Notis 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.
Notis Immo
Largest movements
- Tangible fixed assets +€74,502
up €74,502 (+3.5%), from €2.1m to €2.2m
of which Land and buildings: +€75,125
- Receivables within one year -€72,313
down €72,313 (-93.2%), from €77,552 to €5,239
- Cash +€38,140
up €38,140 (+286.4%), from €13,317 to €51,457
mainly Receivables within one year (+€72,313) and Net result for the year (+€64,789)
- Profit (loss) carried forward +€64,789
up €64,789 (+16.6%), from €390,441 to €455,230
- Debts after one year -€35,225
down €35,225 (-2.1%), from €1.7m to €1.7m
- Gross operating margin +€12,520
up €12,520 (+7.6%), from €165,131 to €177,651
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 | €2,228,121 | €2,268,450 | +€40,328 | +1.8% |
| Fixed assets | 21/28 | €2,137,252 | €2,211,754 | +€74,502 | +3.5% |
| Tangible fixed assets | 22/27 | €2,137,252 | €2,211,754 | +€74,502 | +3.5% |
| Land and buildings | 22 | €2,133,443 | €2,208,568 | +€75,125 | +3.5% |
| Plant, machinery and equipment | 23 | €3,809 | €3,186 | -€623 | -16.3% |
| Current assets | 29/58 | €90,869 | €56,696 | -€34,174 | -37.6% |
| Amounts receivable within one year | 40/41 | €77,552 | €5,239 | -€72,313 | -93.2% |
| Other amounts receivable | 41 | €77,552 | €5,239 | -€72,313 | -93.2% |
| Cash at bank and in hand | 54/58 | €13,317 | €51,457 | +€38,140 | +286.4% |
| Total equity and liabilities | 10/49 | €2,228,121 | €2,268,450 | +€40,328 | +1.8% |
| Equity | 10/15 | €398,687 | €463,476 | +€64,789 | +16.3% |
| Contributions | 10/11 | €6,386 | €6,386 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €390,441 | €455,230 | +€64,789 | +16.6% |
| Amounts payable | 17/49 | €1,829,434 | €1,804,973 | -€24,461 | -1.3% |
| Amounts payable after more than one year | 17 | €1,697,120 | €1,661,895 | -€35,225 | -2.1% |
| Financial debts | 170/4 | €1,697,120 | €1,661,895 | -€35,225 | -2.1% |
| Amounts payable within one year | 42/48 | €132,314 | €143,078 | +€10,764 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €132,314 | €143,078 | +€10,764 | +8.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,435 | €62,565 | +€1,129 | +1.8% |
| Other operating charges | 640/8 | €16,650 | €17,165 | +€515 | +3.1% |
| Gross operating margin | 9900 | €165,131 | €177,651 | +€12,520 | +7.6% |
| Operating profit (loss) | 9901 | €87,046 | €97,921 | +€10,875 | +12.5% |
| Financial charges | 65/66B | €16,112 | €16,105 | -€7 | 0.0% |
| Recurring financial charges | 65 | €16,112 | €16,105 | -€7 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €70,934 | €81,816 | +€10,882 | +15.3% |
| Income taxes | 67/77 | €17,734 | €17,027 | -€706 | -4.0% |
| Profit (loss) for the period | 9904 | €53,201 | €64,789 | +€11,588 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,201 | €64,789 | +€11,588 | +21.8% |
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 7 October 2026 via checked.be.