Neoimmo: 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.
Neoimmo
Largest movements
- Tangible fixed assets -€58,457
down €58,457 (-24.5%), from €238,587 to €180,130
- Receivables within one year +€36,680
up €36,680 (+98.0%), from €37,429 to €74,108
of which Trade receivables: +€38,203
- Cash -€6,576
down €6,576 (-58.9%), from €11,170 to €4,594
mainly Receivables within one year (-€36,680) and Debts after one year (-€15,356)
- Debts after one year -€15,356
down €15,356 (-12.1%), from €126,692 to €111,336
- Reserves -€11,860
down €11,860 (-10.7%), from €111,160 to €99,300
- Gross operating margin +€23,627
up €23,627, from -€11,501 to €12,127
- Depreciation -€4,287
down €4,287 (-18.6%), from €23,077 to €18,790
- Other operating charges -€1,816
down €1,816 (-48.2%), from €3,771 to €1,955
- Staff costs -€1,508
no longer reported in 2025 (was €1,508)
- Financial income +€482
up €482 (+84.6%), from €569 to €1,051
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 | €287,534 | €258,832 | -€28,701 | -10.0% |
| Fixed assets | 21/28 | €238,935 | €180,130 | -€58,805 | -24.6% |
| Intangible fixed assets | 21 | €348 | - | -€348 | |
| Tangible fixed assets | 22/27 | €238,587 | €180,130 | -€58,457 | -24.5% |
| Land and buildings | 22 | €238,587 | €180,130 | -€58,457 | -24.5% |
| Current assets | 29/58 | €48,598 | €78,702 | +€30,104 | +61.9% |
| Amounts receivable within one year | 40/41 | €37,429 | €74,108 | +€36,680 | +98.0% |
| Trade receivables | 40 | €1,598 | €39,801 | +€38,203 | +2391.1% |
| Other amounts receivable | 41 | €35,831 | €34,307 | -€1,524 | -4.3% |
| Cash at bank and in hand | 54/58 | €11,170 | €4,594 | -€6,576 | -58.9% |
| Total equity and liabilities | 10/49 | €287,534 | €258,832 | -€28,701 | -10.0% |
| Equity | 10/15 | €141,095 | €127,380 | -€13,715 | -9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,160 | €99,300 | -€11,860 | -10.7% |
| Distributable reserves | 133 | €111,160 | €99,300 | -€11,860 | -10.7% |
| Profit (loss) carried forward | 14 | €4,832 | €3,830 | -€1,002 | -20.7% |
| Investment grants | 15 | €6,504 | €5,651 | -€853 | -13.1% |
| Amounts payable | 17/49 | €146,438 | €131,452 | -€14,986 | -10.2% |
| Amounts payable after more than one year | 17 | €126,692 | €111,336 | -€15,356 | -12.1% |
| Financial debts | 170/4 | €126,692 | €111,336 | -€15,356 | -12.1% |
| Amounts payable within one year | 42/48 | €19,359 | €20,116 | +€757 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €15,077 | €15,356 | +€278 | +1.8% |
| Trade debts | 44 | €4,282 | €4,760 | +€478 | +11.2% |
| Suppliers | 440/4 | €4,282 | €4,760 | +€478 | +11.2% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Non-recurring operating income | 76A | - | €6,300 | +€6,300 | |
| Remuneration, social security and pensions | 62 | €1,508 | - | -€1,508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,077 | €18,790 | -€4,287 | -18.6% |
| Other operating charges | 640/8 | €3,771 | €1,955 | -€1,816 | -48.2% |
| Non-recurring operating charges | 66A | - | €2,224 | +€2,224 | |
| Gross operating margin | 9900 | -€11,501 | €12,127 | +€23,627 | |
| Operating profit (loss) | 9901 | -€39,856 | -€10,841 | +€29,015 | +72.8% |
| Financial income | 75/76B | €569 | €1,051 | +€482 | +84.6% |
| Recurring financial income | 75 | €569 | €1,051 | +€482 | +84.6% |
| Financial charges | 65/66B | €3,033 | €3,072 | +€38 | +1.3% |
| Recurring financial charges | 65 | €3,033 | €3,072 | +€38 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,320 | -€12,862 | +€29,458 | +69.6% |
| Profit (loss) for the period | 9904 | -€42,320 | -€12,862 | +€29,458 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,320 | -€12,862 | +€29,458 | +69.6% |
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.