IMMO NIKOS: 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 NIKOS
Largest movements
- Stocks and contracts -€57,295
down €57,295 (-56.6%), from €101,234 to €43,939
of which Stocks: -€65,133
- Tangible fixed assets +€28,364
up €28,364 (+294.8%), from €9,621 to €37,985
- Receivables within one year +€13,630
up €13,630 (+51.2%), from €26,613 to €40,243
of which Other amounts receivable: +€8,901
- Cash -€7,170
down €7,170 (-88.8%), from €8,077 to €907
mainly Investment in fixed assets (net) (-€38,811) and Other debts (-€16,437)
- Other debts -€16,437
down €16,437 (-20.0%), from €82,338 to €65,901
- Profit (loss) carried forward +€14,837
up €14,837 (+954.8%), from €1,554 to €16,391
- Advances received -€14,813
no longer reported in 2025 (was €14,813)
- Trade debts -€12,172
down €12,172 (-30.0%), from €40,529 to €28,357
- Tax, wage and social debts +€7,145
new in 2025: €7,145
- Turnover +€104,216
up €104,216 (+46.0%), from €226,426 to €330,642
- Purchases and services +€71,547
up €71,547 (+35.5%), from €201,495 to €273,042
- Gross operating margin +€32,669
up €32,669 (+131.0%), from €24,931 to €57,600
- Staff costs +€7,464
up €7,464 (+39.1%), from €19,097 to €26,561
- Depreciation +€6,064
up €6,064 (+180.9%), from €3,353 to €9,417
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 | €159,694 | €138,254 | -€21,440 | -13.4% |
| Fixed assets | 21/28 | €10,825 | €40,219 | +€29,394 | +271.5% |
| Tangible fixed assets | 22/27 | €9,621 | €37,985 | +€28,364 | +294.8% |
| Plant, machinery and equipment | 23 | €9,621 | €37,985 | +€28,364 | +294.8% |
| Financial fixed assets | 28 | €1,204 | €2,234 | +€1,030 | +85.5% |
| Current assets | 29/58 | €148,869 | €98,035 | -€50,834 | -34.1% |
| Stocks and contracts in progress | 3 | €101,234 | €43,939 | -€57,295 | -56.6% |
| Stocks | 30/36 | €65,133 | - | -€65,133 | |
| Contracts in progress | 37 | €36,101 | €43,939 | +€7,838 | +21.7% |
| Amounts receivable within one year | 40/41 | €26,613 | €40,243 | +€13,630 | +51.2% |
| Trade receivables | 40 | - | €4,729 | +€4,729 | |
| Other amounts receivable | 41 | €26,613 | €35,514 | +€8,901 | +33.4% |
| Cash at bank and in hand | 54/58 | €8,077 | €907 | -€7,170 | -88.8% |
| Deferred charges and accrued income | 490/1 | €12,945 | €12,946 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €159,694 | €138,254 | -€21,440 | -13.4% |
| Equity | 10/15 | €22,014 | €36,851 | +€14,837 | +67.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €1,554 | €16,391 | +€14,837 | +954.8% |
| Amounts payable | 17/49 | €137,680 | €101,403 | -€36,277 | -26.3% |
| Amounts payable within one year | 42/48 | €137,680 | €101,403 | -€36,277 | -26.3% |
| Trade debts | 44 | €40,529 | €28,357 | -€12,172 | -30.0% |
| Suppliers | 440/4 | €40,529 | €28,357 | -€12,172 | -30.0% |
| Advances received on contracts in progress | 46 | €14,813 | - | -€14,813 | |
| Taxes, remuneration and social security | 45 | - | €7,145 | +€7,145 | |
| Taxes | 450/3 | - | €7,145 | +€7,145 | |
| Other amounts payable | 47/48 | €82,338 | €65,901 | -€16,437 | -20.0% |
| Turnover | 70 | €226,426 | €330,642 | +€104,216 | +46.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €201,495 | €273,042 | +€71,547 | +35.5% |
| Remuneration, social security and pensions | 62 | €19,097 | €26,561 | +€7,464 | +39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,353 | €9,417 | +€6,064 | +180.9% |
| Other operating charges | 640/8 | €1,064 | €726 | -€338 | -31.8% |
| Non-recurring operating charges | 66A | €63 | €478 | +€415 | +658.7% |
| Gross operating margin | 9900 | €24,931 | €57,600 | +€32,669 | +131.0% |
| Operating profit (loss) | 9901 | €1,354 | €20,418 | +€19,064 | +1408.0% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €280 | €1,127 | +€847 | +302.5% |
| Recurring financial charges | 65 | €280 | €1,127 | +€847 | +302.5% |
| Profit (loss) for the period before taxes | 9903 | €1,080 | €19,291 | +€18,211 | +1686.2% |
| Income taxes | 67/77 | - | €4,454 | +€4,454 | |
| Profit (loss) for the period | 9904 | €1,080 | €14,837 | +€13,757 | +1273.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,080 | €14,837 | +€13,757 | +1273.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.