M.M-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.M-IMMO
Largest movements
- Tangible fixed assets -€17,867
down €17,867 (-29.8%), from €59,945 to €42,078
of which Furniture and vehicles: -€12,500
- Cash +€7,362
up €7,362 (+104.0%), from €7,076 to €14,438
mainly Investment in fixed assets (net) (+€12,500) and Depreciation (+€5,367)
- Deferred charges and accrued income +€6,485
up €6,485 (+965.5%), from €672 to €7,157
- Receivables within one year -€1,639
down €1,639 (-83.2%), from €1,970 to €331
- Other debts -€3,843
down €3,843 (-20.8%), from €18,467 to €14,625
- Trade debts -€2,639
down €2,639 (-88.7%), from €2,974 to €335
- Tax, wage and social debts +€766
up €766 (+1399.4%), from €55 to €821
- Gross operating margin +€8,782
up €8,782, from -€1,702 to €7,079
- Depreciation -€5,861
down €5,861 (-52.2%), from €11,228 to €5,367
- Financial charges -€201
down €201 (-13.9%), from €1,447 to €1,246
- Taxes +€114
new in 2025: €114
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 | €69,663 | €64,004 | -€5,659 | -8.1% |
| Fixed assets | 21/28 | €59,945 | €42,078 | -€17,867 | -29.8% |
| Tangible fixed assets | 22/27 | €59,945 | €42,078 | -€17,867 | -29.8% |
| Land and buildings | 22 | €47,445 | €42,078 | -€5,367 | -11.3% |
| Furniture and vehicles | 24 | €12,500 | - | -€12,500 | |
| Current assets | 29/58 | €9,717 | €21,926 | +€12,208 | +125.6% |
| Amounts receivable within one year | 40/41 | €1,970 | €331 | -€1,639 | -83.2% |
| Trade receivables | 40 | €1,970 | €331 | -€1,639 | -83.2% |
| Cash at bank and in hand | 54/58 | €7,076 | €14,438 | +€7,362 | +104.0% |
| Deferred charges and accrued income | 490/1 | €672 | €7,157 | +€6,485 | +965.5% |
| Total equity and liabilities | 10/49 | €69,663 | €64,004 | -€5,659 | -8.1% |
| Equity | 10/15 | €46,869 | €47,221 | +€352 | +0.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €58,895 | €58,895 | = | 0.0% |
| Distributable reserves | 133 | €58,895 | €58,895 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,026 | -€31,674 | +€352 | +1.1% |
| Amounts payable | 17/49 | €22,794 | €16,783 | -€6,011 | -26.4% |
| Amounts payable within one year | 42/48 | €21,497 | €15,781 | -€5,716 | -26.6% |
| Trade debts | 44 | €2,974 | €335 | -€2,639 | -88.7% |
| Suppliers | 440/4 | €2,974 | €335 | -€2,639 | -88.7% |
| Taxes, remuneration and social security | 45 | €55 | €821 | +€766 | +1399.4% |
| Taxes | 450/3 | €55 | €821 | +€766 | +1399.4% |
| Other amounts payable | 47/48 | €18,467 | €14,625 | -€3,843 | -20.8% |
| Accrued charges and deferred income | 492/3 | €1,297 | €1,002 | -€296 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,228 | €5,367 | -€5,861 | -52.2% |
| Gross operating margin | 9900 | -€1,702 | €7,079 | +€8,782 | |
| Operating profit (loss) | 9901 | -€12,930 | €1,712 | +€14,642 | |
| Financial charges | 65/66B | €1,447 | €1,246 | -€201 | -13.9% |
| Recurring financial charges | 65 | €1,447 | €1,246 | -€201 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,377 | €466 | +€14,843 | |
| Income taxes | 67/77 | - | €114 | +€114 | |
| Profit (loss) for the period | 9904 | -€14,377 | €352 | +€14,729 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,377 | €352 | +€14,729 |
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 12 October 2026 via checked.be.