MABRI 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.
What changed
MABRI IMMO
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€61,218
2024 · -€108,868+€47,649
Equity
€4.6m
2024 · €4.7m-€61,218
Cash
€10,199
2024 · €10,619-€420
Balance sheet total
€12.8m
2024 · €10.4m+€2.5m
Largest movements
Assets
- Tangible fixed assets +€2.8m
up €2.8m (+27.4%), from €10.1m to €12.8m
- Receivables within one year -€304,245
no longer reported in 2025 (was €304,245)
Equity and liabilities
- Debts after one year +€2.3m
up €2.3m (+59.4%), from €3.9m to €6.1m
- Other debts +€212,148
up €212,148 (+15.9%), from €1.3m to €1.5m
Income statement
- Turnover +€94,768
up €94,768 (+18.3%), from €519,202 to €613,971
- Depreciation -€51,351
down €51,351 (-10.9%), from €470,073 to €418,722
- Financial charges +€43,653
up €43,653 (+26.8%), from €162,592 to €206,246
of which Financial charges: +€55,006
- Services and other goods +€20,362
up €20,362 (+104.6%), from €19,471 to €39,832
- Taxes +€11,489
up €11,489 (+355.8%), from €3,229 to €14,719
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.
Result 2024
-€108,868
Turnover
+€94,768
Services and other goods
-€20,362
Depreciation
+€51,351
Other operating charges
-€6,214
Financial income
+€0
Financial charges
-€43,653
Taxes
-€11,489
Deferred taxes and other
-€16,753
Result 2025
-€61,218
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.
From operations
+€821,223
Investment
-€3.2m
Financing
+€2.4m
Cash 2024
€10,619
From operations (derived)
+€821,223
Net result for the year
-€61,218
Depreciation
+€418,722
Receivables within one year
+€304,245
Provisions
-€33,504
Trade debts
-€31,524
Tax, wage and social debts
+€11,489
Other debts
+€212,148
Accrued charges and deferred income
+€866
Investment (derived)
-€3.2m
Investment in fixed assets (net)
-€3.2m
Financing
+€2.4m
Debts after one year
+€2.3m
Current portion of long-term debt
+€67,812
Cash 2025
€10,199
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,380,217 | €12,837,645 | +€2.5m | +23.7% |
| Fixed assets | 21/28 | €10,065,352 | €12,827,446 | +€2.8m | +27.4% |
| Tangible fixed assets | 22/27 | €10,065,352 | €12,827,446 | +€2.8m | +27.4% |
| Land and buildings | 22 | €10,065,352 | €12,827,446 | +€2.8m | +27.4% |
| Current assets | 29/58 | €314,864 | €10,199 | -€304,665 | -96.8% |
| Amounts receivable within one year | 40/41 | €304,245 | - | -€304,245 | |
| Other amounts receivable | 41 | €304,245 | - | -€304,245 | |
| Cash at bank and in hand | 54/58 | €10,619 | €10,199 | -€420 | -4.0% |
| Total equity and liabilities | 10/49 | €10,380,217 | €12,837,645 | +€2.5m | +23.7% |
| Equity | 10/15 | €4,694,710 | €4,633,492 | -€61,218 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,667,209 | €4,614,000 | -€53,209 | -1.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €100,513 | - | -€100,513 | |
| Distributable reserves | 133 | €4,564,836 | €4,614,000 | +€49,164 | +1.1% |
| Profit (loss) carried forward | 14 | €8,901 | €892 | -€8,009 | -90.0% |
| Provisions and deferred taxes | 16 | €33,504 | - | -€33,504 | |
| Deferred taxes | 168 | €33,504 | - | -€33,504 | |
| Amounts payable | 17/49 | €5,652,002 | €8,204,153 | +€2.6m | +45.2% |
| Amounts payable after more than one year | 17 | €3,854,606 | €6,145,965 | +€2.3m | +59.4% |
| Financial debts | 170/4 | €3,854,606 | €6,145,965 | +€2.3m | +59.4% |
| Credit institutions | 173 | €3,854,606 | €6,145,965 | +€2.3m | +59.4% |
| Amounts payable within one year | 42/48 | €1,785,488 | €2,045,414 | +€259,926 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €417,628 | €485,440 | +€67,812 | +16.2% |
| Trade debts | 44 | €31,524 | - | -€31,524 | |
| Suppliers | 440/4 | €31,524 | - | -€31,524 | |
| Taxes, remuneration and social security | 45 | €3,229 | €14,719 | +€11,489 | +355.8% |
| Taxes | 450/3 | €3,229 | €14,719 | +€11,489 | +355.8% |
| Other amounts payable | 47/48 | €1,333,107 | €1,545,255 | +€212,148 | +15.9% |
| Accrued charges and deferred income | 492/3 | €11,908 | €12,774 | +€866 | +7.3% |
| Operating income | 70/76A | €519,202 | €613,971 | +€94,768 | +18.3% |
| Turnover | 70 | €519,202 | €613,971 | +€94,768 | +18.3% |
| Operating charges | 60/66A | €512,506 | €487,730 | -€24,776 | -4.8% |
| Services and other goods | 61 | €19,471 | €39,832 | +€20,362 | +104.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €470,073 | €418,722 | -€51,351 | -10.9% |
| Other operating charges | 640/8 | €22,962 | €29,176 | +€6,214 | +27.1% |
| Operating profit (loss) | 9901 | €6,697 | €126,241 | +€119,544 | +1785.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €162,592 | €206,246 | +€43,653 | +26.8% |
| Recurring financial charges | 65 | €151,239 | €206,246 | +€55,006 | +36.4% |
| Debt charges | 650 | €150,829 | €204,548 | +€53,720 | +35.6% |
| Other financial charges | 652/9 | €411 | €1,697 | +€1,287 | +313.2% |
| Non-recurring financial charges | 66B | €11,353 | - | -€11,353 | |
| Profit (loss) for the period before taxes | 9903 | -€155,896 | -€80,004 | +€75,891 | +48.7% |
| Transfer from deferred taxes | 780 | €50,257 | €33,504 | -€16,753 | -33.3% |
| Income taxes | 67/77 | €3,229 | €14,719 | +€11,489 | +355.8% |
| Taxes | 670/3 | €3,229 | €14,719 | +€11,489 | +355.8% |
| Profit (loss) for the period | 9904 | -€108,868 | -€61,218 | +€47,649 | +43.8% |
| Transfer from tax-exempt reserves | 789 | €150,771 | €100,513 | -€50,258 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,903 | €39,295 | -€2,609 | -6.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.