NELLY 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.
NELLY IMMO
Largest movements
- Cash +€37,892
up €37,892 (+93.1%), from €40,688 to €78,580
mainly Depreciation (+€22,919) and Trade debts (+€13,921)
- Tangible fixed assets -€21,140
down €21,140 (-3.0%), from €699,260 to €678,120
- Trade debts +€13,921
up €13,921 (+493.3%), from €2,822 to €16,744
- Other debts +€12,666
new in 2025: €12,666
- Reserves -€8,297
down €8,297 (-72.4%), from €11,457 to €3,159
- Other operating charges +€15,792
up €15,792 (+4077.0%), from €387 to €16,179
- Taxes -€4,098
down €4,098 (-95.4%), from €4,296 to €199
- Gross operating margin +€1,214
up €1,214 (+3.1%), from €39,077 to €40,291
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 | €743,505 | €761,978 | +€18,473 | +2.5% |
| Formation expenses | 20 | €3,557 | €1,779 | -€1,779 | -50.0% |
| Fixed assets | 21/28 | €699,260 | €678,120 | -€21,140 | -3.0% |
| Tangible fixed assets | 22/27 | €699,260 | €678,120 | -€21,140 | -3.0% |
| Land and buildings | 22 | €699,260 | €678,120 | -€21,140 | -3.0% |
| Current assets | 29/58 | €40,688 | €82,080 | +€41,392 | +101.7% |
| Amounts receivable within one year | 40/41 | - | €3,500 | +€3,500 | |
| Trade receivables | 40 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €40,688 | €78,580 | +€37,892 | +93.1% |
| Total equity and liabilities | 10/49 | €743,505 | €761,978 | +€18,473 | +2.5% |
| Equity | 10/15 | €734,857 | €726,559 | -€8,297 | -1.1% |
| Contributions | 10/11 | €723,400 | €723,400 | = | 0.0% |
| Reserves | 13 | €11,457 | €3,159 | -€8,297 | -72.4% |
| Distributable reserves | 133 | €11,457 | €3,159 | -€8,297 | -72.4% |
| Amounts payable | 17/49 | €8,649 | €35,419 | +€26,770 | +309.5% |
| Amounts payable within one year | 42/48 | €8,585 | €35,353 | +€26,768 | +311.8% |
| Trade debts | 44 | €2,822 | €16,744 | +€13,921 | +493.3% |
| Suppliers | 440/4 | €2,822 | €16,744 | +€13,921 | +493.3% |
| Advances received on contracts in progress | 46 | - | €4,235 | +€4,235 | |
| Taxes, remuneration and social security | 45 | €5,763 | €1,709 | -€4,054 | -70.3% |
| Taxes | 450/3 | €5,763 | €1,709 | -€4,054 | -70.3% |
| Other amounts payable | 47/48 | - | €12,666 | +€12,666 | |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,919 | €22,919 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €16,179 | +€15,792 | +4077.0% |
| Gross operating margin | 9900 | €39,077 | €40,291 | +€1,214 | +3.1% |
| Operating profit (loss) | 9901 | €15,771 | €1,193 | -€14,578 | -92.4% |
| Financial charges | 65/66B | €18 | €156 | +€138 | +762.2% |
| Recurring financial charges | 65 | €18 | €156 | +€138 | +762.2% |
| Profit (loss) for the period before taxes | 9903 | €15,753 | €1,037 | -€14,715 | -93.4% |
| Income taxes | 67/77 | €4,296 | €199 | -€4,098 | -95.4% |
| Profit (loss) for the period | 9904 | €11,457 | €839 | -€10,618 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,457 | €839 | -€10,618 | -92.7% |
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 6 October 2026 via checked.be.