M.J.C. 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.J.C. IMMO
Largest movements
- Tangible fixed assets -€19,660
down €19,660 (-6.2%), from €317,156 to €297,497
- Cash +€3,516
up €3,516 (+357%), from €984 to €4,500
mainly Depreciation (+€21,096) and Other debts (+€8,100)
- Debts after one year -€15,002
down €15,002 (-16.8%), from €89,274 to €74,272
- Profit (loss) carried forward -€8,219
down €8,219 (-3.6%), from -€226,388 to -€234,608
- Other debts +€8,100
up €8,100 (+1.9%), from €420,631 to €428,731
- Gross operating margin +€4,074
up €4,074 (+23.3%), from €17,506 to €21,580
- Financial charges -€2,078
down €2,078 (-26.5%), from €7,831 to €5,753
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 | €319,951 | €303,893 | -€16,057 | -5.0% |
| Fixed assets | 21/28 | €317,156 | €297,497 | -€19,660 | -6.2% |
| Tangible fixed assets | 22/27 | €317,156 | €297,497 | -€19,660 | -6.2% |
| Land and buildings | 22 | €317,156 | €297,497 | -€19,660 | -6.2% |
| Current assets | 29/58 | €2,794 | €6,397 | +€3,602 | +129% |
| Cash at bank and in hand | 54/58 | €984 | €4,500 | +€3,516 | +357% |
| Deferred charges and accrued income | 490/1 | €1,810 | €1,897 | +€87 | +4.8% |
| Total equity and liabilities | 10/49 | €319,951 | €303,893 | -€16,057 | -5.0% |
| Equity | 10/15 | -€207,788 | -€216,008 | -€8,219 | -4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€226,388 | -€234,608 | -€8,219 | -3.6% |
| Amounts payable | 17/49 | €527,739 | €519,901 | -€7,838 | -1.5% |
| Amounts payable after more than one year | 17 | €89,274 | €74,272 | -€15,002 | -16.8% |
| Financial debts | 170/4 | €89,274 | €74,272 | -€15,002 | -16.8% |
| Amounts payable within one year | 42/48 | €437,965 | €445,629 | +€7,664 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €14,266 | €15,002 | +€736 | +5.2% |
| Trade debts | 44 | €3,068 | €1,897 | -€1,172 | -38.2% |
| Suppliers | 440/4 | €3,068 | €1,897 | -€1,172 | -38.2% |
| Other amounts payable | 47/48 | €420,631 | €428,731 | +€8,100 | +1.9% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,062 | €21,096 | +€34 | +0.2% |
| Other operating charges | 640/8 | €2,880 | €2,950 | +€71 | +2.4% |
| Gross operating margin | 9900 | €17,506 | €21,580 | +€4,074 | +23.3% |
| Operating profit (loss) | 9901 | -€6,436 | -€2,466 | +€3,969 | +61.7% |
| Financial charges | 65/66B | €7,831 | €5,753 | -€2,078 | -26.5% |
| Recurring financial charges | 65 | €7,831 | €5,753 | -€2,078 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,267 | -€8,219 | +€6,047 | +42.4% |
| Profit (loss) for the period | 9904 | -€14,267 | -€8,219 | +€6,047 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,267 | -€8,219 | +€6,047 | +42.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.