Skip to content

MIBA Immo: what changed

Two financial 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

MIBA Immo

BE 0799.603.959
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€6,098
2024 · -€50,801+€44,703
Equity
-€51,900
2024 · -€45,801-€6,098
Cash
€20,403
2024 · €21,760-€1,358
Balance sheet total
€542,407
2024 · €534,809+€7,598

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€8,689

    up €8,689 (+1.7%), from €513,049 to €521,738

    of which Land and buildings: +€5,704

Equity and liabilities
  • Debts after one year +€95,445

    up €95,445 (+22.7%), from €420,660 to €516,106

    of which Other amounts payable: +€110,700

  • Other debts -€79,638

    down €79,638 (-56.3%), from €141,407 to €61,769

  • Profit (loss) carried forward -€6,098

    down €6,098 (-12.0%), from -€50,801 to -€56,900

Income statement
  • Other operating charges -€34,139

    down €34,139 (-93.1%), from €36,675 to €2,536

  • Financial charges -€10,907

    down €10,907 (-35.5%), from €30,756 to €19,849

  • Depreciation +€369

    up €369 (+2.6%), from €13,999 to €14,368

From the 2024 result to the 2025 result

effect on the 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 -€50,801
Gross operating margin -€0
Depreciation -€369
Other operating charges +€34,139
Financial income +€25
Financial charges +€10,907
Result 2025 -€6,098
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 -€74,160
Investment -€23,323
Financing +€96,126
Cash 2024 €21,760
Net result for the year -€6,098
Depreciation +€14,368
Trade debts -€365
Tax, wage and social debts -€642
Other debts -€79,638
Accrued charges and deferred income -€1,785
Investment in fixed assets (net) -€23,323
Debts after one year +€95,445
Current portion of long-term debt +€681
Cash 2025 €20,403
brings cash intakes cash out
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €534,809 €542,407 +€7,598 +1.4%
Fixed assets 21/28 €513,049 €522,004 +€8,955 +1.7%
Tangible fixed assets 22/27 €513,049 €521,738 +€8,689 +1.7%
Land and buildings 22 €513,049 €518,753 +€5,704 +1.1%
Plant, machinery and equipment 23 - €2,985 +€2,985
Financial fixed assets 28 - €266 +€266
Current assets 29/58 €21,760 €20,403 -€1,358 -6.2%
Cash at bank and in hand 54/58 €21,760 €20,403 -€1,358 -6.2%
Total equity and liabilities 10/49 €534,809 €542,407 +€7,598 +1.4%
Equity 10/15 -€45,801 -€51,900 -€6,098 -13.3%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€50,801 -€56,900 -€6,098 -12.0%
Amounts payable 17/49 €580,610 €594,306 +€13,696 +2.4%
Amounts payable after more than one year 17 €420,660 €516,106 +€95,445 +22.7%
Financial debts 170/4 €420,660 €405,406 -€15,254 -3.6%
Other amounts payable 178/9 - €110,700 +€110,700
Amounts payable within one year 42/48 €158,165 €78,200 -€79,964 -50.6%
Current portion of amounts payable after more than one year 42 €14,574 €15,254 +€681 +4.7%
Trade debts 44 €547 €182 -€365 -66.8%
Suppliers 440/4 €547 €182 -€365 -66.8%
Taxes, remuneration and social security 45 €1,638 €996 -€642 -39.2%
Taxes 450/3 €1,638 €996 -€642 -39.2%
Other amounts payable 47/48 €141,407 €61,769 -€79,638 -56.3%
Accrued charges and deferred income 492/3 €1,785 - -€1,785
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,999 €14,368 +€369 +2.6%
Other operating charges 640/8 €36,675 €2,536 -€34,139 -93.1%
Gross operating margin 9900 €30,629 €30,629 -€0 0.0%
Operating profit (loss) 9901 -€20,045 €13,725 +€33,771
Financial income 75/76B - €25 +€25
Recurring financial income 75 - €25 +€25
Financial charges 65/66B €30,756 €19,849 -€10,907 -35.5%
Recurring financial charges 65 €30,756 €19,849 -€10,907 -35.5%
Profit (loss) for the period before taxes 9903 -€50,801 -€6,098 +€44,703 +88.0%
Profit (loss) for the period 9904 -€50,801 -€6,098 +€44,703 +88.0%
Profit (loss) for the period to be appropriated 9905 -€50,801 -€6,098 +€44,703 +88.0%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.