IMMO LAHOUSSE: 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 LAHOUSSE
Largest movements
- Receivables within one year +€537,379
up €537,379 (+129.3%), from €415,520 to €952,899
of which Other amounts receivable: +€537,379
- Tangible fixed assets -€382,312
down €382,312 (-16.2%), from €2.4m to €2.0m
- Stocks and contracts -€319,711
down €319,711 (-100.0%), from €319,711 to €0
- Cash +€220,430
up €220,430 (+58.5%), from €376,842 to €597,272
mainly Stocks and contracts (+€319,711) and Investment in fixed assets (net) (+€283,293)
- Reserves +€129,822
up €129,822 (+10.3%), from €1.3m to €1.4m
of which Distributable reserves: +€129,822
- Revaluation surpluses -€68,934
down €68,934 (-4.5%), from €1.5m to €1.5m
- Gross operating margin -€184,357
down €184,357 (-43.2%), from €426,314 to €241,956
- Taxes -€25,156
down €25,156 (-32.9%), from €76,549 to €51,392
- Depreciation -€20,371
down €20,371 (-17.1%), from €119,389 to €99,018
- Financial income +€10,771
up €10,771 (+134.6%), from €8,000 to €18,771
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 | €3,475,276 | €3,531,088 | +€55,812 | +1.6% |
| Fixed assets | 21/28 | €2,360,262 | €1,977,950 | -€382,312 | -16.2% |
| Tangible fixed assets | 22/27 | €2,360,262 | €1,977,950 | -€382,312 | -16.2% |
| Land and buildings | 22 | €2,360,262 | €1,977,950 | -€382,312 | -16.2% |
| Current assets | 29/58 | €1,115,014 | €1,553,138 | +€438,124 | +39.3% |
| Stocks and contracts in progress | 3 | €319,711 | €0 | -€319,711 | -100.0% |
| Stocks | 30/36 | €319,711 | €0 | -€319,711 | -100.0% |
| Amounts receivable within one year | 40/41 | €415,520 | €952,899 | +€537,379 | +129.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €415,520 | €952,899 | +€537,379 | +129.3% |
| Cash at bank and in hand | 54/58 | €376,842 | €597,272 | +€220,430 | +58.5% |
| Deferred charges and accrued income | 490/1 | €2,940 | €2,966 | +€26 | +0.9% |
| Total equity and liabilities | 10/49 | €3,475,276 | €3,531,088 | +€55,812 | +1.6% |
| Equity | 10/15 | €3,465,738 | €3,526,626 | +€60,887 | +1.8% |
| Contributions | 10/11 | €661,424 | €661,424 | = | 0.0% |
| Revaluation surpluses | 12 | €1,539,533 | €1,470,599 | -€68,934 | -4.5% |
| Reserves | 13 | €1,264,781 | €1,394,603 | +€129,822 | +10.3% |
| Tax-exempt reserves | 132 | €76,306 | €76,306 | = | 0.0% |
| Distributable reserves | 133 | €1,188,475 | €1,318,297 | +€129,822 | +10.9% |
| Amounts payable | 17/49 | €9,538 | €4,462 | -€5,075 | -53.2% |
| Amounts payable after more than one year | 17 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,538 | €2,462 | -€6,075 | -71.2% |
| Trade debts | 44 | €716 | €591 | -€125 | -17.5% |
| Suppliers | 440/4 | €716 | €591 | -€125 | -17.5% |
| Other amounts payable | 47/48 | €7,822 | €1,872 | -€5,950 | -76.1% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,389 | €99,018 | -€20,371 | -17.1% |
| Other operating charges | 640/8 | €21,393 | €19,670 | -€1,723 | -8.1% |
| Non-recurring operating charges | 66A | - | €29,711 | +€29,711 | |
| Gross operating margin | 9900 | €426,314 | €241,956 | -€184,357 | -43.2% |
| Operating profit (loss) | 9901 | €285,531 | €93,557 | -€191,974 | -67.2% |
| Financial income | 75/76B | €8,000 | €18,771 | +€10,771 | +134.6% |
| Recurring financial income | 75 | €8,000 | €18,771 | +€10,771 | +134.6% |
| Financial charges | 65/66B | €24 | €48 | +€24 | +97.0% |
| Recurring financial charges | 65 | €24 | €48 | +€24 | +97.0% |
| Profit (loss) for the period before taxes | 9903 | €293,507 | €112,280 | -€181,227 | -61.7% |
| Income taxes | 67/77 | €76,549 | €51,392 | -€25,156 | -32.9% |
| Profit (loss) for the period | 9904 | €216,958 | €60,887 | -€156,071 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €216,958 | €60,887 | -€156,071 | -71.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.