IMMO NHA: 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 NHA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€26,048
down €26,048 (-6.0%), from €432,750 to €406,701
of which Financial debts: -€26,548
- Profit (loss) carried forward +€15,679
up €15,679 (+42.8%), from -€36,657 to -€20,978
- Trade debts +€9,562
up €9,562 (+892%), from €1,072 to €10,634
- Other debts +€6,832
up €6,832 (+4.5%), from €153,262 to €160,094
- Turnover +€51,673
up €51,673 (+664%), from €7,777 to €59,450
- Gross operating margin +€45,481
up €45,481, from -€2,589 to €42,892
- Depreciation -€19,544
down €19,544 (-69.0%), from €28,332 to €8,788
- Financial charges +€11,745
up €11,745 (+285%), from €4,119 to €15,864
- Purchases and services +€5,967
up €5,967 (+56.3%), from €10,591 to €16,558
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 | €581,621 | €588,546 | +€6,924 | +1.2% |
| Fixed assets | 21/28 | €549,667 | €555,319 | +€5,652 | +1.0% |
| Tangible fixed assets | 22/27 | €174,667 | €180,319 | +€5,652 | +3.2% |
| Land and buildings | 22 | €174,667 | €180,319 | +€5,652 | +3.2% |
| Financial fixed assets | 28 | €375,000 | €375,000 | = | 0.0% |
| Current assets | 29/58 | €31,954 | €33,226 | +€1,273 | +4.0% |
| Stocks and contracts in progress | 3 | €24,156 | €24,156 | = | 0.0% |
| Stocks | 30/36 | €24,156 | €24,156 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,525 | €1,305 | -€220 | -14.5% |
| Trade receivables | 40 | €0 | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €1,525 | €95 | -€1,430 | -93.8% |
| Cash at bank and in hand | 54/58 | €5,639 | €7,766 | +€2,127 | +37.7% |
| Deferred charges and accrued income | 490/1 | €634 | €0 | -€634 | -100% |
| Total equity and liabilities | 10/49 | €581,621 | €588,546 | +€6,924 | +1.2% |
| Equity | 10/15 | -€31,657 | -€15,978 | +€15,679 | +49.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,657 | -€20,978 | +€15,679 | +42.8% |
| Amounts payable | 17/49 | €613,278 | €604,523 | -€8,754 | -1.4% |
| Amounts payable after more than one year | 17 | €432,750 | €406,701 | -€26,048 | -6.0% |
| Financial debts | 170/4 | €432,250 | €405,701 | -€26,548 | -6.1% |
| Other amounts payable | 178/9 | €500 | €1,000 | +€500 | +100% |
| Amounts payable within one year | 42/48 | €180,528 | €197,822 | +€17,294 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €25,652 | €26,548 | +€896 | +3.5% |
| Trade debts | 44 | €1,072 | €10,634 | +€9,562 | +892% |
| Suppliers | 440/4 | €1,072 | €10,634 | +€9,562 | +892% |
| Taxes, remuneration and social security | 45 | €542 | €545 | +€3 | +0.6% |
| Taxes | 450/3 | €542 | €545 | +€3 | +0.6% |
| Other amounts payable | 47/48 | €153,262 | €160,094 | +€6,832 | +4.5% |
| Turnover | 70 | €7,777 | €59,450 | +€51,673 | +664% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,591 | €16,558 | +€5,967 | +56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,332 | €8,788 | -€19,544 | -69.0% |
| Other operating charges | 640/8 | €1,616 | €2,561 | +€945 | +58.5% |
| Gross operating margin | 9900 | -€2,589 | €42,892 | +€45,481 | |
| Operating profit (loss) | 9901 | -€32,537 | €31,543 | +€64,080 | |
| Financial charges | 65/66B | €4,119 | €15,864 | +€11,745 | +285% |
| Recurring financial charges | 65 | €4,119 | €15,864 | +€11,745 | +285% |
| Profit (loss) for the period before taxes | 9903 | -€36,657 | €15,679 | +€52,335 | |
| Profit (loss) for the period | 9904 | -€36,657 | €15,679 | +€52,335 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,657 | €15,679 | +€52,335 |
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 22 October 2026 via checked.be.