Immo - Mibo: 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 - Mibo
Largest movements
- Tangible fixed assets -€22,255
down €22,255 (-2.5%), from €893,864 to €871,609
- Reserves -€9,514
down €9,514 (-6.4%), from €149,631 to €140,118
of which Tax-exempt reserves: -€9,514
- Gross operating margin +€1,835
up €1,835 (+17.3%), from €10,612 to €12,447
- Depreciation -€656
down €656 (-2.9%), from €22,911 to €22,255
- Other operating charges +€370
up €370 (+5.8%), from €6,403 to €6,773
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 | €896,810 | €874,213 | -€22,597 | -2.5% |
| Fixed assets | 21/28 | €893,864 | €871,609 | -€22,255 | -2.5% |
| Tangible fixed assets | 22/27 | €893,864 | €871,609 | -€22,255 | -2.5% |
| Land and buildings | 22 | €893,864 | €871,609 | -€22,255 | -2.5% |
| Current assets | 29/58 | €2,946 | €2,603 | -€342 | -11.6% |
| Cash at bank and in hand | 54/58 | €504 | €737 | +€234 | +46.4% |
| Deferred charges and accrued income | 490/1 | €2,442 | €1,866 | -€576 | -23.6% |
| Total equity and liabilities | 10/49 | €896,810 | €874,213 | -€22,597 | -2.5% |
| Equity | 10/15 | €448,111 | €434,607 | -€13,504 | -3.0% |
| Contributions | 10/11 | €87,500 | €87,500 | = | 0.0% |
| Reserves | 13 | €149,631 | €140,118 | -€9,514 | -6.4% |
| Tax-exempt reserves | 132 | €118,645 | €109,131 | -€9,514 | -8.0% |
| Distributable reserves | 133 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | €210,980 | €206,989 | -€3,990 | -1.9% |
| Provisions and deferred taxes | 16 | €39,548 | €36,377 | -€3,171 | -8.0% |
| Deferred taxes | 168 | €39,548 | €36,377 | -€3,171 | -8.0% |
| Amounts payable | 17/49 | €409,151 | €403,229 | -€5,922 | -1.4% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €109,151 | €103,229 | -€5,922 | -5.4% |
| Financial debts | 43 | €23 | - | -€23 | |
| Credit institutions | 430/8 | €23 | - | -€23 | |
| Trade debts | 44 | €1,132 | €1,071 | -€62 | -5.5% |
| Suppliers | 440/4 | €1,132 | €1,071 | -€62 | -5.5% |
| Other amounts payable | 47/48 | €107,995 | €102,158 | -€5,837 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,911 | €22,255 | -€656 | -2.9% |
| Other operating charges | 640/8 | €6,403 | €6,773 | +€370 | +5.8% |
| Gross operating margin | 9900 | €10,612 | €12,447 | +€1,835 | +17.3% |
| Operating profit (loss) | 9901 | -€18,703 | -€16,581 | +€2,121 | +11.3% |
| Financial income | 75/76B | €2 | €3 | +€2 | +113% |
| Recurring financial income | 75 | €2 | €3 | +€2 | +113% |
| Financial charges | 65/66B | €110 | €98 | -€12 | -11.2% |
| Recurring financial charges | 65 | €110 | €98 | -€12 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,811 | -€16,676 | +€2,135 | +11.4% |
| Transfer from deferred taxes | 780 | €3,171 | €3,171 | = | 0.0% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€15,640 | -€13,504 | +€2,136 | +13.7% |
| Transfer from tax-exempt reserves | 789 | €9,514 | €9,514 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,126 | -€3,990 | +€2,136 | +34.9% |
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 13 October 2026 via checked.be.