IMMO M.V.D.: 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.
IMMO M.V.D.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€7,367
up €7,367 (+13.3%), from €55,561 to €62,928
- Tax, wage and social debts -€4,397
down €4,397 (-41.9%), from €10,495 to €6,098
- Gross operating margin -€238,971
down €238,971, from €237,070 to -€1,901
- Turnover -€10,000
no longer reported in 2025 (was €10,000)
- Taxes -€6,098
no longer reported in 2025 (was €6,098)
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 | €324,054 | €324,030 | -€24 | 0.0% |
| Current assets | 29/58 | €324,054 | €324,030 | -€24 | 0.0% |
| Amounts receivable within one year | 40/41 | €324,030 | €324,030 | = | 0.0% |
| Trade receivables | 40 | €324,030 | €324,030 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24 | - | -€24 | |
| Total equity and liabilities | 10/49 | €324,054 | €324,030 | -€24 | 0.0% |
| Equity | 10/15 | €198,798 | €196,748 | -€2,050 | -1.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €167,811 | €167,267 | -€544 | -0.3% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €157,204 | €157,204 | = | 0.0% |
| Distributable reserves | 133 | €7,509 | €6,964 | -€544 | -7.3% |
| Profit (loss) carried forward | 14 | - | -€1,506 | -€1,506 | |
| Provisions and deferred taxes | 16 | €52,401 | €52,401 | = | 0.0% |
| Deferred taxes | 168 | €52,401 | €52,401 | = | 0.0% |
| Amounts payable | 17/49 | €72,855 | €74,881 | +€2,026 | +2.8% |
| Amounts payable after more than one year | 17 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,855 | €71,881 | +€2,026 | +2.9% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €3,798 | €2,852 | -€947 | -24.9% |
| Suppliers | 440/4 | €3,798 | €2,852 | -€947 | -24.9% |
| Taxes, remuneration and social security | 45 | €10,495 | €6,098 | -€4,397 | -41.9% |
| Taxes | 450/3 | €10,495 | €6,098 | -€4,397 | -41.9% |
| Other amounts payable | 47/48 | €55,561 | €62,928 | +€7,367 | +13.3% |
| Turnover | 70 | €10,000 | - | -€10,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €935 | €1,901 | +€966 | +103.4% |
| Other operating charges | 640/8 | €1,965 | €66 | -€1,899 | -96.7% |
| Gross operating margin | 9900 | €237,070 | -€1,901 | -€238,971 | |
| Operating profit (loss) | 9901 | €235,105 | -€1,967 | -€237,072 | |
| Financial charges | 65/66B | €199 | €84 | -€115 | -57.9% |
| Recurring financial charges | 65 | €199 | €84 | -€115 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €234,907 | -€2,050 | -€236,957 | |
| Transfer to deferred taxes | 680 | €52,401 | - | -€52,401 | |
| Income taxes | 67/77 | €6,098 | - | -€6,098 | |
| Profit (loss) for the period | 9904 | €176,407 | -€2,050 | -€178,457 | |
| Transfer to tax-exempt reserves | 689 | €157,204 | - | -€157,204 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,203 | -€2,050 | -€21,254 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.