Mimmivan: 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
Mimmivan
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€71,143
2024 · €78,613-€7,470
Equity
€6.9m
2024 · €7.1m-€189,936
Cash
€211,009
2024 · €326,545-€115,536
Balance sheet total
€7.7m
2024 · €7.9m-€201,438
Largest movements
Assets
- Current investments -€399,090
down €399,090 (-80.7%), from €494,371 to €95,281
- Tangible fixed assets +€362,427
up €362,427 (+5.4%), from €6.7m to €7.0m
of which Land and buildings: +€361,201
- Cash -€115,536
down €115,536 (-35.4%), from €326,545 to €211,009
mainly Investment in fixed assets (net) (-€527,391) and Contributions, distributions and other (-€261,079)
Equity and liabilities
- Reserves -€317,541
down €317,541 (-19.6%), from €1.6m to €1.3m
of which Tax-exempt reserves: -€317,541
- Profit (loss) carried forward +€127,605
up €127,605 (+136.4%), from €93,526 to €221,131
Income statement
- Gross operating margin +€90,944
up €90,944 (+46.1%), from €197,245 to €288,189
- Depreciation +€83,819
up €83,819 (+103.3%), from €81,145 to €164,964
- Other operating charges +€38,746
up €38,746 (+203.1%), from €19,076 to €57,822
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
€78,613
Gross operating margin
+€90,944
Staff costs
-€331
Depreciation
-€83,819
Other operating charges
-€38,746
Financial income
-€2,713
Financial charges
-€101
Taxes
+€1,476
Deferred taxes and other
+€25,820
Result 2025
€71,143
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
+€273,844
Investment
-€128,301
Financing
-€261,079
Cash 2024
€326,545
From operations (derived)
+€273,844
Net result for the year
+€71,143
Depreciation
+€164,964
Receivables after one year
+€50,000
Smaller working-capital items
-€1,650
Provisions
-€18,821
Trade debts
+€12,449
Advances received
+€2,375
Other debts
-€6,616
Investment (derived)
-€128,301
Investment in fixed assets (net)
-€527,391
Current investments
+€399,090
Financing
-€261,079
Contributions, distributions and other
-€261,079
Cash 2025
€211,009
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,921,625 | €7,720,187 | -€201,438 | -2.5% |
| Fixed assets | 21/28 | €6,714,520 | €7,076,947 | +€362,427 | +5.4% |
| Tangible fixed assets | 22/27 | €6,684,020 | €7,046,447 | +€362,427 | +5.4% |
| Land and buildings | 22 | €6,639,000 | €7,000,201 | +€361,201 | +5.4% |
| Plant, machinery and equipment | 23 | €24,706 | €37,189 | +€12,483 | +50.5% |
| Furniture and vehicles | 24 | €20,314 | €9,057 | -€11,257 | -55.4% |
| Financial fixed assets | 28 | €30,500 | €30,500 | = | 0.0% |
| Current assets | 29/58 | €1,207,105 | €643,240 | -€563,865 | -46.7% |
| Amounts receivable after more than one year | 29 | €350,000 | €300,000 | -€50,000 | -14.3% |
| Other amounts receivable | 291 | €350,000 | €300,000 | -€50,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €34,240 | €34,507 | +€267 | +0.8% |
| Trade receivables | 40 | €8,192 | €8,018 | -€174 | -2.1% |
| Other amounts receivable | 41 | €26,048 | €26,489 | +€441 | +1.7% |
| Current investments | 50/53 | €494,371 | €95,281 | -€399,090 | -80.7% |
| Cash at bank and in hand | 54/58 | €326,545 | €211,009 | -€115,536 | -35.4% |
| Deferred charges and accrued income | 490/1 | €1,949 | €2,443 | +€494 | +25.3% |
| Total equity and liabilities | 10/49 | €7,921,625 | €7,720,187 | -€201,438 | -2.5% |
| Equity | 10/15 | €7,139,790 | €6,949,854 | -€189,936 | -2.7% |
| Contributions | 10/11 | €1,396,000 | €1,396,000 | = | 0.0% |
| Revaluation surpluses | 12 | €4,033,177 | €4,033,177 | = | 0.0% |
| Reserves | 13 | €1,617,087 | €1,299,546 | -€317,541 | -19.6% |
| Tax-exempt reserves | 132 | €1,477,487 | €1,159,946 | -€317,541 | -21.5% |
| Distributable reserves | 133 | €139,600 | €139,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,526 | €221,131 | +€127,605 | +136.4% |
| Provisions and deferred taxes | 16 | €439,035 | €420,214 | -€18,821 | -4.3% |
| Deferred taxes | 168 | €439,035 | €420,214 | -€18,821 | -4.3% |
| Amounts payable | 17/49 | €342,800 | €350,119 | +€7,319 | +2.1% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,800 | €100,119 | +€7,319 | +7.9% |
| Trade debts | 44 | €15,321 | €27,770 | +€12,449 | +81.3% |
| Suppliers | 440/4 | €15,321 | €27,770 | +€12,449 | +81.3% |
| Advances received on contracts in progress | 46 | - | €2,375 | +€2,375 | |
| Taxes, remuneration and social security | 45 | €8,078 | €7,189 | -€889 | -11.0% |
| Taxes | 450/3 | €3,888 | €2,797 | -€1,091 | -28.1% |
| Remuneration and social security | 454/9 | €4,190 | €4,392 | +€202 | +4.8% |
| Other amounts payable | 47/48 | €69,401 | €62,785 | -€6,616 | -9.5% |
| Non-recurring operating income | 76A | €201,110 | €261,079 | +€59,969 | +29.8% |
| Remuneration, social security and pensions | 62 | €13,684 | €14,015 | +€331 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,145 | €164,964 | +€83,819 | +103.3% |
| Other operating charges | 640/8 | €19,076 | €57,822 | +€38,746 | +203.1% |
| Gross operating margin | 9900 | €197,245 | €288,189 | +€90,944 | +46.1% |
| Operating profit (loss) | 9901 | €83,340 | €51,388 | -€31,952 | -38.3% |
| Financial income | 75/76B | €4,347 | €1,634 | -€2,713 | -62.4% |
| Recurring financial income | 75 | €4,347 | €1,634 | -€2,713 | -62.4% |
| Financial charges | 65/66B | €72 | €173 | +€101 | +140.3% |
| Recurring financial charges | 65 | €72 | €173 | +€101 | +140.3% |
| Profit (loss) for the period before taxes | 9903 | €87,615 | €52,849 | -€34,766 | -39.7% |
| Transfer from deferred taxes | 780 | €10,771 | €18,821 | +€8,050 | +74.7% |
| Transfer to deferred taxes | 680 | €17,770 | - | -€17,770 | |
| Income taxes | 67/77 | €2,003 | €527 | -€1,476 | -73.7% |
| Profit (loss) for the period | 9904 | €78,613 | €71,143 | -€7,470 | -9.5% |
| Transfer from tax-exempt reserves | 789 | €32,313 | €56,462 | +€24,149 | +74.7% |
| Transfer to tax-exempt reserves | 689 | €53,309 | - | -€53,309 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,617 | €127,605 | +€69,988 | +121.5% |
Source: filed annual accounts (NBB), financial years ended 29 December 2024 and 29 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.