M&B 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&B IMMO
Largest movements
- Tangible fixed assets -€15,266
down €15,266 (-3.0%), from €508,175 to €492,910
of which Land and buildings: -€18,843
- Debts after one year -€19,851
down €19,851 (-5.1%), from €386,534 to €366,683
- Other debts +€5,621
up €5,621 (+6.1%), from €92,504 to €98,126
- Gross operating margin -€4,714
down €4,714 (-11.3%), from €41,657 to €36,943
- Depreciation -€3,860
down €3,860 (-14.7%), from €26,339 to €22,479
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,714 | €495,927 | -€16,787 | -3.3% |
| Fixed assets | 21/28 | €508,175 | €492,910 | -€15,266 | -3.0% |
| Tangible fixed assets | 22/27 | €508,175 | €492,910 | -€15,266 | -3.0% |
| Land and buildings | 22 | €483,585 | €464,741 | -€18,843 | -3.9% |
| Plant, machinery and equipment | 23 | €24,289 | €28,056 | +€3,767 | +15.5% |
| Furniture and vehicles | 24 | €302 | €112 | -€190 | -62.8% |
| Current assets | 29/58 | €4,538 | €3,017 | -€1,522 | -33.5% |
| Amounts receivable within one year | 40/41 | - | €1,000 | +€1,000 | |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €4,538 | €2,017 | -€2,522 | -55.6% |
| Total equity and liabilities | 10/49 | €512,714 | €495,927 | -€16,787 | -3.3% |
| Equity | 10/15 | €9,212 | €7,882 | -€1,330 | -14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,012 | €1,682 | -€1,330 | -44.2% |
| Amounts payable | 17/49 | €503,502 | €488,045 | -€15,457 | -3.1% |
| Amounts payable after more than one year | 17 | €386,534 | €366,683 | -€19,851 | -5.1% |
| Financial debts | 170/4 | €386,534 | €366,683 | -€19,851 | -5.1% |
| Amounts payable within one year | 42/48 | €116,967 | €121,362 | +€4,395 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €19,278 | €19,852 | +€575 | +3.0% |
| Financial debts | 43 | €68 | €0 | -€68 | -100.0% |
| Credit institutions | 430/8 | €68 | €0 | -€68 | -100.0% |
| Trade debts | 44 | €2,405 | €3,069 | +€664 | +27.6% |
| Suppliers | 440/4 | €2,405 | €3,069 | +€664 | +27.6% |
| Taxes, remuneration and social security | 45 | €2,712 | €315 | -€2,397 | -88.4% |
| Taxes | 450/3 | €2,712 | €315 | -€2,397 | -88.4% |
| Other amounts payable | 47/48 | €92,504 | €98,126 | +€5,621 | +6.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,339 | €22,479 | -€3,860 | -14.7% |
| Other operating charges | 640/8 | €2,789 | €2,679 | -€110 | -4.0% |
| Gross operating margin | 9900 | €41,657 | €36,943 | -€4,714 | -11.3% |
| Operating profit (loss) | 9901 | €12,529 | €11,786 | -€743 | -5.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,798 | €13,116 | +€318 | +2.5% |
| Recurring financial charges | 65 | €12,798 | €13,116 | +€318 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€269 | -€1,330 | -€1,062 | -394.9% |
| Income taxes | 67/77 | €315 | €0 | -€315 | -100.0% |
| Profit (loss) for the period | 9904 | -€584 | -€1,330 | -€746 | -127.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€584 | -€1,330 | -€746 | -127.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.