M.NET 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.NET IMMO
Largest movements
- Tangible fixed assets -€10,234
down €10,234 (-3.4%), from €304,984 to €294,751
- Receivables within one year -€6,738
down €6,738 (-97.2%), from €6,935 to €197
of which Trade receivables: -€6,883
- Debts after one year -€18,600
down €18,600 (-7.7%), from €240,250 to €221,650
- Profit (loss) carried forward +€7,662
up €7,662 (+12.7%), from -€60,162 to -€52,500
- Depreciation -€39,818
down €39,818 (-79.6%), from €50,052 to €10,234
- Gross operating margin +€21,145
up €21,145 (+303.7%), from €6,962 to €28,108
- Financial charges -€4,114
down €4,114 (-29.5%), from €13,927 to €9,813
- Other operating charges -€2,746
down €2,746 (-87.3%), from €3,146 to €400
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 | €312,064 | €296,981 | -€15,083 | -4.8% |
| Fixed assets | 21/28 | €304,984 | €294,751 | -€10,234 | -3.4% |
| Tangible fixed assets | 22/27 | €304,984 | €294,751 | -€10,234 | -3.4% |
| Land and buildings | 22 | €304,984 | €294,751 | -€10,234 | -3.4% |
| Current assets | 29/58 | €7,079 | €2,230 | -€4,849 | -68.5% |
| Amounts receivable within one year | 40/41 | €6,935 | €197 | -€6,738 | -97.2% |
| Trade receivables | 40 | €6,883 | - | -€6,883 | |
| Other amounts receivable | 41 | €52 | €197 | +€145 | +279.3% |
| Cash at bank and in hand | 54/58 | €144 | €2,034 | +€1,889 | +1307.7% |
| Total equity and liabilities | 10/49 | €312,064 | €296,981 | -€15,083 | -4.8% |
| Equity | 10/15 | -€55,162 | -€47,500 | +€7,662 | +13.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,162 | -€52,500 | +€7,662 | +12.7% |
| Amounts payable | 17/49 | €367,226 | €344,481 | -€22,745 | -6.2% |
| Amounts payable after more than one year | 17 | €240,250 | €221,650 | -€18,600 | -7.7% |
| Financial debts | 170/4 | €240,250 | €221,650 | -€18,600 | -7.7% |
| Amounts payable within one year | 42/48 | €126,976 | €122,831 | -€4,145 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €18,600 | €18,600 | = | 0.0% |
| Trade debts | 44 | €3,801 | €1,739 | -€2,062 | -54.3% |
| Suppliers | 440/4 | €3,801 | €1,739 | -€2,062 | -54.3% |
| Other amounts payable | 47/48 | €104,574 | €102,492 | -€2,082 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,052 | €10,234 | -€39,818 | -79.6% |
| Other operating charges | 640/8 | €3,146 | €400 | -€2,746 | -87.3% |
| Gross operating margin | 9900 | €6,962 | €28,108 | +€21,145 | +303.7% |
| Operating profit (loss) | 9901 | -€46,235 | €17,474 | +€63,709 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €13,927 | €9,813 | -€4,114 | -29.5% |
| Recurring financial charges | 65 | €13,927 | €9,813 | -€4,114 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€60,162 | €7,662 | +€67,824 | |
| Profit (loss) for the period | 9904 | -€60,162 | €7,662 | +€67,824 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,162 | €7,662 | +€67,824 |
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 6 October 2026 via checked.be.