IMMO MANAGEMENT MVB: 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 MANAGEMENT MVB
Largest movements
- Tangible fixed assets -€43,685
down €43,685 (-6.4%), from €680,572 to €636,887
of which Land and buildings: -€42,643
- Debts after one year -€31,822
down €31,822 (-12.6%), from €251,750 to €219,928
- Other debts +€22,619
up €22,619 (+10980.3%), from €206 to €22,825
- Current portion of long-term debt -€21,853
down €21,853 (-18.9%), from €115,557 to €93,704
- Tax, wage and social debts -€16,575
down €16,575 (-54.4%), from €30,487 to €13,912
of which Taxes: -€16,386
- Reserves -€8,357
down €8,357 (-5.5%), from €152,029 to €143,672
- Gross operating margin -€13,392
down €13,392 (-14.2%), from €93,997 to €80,605
- Taxes -€5,395
down €5,395 (-34.3%), from €15,747 to €10,352
- Depreciation +€3,397
up €3,397 (+14.1%), from €24,146 to €27,543
- Financial charges -€1,639
down €1,639 (-8.6%), from €19,005 to €17,366
- Other operating charges +€1,260
up €1,260 (+14.3%), from €8,801 to €10,061
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 | €752,779 | €700,365 | -€52,414 | -7.0% |
| Fixed assets | 21/28 | €686,772 | €643,087 | -€43,685 | -6.4% |
| Tangible fixed assets | 22/27 | €680,572 | €636,887 | -€43,685 | -6.4% |
| Land and buildings | 22 | €674,837 | €632,194 | -€42,643 | -6.3% |
| Plant, machinery and equipment | 23 | €4,707 | €4,189 | -€518 | -11.0% |
| Furniture and vehicles | 24 | €1,028 | €504 | -€524 | -51.0% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €66,007 | €57,278 | -€8,729 | -13.2% |
| Amounts receivable within one year | 40/41 | - | €1,606 | +€1,606 | |
| Trade receivables | 40 | - | €1,606 | +€1,606 | |
| Cash at bank and in hand | 54/58 | €43,422 | €38,083 | -€5,339 | -12.3% |
| Deferred charges and accrued income | 490/1 | €22,585 | €17,590 | -€4,995 | -22.1% |
| Total equity and liabilities | 10/49 | €752,779 | €700,365 | -€52,414 | -7.0% |
| Equity | 10/15 | €212,029 | €203,672 | -€8,357 | -3.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €152,029 | €143,672 | -€8,357 | -5.5% |
| Distributable reserves | 133 | €152,029 | €143,672 | -€8,357 | -5.5% |
| Amounts payable | 17/49 | €540,750 | €496,693 | -€44,057 | -8.1% |
| Amounts payable after more than one year | 17 | €251,750 | €219,928 | -€31,822 | -12.6% |
| Financial debts | 170/4 | €251,750 | €219,928 | -€31,822 | -12.6% |
| Amounts payable within one year | 42/48 | €283,844 | €272,534 | -€11,310 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €115,557 | €93,704 | -€21,853 | -18.9% |
| Financial debts | 43 | €128,675 | €128,675 | = | 0.0% |
| Credit institutions | 430/8 | €128,675 | €128,675 | = | 0.0% |
| Trade debts | 44 | €8,919 | €13,418 | +€4,499 | +50.4% |
| Suppliers | 440/4 | €8,919 | €13,418 | +€4,499 | +50.4% |
| Taxes, remuneration and social security | 45 | €30,487 | €13,912 | -€16,575 | -54.4% |
| Taxes | 450/3 | €28,880 | €12,494 | -€16,386 | -56.7% |
| Remuneration and social security | 454/9 | €1,607 | €1,419 | -€188 | -11.7% |
| Other amounts payable | 47/48 | €206 | €22,825 | +€22,619 | +10980.3% |
| Accrued charges and deferred income | 492/3 | €5,156 | €4,230 | -€926 | -18.0% |
| Non-recurring operating income | 76A | €18,278 | €20,492 | +€2,214 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,146 | €27,543 | +€3,397 | +14.1% |
| Other operating charges | 640/8 | €8,801 | €10,061 | +€1,260 | +14.3% |
| Non-recurring operating charges | 66A | - | -€1 | -€1 | |
| Gross operating margin | 9900 | €93,997 | €80,605 | -€13,392 | -14.2% |
| Operating profit (loss) | 9901 | €61,050 | €43,002 | -€18,048 | -29.6% |
| Financial income | 75/76B | €127 | €117 | -€10 | -8.2% |
| Recurring financial income | 75 | €127 | €117 | -€10 | -8.2% |
| Financial charges | 65/66B | €19,005 | €17,366 | -€1,639 | -8.6% |
| Recurring financial charges | 65 | €19,005 | €17,366 | -€1,639 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €42,172 | €25,753 | -€16,419 | -38.9% |
| Income taxes | 67/77 | €15,747 | €10,352 | -€5,395 | -34.3% |
| Profit (loss) for the period | 9904 | €26,425 | €15,401 | -€11,024 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,425 | €15,401 | -€11,024 | -41.7% |
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 12 October 2026 via checked.be.