Skip to content

MURI - 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.

What changed

MURI - IMMO

BE 0448.639.153
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,154
2024 · €2,219-€6,372
Equity
€227,629
2024 · €231,782-€4,154
Cash
€15,850
2024 · €20,084-€4,234
Balance sheet total
€232,439
2024 · €245,024-€12,585

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€12,201

    down €12,201 (-7.2%), from €169,904 to €157,704

  • Cash -€4,234

    down €4,234 (-21.1%), from €20,084 to €15,850

    mainly Other debts (-€8,682) and Net result for the year (-€4,154)

  • Receivables within one year +€3,561

    up €3,561 (+6.8%), from €52,579 to €56,139

    of which Trade receivables: +€3,550

Equity and liabilities
  • Other debts -€8,682

    down €8,682 (-65.6%), from €13,242 to €4,560

  • Profit (loss) carried forward -€4,154

    down €4,154 (-5.5%), from -€76,171 to -€80,325

Income statement
  • Gross operating margin -€6,679

    down €6,679 (-36.1%), from €18,509 to €11,830

  • Purchases and services +€6,679

    up €6,679 (+84.6%), from €7,891 to €14,570

  • Other operating charges -€685

    down €685 (-16.2%), from €4,234 to €3,549

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,219
Gross operating margin -€6,679
Other operating charges +€685
Other operating items -€454
Financial income +€97
Financial charges -€21
Result 2025 -€4,154

Cash bridge derived

cash 2024 to 2025

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.

From operations -€4,484
Investment €0
Financing +€250
Cash 2024 €20,084
Net result for the year -€4,154
Depreciation +€12,201
Receivables within one year -€3,561
Deferred charges and accrued income -€289
Other debts -€8,682
Short-term financial debts +€250
Cash 2025 €15,850
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €245,024 €232,439 -€12,585 -5.1%
Fixed assets 21/28 €169,904 €157,704 -€12,201 -7.2%
Tangible fixed assets 22/27 €169,904 €157,704 -€12,201 -7.2%
Land and buildings 22 €169,904 €157,704 -€12,201 -7.2%
Current assets 29/58 €75,120 €74,735 -€385 -0.5%
Amounts receivable within one year 40/41 €52,579 €56,139 +€3,561 +6.8%
Trade receivables 40 €13,637 €17,187 +€3,550 +26.0%
Other amounts receivable 41 €38,941 €38,952 +€11 0.0%
Cash at bank and in hand 54/58 €20,084 €15,850 -€4,234 -21.1%
Deferred charges and accrued income 490/1 €2,457 €2,746 +€289 +11.7%
Total equity and liabilities 10/49 €245,024 €232,439 -€12,585 -5.1%
Equity 10/15 €231,782 €227,629 -€4,154 -1.8%
Contributions 10/11 €220,665 €220,665 = 0.0%
Capital 10 €220,665 €220,665 = 0.0%
Issued capital 100 €223,144 €223,144 = 0.0%
Uncalled capital 101 €2,479 €2,479 = 0.0%
Revaluation surpluses 12 €80,000 €80,000 = 0.0%
Reserves 13 €7,288 €7,288 = 0.0%
Non-distributable reserves 130/1 €688 €688 = 0.0%
Legal reserve 130 €688 €688 = 0.0%
Distributable reserves 133 €6,600 €6,600 = 0.0%
Profit (loss) carried forward 14 -€76,171 -€80,325 -€4,154 -5.5%
Amounts payable 17/49 €13,242 €4,810 -€8,432 -63.7%
Amounts payable within one year 42/48 €13,242 €4,810 -€8,432 -63.7%
Financial debts 43 - €250 +€250
Credit institutions 430/8 - €250 +€250
Other amounts payable 47/48 €13,242 €4,560 -€8,682 -65.6%
Turnover 70 €26,400 €26,400 = 0.0%
Goods, raw materials, services and sundry goods 60/61 €7,891 €14,570 +€6,679 +84.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,201 €12,201 = 0.0%
Other operating charges 640/8 €4,234 €3,549 -€685 -16.2%
Non-recurring operating charges 66A - €454 +€454
Gross operating margin 9900 €18,509 €11,830 -€6,679 -36.1%
Operating profit (loss) 9901 €2,075 -€4,374 -€6,448
Financial income 75/76B €250 €347 +€97 +38.7%
Recurring financial income 75 €250 €347 +€97 +38.7%
Financial charges 65/66B €106 €127 +€21 +19.5%
Recurring financial charges 65 €106 €127 +€21 +19.5%
Profit (loss) for the period before taxes 9903 €2,219 -€4,154 -€6,372
Profit (loss) for the period 9904 €2,219 -€4,154 -€6,372
Profit (loss) for the period to be appropriated 9905 €2,219 -€4,154 -€6,372

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.