IMMO MAUWS: 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 MAUWS
Largest movements
- Receivables within one year -€25,728
down €25,728 (-69.3%), from €37,131 to €11,403
of which Other amounts receivable: -€25,981
- Tangible fixed assets -€8,545
down €8,545 (-4.8%), from €177,520 to €168,975
of which Land and buildings: -€5,876
- Cash +€2,815
up €2,815 (+170%), from €1,658 to €4,474
mainly Receivables within one year (+€25,728) and Depreciation (+€9,805)
- Reserves -€26,411
down €26,411 (-43.4%), from €60,793 to €34,382
- Debts after one year -€6,634
down €6,634 (-6.1%), from €109,446 to €102,812
- Gross operating margin -€3,576
down €3,576 (-41.4%), from -€8,632 to -€12,208
- Financial charges -€3,270
down €3,270 (-52.2%), from €6,259 to €2,989
- Financial income -€982
down €982 (-100.0%), from €982 to €0
- Depreciation -€954
down €954 (-8.9%), from €10,759 to €9,805
- Other operating charges -€333
down €333 (-19.4%), from €1,723 to €1,389
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 | €241,728 | €210,825 | -€30,903 | -12.8% |
| Fixed assets | 21/28 | €177,520 | €168,975 | -€8,545 | -4.8% |
| Tangible fixed assets | 22/27 | €177,520 | €168,975 | -€8,545 | -4.8% |
| Land and buildings | 22 | €147,904 | €142,028 | -€5,876 | -4.0% |
| Plant, machinery and equipment | 23 | €21,361 | €18,467 | -€2,893 | -13.5% |
| Furniture and vehicles | 24 | - | €1,224 | +€1,224 | |
| Other tangible fixed assets | 26 | €8,256 | €7,256 | -€1,000 | -12.1% |
| Current assets | 29/58 | €64,208 | €41,850 | -€22,358 | -34.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Trade receivables | 290 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,131 | €11,403 | -€25,728 | -69.3% |
| Trade receivables | 40 | €961 | €1,215 | +€254 | +26.4% |
| Other amounts receivable | 41 | €36,170 | €10,189 | -€25,981 | -71.8% |
| Cash at bank and in hand | 54/58 | €1,658 | €4,474 | +€2,815 | +170% |
| Deferred charges and accrued income | 490/1 | €419 | €973 | +€554 | +132% |
| Total equity and liabilities | 10/49 | €241,728 | €210,825 | -€30,903 | -12.8% |
| Equity | 10/15 | €66,993 | €40,582 | -€26,411 | -39.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,793 | €34,382 | -€26,411 | -43.4% |
| Distributable reserves | 133 | €60,793 | €34,382 | -€26,411 | -43.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €174,735 | €170,243 | -€4,492 | -2.6% |
| Amounts payable after more than one year | 17 | €109,446 | €102,812 | -€6,634 | -6.1% |
| Financial debts | 170/4 | €109,446 | €102,812 | -€6,634 | -6.1% |
| Amounts payable within one year | 42/48 | €65,091 | €67,431 | +€2,339 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €6,508 | €6,634 | +€125 | +1.9% |
| Trade debts | 44 | €923 | €1,214 | +€291 | +31.5% |
| Suppliers | 440/4 | €923 | €1,214 | +€291 | +31.5% |
| Advances received on contracts in progress | 46 | €482 | - | -€482 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €57,178 | €59,583 | +€2,405 | +4.2% |
| Accrued charges and deferred income | 492/3 | €197 | - | -€197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,759 | €9,805 | -€954 | -8.9% |
| Other operating charges | 640/8 | €1,723 | €1,389 | -€333 | -19.4% |
| Non-recurring operating charges | 66A | €164 | €20 | -€144 | -87.7% |
| Gross operating margin | 9900 | -€8,632 | -€12,208 | -€3,576 | -41.4% |
| Operating profit (loss) | 9901 | -€21,277 | -€23,422 | -€2,145 | -10.1% |
| Financial income | 75/76B | €982 | €0 | -€982 | -100.0% |
| Recurring financial income | 75 | €982 | €0 | -€982 | -100.0% |
| Financial charges | 65/66B | €6,259 | €2,989 | -€3,270 | -52.2% |
| Recurring financial charges | 65 | €6,259 | €2,989 | -€3,270 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,554 | -€26,411 | +€143 | +0.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€26,554 | -€26,411 | +€143 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,554 | -€26,411 | +€143 | +0.5% |
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 17 October 2026 via checked.be.