Immo Lasa: 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 Lasa
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€947
2024 · €5,392-€4,444
Equity
€252,993
2024 · €252,045+€947
Cash
€2,402
2024 · €2,092+€310
Balance sheet total
€752,214
2024 · €774,530-€22,316
Largest movements
Assets
- Tangible fixed assets -€20,639
down €20,639 (-4.9%), from €425,303 to €404,664
Equity and liabilities
- Other debts -€26,936
down €26,936 (-47.6%), from €56,603 to €29,667
Income statement
- Gross operating margin -€36,169
down €36,169 (-36.6%), from €98,804 to €62,634
- Financial income +€28,451
up €28,451 (+736%), from €3,866 to €32,316
- Taxes -€5,084
down €5,084 (-65.7%), from €7,738 to €2,653
- Other operating charges +€1,873
up €1,873 (+3.9%), from €48,467 to €50,340
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
€5,392
Gross operating margin
-€36,169
Depreciation
+€439
Other operating charges
-€1,873
Other operating items
-€282
Financial income
+€28,451
Financial charges
-€94
Taxes
+€5,084
Result 2025
€947
raises the resultlowers the resultnot broken down further in the accounts
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
-€6,690
Investment
€0
Financing
+€7,000
Cash 2024
€2,092
From operations (derived)
-€6,690
Net result for the year
+€947
Depreciation
+€20,951
Receivables within one year
+€1,746
Deferred charges and accrued income
-€71
Trade debts
-€3,087
Tax, wage and social debts
-€241
Other debts
-€26,936
Financing
+€7,000
Debts after one year
+€7,000
Cash 2025
€2,402
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €774,530 | €752,214 | -€22,316 | -2.9% |
| Formation expenses | 20 | €1,205 | €892 | -€313 | -25.9% |
| Fixed assets | 21/28 | €425,303 | €404,664 | -€20,639 | -4.9% |
| Tangible fixed assets | 22/27 | €425,303 | €404,664 | -€20,639 | -4.9% |
| Land and buildings | 22 | €365,694 | €356,407 | -€9,287 | -2.5% |
| Plant, machinery and equipment | 23 | €48,674 | €38,899 | -€9,775 | -20.1% |
| Furniture and vehicles | 24 | €10,935 | €9,358 | -€1,576 | -14.4% |
| Current assets | 29/58 | €348,023 | €346,657 | -€1,365 | -0.4% |
| Amounts receivable within one year | 40/41 | €344,056 | €342,309 | -€1,746 | -0.5% |
| Trade receivables | 40 | €59,043 | €49,142 | -€9,901 | -16.8% |
| Other amounts receivable | 41 | €285,013 | €293,167 | +€8,155 | +2.9% |
| Cash at bank and in hand | 54/58 | €2,092 | €2,402 | +€310 | +14.8% |
| Deferred charges and accrued income | 490/1 | €1,875 | €1,946 | +€71 | +3.8% |
| Total equity and liabilities | 10/49 | €774,530 | €752,214 | -€22,316 | -2.9% |
| Equity | 10/15 | €252,045 | €252,993 | +€947 | +0.4% |
| Contributions | 10/11 | €215,510 | €215,510 | = | 0.0% |
| Capital | 10 | €215,510 | €215,510 | = | 0.0% |
| Issued capital | 100 | €215,510 | €215,510 | = | 0.0% |
| Reserves | 13 | €26,158 | €26,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,158 | €26,158 | = | 0.0% |
| Legal reserve | 130 | €26,158 | €26,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,377 | €11,325 | +€947 | +9.1% |
| Amounts payable | 17/49 | €522,485 | €499,221 | -€23,263 | -4.5% |
| Amounts payable after more than one year | 17 | €456,000 | €463,000 | +€7,000 | +1.5% |
| Financial debts | 170/4 | €456,000 | €463,000 | +€7,000 | +1.5% |
| Amounts payable within one year | 42/48 | €66,485 | €36,221 | -€30,263 | -45.5% |
| Trade debts | 44 | €3,375 | €288 | -€3,087 | -91.5% |
| Suppliers | 440/4 | €3,375 | €288 | -€3,087 | -91.5% |
| Taxes, remuneration and social security | 45 | €6,507 | €6,266 | -€241 | -3.7% |
| Taxes | 450/3 | €6,507 | €6,266 | -€241 | -3.7% |
| Other amounts payable | 47/48 | €56,603 | €29,667 | -€26,936 | -47.6% |
| Non-recurring operating income | 76A | - | €2,137 | +€2,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,390 | €20,951 | -€439 | -2.1% |
| Other operating charges | 640/8 | €48,467 | €50,340 | +€1,873 | +3.9% |
| Non-recurring operating charges | 66A | €126 | €408 | +€282 | +223% |
| Gross operating margin | 9900 | €98,804 | €62,634 | -€36,169 | -36.6% |
| Operating profit (loss) | 9901 | €28,820 | -€9,065 | -€37,885 | |
| Financial income | 75/76B | €3,866 | €32,316 | +€28,451 | +736% |
| Recurring financial income | 75 | €3,866 | €32,316 | +€28,451 | +736% |
| Financial charges | 65/66B | €19,557 | €19,651 | +€94 | +0.5% |
| Recurring financial charges | 65 | €19,557 | €19,651 | +€94 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €13,129 | €3,601 | -€9,529 | -72.6% |
| Income taxes | 67/77 | €7,738 | €2,653 | -€5,084 | -65.7% |
| Profit (loss) for the period | 9904 | €5,392 | €947 | -€4,444 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,392 | €947 | -€4,444 | -82.4% |
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 14 October 2026 via checked.be.