NIGEL 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.
NIGEL IMMO
Largest movements
- Receivables within one year +€200,884
up €200,884 (+77.6%), from €258,753 to €459,637
of which Trade receivables: +€190,884
- Cash -€20,139
down €20,139 (-2.6%), from €775,134 to €754,994
mainly Contributions, distributions and other (-€722,139) and Receivables within one year (-€200,884)
- Deferred charges and accrued income -€18,421
down €18,421 (-68.8%), from €26,792 to €8,371
- Other debts +€628,759
up €628,759 (+169.9%), from €370,000 to €998,759
- Profit (loss) carried forward -€484,895
no longer reported in 2025 (was €484,895)
- Tax, wage and social debts +€82,454
up €82,454 (+74.3%), from €111,038 to €193,492
of which Taxes: +€42,215
- Advances received -€73,581
down €73,581 (-63.1%), from €116,531 to €42,950
- Trade debts -€16,385
down €16,385 (-28.9%), from €56,616 to €40,231
- Gross operating margin +€222,437
up €222,437 (+30.5%), from €729,675 to €952,112
- Staff costs +€160,180
up €160,180 (+36.1%), from €444,161 to €604,341
- Taxes +€17,867
up €17,867 (+29.0%), from €61,598 to €79,465
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 | €1,156,134 | €1,302,378 | +€146,244 | +12.6% |
| Fixed assets | 21/28 | €95,456 | €79,376 | -€16,080 | -16.8% |
| Intangible fixed assets | 21 | €13,724 | €10,445 | -€3,279 | -23.9% |
| Tangible fixed assets | 22/27 | €81,732 | €68,931 | -€12,801 | -15.7% |
| Plant, machinery and equipment | 23 | €1,046 | €691 | -€355 | -33.9% |
| Furniture and vehicles | 24 | €49,291 | €42,599 | -€6,692 | -13.6% |
| Other tangible fixed assets | 26 | €31,394 | €25,640 | -€5,754 | -18.3% |
| Current assets | 29/58 | €1,060,678 | €1,223,002 | +€162,324 | +15.3% |
| Amounts receivable within one year | 40/41 | €258,753 | €459,637 | +€200,884 | +77.6% |
| Trade receivables | 40 | €243,873 | €434,757 | +€190,884 | +78.3% |
| Other amounts receivable | 41 | €14,879 | €24,879 | +€10,000 | +67.2% |
| Cash at bank and in hand | 54/58 | €775,134 | €754,994 | -€20,139 | -2.6% |
| Deferred charges and accrued income | 490/1 | €26,792 | €8,371 | -€18,421 | -68.8% |
| Total equity and liabilities | 10/49 | €1,156,134 | €1,302,378 | +€146,244 | +12.6% |
| Equity | 10/15 | €494,895 | €10,000 | -€484,895 | -98.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €484,895 | - | -€484,895 | |
| Amounts payable | 17/49 | €661,239 | €1,292,378 | +€631,139 | +95.4% |
| Amounts payable within one year | 42/48 | €654,185 | €1,275,432 | +€621,247 | +95.0% |
| Trade debts | 44 | €56,616 | €40,231 | -€16,385 | -28.9% |
| Suppliers | 440/4 | €56,616 | €40,231 | -€16,385 | -28.9% |
| Advances received on contracts in progress | 46 | €116,531 | €42,950 | -€73,581 | -63.1% |
| Taxes, remuneration and social security | 45 | €111,038 | €193,492 | +€82,454 | +74.3% |
| Taxes | 450/3 | €45,090 | €87,305 | +€42,215 | +93.6% |
| Remuneration and social security | 454/9 | €65,949 | €106,187 | +€40,239 | +61.0% |
| Other amounts payable | 47/48 | €370,000 | €998,759 | +€628,759 | +169.9% |
| Accrued charges and deferred income | 492/3 | €7,054 | €16,945 | +€9,892 | +140.2% |
| Remuneration, social security and pensions | 62 | €444,161 | €604,341 | +€160,180 | +36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,220 | €27,993 | -€227 | -0.8% |
| Other operating charges | 640/8 | €1,908 | €3,191 | +€1,283 | +67.3% |
| Non-recurring operating charges | 66A | €1,079 | €109 | -€970 | -89.9% |
| Gross operating margin | 9900 | €729,675 | €952,112 | +€222,437 | +30.5% |
| Operating profit (loss) | 9901 | €254,307 | €316,478 | +€62,171 | +24.4% |
| Financial income | 75/76B | €4,997 | €1,342 | -€3,655 | -73.1% |
| Recurring financial income | 75 | €4,997 | €1,342 | -€3,655 | -73.1% |
| Financial charges | 65/66B | €7,485 | €1,111 | -€6,374 | -85.2% |
| Recurring financial charges | 65 | €7,485 | €1,111 | -€6,374 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | €251,819 | €316,709 | +€64,890 | +25.8% |
| Income taxes | 67/77 | €61,598 | €79,465 | +€17,867 | +29.0% |
| Profit (loss) for the period | 9904 | €190,221 | €237,244 | +€47,023 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €190,221 | €237,244 | +€47,023 | +24.7% |
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 3 October 2026 via checked.be.