IMMO LA CROYERE: 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
IMMO LA CROYERE
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€35,237
2024 · €141,112-€105,875
Equity
€1.9m
2024 · €1.9m+€35,237
Cash
€537
2024 · €613-€76
Balance sheet total
€3.7m
2024 · €3.5m+€176,825
Largest movements
Assets
- Receivables within one year +€251,500
up €251,500 (+1,406%), from €17,885 to €269,385
- Tangible fixed assets -€91,599
down €91,599 (-4.7%), from €2.0m to €1.9m
of which Land and buildings: -€82,582
Equity and liabilities
- Current portion of long-term debt +€158,208
up €158,208 (+83.1%), from €190,451 to €348,659
- Debts after one year -€129,871
down €129,871 (-17.2%), from €753,204 to €623,333
- Other debts +€109,293
up €109,293 (+17.8%), from €612,307 to €721,600
Income statement
- Financial income -€200,000
no longer reported in 2025 (was €200,000)
- Gross operating margin +€79,675
up €79,675 (+66.3%), from €120,213 to €199,888
- Other operating charges -€7,652
down €7,652 (-27.3%), from €28,034 to €20,382
- Depreciation -€6,929
down €6,929 (-7.0%), from €98,529 to €91,600
- Taxes +€2,013
up €2,013 (+17.1%), from €11,787 to €13,800
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
€141,112
Gross operating margin
+€79,675
Depreciation
+€6,929
Other operating charges
+€7,652
Financial income
-€200,000
Financial charges
+€1,882
Taxes
-€2,013
Result 2025
€35,237
raises the resultlowers the result
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.
From operations
+€16,493
Investment
-€23,001
Financing
+€6,432
Cash 2024
€613
From operations (derived)
+€16,493
Net result for the year
+€35,237
Depreciation
+€91,600
Receivables within one year
-€251,500
Deferred charges and accrued income
+€6,000
Provisions
-€1,646
Trade debts
+€6,209
Tax, wage and social debts
+€13,800
Advances received
+€7,500
Other debts
+€109,293
Investment (derived)
-€23,001
Investment in fixed assets (net)
-€23,001
Financing
+€6,432
Debts after one year
-€129,871
Current portion of long-term debt
+€158,208
Short-term financial debts
-€21,905
Cash 2025
€537
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,511,920 | €3,688,745 | +€176,825 | +5.0% |
| Fixed assets | 21/28 | €3,173,987 | €3,105,388 | -€68,599 | -2.2% |
| Tangible fixed assets | 22/27 | €1,966,987 | €1,875,388 | -€91,599 | -4.7% |
| Land and buildings | 22 | €1,952,309 | €1,869,727 | -€82,582 | -4.2% |
| Plant, machinery and equipment | 23 | €7,531 | €4,883 | -€2,648 | -35.2% |
| Furniture and vehicles | 24 | €7,147 | €778 | -€6,369 | -89.1% |
| Financial fixed assets | 28 | €1,207,000 | €1,230,000 | +€23,000 | +1.9% |
| Current assets | 29/58 | €337,933 | €583,357 | +€245,424 | +72.6% |
| Stocks and contracts in progress | 3 | €298,205 | €298,205 | = | 0.0% |
| Stocks | 30/36 | €298,205 | €298,205 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,885 | €269,385 | +€251,500 | +1,406% |
| Other amounts receivable | 41 | €17,885 | €269,385 | +€251,500 | +1,406% |
| Cash at bank and in hand | 54/58 | €613 | €537 | -€76 | -12.4% |
| Deferred charges and accrued income | 490/1 | €21,230 | €15,230 | -€6,000 | -28.3% |
| Total equity and liabilities | 10/49 | €3,511,920 | €3,688,745 | +€176,825 | +5.0% |
| Equity | 10/15 | €1,867,699 | €1,902,936 | +€35,237 | +1.9% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,742,699 | €1,777,936 | +€35,237 | +2.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,196 | - | -€3,196 | |
| Distributable reserves | 133 | €1,727,003 | €1,765,436 | +€38,433 | +2.2% |
| Provisions and deferred taxes | 16 | €1,646 | - | -€1,646 | |
| Deferred taxes | 168 | €1,646 | - | -€1,646 | |
| Amounts payable | 17/49 | €1,642,575 | €1,785,809 | +€143,234 | +8.7% |
| Amounts payable after more than one year | 17 | €753,204 | €623,333 | -€129,871 | -17.2% |
| Financial debts | 170/4 | €753,204 | €623,333 | -€129,871 | -17.2% |
| Amounts payable within one year | 42/48 | €889,371 | €1,162,476 | +€273,105 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | €190,451 | €348,659 | +€158,208 | +83.1% |
| Financial debts | 43 | €74,304 | €52,399 | -€21,905 | -29.5% |
| Credit institutions | 430/8 | €74,304 | €52,399 | -€21,905 | -29.5% |
| Trade debts | 44 | €12,309 | €18,518 | +€6,209 | +50.4% |
| Suppliers | 440/4 | €12,309 | €18,518 | +€6,209 | +50.4% |
| Advances received on contracts in progress | 46 | - | €7,500 | +€7,500 | |
| Taxes, remuneration and social security | 45 | - | €13,800 | +€13,800 | |
| Taxes | 450/3 | - | €13,800 | +€13,800 | |
| Other amounts payable | 47/48 | €612,307 | €721,600 | +€109,293 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,529 | €91,600 | -€6,929 | -7.0% |
| Other operating charges | 640/8 | €28,034 | €20,382 | -€7,652 | -27.3% |
| Gross operating margin | 9900 | €120,213 | €199,888 | +€79,675 | +66.3% |
| Operating profit (loss) | 9901 | -€6,350 | €87,906 | +€94,256 | |
| Financial income | 75/76B | €200,000 | - | -€200,000 | |
| Recurring financial income | 75 | €200,000 | - | -€200,000 | |
| Financial charges | 65/66B | €42,397 | €40,515 | -€1,882 | -4.4% |
| Recurring financial charges | 65 | €42,397 | €40,515 | -€1,882 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €151,253 | €47,391 | -€103,862 | -68.7% |
| Transfer from deferred taxes | 780 | €1,646 | €1,646 | = | 0.0% |
| Income taxes | 67/77 | €11,787 | €13,800 | +€2,013 | +17.1% |
| Profit (loss) for the period | 9904 | €141,112 | €35,237 | -€105,875 | -75.0% |
| Transfer from tax-exempt reserves | 789 | €3,196 | €3,196 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €144,308 | €38,433 | -€105,875 | -73.4% |
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 22 October 2026 via checked.be.