Foncière du Nil: what changed
Two financial 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.
Foncière du Nil
Largest movements
- Tangible fixed assets -€94,996
down €94,996 (-6.6%), from €1.4m to €1.4m
- Cash -€80,588
down €80,588 (-59.6%), from €135,167 to €54,580
mainly Contributions, distributions and other (-€250,000) and Debts after one year (-€138,040)
- Debts after one year -€138,040
down €138,040 (-11.6%), from €1.2m to €1.0m
- Profit (loss) carried forward -€106,200
down €106,200 (-55.0%), from €193,058 to €86,858
- Tax, wage and social debts +€58,836
up €58,836 (+111%), from €52,954 to €111,790
- Purchases and services +€71,947
up €71,947 (+451%), from €15,957 to €87,904
- Gross operating margin -€42,024
down €42,024 (-11.0%), from €383,759 to €341,735
- Turnover +€29,923
up €29,923 (+7.5%), from €399,716 to €429,639
- Taxes +€5,882
up €5,882 (+11.1%), from €52,954 to €58,836
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,588,642 | €1,413,352 | -€175,290 | -11.0% |
| Fixed assets | 21/28 | €1,448,753 | €1,353,756 | -€94,996 | -6.6% |
| Tangible fixed assets | 22/27 | €1,448,753 | €1,353,756 | -€94,996 | -6.6% |
| Land and buildings | 22 | €1,448,753 | €1,353,756 | -€94,996 | -6.6% |
| Current assets | 29/58 | €139,890 | €59,596 | -€80,294 | -57.4% |
| Amounts receivable within one year | 40/41 | - | €5,017 | +€5,017 | |
| Other amounts receivable | 41 | - | €5,017 | +€5,017 | |
| Cash at bank and in hand | 54/58 | €135,167 | €54,580 | -€80,588 | -59.6% |
| Deferred charges and accrued income | 490/1 | €4,722 | - | -€4,722 | |
| Total equity and liabilities | 10/49 | €1,588,642 | €1,413,352 | -€175,290 | -11.0% |
| Equity | 10/15 | €213,058 | €106,858 | -€106,200 | -49.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €193,058 | €86,858 | -€106,200 | -55.0% |
| Amounts payable | 17/49 | €1,375,585 | €1,306,495 | -€69,090 | -5.0% |
| Amounts payable after more than one year | 17 | €1,186,948 | €1,048,909 | -€138,040 | -11.6% |
| Financial debts | 170/4 | €1,186,948 | €1,048,909 | -€138,040 | -11.6% |
| Amounts payable within one year | 42/48 | €188,637 | €257,405 | +€68,768 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €135,682 | €138,040 | +€2,357 | +1.7% |
| Trade debts | 44 | - | €7,575 | +€7,575 | |
| Suppliers | 440/4 | - | €7,575 | +€7,575 | |
| Taxes, remuneration and social security | 45 | €52,954 | €111,790 | +€58,836 | +111% |
| Taxes | 450/3 | €52,954 | €111,790 | +€58,836 | +111% |
| Accrued charges and deferred income | 492/3 | - | €181 | +€181 | |
| Turnover | 70 | €399,716 | €429,639 | +€29,923 | +7.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,957 | €87,904 | +€71,947 | +451% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,686 | €90,686 | = | 0.0% |
| Other operating charges | 640/8 | €27,183 | €28,250 | +€1,067 | +3.9% |
| Gross operating margin | 9900 | €383,759 | €341,735 | -€42,024 | -11.0% |
| Operating profit (loss) | 9901 | €265,890 | €222,799 | -€43,091 | -16.2% |
| Financial income | 75/76B | - | €2,017 | +€2,017 | |
| Recurring financial income | 75 | - | €2,017 | +€2,017 | |
| Financial charges | 65/66B | €24,315 | €22,180 | -€2,136 | -8.8% |
| Recurring financial charges | 65 | €24,315 | €22,180 | -€2,136 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €241,575 | €202,636 | -€38,939 | -16.1% |
| Income taxes | 67/77 | €52,954 | €58,836 | +€5,882 | +11.1% |
| Profit (loss) for the period | 9904 | €188,620 | €143,800 | -€44,820 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €188,620 | €143,800 | -€44,820 | -23.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.