NT IMMO POP: 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.
NT IMMO POP
Largest movements
- Cash -€16,816
down €16,816 (-92.9%), from €18,106 to €1,290
mainly Net result for the year (-€17,021) and Tax, wage and social debts (-€6,902)
- Receivables within one year -€3,169
down €3,169 (-7.0%), from €45,340 to €42,171
of which Trade receivables: -€2,332
- Tangible fixed assets +€1,839
up €1,839 (+63.8%), from €2,883 to €4,722
of which Plant, machinery and equipment: +€2,971
- Profit (loss) carried forward -€17,021
down €17,021 (-36.5%), from €46,613 to €29,592
- Tax, wage and social debts -€6,902
down €6,902 (-47.6%), from €14,514 to €7,612
of which Remuneration and social security: -€5,625
- Trade debts +€5,822
up €5,822 (+172%), from €3,393 to €9,214
- Gross operating margin -€19,361
down €19,361, from €9,033 to -€10,327
- Staff costs -€2,893
down €2,893 (-44.5%), from €6,503 to €3,610
- Other operating charges -€1,278
down €1,278 (-56.3%), from €2,269 to €990
- Depreciation +€1,103
up €1,103 (+215%), from €514 to €1,617
- Taxes -€386
down €386 (-97.3%), from €397 to €11
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 | €67,020 | €48,918 | -€18,102 | -27.0% |
| Fixed assets | 21/28 | €2,883 | €4,722 | +€1,839 | +63.8% |
| Tangible fixed assets | 22/27 | €2,883 | €4,722 | +€1,839 | +63.8% |
| Plant, machinery and equipment | 23 | - | €2,971 | +€2,971 | |
| Furniture and vehicles | 24 | €2,883 | €1,751 | -€1,132 | -39.3% |
| Current assets | 29/58 | €64,137 | €44,196 | -€19,941 | -31.1% |
| Amounts receivable within one year | 40/41 | €45,340 | €42,171 | -€3,169 | -7.0% |
| Trade receivables | 40 | €33,831 | €31,499 | -€2,332 | -6.9% |
| Other amounts receivable | 41 | €11,509 | €10,672 | -€838 | -7.3% |
| Cash at bank and in hand | 54/58 | €18,106 | €1,290 | -€16,816 | -92.9% |
| Deferred charges and accrued income | 490/1 | €690 | €735 | +€45 | +6.5% |
| Total equity and liabilities | 10/49 | €67,020 | €48,918 | -€18,102 | -27.0% |
| Equity | 10/15 | €49,113 | €32,092 | -€17,021 | -34.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,613 | €29,592 | -€17,021 | -36.5% |
| Amounts payable | 17/49 | €17,907 | €16,826 | -€1,081 | -6.0% |
| Amounts payable within one year | 42/48 | €17,907 | €16,826 | -€1,081 | -6.0% |
| Trade debts | 44 | €3,393 | €9,214 | +€5,822 | +172% |
| Suppliers | 440/4 | €3,393 | €9,214 | +€5,822 | +172% |
| Taxes, remuneration and social security | 45 | €14,514 | €7,612 | -€6,902 | -47.6% |
| Taxes | 450/3 | €8,889 | €7,612 | -€1,277 | -14.4% |
| Remuneration and social security | 454/9 | €5,625 | €0 | -€5,625 | -100% |
| Remuneration, social security and pensions | 62 | €6,503 | €3,610 | -€2,893 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514 | €1,617 | +€1,103 | +215% |
| Other operating charges | 640/8 | €2,269 | €990 | -€1,278 | -56.3% |
| Gross operating margin | 9900 | €9,033 | -€10,327 | -€19,361 | |
| Operating profit (loss) | 9901 | -€252 | -€16,544 | -€16,293 | -6,477% |
| Financial income | 75/76B | €218 | €196 | -€22 | -10.0% |
| Recurring financial income | 75 | €218 | €196 | -€22 | -10.0% |
| Financial charges | 65/66B | €295 | €663 | +€368 | +125% |
| Recurring financial charges | 65 | €295 | €663 | +€368 | +125% |
| Profit (loss) for the period before taxes | 9903 | -€328 | -€17,010 | -€16,682 | -5,079% |
| Income taxes | 67/77 | €397 | €11 | -€386 | -97.3% |
| Profit (loss) for the period | 9904 | -€725 | -€17,021 | -€16,296 | -2,248% |
| Profit (loss) for the period to be appropriated | 9905 | -€725 | -€17,021 | -€16,296 | -2,248% |
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 23 October 2026 via checked.be.