IMMO DE LANGEMAN: 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.
IMMO DE LANGEMAN
Largest movements
- Cash +€364,145
up €364,145 (+1,238%), from €29,416 to €393,560
mainly Current investments (+€343,082) and Net result for the year (+€29,953)
- Current investments -€343,082
no longer reported in 2025 (was €343,082)
- Tangible fixed assets -€28,635
down €28,635 (-5.9%), from €488,965 to €460,330
of which Land and buildings: -€27,880
- Reserves +€29,953
up €29,953 (+16.5%), from €181,308 to €211,262
- Debts after one year -€25,245
no longer reported in 2025 (was €25,245)
- Current portion of long-term debt -€12,086
down €12,086 (-32.4%), from €37,331 to €25,245
- Gross operating margin -€13,652
down €13,652 (-11.2%), from €121,737 to €108,085
- Financial income -€6,215
down €6,215 (-49.3%), from €12,609 to €6,394
- Taxes -€5,904
down €5,904 (-28.6%), from €20,637 to €14,733
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 | €866,464 | €857,325 | -€9,139 | -1.1% |
| Fixed assets | 21/28 | €488,965 | €460,330 | -€28,635 | -5.9% |
| Tangible fixed assets | 22/27 | €488,965 | €460,330 | -€28,635 | -5.9% |
| Land and buildings | 22 | €486,869 | €458,989 | -€27,880 | -5.7% |
| Furniture and vehicles | 24 | €2,096 | €1,341 | -€755 | -36.0% |
| Current assets | 29/58 | €377,499 | €396,995 | +€19,496 | +5.2% |
| Amounts receivable within one year | 40/41 | €1,500 | - | -€1,500 | |
| Other amounts receivable | 41 | €1,500 | - | -€1,500 | |
| Current investments | 50/53 | €343,082 | - | -€343,082 | |
| Cash at bank and in hand | 54/58 | €29,416 | €393,560 | +€364,145 | +1,238% |
| Deferred charges and accrued income | 490/1 | €3,502 | €3,435 | -€67 | -1.9% |
| Total equity and liabilities | 10/49 | €866,464 | €857,325 | -€9,139 | -1.1% |
| Equity | 10/15 | €602,030 | €631,983 | +€29,953 | +5.0% |
| Contributions | 10/11 | €275,564 | €275,564 | = | 0.0% |
| Reserves | 13 | €181,308 | €211,262 | +€29,953 | +16.5% |
| Distributable reserves | 133 | €181,308 | €211,262 | +€29,953 | +16.5% |
| Profit (loss) carried forward | 14 | €145,157 | €145,157 | = | 0.0% |
| Amounts payable | 17/49 | €264,435 | €225,342 | -€39,093 | -14.8% |
| Amounts payable after more than one year | 17 | €25,245 | - | -€25,245 | |
| Financial debts | 170/4 | €25,245 | - | -€25,245 | |
| Amounts payable within one year | 42/48 | €231,579 | €217,842 | -€13,737 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €37,331 | €25,245 | -€12,086 | -32.4% |
| Trade debts | 44 | €49 | - | -€49 | |
| Suppliers | 440/4 | €49 | - | -€49 | |
| Taxes, remuneration and social security | 45 | €4,352 | €5,666 | +€1,315 | +30.2% |
| Taxes | 450/3 | €4,352 | €5,666 | +€1,315 | +30.2% |
| Other amounts payable | 47/48 | €189,847 | €186,931 | -€2,916 | -1.5% |
| Accrued charges and deferred income | 492/3 | €7,610 | €7,500 | -€111 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,382 | €28,635 | -€747 | -2.5% |
| Other operating charges | 640/8 | €31,623 | €32,714 | +€1,091 | +3.5% |
| Gross operating margin | 9900 | €121,737 | €108,085 | -€13,652 | -11.2% |
| Operating profit (loss) | 9901 | €60,732 | €46,736 | -€13,997 | -23.0% |
| Financial income | 75/76B | €12,609 | €6,394 | -€6,215 | -49.3% |
| Recurring financial income | 75 | €12,609 | €6,394 | -€6,215 | -49.3% |
| Financial charges | 65/66B | €9,186 | €8,443 | -€743 | -8.1% |
| Recurring financial charges | 65 | €9,186 | €8,443 | -€743 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €64,155 | €44,686 | -€19,469 | -30.3% |
| Income taxes | 67/77 | €20,637 | €14,733 | -€5,904 | -28.6% |
| Profit (loss) for the period | 9904 | €43,519 | €29,953 | -€13,565 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,519 | €29,953 | -€13,565 | -31.2% |
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 15 October 2026 via checked.be.