IMMO NOMAX: 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 NOMAX
Largest movements
- Tangible fixed assets -€21,508
down €21,508 (-3.8%), from €566,077 to €544,569
of which Land and buildings: -€15,998
- Cash +€11,768
up €11,768 (+103.4%), from €11,378 to €23,146
mainly Depreciation (+€21,508) and Net result for the year (+€17,139)
- Debts after one year -€25,170
down €25,170 (-9.8%), from €256,013 to €230,843
- Profit (loss) carried forward +€17,139
up €17,139 (+3030.8%), from €565 to €17,705
- Depreciation -€22,693
down €22,693 (-51.3%), from €44,202 to €21,508
- Gross operating margin +€13,972
up €13,972 (+38.9%), from €35,882 to €49,854
- Taxes +€2,272
up €2,272, from -€17 to €2,255
- Financial charges +€1,681
up €1,681 (+51.7%), from €3,249 to €4,930
- Other operating charges +€1,206
up €1,206 (+42.8%), from €2,816 to €4,021
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 | €578,473 | €568,490 | -€9,983 | -1.7% |
| Fixed assets | 21/28 | €566,077 | €544,569 | -€21,508 | -3.8% |
| Tangible fixed assets | 22/27 | €566,077 | €544,569 | -€21,508 | -3.8% |
| Land and buildings | 22 | €548,880 | €532,882 | -€15,998 | -2.9% |
| Plant, machinery and equipment | 23 | €17,198 | €11,687 | -€5,511 | -32.0% |
| Current assets | 29/58 | €12,396 | €23,921 | +€11,525 | +93.0% |
| Amounts receivable within one year | 40/41 | €1,018 | - | -€1,018 | |
| Trade receivables | 40 | €1,018 | - | -€1,018 | |
| Cash at bank and in hand | 54/58 | €11,378 | €23,146 | +€11,768 | +103.4% |
| Deferred charges and accrued income | 490/1 | - | €775 | +€775 | |
| Total equity and liabilities | 10/49 | €578,473 | €568,490 | -€9,983 | -1.7% |
| Equity | 10/15 | €35,565 | €52,705 | +€17,139 | +48.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €565 | €17,705 | +€17,139 | +3030.8% |
| Amounts payable | 17/49 | €542,908 | €515,785 | -€27,122 | -5.0% |
| Amounts payable after more than one year | 17 | €256,013 | €230,843 | -€25,170 | -9.8% |
| Financial debts | 170/4 | €256,013 | €230,843 | -€25,170 | -9.8% |
| Amounts payable within one year | 42/48 | €286,233 | €284,921 | -€1,312 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €24,744 | €25,170 | +€426 | +1.7% |
| Trade debts | 44 | - | €1,111 | +€1,111 | |
| Suppliers | 440/4 | - | €1,111 | +€1,111 | |
| Taxes, remuneration and social security | 45 | €4,983 | €1,255 | -€3,728 | -74.8% |
| Taxes | 450/3 | €4,983 | €1,255 | -€3,728 | -74.8% |
| Other amounts payable | 47/48 | €256,505 | €257,385 | +€879 | +0.3% |
| Accrued charges and deferred income | 492/3 | €662 | €21 | -€641 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,202 | €21,508 | -€22,693 | -51.3% |
| Other operating charges | 640/8 | €2,816 | €4,021 | +€1,206 | +42.8% |
| Gross operating margin | 9900 | €35,882 | €49,854 | +€13,972 | +38.9% |
| Operating profit (loss) | 9901 | -€11,136 | €24,324 | +€35,459 | |
| Financial charges | 65/66B | €3,249 | €4,930 | +€1,681 | +51.7% |
| Recurring financial charges | 65 | €3,249 | €4,930 | +€1,681 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,384 | €19,394 | +€33,778 | |
| Income taxes | 67/77 | -€17 | €2,255 | +€2,272 | |
| Profit (loss) for the period | 9904 | -€14,368 | €17,139 | +€31,507 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,368 | €17,139 | +€31,507 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.