N & M IMMO: 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.
N & M IMMO
Largest movements
- Tangible fixed assets -€15,649
down €15,649 (-2.1%), from €742,970 to €727,320
- Debts after one year -€26,597
down €26,597 (-5.2%), from €513,807 to €487,209
- Profit (loss) carried forward +€8,666
up €8,666 (+23.5%), from -€36,835 to -€28,168
- Financial charges -€10,998
down €10,998 (-54.9%), from €20,035 to €9,037
- Gross operating margin +€1,303
up €1,303 (+3.1%), from €42,447 to €43,750
- Other operating charges +€676
up €676 (+17.2%), from €3,926 to €4,602
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €756,566 | €738,286 | -€18,280 | -2.4% |
| Fixed assets | 21/28 | €742,970 | €727,320 | -€15,649 | -2.1% |
| Tangible fixed assets | 22/27 | €742,970 | €727,320 | -€15,649 | -2.1% |
| Land and buildings | 22 | €742,970 | €727,320 | -€15,649 | -2.1% |
| Current assets | 29/58 | €13,596 | €10,966 | -€2,630 | -19.3% |
| Cash at bank and in hand | 54/58 | €13,379 | €10,729 | -€2,650 | -19.8% |
| Deferred charges and accrued income | 490/1 | €217 | €237 | +€20 | +9.1% |
| Total equity and liabilities | 10/49 | €756,566 | €738,286 | -€18,280 | -2.4% |
| Equity | 10/15 | -€26,835 | -€18,168 | +€8,666 | +32.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,835 | -€28,168 | +€8,666 | +23.5% |
| Amounts payable | 17/49 | €783,400 | €756,454 | -€26,946 | -3.4% |
| Amounts payable after more than one year | 17 | €513,807 | €487,209 | -€26,597 | -5.2% |
| Financial debts | 170/4 | €513,807 | €487,209 | -€26,597 | -5.2% |
| Amounts payable within one year | 42/48 | €268,894 | €269,245 | +€351 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €26,151 | €26,597 | +€446 | +1.7% |
| Trade debts | 44 | €1,375 | €79 | -€1,296 | -94.3% |
| Suppliers | 440/4 | €1,375 | €79 | -€1,296 | -94.3% |
| Taxes, remuneration and social security | 45 | €7,446 | €7,446 | = | 0.0% |
| Taxes | 450/3 | €7,446 | €7,446 | = | 0.0% |
| Other amounts payable | 47/48 | €233,921 | €235,123 | +€1,201 | +0.5% |
| Accrued charges and deferred income | 492/3 | €700 | - | -€700 | |
| Non-recurring operating income | 76A | - | €1,432 | +€1,432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,445 | €21,445 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,926 | €4,602 | +€676 | +17.2% |
| Gross operating margin | 9900 | €42,447 | €43,750 | +€1,303 | +3.1% |
| Operating profit (loss) | 9901 | €17,077 | €17,703 | +€627 | +3.7% |
| Financial charges | 65/66B | €20,035 | €9,037 | -€10,998 | -54.9% |
| Recurring financial charges | 65 | €20,035 | €9,037 | -€10,998 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,958 | €8,666 | +€11,624 | |
| Profit (loss) for the period | 9904 | -€2,958 | €8,666 | +€11,624 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,958 | €8,666 | +€11,624 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.