IMMO M.B.: 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.
IMMO M.B.
Largest movements
- Tangible fixed assets -€159,196
down €159,196 (-25.7%), from €620,224 to €461,028
of which Land and buildings: -€94,702
- Cash +€53,744
up €53,744 (+754.1%), from €7,127 to €60,872
mainly Net result for the year (+€123,298) and Investment in fixed assets (net) (+€107,053)
- Debts after one year -€213,677
down €213,677 (-63.0%), from €339,314 to €125,637
- Profit (loss) carried forward +€123,298
up €123,298 (+73.4%), from €167,923 to €291,221
- Current portion of long-term debt -€14,063
down €14,063 (-56.0%), from €25,124 to €11,061
- Gross operating margin +€143,876
up €143,876 (+321.9%), from €44,701 to €188,577
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 | €627,835 | €523,394 | -€104,441 | -16.6% |
| Fixed assets | 21/28 | €620,224 | €461,028 | -€159,196 | -25.7% |
| Tangible fixed assets | 22/27 | €620,224 | €461,028 | -€159,196 | -25.7% |
| Land and buildings | 22 | €462,251 | €367,549 | -€94,702 | -20.5% |
| Other tangible fixed assets | 26 | €157,973 | €93,479 | -€64,495 | -40.8% |
| Current assets | 29/58 | €7,611 | €62,366 | +€54,755 | +719.4% |
| Amounts receivable within one year | 40/41 | €9 | €24 | +€15 | +181.5% |
| Trade receivables | 40 | - | €24 | +€24 | |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €7,127 | €60,872 | +€53,744 | +754.1% |
| Deferred charges and accrued income | 490/1 | €475 | €1,471 | +€995 | +209.5% |
| Total equity and liabilities | 10/49 | €627,835 | €523,394 | -€104,441 | -16.6% |
| Equity | 10/15 | €263,386 | €386,684 | +€123,298 | +46.8% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Reserves | 13 | €8,700 | €8,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,700 | €8,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,700 | €8,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,923 | €291,221 | +€123,298 | +73.4% |
| Amounts payable | 17/49 | €364,449 | €136,710 | -€227,739 | -62.5% |
| Amounts payable after more than one year | 17 | €339,314 | €125,637 | -€213,677 | -63.0% |
| Financial debts | 170/4 | €339,314 | €125,637 | -€213,677 | -63.0% |
| Amounts payable within one year | 42/48 | €25,136 | €11,073 | -€14,063 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | €25,124 | €11,061 | -€14,063 | -56.0% |
| Trade debts | 44 | €12 | €12 | = | 0.0% |
| Suppliers | 440/4 | €12 | €12 | = | 0.0% |
| Non-recurring operating income | 76A | - | €157,947 | +€157,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,783 | €52,144 | +€361 | +0.7% |
| Other operating charges | 640/8 | €3,491 | €3,923 | +€432 | +12.4% |
| Gross operating margin | 9900 | €44,701 | €188,577 | +€143,876 | +321.9% |
| Operating profit (loss) | 9901 | -€10,573 | €132,510 | +€143,083 | |
| Financial charges | 65/66B | €7,473 | €9,204 | +€1,731 | +23.2% |
| Recurring financial charges | 65 | €7,473 | €9,204 | +€1,731 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,046 | €123,307 | +€141,353 | |
| Income taxes | 67/77 | - | €9 | +€9 | |
| Profit (loss) for the period | 9904 | -€18,046 | €123,298 | +€141,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,046 | €123,298 | +€141,344 |
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 29 September 2026 via checked.be.