APPIMMO-L.B.M.: 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.
APPIMMO-L.B.M.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€833
up €833 (+92.7%), from -€899 to -€66
- Other operating charges -€384
down €384 (-66.5%), from €578 to €194
- Financial charges -€11
down €11 (-17.0%), from €66 to €55
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 | €87,319 | €87,198 | -€121 | -0.1% |
| Current assets | 29/58 | €87,319 | €87,198 | -€121 | -0.1% |
| Stocks and contracts in progress | 3 | €86,834 | €86,834 | = | 0.0% |
| Stocks | 30/36 | €86,834 | €86,834 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €172 | €174 | +€3 | +1.5% |
| Other amounts receivable | 41 | €172 | €174 | +€3 | +1.5% |
| Cash at bank and in hand | 54/58 | €313 | €190 | -€123 | -39.3% |
| Total equity and liabilities | 10/49 | €87,319 | €87,198 | -€121 | -0.1% |
| Equity | 10/15 | -€28,936 | -€29,250 | -€314 | -1.1% |
| Contributions | 10/11 | €9,400 | €9,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,336 | -€38,650 | -€314 | -0.8% |
| Amounts payable | 17/49 | €116,254 | €116,448 | +€194 | +0.2% |
| Amounts payable within one year | 42/48 | €116,254 | €116,448 | +€194 | +0.2% |
| Trade debts | 44 | €0 | €194 | +€194 | |
| Suppliers | 440/4 | €0 | €194 | +€194 | |
| Advances received on contracts in progress | 46 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 47/48 | €106,254 | €106,254 | = | 0.0% |
| Other operating charges | 640/8 | €578 | €194 | -€384 | -66.5% |
| Gross operating margin | 9900 | -€899 | -€66 | +€833 | +92.7% |
| Operating profit (loss) | 9901 | -€1,477 | -€259 | +€1,218 | +82.4% |
| Financial charges | 65/66B | €66 | €55 | -€11 | -17.0% |
| Recurring financial charges | 65 | €66 | €55 | -€11 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,543 | -€314 | +€1,229 | +79.6% |
| Profit (loss) for the period | 9904 | -€1,543 | -€314 | +€1,229 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,543 | -€314 | +€1,229 | +79.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.