MCR 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.
MCR IMMO
Largest movements
- Receivables within one year +€90,071
up €90,071 (+1073.8%), from €8,388 to €98,459
- Tangible fixed assets -€32,559
down €32,559 (-2.7%), from €1.2m to €1.2m
- Profit (loss) carried forward +€113,146
up €113,146 (+57.6%), from -€196,563 to -€83,417
- Other debts -€83,281
down €83,281 (-24.9%), from €334,596 to €251,315
- Debts after one year +€49,903
up €49,903 (+5.1%), from €984,324 to €1.0m
- Current portion of long-term debt -€20,239
down €20,239 (-24.6%), from €82,196 to €61,957
- Gross operating margin +€91,751
up €91,751 (+107.7%), from €85,160 to €176,911
- Financial charges -€15,247
down €15,247 (-49.3%), from €30,903 to €15,656
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 | €1,215,241 | €1,270,392 | +€55,151 | +4.5% |
| Fixed assets | 21/28 | €1,204,310 | €1,171,750 | -€32,559 | -2.7% |
| Tangible fixed assets | 22/27 | €1,204,310 | €1,171,750 | -€32,559 | -2.7% |
| Land and buildings | 22 | €1,204,310 | €1,171,750 | -€32,559 | -2.7% |
| Current assets | 29/58 | €10,932 | €98,642 | +€87,710 | +802.3% |
| Amounts receivable within one year | 40/41 | €8,388 | €98,459 | +€90,071 | +1073.8% |
| Other amounts receivable | 41 | €8,388 | €98,459 | +€90,071 | +1073.8% |
| Cash at bank and in hand | 54/58 | €1,602 | €183 | -€1,419 | -88.6% |
| Deferred charges and accrued income | 490/1 | €942 | - | -€942 | |
| Total equity and liabilities | 10/49 | €1,215,241 | €1,270,392 | +€55,151 | +4.5% |
| Equity | 10/15 | -€191,563 | -€78,417 | +€113,146 | +59.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,563 | -€83,417 | +€113,146 | +57.6% |
| Amounts payable | 17/49 | €1,406,804 | €1,348,809 | -€57,995 | -4.1% |
| Amounts payable after more than one year | 17 | €984,324 | €1,034,227 | +€49,903 | +5.1% |
| Financial debts | 170/4 | €984,324 | €1,034,227 | +€49,903 | +5.1% |
| Amounts payable within one year | 42/48 | €421,491 | €314,582 | -€106,909 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €82,196 | €61,957 | -€20,239 | -24.6% |
| Trade debts | 44 | €4,699 | €1,310 | -€3,389 | -72.1% |
| Suppliers | 440/4 | €4,699 | €1,310 | -€3,389 | -72.1% |
| Other amounts payable | 47/48 | €334,596 | €251,315 | -€83,281 | -24.9% |
| Accrued charges and deferred income | 492/3 | €989 | - | -€989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,559 | €32,559 | = | 0.0% |
| Other operating charges | 640/8 | €15,119 | €15,550 | +€431 | +2.9% |
| Gross operating margin | 9900 | €85,160 | €176,911 | +€91,751 | +107.7% |
| Operating profit (loss) | 9901 | €37,481 | €128,801 | +€91,320 | +243.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €30,903 | €15,656 | -€15,247 | -49.3% |
| Recurring financial charges | 65 | €30,903 | €15,656 | -€15,247 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | €6,578 | €113,146 | +€106,568 | +1620.1% |
| Profit (loss) for the period | 9904 | €6,578 | €113,146 | +€106,568 | +1620.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,578 | €113,146 | +€106,568 | +1620.1% |
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.