IMMO NIENO: 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 NIENO
Largest movements
- Current investments +€199,023
up €199,023 (+19.1%), from €1.0m to €1.2m
- Reserves +€199,307
up €199,307 (+13.6%), from €1.5m to €1.7m
of which Distributable reserves: +€199,307
- Financial income -€245,984
down €245,984 (-58.1%), from €423,559 to €177,575
- Financial charges +€33,561
up €33,561, from -€12,172 to €21,389
- Taxes -€12,376
down €12,376 (-19.4%), from €63,777 to €51,401
- Gross operating margin +€6,562
up €6,562 (+7.3%), from €90,111 to €96,673
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 | €1,865,953 | €2,047,336 | +€181,383 | +9.7% |
| Fixed assets | 21/28 | €718,991 | €718,991 | = | 0.0% |
| Financial fixed assets | 28 | €718,991 | €718,991 | = | 0.0% |
| Current assets | 29/58 | €1,146,962 | €1,328,346 | +€181,383 | +15.8% |
| Amounts receivable within one year | 40/41 | €30,250 | €30,250 | = | 0.0% |
| Trade receivables | 40 | €30,250 | €30,250 | = | 0.0% |
| Current investments | 50/53 | €1,039,896 | €1,238,920 | +€199,023 | +19.1% |
| Cash at bank and in hand | 54/58 | €74,243 | €58,280 | -€15,963 | -21.5% |
| Deferred charges and accrued income | 490/1 | €2,572 | €896 | -€1,677 | -65.2% |
| Total equity and liabilities | 10/49 | €1,865,953 | €2,047,336 | +€181,383 | +9.7% |
| Equity | 10/15 | €1,547,618 | €1,746,925 | +€199,307 | +12.9% |
| Contributions | 10/11 | €85,550 | €85,550 | = | 0.0% |
| Capital | 10 | €85,550 | €85,550 | = | 0.0% |
| Issued capital | 100 | €85,550 | €85,550 | = | 0.0% |
| Reserves | 13 | €1,462,068 | €1,661,375 | +€199,307 | +13.6% |
| Non-distributable reserves | 130/1 | €12,055 | €12,055 | = | 0.0% |
| Legal reserve | 130 | €12,055 | €12,055 | = | 0.0% |
| Distributable reserves | 133 | €1,450,013 | €1,649,320 | +€199,307 | +13.7% |
| Amounts payable | 17/49 | €318,335 | €300,411 | -€17,924 | -5.6% |
| Amounts payable within one year | 42/48 | €295,205 | €280,278 | -€14,927 | -5.1% |
| Trade debts | 44 | €8,378 | €6,302 | -€2,076 | -24.8% |
| Suppliers | 440/4 | €8,378 | €6,302 | -€2,076 | -24.8% |
| Taxes, remuneration and social security | 45 | €33,384 | €20,532 | -€12,851 | -38.5% |
| Taxes | 450/3 | €33,384 | €20,532 | -€12,851 | -38.5% |
| Other amounts payable | 47/48 | €253,444 | €253,444 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €23,130 | €20,133 | -€2,997 | -13.0% |
| Other operating charges | 640/8 | €2,554 | €2,152 | -€403 | -15.8% |
| Gross operating margin | 9900 | €90,111 | €96,673 | +€6,562 | +7.3% |
| Operating profit (loss) | 9901 | €87,557 | €94,521 | +€6,965 | +8.0% |
| Financial income | 75/76B | €423,559 | €177,575 | -€245,984 | -58.1% |
| Recurring financial income | 75 | €423,559 | €177,575 | -€245,984 | -58.1% |
| Financial charges | 65/66B | -€12,172 | €21,389 | +€33,561 | |
| Recurring financial charges | 65 | -€12,172 | €21,389 | +€33,561 | |
| Profit (loss) for the period before taxes | 9903 | €523,287 | €250,708 | -€272,580 | -52.1% |
| Income taxes | 67/77 | €63,777 | €51,401 | -€12,376 | -19.4% |
| Profit (loss) for the period | 9904 | €459,510 | €199,307 | -€260,203 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €459,510 | €199,307 | -€260,203 | -56.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.