IMMO DE LEEUW: 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 LEEUW
Largest movements
- Tangible fixed assets -€13,379
down €13,379 (-12.7%), from €105,545 to €92,166
- Receivables within one year -€6,349
down €6,349 (-6.8%), from €92,952 to €86,603
of which Trade receivables: -€7,173
- Reserves -€9,863
down €9,863 (-16.6%), from €59,382 to €49,519
of which Distributable reserves: -€9,863
- Debts after one year -€4,981
down €4,981 (-31.3%), from €15,891 to €10,909
- Trade debts -€4,329
down €4,329 (-95.9%), from €4,512 to €183
- Gross operating margin -€5,803
down €5,803 (-38.5%), from €15,061 to €9,258
- Depreciation +€462
up €462 (+3.6%), from €12,917 to €13,379
- Other operating charges +€193
up €193 (+4.4%), from €4,390 to €4,583
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 | €208,990 | €189,962 | -€19,028 | -9.1% |
| Fixed assets | 21/28 | €105,545 | €92,166 | -€13,379 | -12.7% |
| Tangible fixed assets | 22/27 | €105,545 | €92,166 | -€13,379 | -12.7% |
| Land and buildings | 22 | €78,551 | €71,935 | -€6,615 | -8.4% |
| Plant, machinery and equipment | 23 | €199 | - | -€199 | |
| Furniture and vehicles | 24 | €26,795 | €20,231 | -€6,564 | -24.5% |
| Current assets | 29/58 | €103,445 | €97,796 | -€5,649 | -5.5% |
| Amounts receivable within one year | 40/41 | €92,952 | €86,603 | -€6,349 | -6.8% |
| Trade receivables | 40 | €7,173 | - | -€7,173 | |
| Other amounts receivable | 41 | €85,779 | €86,603 | +€824 | +1.0% |
| Cash at bank and in hand | 54/58 | €9,612 | €10,250 | +€638 | +6.6% |
| Deferred charges and accrued income | 490/1 | €881 | €944 | +€62 | +7.1% |
| Total equity and liabilities | 10/49 | €208,990 | €189,962 | -€19,028 | -9.1% |
| Equity | 10/15 | €183,329 | €173,466 | -€9,863 | -5.4% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €59,382 | €49,519 | -€9,863 | -16.6% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €46,987 | €37,125 | -€9,863 | -21.0% |
| Amounts payable | 17/49 | €25,661 | €16,496 | -€9,165 | -35.7% |
| Amounts payable after more than one year | 17 | €15,891 | €10,909 | -€4,981 | -31.3% |
| Financial debts | 170/4 | €15,891 | €10,909 | -€4,981 | -31.3% |
| Amounts payable within one year | 42/48 | €9,771 | €5,587 | -€4,184 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €4,823 | €4,981 | +€158 | +3.3% |
| Trade debts | 44 | €4,512 | €183 | -€4,329 | -95.9% |
| Suppliers | 440/4 | €4,512 | €183 | -€4,329 | -95.9% |
| Taxes, remuneration and social security | 45 | €436 | €422 | -€13 | -3.1% |
| Taxes | 450/3 | €436 | €422 | -€13 | -3.1% |
| Non-recurring operating income | 76A | €3,306 | - | -€3,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,917 | €13,379 | +€462 | +3.6% |
| Other operating charges | 640/8 | €4,390 | €4,583 | +€193 | +4.4% |
| Gross operating margin | 9900 | €15,061 | €9,258 | -€5,803 | -38.5% |
| Operating profit (loss) | 9901 | -€2,245 | -€8,704 | -€6,458 | -288% |
| Financial income | 75/76B | €0 | €0 | +€0 | +400% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400% |
| Financial charges | 65/66B | €841 | €737 | -€104 | -12.3% |
| Recurring financial charges | 65 | €841 | €737 | -€104 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,086 | -€9,440 | -€6,354 | -206% |
| Income taxes | 67/77 | €436 | €422 | -€13 | -3.1% |
| Profit (loss) for the period | 9904 | -€3,522 | -€9,863 | -€6,341 | -180% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,522 | -€9,863 | -€6,341 | -180% |
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 23 October 2026 via checked.be.