NOTAR IMMO: 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.
NOTAR IMMO
Largest movements
- Receivables within one year -€10,741
down €10,741 (-25.8%), from €41,608 to €30,867
- Profit (loss) carried forward -€10,942
down €10,942 (-93.8%), from €11,667 to €725
- Gross operating margin +€1,094
up €1,094 (+29.0%), from €3,767 to €4,861
- Taxes +€273
up €273 (+153.4%), from €178 to €451
- Financial charges +€102
up €102 (+0.7%), from €14,024 to €14,126
- Other operating charges +€76
up €76 (+6.6%), from €1,150 to €1,226
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 | €269,694 | €257,166 | -€12,528 | -4.6% |
| Fixed assets | 21/28 | €169,328 | €169,328 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,000 | €2,000 | = | 0.0% |
| Furniture and vehicles | 24 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €167,328 | €167,328 | = | 0.0% |
| Current assets | 29/58 | €100,366 | €87,838 | -€12,528 | -12.5% |
| Stocks and contracts in progress | 3 | €56,389 | €56,389 | = | 0.0% |
| Stocks | 30/36 | €56,389 | €56,389 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,608 | €30,867 | -€10,741 | -25.8% |
| Other amounts receivable | 41 | €41,608 | €30,867 | -€10,741 | -25.8% |
| Cash at bank and in hand | 54/58 | €2,369 | €582 | -€1,787 | -75.4% |
| Total equity and liabilities | 10/49 | €269,694 | €257,166 | -€12,528 | -4.6% |
| Equity | 10/15 | €32,127 | €21,185 | -€10,942 | -34.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,667 | €725 | -€10,942 | -93.8% |
| Amounts payable | 17/49 | €237,567 | €235,981 | -€1,586 | -0.7% |
| Amounts payable within one year | 42/48 | €237,567 | €235,981 | -€1,586 | -0.7% |
| Financial debts | 43 | €177,893 | €177,893 | = | 0.0% |
| Credit institutions | 430/8 | €177,893 | €177,893 | = | 0.0% |
| Trade debts | 44 | €969 | €592 | -€377 | -38.9% |
| Suppliers | 440/4 | €969 | €592 | -€377 | -38.9% |
| Taxes, remuneration and social security | 45 | €1,778 | - | -€1,778 | |
| Taxes | 450/3 | €1,778 | - | -€1,778 | |
| Other amounts payable | 47/48 | €56,927 | €57,496 | +€569 | +1.0% |
| Other operating charges | 640/8 | €1,150 | €1,226 | +€76 | +6.6% |
| Gross operating margin | 9900 | €3,767 | €4,861 | +€1,094 | +29.0% |
| Operating profit (loss) | 9901 | €2,617 | €3,635 | +€1,018 | +38.9% |
| Financial charges | 65/66B | €14,024 | €14,126 | +€102 | +0.7% |
| Recurring financial charges | 65 | €14,024 | €14,126 | +€102 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,407 | -€10,491 | +€916 | +8.0% |
| Income taxes | 67/77 | €178 | €451 | +€273 | +153.4% |
| Profit (loss) for the period | 9904 | -€11,585 | -€10,942 | +€643 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,585 | -€10,942 | +€643 | +5.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.