IMMO NAUTA: what changed
What changed
IMMO NAUTA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€12,307
2024 · €16,297-€28,603
Equity
€1.2m
2024 · €964,726+€250,530
Cash
€45,471
2024 · €10,032+€35,440
Balance sheet total
€3.4m
2024 · €1.5m+€1.9m
Largest movements
Assets
- Tangible fixed assets +€1.9m
up €1.9m (+126%), from €1.5m to €3.4m
- Cash +€35,440
up €35,440 (+353%), from €10,032 to €45,471
mainly Debts after one year (+€1.2m) and Trade debts (+€390,025)
Equity and liabilities
- Debts after one year +€1.2m
up €1.2m (+258%), from €473,156 to €1.7m
- Trade debts +€390,025
up €390,025 (+1,447,755%), from €27 to €390,052
- Reserves +€235,556
up €235,556 (+214%), from €109,905 to €345,460
of which Distributable reserves: +€225,253
- Current portion of long-term debt +€54,939
up €54,939 (+169%), from €32,455 to €87,394
Income statement
- Depreciation +€47,369
up €47,369 (+180%), from €26,368 to €73,737
- Gross operating margin +€20,476
up €20,476 (+31.7%), from €64,565 to €85,041
- Financial charges +€7,580
up €7,580 (+60.3%), from €12,562 to €20,142
- Taxes -€5,432
no longer reported in 2025 (was €5,432)
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.
Result 2024
€16,297
Gross operating margin
+€20,476
Depreciation
-€47,369
Other operating charges
-€123
Financial income
+€560
Financial charges
-€7,580
Taxes
+€5,432
Result 2025
-€12,307
raises the resultlowers the result
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.
From operations
+€454,969
Investment
-€2.0m
Financing
+€1.5m
Cash 2024
€10,032
From operations (derived)
+€454,969
Net result for the year
-€12,307
Depreciation
+€73,737
Smaller working-capital items
-€2,902
Trade debts
+€390,025
Other debts
+€6,416
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€2.0m
Financing
+€1.5m
Debts after one year
+€1.2m
Current portion of long-term debt
+€54,939
Contributions, distributions and other
+€262,837
Cash 2025
€45,471
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,508,220 | €3,428,613 | +€1.9m | +127% |
| Fixed assets | 21/28 | €1,498,075 | €3,380,133 | +€1.9m | +126% |
| Tangible fixed assets | 22/27 | €1,498,075 | €3,380,133 | +€1.9m | +126% |
| Land and buildings | 22 | €1,498,075 | €3,380,133 | +€1.9m | +126% |
| Current assets | 29/58 | €10,144 | €48,480 | +€38,335 | +378% |
| Amounts receivable within one year | 40/41 | €113 | €3,008 | +€2,896 | +2,570% |
| Other amounts receivable | 41 | €113 | €3,008 | +€2,896 | +2,570% |
| Cash at bank and in hand | 54/58 | €10,032 | €45,471 | +€35,440 | +353% |
| Total equity and liabilities | 10/49 | €1,508,220 | €3,428,613 | +€1.9m | +127% |
| Equity | 10/15 | €964,726 | €1,215,256 | +€250,530 | +26.0% |
| Contributions | 10/11 | €800,000 | €827,281 | +€27,281 | +3.4% |
| Contributions outside capital | 11 | €800,000 | €827,281 | +€27,281 | +3.4% |
| Other | 1109/19 | €800,000 | €827,281 | +€27,281 | +3.4% |
| Reserves | 13 | €109,905 | €345,460 | +€235,556 | +214% |
| Non-distributable reserves | 130/1 | €13,558 | €16,286 | +€2,728 | +20.1% |
| Reserves not available under the articles | 1311 | €13,558 | €16,286 | +€2,728 | +20.1% |
| Tax-exempt reserves | 132 | - | €7,574 | +€7,574 | |
| Distributable reserves | 133 | €96,347 | €321,600 | +€225,253 | +234% |
| Profit (loss) carried forward | 14 | €54,822 | €42,515 | -€12,307 | -22.4% |
| Amounts payable | 17/49 | €543,493 | €2,213,356 | +€1.7m | +307% |
| Amounts payable after more than one year | 17 | €473,156 | €1,691,646 | +€1.2m | +258% |
| Financial debts | 170/4 | €473,156 | €1,691,646 | +€1.2m | +258% |
| Amounts payable within one year | 42/48 | €69,308 | €520,687 | +€451,380 | +651% |
| Current portion of amounts payable after more than one year | 42 | €32,455 | €87,394 | +€54,939 | +169% |
| Trade debts | 44 | €27 | €390,052 | +€390,025 | +1,447,755% |
| Suppliers | 440/4 | €27 | €390,052 | +€390,025 | +1,447,755% |
| Taxes, remuneration and social security | 45 | €432 | €432 | = | 0.0% |
| Taxes | 450/3 | €432 | €432 | = | 0.0% |
| Other amounts payable | 47/48 | €36,393 | €42,809 | +€6,416 | +17.6% |
| Accrued charges and deferred income | 492/3 | €1,030 | €1,023 | -€7 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,368 | €73,737 | +€47,369 | +180% |
| Other operating charges | 640/8 | €3,906 | €4,029 | +€123 | +3.1% |
| Gross operating margin | 9900 | €64,565 | €85,041 | +€20,476 | +31.7% |
| Operating profit (loss) | 9901 | €34,291 | €7,275 | -€27,016 | -78.8% |
| Financial income | 75/76B | - | €560 | +€560 | |
| Recurring financial income | 75 | - | €560 | +€560 | |
| Financial charges | 65/66B | €12,562 | €20,142 | +€7,580 | +60.3% |
| Recurring financial charges | 65 | €12,562 | €20,142 | +€7,580 | +60.3% |
| Profit (loss) for the period before taxes | 9903 | €21,729 | -€12,307 | -€34,036 | |
| Income taxes | 67/77 | €5,432 | - | -€5,432 | |
| Profit (loss) for the period | 9904 | €16,297 | -€12,307 | -€28,603 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,297 | -€12,307 | -€28,603 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.