Immo MCA: 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 MCA
Largest movements
- Tangible fixed assets +€312,187
up €312,187 (+75.2%), from €414,949 to €727,136
- Cash +€21,950
up €21,950 (+169.2%), from €12,972 to €34,923
mainly Debts after one year (+€342,265) and Depreciation (+€70,698)
- Debts after one year +€342,265
up €342,265 (+73.1%), from €468,508 to €810,773
of which Financial debts: +€288,852
- Profit (loss) carried forward -€26,582
down €26,582 (-38.9%), from -€68,284 to -€94,867
- Current portion of long-term debt +€19,173
up €19,173 (+89.2%), from €21,492 to €40,665
- Gross operating margin +€89,110
up €89,110, from -€12,909 to €76,201
- Financial charges +€21,717
up €21,717 (+1975.1%), from €1,100 to €22,817
- Depreciation +€17,710
up €17,710 (+33.4%), from €52,988 to €70,698
- Other operating charges +€7,980
up €7,980 (+619.7%), from €1,288 to €9,268
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 | €427,921 | €768,403 | +€340,482 | +79.6% |
| Fixed assets | 21/28 | €414,949 | €727,136 | +€312,187 | +75.2% |
| Tangible fixed assets | 22/27 | €414,949 | €727,136 | +€312,187 | +75.2% |
| Land and buildings | 22 | €414,949 | €727,136 | +€312,187 | +75.2% |
| Current assets | 29/58 | €12,972 | €41,267 | +€28,295 | +218.1% |
| Amounts receivable within one year | 40/41 | - | €1,117 | +€1,117 | |
| Trade receivables | 40 | - | €1,117 | +€1,117 | |
| Cash at bank and in hand | 54/58 | €12,972 | €34,923 | +€21,950 | +169.2% |
| Deferred charges and accrued income | 490/1 | - | €5,227 | +€5,227 | |
| Total equity and liabilities | 10/49 | €427,921 | €768,403 | +€340,482 | +79.6% |
| Equity | 10/15 | -€65,284 | -€91,867 | -€26,582 | -40.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,284 | -€94,867 | -€26,582 | -38.9% |
| Amounts payable | 17/49 | €493,206 | €860,270 | +€367,064 | +74.4% |
| Amounts payable after more than one year | 17 | €468,508 | €810,773 | +€342,265 | +73.1% |
| Financial debts | 170/4 | €393,508 | €682,360 | +€288,852 | +73.4% |
| Other amounts payable | 178/9 | €75,000 | €128,412 | +€53,412 | +71.2% |
| Amounts payable within one year | 42/48 | €24,081 | €47,842 | +€23,761 | +98.7% |
| Current portion of amounts payable after more than one year | 42 | €21,492 | €40,665 | +€19,173 | +89.2% |
| Financial debts | 43 | - | €1,509 | +€1,509 | |
| Credit institutions | 430/8 | - | €1,509 | +€1,509 | |
| Trade debts | 44 | €1,617 | €5,396 | +€3,779 | +233.6% |
| Suppliers | 440/4 | €1,617 | €5,396 | +€3,779 | +233.6% |
| Other amounts payable | 47/48 | €972 | €272 | -€700 | -72.0% |
| Accrued charges and deferred income | 492/3 | €616 | €1,655 | +€1,039 | +168.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,988 | €70,698 | +€17,710 | +33.4% |
| Other operating charges | 640/8 | €1,288 | €9,268 | +€7,980 | +619.7% |
| Gross operating margin | 9900 | -€12,909 | €76,201 | +€89,110 | |
| Operating profit (loss) | 9901 | -€67,185 | -€3,765 | +€63,420 | +94.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €1,100 | €22,817 | +€21,717 | +1975.1% |
| Recurring financial charges | 65 | €1,100 | €22,817 | +€21,717 | +1975.1% |
| Profit (loss) for the period before taxes | 9903 | -€68,284 | -€26,582 | +€41,702 | +61.1% |
| Profit (loss) for the period | 9904 | -€68,284 | -€26,582 | +€41,702 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,284 | -€26,582 | +€41,702 | +61.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.