GOED TER LEMBEEK: 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.
What changed
GOED TER LEMBEEK
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€7,895
2024 · -€279,513+€271,618
Equity
€6.5m
2024 · €6.6m-€35,229
Cash
-
not filed
Balance sheet total
€18.4m
2024 · €18.6m-€207,648
Largest movements
Assets
- Tangible fixed assets -€255,680
down €255,680 (-1.4%), from €18.4m to €18.1m
of which Assets under construction and advance payments: -€158,949
Equity and liabilities
- Short-term financial debts +€1.3m
up €1.3m (+28.6%), from €4.7m to €6.0m
- Debts after one year -€1.3m
down €1.3m (-31.0%), from €4.2m to €2.9m
Income statement
- Turnover +€316,912
up €316,912 (+30.6%), from €1.0m to €1.4m
- Depreciation +€138,191
up €138,191 (+19.4%), from €711,784 to €849,975
- Financial charges -€130,363
down €130,363 (-26.4%), from €493,323 to €362,960
- Other operating charges +€49,582
up €49,582 (+107%), from €46,399 to €95,981
- Taxes +€37,160
new in 2025: €37,160
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.
Result 2024
-€279,513
Turnover
+€316,912
Other operating income
+€34,891
Services and other goods
-€16,667
Depreciation
-€138,191
Other operating charges
-€49,582
Other operating items
+€4
Financial income
-€1
Financial charges
+€130,363
Taxes
-€37,160
Deferred taxes and other
+€31,048
Result 2025
-€7,895
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,605,673 | €18,398,025 | -€207,648 | -1.1% |
| Fixed assets | 21/28 | €18,368,142 | €18,112,462 | -€255,680 | -1.4% |
| Tangible fixed assets | 22/27 | €18,367,398 | €18,111,718 | -€255,680 | -1.4% |
| Land and buildings | 22 | €17,176,406 | €17,157,112 | -€19,294 | -0.1% |
| Furniture and vehicles | 24 | €1,032,044 | €954,606 | -€77,437 | -7.5% |
| Assets under construction and advance payments | 27 | €158,949 | - | -€158,949 | |
| Financial fixed assets | 28 | €744 | €744 | = | 0.0% |
| Other financial fixed assets | 284/8 | €744 | €744 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €744 | €744 | = | 0.0% |
| Current assets | 29/58 | €237,531 | €285,564 | +€48,033 | +20.2% |
| Amounts receivable within one year | 40/41 | €235,819 | €273,353 | +€37,534 | +15.9% |
| Trade receivables | 40 | €235,819 | €269,248 | +€33,429 | +14.2% |
| Other amounts receivable | 41 | - | €4,105 | +€4,105 | |
| Deferred charges and accrued income | 490/1 | €1,712 | €12,211 | +€10,498 | +613% |
| Total equity and liabilities | 10/49 | €18,605,673 | €18,398,025 | -€207,648 | -1.1% |
| Equity | 10/15 | €6,583,792 | €6,548,563 | -€35,229 | -0.5% |
| Contributions | 10/11 | €5,029,970 | €5,029,970 | = | 0.0% |
| Capital | 10 | €5,028,033 | €5,028,033 | = | 0.0% |
| Issued capital | 100 | €5,028,033 | €5,028,033 | = | 0.0% |
| Contributions outside capital | 11 | €1,937 | €1,937 | = | 0.0% |
| Share premium | 1100/10 | €1,937 | €1,937 | = | 0.0% |
| Reserves | 13 | €3,596,648 | €3,503,418 | -€93,230 | -2.6% |
| Non-distributable reserves | 130/1 | €51,713 | €54,765 | +€3,053 | +5.9% |
| Legal reserve | 130 | €51,713 | €54,765 | +€3,053 | +5.9% |
| Tax-exempt reserves | 132 | €3,353,360 | €3,257,077 | -€96,283 | -2.9% |
| Distributable reserves | 133 | €191,575 | €191,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,042,827 | -€1,984,825 | +€58,001 | +2.8% |
| Provisions and deferred taxes | 16 | €1,561,543 | €1,516,707 | -€44,836 | -2.9% |
| Deferred taxes | 168 | €1,561,543 | €1,516,707 | -€44,836 | -2.9% |
| Amounts payable | 17/49 | €10,460,338 | €10,332,755 | -€127,584 | -1.2% |
| Amounts payable after more than one year | 17 | €4,200,000 | €2,900,000 | -€1.3m | -31.0% |
| Financial debts | 170/4 | €4,200,000 | €2,900,000 | -€1.3m | -31.0% |
| Credit institutions | 173 | €4,200,000 | €2,900,000 | -€1.3m | -31.0% |
| Amounts payable within one year | 42/48 | €6,199,157 | €7,400,009 | +€1.2m | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €1,300,000 | €1,300,000 | = | 0.0% |
| Financial debts | 43 | €4,693,214 | €6,033,671 | +€1.3m | +28.6% |
| Credit institutions | 430/8 | €4,693,214 | €6,033,671 | +€1.3m | +28.6% |
| Trade debts | 44 | €205,934 | €29,178 | -€176,756 | -85.8% |
| Suppliers | 440/4 | €205,934 | €29,178 | -€176,756 | -85.8% |
| Taxes, remuneration and social security | 45 | €9 | - | -€9 | |
| Taxes | 450/3 | €9 | - | -€9 | |
| Other amounts payable | 47/48 | - | €37,160 | +€37,160 | |
| Accrued charges and deferred income | 492/3 | €61,182 | €32,746 | -€28,436 | -46.5% |
| Operating income | 70/76A | €1,098,031 | €1,449,834 | +€351,803 | +32.0% |
| Turnover | 70 | €1,037,149 | €1,354,061 | +€316,912 | +30.6% |
| Other operating income | 74 | €60,883 | €95,773 | +€34,891 | +57.3% |
| Operating charges | 60/66A | €925,343 | €1,129,778 | +€204,435 | +22.1% |
| Services and other goods | 61 | €167,156 | €183,822 | +€16,667 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €711,784 | €849,975 | +€138,191 | +19.4% |
| Other operating charges | 640/8 | €46,399 | €95,981 | +€49,582 | +107% |
| Non-recurring operating charges | 66A | €4 | - | -€4 | |
| Operating profit (loss) | 9901 | €172,688 | €320,056 | +€147,368 | +85.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Income from current assets | 751 | €1 | - | -€1 | |
| Financial charges | 65/66B | €493,323 | €362,960 | -€130,363 | -26.4% |
| Recurring financial charges | 65 | €493,323 | €362,960 | -€130,363 | -26.4% |
| Debt charges | 650 | €493,181 | €362,818 | -€130,363 | -26.4% |
| Other financial charges | 652/9 | €142 | €142 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€320,634 | -€42,904 | +€277,730 | +86.6% |
| Transfer from deferred taxes | 780 | €41,121 | €72,170 | +€31,048 | +75.5% |
| Income taxes | 67/77 | - | €37,160 | +€37,160 | |
| Taxes | 670/3 | - | €37,160 | +€37,160 | |
| Profit (loss) for the period | 9904 | -€279,513 | -€7,895 | +€271,618 | +97.2% |
| Transfer from tax-exempt reserves | 789 | €88,307 | €68,949 | -€19,358 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€191,206 | €61,054 | +€252,260 |
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 19 October 2026 via checked.be.