IMMO NOUR: 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 NOUR
Largest movements
- Tangible fixed assets -€70,290
down €70,290 (-6.5%), from €1.1m to €1.0m
- Receivables within one year -€15,423
down €15,423 (-87.5%), from €17,618 to €2,195
of which Trade receivables: -€10,900
- Other debts -€71,373
down €71,373 (-33.3%), from €214,591 to €143,218
- Profit (loss) carried forward -€42,758
down €42,758 (-154.3%), from -€27,711 to -€70,470
- Debts after one year +€12,772
up €12,772 (+1.6%), from €782,697 to €795,469
- Gross operating margin -€17,621
down €17,621 (-19.2%), from €91,821 to €74,200
- Depreciation +€13,574
up €13,574 (+23.9%), from €56,716 to €70,290
- Financial charges +€5,375
up €5,375 (+16.6%), from €32,364 to €37,739
- Other operating charges +€2,672
up €2,672 (+42.7%), from €6,258 to €8,929
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 | €1,112,327 | €1,023,783 | -€88,544 | -8.0% |
| Fixed assets | 21/28 | €1,084,935 | €1,014,646 | -€70,290 | -6.5% |
| Tangible fixed assets | 22/27 | €1,084,935 | €1,014,646 | -€70,290 | -6.5% |
| Land and buildings | 22 | €941,771 | €911,691 | -€30,079 | -3.2% |
| Plant, machinery and equipment | 23 | €119,258 | €92,599 | -€26,659 | -22.4% |
| Furniture and vehicles | 24 | €23,906 | €10,355 | -€13,551 | -56.7% |
| Current assets | 29/58 | €27,391 | €9,138 | -€18,254 | -66.6% |
| Amounts receivable within one year | 40/41 | €17,618 | €2,195 | -€15,423 | -87.5% |
| Trade receivables | 40 | €12,100 | €1,200 | -€10,900 | -90.1% |
| Other amounts receivable | 41 | €5,518 | €995 | -€4,523 | -82.0% |
| Cash at bank and in hand | 54/58 | €7,315 | €6,943 | -€373 | -5.1% |
| Deferred charges and accrued income | 490/1 | €2,458 | - | -€2,458 | |
| Total equity and liabilities | 10/49 | €1,112,327 | €1,023,783 | -€88,544 | -8.0% |
| Equity | 10/15 | -€12,711 | -€55,470 | -€42,758 | -336.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,711 | -€70,470 | -€42,758 | -154.3% |
| Amounts payable | 17/49 | €1,125,038 | €1,079,253 | -€45,785 | -4.1% |
| Amounts payable after more than one year | 17 | €782,697 | €795,469 | +€12,772 | +1.6% |
| Financial debts | 170/4 | €782,697 | €795,469 | +€12,772 | +1.6% |
| Amounts payable within one year | 42/48 | €342,341 | €283,784 | -€58,557 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €38,729 | €43,707 | +€4,977 | +12.9% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €78,384 | €81,223 | +€2,839 | +3.6% |
| Suppliers | 440/4 | €78,384 | €81,223 | +€2,839 | +3.6% |
| Taxes, remuneration and social security | 45 | €10,636 | €15,636 | +€5,000 | +47.0% |
| Taxes | 450/3 | €636 | €636 | = | 0.0% |
| Remuneration and social security | 454/9 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Other amounts payable | 47/48 | €214,591 | €143,218 | -€71,373 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,716 | €70,290 | +€13,574 | +23.9% |
| Other operating charges | 640/8 | €6,258 | €8,929 | +€2,672 | +42.7% |
| Gross operating margin | 9900 | €91,821 | €74,200 | -€17,621 | -19.2% |
| Operating profit (loss) | 9901 | €28,848 | -€5,019 | -€33,867 | |
| Financial charges | 65/66B | €32,364 | €37,739 | +€5,375 | +16.6% |
| Recurring financial charges | 65 | €32,364 | €37,739 | +€5,375 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,516 | -€42,758 | -€39,242 | -1116.0% |
| Income taxes | 67/77 | €636 | - | -€636 | |
| Profit (loss) for the period | 9904 | -€4,153 | -€42,758 | -€38,606 | -929.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,153 | -€42,758 | -€38,606 | -929.7% |
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 7 October 2026 via checked.be.