Immo Noble: 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 Noble
Largest movements
- Receivables within one year -€21,513
down €21,513 (-65.1%), from €33,050 to €11,538
of which Trade receivables: -€21,279
- Cash +€13,329
up €13,329 (+2596.8%), from €513 to €13,842
mainly Receivables within one year (+€21,513) and Net result for the year (+€17,989)
- Other debts -€31,000
down €31,000 (-99.4%), from €31,198 to €198
- Profit (loss) carried forward +€17,989
up €17,989 (+92.4%), from -€19,478 to -€1,489
- Trade debts +€2,889
up €2,889 (+75.2%), from €3,844 to €6,733
- Tax, wage and social debts +€1,938
up €1,938, from €0 to €1,938
of which Taxes: +€1,938
- Staff costs -€20,535
down €20,535 (-100.0%), from €20,535 to €0
- Gross operating margin -€4,230
down €4,230 (-18.4%), from €22,967 to €18,737
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 | €33,564 | €25,380 | -€8,184 | -24.4% |
| Current assets | 29/58 | €33,564 | €25,380 | -€8,184 | -24.4% |
| Amounts receivable within one year | 40/41 | €33,050 | €11,538 | -€21,513 | -65.1% |
| Trade receivables | 40 | €32,653 | €11,374 | -€21,279 | -65.2% |
| Other amounts receivable | 41 | €397 | €164 | -€233 | -58.8% |
| Cash at bank and in hand | 54/58 | €513 | €13,842 | +€13,329 | +2596.8% |
| Total equity and liabilities | 10/49 | €33,564 | €25,380 | -€8,184 | -24.4% |
| Equity | 10/15 | -€1,478 | €16,511 | +€17,989 | |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,478 | -€1,489 | +€17,989 | +92.4% |
| Amounts payable | 17/49 | €35,042 | €8,869 | -€26,173 | -74.7% |
| Amounts payable within one year | 42/48 | €35,042 | €8,869 | -€26,173 | -74.7% |
| Trade debts | 44 | €3,844 | €6,733 | +€2,889 | +75.2% |
| Suppliers | 440/4 | €3,844 | €6,733 | +€2,889 | +75.2% |
| Taxes, remuneration and social security | 45 | €0 | €1,938 | +€1,938 | |
| Taxes | 450/3 | €0 | €1,938 | +€1,938 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €31,198 | €198 | -€31,000 | -99.4% |
| Remuneration, social security and pensions | 62 | €20,535 | €0 | -€20,535 | -100.0% |
| Other operating charges | 640/8 | €476 | €462 | -€14 | -2.9% |
| Gross operating margin | 9900 | €22,967 | €18,737 | -€4,230 | -18.4% |
| Operating profit (loss) | 9901 | €1,957 | €18,276 | +€16,319 | +833.9% |
| Financial charges | 65/66B | €230 | €286 | +€56 | +24.4% |
| Recurring financial charges | 65 | €230 | €286 | +€56 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €1,727 | €17,989 | +€16,263 | +941.8% |
| Profit (loss) for the period | 9904 | €1,727 | €17,989 | +€16,263 | +941.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,727 | €17,989 | +€16,263 | +941.8% |
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 8 October 2026 via checked.be.