IMMO MAI: 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 MAI
Largest movements
- Tangible fixed assets -€7,485
down €7,485 (-2.1%), from €364,466 to €356,981
- Other debts +€25,848
up €25,848 (+17.3%), from €149,467 to €175,315
- Profit (loss) carried forward -€24,321
down €24,321 (-72.4%), from -€33,572 to -€57,893
- Debts after one year -€13,499
down €13,499 (-5.7%), from €237,931 to €224,433
- Gross operating margin +€11,545
up €11,545, from -€8,322 to €3,222
- Financial charges +€1,536
up €1,536 (+15.6%), from €9,865 to €11,401
- Depreciation +€1,122
up €1,122 (+8.7%), from €12,898 to €14,020
- Other operating charges -€364
down €364 (-14.7%), from €2,486 to €2,122
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 | €371,725 | €361,424 | -€10,301 | -2.8% |
| Fixed assets | 21/28 | €364,466 | €356,981 | -€7,485 | -2.1% |
| Tangible fixed assets | 22/27 | €364,466 | €356,981 | -€7,485 | -2.1% |
| Land and buildings | 22 | €364,466 | €356,981 | -€7,485 | -2.1% |
| Current assets | 29/58 | €7,259 | €4,443 | -€2,816 | -38.8% |
| Amounts receivable within one year | 40/41 | €265 | €0 | -€265 | -100.0% |
| Other amounts receivable | 41 | €265 | €0 | -€265 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,906 | €3,373 | -€3,533 | -51.2% |
| Deferred charges and accrued income | 490/1 | €88 | €1,070 | +€982 | +1117.1% |
| Total equity and liabilities | 10/49 | €371,725 | €361,424 | -€10,301 | -2.8% |
| Equity | 10/15 | -€28,572 | -€52,893 | -€24,321 | -85.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,572 | -€57,893 | -€24,321 | -72.4% |
| Amounts payable | 17/49 | €400,297 | €414,316 | +€14,020 | +3.5% |
| Amounts payable after more than one year | 17 | €237,931 | €224,433 | -€13,499 | -5.7% |
| Financial debts | 170/4 | €237,931 | €224,433 | -€13,499 | -5.7% |
| Amounts payable within one year | 42/48 | €162,365 | €189,884 | +€27,518 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €12,898 | €13,499 | +€601 | +4.7% |
| Trade debts | 44 | - | €1,070 | +€1,070 | |
| Suppliers | 440/4 | - | €1,070 | +€1,070 | |
| Other amounts payable | 47/48 | €149,467 | €175,315 | +€25,848 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,898 | €14,020 | +€1,122 | +8.7% |
| Other operating charges | 640/8 | €2,486 | €2,122 | -€364 | -14.7% |
| Gross operating margin | 9900 | -€8,322 | €3,222 | +€11,545 | |
| Operating profit (loss) | 9901 | -€23,707 | -€12,919 | +€10,787 | +45.5% |
| Financial charges | 65/66B | €9,865 | €11,401 | +€1,536 | +15.6% |
| Recurring financial charges | 65 | €9,865 | €11,401 | +€1,536 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,572 | -€24,321 | +€9,251 | +27.6% |
| Profit (loss) for the period | 9904 | -€33,572 | -€24,321 | +€9,251 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,572 | -€24,321 | +€9,251 | +27.6% |
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 7 October 2026 via checked.be.