IMMO NANDA: 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.
IMMO NANDA
Largest movements
- Cash +€222,721
up €222,721 (+18766.4%), from €1,187 to €223,908
mainly Net result for the year (+€149,129) and Depreciation (+€48,611)
- Tangible fixed assets -€90,356
down €90,356 (-7.3%), from €1.2m to €1.1m
of which Land and buildings: -€86,243
- Profit (loss) carried forward +€109,489
no longer reported in 2024 (was -€109,489)
- Reserves +€39,640
up €39,640 (+8.5%), from €465,879 to €505,519
of which Non-distributable reserves: +€49,581
- Gross operating margin +€216,350
up €216,350 (+637.6%), from €33,930 to €250,280
- Taxes +€44,916
new in 2024: €44,916
- Depreciation -€3,717
down €3,717 (-7.1%), from €52,328 to €48,611
- Other operating charges +€2,753
up €2,753 (+41.8%), from €6,589 to €9,342
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.
Cash bridge derived
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 | €1,471,050 | €1,604,517 | +€133,468 | +9.1% |
| Fixed assets | 21/28 | €1,465,050 | €1,374,694 | -€90,356 | -6.2% |
| Tangible fixed assets | 22/27 | €1,233,463 | €1,143,107 | -€90,356 | -7.3% |
| Land and buildings | 22 | €1,217,407 | €1,131,164 | -€86,243 | -7.1% |
| Furniture and vehicles | 24 | €16,056 | €11,943 | -€4,113 | -25.6% |
| Financial fixed assets | 28 | €231,587 | €231,587 | = | 0.0% |
| Current assets | 29/58 | €5,999 | €229,823 | +€223,824 | +3730.8% |
| Amounts receivable within one year | 40/41 | €4,254 | €5,084 | +€830 | +19.5% |
| Trade receivables | 40 | €29 | - | -€29 | |
| Other amounts receivable | 41 | €4,225 | €5,084 | +€859 | +20.3% |
| Cash at bank and in hand | 54/58 | €1,187 | €223,908 | +€222,721 | +18766.4% |
| Deferred charges and accrued income | 490/1 | €559 | €831 | +€272 | +48.7% |
| Total equity and liabilities | 10/49 | €1,471,050 | €1,604,517 | +€133,468 | +9.1% |
| Equity | 10/15 | €856,390 | €1,005,519 | +€149,129 | +17.4% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €465,879 | €505,519 | +€39,640 | +8.5% |
| Non-distributable reserves | 130/1 | €419 | €50,000 | +€49,581 | +11839.2% |
| Legal reserve | 130 | €419 | €50,000 | +€49,581 | +11839.2% |
| Tax-exempt reserves | 132 | €305,198 | €291,099 | -€14,099 | -4.6% |
| Distributable reserves | 133 | €160,262 | €164,420 | +€4,158 | +2.6% |
| Profit (loss) carried forward | 14 | -€109,489 | - | +€109,489 | |
| Provisions and deferred taxes | 16 | €39,491 | €34,791 | -€4,700 | -11.9% |
| Deferred taxes | 168 | €39,491 | €34,791 | -€4,700 | -11.9% |
| Amounts payable | 17/49 | €575,168 | €564,207 | -€10,961 | -1.9% |
| Amounts payable after more than one year | 17 | €118,597 | €109,567 | -€9,030 | -7.6% |
| Financial debts | 170/4 | €115,747 | €106,267 | -€9,480 | -8.2% |
| Other amounts payable | 178/9 | €2,850 | €3,300 | +€450 | +15.8% |
| Amounts payable within one year | 42/48 | €456,250 | €454,640 | -€1,610 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €9,332 | €9,479 | +€147 | +1.6% |
| Trade debts | 44 | €99 | €189 | +€90 | +91.1% |
| Suppliers | 440/4 | €99 | €189 | +€90 | +91.1% |
| Other amounts payable | 47/48 | €446,818 | €444,971 | -€1,847 | -0.4% |
| Accrued charges and deferred income | 492/3 | €321 | - | -€321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,328 | €48,611 | -€3,717 | -7.1% |
| Other operating charges | 640/8 | €6,589 | €9,342 | +€2,753 | +41.8% |
| Gross operating margin | 9900 | €33,930 | €250,280 | +€216,350 | +637.6% |
| Operating profit (loss) | 9901 | -€24,987 | €192,327 | +€217,314 | |
| Financial charges | 65/66B | €4,097 | €2,983 | -€1,114 | -27.2% |
| Recurring financial charges | 65 | €4,097 | €2,983 | -€1,114 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | -€29,084 | €189,345 | +€218,429 | |
| Transfer from deferred taxes | 780 | €4,724 | €4,700 | -€24 | -0.5% |
| Income taxes | 67/77 | - | €44,916 | +€44,916 | |
| Profit (loss) for the period | 9904 | -€24,360 | €149,129 | +€173,488 | |
| Transfer from tax-exempt reserves | 789 | €14,172 | €14,099 | -€73 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,187 | €163,228 | +€173,415 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.