LA MAYETTE IMMO: 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.
LA MAYETTE IMMO
Largest movements
- Stocks and contracts -€408,653
down €408,653 (-29.9%), from €1.4m to €956,630
- Tangible fixed assets -€70,514
down €70,514 (-7.5%), from €938,061 to €867,547
- Receivables within one year -€42,221
down €42,221 (-7.8%), from €541,982 to €499,761
of which Trade receivables: -€97,028
- Trade debts -€512,629
down €512,629 (-53.3%), from €961,788 to €449,159
- Short-term financial debts -€235,000
down €235,000 (-47.5%), from €494,900 to €259,900
of which Credit institutions: -€235,000
- Advances received +€107,770
up €107,770 (+180%), from €59,765 to €167,535
- Other debts +€94,840
up €94,840 (+103%), from €91,776 to €186,616
- Debts after one year -€52,044
down €52,044 (-22.1%), from €235,606 to €183,562
of which Financial debts: -€54,044
- Gross operating margin -€74,272
down €74,272 (-19.4%), from €382,267 to €307,995
- Financial charges -€72,447
down €72,447 (-63.3%), from €114,369 to €41,922
- Financial income +€24,921
up €24,921 (+427%), from €5,842 to €30,763
- Staff costs +€17,128
up €17,128 (+11.8%), from €144,989 to €162,116
- Depreciation -€9,899
down €9,899 (-10.6%), from €93,187 to €83,288
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 | €2,916,881 | €2,352,206 | -€564,675 | -19.4% |
| Fixed assets | 21/28 | €938,196 | €867,682 | -€70,514 | -7.5% |
| Tangible fixed assets | 22/27 | €938,061 | €867,547 | -€70,514 | -7.5% |
| Land and buildings | 22 | €803,744 | €784,986 | -€18,759 | -2.3% |
| Plant, machinery and equipment | 23 | €28,012 | €24,114 | -€3,898 | -13.9% |
| Furniture and vehicles | 24 | €45,907 | €17,580 | -€28,327 | -61.7% |
| Leasing and similar rights | 25 | €60,397 | €40,867 | -€19,530 | -32.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,978,685 | €1,484,524 | -€494,161 | -25.0% |
| Stocks and contracts in progress | 3 | €1,365,283 | €956,630 | -€408,653 | -29.9% |
| Stocks | 30/36 | €1,365,283 | €956,630 | -€408,653 | -29.9% |
| Amounts receivable within one year | 40/41 | €541,982 | €499,761 | -€42,221 | -7.8% |
| Trade receivables | 40 | €507,930 | €410,902 | -€97,028 | -19.1% |
| Other amounts receivable | 41 | €34,051 | €88,859 | +€54,808 | +161% |
| Cash at bank and in hand | 54/58 | €27,299 | €12,391 | -€14,908 | -54.6% |
| Deferred charges and accrued income | 490/1 | €44,121 | €15,742 | -€28,379 | -64.3% |
| Total equity and liabilities | 10/49 | €2,916,881 | €2,352,206 | -€564,675 | -19.4% |
| Equity | 10/15 | €613,975 | €616,926 | +€2,951 | +0.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €508,646 | €521,574 | +€12,928 | +2.5% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €502,448 | €515,376 | +€12,928 | +2.6% |
| Profit (loss) carried forward | 14 | €7,960 | €7,960 | = | 0.0% |
| Investment grants | 15 | €35,396 | €25,419 | -€9,977 | -28.2% |
| Amounts payable | 17/49 | €2,302,905 | €1,735,280 | -€567,626 | -24.6% |
| Amounts payable after more than one year | 17 | €235,606 | €183,562 | -€52,044 | -22.1% |
| Financial debts | 170/4 | €235,606 | €181,562 | -€54,044 | -22.9% |
| Other amounts payable | 178/9 | - | €2,000 | +€2,000 | |
| Amounts payable within one year | 42/48 | €2,035,899 | €1,493,348 | -€542,551 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €353,650 | €361,467 | +€7,817 | +2.2% |
| Financial debts | 43 | €494,900 | €259,900 | -€235,000 | -47.5% |
| Credit institutions | 430/8 | €435,000 | €200,000 | -€235,000 | -54.0% |
| Other loans | 439 | €59,900 | €59,900 | = | 0.0% |
| Trade debts | 44 | €961,788 | €449,159 | -€512,629 | -53.3% |
| Suppliers | 440/4 | €961,788 | €449,159 | -€512,629 | -53.3% |
| Advances received on contracts in progress | 46 | €59,765 | €167,535 | +€107,770 | +180% |
| Taxes, remuneration and social security | 45 | €74,020 | €68,671 | -€5,349 | -7.2% |
| Taxes | 450/3 | €70,297 | €55,305 | -€14,991 | -21.3% |
| Remuneration and social security | 454/9 | €3,723 | €13,366 | +€9,643 | +259% |
| Other amounts payable | 47/48 | €91,776 | €186,616 | +€94,840 | +103% |
| Accrued charges and deferred income | 492/3 | €31,400 | €58,369 | +€26,969 | +85.9% |
| Remuneration, social security and pensions | 62 | €144,989 | €162,116 | +€17,128 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,187 | €83,288 | -€9,899 | -10.6% |
| Other operating charges | 640/8 | €31,923 | €31,797 | -€127 | -0.4% |
| Non-recurring operating charges | 66A | €574 | €69 | -€505 | -87.9% |
| Gross operating margin | 9900 | €382,267 | €307,995 | -€74,272 | -19.4% |
| Operating profit (loss) | 9901 | €111,595 | €30,725 | -€80,869 | -72.5% |
| Financial income | 75/76B | €5,842 | €30,763 | +€24,921 | +427% |
| Recurring financial income | 75 | €5,842 | €30,763 | +€24,921 | +427% |
| Financial charges | 65/66B | €114,369 | €41,922 | -€72,447 | -63.3% |
| Recurring financial charges | 65 | €114,369 | €41,922 | -€72,447 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €3,068 | €19,566 | +€16,498 | +538% |
| Income taxes | 67/77 | €1,822 | €6,638 | +€4,816 | +264% |
| Profit (loss) for the period | 9904 | €1,246 | €12,928 | +€11,683 | +938% |
| Profit (loss) for the period to be appropriated | 9905 | €1,246 | €12,928 | +€11,683 | +938% |
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 23 October 2026 via checked.be.