IMMO MARVIA: 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 MARVIA
Largest movements
- Cash +€17,962
up €17,962 (+15.7%), from €114,310 to €132,273
mainly Net result for the year (+€12,252) and Depreciation (+€7,211)
- Tangible fixed assets -€7,211
down €7,211 (-7.9%), from €91,342 to €84,131
- Reserves +€12,252
up €12,252 (+11.7%), from €105,061 to €117,313
- Debts after one year -€9,303
down €9,303 (-11.7%), from €79,567 to €70,265
- Other debts +€5,400
up €5,400 (+100.0%), from €5,400 to €10,800
No income-statement line moved by more than 1% of the activity.
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 | €217,907 | €227,425 | +€9,518 | +4.4% |
| Fixed assets | 21/28 | €91,342 | €84,131 | -€7,211 | -7.9% |
| Tangible fixed assets | 22/27 | €91,342 | €84,131 | -€7,211 | -7.9% |
| Land and buildings | 22 | €91,342 | €84,131 | -€7,211 | -7.9% |
| Current assets | 29/58 | €126,565 | €143,294 | +€16,729 | +13.2% |
| Amounts receivable within one year | 40/41 | €12,255 | €11,022 | -€1,233 | -10.1% |
| Trade receivables | 40 | €3,182 | €3,000 | -€182 | -5.7% |
| Other amounts receivable | 41 | €9,073 | €8,022 | -€1,052 | -11.6% |
| Cash at bank and in hand | 54/58 | €114,310 | €132,273 | +€17,962 | +15.7% |
| Total equity and liabilities | 10/49 | €217,907 | €227,425 | +€9,518 | +4.4% |
| Equity | 10/15 | €123,661 | €135,913 | +€12,252 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,061 | €117,313 | +€12,252 | +11.7% |
| Distributable reserves | 133 | €105,061 | €117,313 | +€12,252 | +11.7% |
| Amounts payable | 17/49 | €94,246 | €91,512 | -€2,734 | -2.9% |
| Amounts payable after more than one year | 17 | €79,567 | €70,265 | -€9,303 | -11.7% |
| Financial debts | 170/4 | €79,567 | €70,265 | -€9,303 | -11.7% |
| Amounts payable within one year | 42/48 | €14,679 | €21,247 | +€6,568 | +44.7% |
| Current portion of amounts payable after more than one year | 42 | €9,129 | €9,303 | +€174 | +1.9% |
| Trade debts | 44 | €150 | €787 | +€637 | +424.3% |
| Suppliers | 440/4 | €150 | €787 | +€637 | +424.3% |
| Taxes, remuneration and social security | 45 | - | €358 | +€358 | |
| Taxes | 450/3 | - | €358 | +€358 | |
| Other amounts payable | 47/48 | €5,400 | €10,800 | +€5,400 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,211 | €7,211 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,004 | €1,036 | +€32 | +3.2% |
| Gross operating margin | 9900 | €26,854 | €26,833 | -€21 | -0.1% |
| Operating profit (loss) | 9901 | €18,639 | €18,586 | -€53 | -0.3% |
| Financial charges | 65/66B | €2,020 | €1,975 | -€44 | -2.2% |
| Recurring financial charges | 65 | €2,020 | €1,975 | -€44 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €16,619 | €16,610 | -€9 | -0.1% |
| Income taxes | 67/77 | €4,360 | €4,358 | -€2 | -0.1% |
| Profit (loss) for the period | 9904 | €12,259 | €12,252 | -€7 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,259 | €12,252 | -€7 | -0.1% |
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 6 October 2026 via checked.be.