IMMO NC: 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 NC
Largest movements
- Tangible fixed assets -€19,354
down €19,354 (-4.2%), from €460,758 to €441,404
- Debts after one year -€26,491
down €26,491 (-7.2%), from €369,656 to €343,164
- Profit (loss) carried forward +€9,092
up €9,092 (+43.1%), from €21,089 to €30,182
- Financial charges -€1,438
down €1,438 (-9.9%), from €14,596 to €13,158
- Gross operating margin -€1,228
down €1,228 (-2.7%), from €45,494 to €44,266
- Other operating charges -€658
down €658 (-19.8%), from €3,320 to €2,662
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €481,052 | €468,328 | -€12,724 | -2.6% |
| Fixed assets | 21/28 | €460,758 | €441,404 | -€19,354 | -4.2% |
| Tangible fixed assets | 22/27 | €460,758 | €441,404 | -€19,354 | -4.2% |
| Land and buildings | 22 | €460,758 | €441,404 | -€19,354 | -4.2% |
| Current assets | 29/58 | €20,294 | €26,924 | +€6,630 | +32.7% |
| Amounts receivable within one year | 40/41 | €17,873 | €20,708 | +€2,835 | +15.9% |
| Trade receivables | 40 | €17,873 | €18,208 | +€335 | +1.9% |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €2,421 | €6,216 | +€3,795 | +156.8% |
| Total equity and liabilities | 10/49 | €481,052 | €468,328 | -€12,724 | -2.6% |
| Equity | 10/15 | €39,689 | €48,782 | +€9,092 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,089 | €30,182 | +€9,092 | +43.1% |
| Amounts payable | 17/49 | €441,363 | €419,546 | -€21,816 | -4.9% |
| Amounts payable after more than one year | 17 | €369,656 | €343,164 | -€26,491 | -7.2% |
| Financial debts | 170/4 | €369,656 | €343,164 | -€26,491 | -7.2% |
| Amounts payable within one year | 42/48 | €68,495 | €73,170 | +€4,675 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €25,645 | €26,491 | +€846 | +3.3% |
| Trade debts | 44 | €2,692 | €6,876 | +€4,183 | +155.4% |
| Suppliers | 440/4 | €2,692 | €6,876 | +€4,183 | +155.4% |
| Taxes, remuneration and social security | 45 | €3,325 | €2,970 | -€355 | -10.7% |
| Taxes | 450/3 | €3,325 | €2,970 | -€355 | -10.7% |
| Other amounts payable | 47/48 | €36,833 | €36,833 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,212 | €3,212 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,354 | €19,354 | = | 0.0% |
| Other operating charges | 640/8 | €3,320 | €2,662 | -€658 | -19.8% |
| Gross operating margin | 9900 | €45,494 | €44,266 | -€1,228 | -2.7% |
| Operating profit (loss) | 9901 | €22,820 | €22,250 | -€570 | -2.5% |
| Financial charges | 65/66B | €14,596 | €13,158 | -€1,438 | -9.9% |
| Recurring financial charges | 65 | €14,596 | €13,158 | -€1,438 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €8,224 | €9,092 | +€869 | +10.6% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €8,224 | €9,092 | +€869 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,224 | €9,092 | +€869 | +10.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.