MTA IMMO: 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.
MTA IMMO
Largest movements
- Receivables within one year +€120,038
up €120,038 (+2377.0%), from €5,050 to €125,088
of which Other amounts receivable: +€124,737
- Tangible fixed assets +€100,984
up €100,984 (+30.3%), from €333,170 to €434,154
of which Land and buildings: +€95,011
- Cash -€11,519
down €11,519 (-23.8%), from €48,307 to €36,788
- Debts after one year +€110,502
up €110,502 (+48.8%), from €226,671 to €337,173
- Reserves +€83,160
up €83,160 (+94.5%), from €87,961 to €171,121
of which Tax-exempt reserves: +€83,160
- Provisions +€27,320
up €27,320 (+77.8%), from €35,110 to €62,430
- Profit (loss) carried forward -€9,067
down €9,067, from €5,855 to -€3,212
- Gross operating margin -€30,101
down €30,101 (-18.5%), from €162,904 to €132,803
- Depreciation +€17,746
up €17,746 (+106.8%), from €16,616 to €34,361
- Turnover -€6,419
down €6,419 (-11.6%), from €55,517 to €49,098
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €386,584 | €596,086 | +€209,502 | +54.2% |
| Fixed assets | 21/28 | €333,227 | €434,211 | +€100,984 | +30.3% |
| Tangible fixed assets | 22/27 | €333,170 | €434,154 | +€100,984 | +30.3% |
| Land and buildings | 22 | €325,552 | €420,562 | +€95,011 | +29.2% |
| Plant, machinery and equipment | 23 | €7,619 | €13,592 | +€5,973 | +78.4% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €53,357 | €161,875 | +€108,519 | +203.4% |
| Amounts receivable within one year | 40/41 | €5,050 | €125,088 | +€120,038 | +2377.0% |
| Trade receivables | 40 | €5,050 | €350 | -€4,700 | -93.1% |
| Other amounts receivable | 41 | - | €124,737 | +€124,737 | |
| Cash at bank and in hand | 54/58 | €48,307 | €36,788 | -€11,519 | -23.8% |
| Total equity and liabilities | 10/49 | €386,584 | €596,086 | +€209,502 | +54.2% |
| Equity | 10/15 | €112,408 | €186,501 | +€74,093 | +65.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €87,961 | €171,121 | +€83,160 | +94.5% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Other | 1319 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €86,102 | €169,262 | +€83,160 | +96.6% |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €5,855 | -€3,212 | -€9,067 | |
| Provisions and deferred taxes | 16 | €35,110 | €62,430 | +€27,320 | +77.8% |
| Deferred taxes | 168 | €35,110 | €62,430 | +€27,320 | +77.8% |
| Amounts payable | 17/49 | €239,066 | €347,155 | +€108,090 | +45.2% |
| Amounts payable after more than one year | 17 | €226,671 | €337,173 | +€110,502 | +48.8% |
| Financial debts | 170/4 | €226,671 | €337,173 | +€110,502 | +48.8% |
| Amounts payable within one year | 42/48 | €12,395 | €9,982 | -€2,413 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €9,689 | €4,660 | -€5,028 | -51.9% |
| Taxes, remuneration and social security | 45 | €492 | €5,322 | +€4,830 | +982.0% |
| Taxes | 450/3 | €492 | €5,322 | +€4,830 | +982.0% |
| Other amounts payable | 47/48 | €2,214 | - | -€2,214 | |
| Turnover | 70 | €55,517 | €49,098 | -€6,419 | -11.6% |
| Non-recurring operating income | 76A | €125,000 | €102,500 | -€22,500 | -18.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,613 | €18,795 | +€1,182 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,616 | €34,361 | +€17,746 | +106.8% |
| Other operating charges | 640/8 | €2,867 | €2,390 | -€477 | -16.6% |
| Gross operating margin | 9900 | €162,904 | €132,803 | -€30,101 | -18.5% |
| Operating profit (loss) | 9901 | €143,421 | €96,052 | -€47,369 | -33.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,749 | €6,183 | -€1,567 | -20.2% |
| Recurring financial charges | 65 | €7,749 | €6,183 | -€1,567 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €135,672 | €89,869 | -€45,803 | -33.8% |
| Transfer from deferred taxes | 780 | €1,097 | €2,833 | +€1,736 | +158.2% |
| Transfer to deferred taxes | 680 | €36,207 | €31,250 | -€4,957 | -13.7% |
| Profit (loss) for the period | 9904 | €100,561 | €61,452 | -€39,109 | -38.9% |
| Transfer from tax-exempt reserves | 789 | €2,691 | €7,899 | +€5,208 | +193.6% |
| Transfer to tax-exempt reserves | 689 | €88,793 | €93,750 | +€4,957 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,460 | -€24,399 | -€38,858 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.