Immo L&L: 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 L&L
Largest movements
- Tangible fixed assets -€29,578
down €29,578 (-4.7%), from €626,174 to €596,597
of which Land and buildings: -€24,943
- Cash +€7,567
up €7,567 (+22.6%), from €33,420 to €40,987
mainly Depreciation (+€29,578) and Net result for the year (+€23,868)
- Debts after one year -€35,770
down €35,770 (-10.3%), from €348,262 to €312,491
- Profit (loss) carried forward +€23,856
up €23,856 (+88.9%), from -€26,835 to -€2,979
- Other debts -€9,600
down €9,600 (-3.5%), from €275,708 to €266,108
- Gross operating margin +€1,832
up €1,832 (+2.9%), from €63,987 to €65,819
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 | €660,817 | €640,197 | -€20,620 | -3.1% |
| Fixed assets | 21/28 | €626,174 | €596,597 | -€29,578 | -4.7% |
| Tangible fixed assets | 22/27 | €626,174 | €596,597 | -€29,578 | -4.7% |
| Land and buildings | 22 | €577,508 | €552,565 | -€24,943 | -4.3% |
| Plant, machinery and equipment | 23 | €45,702 | €42,428 | -€3,273 | -7.2% |
| Furniture and vehicles | 24 | €2,964 | €1,603 | -€1,361 | -45.9% |
| Current assets | 29/58 | €34,643 | €43,600 | +€8,958 | +25.9% |
| Amounts receivable within one year | 40/41 | €484 | €1,785 | +€1,300 | +269% |
| Trade receivables | 40 | €484 | - | -€484 | |
| Other amounts receivable | 41 | - | €1,785 | +€1,785 | |
| Cash at bank and in hand | 54/58 | €33,420 | €40,987 | +€7,567 | +22.6% |
| Deferred charges and accrued income | 490/1 | €739 | €828 | +€90 | +12.1% |
| Total equity and liabilities | 10/49 | €660,817 | €640,197 | -€20,620 | -3.1% |
| Equity | 10/15 | -€8,235 | €15,621 | +€23,856 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,835 | -€2,979 | +€23,856 | +88.9% |
| Amounts payable | 17/49 | €669,052 | €624,576 | -€44,476 | -6.6% |
| Amounts payable after more than one year | 17 | €348,262 | €312,491 | -€35,770 | -10.3% |
| Financial debts | 170/4 | €348,262 | €312,491 | -€35,770 | -10.3% |
| Amounts payable within one year | 42/48 | €320,791 | €312,085 | -€8,706 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €37,915 | €38,566 | +€651 | +1.7% |
| Trade debts | 44 | €3,671 | €3,867 | +€196 | +5.3% |
| Suppliers | 440/4 | €3,671 | €3,867 | +€196 | +5.3% |
| Taxes, remuneration and social security | 45 | €3,497 | €3,544 | +€47 | +1.3% |
| Taxes | 450/3 | €3,497 | €3,544 | +€47 | +1.3% |
| Other amounts payable | 47/48 | €275,708 | €266,108 | -€9,600 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,578 | €29,578 | = | 0.0% |
| Other operating charges | 640/8 | €5,588 | €5,764 | +€176 | +3.1% |
| Gross operating margin | 9900 | €63,987 | €65,819 | +€1,832 | +2.9% |
| Operating profit (loss) | 9901 | €28,821 | €30,478 | +€1,657 | +5.7% |
| Financial charges | 65/66B | €6,685 | €6,610 | -€75 | -1.1% |
| Recurring financial charges | 65 | €6,685 | €6,610 | -€75 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €22,136 | €23,868 | +€1,732 | +7.8% |
| Profit (loss) for the period | 9904 | €22,136 | €23,868 | +€1,732 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,136 | €23,868 | +€1,732 | +7.8% |
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 21 October 2026 via checked.be.