MMP 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.
MMP IMMO
Largest movements
- Tangible fixed assets +€19,299
up €19,299 (+20.7%), from €93,129 to €112,428
- Cash -€14,753
down €14,753 (-33.2%), from €44,456 to €29,703
mainly Investment in fixed assets (net) (-€20,217) and Other debts (-€14,939)
- Receivables within one year -€7,456
down €7,456 (-80.1%), from €9,305 to €1,848
of which Trade receivables: -€7,430
- Other debts -€14,939
down €14,939 (-9.3%), from €159,836 to €144,897
- Profit (loss) carried forward +€9,035
up €9,035 (+28.4%), from -€31,849 to -€22,815
- Trade debts +€3,255
up €3,255 (+25507.6%), from €13 to €3,268
- Gross operating margin -€10,278
down €10,278 (-49.9%), from €20,580 to €10,301
- Other operating charges +€524
new in 2025: €524
- Depreciation +€407
up €407 (+79.6%), from €511 to €918
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 | €146,890 | €143,980 | -€2,910 | -2.0% |
| Fixed assets | 21/28 | €93,129 | €112,428 | +€19,299 | +20.7% |
| Tangible fixed assets | 22/27 | €93,129 | €112,428 | +€19,299 | +20.7% |
| Land and buildings | 22 | €93,129 | €112,428 | +€19,299 | +20.7% |
| Current assets | 29/58 | €53,761 | €31,552 | -€22,209 | -41.3% |
| Amounts receivable within one year | 40/41 | €9,305 | €1,848 | -€7,456 | -80.1% |
| Trade receivables | 40 | €9,180 | €1,750 | -€7,430 | -80.9% |
| Other amounts receivable | 41 | €125 | €99 | -€26 | -20.8% |
| Cash at bank and in hand | 54/58 | €44,456 | €29,703 | -€14,753 | -33.2% |
| Total equity and liabilities | 10/49 | €146,890 | €143,980 | -€2,910 | -2.0% |
| Equity | 10/15 | -€13,249 | -€4,215 | +€9,035 | +68.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,849 | -€22,815 | +€9,035 | +28.4% |
| Amounts payable | 17/49 | €160,139 | €148,195 | -€11,944 | -7.5% |
| Amounts payable within one year | 42/48 | €160,139 | €148,195 | -€11,944 | -7.5% |
| Trade debts | 44 | €13 | €3,268 | +€3,255 | +25507.6% |
| Suppliers | 440/4 | €13 | €3,268 | +€3,255 | +25507.6% |
| Taxes, remuneration and social security | 45 | €291 | €31 | -€260 | -89.5% |
| Taxes | 450/3 | €291 | €31 | -€260 | -89.5% |
| Other amounts payable | 47/48 | €159,836 | €144,897 | -€14,939 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €511 | €918 | +€407 | +79.6% |
| Other operating charges | 640/8 | - | €524 | +€524 | |
| Gross operating margin | 9900 | €20,580 | €10,301 | -€10,278 | -49.9% |
| Operating profit (loss) | 9901 | €20,069 | €8,860 | -€11,209 | -55.9% |
| Financial income | 75/76B | €426 | €329 | -€97 | -22.7% |
| Recurring financial income | 75 | €426 | €329 | -€97 | -22.7% |
| Financial charges | 65/66B | €138 | €154 | +€16 | +11.8% |
| Recurring financial charges | 65 | €138 | €154 | +€16 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €20,357 | €9,035 | -€11,322 | -55.6% |
| Profit (loss) for the period | 9904 | €20,357 | €9,035 | -€11,322 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,357 | €9,035 | -€11,322 | -55.6% |
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 11 October 2026 via checked.be.