Immo Mabbe: 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 Mabbe
Largest movements
- Tangible fixed assets -€59,248
down €59,248 (-2.5%), from €2.4m to €2.3m
of which Land and buildings: -€57,301
- Cash +€53,193
up €53,193 (+48.4%), from €109,808 to €163,001
mainly Depreciation (+€72,022) and Net result for the year (+€26,124)
- Debts after one year -€55,648
down €55,648 (-8.8%), from €632,534 to €576,886
- Profit (loss) carried forward +€25,871
up €25,871, from -€21,066 to €4,806
- Other debts +€25,506
up €25,506 (+3.0%), from €850,191 to €875,696
- Gross operating margin +€6,169
up €6,169 (+4.5%), from €138,062 to €144,231
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 | €2,527,609 | €2,521,554 | -€6,056 | -0.2% |
| Fixed assets | 21/28 | €2,411,509 | €2,352,260 | -€59,248 | -2.5% |
| Tangible fixed assets | 22/27 | €2,406,509 | €2,347,260 | -€59,248 | -2.5% |
| Land and buildings | 22 | €2,314,718 | €2,257,417 | -€57,301 | -2.5% |
| Plant, machinery and equipment | 23 | €91,791 | €89,843 | -€1,948 | -2.1% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €116,100 | €169,293 | +€53,193 | +45.8% |
| Amounts receivable within one year | 40/41 | €593 | €593 | = | 0.0% |
| Trade receivables | 40 | €303 | €303 | = | 0.0% |
| Other amounts receivable | 41 | €290 | €290 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,808 | €163,001 | +€53,193 | +48.4% |
| Deferred charges and accrued income | 490/1 | €5,700 | €5,700 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,527,609 | €2,521,554 | -€6,056 | -0.2% |
| Equity | 10/15 | €978,934 | €1,005,059 | +€26,124 | +2.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | - | €253 | +€253 | |
| Non-distributable reserves | 130/1 | - | €253 | +€253 | |
| Legal reserve | 130 | - | €253 | +€253 | |
| Profit (loss) carried forward | 14 | -€21,066 | €4,806 | +€25,871 | |
| Amounts payable | 17/49 | €1,548,675 | €1,516,495 | -€32,180 | -2.1% |
| Amounts payable after more than one year | 17 | €632,534 | €576,886 | -€55,648 | -8.8% |
| Financial debts | 170/4 | €632,534 | €576,886 | -€55,648 | -8.8% |
| Amounts payable within one year | 42/48 | €916,141 | €939,609 | +€23,468 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €54,642 | €55,648 | +€1,006 | +1.8% |
| Trade debts | 44 | €4,547 | €1,251 | -€3,296 | -72.5% |
| Suppliers | 440/4 | €4,547 | €1,251 | -€3,296 | -72.5% |
| Taxes, remuneration and social security | 45 | €6,761 | €7,014 | +€253 | +3.7% |
| Taxes | 450/3 | €6,761 | €7,014 | +€253 | +3.7% |
| Other amounts payable | 47/48 | €850,191 | €875,696 | +€25,506 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,237 | €72,022 | +€785 | +1.1% |
| Other operating charges | 640/8 | €7,479 | €8,356 | +€877 | +11.7% |
| Gross operating margin | 9900 | €138,062 | €144,231 | +€6,169 | +4.5% |
| Operating profit (loss) | 9901 | €59,347 | €63,854 | +€4,507 | +7.6% |
| Financial charges | 65/66B | €38,002 | €37,730 | -€272 | -0.7% |
| Recurring financial charges | 65 | €38,002 | €37,730 | -€272 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €21,345 | €26,124 | +€4,779 | +22.4% |
| Profit (loss) for the period | 9904 | €21,345 | €26,124 | +€4,779 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,345 | €26,124 | +€4,779 | +22.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.