IMMO MTC: 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 MTC
Largest movements
- Receivables after one year -€24,100
down €24,100 (-48.2%), from €50,000 to €25,900
- Tangible fixed assets -€16,173
down €16,173 (-3.3%), from €486,251 to €470,078
- Cash +€14,568
up €14,568 (+1,107%), from €1,316 to €15,884
mainly Receivables after one year (+€24,100) and Depreciation (+€16,173)
- Debts after one year -€30,504
down €30,504 (-8.7%), from €350,232 to €319,727
- Profit (loss) carried forward +€8,123
up €8,123 (+6.2%), from €131,664 to €139,787
- Gross operating margin -€5,851
down €5,851 (-14.1%), from €41,411 to €35,560
- Taxes -€3,066
no longer reported in 2025 (was €3,066)
- Financial charges -€2,881
down €2,881 (-21.0%), from €13,746 to €10,865
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 | €537,567 | €511,862 | -€25,704 | -4.8% |
| Fixed assets | 21/28 | €486,251 | €470,078 | -€16,173 | -3.3% |
| Tangible fixed assets | 22/27 | €486,251 | €470,078 | -€16,173 | -3.3% |
| Land and buildings | 22 | €486,251 | €470,078 | -€16,173 | -3.3% |
| Current assets | 29/58 | €51,316 | €41,784 | -€9,532 | -18.6% |
| Amounts receivable after more than one year | 29 | €50,000 | €25,900 | -€24,100 | -48.2% |
| Trade receivables | 290 | €50,000 | €25,900 | -€24,100 | -48.2% |
| Cash at bank and in hand | 54/58 | €1,316 | €15,884 | +€14,568 | +1,107% |
| Total equity and liabilities | 10/49 | €537,567 | €511,862 | -€25,704 | -4.8% |
| Equity | 10/15 | €150,264 | €158,387 | +€8,123 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,664 | €139,787 | +€8,123 | +6.2% |
| Amounts payable | 17/49 | €387,303 | €353,476 | -€33,827 | -8.7% |
| Amounts payable after more than one year | 17 | €350,232 | €319,727 | -€30,504 | -8.7% |
| Financial debts | 170/4 | €350,232 | €319,727 | -€30,504 | -8.7% |
| Amounts payable within one year | 42/48 | €36,246 | €32,898 | -€3,348 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €31,093 | €32,475 | +€1,382 | +4.4% |
| Trade debts | 44 | €2,087 | €424 | -€1,664 | -79.7% |
| Suppliers | 440/4 | €2,087 | €424 | -€1,664 | -79.7% |
| Taxes, remuneration and social security | 45 | €3,066 | - | -€3,066 | |
| Taxes | 450/3 | €3,066 | - | -€3,066 | |
| Accrued charges and deferred income | 492/3 | €825 | €850 | +€25 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,173 | €16,173 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €41,411 | €35,560 | -€5,851 | -14.1% |
| Operating profit (loss) | 9901 | €25,239 | €18,988 | -€6,251 | -24.8% |
| Financial income | 75/76B | €240 | - | -€240 | |
| Recurring financial income | 75 | €240 | - | -€240 | |
| Financial charges | 65/66B | €13,746 | €10,865 | -€2,881 | -21.0% |
| Recurring financial charges | 65 | €13,746 | €10,865 | -€2,881 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €11,733 | €8,123 | -€3,610 | -30.8% |
| Income taxes | 67/77 | €3,066 | - | -€3,066 | |
| Profit (loss) for the period | 9904 | €8,667 | €8,123 | -€544 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,667 | €8,123 | -€544 | -6.3% |
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 15 October 2026 via checked.be.