NTX: 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.
What changed
NTX
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4.0m
2024 · -€2.4m-€1.6m
Equity
€4.2m
2024 · €8.3m-€4.0m
Cash
€1.4m
2024 · €3.8m-€2.4m
Balance sheet total
€45.4m
2024 · €44.7m+€661,989
Largest movements
Assets
- Intangible fixed assets -€3.1m
down €3.1m (-11.3%), from €27.1m to €24.0m
- Financial fixed assets +€2.8m
up €2.8m (+39.7%), from €7.2m to €10.0m
of which Affiliated companies: +€2.8m
- Cash -€2.4m
down €2.4m (-64.3%), from €3.8m to €1.4m
mainly Net result for the year (-€4.0m) and Investment in fixed assets (net) (-€3.4m)
- Current investments +€2.3m
up €2.3m (+8826.6%), from €26,284 to €2.3m
- Receivables within one year +€952,190
up €952,190 (+19.8%), from €4.8m to €5.8m
of which Trade receivables: +€983,190
Equity and liabilities
- Profit (loss) carried forward -€4.0m
down €4.0m (-52.2%), from €7.7m to €3.7m
- Trade debts +€2.6m
up €2.6m (+206.8%), from €1.3m to €3.8m
- Debts after one year +€1.2m
up €1.2m (+4.2%), from €27.6m to €28.8m
of which Financial debts: +€1.2m
- Accrued charges and deferred income +€597,864
up €597,864 (+35.9%), from €1.7m to €2.3m
- Other debts +€492,324
up €492,324 (+22.7%), from €2.2m to €2.7m
Income statement
- Turnover +€1.8m
up €1.8m (+6.0%), from €30.9m to €32.8m
- Goods and materials +€1.7m
up €1.7m (+13.5%), from €12.5m to €14.2m
of which Purchases: +€1.9m
- Financial charges +€1.0m
up €1.0m (+72.5%), from €1.4m to €2.5m
of which Non-recurring financial charges: +€1.0m
- Staff costs +€741,257
up €741,257 (+9.2%), from €8.0m to €8.8m
- Services and other goods -€545,126
down €545,126 (-6.7%), from €8.2m to €7.6m
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.
Result 2024
-€2.4m
Turnover
+€1.8m
Other operating income
-€29,225
Goods and materials
-€1.7m
Services and other goods
+€545,126
Staff costs
-€741,257
Depreciation
+€89,637
Write-downs
-€120,789
Other operating charges
+€125,779
Other operating items
-€680,475
Financial income
-€76,976
Financial charges
-€1.0m
Taxes
+€178,688
Result 2025
-€4.0m
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.
From operations
+€2.1m
Investment
-€5.7m
Financing
+€1.2m
Cash 2024
€3.8m
From operations (derived)
+€2.1m
Net result for the year
-€4.0m
Depreciation
+€3.6m
Stocks and contracts
+€27,096
Receivables within one year
-€952,190
Deferred charges and accrued income
-€77,882
Trade debts
+€2.6m
Tax, wage and social debts
-€203,687
Other debts
+€492,324
Accrued charges and deferred income
+€597,864
Investment (derived)
-€5.7m
Investment in fixed assets (net)
-€3.4m
Current investments
-€2.3m
Financing
+€1.2m
Debts after one year
+€1.2m
Current portion of long-term debt
+€34,324
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,741,342 | €45,403,331 | +€661,989 | +1.5% |
| Fixed assets | 21/28 | €35,464,233 | €35,252,151 | -€212,082 | -0.6% |
| Intangible fixed assets | 21 | €27,128,132 | €24,049,358 | -€3.1m | -11.3% |
| Tangible fixed assets | 22/27 | €1,170,577 | €1,195,587 | +€25,010 | +2.1% |
| Land and buildings | 22 | €16,518 | €9,988 | -€6,530 | -39.5% |
| Plant, machinery and equipment | 23 | €113,459 | €145,090 | +€31,631 | +27.9% |
| Furniture and vehicles | 24 | €476,919 | €318,397 | -€158,522 | -33.2% |
| Leasing and similar rights | 25 | €71,374 | €35,342 | -€36,032 | -50.5% |
| Other tangible fixed assets | 26 | €492,305 | €686,769 | +€194,463 | +39.5% |
| Financial fixed assets | 28 | €7,165,524 | €10,007,206 | +€2.8m | +39.7% |
| Affiliated companies | 280/1 | €7,165,524 | €9,994,806 | +€2.8m | +39.5% |
| Participating interests | 280 | €7,165,524 | €9,994,806 | +€2.8m | +39.5% |
| Other financial fixed assets | 284/8 | €0 | €12,400 | +€12,400 | |
| Amounts receivable and cash guarantees | 285/8 | €0 | €12,400 | +€12,400 | |
| Current assets | 29/58 | €9,277,109 | €10,151,181 | +€874,072 | +9.4% |
| Stocks and contracts in progress | 3 | €503,735 | €476,639 | -€27,096 | -5.4% |
| Stocks | 30/36 | €503,735 | €476,639 | -€27,096 | -5.4% |
| Goods purchased for resale | 34 | €503,735 | €476,639 | -€27,096 | -5.4% |
| Amounts receivable within one year | 40/41 | €4,802,870 | €5,755,059 | +€952,190 | +19.8% |
| Trade receivables | 40 | €4,562,523 | €5,545,713 | +€983,190 | +21.5% |
| Other amounts receivable | 41 | €240,347 | €209,347 | -€31,000 | -12.9% |
| Current investments | 50/53 | €26,284 | €2,346,284 | +€2.3m | +8826.6% |
| Other investments | 51/53 | €26,284 | €2,346,284 | +€2.3m | +8826.6% |
| Cash at bank and in hand | 54/58 | €3,805,782 | €1,356,878 | -€2.4m | -64.3% |
| Deferred charges and accrued income | 490/1 | €138,438 | €216,321 | +€77,882 | +56.3% |
| Total equity and liabilities | 10/49 | €44,741,342 | €45,403,331 | +€661,989 | +1.5% |
| Equity | 10/15 | €8,266,601 | €4,249,155 | -€4.0m | -48.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €553,800 | €553,800 | = | 0.0% |
| Distributable reserves | 133 | €553,800 | €553,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,694,201 | €3,676,755 | -€4.0m | -52.2% |
| Amounts payable | 17/49 | €36,474,741 | €41,154,176 | +€4.7m | +12.8% |
| Amounts payable after more than one year | 17 | €27,626,364 | €28,792,327 | +€1.2m | +4.2% |
| Financial debts | 170/4 | €14,298,530 | €15,464,493 | +€1.2m | +8.2% |
| Subordinated loans | 170 | €903,530 | €3,683,031 | +€2.8m | +307.6% |
| Leasing and similar obligations | 172 | €37,543 | €9,137 | -€28,406 | -75.7% |
| Credit institutions | 173 | €13,357,458 | €11,772,325 | -€1.6m | -11.9% |
| Other amounts payable | 178/9 | €13,327,834 | €13,327,834 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,183,201 | €10,098,809 | +€2.9m | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €230,667 | €264,991 | +€34,324 | +14.9% |
| Financial debts | 43 | €1,386,680 | €1,386,680 | = | 0.0% |
| Credit institutions | 430/8 | €1,386,680 | €1,386,680 | = | 0.0% |
| Trade debts | 44 | €1,253,800 | €3,846,447 | +€2.6m | +206.8% |
| Suppliers | 440/4 | €1,253,800 | €3,846,447 | +€2.6m | +206.8% |
| Taxes, remuneration and social security | 45 | €2,144,827 | €1,941,139 | -€203,687 | -9.5% |
| Taxes | 450/3 | €605,437 | €687,542 | +€82,106 | +13.6% |
| Remuneration and social security | 454/9 | €1,539,390 | €1,253,597 | -€285,793 | -18.6% |
| Other amounts payable | 47/48 | €2,167,228 | €2,659,552 | +€492,324 | +22.7% |
| Accrued charges and deferred income | 492/3 | €1,665,176 | €2,263,040 | +€597,864 | +35.9% |
| Operating income | 70/76A | €31,750,970 | €33,464,576 | +€1.7m | +5.4% |
| Turnover | 70 | €30,920,559 | €32,769,775 | +€1.8m | +6.0% |
| Own construction capitalised | 72 | €86,875 | €95,793 | +€8,917 | +10.3% |
| Other operating income | 74 | €592,603 | €563,378 | -€29,225 | -4.9% |
| Non-recurring operating income | 76A | €150,933 | €35,631 | -€115,302 | -76.4% |
| Operating charges | 60/66A | €32,687,519 | €35,052,886 | +€2.4m | +7.2% |
| Goods for resale, raw materials and consumables | 60 | €12,481,494 | €14,171,267 | +€1.7m | +13.5% |
| Purchases | 600/8 | €12,456,256 | €14,359,168 | +€1.9m | +15.3% |
| Change in stocks: decrease (increase) | 609 | €25,239 | -€187,900 | -€213,139 | |
| Services and other goods | 61 | €8,177,536 | €7,632,409 | -€545,126 | -6.7% |
| Remuneration, social security and pensions | 62 | €8,032,148 | €8,773,405 | +€741,257 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,710,654 | €3,621,017 | -€89,637 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €114,000 | €234,789 | +€120,789 | +106.0% |
| Other operating charges | 640/8 | €170,444 | €44,665 | -€125,779 | -73.8% |
| Non-recurring operating charges | 66A | €1,243 | €575,334 | +€574,091 | +46186.7% |
| Operating profit (loss) | 9901 | -€936,549 | -€1,588,310 | -€651,760 | -69.6% |
| Financial income | 75/76B | €158,806 | €81,830 | -€76,976 | -48.5% |
| Recurring financial income | 75 | €158,806 | €81,830 | -€76,976 | -48.5% |
| Income from financial fixed assets | 750 | €24,880 | €0 | -€24,880 | -100.0% |
| Income from current assets | 751 | €122,060 | €26,648 | -€95,412 | -78.2% |
| Other financial income | 752/9 | €11,866 | €55,182 | +€43,316 | +365.1% |
| Financial charges | 65/66B | €1,434,812 | €2,474,521 | +€1.0m | +72.5% |
| Recurring financial charges | 65 | €1,434,812 | €1,474,521 | +€39,709 | +2.8% |
| Debt charges | 650 | €1,418,764 | €1,460,092 | +€41,328 | +2.9% |
| Other financial charges | 652/9 | €16,048 | €14,430 | -€1,618 | -10.1% |
| Non-recurring financial charges | 66B | - | €1,000,000 | +€1.0m | |
| Profit (loss) for the period before taxes | 9903 | -€2,212,555 | -€3,981,001 | -€1.8m | -79.9% |
| Income taxes | 67/77 | €215,133 | €36,445 | -€178,688 | -83.1% |
| Taxes | 670/3 | €215,257 | €36,445 | -€178,812 | -83.1% |
| Tax adjustments and reversals of tax provisions | 77 | €124 | €0 | -€124 | -100.0% |
| Profit (loss) for the period | 9904 | -€2,427,688 | -€4,017,446 | -€1.6m | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,427,688 | -€4,017,446 | -€1.6m | -65.5% |
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 9 October 2026 via checked.be.