Immo Nekker: 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 Nekker
Largest movements
- Tangible fixed assets -€401,816
no longer reported in 2025 (was €401,816)
- Receivables within one year +€291,176
up €291,176 (+178.3%), from €163,303 to €454,478
- Stocks and contracts +€255,106
up €255,106 (+255.1%), from €100,000 to €355,106
- Cash +€224,085
up €224,085 (+940.6%), from €23,823 to €247,909
mainly Investment in fixed assets (net) (+€401,816) and Net result for the year (+€291,941)
- Deferred charges and accrued income -€19,353
down €19,353 (-100.0%), from €19,353 to €0
- Profit (loss) carried forward +€291,941
up €291,941 (+48.3%), from -€604,207 to -€312,266
- Tax, wage and social debts +€54,856
new in 2025: €54,856
- Gross operating margin +€330,334
up €330,334, from -€4,912 to €325,422
- Taxes +€54,856
new in 2025: €54,856
- Financial income -€45,555
down €45,555 (-67.3%), from €67,666 to €22,110
- Other operating charges -€19,541
down €19,541 (-96.6%), from €20,230 to €689
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 | €708,296 | €1,057,493 | +€349,197 | +49.3% |
| Fixed assets | 21/28 | €401,816 | - | -€401,816 | |
| Tangible fixed assets | 22/27 | €401,816 | - | -€401,816 | |
| Land and buildings | 22 | €401,816 | - | -€401,816 | |
| Current assets | 29/58 | €306,480 | €1,057,493 | +€751,013 | +245.0% |
| Stocks and contracts in progress | 3 | €100,000 | €355,106 | +€255,106 | +255.1% |
| Stocks | 30/36 | €100,000 | €355,106 | +€255,106 | +255.1% |
| Amounts receivable within one year | 40/41 | €163,303 | €454,478 | +€291,176 | +178.3% |
| Other amounts receivable | 41 | €163,303 | €454,478 | +€291,176 | +178.3% |
| Cash at bank and in hand | 54/58 | €23,823 | €247,909 | +€224,085 | +940.6% |
| Deferred charges and accrued income | 490/1 | €19,353 | €0 | -€19,353 | -100.0% |
| Total equity and liabilities | 10/49 | €708,296 | €1,057,493 | +€349,197 | +49.3% |
| Equity | 10/15 | €626,307 | €918,248 | +€291,941 | +46.6% |
| Contributions | 10/11 | €862,717 | €862,717 | = | 0.0% |
| Outside capital | 11 | €862,717 | €862,717 | = | 0.0% |
| Other | 1109/19 | €862,717 | €862,717 | = | 0.0% |
| Revaluation surpluses | 12 | €229,548 | €229,548 | = | 0.0% |
| Reserves | 13 | €138,250 | €138,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €114,700 | €114,700 | = | 0.0% |
| Legal reserve | 130 | €114,700 | €114,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,550 | €23,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€604,207 | -€312,266 | +€291,941 | +48.3% |
| Amounts payable | 17/49 | €81,989 | €139,244 | +€57,256 | +69.8% |
| Amounts payable after more than one year | 17 | €65,000 | €65,000 | = | 0.0% |
| Financial debts | 170/4 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,989 | €74,244 | +€57,256 | +337.0% |
| Taxes, remuneration and social security | 45 | - | €54,856 | +€54,856 | |
| Taxes | 450/3 | - | €54,856 | +€54,856 | |
| Other amounts payable | 47/48 | €16,989 | €19,389 | +€2,400 | +14.1% |
| Other operating charges | 640/8 | €20,230 | €689 | -€19,541 | -96.6% |
| Gross operating margin | 9900 | -€4,912 | €325,422 | +€330,334 | |
| Operating profit (loss) | 9901 | -€25,142 | €324,733 | +€349,875 | |
| Financial income | 75/76B | €67,666 | €22,110 | -€45,555 | -67.3% |
| Recurring financial income | 75 | €67,666 | €22,110 | -€45,555 | -67.3% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €42,477 | €346,797 | +€304,320 | +716.4% |
| Income taxes | 67/77 | - | €54,856 | +€54,856 | |
| Profit (loss) for the period | 9904 | €42,477 | €291,941 | +€249,464 | +587.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,477 | €291,941 | +€249,464 | +587.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.