IMMO MEIR: 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 MEIR
Largest movements
- Cash +€189,910
up €189,910 (+19.2%), from €987,115 to €1.2m
mainly Net result for the year (+€189,964) and Depreciation (+€4,213)
- Reserves +€189,964
up €189,964 (+18.2%), from €1.0m to €1.2m
of which Distributable reserves: +€189,964
- Depreciation -€5,806
down €5,806 (-57.9%), from €10,020 to €4,213
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 | €1,195,593 | €1,383,237 | +€187,644 | +15.7% |
| Fixed assets | 21/28 | €207,468 | €203,255 | -€4,213 | -2.0% |
| Tangible fixed assets | 22/27 | €207,443 | €203,230 | -€4,213 | -2.0% |
| Land and buildings | 22 | €207,443 | €203,230 | -€4,213 | -2.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €988,125 | €1,179,983 | +€191,857 | +19.4% |
| Amounts receivable within one year | 40/41 | - | €2,037 | +€2,037 | |
| Trade receivables | 40 | - | €91 | +€91 | |
| Other amounts receivable | 41 | - | €1,946 | +€1,946 | |
| Cash at bank and in hand | 54/58 | €987,115 | €1,177,025 | +€189,910 | +19.2% |
| Deferred charges and accrued income | 490/1 | €1,011 | €921 | -€90 | -8.9% |
| Total equity and liabilities | 10/49 | €1,195,593 | €1,383,237 | +€187,644 | +15.7% |
| Equity | 10/15 | €1,176,286 | €1,366,250 | +€189,964 | +16.1% |
| Contributions | 10/11 | €131,384 | €131,384 | = | 0.0% |
| Capital | 10 | €131,384 | €131,384 | = | 0.0% |
| Issued capital | 100 | €131,384 | €131,384 | = | 0.0% |
| Reserves | 13 | €1,044,903 | €1,234,867 | +€189,964 | +18.2% |
| Non-distributable reserves | 130/1 | €13,138 | €13,138 | = | 0.0% |
| Legal reserve | 130 | €13,138 | €13,138 | = | 0.0% |
| Distributable reserves | 133 | €1,031,764 | €1,221,729 | +€189,964 | +18.4% |
| Amounts payable | 17/49 | €19,307 | €16,987 | -€2,321 | -12.0% |
| Amounts payable within one year | 42/48 | €8,828 | €6,541 | -€2,287 | -25.9% |
| Trade debts | 44 | €910 | €1,049 | +€140 | +15.3% |
| Suppliers | 440/4 | €910 | €1,049 | +€140 | +15.3% |
| Taxes, remuneration and social security | 45 | €7,918 | €5,492 | -€2,426 | -30.6% |
| Taxes | 450/3 | €5,367 | €2,844 | -€2,523 | -47.0% |
| Remuneration and social security | 454/9 | €2,552 | €2,648 | +€97 | +3.8% |
| Accrued charges and deferred income | 492/3 | €10,479 | €10,445 | -€34 | -0.3% |
| Remuneration, social security and pensions | 62 | €11,708 | €12,175 | +€468 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,020 | €4,213 | -€5,806 | -57.9% |
| Other operating charges | 640/8 | €38,616 | €40,441 | +€1,825 | +4.7% |
| Gross operating margin | 9900 | €312,236 | €309,558 | -€2,678 | -0.9% |
| Operating profit (loss) | 9901 | €251,893 | €252,728 | +€836 | +0.3% |
| Financial income | 75/76B | €1,062 | €1,002 | -€60 | -5.6% |
| Recurring financial income | 75 | €1,062 | €1,002 | -€60 | -5.6% |
| Financial charges | 65/66B | €406 | €412 | +€5 | +1.3% |
| Recurring financial charges | 65 | €406 | €412 | +€5 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €252,548 | €253,319 | +€771 | +0.3% |
| Income taxes | 67/77 | €63,162 | €63,355 | +€193 | +0.3% |
| Profit (loss) for the period | 9904 | €189,386 | €189,964 | +€578 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €189,386 | €189,964 | +€578 | +0.3% |
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 19 October 2026 via checked.be.