IMMO MCDL: 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 MCDL
Largest movements
- Tangible fixed assets -€10,134
down €10,134 (-3.4%), from €295,667 to €285,533
- Cash +€3,016
new in 2025: €3,016
mainly Other debts (+€13,154) and Depreciation (+€10,134)
- Debts after one year -€17,201
down €17,201 (-10.4%), from €165,250 to €148,049
- Other debts +€13,154
up €13,154 (+8.9%), from €147,235 to €160,389
- Profit (loss) carried forward -€3,503
down €3,503 (-2.1%), from -€170,625 to -€174,128
- Purchases and services +€9,819
new in 2025: €9,819
- Gross operating margin +€2,556
up €2,556 (+15.1%), from €16,912 to €19,468
- Financial charges -€864
down €864 (-7.6%), from €11,402 to €10,538
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 | €295,667 | €288,549 | -€7,118 | -2.4% |
| Fixed assets | 21/28 | €295,667 | €285,533 | -€10,134 | -3.4% |
| Tangible fixed assets | 22/27 | €295,667 | €285,533 | -€10,134 | -3.4% |
| Land and buildings | 22 | €295,667 | €285,533 | -€10,134 | -3.4% |
| Current assets | 29/58 | - | €3,016 | +€3,016 | |
| Cash at bank and in hand | 54/58 | - | €3,016 | +€3,016 | |
| Total equity and liabilities | 10/49 | €295,667 | €288,549 | -€7,118 | -2.4% |
| Equity | 10/15 | -€35,625 | -€39,128 | -€3,503 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €116,400 | €116,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,625 | -€174,128 | -€3,503 | -2.1% |
| Amounts payable | 17/49 | €331,292 | €327,677 | -€3,615 | -1.1% |
| Amounts payable after more than one year | 17 | €165,250 | €148,049 | -€17,201 | -10.4% |
| Financial debts | 170/4 | €165,250 | €148,049 | -€17,201 | -10.4% |
| Amounts payable within one year | 42/48 | €164,520 | €178,106 | +€13,586 | +8.3% |
| Financial debts | 43 | €15,885 | €16,317 | +€432 | +2.7% |
| Credit institutions | 430/8 | €15,885 | €16,317 | +€432 | +2.7% |
| Advances received on contracts in progress | 46 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €147,235 | €160,389 | +€13,154 | +8.9% |
| Accrued charges and deferred income | 492/3 | €1,522 | €1,522 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €9,819 | +€9,819 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,133 | €10,134 | +€1 | 0.0% |
| Other operating charges | 640/8 | €2,240 | €2,299 | +€59 | +2.6% |
| Gross operating margin | 9900 | €16,912 | €19,468 | +€2,556 | +15.1% |
| Operating profit (loss) | 9901 | €4,539 | €7,035 | +€2,496 | +55.0% |
| Financial charges | 65/66B | €11,402 | €10,538 | -€864 | -7.6% |
| Recurring financial charges | 65 | €11,402 | €10,538 | -€864 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,863 | -€3,503 | +€3,360 | +49.0% |
| Profit (loss) for the period | 9904 | -€6,863 | -€3,503 | +€3,360 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,863 | -€3,503 | +€3,360 | +49.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.