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
- Receivables after one year -€54,000
down €54,000 (-25.5%), from €211,846 to €157,846
- Receivables within one year -€25,500
down €25,500 (-82.8%), from €30,800 to €5,300
- Debts after one year -€75,000
down €75,000 (-12.4%), from €603,000 to €528,000
- Gross operating margin -€4,101
down €4,101 (-12419.7%), from -€33 to -€4,134
- Other operating charges +€186
up €186 (+148.8%), from €125 to €311
- Financial charges +€67
up €67 (+69.6%), from €96 to €162
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 | €954,451 | €876,452 | -€78,000 | -8.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €711,588 | €711,588 | = | 0.0% |
| Financial fixed assets | 28 | €711,588 | €711,588 | = | 0.0% |
| Current assets | 29/58 | €242,863 | €164,863 | -€78,000 | -32.1% |
| Amounts receivable after more than one year | 29 | €211,846 | €157,846 | -€54,000 | -25.5% |
| Other amounts receivable | 291 | €211,846 | €157,846 | -€54,000 | -25.5% |
| Amounts receivable within one year | 40/41 | €30,800 | €5,300 | -€25,500 | -82.8% |
| Other amounts receivable | 41 | €30,800 | €5,300 | -€25,500 | -82.8% |
| Cash at bank and in hand | 54/58 | €217 | €1,717 | +€1,500 | +692.5% |
| Total equity and liabilities | 10/49 | €954,451 | €876,452 | -€78,000 | -8.2% |
| Equity | 10/15 | €34,522 | €29,915 | -€4,607 | -13.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,478 | -€10,085 | -€4,607 | -84.1% |
| Amounts payable | 17/49 | €919,929 | €846,537 | -€73,392 | -8.0% |
| Amounts payable after more than one year | 17 | €603,000 | €528,000 | -€75,000 | -12.4% |
| Financial debts | 170/4 | €603,000 | €528,000 | -€75,000 | -12.4% |
| Amounts payable within one year | 42/48 | €316,929 | €318,537 | +€1,608 | +0.5% |
| Financial debts | 43 | €45 | - | -€45 | |
| Credit institutions | 430/8 | €45 | - | -€45 | |
| Trade debts | 44 | €625 | €1,995 | +€1,369 | +219.0% |
| Suppliers | 440/4 | €625 | €1,995 | +€1,369 | +219.0% |
| Other amounts payable | 47/48 | €316,259 | €316,543 | +€283 | +0.1% |
| Other operating charges | 640/8 | €125 | €311 | +€186 | +148.8% |
| Gross operating margin | 9900 | -€33 | -€4,134 | -€4,101 | -12419.7% |
| Operating profit (loss) | 9901 | -€158 | -€4,445 | -€4,287 | -2712.9% |
| Financial charges | 65/66B | €96 | €162 | +€67 | +69.6% |
| Recurring financial charges | 65 | €96 | €162 | +€67 | +69.6% |
| Profit (loss) for the period before taxes | 9903 | -€254 | -€4,607 | -€4,354 | -1716.2% |
| Profit (loss) for the period | 9904 | -€254 | -€4,607 | -€4,354 | -1716.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€254 | -€4,607 | -€4,354 | -1716.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.