IMMO NEMO (0471.543.724): financials and annual accounts

IMMO NEMO

Brussels ·KBO/BCE: BE 0471.543.724

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	1.8m	1.9m	1.9m	1.9m	1.2m	1.3m	1.4m	1.4m	1.5m	1.5m	1.4m	1.4m	1.0m	1.2m	1.3m	1.5m	5.5m	5.8m	5.4m	5.4m
Fixed assets`21/28`	1.7m	1.8m	1.9m	1.9m	1.2m	1.3m	1.4m	1.4m	1.5m	1.4m	1.4m	1.3m	824,244	832,215	2,111	11,953	106,914	166,456	214,649	286,641
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68,666	137,333	205,999
Tangible fixed assets`22/27`	1.7m	1.8m	1.9m	1.9m	1.2m	1.3m	1.4m	1.4m	1.5m	1.4m	1.4m	1.3m	824,244	832,215	2,111	11,953	106,914	97,790	77,181	80,507
Land and buildings`22`	1.7m	1.8m	1.9m	1.9m	1.2m	1.3m	1.3m	1.4m	1.5m	1.4m	1.4m	1.3m	807,364	831,350	-	-	-	-	-	-
Plant, machinery and equipment`23`	1,649	-	-	-	-	381	760	366	732	-	-	-	228	865	819	-	72,046	60,384	63,126	70,685
Furniture and vehicles`24`	18,557	28,937	10,861	17,608	20,268	23,463	2,818	4,227	-	-	5,551	11,101	16,652	0	1,292	11,953	23,382	37,244	13,893	9,660
Other tangible fixed assets`26`	2,600	2,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets under construction and advance payments`27`	-	-	-	-	13,040	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	135	135
Current assets`29/58`	39,616	35,051	9,640	11,459	16,985	29,916	20,512	33,352	55	48,457	2,150	49,250	224,624	363,335	1.3m	1.5m	5.4m	5.6m	5.2m	5.2m
Amounts receivable within one year`40/41`	5,245	11,490	2,601	5,582	11,627	20,452	11,640	31,275	-	-	547	48,973	29,245	146,661	112,934	240,861	277,655	118,738	122,432	430,846
Trade receivables`40`	5,245	10,846	1,666	582	8,348	4,349	-	443	-	-	-	-	-	-	-	-	28,438	25,675	28,502	28,159
Other amounts receivable`41`	-	644	935	5,000	3,279	16,103	11,640	30,832	-	-	547	48,973	29,245	146,661	112,934	240,861	249,217	93,063	93,930	402,687
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	41,772	40,777	41,668	40,816	-	-	-	-
Cash at bank and in hand`54/58`	31,878	20,362	6,790	-	-	4,029	3,805	884	55	48,457	1,603	277	153,607	175,897	1.1m	1.2m	5.1m	5.5m	5.1m	4.7m
Deferred charges and accrued income`490/1`	2,493	3,199	249	5,877	5,358	5,435	5,067	1,193	-	-	-	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.8m	1.9m	1.9m	1.9m	1.2m	1.3m	1.4m	1.4m	1.5m	1.5m	1.4m	1.4m	1.0m	1.2m	1.3m	1.5m	5.5m	5.8m	5.4m	5.4m
Equity`10/15`	415,215	444,799	449,906	557,042	604,840	631,542	637,857	672,901	596,416	613,341	168,917	216,624	656,021	629,719	792,966	824,396	65,714	99,081	45,128	494,778
Contributions`10/11`	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Issued capital`100`	-	-	-	-	-	-	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Contributions outside capital`11`	-	-	-	-	-	18,592	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other`1109/19`	-	-	-	-	-	18,592	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	349,204	339,891	357,852	375,812	393,772	411,732	429,692	447,653	465,613	483,573	697,501	722,779	748,058	763,891	779,724	804,712	20,609	20,609	20,609	20,609
Non-distributable reserves`130/1`	-	-	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
Reserves not available under the articles`1311`	-	-	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	320,072	338,032	355,993	373,953	391,913	409,873	427,833	445,794	463,754	481,714	695,642	720,920	746,199	762,032	777,865	802,853	18,750	18,750	18,750	18,750
Distributable reserves`133`	29,132	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	2,936	30,026	36,900	117,423	138,607	127,349	107,051	115,481	112,211	111,176	-547,176	-524,747	-110,629	-152,764	-5,350	1,092	26,513	59,880	5,927	455,577
Investment grants`15`	44,483	56,290	36,562	45,215	53,869	73,869	82,522	91,175	-	-	-	-	-	-	-	-	-	-	-	-
Provisions and deferred taxes`16`	155,157	164,405	173,654	182,902	192,150	201,398	210,646	219,894	229,142	261,805	383,546	361,563	374,580	382,732	390,885	386,200	-	-	-	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	23,415	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	-	-	23,415	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	155,157	164,405	173,654	182,902	192,150	201,398	210,646	219,894	229,142	238,390	383,546	361,563	374,580	382,732	390,885	386,200	-	-	-	-
Amounts payable`17/49`	1.2m	1.3m	1.3m	1.2m	448,143	490,568	523,669	552,789	669,285	593,657	810,887	780,022	18,267	183,099	68,691	281,229	5.5m	5.7m	5.3m	4.9m
Amounts payable after more than one year`17`	767,596	875,366	912,386	879,874	359,841	412,162	333,341	366,303	398,453	429,809	458,963	465,880	9,425	-	-	41,797	120,779	144,348	172,146	209,353
Financial debts`170/4`	767,596	875,366	912,386	879,874	359,841	412,162	333,341	366,303	398,453	429,809	458,963	465,880	9,425	-	-	41,797	120,779	144,348	172,146	209,353
Amounts payable within one year`42/48`	446,270	395,506	410,722	329,390	88,302	78,406	187,305	186,486	270,832	163,848	351,924	314,142	8,842	183,052	68,691	239,432	5.3m	5.5m	5.2m	4.7m
Current portion of amounts payable after more than one year`42`	80,416	53,621	48,198	49,257	52,460	51,508	32,963	32,150	114,048	29,155	328,941	299,285	4,176	-	37,817	46,481	59,114	77,445	46,037	47,153
Financial debts`43`	-	-	11,088	3,265	4,301	-	-	-	3,701	-	-	-	183	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	11,088	3,265	4,301	-	-	-	3,701	-	-	-	183	-	-	-	-	-	-	-
Trade debts`44`	1,873	13,047	8,920	10,099	21,327	15,262	10,887	6,193	2,280	2,150	2,670	11,857	4,483	8,844	3,029	18,997	5.1m	5.4m	4.9m	4.7m
Suppliers`440/4`	1,873	13,047	8,920	10,099	21,327	15,262	10,887	6,193	2,280	2,150	2,670	11,857	4,483	8,844	3,029	18,997	5.1m	5.4m	4.9m	4.7m
Taxes, remuneration and social security`45`	40,624	16,335	14,445	21,769	10,214	8,591	7,261	11,168	1,700	19,000	-	3,000	-	43,552	27,845	23,954	222,271	90,245	246,470	32,287
Taxes`450/3`	40,624	16,335	14,445	21,769	10,214	8,591	7,261	10,668	1,700	19,000	-	3,000	-	43,552	27,845	23,000	51,108	49,407	201,750	-
Remuneration and social security`454/9`	-	-	-	-	-	-	-	500	-	-	-	-	-	-	-	954	171,163	40,838	44,720	32,287
Other amounts payable`47/48`	323,357	312,503	328,071	245,000	-	3,045	136,194	136,975	149,103	113,543	20,313	-	-	130,656	-	150,000	-	-	-	-
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	3,023	-	-	-	-	-	-	47	-	-	-	6,110	6,110	6,110
Income statement
Non-recurring operating income`76A`	-	-	-	-	1,279	4,111	-	1,417	-	-	-	227	3,000	-	8,132	1.2m	-	0	1,270	-
Gross operating margin`9900`	218,847	206,665	122,694	139,359	82,198	83,594	49,375	93,633	100,090	78,100	63,959	40,129	42,619	-2,115	-24,714	562,022	752,511	814,106	784,113	649,015
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,639	370,033	450,216	412,133	397,719	347,124
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	137,025	136,354	131,831	99,679	87,013	80,512	82,774	78,030	76,040	73,446	49,668	45,161	30,173	25,915	1,702	14,149	111,060	108,281	97,501	99,479
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	25,549	-23,415	-11,585	35,000	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	12,548	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	14,792	9,811	14,695	25,278	7,190	5,117	5,189	4,154	18,053	26,374	1,002	1,581	696	1,195	2,194	4,796	6,646	6,132	6,430	6,374
Non-recurring operating charges`66A`	-	-	-	35	-	-	-	-	-	-	3,186	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	67,030	60,500	-23,832	1,819	-12,005	-2,035	-38,588	-14,100	29,412	-10,135	-21,711	-6,613	11,750	-29,225	-30,249	173,044	184,589	287,560	282,463	196,038
Financial income`75/76B`	11,807	11,812	8,653	8,654	8,663	8,653	8,653	6,707	-	-	81	16,351	4,162	33,350	5,549	42,467	36,985	95,884	84,856	44,127
Recurring financial income`75`	11,807	11,812	8,653	8,654	8,663	8,653	8,653	6,707	-	-	81	16,351	4,162	33,350	5,549	42,467	36,985	95,884	84,856	44,127
Financial charges`65/66B`	50,118	65,026	50,323	24,342	10,108	10,403	9,759	13,545	12,710	17,161	17,455	18,819	674	1,149	2,774	9,232	9,751	9,676	10,105	11,096
Recurring financial charges`65`	50,118	63,409	50,323	24,342	10,108	10,403	9,759	13,545	12,710	17,161	17,455	18,819	674	1,149	2,774	9,232	9,751	9,676	10,105	11,096
Non-recurring financial charges`66B`	-	1,617	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	28,719	7,286	-65,502	-13,869	-13,450	-3,785	-39,694	-20,938	16,702	-27,296	-42,271	-8,854	18,238	2,976	-19,342	1.4m	211,823	373,768	358,484	229,069
Transfer from deferred taxes`780`	9,248	9,248	9,248	9,248	9,248	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	18,029	3,655	4,515	-2,027	2,500	3,125	-4,056	3,000	2,875	-361,564	-3,546	443,560	89	168	7,403	81,700	75,190	119,815	141,134	73,846
Profit (loss) for the period`9904`	19,938	12,879	-60,769	-2,594	-6,702	2,338	-26,390	-14,690	23,075	444,424	-25,708	-439,397	26,302	10,961	-31,430	908,682	136,633	253,953	217,350	155,223
Transfer from tax-exempt reserves`789`	17,960	17,961	17,960	17,960	17,960	17,960	17,960	17,960	17,960	213,928	25,279	25,279	15,833	15,833	24,988	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	784,103	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	37,898	30,840	-42,809	15,366	11,258	20,298	-8,430	3,270	41,035	658,352	-429	-414,118	42,135	26,794	-6,442	124,579	136,633	253,953	217,350	155,223
Appropriation of the result
Profit (loss) to be appropriated`9906`	67,924	67,740	74,614	153,973	138,607	127,349	107,051	115,481	152,211	111,176	-547,176	-524,747	-110,629	21,444	-5,350	151,092	196,513	259,880	672,927	455,577
Profit (loss) brought forward from the previous period`14P`	30,026	36,900	117,423	138,607	127,349	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	27,273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	27,273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	37,715	37,714	37,714	36,550	-	-	-	-	40,000	-	-	-	-	174,208	-	150,000	170,000	200,000	667,000	-
Return on contributions (dividend)`694`	37,715	37,714	37,714	36,550	-	-	-	-	-	-	-	-	-	174,208	-	150,000	170,000	200,000	667,000	-
Directors or managers`695`	-	-	-	-	-	-	-	-	40,000	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9.1	8.8	8.6	9.1	9.4
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,277	15,190	14,885	14,965	14,771
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	05-07-2026	2026-00253055	PDF
31-12-2024	full format	27-07-2025	2025-00313416	PDF
31-12-2023	micro format	19-06-2024	2024-00140254	PDF
31-12-2022	micro format	02-07-2023	2023-00186549	PDF
31-12-2021	micro format	28-05-2022	2022-20036298	PDF
31-12-2020	micro format	09-07-2021	2021-32900071	PDF
31-12-2019	micro format	02-06-2020	2020-13900500	PDF
31-12-2018	micro format	30-05-2019	2019-16500152	PDF
31-12-2017	micro format	29-05-2018	2018-14100469	PDF
31-12-2016	micro format	09-06-2017	2017-15700061	PDF
31-12-2015	full format	10-06-2016	2016-16400204	PDF
31-12-2014	full format	28-08-2015	2015-48600550	PDF
31-12-2013	full format	31-07-2014	2014-36100162	PDF
31-12-2012	full format	14-08-2013	2013-41500176	PDF
31-12-2011	full format	18-08-2012	2012-41200288	PDF
31-12-2010	full format	28-06-2011	2011-20900232	PDF
31-12-2009	full format	22-05-2010	2010-12500266	PDF
31-12-2008	full format	01-06-2009	2009-17400071	PDF
31-12-2007	full format	31-05-2008	2008-17200082	PDF
31-12-2006	full format	30-07-2007	2007-50700279	PDF
31-12-2005	full format	18-07-2006	2006-50001253	PDF
31-12-2004	full format	28-06-2005	2005-37504129	PDF
31-12-2003	full format	04-08-2004	2004-58604335	PDF
31-12-2002	full format	22-07-2003	2003-49100464	PDF
31-12-2001	full format	30-09-2002	2002-62104479	PDF
31-12-2000	full format	19-10-2001	2001-65704167	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	204,055	196,854	107,999	101,498	75,008	78,477	44,186	63,930	105,452	63,311	27,957	38,548	41,923	-3,310	-28,547	187,193	295,649	395,841	379,964	295,517
Cash flow	156,963	149,233	71,062	97,085	80,311	82,850	56,384	63,340	99,115	517,870	23,960	-394,236	56,475	36,876	-29,728	922,831	247,693	362,234	314,851	254,702
Investment in fixed assets (approximation)	36,621	48,468	131,110	823,729	21,569	22,444	22,202	21,022	150,482	132,592	101,909	529,876	22,202	856,019	1,228	-80,812	51,518	60,223	25,509	58,215
Change in cash	11,516	13,572	-	-	-	224	2,921	829	-48,402	46,854	1,326	-153,330	-22,290	-919,932	-102,366	-3.9m	-346,651	437,849	332,002	-
Working capital	-406,654	-360,455	-401,082	-317,931	-71,317	-48,490	-166,793	-153,134	-270,777	-115,391	-349,774	-264,892	215,782	180,283	1.2m	1.2m	79,579	83,083	8,735	423,600
Solvency	23.3%	23.7%	23.1%	28.6%	48.6%	47.7%	46.5%	46.5%	39.9%	41.8%	12.4%	15.9%	62.5%	52.7%	63.3%	55.3%	1.2%	1.7%	0.8%	9.1%
Current ratio	0.09	0.09	0.02	0.03	0.19	0.38	0.11	0.18	0.00	0.30	0.01	0.16	25.40	1.98	18.20	6.18	1.01	1.02	1.00	1.09
Debt to equity	2.92	2.86	2.94	2.17	0.74	0.78	0.82	0.82	1.12	0.97	4.80	3.60	0.03	0.29	0.09	0.34	83.16	57.31	-	10.00
ROE	4.8%	2.9%	-13.5%	-0.5%	-1.1%	0.4%	-4.1%	-2.2%	3.9%	72.5%	-15.2%	-202.8%	4.0%	1.7%	-4.0%	110.2%	207.9%	256.3%	481.6%	31.4%
ROA	1.1%	0.7%	-3.1%	-0.1%	-0.5%	0.2%	-1.9%	-1.0%	1.5%	30.3%	-1.9%	-32.4%	2.5%	0.9%	-2.5%	60.9%	2.5%	4.4%	4.0%	2.9%
Interest coverage	4.07	3.10	2.15	4.17	7.42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€650,000	€650,000	-	-	-
Mortgages, amount registered	€660,000	€660,000	-	-	€27,500
Carrying value of the mortgaged assets	€720,583	€772,915	-	-	€1.2m

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€36,621	€48,468	€131,110	€823,729	€21,569
Depreciation and write-downs of the year	€137,025	€136,354	€131,831	€99,679	€87,013

IMMO NEMO

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency23.3%

Current ratio0.09

Return on assets1.1%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on IMMO NEMO

Next steps