NW-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.
NW-Immo
Largest movements
- Tangible fixed assets -€10,290
down €10,290 (-3.0%), from €339,546 to €329,256
of which Land and buildings: -€8,927
- Receivables within one year -€5,860
down €5,860 (-58.0%), from €10,110 to €4,250
of which Other amounts receivable: -€4,968
- Debts after one year -€15,512
down €15,512 (-5.0%), from €309,449 to €293,937
- Gross operating margin -€2,042
down €2,042 (-7.3%), from €28,075 to €26,033
- Depreciation +€507
up €507 (+3.3%), from €15,305 to €15,811
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 | €351,588 | €336,194 | -€15,394 | -4.4% |
| Fixed assets | 21/28 | €339,546 | €329,256 | -€10,290 | -3.0% |
| Tangible fixed assets | 22/27 | €339,546 | €329,256 | -€10,290 | -3.0% |
| Land and buildings | 22 | €324,746 | €315,819 | -€8,927 | -2.7% |
| Plant, machinery and equipment | 23 | €12,963 | €12,062 | -€901 | -6.9% |
| Furniture and vehicles | 24 | €1,837 | €1,374 | -€463 | -25.2% |
| Current assets | 29/58 | €12,042 | €6,938 | -€5,104 | -42.4% |
| Amounts receivable within one year | 40/41 | €10,110 | €4,250 | -€5,860 | -58.0% |
| Trade receivables | 40 | €5,143 | €4,250 | -€893 | -17.4% |
| Other amounts receivable | 41 | €4,968 | €0 | -€4,968 | -100.0% |
| Cash at bank and in hand | 54/58 | €773 | €449 | -€325 | -42.0% |
| Deferred charges and accrued income | 490/1 | €1,158 | €2,239 | +€1,082 | +93.4% |
| Total equity and liabilities | 10/49 | €351,588 | €336,194 | -€15,394 | -4.4% |
| Equity | 10/15 | €12,518 | €13,450 | +€932 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,318 | €7,250 | +€932 | +14.8% |
| Distributable reserves | 133 | €6,318 | €7,250 | +€932 | +14.8% |
| Amounts payable | 17/49 | €339,070 | €322,744 | -€16,327 | -4.8% |
| Amounts payable after more than one year | 17 | €309,449 | €293,937 | -€15,512 | -5.0% |
| Financial debts | 170/4 | €309,449 | €293,937 | -€15,512 | -5.0% |
| Amounts payable within one year | 42/48 | €28,791 | €28,357 | -€434 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €19,621 | €20,075 | +€454 | +2.3% |
| Trade debts | 44 | €3,229 | €1,833 | -€1,396 | -43.2% |
| Suppliers | 440/4 | €3,229 | €1,833 | -€1,396 | -43.2% |
| Taxes, remuneration and social security | 45 | €4,339 | €6,449 | +€2,111 | +48.6% |
| Taxes | 450/3 | €4,339 | €4,380 | +€41 | +1.0% |
| Remuneration and social security | 454/9 | - | €2,069 | +€2,069 | |
| Other amounts payable | 47/48 | €1,602 | €0 | -€1,602 | -100.0% |
| Accrued charges and deferred income | 492/3 | €830 | €449 | -€381 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,305 | €15,811 | +€507 | +3.3% |
| Other operating charges | 640/8 | €697 | €801 | +€104 | +14.9% |
| Gross operating margin | 9900 | €28,075 | €26,033 | -€2,042 | -7.3% |
| Operating profit (loss) | 9901 | €12,073 | €9,421 | -€2,653 | -22.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €7,710 | €7,574 | -€136 | -1.8% |
| Recurring financial charges | 65 | €7,710 | €7,574 | -€136 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €4,363 | €1,847 | -€2,516 | -57.7% |
| Income taxes | 67/77 | €928 | €915 | -€14 | -1.5% |
| Profit (loss) for the period | 9904 | €3,435 | €932 | -€2,502 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,435 | €932 | -€2,502 | -72.9% |
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.