IMMO MECA: 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.
What changed
IMMO MECA
NACE 68.204, Real estate activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€37,493
2024 · €69,954-€107,447
Equity
-€3,769
2024 · €33,724-€37,493
Cash
€663
2024 · €1,427-€764
Balance sheet total
€1.5m
2024 · €1.6m-€37,087
Largest movements
Assets
- Tangible fixed assets -€38,023
down €38,023 (-2.4%), from €1.6m to €1.5m
of which Land and buildings: -€30,653
Equity and liabilities
- Profit (loss) carried forward -€37,493
down €37,493 (-109%), from -€34,476 to -€71,969
Income statement
- Gross operating margin -€118,229
down €118,229 (-51.6%), from €229,118 to €110,889
- Financial charges -€12,604
down €12,604 (-35.6%), from €35,448 to €22,844
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.
Result 2024
€69,954
Gross operating margin
-€118,229
Depreciation
-€2,216
Other operating charges
+€394
Financial charges
+€12,604
Result 2025
-€37,493
raises the resultlowers the result
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.
From operations
+€61,858
Investment
-€70,992
Financing
+€8,370
Cash 2024
€1,427
From operations (derived)
+€61,858
Net result for the year
-€37,493
Depreciation
+€109,015
Receivables within one year
-€1,700
Trade debts
-€8,804
Tax, wage and social debts
+€840
Investment (derived)
-€70,992
Investment in fixed assets (net)
-€70,992
Financing
+€8,370
Debts after one year
-€3,557
Current portion of long-term debt
+€11,927
Cash 2025
€663
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,578,348 | €1,541,261 | -€37,087 | -2.3% |
| Fixed assets | 21/28 | €1,570,242 | €1,532,219 | -€38,023 | -2.4% |
| Tangible fixed assets | 22/27 | €1,570,242 | €1,532,219 | -€38,023 | -2.4% |
| Land and buildings | 22 | €1,531,645 | €1,500,992 | -€30,653 | -2.0% |
| Furniture and vehicles | 24 | €38,597 | €31,227 | -€7,370 | -19.1% |
| Current assets | 29/58 | €8,106 | €9,042 | +€936 | +11.5% |
| Amounts receivable within one year | 40/41 | €6,679 | €8,379 | +€1,700 | +25.5% |
| Trade receivables | 40 | €3,673 | €5,373 | +€1,700 | +46.3% |
| Other amounts receivable | 41 | €3,006 | €3,006 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,427 | €663 | -€764 | -53.5% |
| Total equity and liabilities | 10/49 | €1,578,348 | €1,541,261 | -€37,087 | -2.3% |
| Equity | 10/15 | €33,724 | -€3,769 | -€37,493 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,476 | -€71,969 | -€37,493 | -109% |
| Amounts payable | 17/49 | €1,544,624 | €1,545,030 | +€406 | 0.0% |
| Amounts payable after more than one year | 17 | €1,421,563 | €1,418,006 | -€3,557 | -0.3% |
| Financial debts | 170/4 | €1,421,563 | €1,418,006 | -€3,557 | -0.3% |
| Amounts payable within one year | 42/48 | €123,061 | €127,024 | +€3,963 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €67,583 | €79,510 | +€11,927 | +17.6% |
| Trade debts | 44 | €53,559 | €44,755 | -€8,804 | -16.4% |
| Suppliers | 440/4 | €53,559 | €44,755 | -€8,804 | -16.4% |
| Taxes, remuneration and social security | 45 | €1,919 | €2,759 | +€840 | +43.8% |
| Taxes | 450/3 | €1,256 | €2,014 | +€758 | +60.4% |
| Remuneration and social security | 454/9 | €663 | €745 | +€82 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,799 | €109,015 | +€2,216 | +2.1% |
| Other operating charges | 640/8 | €16,937 | €16,543 | -€394 | -2.3% |
| Gross operating margin | 9900 | €229,118 | €110,889 | -€118,229 | -51.6% |
| Operating profit (loss) | 9901 | €105,382 | -€14,669 | -€120,051 | |
| Financial income | 75/76B | €20 | €20 | = | 0.0% |
| Recurring financial income | 75 | €20 | €20 | = | 0.0% |
| Financial charges | 65/66B | €35,448 | €22,844 | -€12,604 | -35.6% |
| Recurring financial charges | 65 | €35,448 | €22,844 | -€12,604 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €69,954 | -€37,493 | -€107,447 | |
| Profit (loss) for the period | 9904 | €69,954 | -€37,493 | -€107,447 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,954 | -€37,493 | -€107,447 |
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 15 October 2026 via checked.be.