IMMO MAMINO: 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 MAMINO
Largest movements
- Tangible fixed assets -€19,718
down €19,718 (-2.5%), from €791,575 to €771,857
- Cash +€9,856
up €9,856 (+447%), from €2,205 to €12,061
mainly Depreciation (+€19,718) and Net result for the year (+€13,516)
- Debts after one year -€16,483
down €16,483 (-96.8%), from €17,033 to €550
of which Financial debts: -€16,483
- Reserves +€13,000
up €13,000 (+10.5%), from €123,360 to €136,360
of which Distributable reserves: +€13,000
- Other operating charges -€2,690
down €2,690 (-29.7%), from €9,050 to €6,360
- Taxes +€774
up €774 (+13.5%), from €5,729 to €6,503
- Depreciation +€641
up €641 (+3.4%), from €19,077 to €19,718
- Gross operating margin +€513
up €513 (+1.1%), from €46,589 to €47,102
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 | €798,015 | €787,176 | -€10,839 | -1.4% |
| Fixed assets | 21/28 | €792,775 | €773,057 | -€19,718 | -2.5% |
| Tangible fixed assets | 22/27 | €791,575 | €771,857 | -€19,718 | -2.5% |
| Land and buildings | 22 | €791,575 | €771,857 | -€19,718 | -2.5% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €5,241 | €14,120 | +€8,879 | +169% |
| Amounts receivable within one year | 40/41 | €2,886 | €59 | -€2,827 | -98.0% |
| Trade receivables | 40 | €500 | - | -€500 | |
| Other amounts receivable | 41 | €2,386 | €59 | -€2,327 | -97.5% |
| Cash at bank and in hand | 54/58 | €2,205 | €12,061 | +€9,856 | +447% |
| Deferred charges and accrued income | 490/1 | €150 | €2,000 | +€1,850 | +1,231% |
| Total equity and liabilities | 10/49 | €798,015 | €787,176 | -€10,839 | -1.4% |
| Equity | 10/15 | €745,437 | €758,953 | +€13,516 | +1.8% |
| Contributions | 10/11 | €86,200 | €86,200 | = | 0.0% |
| Revaluation surpluses | 12 | €535,191 | €535,191 | = | 0.0% |
| Reserves | 13 | €123,360 | €136,360 | +€13,000 | +10.5% |
| Non-distributable reserves | 130/1 | €9,860 | €9,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,860 | €9,860 | = | 0.0% |
| Distributable reserves | 133 | €113,500 | €126,500 | +€13,000 | +11.5% |
| Profit (loss) carried forward | 14 | €686 | €1,202 | +€516 | +75.2% |
| Amounts payable | 17/49 | €52,578 | €28,223 | -€24,355 | -46.3% |
| Amounts payable after more than one year | 17 | €17,033 | €550 | -€16,483 | -96.8% |
| Financial debts | 170/4 | €16,483 | - | -€16,483 | |
| Trade debts | 175 | €550 | €550 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,545 | €27,673 | -€7,871 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €22,162 | €16,483 | -€5,679 | -25.6% |
| Trade debts | 44 | €1,198 | €1,264 | +€67 | +5.6% |
| Suppliers | 440/4 | €1,198 | €1,264 | +€67 | +5.6% |
| Taxes, remuneration and social security | 45 | €8,583 | €9,763 | +€1,180 | +13.8% |
| Taxes | 450/3 | €8,583 | €9,763 | +€1,180 | +13.8% |
| Other amounts payable | 47/48 | €3,602 | €162 | -€3,440 | -95.5% |
| Non-recurring operating income | 76A | €60 | - | -€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,077 | €19,718 | +€641 | +3.4% |
| Other operating charges | 640/8 | €9,050 | €6,360 | -€2,690 | -29.7% |
| Non-recurring operating charges | 66A | €120 | - | -€120 | |
| Gross operating margin | 9900 | €46,589 | €47,102 | +€513 | +1.1% |
| Operating profit (loss) | 9901 | €18,343 | €21,025 | +€2,682 | +14.6% |
| Financial income | 75/76B | €151 | - | -€151 | |
| Recurring financial income | 75 | €151 | - | -€151 | |
| Financial charges | 65/66B | €1,113 | €1,006 | -€107 | -9.7% |
| Recurring financial charges | 65 | €1,113 | €1,006 | -€107 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €17,380 | €20,019 | +€2,639 | +15.2% |
| Income taxes | 67/77 | €5,729 | €6,503 | +€774 | +13.5% |
| Profit (loss) for the period | 9904 | €11,651 | €13,516 | +€1,865 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,651 | €13,516 | +€1,865 | +16.0% |
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 15 October 2026 via checked.be.