Notilius 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.
Notilius Immo
Largest movements
- Tangible fixed assets +€1.9m
up €1.9m (+134%), from €1.4m to €3.2m
of which Land and buildings: +€1.9m
- Intangible fixed assets -€1.6m
no longer reported in 2025 (was €1.6m)
- Cash -€1.3m
down €1.3m (-98.9%), from €1.3m to €14,217
mainly Other debts (-€971,624) and Investment in fixed assets (net) (-€552,631)
- Receivables within one year -€319,884
no longer reported in 2025 (was €319,884)
of which Trade receivables: -€298,340
- Other debts -€971,624
down €971,624 (-70.8%), from €1.4m to €400,464
- Debts after one year +€520,380
up €520,380 (+22.2%), from €2.3m to €2.9m
- Current portion of long-term debt -€333,101
down €333,101 (-64.2%), from €518,684 to €185,583
- Tax, wage and social debts -€283,586
down €283,586 (-93.6%), from €302,877 to €19,291
of which Remuneration and social security: -€213,598
- Profit (loss) carried forward -€260,572
down €260,572, from €171 to -€260,401
- Gross operating margin -€4.0m
down €4.0m (-98.1%), from €4.1m to €75,654
- Staff costs -€1.9m
no longer reported in 2025 (was €1.9m)
- Depreciation -€272,104
down €272,104 (-47.5%), from €572,912 to €300,808
- Other operating charges -€121,236
down €121,236 (-98.1%), from €123,630 to €2,394
- Financial income -€83,745
no longer reported in 2025 (was €83,745)
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 | €4,637,794 | €3,263,212 | -€1.4m | -29.6% |
| Fixed assets | 21/28 | €2,997,173 | €3,248,996 | +€251,823 | +8.4% |
| Intangible fixed assets | 21 | €1,607,799 | - | -€1.6m | |
| Tangible fixed assets | 22/27 | €1,388,874 | €3,248,996 | +€1.9m | +134% |
| Land and buildings | 22 | €1,317,855 | €3,248,996 | +€1.9m | +147% |
| Plant, machinery and equipment | 23 | €25,165 | - | -€25,165 | |
| Furniture and vehicles | 24 | €41,260 | - | -€41,260 | |
| Other tangible fixed assets | 26 | €4,594 | - | -€4,594 | |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €1,640,621 | €14,217 | -€1.6m | -99.1% |
| Amounts receivable within one year | 40/41 | €319,884 | - | -€319,884 | |
| Trade receivables | 40 | €298,340 | - | -€298,340 | |
| Other amounts receivable | 41 | €21,544 | - | -€21,544 | |
| Cash at bank and in hand | 54/58 | €1,289,533 | €14,217 | -€1.3m | -98.9% |
| Deferred charges and accrued income | 490/1 | €31,204 | - | -€31,204 | |
| Total equity and liabilities | 10/49 | €4,637,794 | €3,263,212 | -€1.4m | -29.6% |
| Equity | 10/15 | €8,231 | -€260,057 | -€268,288 | |
| Contributions | 10/11 | €6,200 | €264 | -€5,936 | -95.7% |
| Reserves | 13 | €1,860 | €79 | -€1,781 | -95.7% |
| Distributable reserves | 133 | €1,860 | €79 | -€1,781 | -95.7% |
| Profit (loss) carried forward | 14 | €171 | -€260,401 | -€260,572 | |
| Amounts payable | 17/49 | €4,629,563 | €3,523,270 | -€1.1m | -23.9% |
| Amounts payable after more than one year | 17 | €2,348,480 | €2,868,860 | +€520,380 | +22.2% |
| Financial debts | 170/4 | €2,348,480 | €2,868,860 | +€520,380 | +22.2% |
| Amounts payable within one year | 42/48 | €2,275,317 | €640,410 | -€1.6m | -71.9% |
| Current portion of amounts payable after more than one year | 42 | €518,684 | €185,583 | -€333,101 | -64.2% |
| Trade debts | 44 | €81,668 | €35,072 | -€46,596 | -57.1% |
| Suppliers | 440/4 | €81,668 | €35,072 | -€46,596 | -57.1% |
| Taxes, remuneration and social security | 45 | €302,877 | €19,291 | -€283,586 | -93.6% |
| Taxes | 450/3 | €89,279 | €19,291 | -€69,988 | -78.4% |
| Remuneration and social security | 454/9 | €213,598 | - | -€213,598 | |
| Other amounts payable | 47/48 | €1,372,088 | €400,464 | -€971,624 | -70.8% |
| Accrued charges and deferred income | 492/3 | €5,766 | €14,000 | +€8,234 | +143% |
| Remuneration, social security and pensions | 62 | €1,886,847 | - | -€1.9m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €572,912 | €300,808 | -€272,104 | -47.5% |
| Other operating charges | 640/8 | €123,630 | €2,394 | -€121,236 | -98.1% |
| Gross operating margin | 9900 | €4,053,355 | €75,654 | -€4.0m | -98.1% |
| Operating profit (loss) | 9901 | €1,469,966 | -€227,548 | -€1.7m | |
| Financial income | 75/76B | €83,745 | - | -€83,745 | |
| Recurring financial income | 75 | €83,745 | - | -€83,745 | |
| Financial charges | 65/66B | €15,441 | €32,859 | +€17,418 | +113% |
| Recurring financial charges | 65 | €15,441 | €32,859 | +€17,418 | +113% |
| Profit (loss) for the period before taxes | 9903 | €1,538,270 | -€260,408 | -€1.8m | |
| Income taxes | 67/77 | €8,713 | - | -€8,713 | |
| Profit (loss) for the period | 9904 | €1,529,557 | -€260,408 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,529,557 | -€260,408 | -€1.8m |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.