IMMO NEVE: what changed
Two financial 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 NEVE
Largest movements
- Tangible fixed assets -€19,967
down €19,967 (-2.0%), from €1.0m to €983,610
- Debts after one year -€46,810
down €46,810 (-11.4%), from €411,670 to €364,860
of which Financial debts: -€52,010
- Other debts +€13,086
up €13,086 (+7.2%), from €182,215 to €195,301
- Gross operating margin +€8,518
up €8,518 (+18.9%), from €45,045 to €53,563
- Taxes +€2,017
up €2,017 (+137%), from €1,474 to €3,491
- Other operating charges +€1,079
up €1,079 (+16.3%), from €6,608 to €7,686
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.
Derived cash bridge
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 | €1,037,048 | €1,012,910 | -€24,138 | -2.3% |
| Fixed assets | 21/28 | €1,003,576 | €983,610 | -€19,967 | -2.0% |
| Tangible fixed assets | 22/27 | €1,003,576 | €983,610 | -€19,967 | -2.0% |
| Land and buildings | 22 | €1,003,576 | €983,610 | -€19,967 | -2.0% |
| Current assets | 29/58 | €33,472 | €29,301 | -€4,171 | -12.5% |
| Amounts receivable within one year | 40/41 | €30,766 | €27,985 | -€2,781 | -9.0% |
| Trade receivables | 40 | €30,766 | €27,985 | -€2,781 | -9.0% |
| Cash at bank and in hand | 54/58 | €1,445 | €2 | -€1,443 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,261 | €1,314 | +€52 | +4.2% |
| Total equity and liabilities | 10/49 | €1,037,048 | €1,012,910 | -€24,138 | -2.3% |
| Equity | 10/15 | €339,575 | €343,766 | +€4,191 | +1.2% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Revaluation surpluses | 12 | €294,600 | €289,200 | -€5,400 | -1.8% |
| Reserves | 13 | €5,400 | €10,800 | +€5,400 | +100% |
| Distributable reserves | 133 | €5,400 | €10,800 | +€5,400 | +100% |
| Profit (loss) carried forward | 14 | €17,075 | €21,266 | +€4,191 | +24.5% |
| Amounts payable | 17/49 | €697,473 | €669,145 | -€28,329 | -4.1% |
| Amounts payable after more than one year | 17 | €411,670 | €364,860 | -€46,810 | -11.4% |
| Financial debts | 170/4 | €311,170 | €259,160 | -€52,010 | -16.7% |
| Other amounts payable | 178/9 | €100,500 | €105,700 | +€5,200 | +5.2% |
| Amounts payable within one year | 42/48 | €285,803 | €304,285 | +€18,482 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €55,447 | €55,068 | -€379 | -0.7% |
| Financial debts | 43 | - | €12 | +€12 | |
| Credit institutions | 430/8 | - | €12 | +€12 | |
| Trade debts | 44 | €45,142 | €47,301 | +€2,159 | +4.8% |
| Suppliers | 440/4 | €45,142 | €47,301 | +€2,159 | +4.8% |
| Taxes, remuneration and social security | 45 | €2,999 | €6,604 | +€3,605 | +120% |
| Taxes | 450/3 | €2,999 | €6,604 | +€3,605 | +120% |
| Other amounts payable | 47/48 | €182,215 | €195,301 | +€13,086 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,967 | €19,967 | = | 0.0% |
| Other operating charges | 640/8 | €6,608 | €7,686 | +€1,079 | +16.3% |
| Gross operating margin | 9900 | €45,045 | €53,563 | +€8,518 | +18.9% |
| Operating profit (loss) | 9901 | €18,471 | €25,910 | +€7,439 | +40.3% |
| Financial income | 75/76B | - | €153 | +€153 | |
| Recurring financial income | 75 | - | €153 | +€153 | |
| Financial charges | 65/66B | €18,460 | €18,382 | -€78 | -0.4% |
| Recurring financial charges | 65 | €18,460 | €18,382 | -€78 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €11 | €7,682 | +€7,671 | +70,181% |
| Income taxes | 67/77 | €1,474 | €3,491 | +€2,017 | +137% |
| Profit (loss) for the period | 9904 | -€1,464 | €4,191 | +€5,654 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,464 | €4,191 | +€5,654 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.