NELIMMO: 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.
NELIMMO
Largest movements
- Cash +€92,266
up €92,266 (+229.6%), from €40,190 to €132,456
mainly Depreciation (+€36,206) and Net result for the year (+€33,718)
- Tangible fixed assets -€36,206
down €36,206 (-4.3%), from €848,191 to €811,985
of which Land and buildings: -€29,069
- Current investments -€20,036
down €20,036 (-6.2%), from €322,897 to €302,861
- Profit (loss) carried forward +€33,718
up €33,718 (+40.2%), from -€83,959 to -€50,240
- Financial income +€54,072
up €54,072 (+724.6%), from €7,463 to €61,534
of which Non-recurring financial income: +€52,859
- Financial charges +€14,880
up €14,880 (+50.8%), from €29,277 to €44,158
of which Non-recurring financial charges: +€16,827
- Gross operating margin +€4,465
up €4,465 (+7.6%), from €58,541 to €63,006
- Depreciation -€822
down €822 (-2.2%), from €37,027 to €36,206
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 | €1,217,837 | €1,251,433 | +€33,597 | +2.8% |
| Fixed assets | 21/28 | €848,191 | €811,985 | -€36,206 | -4.3% |
| Tangible fixed assets | 22/27 | €848,191 | €811,985 | -€36,206 | -4.3% |
| Land and buildings | 22 | €838,423 | €809,354 | -€29,069 | -3.5% |
| Plant, machinery and equipment | 23 | €652 | €266 | -€386 | -59.2% |
| Furniture and vehicles | 24 | €9,115 | €2,364 | -€6,751 | -74.1% |
| Current assets | 29/58 | €369,646 | €439,449 | +€69,803 | +18.9% |
| Amounts receivable within one year | 40/41 | €2,716 | €1,811 | -€906 | -33.3% |
| Other amounts receivable | 41 | €2,716 | €1,811 | -€906 | -33.3% |
| Current investments | 50/53 | €322,897 | €302,861 | -€20,036 | -6.2% |
| Cash at bank and in hand | 54/58 | €40,190 | €132,456 | +€92,266 | +229.6% |
| Deferred charges and accrued income | 490/1 | €3,842 | €2,321 | -€1,522 | -39.6% |
| Total equity and liabilities | 10/49 | €1,217,837 | €1,251,433 | +€33,597 | +2.8% |
| Equity | 10/15 | €541,825 | €575,543 | +€33,718 | +6.2% |
| Contributions | 10/11 | €597,500 | €597,500 | = | 0.0% |
| Capital | 10 | €597,500 | €597,500 | = | 0.0% |
| Issued capital | 100 | €597,500 | €597,500 | = | 0.0% |
| Reserves | 13 | €28,283 | €28,283 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,061 | €3,061 | = | 0.0% |
| Legal reserve | 130 | €3,061 | €3,061 | = | 0.0% |
| Distributable reserves | 133 | €25,222 | €25,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,959 | -€50,240 | +€33,718 | +40.2% |
| Amounts payable | 17/49 | €676,012 | €675,891 | -€122 | 0.0% |
| Amounts payable after more than one year | 17 | €645,000 | €645,000 | = | 0.0% |
| Financial debts | 170/4 | €645,000 | €645,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,184 | €12,514 | +€2,330 | +22.9% |
| Trade debts | 44 | €308 | €1,825 | +€1,517 | +491.7% |
| Suppliers | 440/4 | €308 | €1,825 | +€1,517 | +491.7% |
| Taxes, remuneration and social security | 45 | €8,660 | €7,875 | -€784 | -9.1% |
| Taxes | 450/3 | €8,660 | €7,875 | -€784 | -9.1% |
| Other amounts payable | 47/48 | €1,216 | €2,814 | +€1,598 | +131.3% |
| Accrued charges and deferred income | 492/3 | €20,828 | €18,376 | -€2,452 | -11.8% |
| Non-recurring operating income | 76A | - | €483 | +€483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,027 | €36,206 | -€822 | -2.2% |
| Other operating charges | 640/8 | €10,482 | €10,134 | -€348 | -3.3% |
| Gross operating margin | 9900 | €58,541 | €63,006 | +€4,465 | +7.6% |
| Operating profit (loss) | 9901 | €11,032 | €16,667 | +€5,635 | +51.1% |
| Financial income | 75/76B | €7,463 | €61,534 | +€54,072 | +724.6% |
| Recurring financial income | 75 | €7,463 | €8,675 | +€1,212 | +16.2% |
| Non-recurring financial income | 76B | - | €52,859 | +€52,859 | |
| Financial charges | 65/66B | €29,277 | €44,158 | +€14,880 | +50.8% |
| Recurring financial charges | 65 | €29,277 | €27,331 | -€1,946 | -6.6% |
| Non-recurring financial charges | 66B | - | €16,827 | +€16,827 | |
| Profit (loss) for the period before taxes | 9903 | -€10,783 | €34,043 | +€44,826 | |
| Income taxes | 67/77 | €0 | €325 | +€325 | |
| Profit (loss) for the period | 9904 | -€10,783 | €33,718 | +€44,501 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,783 | €33,718 | +€44,501 |
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 1 October 2026 via checked.be.