NR 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.
NR IMMO
Largest movements
- Cash -€61,921
down €61,921 (-97.6%), from €63,431 to €1,510
mainly Debts after one year (-€22,678) and Stocks and contracts (-€15,417)
- Stocks and contracts +€15,417
up €15,417 (+2.4%), from €640,579 to €655,996
- Debts after one year -€22,678
down €22,678 (-12.0%), from €188,736 to €166,058
- Trade debts -€8,798
down €8,798 (-24.1%), from €36,543 to €27,745
- Gross operating margin -€29,980
down €29,980 (-50.2%), from €59,763 to €29,783
- Financial charges -€7,445
down €7,445 (-28.0%), from €26,564 to €19,119
- Other operating charges -€3,095
down €3,095 (-25.1%), from €12,321 to €9,226
- Taxes -€2,636
no longer reported in 2025 (was €2,636)
- Depreciation +€821
up €821 (+21.9%), from €3,742 to €4,563
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 | €816,958 | €779,027 | -€37,931 | -4.6% |
| Fixed assets | 21/28 | €38,004 | €44,138 | +€6,134 | +16.1% |
| Tangible fixed assets | 22/27 | €37,655 | €43,789 | +€6,134 | +16.3% |
| Land and buildings | 22 | €25,500 | €24,750 | -€750 | -2.9% |
| Plant, machinery and equipment | 23 | €10,106 | €18,240 | +€8,134 | +80.5% |
| Furniture and vehicles | 24 | €2,049 | €799 | -€1,250 | -61.0% |
| Financial fixed assets | 28 | €348 | €348 | = | 0.0% |
| Current assets | 29/58 | €778,954 | €734,889 | -€44,065 | -5.7% |
| Stocks and contracts in progress | 3 | €640,579 | €655,996 | +€15,417 | +2.4% |
| Stocks | 30/36 | €640,579 | €655,996 | +€15,417 | +2.4% |
| Amounts receivable within one year | 40/41 | €74,944 | €77,384 | +€2,439 | +3.3% |
| Other amounts receivable | 41 | €74,944 | €77,384 | +€2,439 | +3.3% |
| Cash at bank and in hand | 54/58 | €63,431 | €1,510 | -€61,921 | -97.6% |
| Total equity and liabilities | 10/49 | €816,958 | €779,027 | -€37,931 | -4.6% |
| Equity | 10/15 | €128,375 | €125,250 | -€3,125 | -2.4% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €96,000 | €96,000 | = | 0.0% |
| Distributable reserves | 133 | €96,000 | €96,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €375 | -€2,750 | -€3,125 | |
| Amounts payable | 17/49 | €688,583 | €653,777 | -€34,806 | -5.1% |
| Amounts payable after more than one year | 17 | €188,736 | €166,058 | -€22,678 | -12.0% |
| Financial debts | 170/4 | €188,736 | €166,058 | -€22,678 | -12.0% |
| Amounts payable within one year | 42/48 | €499,847 | €487,718 | -€12,129 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €202,341 | €202,678 | +€336 | +0.2% |
| Trade debts | 44 | €36,543 | €27,745 | -€8,798 | -24.1% |
| Suppliers | 440/4 | €36,543 | €27,745 | -€8,798 | -24.1% |
| Taxes, remuneration and social security | 45 | €2,636 | €2,645 | +€9 | +0.3% |
| Taxes | 450/3 | €2,636 | €2,645 | +€9 | +0.3% |
| Other amounts payable | 47/48 | €258,326 | €254,651 | -€3,675 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,742 | €4,563 | +€821 | +21.9% |
| Other operating charges | 640/8 | €12,321 | €9,226 | -€3,095 | -25.1% |
| Gross operating margin | 9900 | €59,763 | €29,783 | -€29,980 | -50.2% |
| Operating profit (loss) | 9901 | €43,700 | €15,994 | -€27,706 | -63.4% |
| Financial charges | 65/66B | €26,564 | €19,119 | -€7,445 | -28.0% |
| Recurring financial charges | 65 | €26,564 | €19,119 | -€7,445 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €17,136 | -€3,125 | -€20,261 | |
| Income taxes | 67/77 | €2,636 | - | -€2,636 | |
| Profit (loss) for the period | 9904 | €14,500 | -€3,125 | -€17,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,500 | -€3,125 | -€17,625 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.