IMMO LAARHOF: 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 LAARHOF
Largest movements
- Tangible fixed assets +€52,242
up €52,242 (+3.8%), from €1.4m to €1.4m
- Cash -€16,017
down €16,017 (-27.5%), from €58,299 to €42,282
mainly Investment in fixed assets (net) (-€59,475) and Accrued charges and deferred income (-€21,000)
- Profit (loss) carried forward +€52,542
up €52,542 (+23.0%), from -€228,897 to -€176,355
- Accrued charges and deferred income -€21,000
down €21,000 (-24.3%), from €86,250 to €65,250
- Gross operating margin +€5,351
up €5,351 (+8.0%), from €66,753 to €72,104
- Other operating charges +€4,545
up €4,545 (+66.6%), from €6,827 to €11,372
- Depreciation +€1,847
up €1,847 (+34.3%), from €5,386 to €7,233
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 | €1,451,591 | €1,486,593 | +€35,002 | +2.4% |
| Fixed assets | 21/28 | €1,388,458 | €1,440,700 | +€52,242 | +3.8% |
| Tangible fixed assets | 22/27 | €1,387,808 | €1,440,050 | +€52,242 | +3.8% |
| Land and buildings | 22 | €1,387,808 | €1,440,050 | +€52,242 | +3.8% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €63,133 | €45,893 | -€17,240 | -27.3% |
| Amounts receivable within one year | 40/41 | €861 | €315 | -€546 | -63.4% |
| Trade receivables | 40 | - | €315 | +€315 | |
| Other amounts receivable | 41 | €861 | €0 | -€861 | -100% |
| Cash at bank and in hand | 54/58 | €58,299 | €42,282 | -€16,017 | -27.5% |
| Deferred charges and accrued income | 490/1 | €3,973 | €3,297 | -€676 | -17.0% |
| Total equity and liabilities | 10/49 | €1,451,591 | €1,486,593 | +€35,002 | +2.4% |
| Equity | 10/15 | -€28,897 | €23,645 | +€52,542 | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,897 | -€176,355 | +€52,542 | +23.0% |
| Amounts payable | 17/49 | €1,480,488 | €1,462,948 | -€17,540 | -1.2% |
| Amounts payable within one year | 42/48 | €1,394,238 | €1,397,698 | +€3,460 | +0.2% |
| Trade debts | 44 | €12,423 | €12,786 | +€363 | +2.9% |
| Suppliers | 440/4 | €12,423 | €12,786 | +€363 | +2.9% |
| Taxes, remuneration and social security | 45 | - | €2,184 | +€2,184 | |
| Taxes | 450/3 | - | €2,184 | +€2,184 | |
| Other amounts payable | 47/48 | €1,381,815 | €1,382,728 | +€913 | +0.1% |
| Accrued charges and deferred income | 492/3 | €86,250 | €65,250 | -€21,000 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,386 | €7,233 | +€1,847 | +34.3% |
| Other operating charges | 640/8 | €6,827 | €11,372 | +€4,545 | +66.6% |
| Gross operating margin | 9900 | €66,753 | €72,104 | +€5,351 | +8.0% |
| Operating profit (loss) | 9901 | €54,541 | €53,499 | -€1,042 | -1.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €925 | €957 | +€32 | +3.5% |
| Recurring financial charges | 65 | €925 | €957 | +€32 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €53,616 | €52,542 | -€1,074 | -2.0% |
| Profit (loss) for the period | 9904 | €53,616 | €52,542 | -€1,074 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,616 | €52,542 | -€1,074 | -2.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.