TNR Immo: 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.
TNR Immo
Largest movements
- Tangible fixed assets -€35,134
down €35,134 (-5.3%), from €665,136 to €630,003
- Cash +€7,329
up €7,329 (+18.3%), from €40,109 to €47,438
mainly Depreciation (+€35,134) and Net result for the year (+€11,445)
- Debts after one year -€39,518
down €39,518 (-6.3%), from €629,472 to €589,954
- Profit (loss) carried forward +€11,445
up €11,445 (+34.9%), from €32,755 to €44,200
- Taxes +€895
up €895 (+30.6%), from €2,921 to €3,815
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 | €707,192 | €679,387 | -€27,805 | -3.9% |
| Fixed assets | 21/28 | €665,136 | €630,003 | -€35,134 | -5.3% |
| Tangible fixed assets | 22/27 | €665,136 | €630,003 | -€35,134 | -5.3% |
| Land and buildings | 22 | €665,136 | €630,003 | -€35,134 | -5.3% |
| Current assets | 29/58 | €42,056 | €49,385 | +€7,329 | +17.4% |
| Amounts receivable after more than one year | 29 | €1,947 | €1,947 | = | 0.0% |
| Trade receivables | 290 | - | €1,947 | +€1,947 | |
| Other amounts receivable | 291 | €1,947 | - | -€1,947 | |
| Cash at bank and in hand | 54/58 | €40,109 | €47,438 | +€7,329 | +18.3% |
| Total equity and liabilities | 10/49 | €707,192 | €679,387 | -€27,805 | -3.9% |
| Equity | 10/15 | €38,155 | €49,600 | +€11,445 | +30.0% |
| Contributions | 10/11 | €5,400 | €5,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,755 | €44,200 | +€11,445 | +34.9% |
| Amounts payable | 17/49 | €669,037 | €629,787 | -€39,250 | -5.9% |
| Amounts payable after more than one year | 17 | €629,472 | €589,954 | -€39,518 | -6.3% |
| Financial debts | 170/4 | €629,472 | €589,954 | -€39,518 | -6.3% |
| Amounts payable within one year | 42/48 | €39,565 | €39,833 | +€268 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €39,144 | €39,518 | +€373 | +1.0% |
| Taxes, remuneration and social security | 45 | €421 | €315 | -€105 | -25.1% |
| Taxes | 450/3 | €421 | €315 | -€105 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,134 | €35,134 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €55,002 | €55,351 | +€349 | +0.6% |
| Operating profit (loss) | 9901 | €19,364 | €19,698 | +€334 | +1.7% |
| Financial charges | 65/66B | €4,820 | €4,438 | -€382 | -7.9% |
| Recurring financial charges | 65 | €4,820 | €4,438 | -€382 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €14,544 | €15,260 | +€717 | +4.9% |
| Income taxes | 67/77 | €2,921 | €3,815 | +€895 | +30.6% |
| Profit (loss) for the period | 9904 | €11,623 | €11,445 | -€178 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,623 | €11,445 | -€178 | -1.5% |
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 14 October 2026 via checked.be.