Inmo Noord: 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.
What changed
Inmo Noord
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€505,237
2024 · €489,139+€16,098
Equity
€7.9m
2024 · €7.4m+€505,237
Cash
€64,937
2024 · €53,808+€11,129
Balance sheet total
€7.9m
2024 · €7.4m+€502,974
Largest movements
Assets
- Current investments +€590,932
up €590,932 (+25.5%), from €2.3m to €2.9m
- Tangible fixed assets -€184,781
down €184,781 (-3.7%), from €5.0m to €4.8m
of which Land and buildings: -€184,781
- Receivables within one year +€84,153
up €84,153 (+519.1%), from €16,212 to €100,365
of which Trade receivables: +€75,614
Equity and liabilities
- Reserves +€505,237
up €505,237 (+7.1%), from €7.2m to €7.7m
of which Distributable reserves: +€505,237
Income statement
- Turnover +€31,344
up €31,344 (+3.9%), from €797,150 to €828,494
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.
Result 2024
€489,139
Turnover
+€31,344
Other operating income
-€1,269
Services and other goods
-€5,339
Depreciation
+€4,431
Other operating charges
-€1,758
Financial income
-€5,956
Financial charges
+€10
Taxes
-€5,366
Result 2025
€505,237
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.
From operations
+€602,061
Investment
-€590,932
Financing
€0
Cash 2024
€53,808
From operations (derived)
+€602,061
Net result for the year
+€505,237
Depreciation
+€184,781
Receivables within one year
-€84,153
Deferred charges and accrued income
-€1,541
Smaller working-capital items
-€2,263
Investment (derived)
-€590,932
Current investments
-€590,932
Cash 2025
€64,937
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,397,434 | €7,900,408 | +€502,974 | +6.8% |
| Fixed assets | 21/28 | €4,997,558 | €4,812,777 | -€184,781 | -3.7% |
| Tangible fixed assets | 22/27 | €4,992,558 | €4,807,777 | -€184,781 | -3.7% |
| Land and buildings | 22 | €4,992,558 | €4,807,777 | -€184,781 | -3.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €2,399,875 | €3,087,631 | +€687,756 | +28.7% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €16,212 | €100,365 | +€84,153 | +519.1% |
| Trade receivables | 40 | €11,179 | €86,792 | +€75,614 | +676.4% |
| Other amounts receivable | 41 | €5,034 | €13,573 | +€8,540 | +169.7% |
| Current investments | 50/53 | €2,319,068 | €2,910,000 | +€590,932 | +25.5% |
| Other investments | 51/53 | €2,319,068 | €2,910,000 | +€590,932 | +25.5% |
| Cash at bank and in hand | 54/58 | €53,808 | €64,937 | +€11,129 | +20.7% |
| Deferred charges and accrued income | 490/1 | €10,787 | €12,328 | +€1,541 | +14.3% |
| Total equity and liabilities | 10/49 | €7,397,434 | €7,900,408 | +€502,974 | +6.8% |
| Equity | 10/15 | €7,382,692 | €7,887,929 | +€505,237 | +6.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €170,236 | €170,236 | = | 0.0% |
| Reserves | 13 | €7,162,457 | €7,667,694 | +€505,237 | +7.1% |
| Tax-exempt reserves | 132 | €401,611 | €401,611 | = | 0.0% |
| Distributable reserves | 133 | €6,760,845 | €7,266,082 | +€505,237 | +7.5% |
| Amounts payable | 17/49 | €14,741 | €12,479 | -€2,263 | -15.3% |
| Amounts payable within one year | 42/48 | €3,620 | €1,439 | -€2,181 | -60.2% |
| Trade debts | 44 | €1,687 | €533 | -€1,154 | -68.4% |
| Suppliers | 440/4 | €1,687 | €533 | -€1,154 | -68.4% |
| Taxes, remuneration and social security | 45 | €1,033 | €0 | -€1,033 | -100.0% |
| Taxes | 450/3 | €1,033 | €0 | -€1,033 | -100.0% |
| Other amounts payable | 47/48 | €900 | €906 | +€6 | +0.7% |
| Accrued charges and deferred income | 492/3 | €11,121 | €11,040 | -€81 | -0.7% |
| Operating income | 70/76A | €855,414 | €885,489 | +€30,076 | +3.5% |
| Turnover | 70 | €797,150 | €828,494 | +€31,344 | +3.9% |
| Other operating income | 74 | €58,264 | €56,995 | -€1,269 | -2.2% |
| Operating charges | 60/66A | €265,175 | €267,841 | +€2,666 | +1.0% |
| Services and other goods | 61 | €19,827 | €25,167 | +€5,339 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,212 | €184,781 | -€4,431 | -2.3% |
| Other operating charges | 640/8 | €56,135 | €57,893 | +€1,758 | +3.1% |
| Operating profit (loss) | 9901 | €590,239 | €617,648 | +€27,410 | +4.6% |
| Financial income | 75/76B | €61,999 | €56,043 | -€5,956 | -9.6% |
| Recurring financial income | 75 | €61,999 | €56,043 | -€5,956 | -9.6% |
| Income from current assets | 751 | €61,999 | €56,043 | -€5,956 | -9.6% |
| Other financial income | 752/9 | - | €0 | = | |
| Financial charges | 65/66B | €52 | €42 | -€10 | -20.0% |
| Recurring financial charges | 65 | €52 | €42 | -€10 | -20.0% |
| Other financial charges | 652/9 | €52 | €42 | -€10 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €652,185 | €673,649 | +€21,464 | +3.3% |
| Income taxes | 67/77 | €163,046 | €168,412 | +€5,366 | +3.3% |
| Taxes | 670/3 | €163,046 | €168,412 | +€5,366 | +3.3% |
| Profit (loss) for the period | 9904 | €489,139 | €505,237 | +€16,098 | +3.3% |
| Transfer from tax-exempt reserves | 789 | €7,515 | €0 | -€7,515 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €496,654 | €505,237 | +€8,583 | +1.7% |
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 30 September 2026 via checked.be.