MI 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.
MI Immo
Largest movements
- Tangible fixed assets -€26,339
down €26,339 (-5.9%), from €448,617 to €422,278
- Cash +€14,626
up €14,626 (+49.1%), from €29,776 to €44,401
mainly Depreciation (+€26,339) and Net result for the year (+€13,822)
- Debts after one year -€31,449
down €31,449 (-7.5%), from €421,184 to €389,735
of which Financial debts: -€31,449
- Profit (loss) carried forward +€8,297
up €8,297, from -€8,297 to €0
- Other debts +€5,534
up €5,534 (+270.6%), from €2,045 to €7,579
- Reserves +€5,525
up €5,525 (+18.6%), from €29,784 to €35,309
- Gross operating margin +€18,138
up €18,138 (+50.7%), from €35,766 to €53,905
- Financial charges -€4,265
down €4,265 (-36.2%), from €11,789 to €7,524
- Taxes +€2,578
up €2,578 (+25784200.0%), from €0 to €2,578
- Other operating charges -€1,509
down €1,509 (-29.3%), from €5,149 to €3,641
- Depreciation -€785
down €785 (-2.9%), from €27,125 to €26,339
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 | €485,506 | €470,351 | -€15,155 | -3.1% |
| Fixed assets | 21/28 | €448,617 | €422,278 | -€26,339 | -5.9% |
| Tangible fixed assets | 22/27 | €448,617 | €422,278 | -€26,339 | -5.9% |
| Land and buildings | 22 | €448,617 | €422,278 | -€26,339 | -5.9% |
| Current assets | 29/58 | €36,890 | €48,073 | +€11,184 | +30.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €5,889 | €2,422 | -€3,468 | -58.9% |
| Trade receivables | 40 | €5,000 | €0 | -€5,000 | -100.0% |
| Other amounts receivable | 41 | €889 | €2,422 | +€1,532 | +172.3% |
| Cash at bank and in hand | 54/58 | €29,776 | €44,401 | +€14,626 | +49.1% |
| Deferred charges and accrued income | 490/1 | €1,225 | €1,251 | +€26 | +2.1% |
| Total equity and liabilities | 10/49 | €485,506 | €470,351 | -€15,155 | -3.1% |
| Equity | 10/15 | €23,487 | €37,309 | +€13,822 | +58.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €29,784 | €35,309 | +€5,525 | +18.6% |
| Distributable reserves | 133 | €29,784 | €35,309 | +€5,525 | +18.6% |
| Profit (loss) carried forward | 14 | -€8,297 | €0 | +€8,297 | |
| Amounts payable | 17/49 | €462,019 | €433,042 | -€28,978 | -6.3% |
| Amounts payable after more than one year | 17 | €421,184 | €389,735 | -€31,449 | -7.5% |
| Financial debts | 170/4 | €301,434 | €269,985 | -€31,449 | -10.4% |
| Other amounts payable | 178/9 | €119,750 | €119,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,107 | €40,757 | +€6,650 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €30,978 | €31,449 | +€471 | +1.5% |
| Trade debts | 44 | €1,084 | €1,728 | +€644 | +59.5% |
| Suppliers | 440/4 | €1,084 | €1,728 | +€644 | +59.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,045 | €7,579 | +€5,534 | +270.6% |
| Accrued charges and deferred income | 492/3 | €6,729 | €2,550 | -€4,178 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,125 | €26,339 | -€785 | -2.9% |
| Other operating charges | 640/8 | €5,149 | €3,641 | -€1,509 | -29.3% |
| Gross operating margin | 9900 | €35,766 | €53,905 | +€18,138 | +50.7% |
| Operating profit (loss) | 9901 | €3,492 | €23,925 | +€20,433 | +585.1% |
| Financial charges | 65/66B | €11,789 | €7,524 | -€4,265 | -36.2% |
| Recurring financial charges | 65 | €11,789 | €7,524 | -€4,265 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,297 | €16,401 | +€24,698 | |
| Income taxes | 67/77 | €0 | €2,578 | +€2,578 | +25784200.0% |
| Profit (loss) for the period | 9904 | -€8,297 | €13,822 | +€22,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,297 | €13,822 | +€22,119 |
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 2 October 2026 via checked.be.