MN INVEST IMMO: what changed
MN INVEST IMMO
Largest movements
- Cash -€75,646
down €75,646 (-96.9%), from €78,046 to €2,399
mainly Investment in fixed assets (net) (-€51,025) and Tax, wage and social debts (-€18,783)
- Tangible fixed assets +€47,489
up €47,489 (+626%), from €7,586 to €55,075
of which Land and buildings: +€50,388
- Deferred charges and accrued income +€3,305
up €3,305 (+346%), from €954 to €4,259
- Tax, wage and social debts -€18,783
down €18,783 (-89.1%), from €21,083 to €2,300
of which Taxes: -€18,783
- Profit (loss) carried forward -€8,742
down €8,742 (-23.2%), from €37,698 to €28,957
- Other debts +€2,723
up €2,723 (+4,341%), from €63 to €2,786
- Other operating charges +€2,113
up €2,113 (+334%), from €633 to €2,747
- Depreciation +€1,713
up €1,713 (+99.4%), from €1,723 to €3,436
- Gross operating margin -€1,564
down €1,564 (-4,025%), from -€39 to -€1,603
- Taxes -€846
no longer reported in 2025 (was €846)
- Financial charges -€229
down €229 (-19.4%), from €1,186 to €956
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,382 | €62,629 | -€24,752 | -28.3% |
| Fixed assets | 21/28 | €7,586 | €55,175 | +€47,589 | +627% |
| Tangible fixed assets | 22/27 | €7,586 | €55,075 | +€47,489 | +626% |
| Land and buildings | 22 | - | €50,388 | +€50,388 | |
| Plant, machinery and equipment | 23 | €7,586 | €4,687 | -€2,899 | -38.2% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €79,796 | €7,455 | -€72,341 | -90.7% |
| Amounts receivable within one year | 40/41 | €796 | €796 | = | 0.0% |
| Other amounts receivable | 41 | €796 | €796 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,046 | €2,399 | -€75,646 | -96.9% |
| Deferred charges and accrued income | 490/1 | €954 | €4,259 | +€3,305 | +346% |
| Total equity and liabilities | 10/49 | €87,382 | €62,629 | -€24,752 | -28.3% |
| Equity | 10/15 | €65,158 | €56,417 | -€8,742 | -13.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,060 | €15,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,060 | €15,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,060 | €15,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,698 | €28,957 | -€8,742 | -23.2% |
| Amounts payable | 17/49 | €22,223 | €6,213 | -€16,010 | -72.0% |
| Amounts payable within one year | 42/48 | €22,223 | €6,213 | -€16,010 | -72.0% |
| Trade debts | 44 | €1,078 | €1,127 | +€49 | +4.5% |
| Suppliers | 440/4 | €1,078 | €1,127 | +€49 | +4.5% |
| Taxes, remuneration and social security | 45 | €21,083 | €2,300 | -€18,783 | -89.1% |
| Taxes | 450/3 | €19,083 | €300 | -€18,783 | -98.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €63 | €2,786 | +€2,723 | +4,341% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,723 | €3,436 | +€1,713 | +99.4% |
| Other operating charges | 640/8 | €633 | €2,747 | +€2,113 | +334% |
| Gross operating margin | 9900 | -€39 | -€1,603 | -€1,564 | -4,025% |
| Operating profit (loss) | 9901 | -€2,395 | -€7,786 | -€5,390 | -225% |
| Financial charges | 65/66B | €1,186 | €956 | -€229 | -19.4% |
| Recurring financial charges | 65 | €1,186 | €956 | -€229 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,581 | -€8,742 | -€5,161 | -144% |
| Income taxes | 67/77 | €846 | - | -€846 | |
| Profit (loss) for the period | 9904 | -€4,427 | -€8,742 | -€4,314 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,427 | -€8,742 | -€4,314 | -97.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.