Nippora Vastgoed: what changed
Nippora Vastgoed
Largest movements
- Stocks and contracts +€364,739
up €364,739 (+62.2%), from €586,300 to €951,039
- Tangible fixed assets +€161,614
up €161,614 (+13.3%), from €1.2m to €1.4m
- Cash +€158,463
up €158,463 (+957%), from €16,553 to €175,016
mainly Other debts (+€471,558) and Contributions, distributions and other (+€205,052)
- Receivables within one year +€27,804
up €27,804 (+69.8%), from €39,855 to €67,659
of which Other amounts receivable: +€26,541
- Other debts +€471,558
up €471,558 (+26.2%), from €1.8m to €2.3m
- Revaluation surpluses +€205,052
new in 2025: €205,052
- Trade debts +€32,574
up €32,574 (+883%), from €3,688 to €36,262
- Gross operating margin +€7,041
up €7,041 (+10.3%), from €68,600 to €75,642
- Other operating charges -€2,611
down €2,611 (-34.0%), from €7,674 to €5,063
- Financial charges +€2,301
up €2,301 (+13.6%), from €16,925 to €19,226
- Taxes +€1,825
up €1,825 (+1,185%), from €154 to €1,979
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,860,899 | €2,573,746 | +€712,847 | +38.3% |
| Fixed assets | 21/28 | €1,216,815 | €1,378,429 | +€161,614 | +13.3% |
| Tangible fixed assets | 22/27 | €1,216,815 | €1,378,429 | +€161,614 | +13.3% |
| Land and buildings | 22 | €1,216,815 | €1,378,429 | +€161,614 | +13.3% |
| Current assets | 29/58 | €644,084 | €1,195,317 | +€551,233 | +85.6% |
| Stocks and contracts in progress | 3 | €586,300 | €951,039 | +€364,739 | +62.2% |
| Stocks | 30/36 | €586,300 | €951,039 | +€364,739 | +62.2% |
| Amounts receivable within one year | 40/41 | €39,855 | €67,659 | +€27,804 | +69.8% |
| Trade receivables | 40 | €682 | €1,945 | +€1,263 | +185% |
| Other amounts receivable | 41 | €39,174 | €65,714 | +€26,541 | +67.8% |
| Cash at bank and in hand | 54/58 | €16,553 | €175,016 | +€158,463 | +957% |
| Deferred charges and accrued income | 490/1 | €1,376 | €1,603 | +€227 | +16.5% |
| Total equity and liabilities | 10/49 | €1,860,899 | €2,573,746 | +€712,847 | +38.3% |
| Equity | 10/15 | €50,167 | €261,155 | +€210,988 | +421% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €205,052 | +€205,052 | |
| Reserves | 13 | €25,167 | €31,102 | +€5,936 | +23.6% |
| Distributable reserves | 133 | €25,167 | €31,102 | +€5,936 | +23.6% |
| Amounts payable | 17/49 | €1,810,732 | €2,312,591 | +€501,859 | +27.7% |
| Amounts payable within one year | 42/48 | €1,806,232 | €2,310,027 | +€503,795 | +27.9% |
| Trade debts | 44 | €3,688 | €36,262 | +€32,574 | +883% |
| Suppliers | 440/4 | €3,688 | €36,262 | +€32,574 | +883% |
| Taxes, remuneration and social security | 45 | €782 | €445 | -€337 | -43.1% |
| Taxes | 450/3 | €782 | €445 | -€337 | -43.1% |
| Other amounts payable | 47/48 | €1,801,762 | €2,273,320 | +€471,558 | +26.2% |
| Accrued charges and deferred income | 492/3 | €4,500 | €2,565 | -€1,935 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,438 | €43,438 | = | 0.0% |
| Other operating charges | 640/8 | €7,674 | €5,063 | -€2,611 | -34.0% |
| Gross operating margin | 9900 | €68,600 | €75,642 | +€7,041 | +10.3% |
| Operating profit (loss) | 9901 | €17,488 | €27,140 | +€9,652 | +55.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €16,925 | €19,226 | +€2,301 | +13.6% |
| Recurring financial charges | 65 | €16,925 | €19,226 | +€2,301 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €565 | €7,914 | +€7,349 | +1,301% |
| Income taxes | 67/77 | €154 | €1,979 | +€1,825 | +1,185% |
| Profit (loss) for the period | 9904 | €411 | €5,936 | +€5,524 | +1,344% |
| Profit (loss) for the period to be appropriated | 9905 | €411 | €5,936 | +€5,524 | +1,344% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.