NANOUCHE IMMO: 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.
NANOUCHE IMMO
Largest movements
- Tangible fixed assets -€8,805
down €8,805 (-4.7%), from €189,263 to €180,459
of which Land and buildings: -€7,652
- Receivables within one year -€3,924
no longer reported in 2025 (was €3,924)
- Debts after one year -€16,866
down €16,866 (-23.9%), from €70,553 to €53,687
- Reserves +€7,717
up €7,717 (+124.5%), from €6,200 to €13,917
of which Distributable reserves: +€7,717
- Tax, wage and social debts -€3,728
down €3,728 (-34.1%), from €10,939 to €7,210
- Gross operating margin -€3,973
down €3,973 (-13.3%), from €29,982 to €26,009
- Financial charges +€2,843
up €2,843 (+193.6%), from €1,469 to €4,311
- Taxes +€772
new in 2025: €772
- Depreciation -€430
down €430 (-4.0%), from €10,838 to €10,408
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 | €196,110 | €182,244 | -€13,866 | -7.1% |
| Fixed assets | 21/28 | €189,263 | €180,459 | -€8,805 | -4.7% |
| Tangible fixed assets | 22/27 | €189,263 | €180,459 | -€8,805 | -4.7% |
| Land and buildings | 22 | €188,110 | €180,459 | -€7,652 | -4.1% |
| Furniture and vehicles | 24 | €1,153 | - | -€1,153 | |
| Current assets | 29/58 | €6,846 | €1,785 | -€5,061 | -73.9% |
| Amounts receivable within one year | 40/41 | €3,924 | - | -€3,924 | |
| Other amounts receivable | 41 | €3,924 | - | -€3,924 | |
| Cash at bank and in hand | 54/58 | €2,922 | €1,785 | -€1,137 | -38.9% |
| Total equity and liabilities | 10/49 | €196,110 | €182,244 | -€13,866 | -7.1% |
| Equity | 10/15 | €86,454 | €94,172 | +€7,717 | +8.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €13,917 | +€7,717 | +124.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €7,717 | +€7,717 | |
| Profit (loss) carried forward | 14 | €18,254 | €18,254 | = | 0.0% |
| Amounts payable | 17/49 | €109,655 | €88,072 | -€21,583 | -19.7% |
| Amounts payable after more than one year | 17 | €70,553 | €53,687 | -€16,866 | -23.9% |
| Financial debts | 170/4 | €70,553 | €53,687 | -€16,866 | -23.9% |
| Amounts payable within one year | 42/48 | €39,103 | €34,386 | -€4,717 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €16,135 | €16,866 | +€731 | +4.5% |
| Trade debts | 44 | €692 | €924 | +€232 | +33.6% |
| Suppliers | 440/4 | €692 | €924 | +€232 | +33.6% |
| Taxes, remuneration and social security | 45 | €10,939 | €7,210 | -€3,728 | -34.1% |
| Taxes | 450/3 | €10,939 | €7,210 | -€3,728 | -34.1% |
| Other amounts payable | 47/48 | €11,338 | €9,385 | -€1,952 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,838 | €10,408 | -€430 | -4.0% |
| Other operating charges | 640/8 | €2,605 | €2,801 | +€195 | +7.5% |
| Gross operating margin | 9900 | €29,982 | €26,009 | -€3,973 | -13.3% |
| Operating profit (loss) | 9901 | €16,539 | €12,800 | -€3,739 | -22.6% |
| Financial charges | 65/66B | €1,469 | €4,311 | +€2,843 | +193.6% |
| Recurring financial charges | 65 | €1,469 | €4,311 | +€2,843 | +193.6% |
| Profit (loss) for the period before taxes | 9903 | €15,071 | €8,489 | -€6,581 | -43.7% |
| Income taxes | 67/77 | - | €772 | +€772 | |
| Profit (loss) for the period | 9904 | €15,071 | €7,717 | -€7,353 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,071 | €7,717 | -€7,353 | -48.8% |
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 8 October 2026 via checked.be.