M.I. Properties Management: what changed
M.I. Properties Management
Largest movements
- Receivables within one year -€25,541
down €25,541 (-48.8%), from €52,298 to €26,757
of which Trade receivables: -€22,391
- Tangible fixed assets +€1,197
up €1,197 (+998%), from €120 to €1,317
of which Furniture and vehicles: +€1,317
- Trade debts -€46,167
down €46,167 (-86.8%), from €53,157 to €6,990
- Debts after one year +€20,833
new in 2025: €20,833
- Tax, wage and social debts -€6,702
down €6,702 (-64.5%), from €10,388 to €3,686
- Other debts +€5,134
new in 2025: €5,134
- Profit (loss) carried forward +€2,560
up €2,560 (+14.8%), from -€17,317 to -€14,757
- Staff costs -€9,944
down €9,944 (-78.3%), from €12,705 to €2,761
- Gross operating margin -€6,868
down €6,868 (-32.4%), from €21,221 to €14,353
- Taxes -€4,262
no longer reported in 2025 (was €4,262)
- Other operating charges +€2,556
up €2,556 (+62.1%), from €4,113 to €6,669
- Financial charges +€1,614
up €1,614 (+598%), from €270 to €1,884
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,428 | €28,087 | -€24,341 | -46.4% |
| Fixed assets | 21/28 | €120 | €1,317 | +€1,197 | +998% |
| Tangible fixed assets | 22/27 | €120 | €1,317 | +€1,197 | +998% |
| Furniture and vehicles | 24 | - | €1,317 | +€1,317 | |
| Other tangible fixed assets | 26 | €120 | - | -€120 | |
| Current assets | 29/58 | €52,308 | €26,769 | -€25,539 | -48.8% |
| Amounts receivable within one year | 40/41 | €52,298 | €26,757 | -€25,541 | -48.8% |
| Trade receivables | 40 | €47,005 | €24,614 | -€22,391 | -47.6% |
| Other amounts receivable | 41 | €5,293 | €2,143 | -€3,150 | -59.5% |
| Cash at bank and in hand | 54/58 | €10 | €13 | +€3 | +27.5% |
| Total equity and liabilities | 10/49 | €52,428 | €28,087 | -€24,341 | -46.4% |
| Equity | 10/15 | -€11,117 | -€8,557 | +€2,560 | +23.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,317 | -€14,757 | +€2,560 | +14.8% |
| Amounts payable | 17/49 | €63,545 | €36,644 | -€26,901 | -42.3% |
| Amounts payable after more than one year | 17 | - | €20,833 | +€20,833 | |
| Financial debts | 170/4 | - | €20,833 | +€20,833 | |
| Amounts payable within one year | 42/48 | €63,545 | €15,811 | -€47,734 | -75.1% |
| Trade debts | 44 | €53,157 | €6,990 | -€46,167 | -86.8% |
| Suppliers | 440/4 | €53,157 | €6,990 | -€46,167 | -86.8% |
| Taxes, remuneration and social security | 45 | €10,388 | €3,686 | -€6,702 | -64.5% |
| Taxes | 450/3 | €10,388 | €3,686 | -€6,702 | -64.5% |
| Other amounts payable | 47/48 | - | €5,134 | +€5,134 | |
| Remuneration, social security and pensions | 62 | €12,705 | €2,761 | -€9,944 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,254 | €480 | -€774 | -61.7% |
| Other operating charges | 640/8 | €4,113 | €6,669 | +€2,556 | +62.1% |
| Gross operating margin | 9900 | €21,221 | €14,353 | -€6,868 | -32.4% |
| Operating profit (loss) | 9901 | €3,149 | €4,444 | +€1,295 | +41.1% |
| Financial charges | 65/66B | €270 | €1,884 | +€1,614 | +598% |
| Recurring financial charges | 65 | €270 | €1,884 | +€1,614 | +598% |
| Profit (loss) for the period before taxes | 9903 | €2,879 | €2,560 | -€319 | -11.1% |
| Income taxes | 67/77 | €4,262 | - | -€4,262 | |
| Profit (loss) for the period | 9904 | -€1,383 | €2,560 | +€3,943 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,383 | €2,560 | +€3,943 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.