NIMMOBEL: what changed
Two financial 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.
NIMMOBEL
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€260,971
down €260,971 (-48.7%), from €535,702 to €274,731
mainly Current investments (-€300,000) and Debts after one year (-€31,111)
- Tangible fixed assets -€34,476
down €34,476 (-8.8%), from €393,020 to €358,544
of which Furniture and vehicles: -€23,925
- Debts after one year -€31,111
down €31,111 (-13.5%), from €230,951 to €199,840
- Reserves +€27,365
up €27,365 (+19.9%), from €137,360 to €164,726
- Other debts -€19,428
down €19,428 (-16.7%), from €116,066 to €96,637
- Tax, wage and social debts +€16,249
up €16,249 (+943%), from €1,723 to €17,972
of which Taxes: +€13,404
- Financial charges -€412,205
down €412,205 (-97.2%), from €424,127 to €11,923
of which Non-recurring financial charges: -€350,000
- Financial income -€347,458
down €347,458 (-99.1%), from €350,579 to €3,121
of which Financial income: -€347,925
- Gross operating margin -€27,760
down €27,760 (-22.5%), from €123,429 to €95,669
- Taxes +€15,463
up €15,463 (+381%), from €4,055 to €19,518
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.
Derived cash bridge
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 | €1,101,679 | €1,096,497 | -€5,181 | -0.5% |
| Fixed assets | 21/28 | €551,096 | €510,421 | -€40,676 | -7.4% |
| Tangible fixed assets | 22/27 | €393,020 | €358,544 | -€34,476 | -8.8% |
| Land and buildings | 22 | €328,949 | €317,522 | -€11,428 | -3.5% |
| Plant, machinery and equipment | 23 | €3,288 | €4,164 | +€877 | +26.7% |
| Furniture and vehicles | 24 | €60,783 | €36,858 | -€23,925 | -39.4% |
| Financial fixed assets | 28 | €158,077 | €151,877 | -€6,200 | -3.9% |
| Current assets | 29/58 | €550,582 | €586,077 | +€35,495 | +6.4% |
| Amounts receivable within one year | 40/41 | €13,219 | €9,992 | -€3,227 | -24.4% |
| Trade receivables | 40 | €9,600 | €9,992 | +€392 | +4.1% |
| Other amounts receivable | 41 | €3,619 | - | -€3,619 | |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €535,702 | €274,731 | -€260,971 | -48.7% |
| Deferred charges and accrued income | 490/1 | €1,662 | €1,354 | -€308 | -18.5% |
| Total equity and liabilities | 10/49 | €1,101,679 | €1,096,497 | -€5,181 | -0.5% |
| Equity | 10/15 | €722,162 | €749,527 | +€27,365 | +3.8% |
| Contributions | 10/11 | €578,104 | €578,104 | = | 0.0% |
| Reserves | 13 | €137,360 | €164,726 | +€27,365 | +19.9% |
| Distributable reserves | 133 | €137,360 | €164,726 | +€27,365 | +19.9% |
| Profit (loss) carried forward | 14 | €6,698 | €6,698 | = | 0.0% |
| Amounts payable | 17/49 | €379,516 | €346,970 | -€32,546 | -8.6% |
| Amounts payable after more than one year | 17 | €230,951 | €199,840 | -€31,111 | -13.5% |
| Financial debts | 170/4 | €230,951 | €199,840 | -€31,111 | -13.5% |
| Amounts payable within one year | 42/48 | €148,565 | €147,130 | -€1,435 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €30,605 | €31,111 | +€506 | +1.7% |
| Trade debts | 44 | €171 | €1,409 | +€1,238 | +723% |
| Suppliers | 440/4 | €171 | €1,409 | +€1,238 | +723% |
| Taxes, remuneration and social security | 45 | €1,723 | €17,972 | +€16,249 | +943% |
| Taxes | 450/3 | €1,723 | €15,128 | +€13,404 | +778% |
| Remuneration and social security | 454/9 | - | €2,844 | +€2,844 | |
| Other amounts payable | 47/48 | €116,066 | €96,637 | -€19,428 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,737 | €35,889 | +€151 | +0.4% |
| Other operating charges | 640/8 | €4,135 | €4,095 | -€41 | -1.0% |
| Gross operating margin | 9900 | €123,429 | €95,669 | -€27,760 | -22.5% |
| Operating profit (loss) | 9901 | €83,556 | €55,685 | -€27,871 | -33.4% |
| Financial income | 75/76B | €350,579 | €3,121 | -€347,458 | -99.1% |
| Recurring financial income | 75 | €350,579 | €2,654 | -€347,925 | -99.2% |
| Non-recurring financial income | 76B | - | €467 | +€467 | |
| Financial charges | 65/66B | €424,127 | €11,923 | -€412,205 | -97.2% |
| Recurring financial charges | 65 | €74,127 | €11,923 | -€62,205 | -83.9% |
| Non-recurring financial charges | 66B | €350,000 | - | -€350,000 | |
| Profit (loss) for the period before taxes | 9903 | €10,008 | €46,884 | +€36,876 | +368% |
| Income taxes | 67/77 | €4,055 | €19,518 | +€15,463 | +381% |
| Profit (loss) for the period | 9904 | €5,953 | €27,365 | +€21,413 | +360% |
| Profit (loss) for the period to be appropriated | 9905 | €5,953 | €27,365 | +€21,413 | +360% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.