IMMO NIHON: 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 NIHON
Largest movements
- Tangible fixed assets +€5,149
up €5,149 (+83.1%), from €6,197 to €11,347
of which Land and buildings: +€5,149
- Cash -€3,531
down €3,531 (-78.3%), from €4,511 to €979
mainly Investment in fixed assets (net) (-€5,309) and Net result for the year (-€2,560)
- Other debts +€3,211
up €3,211 (+44.4%), from €7,238 to €10,449
- Profit (loss) carried forward -€2,560
down €2,560 (-23.2%), from -€11,046 to -€13,606
- Trade debts +€996
up €996 (+257.2%), from €387 to €1,384
- Gross operating margin -€4,661
down €4,661, from €4,275 to -€385
- Depreciation -€254
down €254 (-61.3%), from €414 to €160
- Other operating charges +€82
up €82 (+4.5%), from €1,824 to €1,906
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 | €11,374 | €13,014 | +€1,640 | +14.4% |
| Fixed assets | 21/28 | €6,197 | €11,347 | +€5,149 | +83.1% |
| Tangible fixed assets | 22/27 | €6,197 | €11,347 | +€5,149 | +83.1% |
| Land and buildings | 22 | €6,197 | €11,347 | +€5,149 | +83.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €5,177 | €1,667 | -€3,510 | -67.8% |
| Cash at bank and in hand | 54/58 | €4,511 | €979 | -€3,531 | -78.3% |
| Deferred charges and accrued income | 490/1 | €667 | €688 | +€21 | +3.2% |
| Total equity and liabilities | 10/49 | €11,374 | €13,014 | +€1,640 | +14.4% |
| Equity | 10/15 | €3,733 | €1,172 | -€2,560 | -68.6% |
| Contributions | 10/11 | €14,600 | €14,600 | = | 0.0% |
| Reserves | 13 | €179 | €179 | = | 0.0% |
| Non-distributable reserves | 130/1 | €179 | €179 | = | 0.0% |
| Reserves not available under the articles | 1311 | €179 | €179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,046 | -€13,606 | -€2,560 | -23.2% |
| Amounts payable | 17/49 | €7,642 | €11,842 | +€4,200 | +55.0% |
| Amounts payable within one year | 42/48 | €7,642 | €11,842 | +€4,200 | +55.0% |
| Financial debts | 43 | €16 | €9 | -€7 | -44.9% |
| Credit institutions | 430/8 | €16 | €9 | -€7 | -44.9% |
| Trade debts | 44 | €387 | €1,384 | +€996 | +257.2% |
| Suppliers | 440/4 | €387 | €1,384 | +€996 | +257.2% |
| Other amounts payable | 47/48 | €7,238 | €10,449 | +€3,211 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414 | €160 | -€254 | -61.3% |
| Other operating charges | 640/8 | €1,824 | €1,906 | +€82 | +4.5% |
| Gross operating margin | 9900 | €4,275 | -€385 | -€4,661 | |
| Operating profit (loss) | 9901 | €2,037 | -€2,451 | -€4,489 | |
| Financial charges | 65/66B | €113 | €109 | -€4 | -3.4% |
| Recurring financial charges | 65 | €113 | €109 | -€4 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €1,925 | -€2,560 | -€4,485 | |
| Profit (loss) for the period | 9904 | €1,925 | -€2,560 | -€4,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,925 | -€2,560 | -€4,485 |
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 28 September 2026 via checked.be.