NOTRE 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.
NOTRE IMMO
Largest movements
- Receivables within one year +€60,371
up €60,371 (+9.6%), from €632,110 to €692,481
of which Other amounts receivable: +€90,867
- Cash +€18,984
up €18,984 (+771.3%), from €2,461 to €21,446
mainly Trade debts (+€90,003) and Net result for the year (+€76,039)
- Other debts -€90,748
down €90,748 (-64.6%), from €140,477 to €49,729
- Trade debts +€90,003
up €90,003 (+42.3%), from €212,842 to €302,845
- Profit (loss) carried forward +€76,039
up €76,039 (+52.1%), from €145,908 to €221,947
- Gross operating margin +€60,736
up €60,736 (+123.1%), from €49,346 to €110,082
- Taxes +€12,757
up €12,757 (+60.3%), from €21,143 to €33,900
- Financial charges -€2,760
down €2,760 (-95.1%), from €2,903 to €143
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 | €640,824 | €721,466 | +€80,642 | +12.6% |
| Fixed assets | 21/28 | €6,253 | €7,540 | +€1,286 | +20.6% |
| Tangible fixed assets | 22/27 | €1,553 | €2,840 | +€1,286 | +82.8% |
| Furniture and vehicles | 24 | €1,553 | €2,840 | +€1,286 | +82.8% |
| Financial fixed assets | 28 | €4,700 | €4,700 | = | 0.0% |
| Current assets | 29/58 | €634,571 | €713,927 | +€79,356 | +12.5% |
| Amounts receivable within one year | 40/41 | €632,110 | €692,481 | +€60,371 | +9.6% |
| Trade receivables | 40 | €417,133 | €386,637 | -€30,496 | -7.3% |
| Other amounts receivable | 41 | €214,977 | €305,844 | +€90,867 | +42.3% |
| Cash at bank and in hand | 54/58 | €2,461 | €21,446 | +€18,984 | +771.3% |
| Total equity and liabilities | 10/49 | €640,824 | €721,466 | +€80,642 | +12.6% |
| Equity | 10/15 | €165,908 | €241,947 | +€76,039 | +45.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,908 | €221,947 | +€76,039 | +52.1% |
| Amounts payable | 17/49 | €474,916 | €479,519 | +€4,603 | +1.0% |
| Amounts payable within one year | 42/48 | €474,916 | €479,519 | +€4,603 | +1.0% |
| Trade debts | 44 | €212,842 | €302,845 | +€90,003 | +42.3% |
| Suppliers | 440/4 | €212,842 | €302,845 | +€90,003 | +42.3% |
| Advances received on contracts in progress | 46 | €67,369 | €67,369 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €54,227 | €59,576 | +€5,349 | +9.9% |
| Taxes | 450/3 | €54,227 | €59,576 | +€5,349 | +9.9% |
| Other amounts payable | 47/48 | €140,477 | €49,729 | -€90,748 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106 | - | -€106 | |
| Gross operating margin | 9900 | €49,346 | €110,082 | +€60,736 | +123.1% |
| Operating profit (loss) | 9901 | €49,240 | €110,082 | +€60,842 | +123.6% |
| Financial charges | 65/66B | €2,903 | €143 | -€2,760 | -95.1% |
| Recurring financial charges | 65 | €2,903 | €143 | -€2,760 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | €46,337 | €109,939 | +€63,602 | +137.3% |
| Income taxes | 67/77 | €21,143 | €33,900 | +€12,757 | +60.3% |
| Profit (loss) for the period | 9904 | €25,194 | €76,039 | +€50,845 | +201.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,194 | €76,039 | +€50,845 | +201.8% |
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.