MEVimmo: 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.
What changed
MEVimmo
NACE 55.203, Holiday cottages, homes and apartments
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€52,756
2024 · -€129,689+€76,934
Equity
€225,376
2024 · €84,131+€141,244
Cash
€4,274
2024 · €1,725+€2,549
Balance sheet total
€2.3m
2024 · €2.0m+€257,673
Largest movements
Assets
- Tangible fixed assets +€240,550
up €240,550 (+20.1%), from €1.2m to €1.4m
of which Land and buildings: +€332,470
Equity and liabilities
- Contributions +€194,000
up €194,000 (+554.3%), from €35,000 to €229,000
- Profit (loss) carried forward -€52,756
down €52,756, from €49,131 to -€3,624
- Debts after one year +€39,680
up €39,680 (+2.3%), from €1.7m to €1.7m
of which Financial debts: +€39,680
- Other debts +€35,950
up €35,950 (+30.7%), from €117,155 to €153,105
- Current portion of long-term debt +€30,942
up €30,942 (+30.9%), from €100,296 to €131,237
Income statement
- Turnover +€279,285
new in 2025: €279,285
- Purchases and services +€135,249
new in 2025: €135,249
- Gross operating margin +€56,645
up €56,645 (+59.8%), from €94,687 to €151,332
- Financial charges +€21,926
up €21,926 (+62.1%), from €35,306 to €57,231
- Other operating charges -€18,553
down €18,553 (-51.5%), from €36,003 to €17,450
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
-€129,689
Gross operating margin
+€56,645
Depreciation
+€5,306
Provisions
-€1,200
Other operating charges
+€18,553
Other operating items
+€19,709
Financial income
-€99
Financial charges
-€21,926
Taxes
-€55
Result 2025
-€52,756
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
+€108,119
Investment
-€368,106
Financing
+€262,535
Cash 2024
€1,725
From operations (derived)
+€108,119
Net result for the year
-€52,756
Depreciation
+€128,906
Receivables within one year
-€17,763
Deferred charges and accrued income
+€1,839
Trade debts
+€9,430
Tax, wage and social debts
+€3,013
Advances received
-€500
Other debts
+€35,950
Investment (derived)
-€368,106
Investment in fixed assets (net)
-€368,106
Financing
+€262,535
Debts after one year
+€39,680
Current portion of long-term debt
+€30,942
Short-term financial debts
-€2,087
Contributions, distributions and other
+€194,000
Cash 2025
€4,274
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,013,729 | €2,271,402 | +€257,673 | +12.8% |
| Fixed assets | 21/28 | €1,957,984 | €2,197,183 | +€239,200 | +12.2% |
| Tangible fixed assets | 22/27 | €1,198,470 | €1,439,019 | +€240,550 | +20.1% |
| Land and buildings | 22 | €595,745 | €928,215 | +€332,470 | +55.8% |
| Plant, machinery and equipment | 23 | €456,757 | €401,647 | -€55,110 | -12.1% |
| Furniture and vehicles | 24 | €138,282 | €101,471 | -€36,810 | -26.6% |
| Assets under construction and advance payments | 27 | €7,686 | €7,686 | = | 0.0% |
| Financial fixed assets | 28 | €759,514 | €758,164 | -€1,350 | -0.2% |
| Current assets | 29/58 | €55,745 | €74,218 | +€18,473 | +33.1% |
| Amounts receivable within one year | 40/41 | €45,953 | €63,716 | +€17,763 | +38.7% |
| Trade receivables | 40 | €11,347 | €30,312 | +€18,965 | +167.1% |
| Other amounts receivable | 41 | €34,606 | €33,405 | -€1,202 | -3.5% |
| Cash at bank and in hand | 54/58 | €1,725 | €4,274 | +€2,549 | +147.8% |
| Deferred charges and accrued income | 490/1 | €8,067 | €6,228 | -€1,839 | -22.8% |
| Total equity and liabilities | 10/49 | €2,013,729 | €2,271,402 | +€257,673 | +12.8% |
| Equity | 10/15 | €84,131 | €225,376 | +€141,244 | +167.9% |
| Contributions | 10/11 | €35,000 | €229,000 | +€194,000 | +554.3% |
| Profit (loss) carried forward | 14 | €49,131 | -€3,624 | -€52,756 | |
| Provisions and deferred taxes | 16 | €3,800 | €3,800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,800 | €3,800 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable | 17/49 | €1,925,798 | €2,042,226 | +€116,429 | +6.0% |
| Amounts payable after more than one year | 17 | €1,696,203 | €1,735,883 | +€39,680 | +2.3% |
| Financial debts | 170/4 | €1,694,253 | €1,733,933 | +€39,680 | +2.3% |
| Other amounts payable | 178/9 | €1,950 | €1,950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €229,595 | €306,343 | +€76,748 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €100,296 | €131,237 | +€30,942 | +30.9% |
| Financial debts | 43 | €2,087 | - | -€2,087 | |
| Credit institutions | 430/8 | €1,843 | - | -€1,843 | |
| Other loans | 439 | €244 | - | -€244 | |
| Trade debts | 44 | €9,113 | €18,542 | +€9,430 | +103.5% |
| Suppliers | 440/4 | €9,113 | €18,542 | +€9,430 | +103.5% |
| Advances received on contracts in progress | 46 | €500 | - | -€500 | |
| Taxes, remuneration and social security | 45 | €445 | €3,458 | +€3,013 | +676.9% |
| Taxes | 450/3 | €445 | €3,458 | +€3,013 | +676.9% |
| Other amounts payable | 47/48 | €117,155 | €153,105 | +€35,950 | +30.7% |
| Turnover | 70 | - | €279,285 | +€279,285 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €135,249 | +€135,249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,212 | €128,906 | -€5,306 | -4.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,200 | - | +€1,200 | |
| Other operating charges | 640/8 | €36,003 | €17,450 | -€18,553 | -51.5% |
| Non-recurring operating charges | 66A | €19,709 | - | -€19,709 | |
| Gross operating margin | 9900 | €94,687 | €151,332 | +€56,645 | +59.8% |
| Operating profit (loss) | 9901 | -€94,037 | €4,976 | +€99,013 | |
| Financial income | 75/76B | €99 | €0 | -€99 | -100.0% |
| Recurring financial income | 75 | €99 | €0 | -€99 | -100.0% |
| Financial charges | 65/66B | €35,306 | €57,231 | +€21,926 | +62.1% |
| Recurring financial charges | 65 | €35,306 | €57,231 | +€21,926 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | -€129,244 | -€52,256 | +€76,989 | +59.6% |
| Income taxes | 67/77 | €445 | €500 | +€55 | +12.3% |
| Profit (loss) for the period | 9904 | -€129,689 | -€52,756 | +€76,934 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€129,689 | -€52,756 | +€76,934 | +59.3% |
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 29 September 2026 via checked.be.