IMMO LAFORCE: what changed
Two fiscal 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 LAFORCE
Largest movements
- Tangible fixed assets -€160,285
down €160,285 (-8.4%), from €1.9m to €1.8m
of which Land and buildings: -€139,445
- Current investments -€142,400
down €142,400 (-11.0%), from €1.3m to €1.2m
- Receivables within one year +€136,924
up €136,924 (+32.8%), from €417,394 to €554,317
of which Other amounts receivable: +€143,886
- Debts after one year -€488,117
down €488,117 (-30.0%), from €1.6m to €1.1m
- Current portion of long-term debt +€277,050
up €277,050 (+94.2%), from €294,251 to €571,302
- Trade debts +€75,582
up €75,582 (+638.8%), from €11,831 to €87,413
- Gross operating margin -€251,676
down €251,676 (-61.7%), from €408,222 to €156,545
- Financial income +€93,715
up €93,715 (+79.3%), from €118,193 to €211,908
- Financial charges -€17,986
down €17,986 (-16.2%), from €110,763 to €92,778
- Depreciation +€4,207
up €4,207 (+1.8%), from €231,988 to €236,196
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.
Cash bridge derived
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 | €3,659,490 | €3,512,470 | -€147,020 | -4.0% |
| Fixed assets | 21/28 | €1,910,652 | €1,750,367 | -€160,285 | -8.4% |
| Tangible fixed assets | 22/27 | €1,910,402 | €1,750,117 | -€160,285 | -8.4% |
| Land and buildings | 22 | €1,811,033 | €1,671,588 | -€139,445 | -7.7% |
| Furniture and vehicles | 24 | €99,369 | €78,529 | -€20,840 | -21.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,748,838 | €1,762,103 | +€13,264 | +0.8% |
| Amounts receivable within one year | 40/41 | €417,394 | €554,317 | +€136,924 | +32.8% |
| Trade receivables | 40 | €7,078 | €116 | -€6,962 | -98.4% |
| Other amounts receivable | 41 | €410,315 | €554,201 | +€143,886 | +35.1% |
| Current investments | 50/53 | €1,293,500 | €1,151,100 | -€142,400 | -11.0% |
| Cash at bank and in hand | 54/58 | €21,824 | €33,061 | +€11,236 | +51.5% |
| Deferred charges and accrued income | 490/1 | €16,120 | €23,625 | +€7,504 | +46.6% |
| Total equity and liabilities | 10/49 | €3,659,490 | €3,512,470 | -€147,020 | -4.0% |
| Equity | 10/15 | €1,693,599 | €1,690,302 | -€3,297 | -0.2% |
| Contributions | 10/11 | €2,552,772 | €2,552,772 | = | 0.0% |
| Capital | 10 | €2,552,772 | €2,552,772 | = | 0.0% |
| Issued capital | 100 | €2,552,772 | €2,552,772 | = | 0.0% |
| Reserves | 13 | €4,328 | €4,328 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,328 | €4,328 | = | 0.0% |
| Legal reserve | 130 | €4,328 | €4,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€863,501 | -€866,798 | -€3,297 | -0.4% |
| Amounts payable | 17/49 | €1,965,891 | €1,822,168 | -€143,723 | -7.3% |
| Amounts payable after more than one year | 17 | €1,627,927 | €1,139,809 | -€488,117 | -30.0% |
| Financial debts | 170/4 | €1,627,927 | €1,139,809 | -€488,117 | -30.0% |
| Amounts payable within one year | 42/48 | €322,782 | €666,415 | +€343,633 | +106.5% |
| Current portion of amounts payable after more than one year | 42 | €294,251 | €571,302 | +€277,050 | +94.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,831 | €87,413 | +€75,582 | +638.8% |
| Suppliers | 440/4 | €11,831 | €87,413 | +€75,582 | +638.8% |
| Advances received on contracts in progress | 46 | €9,000 | €0 | -€9,000 | -100.0% |
| Other amounts payable | 47/48 | €7,700 | €7,700 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,182 | €15,944 | +€761 | +5.0% |
| Non-recurring operating income | 76A | €231,746 | €8,515 | -€223,232 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231,988 | €236,196 | +€4,207 | +1.8% |
| Other operating charges | 640/8 | €39,733 | €42,477 | +€2,744 | +6.9% |
| Gross operating margin | 9900 | €408,222 | €156,545 | -€251,676 | -61.7% |
| Operating profit (loss) | 9901 | €136,501 | -€122,127 | -€258,628 | |
| Financial income | 75/76B | €118,193 | €211,908 | +€93,715 | +79.3% |
| Recurring financial income | 75 | €118,193 | €211,908 | +€93,715 | +79.3% |
| Financial charges | 65/66B | €110,763 | €92,778 | -€17,986 | -16.2% |
| Recurring financial charges | 65 | €110,763 | €92,778 | -€17,986 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €143,931 | -€2,997 | -€146,928 | |
| Income taxes | 67/77 | €51 | €300 | +€249 | +489.5% |
| Profit (loss) for the period | 9904 | €143,880 | -€3,297 | -€147,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €143,880 | -€3,297 | -€147,177 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.