M.K.L. 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.K.L. IMMO
Largest movements
- Tangible fixed assets -€10,789
down €10,789 (-5.7%), from €190,579 to €179,789
- Cash +€6,561
up €6,561 (+324%), from €2,026 to €8,587
mainly Net result for the year (+€14,267) and Depreciation (+€10,789)
- Debts after one year -€25,019
down €25,019 (-64.3%), from €38,923 to €13,904
- Profit (loss) carried forward +€14,267
up €14,267 (+16.4%), from €86,883 to €101,150
- Tax, wage and social debts +€5,194
new in 2025: €5,194
- Financial charges -€877
down €877 (-32.3%), from €2,718 to €1,842
- Taxes +€622
up €622 (+13.6%), from €4,571 to €5,194
- Gross operating margin +€359
up €359 (+1.1%), from €33,684 to €34,043
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 | €195,025 | €190,385 | -€4,640 | -2.4% |
| Fixed assets | 21/28 | €190,579 | €179,789 | -€10,789 | -5.7% |
| Tangible fixed assets | 22/27 | €190,579 | €179,789 | -€10,789 | -5.7% |
| Land and buildings | 22 | €190,579 | €179,789 | -€10,789 | -5.7% |
| Current assets | 29/58 | €4,446 | €10,595 | +€6,149 | +138% |
| Amounts receivable within one year | 40/41 | €429 | - | -€429 | |
| Other amounts receivable | 41 | €429 | - | -€429 | |
| Cash at bank and in hand | 54/58 | €2,026 | €8,587 | +€6,561 | +324% |
| Deferred charges and accrued income | 490/1 | €1,991 | €2,008 | +€17 | +0.9% |
| Total equity and liabilities | 10/49 | €195,025 | €190,385 | -€4,640 | -2.4% |
| Equity | 10/15 | €107,343 | €121,610 | +€14,267 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,883 | €101,150 | +€14,267 | +16.4% |
| Amounts payable | 17/49 | €87,682 | €68,775 | -€18,908 | -21.6% |
| Amounts payable after more than one year | 17 | €38,923 | €13,904 | -€25,019 | -64.3% |
| Financial debts | 170/4 | €38,923 | €13,904 | -€25,019 | -64.3% |
| Amounts payable within one year | 42/48 | €48,759 | €54,870 | +€6,111 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €24,111 | €25,019 | +€908 | +3.8% |
| Taxes, remuneration and social security | 45 | - | €5,194 | +€5,194 | |
| Taxes | 450/3 | - | €5,194 | +€5,194 | |
| Other amounts payable | 47/48 | €24,648 | €24,658 | +€10 | 0.0% |
| Turnover | 70 | €33,000 | €33,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,811 | €2,517 | -€294 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,789 | €10,789 | = | 0.0% |
| Other operating charges | 640/8 | €1,892 | €1,951 | +€60 | +3.1% |
| Gross operating margin | 9900 | €33,684 | €34,043 | +€359 | +1.1% |
| Operating profit (loss) | 9901 | €21,003 | €21,302 | +€299 | +1.4% |
| Financial charges | 65/66B | €2,718 | €1,842 | -€877 | -32.3% |
| Recurring financial charges | 65 | €2,718 | €1,842 | -€877 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €18,285 | €19,461 | +€1,176 | +6.4% |
| Income taxes | 67/77 | €4,571 | €5,194 | +€622 | +13.6% |
| Profit (loss) for the period | 9904 | €13,714 | €14,267 | +€554 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,714 | €14,267 | +€554 | +4.0% |
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 24 October 2026 via checked.be.