MVMC 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.
MVMC IMMO
Largest movements
- Cash -€12,450
down €12,450 (-31.5%), from €39,580 to €27,130
mainly Debts after one year (-€18,305) and Investment in fixed assets (net) (-€16,702)
- Debts after one year -€18,305
down €18,305 (-26.3%), from €69,582 to €51,277
- Profit (loss) carried forward +€7,746
up €7,746 (+67.7%), from €11,449 to €19,195
- Gross operating margin -€2,775
down €2,775 (-8.0%), from €34,593 to €31,818
- Taxes -€1,425
down €1,425 (-41.4%), from €3,444 to €2,020
- Depreciation +€638
up €638 (+4.2%), from €15,324 to €15,962
- Other operating charges +€552
up €552 (+12.3%), from €4,473 to €5,025
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 | €280,354 | €269,689 | -€10,665 | -3.8% |
| Fixed assets | 21/28 | €240,677 | €241,418 | +€741 | +0.3% |
| Tangible fixed assets | 22/27 | €240,677 | €241,418 | +€741 | +0.3% |
| Land and buildings | 22 | €240,677 | €241,418 | +€741 | +0.3% |
| Current assets | 29/58 | €39,676 | €28,271 | -€11,405 | -28.7% |
| Amounts receivable within one year | 40/41 | €96 | €1,141 | +€1,045 | +1089.8% |
| Trade receivables | 40 | - | €605 | +€605 | |
| Other amounts receivable | 41 | €96 | €536 | +€440 | +458.7% |
| Cash at bank and in hand | 54/58 | €39,580 | €27,130 | -€12,450 | -31.5% |
| Total equity and liabilities | 10/49 | €280,354 | €269,689 | -€10,665 | -3.8% |
| Equity | 10/15 | €191,449 | €199,195 | +€7,746 | +4.0% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,449 | €19,195 | +€7,746 | +67.7% |
| Amounts payable | 17/49 | €88,905 | €70,495 | -€18,410 | -20.7% |
| Amounts payable after more than one year | 17 | €69,582 | €51,277 | -€18,305 | -26.3% |
| Financial debts | 170/4 | €69,582 | €51,277 | -€18,305 | -26.3% |
| Amounts payable within one year | 42/48 | €19,323 | €19,218 | -€105 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €18,126 | €18,305 | +€179 | +1.0% |
| Trade debts | 44 | €384 | €175 | -€209 | -54.5% |
| Suppliers | 440/4 | €384 | €175 | -€209 | -54.5% |
| Taxes, remuneration and social security | 45 | €813 | €738 | -€75 | -9.2% |
| Taxes | 450/3 | €813 | €738 | -€75 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,324 | €15,962 | +€638 | +4.2% |
| Other operating charges | 640/8 | €4,473 | €5,025 | +€552 | +12.3% |
| Gross operating margin | 9900 | €34,593 | €31,818 | -€2,775 | -8.0% |
| Operating profit (loss) | 9901 | €14,797 | €10,832 | -€3,965 | -26.8% |
| Financial charges | 65/66B | €1,386 | €1,066 | -€320 | -23.1% |
| Recurring financial charges | 65 | €1,386 | €1,066 | -€320 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €13,411 | €9,766 | -€3,645 | -27.2% |
| Income taxes | 67/77 | €3,444 | €2,020 | -€1,425 | -41.4% |
| Profit (loss) for the period | 9904 | €9,966 | €7,746 | -€2,221 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,966 | €7,746 | -€2,221 | -22.3% |
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 3 October 2026 via checked.be.