IMMO NIDE: 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 NIDE
Largest movements
- Tangible fixed assets +€5.9m
up €5.9m (+49.5%), from €11.9m to €17.8m
of which Land and buildings: +€5.9m
- Receivables within one year +€624,000
up €624,000 (+62.0%), from €1.0m to €1.6m
of which Other amounts receivable: +€624,000
- Debts after one year +€6.1m
up €6.1m (+53.1%), from €11.6m to €17.7m
- Gross operating margin +€243,629
up €243,629 (+25.3%), from €961,329 to €1.2m
- Depreciation +€102,406
up €102,406 (+24.2%), from €422,840 to €525,246
- Financial income -€70,121
down €70,121 (-100.0%), from €70,121 to €0
of which Non-recurring financial income: -€65,000
- Taxes +€53,051
up €53,051 (+1003.5%), from €5,287 to €58,337
- Financial charges +€16,898
up €16,898 (+3.9%), from €430,401 to €447,299
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 | €13,083,966 | €19,546,826 | +€6.5m | +49.4% |
| Fixed assets | 21/28 | €11,891,769 | €17,783,069 | +€5.9m | +49.5% |
| Tangible fixed assets | 22/27 | €11,891,769 | €17,783,069 | +€5.9m | +49.5% |
| Land and buildings | 22 | €11,872,528 | €17,772,141 | +€5.9m | +49.7% |
| Plant, machinery and equipment | 23 | - | €3,073 | +€3,073 | |
| Furniture and vehicles | 24 | €19,242 | €7,855 | -€11,387 | -59.2% |
| Current assets | 29/58 | €1,192,197 | €1,763,757 | +€571,561 | +47.9% |
| Amounts receivable within one year | 40/41 | €1,006,000 | €1,630,000 | +€624,000 | +62.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,006,000 | €1,630,000 | +€624,000 | +62.0% |
| Cash at bank and in hand | 54/58 | €136,735 | €108,405 | -€28,330 | -20.7% |
| Deferred charges and accrued income | 490/1 | €49,461 | €25,352 | -€24,109 | -48.7% |
| Total equity and liabilities | 10/49 | €13,083,966 | €19,546,826 | +€6.5m | +49.4% |
| Equity | 10/15 | €1,398,139 | €1,571,113 | +€172,974 | +12.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €581,902 | €697,557 | +€115,656 | +19.9% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Tax-exempt reserves | 132 | €225,652 | €130,807 | -€94,844 | -42.0% |
| Distributable reserves | 133 | €356,000 | €566,500 | +€210,500 | +59.1% |
| Profit (loss) carried forward | 14 | €813,737 | €871,056 | +€57,318 | +7.0% |
| Amounts payable | 17/49 | €11,685,827 | €17,975,713 | +€6.3m | +53.8% |
| Amounts payable after more than one year | 17 | €11,573,728 | €17,713,929 | +€6.1m | +53.1% |
| Financial debts | 170/4 | €11,573,728 | €17,713,929 | +€6.1m | +53.1% |
| Amounts payable within one year | 42/48 | €112,099 | €261,784 | +€149,685 | +133.5% |
| Trade debts | 44 | €5,662 | €48,775 | +€43,113 | +761.5% |
| Suppliers | 440/4 | €5,662 | €48,775 | +€43,113 | +761.5% |
| Taxes, remuneration and social security | 45 | €2,959 | €33,717 | +€30,758 | +1039.4% |
| Taxes | 450/3 | €2,959 | €33,717 | +€30,758 | +1039.4% |
| Other amounts payable | 47/48 | €103,478 | €179,293 | +€75,815 | +73.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422,840 | €525,246 | +€102,406 | +24.2% |
| Other operating charges | 640/8 | €1,243 | €1,101 | -€142 | -11.4% |
| Gross operating margin | 9900 | €961,329 | €1,204,958 | +€243,629 | +25.3% |
| Operating profit (loss) | 9901 | €537,246 | €678,611 | +€141,365 | +26.3% |
| Financial income | 75/76B | €70,121 | €0 | -€70,121 | -100.0% |
| Recurring financial income | 75 | €5,121 | €0 | -€5,121 | -100.0% |
| Non-recurring financial income | 76B | €65,000 | €0 | -€65,000 | -100.0% |
| Financial charges | 65/66B | €430,401 | €447,299 | +€16,898 | +3.9% |
| Recurring financial charges | 65 | €430,401 | €447,299 | +€16,898 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €176,966 | €231,311 | +€54,346 | +30.7% |
| Income taxes | 67/77 | €5,287 | €58,337 | +€53,051 | +1003.5% |
| Profit (loss) for the period | 9904 | €171,679 | €172,974 | +€1,295 | +0.8% |
| Transfer from tax-exempt reserves | 789 | €356,000 | €210,500 | -€145,500 | -40.9% |
| Transfer to tax-exempt reserves | 689 | €15,152 | €115,656 | +€100,504 | +663.3% |
| Profit (loss) for the period to be appropriated | 9905 | €512,527 | €267,818 | -€244,709 | -47.7% |
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 1 October 2026 via checked.be.