NITRONIX: what changed
NITRONIX
Largest movements
- Tangible fixed assets +€239,174
up €239,174 (+38.1%), from €627,523 to €866,697
of which Land and buildings: +€234,013
- Receivables within one year -€137,461
down €137,461 (-84.3%), from €163,083 to €25,622
of which Trade receivables: -€133,690
- Cash -€17,639
down €17,639 (-88.2%), from €20,004 to €2,364
mainly Investment in fixed assets (net) (-€319,310) and Debts after one year (-€50,334)
- Reserves +€97,129
up €97,129 (+48.5%), from €200,333 to €297,462
of which Distributable reserves: +€97,129
- Debts after one year -€50,334
down €50,334 (-15.2%), from €331,182 to €280,848
- Other debts +€36,697
up €36,697 (+21.9%), from €167,266 to €203,963
- Trade debts -€24,718
down €24,718 (-69.8%), from €35,419 to €10,702
- Accrued charges and deferred income +€15,023
up €15,023 (+464%), from €3,239 to €18,261
- Gross operating margin +€70,616
up €70,616 (+41.5%), from €170,361 to €240,977
- Depreciation +€17,371
up €17,371 (+27.7%), from €62,765 to €80,136
- Financial charges +€15,278
up €15,278 (+80.8%), from €18,901 to €34,179
- Taxes +€10,045
up €10,045 (+37.7%), from €26,661 to €36,706
- Other operating charges +€6,547
up €6,547 (+83.7%), from €7,821 to €14,368
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €813,239 | €898,395 | +€85,156 | +10.5% |
| Fixed assets | 21/28 | €627,823 | €866,997 | +€239,174 | +38.1% |
| Tangible fixed assets | 22/27 | €627,523 | €866,697 | +€239,174 | +38.1% |
| Land and buildings | 22 | €606,919 | €840,933 | +€234,013 | +38.6% |
| Plant, machinery and equipment | 23 | €15,617 | €21,531 | +€5,914 | +37.9% |
| Furniture and vehicles | 24 | €340 | €82 | -€258 | -75.9% |
| Other tangible fixed assets | 26 | €4,647 | €4,152 | -€495 | -10.7% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €185,416 | €31,398 | -€154,018 | -83.1% |
| Amounts receivable within one year | 40/41 | €163,083 | €25,622 | -€137,461 | -84.3% |
| Trade receivables | 40 | €158,966 | €25,276 | -€133,690 | -84.1% |
| Other amounts receivable | 41 | €4,117 | €346 | -€3,771 | -91.6% |
| Cash at bank and in hand | 54/58 | €20,004 | €2,364 | -€17,639 | -88.2% |
| Deferred charges and accrued income | 490/1 | €2,329 | €3,412 | +€1,083 | +46.5% |
| Total equity and liabilities | 10/49 | €813,239 | €898,395 | +€85,156 | +10.5% |
| Equity | 10/15 | €218,933 | €316,062 | +€97,129 | +44.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,333 | €297,462 | +€97,129 | +48.5% |
| Tax-exempt reserves | 132 | €16,214 | €16,214 | = | 0.0% |
| Distributable reserves | 133 | €184,119 | €281,247 | +€97,129 | +52.8% |
| Amounts payable | 17/49 | €594,306 | €582,333 | -€11,972 | -2.0% |
| Amounts payable after more than one year | 17 | €331,182 | €280,848 | -€50,334 | -15.2% |
| Financial debts | 170/4 | €331,182 | €280,848 | -€50,334 | -15.2% |
| Amounts payable within one year | 42/48 | €259,885 | €283,224 | +€23,339 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €30,253 | €30,983 | +€730 | +2.4% |
| Trade debts | 44 | €35,419 | €10,702 | -€24,718 | -69.8% |
| Suppliers | 440/4 | €35,419 | €10,702 | -€24,718 | -69.8% |
| Advances received on contracts in progress | 46 | €7,380 | €9,710 | +€2,330 | +31.6% |
| Taxes, remuneration and social security | 45 | €19,566 | €27,866 | +€8,300 | +42.4% |
| Taxes | 450/3 | €19,566 | €27,866 | +€8,300 | +42.4% |
| Other amounts payable | 47/48 | €167,266 | €203,963 | +€36,697 | +21.9% |
| Accrued charges and deferred income | 492/3 | €3,239 | €18,261 | +€15,023 | +464% |
| Non-recurring operating income | 76A | - | €137 | +€137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,765 | €80,136 | +€17,371 | +27.7% |
| Other operating charges | 640/8 | €7,821 | €14,368 | +€6,547 | +83.7% |
| Gross operating margin | 9900 | €170,361 | €240,977 | +€70,616 | +41.5% |
| Operating profit (loss) | 9901 | €99,775 | €146,473 | +€46,698 | +46.8% |
| Financial income | 75/76B | €187 | €14 | -€173 | -92.3% |
| Recurring financial income | 75 | €187 | €14 | -€173 | -92.3% |
| Financial charges | 65/66B | €18,901 | €34,179 | +€15,278 | +80.8% |
| Recurring financial charges | 65 | €18,901 | €34,179 | +€15,278 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €81,062 | €112,309 | +€31,247 | +38.5% |
| Income taxes | 67/77 | €26,661 | €36,706 | +€10,045 | +37.7% |
| Profit (loss) for the period | 9904 | €54,401 | €75,603 | +€21,202 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,401 | €75,603 | +€21,202 | +39.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.