MFM 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.
MFM IMMO
Largest movements
- Tangible fixed assets -€9,369
down €9,369 (-13.1%), from €71,527 to €62,159
- Cash +€7,094
up €7,094 (+51.0%), from €13,900 to €20,994
mainly Debts after one year (+€15,000) and Depreciation (+€9,369)
- Profit (loss) carried forward -€16,083
down €16,083 (-39.4%), from -€40,818 to -€56,900
- Debts after one year +€15,000
up €15,000 (+75.0%), from €20,000 to €35,000
- Tax, wage and social debts -€1,157
down €1,157 (-38.8%), from €2,979 to €1,822
- Gross operating margin -€781
down €781 (-90.5%), from -€864 to -€1,645
- Other operating charges +€241
up €241 (+5.4%), from €4,487 to €4,728
- Financial charges +€113
up €113 (+49.7%), from €228 to €341
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 | €92,928 | €90,653 | -€2,274 | -2.4% |
| Fixed assets | 21/28 | €71,527 | €62,159 | -€9,369 | -13.1% |
| Tangible fixed assets | 22/27 | €71,527 | €62,159 | -€9,369 | -13.1% |
| Land and buildings | 22 | €71,527 | €62,159 | -€9,369 | -13.1% |
| Current assets | 29/58 | €21,400 | €28,494 | +€7,094 | +33.1% |
| Amounts receivable within one year | 40/41 | €7,500 | €7,500 | = | 0.0% |
| Trade receivables | 40 | €7,500 | €7,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,900 | €20,994 | +€7,094 | +51.0% |
| Total equity and liabilities | 10/49 | €92,928 | €90,653 | -€2,274 | -2.4% |
| Equity | 10/15 | -€37,818 | -€53,900 | -€16,083 | -42.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,818 | -€56,900 | -€16,083 | -39.4% |
| Amounts payable | 17/49 | €130,745 | €144,554 | +€13,808 | +10.6% |
| Amounts payable after more than one year | 17 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Financial debts | 170/4 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Amounts payable within one year | 42/48 | €110,745 | €109,554 | -€1,192 | -1.1% |
| Taxes, remuneration and social security | 45 | €2,979 | €1,822 | -€1,157 | -38.8% |
| Taxes | 450/3 | €2,979 | €1,822 | -€1,157 | -38.8% |
| Other amounts payable | 47/48 | €107,766 | €107,731 | -€35 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,369 | €9,369 | = | 0.0% |
| Other operating charges | 640/8 | €4,487 | €4,728 | +€241 | +5.4% |
| Gross operating margin | 9900 | -€864 | -€1,645 | -€781 | -90.5% |
| Operating profit (loss) | 9901 | -€14,719 | -€15,742 | -€1,022 | -6.9% |
| Financial charges | 65/66B | €228 | €341 | +€113 | +49.7% |
| Recurring financial charges | 65 | €228 | €341 | +€113 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,947 | -€16,083 | -€1,135 | -7.6% |
| Profit (loss) for the period | 9904 | -€14,947 | -€16,083 | -€1,135 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,947 | -€16,083 | -€1,135 | -7.6% |
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 4 October 2026 via checked.be.