NTRNSK: what changed
Two fiscal 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.
NTRNSK
Largest movements
- Receivables within one year -€15,334
down €15,334 (-45.4%), from €33,763 to €18,429
of which Trade receivables: -€15,701
- Cash +€8,660
up €8,660 (+155.1%), from €5,583 to €14,244
mainly Receivables within one year (+€15,334) and Trade debts (+€3,689)
- Tangible fixed assets +€2,315
new in 2025: €2,315
- Short-term financial debts -€6,000
down €6,000 (-100.0%), from €6,000 to €0
- Tax, wage and social debts -€3,757
down €3,757 (-29.6%), from €12,678 to €8,921
- Trade debts +€3,689
up €3,689 (+506.7%), from €728 to €4,417
- Reserves +€3,121
up €3,121 (+26.3%), from €11,891 to €15,012
- Other debts -€1,819
down €1,819 (-36.0%), from €5,050 to €3,231
- Write-downs +€17,299
new in 2025: €17,299
- Gross operating margin +€2,830
up €2,830 (+13.2%), from €21,441 to €24,271
- Taxes -€2,650
down €2,650 (-63.4%), from €4,183 to €1,532
- Financial charges +€269
up €269 (+21.2%), from €1,269 to €1,538
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.
Cash bridge derived
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 | €39,346 | €34,988 | -€4,358 | -11.1% |
| Fixed assets | 21/28 | - | €2,315 | +€2,315 | |
| Tangible fixed assets | 22/27 | - | €2,315 | +€2,315 | |
| Furniture and vehicles | 24 | - | €2,315 | +€2,315 | |
| Current assets | 29/58 | €39,346 | €32,673 | -€6,673 | -17.0% |
| Amounts receivable within one year | 40/41 | €33,763 | €18,429 | -€15,334 | -45.4% |
| Trade receivables | 40 | €33,753 | €18,052 | -€15,701 | -46.5% |
| Other amounts receivable | 41 | €10 | €378 | +€368 | +3752.4% |
| Cash at bank and in hand | 54/58 | €5,583 | €14,244 | +€8,660 | +155.1% |
| Total equity and liabilities | 10/49 | €39,346 | €34,988 | -€4,358 | -11.1% |
| Equity | 10/15 | €14,891 | €18,012 | +€3,121 | +21.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,891 | €15,012 | +€3,121 | +26.3% |
| Distributable reserves | 133 | €11,891 | €15,012 | +€3,121 | +26.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,456 | €16,976 | -€7,479 | -30.6% |
| Amounts payable within one year | 42/48 | €24,456 | €16,569 | -€7,887 | -32.2% |
| Financial debts | 43 | €6,000 | €0 | -€6,000 | -100.0% |
| Other loans | 439 | €6,000 | €0 | -€6,000 | -100.0% |
| Trade debts | 44 | €728 | €4,417 | +€3,689 | +506.7% |
| Suppliers | 440/4 | €728 | €4,417 | +€3,689 | +506.7% |
| Taxes, remuneration and social security | 45 | €12,678 | €8,921 | -€3,757 | -29.6% |
| Taxes | 450/3 | €12,678 | €8,921 | -€3,757 | -29.6% |
| Other amounts payable | 47/48 | €5,050 | €3,231 | -€1,819 | -36.0% |
| Accrued charges and deferred income | 492/3 | - | €408 | +€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €120 | +€120 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,299 | +€17,299 | |
| Other operating charges | 640/8 | €575 | €660 | +€85 | +14.8% |
| Gross operating margin | 9900 | €21,441 | €24,271 | +€2,830 | +13.2% |
| Operating profit (loss) | 9901 | €20,866 | €6,192 | -€14,674 | -70.3% |
| Financial charges | 65/66B | €1,269 | €1,538 | +€269 | +21.2% |
| Recurring financial charges | 65 | €1,269 | €1,538 | +€269 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €19,596 | €4,654 | -€14,943 | -76.3% |
| Income taxes | 67/77 | €4,183 | €1,532 | -€2,650 | -63.4% |
| Profit (loss) for the period | 9904 | €15,413 | €3,121 | -€12,292 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,413 | €3,121 | -€12,292 | -79.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.