IMMO LAMBERS: 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 LAMBERS
Largest movements
- Tangible fixed assets +€302,324
up €302,324 (+19.9%), from €1.5m to €1.8m
of which Land and buildings: +€297,352
- Debts after one year +€197,207
up €197,207 (+36.6%), from €539,484 to €736,691
- Other debts +€79,857
up €79,857 (+18.0%), from €443,117 to €522,974
- Trade debts +€24,003
up €24,003 (+2,139%), from €1,122 to €25,125
- Profit (loss) carried forward -€22,623
down €22,623 (-18.0%), from -€125,725 to -€148,348
- Current portion of long-term debt +€19,526
up €19,526 (+60.3%), from €32,377 to €51,904
- Depreciation +€14,588
up €14,588 (+34.8%), from €41,916 to €56,504
- Gross operating margin -€9,587
down €9,587 (-11.6%), from €82,519 to €72,932
- Financial charges -€2,819
down €2,819 (-8.1%), from €34,711 to €31,892
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 | €1,540,565 | €1,838,861 | +€298,295 | +19.4% |
| Formation expenses | 20 | €15,720 | €9,453 | -€6,267 | -39.9% |
| Fixed assets | 21/28 | €1,521,884 | €1,824,208 | +€302,324 | +19.9% |
| Tangible fixed assets | 22/27 | €1,521,884 | €1,824,208 | +€302,324 | +19.9% |
| Land and buildings | 22 | €1,521,884 | €1,819,236 | +€297,352 | +19.5% |
| Furniture and vehicles | 24 | - | €4,972 | +€4,972 | |
| Current assets | 29/58 | €2,961 | €5,200 | +€2,239 | +75.6% |
| Cash at bank and in hand | 54/58 | €478 | €2,463 | +€1,985 | +415% |
| Deferred charges and accrued income | 490/1 | €2,483 | €2,737 | +€254 | +10.2% |
| Total equity and liabilities | 10/49 | €1,540,565 | €1,838,861 | +€298,295 | +19.4% |
| Equity | 10/15 | €524,275 | €501,652 | -€22,623 | -4.3% |
| Contributions | 10/11 | €650,000 | €650,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,725 | -€148,348 | -€22,623 | -18.0% |
| Amounts payable | 17/49 | €1,016,290 | €1,337,208 | +€320,918 | +31.6% |
| Amounts payable after more than one year | 17 | €539,484 | €736,691 | +€197,207 | +36.6% |
| Financial debts | 170/4 | €539,484 | €736,691 | +€197,207 | +36.6% |
| Amounts payable within one year | 42/48 | €476,616 | €600,002 | +€123,386 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €32,377 | €51,904 | +€19,526 | +60.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,122 | €25,125 | +€24,003 | +2,139% |
| Suppliers | 440/4 | €1,122 | €25,125 | +€24,003 | +2,139% |
| Other amounts payable | 47/48 | €443,117 | €522,974 | +€79,857 | +18.0% |
| Accrued charges and deferred income | 492/3 | €190 | €515 | +€325 | +171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,916 | €56,504 | +€14,588 | +34.8% |
| Other operating charges | 640/8 | €7,029 | €7,158 | +€129 | +1.8% |
| Gross operating margin | 9900 | €82,519 | €72,932 | -€9,587 | -11.6% |
| Operating profit (loss) | 9901 | €33,574 | €9,269 | -€24,304 | -72.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €34,711 | €31,892 | -€2,819 | -8.1% |
| Recurring financial charges | 65 | €34,711 | €31,892 | -€2,819 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,137 | -€22,623 | -€21,485 | -1,889% |
| Profit (loss) for the period | 9904 | -€1,137 | -€22,623 | -€21,485 | -1,889% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,137 | -€22,623 | -€21,485 | -1,889% |
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.