Immo Malpertuus: 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 Malpertuus
Largest movements
- Tangible fixed assets -€71,619
down €71,619 (-2.8%), from €2.5m to €2.5m
of which Land and buildings: -€70,610
- Debts after one year -€131,682
down €131,682 (-6.4%), from €2.1m to €1.9m
- Profit (loss) carried forward +€86,121
up €86,121 (+254%), from €33,956 to €120,078
- Other debts -€40,000
down €40,000 (-17.9%), from €223,030 to €183,030
- Gross operating margin +€10,055
up €10,055 (+5.4%), from €185,928 to €195,982
- Other operating charges +€4,154
up €4,154 (+83.2%), from €4,995 to €9,149
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.
Derived cash bridge
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 | €2,573,123 | €2,488,749 | -€84,374 | -3.3% |
| Fixed assets | 21/28 | €2,539,212 | €2,467,593 | -€71,619 | -2.8% |
| Tangible fixed assets | 22/27 | €2,539,212 | €2,467,593 | -€71,619 | -2.8% |
| Land and buildings | 22 | €2,530,232 | €2,459,621 | -€70,610 | -2.8% |
| Plant, machinery and equipment | 23 | €8,980 | €7,972 | -€1,008 | -11.2% |
| Current assets | 29/58 | €33,912 | €21,156 | -€12,756 | -37.6% |
| Amounts receivable within one year | 40/41 | €622 | €1,103 | +€481 | +77.3% |
| Trade receivables | 40 | €622 | €1,103 | +€481 | +77.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €33,289 | €20,053 | -€13,237 | -39.8% |
| Total equity and liabilities | 10/49 | €2,573,123 | €2,488,749 | -€84,374 | -3.3% |
| Equity | 10/15 | €143,956 | €230,078 | +€86,121 | +59.8% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,956 | €120,078 | +€86,121 | +254% |
| Amounts payable | 17/49 | €2,429,167 | €2,258,671 | -€170,496 | -7.0% |
| Amounts payable after more than one year | 17 | €2,070,793 | €1,939,111 | -€131,682 | -6.4% |
| Financial debts | 170/4 | €2,070,793 | €1,939,111 | -€131,682 | -6.4% |
| Amounts payable within one year | 42/48 | €358,374 | €319,560 | -€38,813 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €129,969 | €131,682 | +€1,713 | +1.3% |
| Trade debts | 44 | - | €29 | +€29 | |
| Suppliers | 440/4 | - | €29 | +€29 | |
| Taxes, remuneration and social security | 45 | €5,374 | €4,819 | -€555 | -10.3% |
| Taxes | 450/3 | €5,374 | €4,819 | -€555 | -10.3% |
| Other amounts payable | 47/48 | €223,030 | €183,030 | -€40,000 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,415 | €71,619 | +€204 | +0.3% |
| Other operating charges | 640/8 | €4,995 | €9,149 | +€4,154 | +83.2% |
| Gross operating margin | 9900 | €185,928 | €195,982 | +€10,055 | +5.4% |
| Operating profit (loss) | 9901 | €109,518 | €115,215 | +€5,697 | +5.2% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €30,817 | €29,094 | -€1,723 | -5.6% |
| Recurring financial charges | 65 | €30,817 | €29,094 | -€1,723 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €78,703 | €86,121 | +€7,418 | +9.4% |
| Profit (loss) for the period | 9904 | €78,703 | €86,121 | +€7,418 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,703 | €86,121 | +€7,418 | +9.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.