M.E. IMMO: what changed
Two fiscal 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.E. IMMO
Largest movements
- Tangible fixed assets -€71,607
down €71,607 (-2.2%), from €3.3m to €3.2m
of which Land and buildings: -€70,877
- Other debts -€47,550
down €47,550 (-37.4%), from €127,256 to €79,706
- Financial charges -€6,732
down €6,732 (-36.7%), from €18,335 to €11,603
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.
Cash bridge derived
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 | €3,393,393 | €3,336,877 | -€56,516 | -1.7% |
| Fixed assets | 21/28 | €3,298,296 | €3,226,689 | -€71,607 | -2.2% |
| Tangible fixed assets | 22/27 | €3,298,296 | €3,226,689 | -€71,607 | -2.2% |
| Land and buildings | 22 | €3,295,095 | €3,224,217 | -€70,877 | -2.2% |
| Plant, machinery and equipment | 23 | €3,201 | €2,472 | -€729 | -22.8% |
| Current assets | 29/58 | €95,097 | €110,188 | +€15,091 | +15.9% |
| Amounts receivable within one year | 40/41 | €8 | €0 | -€8 | -100.0% |
| Other amounts receivable | 41 | €8 | €0 | -€8 | -100.0% |
| Cash at bank and in hand | 54/58 | €95,090 | €110,188 | +€15,098 | +15.9% |
| Total equity and liabilities | 10/49 | €3,393,393 | €3,336,877 | -€56,516 | -1.7% |
| Equity | 10/15 | €2,832,384 | €2,860,639 | +€28,255 | +1.0% |
| Contributions | 10/11 | €2,889,000 | €2,889,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,616 | -€28,361 | +€28,255 | +49.9% |
| Amounts payable | 17/49 | €561,010 | €476,238 | -€84,771 | -15.1% |
| Amounts payable after more than one year | 17 | €382,352 | €350,181 | -€32,171 | -8.4% |
| Financial debts | 170/4 | €382,352 | €350,181 | -€32,171 | -8.4% |
| Amounts payable within one year | 42/48 | €159,088 | €111,877 | -€47,210 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €31,832 | €32,171 | +€339 | +1.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €127,256 | €79,706 | -€47,550 | -37.4% |
| Accrued charges and deferred income | 492/3 | €19,570 | €14,180 | -€5,390 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,323 | €71,607 | +€284 | +0.4% |
| Other operating charges | 640/8 | €13,587 | €14,014 | +€426 | +3.1% |
| Gross operating margin | 9900 | €124,601 | €125,478 | +€878 | +0.7% |
| Operating profit (loss) | 9901 | €39,691 | €39,858 | +€168 | +0.4% |
| Financial charges | 65/66B | €18,335 | €11,603 | -€6,732 | -36.7% |
| Recurring financial charges | 65 | €18,335 | €11,603 | -€6,732 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €21,356 | €28,255 | +€6,900 | +32.3% |
| Profit (loss) for the period | 9904 | €21,356 | €28,255 | +€6,900 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,356 | €28,255 | +€6,900 | +32.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.