IMMO MP: 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 MP
Largest movements
- Deferred charges and accrued income -€11,162
down €11,162 (-90.5%), from €12,336 to €1,174
- Cash -€9,633
down €9,633 (-27.8%), from €34,615 to €24,982
mainly Debts after one year (-€13,408) and Trade debts (-€8,749)
- Tangible fixed assets -€7,860
down €7,860 (-4.8%), from €164,195 to €156,335
of which Land and buildings: -€9,771
- Debts after one year -€13,408
down €13,408 (-7.2%), from €186,539 to €173,131
- Trade debts -€8,749
down €8,749 (-93.9%), from €9,316 to €567
- Reserves -€3,409
down €3,409 (-14.0%), from €24,407 to €20,998
- Turnover +€19,068
new in 2025: €19,068
- Purchases and services +€14,332
new in 2025: €14,332
- Gross operating margin +€1,500
up €1,500 (+46.4%), from €3,235 to €4,735
- Depreciation -€886
down €886 (-8.2%), from €10,831 to €9,945
- Financial income +€422
new in 2025: €422
of which Financial income: +€422
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 | €212,146 | €183,492 | -€28,654 | -13.5% |
| Fixed assets | 21/28 | €165,195 | €157,335 | -€7,860 | -4.8% |
| Tangible fixed assets | 22/27 | €164,195 | €156,335 | -€7,860 | -4.8% |
| Land and buildings | 22 | €164,195 | €154,424 | -€9,771 | -6.0% |
| Plant, machinery and equipment | 23 | - | €1,433 | +€1,433 | |
| Furniture and vehicles | 24 | - | €479 | +€479 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €46,951 | €26,156 | -€20,795 | -44.3% |
| Cash at bank and in hand | 54/58 | €34,615 | €24,982 | -€9,633 | -27.8% |
| Deferred charges and accrued income | 490/1 | €12,336 | €1,174 | -€11,162 | -90.5% |
| Total equity and liabilities | 10/49 | €212,146 | €183,492 | -€28,654 | -13.5% |
| Equity | 10/15 | €3,724 | -€1,019 | -€4,743 | |
| Contributions | 10/11 | €74,373 | €74,373 | +€0 | 0.0% |
| Reserves | 13 | €24,407 | €20,998 | -€3,409 | -14.0% |
| Tax-exempt reserves | 132 | €24,407 | €20,998 | -€3,409 | -14.0% |
| Profit (loss) carried forward | 14 | -€95,056 | -€96,390 | -€1,334 | -1.4% |
| Provisions and deferred taxes | 16 | €12,567 | €10,812 | -€1,755 | -14.0% |
| Deferred taxes | 168 | €12,567 | €10,812 | -€1,755 | -14.0% |
| Amounts payable | 17/49 | €195,855 | €173,698 | -€22,157 | -11.3% |
| Amounts payable after more than one year | 17 | €186,539 | €173,131 | -€13,408 | -7.2% |
| Other amounts payable | 178/9 | €186,539 | €173,131 | -€13,408 | -7.2% |
| Amounts payable within one year | 42/48 | €9,316 | €567 | -€8,749 | -93.9% |
| Trade debts | 44 | €9,316 | €567 | -€8,749 | -93.9% |
| Suppliers | 440/4 | €9,316 | €567 | -€8,749 | -93.9% |
| Turnover | 70 | - | €19,068 | +€19,068 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €14,332 | +€14,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,831 | €9,945 | -€886 | -8.2% |
| Other operating charges | 640/8 | €1,463 | €1,665 | +€202 | +13.8% |
| Non-recurring operating charges | 66A | €2,916 | - | -€2,916 | |
| Gross operating margin | 9900 | €3,235 | €4,735 | +€1,500 | +46.4% |
| Operating profit (loss) | 9901 | -€11,975 | -€6,875 | +€5,100 | +42.6% |
| Financial income | 75/76B | - | €422 | +€422 | |
| Recurring financial income | 75 | - | €422 | +€422 | |
| Non-recurring financial income | 76B | - | €422 | +€422 | |
| Financial charges | 65/66B | €153 | €45 | -€108 | -70.6% |
| Recurring financial charges | 65 | €153 | €45 | -€108 | -70.6% |
| Non-recurring financial charges | 66B | - | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | -€12,128 | -€6,498 | +€5,630 | +46.4% |
| Transfer from deferred taxes | 780 | €1,756 | €1,755 | -€1 | 0.0% |
| Profit (loss) for the period | 9904 | -€10,372 | -€4,743 | +€5,629 | +54.3% |
| Transfer from tax-exempt reserves | 789 | €3,409 | €3,409 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,963 | -€1,333 | +€5,630 | +80.8% |
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 2 October 2026 via checked.be.