M.C.O.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.C.O.IMMO
Largest movements
- Cash -€12,321
down €12,321 (-97.7%), from €12,614 to €293
mainly Investment in fixed assets (net) (-€9,645) and Net result for the year (-€8,623)
- Profit (loss) carried forward -€8,623
down €8,623 (-32.5%), from -€26,525 to -€35,148
- Debts after one year -€7,018
down €7,018 (-6.9%), from €101,371 to €94,353
- Gross operating margin -€6,991
down €6,991 (-42.5%), from €16,465 to €9,475
- Depreciation +€482
up €482 (+4.2%), from €11,372 to €11,854
- Financial charges -€218
down €218 (-5.8%), from €3,737 to €3,520
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 | €369,639 | €355,109 | -€14,530 | -3.9% |
| Fixed assets | 21/28 | €357,025 | €354,816 | -€2,209 | -0.6% |
| Tangible fixed assets | 22/27 | €357,025 | €354,816 | -€2,209 | -0.6% |
| Land and buildings | 22 | €349,494 | €339,796 | -€9,698 | -2.8% |
| Plant, machinery and equipment | 23 | €7,531 | €15,020 | +€7,489 | +99.4% |
| Current assets | 29/58 | €12,614 | €293 | -€12,321 | -97.7% |
| Cash at bank and in hand | 54/58 | €12,614 | €293 | -€12,321 | -97.7% |
| Total equity and liabilities | 10/49 | €369,639 | €355,109 | -€14,530 | -3.9% |
| Equity | 10/15 | €33,475 | €24,852 | -€8,623 | -25.8% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,525 | -€35,148 | -€8,623 | -32.5% |
| Amounts payable | 17/49 | €336,164 | €330,258 | -€5,907 | -1.8% |
| Amounts payable after more than one year | 17 | €101,371 | €94,353 | -€7,018 | -6.9% |
| Financial debts | 170/4 | €101,371 | €94,353 | -€7,018 | -6.9% |
| Amounts payable within one year | 42/48 | €234,793 | €235,905 | +€1,111 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €6,793 | €7,018 | +€225 | +3.3% |
| Trade debts | 44 | - | €387 | +€387 | |
| Suppliers | 440/4 | - | €387 | +€387 | |
| Other amounts payable | 47/48 | €228,000 | €228,500 | +€500 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,372 | €11,854 | +€482 | +4.2% |
| Other operating charges | 640/8 | €2,618 | €2,725 | +€107 | +4.1% |
| Gross operating margin | 9900 | €16,465 | €9,475 | -€6,991 | -42.5% |
| Operating profit (loss) | 9901 | €2,476 | -€5,104 | -€7,580 | |
| Financial charges | 65/66B | €3,737 | €3,520 | -€218 | -5.8% |
| Recurring financial charges | 65 | €3,737 | €3,520 | -€218 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,261 | -€8,623 | -€7,362 | -584% |
| Profit (loss) for the period | 9904 | -€1,261 | -€8,623 | -€7,362 | -584% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,261 | -€8,623 | -€7,362 | -584% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.