MIMMO: 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
MIMMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€31,479
2024 · €181,583-€213,061
Equity
€16.4m
2024 · €16.4m-€31,479
Cash
€461,927
2024 · €227,591+€234,336
Balance sheet total
€92.7m
2024 · €77.0m+€15.8m
Largest movements
Assets
- Tangible fixed assets +€15.6m
up €15.6m (+20.7%), from €75.1m to €90.7m
of which Land and buildings: +€17.8m
Equity and liabilities
- Short-term financial debts +€10.2m
up €10.2m (+51.8%), from €19.6m to €29.8m
- Other debts +€3.8m
up €3.8m (+32.2%), from €11.7m to €15.5m
- Trade debts +€1.7m
up €1.7m (+84.5%), from €2.1m to €3.8m
Income statement
- Gross operating margin +€1.2m
up €1.2m (+70.6%), from €1.6m to €2.8m
- Depreciation +€772,593
up €772,593 (+78.1%), from €989,014 to €1.8m
- Financial charges +€584,733
up €584,733 (+211%), from €277,517 to €862,249
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
€181,583
Gross operating margin
+€1.2m
Staff costs
-€2,395
Depreciation
-€772,593
Other operating charges
-€9,433
Other operating items
+€1,183
Financial income
-€4,002
Financial charges
-€584,733
Result 2025
-€31,479
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€7.1m
Investment
-€17.2m
Financing
+€10.3m
Cash 2024
€227,591
From operations (derived)
+€7.1m
Net result for the year
-€31,479
Depreciation
+€1.8m
Receivables within one year
-€214,554
Deferred charges and accrued income
+€93,253
Trade debts
+€1.7m
Smaller working-capital items
-€18,513
Other debts
+€3.8m
Investment (derived)
-€17.2m
Investment in fixed assets (net)
-€17.2m
Financing
+€10.3m
Debts after one year
-€12,447
Current portion of long-term debt
+€149,266
Short-term financial debts
+€10.2m
Cash 2025
€461,927
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,972,129 | €92,744,160 | +€15.8m | +20.5% |
| Fixed assets | 21/28 | €76,228,571 | €91,644,966 | +€15.4m | +20.2% |
| Intangible fixed assets | 21 | €1,107,371 | €968,950 | -€138,421 | -12.5% |
| Tangible fixed assets | 22/27 | €75,120,950 | €90,675,766 | +€15.6m | +20.7% |
| Land and buildings | 22 | €30,667,674 | €48,514,706 | +€17.8m | +58.2% |
| Plant, machinery and equipment | 23 | €21,959 | €17,511 | -€4,448 | -20.3% |
| Furniture and vehicles | 24 | €73,339 | €72,104 | -€1,235 | -1.7% |
| Other tangible fixed assets | 26 | €244,941 | €240,552 | -€4,389 | -1.8% |
| Assets under construction and advance payments | 27 | €44,113,039 | €41,830,894 | -€2.3m | -5.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €743,558 | €1,099,194 | +€355,636 | +47.8% |
| Amounts receivable within one year | 40/41 | €266,983 | €481,537 | +€214,554 | +80.4% |
| Trade receivables | 40 | €116,068 | €116,712 | +€644 | +0.6% |
| Other amounts receivable | 41 | €150,915 | €364,825 | +€213,910 | +142% |
| Cash at bank and in hand | 54/58 | €227,591 | €461,927 | +€234,336 | +103% |
| Deferred charges and accrued income | 490/1 | €248,984 | €155,731 | -€93,253 | -37.5% |
| Total equity and liabilities | 10/49 | €76,972,129 | €92,744,160 | +€15.8m | +20.5% |
| Equity | 10/15 | €16,435,968 | €16,404,489 | -€31,479 | -0.2% |
| Contributions | 10/11 | €10,673,306 | €10,673,306 | = | 0.0% |
| Capital | 10 | €10,673,306 | €10,673,306 | = | 0.0% |
| Issued capital | 100 | €10,673,306 | €10,673,306 | = | 0.0% |
| Contributions outside capital | 11 | €0 | - | = | |
| Share premium | 1100/10 | €0 | - | = | |
| Revaluation surpluses | 12 | €3,141,806 | €3,141,806 | = | 0.0% |
| Reserves | 13 | €766,207 | €766,207 | = | 0.0% |
| Non-distributable reserves | 130/1 | €58,472 | €58,472 | = | 0.0% |
| Legal reserve | 130 | €58,472 | €58,472 | = | 0.0% |
| Tax-exempt reserves | 132 | €707,735 | €707,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,854,648 | €1,823,170 | -€31,479 | -1.7% |
| Provisions and deferred taxes | 16 | €235,912 | €235,912 | = | 0.0% |
| Deferred taxes | 168 | €235,912 | €235,912 | = | 0.0% |
| Amounts payable | 17/49 | €60,300,250 | €76,103,760 | +€15.8m | +26.2% |
| Amounts payable after more than one year | 17 | €25,088,261 | €25,075,814 | -€12,447 | 0.0% |
| Financial debts | 170/4 | €25,088,261 | €25,075,814 | -€12,447 | 0.0% |
| Amounts payable within one year | 42/48 | €35,192,789 | €51,027,946 | +€15.8m | +45.0% |
| Current portion of amounts payable after more than one year | 42 | €1,803,004 | €1,952,270 | +€149,266 | +8.3% |
| Financial debts | 43 | €19,611,872 | €29,780,223 | +€10.2m | +51.8% |
| Credit institutions | 430/8 | €19,611,872 | €29,780,223 | +€10.2m | +51.8% |
| Trade debts | 44 | €2,065,420 | €3,811,672 | +€1.7m | +84.5% |
| Suppliers | 440/4 | €2,065,420 | €3,811,672 | +€1.7m | +84.5% |
| Taxes, remuneration and social security | 45 | €935 | €1,622 | +€687 | +73.5% |
| Remuneration and social security | 454/9 | €935 | €1,622 | +€687 | +73.5% |
| Other amounts payable | 47/48 | €11,711,559 | €15,482,159 | +€3.8m | +32.2% |
| Accrued charges and deferred income | 492/3 | €19,200 | €0 | -€19,200 | -100% |
| Non-recurring operating income | 76A | - | €23,789 | +€23,789 | |
| Remuneration, social security and pensions | 62 | €25,115 | €27,511 | +€2,395 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €989,014 | €1,761,607 | +€772,593 | +78.1% |
| Other operating charges | 640/8 | €170,104 | €179,537 | +€9,433 | +5.5% |
| Non-recurring operating charges | 66A | €1,183 | €0 | -€1,183 | -100% |
| Gross operating margin | 9900 | €1,640,513 | €2,799,426 | +€1.2m | +70.6% |
| Operating profit (loss) | 9901 | €455,097 | €830,771 | +€375,674 | +82.5% |
| Financial income | 75/76B | €4,002 | €0 | -€4,002 | -100% |
| Recurring financial income | 75 | €4,002 | €0 | -€4,002 | -100% |
| Financial charges | 65/66B | €277,517 | €862,249 | +€584,733 | +211% |
| Recurring financial charges | 65 | €277,517 | €862,249 | +€584,733 | +211% |
| Profit (loss) for the period before taxes | 9903 | €181,583 | -€31,479 | -€213,061 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €181,583 | -€31,479 | -€213,061 | |
| Profit (loss) for the period to be appropriated | 9905 | €181,583 | -€31,479 | -€213,061 |
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 28 October 2026 via checked.be.