Immo Maurice: 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 Maurice
Largest movements
- Tangible fixed assets +€90,992
up €90,992 (+1.9%), from €4.7m to €4.8m
of which Land and buildings: +€97,430
- Short-term financial debts +€175,000
up €175,000 (+16.2%), from €1.1m to €1.3m
- Debts after one year -€168,520
down €168,520 (-6.1%), from €2.8m to €2.6m
- Other debts +€60,559
up €60,559 (+7.3%), from €824,846 to €885,405
- Financial charges -€45,718
down €45,718 (-24.6%), from €185,985 to €140,267
- Gross operating margin +€35,470
up €35,470 (+11.8%), from €300,403 to €335,873
- Other operating charges +€16,069
up €16,069 (+31.5%), from €51,009 to €67,078
- Depreciation +€3,775
up €3,775 (+2.9%), from €130,633 to €134,408
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 | €4,710,876 | €4,798,947 | +€88,071 | +1.9% |
| Fixed assets | 21/28 | €4,704,965 | €4,795,957 | +€90,992 | +1.9% |
| Tangible fixed assets | 22/27 | €4,704,965 | €4,795,957 | +€90,992 | +1.9% |
| Land and buildings | 22 | €4,698,421 | €4,795,851 | +€97,430 | +2.1% |
| Furniture and vehicles | 24 | €6,544 | €106 | -€6,438 | -98.4% |
| Current assets | 29/58 | €5,911 | €2,990 | -€2,921 | -49.4% |
| Cash at bank and in hand | 54/58 | €239 | €499 | +€261 | +109% |
| Deferred charges and accrued income | 490/1 | €5,673 | €2,491 | -€3,182 | -56.1% |
| Total equity and liabilities | 10/49 | €4,710,876 | €4,798,947 | +€88,071 | +1.9% |
| Equity | 10/15 | -€211,263 | -€217,255 | -€5,992 | -2.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,813 | -€235,805 | -€5,992 | -2.6% |
| Amounts payable | 17/49 | €4,922,139 | €5,016,202 | +€94,063 | +1.9% |
| Amounts payable after more than one year | 17 | €2,757,202 | €2,588,681 | -€168,520 | -6.1% |
| Financial debts | 170/4 | €2,757,202 | €2,588,681 | -€168,520 | -6.1% |
| Amounts payable within one year | 42/48 | €2,158,920 | €2,423,445 | +€264,525 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €169,589 | €173,013 | +€3,424 | +2.0% |
| Financial debts | 43 | €1,080,000 | €1,255,000 | +€175,000 | +16.2% |
| Credit institutions | 430/8 | €1,080,000 | €1,255,000 | +€175,000 | +16.2% |
| Trade debts | 44 | €84,377 | €109,914 | +€25,537 | +30.3% |
| Suppliers | 440/4 | €84,377 | €109,914 | +€25,537 | +30.3% |
| Taxes, remuneration and social security | 45 | €107 | €112 | +€5 | +4.9% |
| Taxes | 450/3 | €107 | €112 | +€5 | +4.9% |
| Other amounts payable | 47/48 | €824,846 | €885,405 | +€60,559 | +7.3% |
| Accrued charges and deferred income | 492/3 | €6,018 | €4,076 | -€1,942 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,633 | €134,408 | +€3,775 | +2.9% |
| Other operating charges | 640/8 | €51,009 | €67,078 | +€16,069 | +31.5% |
| Gross operating margin | 9900 | €300,403 | €335,873 | +€35,470 | +11.8% |
| Operating profit (loss) | 9901 | €118,762 | €134,387 | +€15,625 | +13.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -80.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -80.0% |
| Financial charges | 65/66B | €185,985 | €140,267 | -€45,718 | -24.6% |
| Recurring financial charges | 65 | €185,985 | €140,267 | -€45,718 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€67,223 | -€5,880 | +€61,343 | +91.3% |
| Income taxes | 67/77 | €107 | €112 | +€5 | +4.9% |
| Profit (loss) for the period | 9904 | -€67,329 | -€5,992 | +€61,337 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,329 | -€5,992 | +€61,337 | +91.1% |
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 17 October 2026 via checked.be.