MonBelImmo: what changed
Two fiscal 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.
MonBelImmo
Largest movements
- Tangible fixed assets +€141,133
up €141,133 (+19.5%), from €725,298 to €866,431
of which Land and buildings: +€260,854
- Receivables within one year +€85,591
up €85,591 (+1369.6%), from €6,249 to €91,841
of which Trade receivables: +€84,186
- Other debts +€170,704
up €170,704 (+25.6%), from €667,378 to €838,082
- Trade debts +€71,132
up €71,132 (+2009.3%), from €3,540 to €74,672
- Debts after one year -€12,004
down €12,004 (-17.9%), from €67,093 to €55,089
- Depreciation +€7,083
up €7,083 (+48.7%), from €14,543 to €21,625
- Gross operating margin -€4,312
down €4,312 (-13.8%), from €31,288 to €26,976
- Financial charges +€3,789
up €3,789 (+240.2%), from €1,578 to €5,367
- Taxes -€1,100
no longer reported in 2025 (was €1,100)
- Other operating charges +€768
up €768 (+36.4%), from €2,112 to €2,880
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 | €760,207 | €986,463 | +€226,256 | +29.8% |
| Formation expenses | 20 | €229 | €18 | -€212 | -92.3% |
| Fixed assets | 21/28 | €725,441 | €866,431 | +€140,990 | +19.4% |
| Tangible fixed assets | 22/27 | €725,298 | €866,431 | +€141,133 | +19.5% |
| Land and buildings | 22 | €455,121 | €715,974 | +€260,854 | +57.3% |
| Assets under construction and advance payments | 27 | €270,177 | €150,457 | -€119,720 | -44.3% |
| Financial fixed assets | 28 | €143 | - | -€143 | |
| Current assets | 29/58 | €34,537 | €120,014 | +€85,477 | +247.5% |
| Amounts receivable within one year | 40/41 | €6,249 | €91,841 | +€85,591 | +1369.6% |
| Trade receivables | 40 | €6,249 | €90,435 | +€84,186 | +1347.1% |
| Other amounts receivable | 41 | - | €1,406 | +€1,406 | |
| Cash at bank and in hand | 54/58 | €28,287 | €28,173 | -€114 | -0.4% |
| Total equity and liabilities | 10/49 | €760,207 | €986,463 | +€226,256 | +29.8% |
| Equity | 10/15 | €5,496 | €2,289 | -€3,208 | -58.4% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Capital | 10 | €2,400 | €2,400 | = | 0.0% |
| Issued capital | 100 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €240 | €240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €240 | €240 | = | 0.0% |
| Legal reserve | 130 | €240 | €240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,856 | -€351 | -€3,208 | |
| Amounts payable | 17/49 | €754,711 | €984,174 | +€229,463 | +30.4% |
| Amounts payable after more than one year | 17 | €67,093 | €55,089 | -€12,004 | -17.9% |
| Financial debts | 170/4 | €67,093 | €55,089 | -€12,004 | -17.9% |
| Amounts payable within one year | 42/48 | €684,391 | €925,859 | +€241,468 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €11,836 | €12,004 | +€168 | +1.4% |
| Trade debts | 44 | €3,540 | €74,672 | +€71,132 | +2009.3% |
| Suppliers | 440/4 | €3,540 | €74,672 | +€71,132 | +2009.3% |
| Taxes, remuneration and social security | 45 | €1,637 | €1,100 | -€537 | -32.8% |
| Taxes | 450/3 | €1,637 | €1,100 | -€537 | -32.8% |
| Other amounts payable | 47/48 | €667,378 | €838,082 | +€170,704 | +25.6% |
| Accrued charges and deferred income | 492/3 | €3,227 | €3,227 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,543 | €21,625 | +€7,083 | +48.7% |
| Other operating charges | 640/8 | €2,112 | €2,880 | +€768 | +36.4% |
| Non-recurring operating charges | 66A | €220 | €312 | +€91 | +41.6% |
| Gross operating margin | 9900 | €31,288 | €26,976 | -€4,312 | -13.8% |
| Operating profit (loss) | 9901 | €14,414 | €2,160 | -€12,254 | -85.0% |
| Financial charges | 65/66B | €1,578 | €5,367 | +€3,789 | +240.2% |
| Recurring financial charges | 65 | €1,578 | €5,367 | +€3,789 | +240.2% |
| Profit (loss) for the period before taxes | 9903 | €12,836 | -€3,208 | -€16,044 | |
| Income taxes | 67/77 | €1,100 | - | -€1,100 | |
| Profit (loss) for the period | 9904 | €11,736 | -€3,208 | -€14,944 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,736 | -€3,208 | -€14,944 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.