Immo Nolex: what changed
What changed
Immo Nolex
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€3,626
2023 · €76,452-€72,826
Equity
€187,420
2023 · €184,653+€2,767
Cash
€55,204
2023 · €67,359-€12,156
Balance sheet total
€1.1m
2023 · €1.3m-€147,911
Largest movements
Assets
- Receivables within one year -€102,310
down €102,310 (-49.6%), from €206,131 to €103,821
of which Trade receivables: -€86,899
- Tangible fixed assets -€33,151
down €33,151 (-4.3%), from €766,915 to €733,765
Equity and liabilities
- Debts after one year -€418,375
down €418,375 (-43.1%), from €971,487 to €553,112
of which Financial debts: -€295,999
- Current portion of long-term debt +€252,737
up €252,737 (+584%), from €43,262 to €295,999
- Tax, wage and social debts +€20,525
up €20,525 (+77.0%), from €26,665 to €47,189
of which Taxes: +€20,525
Income statement
- Gross operating margin -€82,337
down €82,337 (-54.2%), from €151,933 to €69,596
- Taxes -€18,303
down €18,303 (-92.2%), from €19,850 to €1,547
- Write-downs +€11,377
up €11,377, from -€4,000 to €7,377
- Financial charges +€7,623
up €7,623 (+50.0%), from €15,261 to €22,885
- Other operating charges -€7,443
down €7,443 (-68.1%), from €10,924 to €3,481
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€76,452
Gross operating margin
-€82,337
Write-downs
-€11,377
Other operating charges
+€7,443
Financial income
+€2,766
Financial charges
-€7,623
Taxes
+€18,303
Result 2024
€3,626
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€153,851
Investment
€0
Financing
-€166,007
Cash 2023
€67,359
From operations (derived)
+€153,851
Net result for the year
+€3,626
Depreciation
+€33,446
Receivables within one year
+€102,310
Smaller working-capital items
+€106
Tax, wage and social debts
+€20,525
Other debts
-€6,162
Financing
-€166,007
Debts after one year
-€418,375
Current portion of long-term debt
+€252,737
Short-term financial debts
+€491
Contributions, distributions and other
-€859
Cash 2024
€55,204
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,266,004 | €1,118,092 | -€147,911 | -11.7% |
| Formation expenses | 20 | €711 | €416 | -€295 | -41.5% |
| Fixed assets | 21/28 | €766,915 | €733,765 | -€33,151 | -4.3% |
| Tangible fixed assets | 22/27 | €766,915 | €733,765 | -€33,151 | -4.3% |
| Land and buildings | 22 | €766,915 | €733,765 | -€33,151 | -4.3% |
| Current assets | 29/58 | €498,377 | €383,911 | -€114,466 | -23.0% |
| Stocks and contracts in progress | 3 | €224,886 | €224,886 | = | 0.0% |
| Stocks | 30/36 | €224,886 | €224,886 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €206,131 | €103,821 | -€102,310 | -49.6% |
| Trade receivables | 40 | €90,263 | €3,364 | -€86,899 | -96.3% |
| Other amounts receivable | 41 | €115,868 | €100,457 | -€15,411 | -13.3% |
| Cash at bank and in hand | 54/58 | €67,359 | €55,204 | -€12,156 | -18.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,266,004 | €1,118,092 | -€147,911 | -11.7% |
| Equity | 10/15 | €184,653 | €187,420 | +€2,767 | +1.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €179,653 | €182,420 | +€2,767 | +1.5% |
| Distributable reserves | 133 | €179,653 | €182,420 | +€2,767 | +1.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,081,350 | €930,672 | -€150,679 | -13.9% |
| Amounts payable after more than one year | 17 | €971,487 | €553,112 | -€418,375 | -43.1% |
| Financial debts | 170/4 | €815,218 | €519,219 | -€295,999 | -36.3% |
| Other amounts payable | 178/9 | €156,269 | €33,893 | -€122,377 | -78.3% |
| Amounts payable within one year | 42/48 | €109,864 | €376,902 | +€267,038 | +243% |
| Current portion of amounts payable after more than one year | 42 | €43,262 | €295,999 | +€252,737 | +584% |
| Financial debts | 43 | - | €491 | +€491 | |
| Credit institutions | 430/8 | - | €491 | +€491 | |
| Trade debts | 44 | €20,087 | €19,535 | -€552 | -2.7% |
| Suppliers | 440/4 | €20,087 | €19,535 | -€552 | -2.7% |
| Taxes, remuneration and social security | 45 | €26,665 | €47,189 | +€20,525 | +77.0% |
| Taxes | 450/3 | €26,665 | €47,189 | +€20,525 | +77.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,850 | €13,688 | -€6,162 | -31.0% |
| Accrued charges and deferred income | 492/3 | €0 | €658 | +€658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,446 | €33,446 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,000 | €7,377 | +€11,377 | |
| Other operating charges | 640/8 | €10,924 | €3,481 | -€7,443 | -68.1% |
| Gross operating margin | 9900 | €151,933 | €69,596 | -€82,337 | -54.2% |
| Operating profit (loss) | 9901 | €111,563 | €25,292 | -€86,271 | -77.3% |
| Financial income | 75/76B | - | €2,766 | +€2,766 | |
| Recurring financial income | 75 | - | €2,766 | +€2,766 | |
| Financial charges | 65/66B | €15,261 | €22,885 | +€7,623 | +50.0% |
| Recurring financial charges | 65 | €15,261 | €22,885 | +€7,623 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €96,301 | €5,173 | -€91,129 | -94.6% |
| Income taxes | 67/77 | €19,850 | €1,547 | -€18,303 | -92.2% |
| Profit (loss) for the period | 9904 | €76,452 | €3,626 | -€72,826 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €76,452 | €3,626 | -€72,826 | -95.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.