IMMO N.L.N.: what changed
IMMO N.L.N.
Largest movements
- Tangible fixed assets -€11,631
down €11,631 (-3.7%), from €312,046 to €300,415
of which Land and buildings: -€9,959
- Cash +€8,694
up €8,694 (+36.0%), from €24,165 to €32,859
mainly Net result for the year (+€16,512) and Depreciation (+€11,631)
- Debts after one year -€19,448
down €19,448 (-13.7%), from €141,760 to €122,312
- Profit (loss) carried forward +€16,512
up €16,512 (+62.9%), from €26,259 to €42,771
- Depreciation -€17,915
down €17,915 (-60.6%), from €29,545 to €11,631
- Purchases and services +€3,476
new in 2025: €3,476
- Gross operating margin -€2,036
down €2,036 (-5.2%), from €39,110 to €37,074
- Taxes -€1,442
down €1,442 (-72.6%), from €1,987 to €545
- Other operating charges +€1,286
up €1,286 (+50.9%), from €2,527 to €3,813
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 | €336,211 | €333,274 | -€2,937 | -0.9% |
| Fixed assets | 21/28 | €312,046 | €300,415 | -€11,631 | -3.7% |
| Tangible fixed assets | 22/27 | €312,046 | €300,415 | -€11,631 | -3.7% |
| Land and buildings | 22 | €310,374 | €300,415 | -€9,959 | -3.2% |
| Other tangible fixed assets | 26 | €1,671 | - | -€1,671 | |
| Current assets | 29/58 | €24,165 | €32,859 | +€8,694 | +36.0% |
| Cash at bank and in hand | 54/58 | €24,165 | €32,859 | +€8,694 | +36.0% |
| Total equity and liabilities | 10/49 | €336,211 | €333,274 | -€2,937 | -0.9% |
| Equity | 10/15 | €45,659 | €62,171 | +€16,512 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €800 | €800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €800 | €800 | = | 0.0% |
| Legal reserve | 130 | €800 | €800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,259 | €42,771 | +€16,512 | +62.9% |
| Amounts payable | 17/49 | €290,552 | €271,104 | -€19,448 | -6.7% |
| Amounts payable after more than one year | 17 | €141,760 | €122,312 | -€19,448 | -13.7% |
| Financial debts | 170/4 | €141,760 | €122,312 | -€19,448 | -13.7% |
| Amounts payable within one year | 42/48 | €148,792 | €148,792 | = | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €17,654 | €17,654 | = | 0.0% |
| Other amounts payable | 47/48 | €131,138 | €131,138 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,476 | +€3,476 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,545 | €11,631 | -€17,915 | -60.6% |
| Other operating charges | 640/8 | €2,527 | €3,813 | +€1,286 | +50.9% |
| Gross operating margin | 9900 | €39,110 | €37,074 | -€2,036 | -5.2% |
| Operating profit (loss) | 9901 | €7,038 | €21,630 | +€14,592 | +207% |
| Financial charges | 65/66B | €4,997 | €4,574 | -€423 | -8.5% |
| Recurring financial charges | 65 | €4,997 | €4,574 | -€423 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €2,041 | €17,056 | +€15,016 | +736% |
| Income taxes | 67/77 | €1,987 | €545 | -€1,442 | -72.6% |
| Profit (loss) for the period | 9904 | €54 | €16,512 | +€16,457 | +30,314% |
| Profit (loss) for the period to be appropriated | 9905 | €54 | €16,512 | +€16,457 | +30,314% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.