M 3 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.
M 3 IMMO
Largest movements
- Receivables within one year -€500
down €500 (-14.3%), from €3,500 to €3,000
- Cash -€287
down €287 (-61.6%), from €466 to €179
mainly Other debts (-€399) and Net result for the year (-€387)
- Other debts -€399
down €399 (-0.6%), from €62,233 to €61,834
- Profit (loss) carried forward -€388
down €388 (-0.1%), from -€758,467 to -€758,855
- Purchases and services +€387
new in 2025: €387
- Gross operating margin +€82
up €82 (+17.4%), from -€469 to -€387
- Financial charges -€69
no longer reported in 2025 (was €69)
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 | €3,966 | €3,179 | -€787 | -19.8% |
| Current assets | 29/58 | €3,966 | €3,179 | -€787 | -19.8% |
| Amounts receivable within one year | 40/41 | €3,500 | €3,000 | -€500 | -14.3% |
| Other amounts receivable | 41 | €3,500 | €3,000 | -€500 | -14.3% |
| Cash at bank and in hand | 54/58 | €466 | €179 | -€287 | -61.6% |
| Total equity and liabilities | 10/49 | €3,966 | €3,179 | -€787 | -19.8% |
| Equity | 10/15 | -€58,467 | -€58,855 | -€388 | -0.7% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€758,467 | -€758,855 | -€388 | -0.1% |
| Amounts payable | 17/49 | €62,433 | €62,034 | -€399 | -0.6% |
| Amounts payable within one year | 42/48 | €62,433 | €62,034 | -€399 | -0.6% |
| Trade debts | 44 | €200 | €200 | = | 0.0% |
| Suppliers | 440/4 | €200 | €200 | = | 0.0% |
| Other amounts payable | 47/48 | €62,233 | €61,834 | -€399 | -0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €387 | +€387 | |
| Gross operating margin | 9900 | -€469 | -€387 | +€82 | +17.4% |
| Operating profit (loss) | 9901 | -€469 | -€387 | +€82 | +17.4% |
| Financial charges | 65/66B | €69 | - | -€69 | |
| Recurring financial charges | 65 | €69 | - | -€69 | |
| Profit (loss) for the period before taxes | 9903 | -€538 | -€387 | +€151 | +28.0% |
| Profit (loss) for the period | 9904 | -€538 | -€387 | +€151 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€538 | -€387 | +€151 | +28.0% |
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 30 October 2026 via checked.be.