MLP IMMOGROUP: 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.
MLP IMMOGROUP
Largest movements
- Cash +€21,344
up €21,344 (+154%), from €13,891 to €35,235
mainly Net result for the year (+€18,746) and Depreciation (+€9,869)
- Tangible fixed assets -€8,717
down €8,717 (-5.7%), from €152,643 to €143,926
of which Plant, machinery and equipment: -€9,566
- Receivables within one year -€6,605
down €6,605 (-34.8%), from €18,969 to €12,364
of which Other amounts receivable: -€6,605
- Deferred charges and accrued income -€2,361
down €2,361 (-32.8%), from €7,203 to €4,842
- Reserves +€12,746
up €12,746 (+23.5%), from €54,138 to €66,884
of which Distributable reserves: +€12,746
- Debts after one year -€10,691
down €10,691 (-31.7%), from €33,674 to €22,983
- Tax, wage and social debts +€4,707
up €4,707 (+66.8%), from €7,051 to €11,757
of which Taxes: +€4,707
- Other debts -€2,600
no longer reported in 2025 (was €2,600)
- Depreciation -€5,142
down €5,142 (-34.3%), from €15,012 to €9,869
- Taxes +€2,507
up €2,507 (+94.6%), from €2,651 to €5,157
- Gross operating margin +€1,978
up €1,978 (+5.6%), from €35,499 to €37,477
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,706 | €196,367 | +€3,661 | +1.9% |
| Fixed assets | 21/28 | €152,643 | €143,926 | -€8,717 | -5.7% |
| Tangible fixed assets | 22/27 | €152,643 | €143,926 | -€8,717 | -5.7% |
| Land and buildings | 22 | €55,450 | €55,450 | = | 0.0% |
| Plant, machinery and equipment | 23 | €97,193 | €87,627 | -€9,566 | -9.8% |
| Furniture and vehicles | 24 | €0 | €849 | +€849 | |
| Current assets | 29/58 | €40,063 | €52,442 | +€12,379 | +30.9% |
| Amounts receivable within one year | 40/41 | €18,969 | €12,364 | -€6,605 | -34.8% |
| Trade receivables | 40 | €9,323 | €9,323 | = | 0.0% |
| Other amounts receivable | 41 | €9,646 | €3,041 | -€6,605 | -68.5% |
| Cash at bank and in hand | 54/58 | €13,891 | €35,235 | +€21,344 | +154% |
| Deferred charges and accrued income | 490/1 | €7,203 | €4,842 | -€2,361 | -32.8% |
| Total equity and liabilities | 10/49 | €192,706 | €196,367 | +€3,661 | +1.9% |
| Equity | 10/15 | €137,272 | €150,018 | +€12,746 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,138 | €66,884 | +€12,746 | +23.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €54,138 | €66,884 | +€12,746 | +23.5% |
| Profit (loss) carried forward | 14 | €64,534 | €64,534 | = | 0.0% |
| Amounts payable | 17/49 | €55,434 | €46,350 | -€9,084 | -16.4% |
| Amounts payable after more than one year | 17 | €33,674 | €22,983 | -€10,691 | -31.7% |
| Financial debts | 170/4 | €33,674 | €22,983 | -€10,691 | -31.7% |
| Amounts payable within one year | 42/48 | €21,760 | €23,367 | +€1,607 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €10,477 | €10,691 | +€215 | +2.0% |
| Financial debts | 43 | €940 | - | -€940 | |
| Credit institutions | 430/8 | €940 | - | -€940 | |
| Trade debts | 44 | €693 | €918 | +€225 | +32.5% |
| Suppliers | 440/4 | €693 | €918 | +€225 | +32.5% |
| Taxes, remuneration and social security | 45 | €7,051 | €11,757 | +€4,707 | +66.8% |
| Taxes | 450/3 | €7,051 | €11,757 | +€4,707 | +66.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,600 | - | -€2,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,012 | €9,869 | -€5,142 | -34.3% |
| Other operating charges | 640/8 | €2,874 | €2,978 | +€104 | +3.6% |
| Gross operating margin | 9900 | €35,499 | €37,477 | +€1,978 | +5.6% |
| Operating profit (loss) | 9901 | €17,613 | €24,630 | +€7,017 | +39.8% |
| Financial income | 75/76B | €196 | €178 | -€18 | -9.2% |
| Recurring financial income | 75 | €196 | €178 | -€18 | -9.2% |
| Financial charges | 65/66B | €1,118 | €905 | -€213 | -19.1% |
| Recurring financial charges | 65 | €1,118 | €905 | -€213 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €16,691 | €23,903 | +€7,212 | +43.2% |
| Income taxes | 67/77 | €2,651 | €5,157 | +€2,507 | +94.6% |
| Profit (loss) for the period | 9904 | €14,041 | €18,746 | +€4,705 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,041 | €18,746 | +€4,705 | +33.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.