MX IMMO: what changed
Two financial 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.
MX IMMO
Largest movements
- Tangible fixed assets -€22,147
down €22,147 (-3.0%), from €740,103 to €717,956
- Cash -€10,365
down €10,365 (-56.2%), from €18,433 to €8,068
mainly Debts after one year (-€53,662) and Other debts (-€41,703)
- Debts after one year -€53,662
down €53,662 (-21.0%), from €255,310 to €201,648
- Other debts -€41,703
down €41,703 (-50.0%), from €83,407 to €41,703
- Reserves +€40,482
up €40,482 (+14.3%), from €283,658 to €324,140
- Accrued charges and deferred income +€19,835
new in 2025: €19,835
- Gross operating margin -€5,897
down €5,897 (-5.2%), from €113,302 to €107,405
- Taxes -€5,079
down €5,079 (-27.3%), from €18,573 to €13,494
- Financial charges -€1,765
down €1,765 (-10.0%), from €17,661 to €15,897
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.
Derived cash bridge
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 | €771,442 | €732,530 | -€38,912 | -5.0% |
| Fixed assets | 21/28 | €740,103 | €717,956 | -€22,147 | -3.0% |
| Tangible fixed assets | 22/27 | €740,103 | €717,956 | -€22,147 | -3.0% |
| Land and buildings | 22 | €740,103 | €717,956 | -€22,147 | -3.0% |
| Current assets | 29/58 | €31,338 | €14,574 | -€16,764 | -53.5% |
| Amounts receivable within one year | 40/41 | €5,405 | €6,506 | +€1,101 | +20.4% |
| Other amounts receivable | 41 | €5,405 | €6,506 | +€1,101 | +20.4% |
| Cash at bank and in hand | 54/58 | €18,433 | €8,068 | -€10,365 | -56.2% |
| Deferred charges and accrued income | 490/1 | €7,500 | €0 | -€7,500 | -100% |
| Total equity and liabilities | 10/49 | €771,442 | €732,530 | -€38,912 | -5.0% |
| Equity | 10/15 | €362,158 | €402,640 | +€40,482 | +11.2% |
| Contributions | 10/11 | €78,500 | €78,500 | = | 0.0% |
| Reserves | 13 | €283,658 | €324,140 | +€40,482 | +14.3% |
| Distributable reserves | 133 | €283,658 | €324,140 | +€40,482 | +14.3% |
| Amounts payable | 17/49 | €409,284 | €329,890 | -€79,394 | -19.4% |
| Amounts payable after more than one year | 17 | €255,310 | €201,648 | -€53,662 | -21.0% |
| Financial debts | 170/4 | €255,310 | €201,648 | -€53,662 | -21.0% |
| Amounts payable within one year | 42/48 | €153,974 | €108,407 | -€45,567 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €52,512 | €53,662 | +€1,150 | +2.2% |
| Financial debts | 43 | €11,772 | €11,750 | -€22 | -0.2% |
| Credit institutions | 430/8 | €11,772 | €11,750 | -€22 | -0.2% |
| Trade debts | 44 | €535 | €376 | -€158 | -29.6% |
| Suppliers | 440/4 | €535 | €376 | -€158 | -29.6% |
| Taxes, remuneration and social security | 45 | €5,748 | €915 | -€4,833 | -84.1% |
| Taxes | 450/3 | €5,748 | €915 | -€4,833 | -84.1% |
| Other amounts payable | 47/48 | €83,407 | €41,703 | -€41,703 | -50.0% |
| Accrued charges and deferred income | 492/3 | - | €19,835 | +€19,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,342 | €22,147 | -€195 | -0.9% |
| Other operating charges | 640/8 | €14,941 | €15,385 | +€444 | +3.0% |
| Gross operating margin | 9900 | €113,302 | €107,405 | -€5,897 | -5.2% |
| Operating profit (loss) | 9901 | €76,019 | €69,873 | -€6,146 | -8.1% |
| Financial charges | 65/66B | €17,661 | €15,897 | -€1,765 | -10.0% |
| Recurring financial charges | 65 | €17,661 | €15,897 | -€1,765 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €58,357 | €53,976 | -€4,381 | -7.5% |
| Income taxes | 67/77 | €18,573 | €13,494 | -€5,079 | -27.3% |
| Profit (loss) for the period | 9904 | €39,784 | €40,482 | +€698 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,784 | €40,482 | +€698 | +1.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.