IMMO MCP: 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 MCP
Largest movements
- Tangible fixed assets -€10,794
down €10,794 (-4.1%), from €260,132 to €249,338
of which Land and buildings: -€13,861
- Debts after one year -€72,006
down €72,006 (-71.0%), from €101,361 to €29,355
- Current portion of long-term debt +€37,104
up €37,104 (+1508.3%), from €2,460 to €39,564
- Profit (loss) carried forward +€15,779
up €15,779 (+65.4%), from €24,136 to €39,915
- Other debts +€9,246
up €9,246 (+7.2%), from €129,232 to €138,478
- Tax, wage and social debts -€4,509
no longer reported in 2025 (was €4,509)
- Taxes -€10,996
down €10,996, from €10,175 to -€821
- Other operating charges +€5,488
up €5,488 (+104.2%), from €5,267 to €10,755
- Gross operating margin +€2,254
up €2,254 (+4.5%), from €50,005 to €52,259
- Financial charges -€2,072
down €2,072 (-27.0%), from €7,674 to €5,602
- Depreciation +€1,581
up €1,581 (+8.2%), from €19,363 to €20,944
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 | €272,470 | €260,527 | -€11,943 | -4.4% |
| Fixed assets | 21/28 | €260,132 | €249,338 | -€10,794 | -4.1% |
| Tangible fixed assets | 22/27 | €260,132 | €249,338 | -€10,794 | -4.1% |
| Land and buildings | 22 | €222,932 | €209,071 | -€13,861 | -6.2% |
| Plant, machinery and equipment | 23 | €36,343 | €35,525 | -€818 | -2.3% |
| Furniture and vehicles | 24 | €857 | €4,742 | +€3,885 | +453.3% |
| Current assets | 29/58 | €12,338 | €11,189 | -€1,149 | -9.3% |
| Amounts receivable within one year | 40/41 | - | €1,237 | +€1,237 | |
| Other amounts receivable | 41 | - | €1,237 | +€1,237 | |
| Cash at bank and in hand | 54/58 | €12,338 | €9,952 | -€2,386 | -19.3% |
| Total equity and liabilities | 10/49 | €272,470 | €260,527 | -€11,943 | -4.4% |
| Equity | 10/15 | €30,723 | €46,502 | +€15,779 | +51.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €387 | €387 | = | 0.0% |
| Non-distributable reserves | 130/1 | €387 | €387 | = | 0.0% |
| Legal reserve | 130 | €387 | €387 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,136 | €39,915 | +€15,779 | +65.4% |
| Amounts payable | 17/49 | €241,747 | €214,025 | -€27,722 | -11.5% |
| Amounts payable after more than one year | 17 | €101,361 | €29,355 | -€72,006 | -71.0% |
| Financial debts | 170/4 | €101,361 | €29,355 | -€72,006 | -71.0% |
| Amounts payable within one year | 42/48 | €138,586 | €182,790 | +€44,204 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €2,460 | €39,564 | +€37,104 | +1508.3% |
| Trade debts | 44 | €2,385 | €4,748 | +€2,363 | +99.1% |
| Suppliers | 440/4 | €2,385 | €4,748 | +€2,363 | +99.1% |
| Taxes, remuneration and social security | 45 | €4,509 | - | -€4,509 | |
| Taxes | 450/3 | €4,509 | - | -€4,509 | |
| Other amounts payable | 47/48 | €129,232 | €138,478 | +€9,246 | +7.2% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,880 | +€80 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,363 | €20,944 | +€1,581 | +8.2% |
| Other operating charges | 640/8 | €5,267 | €10,755 | +€5,488 | +104.2% |
| Gross operating margin | 9900 | €50,005 | €52,259 | +€2,254 | +4.5% |
| Operating profit (loss) | 9901 | €25,375 | €20,560 | -€4,815 | -19.0% |
| Financial charges | 65/66B | €7,674 | €5,602 | -€2,072 | -27.0% |
| Recurring financial charges | 65 | €7,674 | €5,602 | -€2,072 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €17,701 | €14,958 | -€2,743 | -15.5% |
| Income taxes | 67/77 | €10,175 | -€821 | -€10,996 | |
| Profit (loss) for the period | 9904 | €7,526 | €15,779 | +€8,253 | +109.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,526 | €15,779 | +€8,253 | +109.7% |
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 3 October 2026 via checked.be.