MCF 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.
MCF Immo
Largest movements
- Cash +€11,554
up €11,554 (+105.1%), from €10,991 to €22,545
mainly Net result for the year (+€8,571) and Depreciation (+€8,550)
- Tangible fixed assets -€8,550
down €8,550 (-4.2%), from €205,909 to €197,359
- Profit (loss) carried forward +€8,571
up €8,571, from -€3,183 to €5,388
- Debts after one year -€7,298
down €7,298 (-4.4%), from €166,877 to €159,579
- Gross operating margin +€13,692
up €13,692 (+75.8%), from €18,059 to €31,752
- Taxes +€1,796
new in 2025: €1,796
- Depreciation +€709
up €709 (+9.0%), from €7,841 to €8,550
- Financial charges -€472
down €472 (-5.8%), from €8,192 to €7,721
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 | €221,338 | €224,342 | +€3,004 | +1.4% |
| Fixed assets | 21/28 | €205,909 | €197,359 | -€8,550 | -4.2% |
| Tangible fixed assets | 22/27 | €205,909 | €197,359 | -€8,550 | -4.2% |
| Land and buildings | 22 | €205,909 | €197,359 | -€8,550 | -4.2% |
| Current assets | 29/58 | €15,429 | €26,983 | +€11,554 | +74.9% |
| Cash at bank and in hand | 54/58 | €10,991 | €22,545 | +€11,554 | +105.1% |
| Deferred charges and accrued income | 490/1 | €4,438 | €4,438 | = | 0.0% |
| Total equity and liabilities | 10/49 | €221,338 | €224,342 | +€3,004 | +1.4% |
| Equity | 10/15 | €6,817 | €15,388 | +€8,571 | +125.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,183 | €5,388 | +€8,571 | |
| Amounts payable | 17/49 | €214,521 | €208,954 | -€5,568 | -2.6% |
| Amounts payable after more than one year | 17 | €166,877 | €159,579 | -€7,298 | -4.4% |
| Financial debts | 170/4 | €166,877 | €159,579 | -€7,298 | -4.4% |
| Amounts payable within one year | 42/48 | €47,644 | €49,374 | +€1,731 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €6,984 | €7,298 | +€314 | +4.5% |
| Trade debts | 44 | €660 | €280 | -€379 | -57.5% |
| Suppliers | 440/4 | €660 | €280 | -€379 | -57.5% |
| Taxes, remuneration and social security | 45 | - | €1,796 | +€1,796 | |
| Taxes | 450/3 | - | €1,796 | +€1,796 | |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,841 | €8,550 | +€709 | +9.0% |
| Other operating charges | 640/8 | €5,209 | €5,114 | -€96 | -1.8% |
| Gross operating margin | 9900 | €18,059 | €31,752 | +€13,692 | +75.8% |
| Operating profit (loss) | 9901 | €5,009 | €18,088 | +€13,079 | +261.1% |
| Financial charges | 65/66B | €8,192 | €7,721 | -€472 | -5.8% |
| Recurring financial charges | 65 | €8,192 | €7,721 | -€472 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,183 | €10,367 | +€13,550 | |
| Income taxes | 67/77 | - | €1,796 | +€1,796 | |
| Profit (loss) for the period | 9904 | -€3,183 | €8,571 | +€11,754 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,183 | €8,571 | +€11,754 |
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 5 October 2026 via checked.be.