Immo Mabeme: 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 Mabeme
Largest movements
- Tangible fixed assets +€255,383
up €255,383 (+29.0%), from €880,957 to €1.1m
- Cash +€65,540
up €65,540 (+202%), from €32,392 to €97,932
mainly Debts after one year (+€270,918) and Depreciation (+€107,888)
- Debts after one year +€270,918
up €270,918 (+31.4%), from €862,435 to €1.1m
- Contributions +€90,000
up €90,000 (+484%), from €18,600 to €108,600
- Other debts -€39,756
down €39,756 (-100%), from €39,756 to €0
- Profit (loss) carried forward -€20,731
down €20,731 (-35.0%), from -€59,257 to -€79,988
- Current portion of long-term debt +€19,051
up €19,051 (+36.8%), from €51,816 to €70,867
- Depreciation +€46,716
up €46,716 (+76.4%), from €61,172 to €107,888
- Gross operating margin -€10,470
down €10,470 (-8.3%), from €126,904 to €116,435
- Financial charges -€1,856
down €1,856 (-7.3%), from €25,437 to €23,581
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €913,350 | €1,234,384 | +€321,034 | +35.1% |
| Fixed assets | 21/28 | €880,957 | €1,136,340 | +€255,383 | +29.0% |
| Tangible fixed assets | 22/27 | €880,957 | €1,136,340 | +€255,383 | +29.0% |
| Land and buildings | 22 | €880,957 | €1,136,340 | +€255,383 | +29.0% |
| Current assets | 29/58 | €32,392 | €98,044 | +€65,652 | +203% |
| Amounts receivable within one year | 40/41 | €0 | €112 | +€112 | |
| Other amounts receivable | 41 | €0 | €112 | +€112 | |
| Cash at bank and in hand | 54/58 | €32,392 | €97,932 | +€65,540 | +202% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €913,350 | €1,234,384 | +€321,034 | +35.1% |
| Equity | 10/15 | -€40,657 | €28,612 | +€69,269 | |
| Contributions | 10/11 | €18,600 | €108,600 | +€90,000 | +484% |
| Profit (loss) carried forward | 14 | -€59,257 | -€79,988 | -€20,731 | -35.0% |
| Amounts payable | 17/49 | €954,006 | €1,205,772 | +€251,766 | +26.4% |
| Amounts payable after more than one year | 17 | €862,435 | €1,133,352 | +€270,918 | +31.4% |
| Financial debts | 170/4 | €862,435 | €1,133,352 | +€270,918 | +31.4% |
| Amounts payable within one year | 42/48 | €91,572 | €70,877 | -€20,695 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €51,816 | €70,867 | +€19,051 | +36.8% |
| Trade debts | 44 | €0 | €10 | +€10 | |
| Suppliers | 440/4 | €0 | €10 | +€10 | |
| Other amounts payable | 47/48 | €39,756 | €0 | -€39,756 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,543 | +€1,543 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,172 | €107,888 | +€46,716 | +76.4% |
| Other operating charges | 640/8 | €5,333 | €5,697 | +€364 | +6.8% |
| Gross operating margin | 9900 | €126,904 | €116,435 | -€10,470 | -8.3% |
| Operating profit (loss) | 9901 | €60,399 | €2,850 | -€57,549 | -95.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €25,437 | €23,581 | -€1,856 | -7.3% |
| Recurring financial charges | 65 | €25,437 | €23,581 | -€1,856 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €34,962 | -€20,731 | -€55,694 | |
| Profit (loss) for the period | 9904 | €34,962 | -€20,731 | -€55,694 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,962 | -€20,731 | -€55,694 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.