss) carried forward -€419,566
down €419,566 (-10.5%), from -€4.0m to -€4.4m
- Trade debts +€215,810
up €215,810 (+14.7%), from €1.5m to €1.7m
- Tax, wage and social debts +€95,533
up €95,533 (+36.1%), from €264,896 to €360,429
of which Remuneration and social security: +€105,010
- Other debts +€45,041
up €45,041 (+97.6%), from €46,169 to €91,210
Income statement
- Goods and materials -€4.6m
no longer reported in 2025 (was €4.6m)
- Gross operating margin +€2.1m
new in 2025: €2.1m
- Turnover +€1.8m
up €1.8m (+24.1%), from €7.5m to €9.3m
- Services and other goods -€1.5m
no longer reported in 2025 (was €1.5m)
- Other operating income -€371,222
no longer reported in 2025 (was €371,222)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1.0m
Turnover
+€1.8m
Other operating income
-€371,222
Goods and materials
+€4.6m
Services and other goods
+€1.5m
Staff costs
+€223,778
Depreciation
-€24,873
Write-downs
+€80,799
Other operating charges
-€37,309
Other operating items
-€7.3m
Financial income
+€323,991
Financial charges
-€253,308
Other financial items
-€18,814
Result 2025
-€419,565
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€911,015
Investment
-€15,437
Financing
+€532,498
Cash 2024
€800,914
From operations (derived)
-€911,015
Net result for the year
-€419,565
Depreciation
+€125,897
Stocks and contracts
-€66,247
Receivables within one year
-€866,571
Trade debts
+€215,810
Tax, wage and social debts
+€95,533
Advances received
-€43,549
Other debts
+€45,041
Accrued charges and deferred income
+€2,636
Investment (derived)
-€15,437
Investment in fixed assets (net)
-€15,419
Current investments
-€18
Financing
+€532,498
Short-term financial debts
+€532,499
Contributions, distributions and other
-€1
Cash 2025
€406,960
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,192,296 | €3,620,700 | +€428,404 | +13.4% |
| Fixed assets | 21/28 | €390,414 | €279,936 | -€110,478 | -28.3% |
| Intangible fixed assets | 21 | €115,502 | €66,870 | -€48,632 | -42.1% |
| Tangible fixed assets | 22/27 | €274,912 | €213,066 | -€61,846 | -22.5% |
| Land and buildings | 22 | €36,791 | €31,215 | -€5,576 | -15.2% |
| Plant, machinery and equipment | 23 | €206,394 | €155,428 | -€50,966 | -24.7% |
| Furniture and vehicles | 24 | €10,930 | €5,626 | -€5,304 | -48.5% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | €20,797 | €20,797 | = | 0.0% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €2,801,882 | €3,340,764 | +€538,882 | +19.2% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | €1,217,642 | €1,283,889 | +€66,247 | +5.4% |
| Stocks | 30/36 | €1,217,642 | €1,283,889 | +€66,247 | +5.4% |
| Raw materials and consumables | 30/31 | €724,984 | - | -€724,984 | |
| Finished goods | 33 | €55,638 | - | -€55,638 | |
| Goods purchased for resale | 34 | €437,020 | - | -€437,020 | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €718,283 | €1,584,854 | +€866,571 | +121% |
| Trade receivables | 40 | €659,898 | €1,584,854 | +€924,956 | +140% |
| Other amounts receivable | 41 | €58,385 | €0 | -€58,385 | -100% |
| Current investments | 50/53 | €2,561 | €2,579 | +€18 | +0.7% |
| Other investments | 51/53 | €2,561 | - | -€2,561 | |
| Cash at bank and in hand | 54/58 | €800,914 | €406,960 | -€393,954 | -49.2% |
| Deferred charges and accrued income | 490/1 | €62,482 | €62,482 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,192,296 | €3,620,700 | +€428,404 | +13.4% |
| Contributions | 10/11 | €1,701,752 | €1,701,752 | = | 0.0% |
| Capital | 10 | €1,701,752 | €1,701,752 | = | 0.0% |
| Issued capital | 100 | €1,701,752 | €1,701,752 | = | 0.0% |
| Contributions outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Other | 1109/19 | - | €0 | = | |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | €2,399,225 | €2,399,225 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,399,225 | €2,399,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,002,127 | -€4,421,693 | -€419,566 | -10.5% |
| Amounts payable | 17/49 | €3,093,446 | €3,941,416 | +€847,970 | +27.4% |
| Amounts payable after more than one year | 17 | €700,000 | €700,000 | = | 0.0% |
| Financial debts | 170/4 | €700,000 | €700,000 | = | 0.0% |
| Other loans | 174 | €700,000 | - | -€700,000 | |
| Amounts payable within one year | 42/48 | €2,370,699 | €3,216,033 | +€845,334 | +35.7% |
| Financial debts | 43 | €490,000 | €1,022,499 | +€532,499 | +109% |
| Credit institutions | 430/8 | €490,000 | €1,022,499 | +€532,499 | +109% |
| Trade debts | 44 | €1,464,068 | €1,679,878 | +€215,810 | +14.7% |
| Suppliers | 440/4 | €1,464,068 | €1,679,878 | +€215,810 | +14.7% |
| Advances received on contracts in progress | 46 | €105,566 | €62,017 | -€43,549 | -41.3% |
| Taxes, remuneration and social security | 45 | €264,896 | €360,429 | +€95,533 | +36.1% |
| Taxes | 450/3 | €59,436 | €49,959 | -€9,477 | -15.9% |
| Remuneration and social security | 454/9 | €205,460 | €310,470 | +€105,010 | +51.1% |
| Other amounts payable | 47/48 | €46,169 | €91,210 | +€45,041 | +97.6% |
| Accrued charges and deferred income | 492/3 | €22,747 | €25,383 | +€2,636 | +11.6% |
| Operating income | 70/76A | €7,892,377 | - | -€7.9m | |
| Turnover | 70 | €7,503,168 | €9,309,081 | +€1.8m | +24.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €17,987 | - | -€17,987 | |
| Other operating income | 74 | €371,222 | - | -€371,222 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €8,875,214 | - | -€8.9m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,423,991 | +€7.4m | |
| Goods for resale, raw materials and consumables | 60 | €4,644,037 | - | -€4.6m | |
| Change in stocks: decrease (increase) | 609 | -€117,617 | - | +€117,617 | |
| Services and other goods | 61 | €1,505,108 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | €2,515,660 | €2,291,882 | -€223,778 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,024 | €125,897 | +€24,873 | +24.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €109,385 | €28,586 | -€80,799 | -73.9% |
| Other operating charges | 640/8 | - | €37,309 | +€37,309 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | - | €2,059,669 | +€2.1m | |
| Operating profit (loss) | 9901 | -€982,837 | -€424,005 | +€558,832 | +56.9% |
| Financial income | 75/76B | - | €323,991 | +€323,991 | |
| Recurring financial income | 75 | €18,814 | €323,991 | +€305,177 | +1,622% |
| Other financial income | 752/9 | €18,814 | - | -€18,814 | |
| Financial charges | 65/66B | €66,243 | €319,551 | +€253,308 | +382% |
| Recurring financial charges | 65 | €66,243 | €319,551 | +€253,308 | +382% |
| Debt charges | 650 | €37,815 | - | -€37,815 | |
| Other financial charges | 652/9 | €28,428 | - | -€28,428 | |
| Profit (loss) for the period before taxes | 9903 | -€1,030,266 | -€419,565 | +€610,701 | +59.3% |
| Profit (loss) for the period | 9904 | -€1,030,266 | -€419,565 | +€610,701 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,030,266 | -€419,565 | +€610,701 | +59.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.