IMMO LAUREYS: 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 LAUREYS
Largest movements
- Tangible fixed assets +€74,722
up €74,722 (+3.1%), from €2.4m to €2.5m
of which Land and buildings: +€268,717
- Profit (loss) carried forward +€166,788
up €166,788 (+70.6%), from -€236,258 to -€69,470
- Reserves -€153,539
down €153,539 (-22.5%), from €681,521 to €527,982
of which Tax-exempt reserves: -€153,539
- Provisions -€51,180
down €51,180 (-25.0%), from €204,533 to €153,353
- Debts after one year +€45,549
up €45,549 (+4.5%), from €1.0m to €1.1m
- Financial income +€68,641
up €68,641 (+1210.8%), from €5,669 to €74,310
- Gross operating margin +€8,853
up €8,853 (+18.2%), from €48,646 to €57,499
- Financial charges -€7,885
down €7,885 (-15.4%), from €51,095 to €43,210
- Other operating charges -€6,094
down €6,094 (-20.2%), from €30,156 to €24,062
- Depreciation -€1,859
down €1,859 (-1.8%), from €104,212 to €102,352
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 | €2,888,701 | €2,930,109 | +€41,408 | +1.4% |
| Fixed assets | 21/28 | €2,667,767 | €2,742,489 | +€74,722 | +2.8% |
| Tangible fixed assets | 22/27 | €2,401,673 | €2,476,395 | +€74,722 | +3.1% |
| Land and buildings | 22 | €2,169,622 | €2,438,339 | +€268,717 | +12.4% |
| Plant, machinery and equipment | 23 | €174,945 | €0 | -€174,945 | -100.0% |
| Furniture and vehicles | 24 | €53,605 | €34,556 | -€19,049 | -35.5% |
| Other tangible fixed assets | 26 | €3,500 | €3,500 | = | 0.0% |
| Financial fixed assets | 28 | €266,094 | €266,094 | = | 0.0% |
| Current assets | 29/58 | €220,934 | €187,621 | -€33,314 | -15.1% |
| Amounts receivable within one year | 40/41 | €161,213 | €151,111 | -€10,102 | -6.3% |
| Trade receivables | 40 | €19,212 | €6,158 | -€13,054 | -67.9% |
| Other amounts receivable | 41 | €142,001 | €144,952 | +€2,952 | +2.1% |
| Cash at bank and in hand | 54/58 | €45,910 | €25,313 | -€20,596 | -44.9% |
| Deferred charges and accrued income | 490/1 | €13,812 | €11,197 | -€2,615 | -18.9% |
| Total equity and liabilities | 10/49 | €2,888,701 | €2,930,109 | +€41,408 | +1.4% |
| Equity | 10/15 | €916,136 | €929,384 | +€13,248 | +1.4% |
| Contributions | 10/11 | €470,872 | €470,872 | = | 0.0% |
| Reserves | 13 | €681,521 | €527,982 | -€153,539 | -22.5% |
| Tax-exempt reserves | 132 | €613,598 | €460,059 | -€153,539 | -25.0% |
| Distributable reserves | 133 | €67,923 | €67,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€236,258 | -€69,470 | +€166,788 | +70.6% |
| Provisions and deferred taxes | 16 | €204,533 | €153,353 | -€51,180 | -25.0% |
| Deferred taxes | 168 | €204,533 | €153,353 | -€51,180 | -25.0% |
| Amounts payable | 17/49 | €1,768,032 | €1,847,373 | +€79,340 | +4.5% |
| Amounts payable after more than one year | 17 | €1,018,969 | €1,064,518 | +€45,549 | +4.5% |
| Financial debts | 170/4 | €1,018,969 | €1,064,518 | +€45,549 | +4.5% |
| Amounts payable within one year | 42/48 | €747,471 | €781,356 | +€33,885 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €62,411 | €74,517 | +€12,105 | +19.4% |
| Trade debts | 44 | €7,547 | €3,601 | -€3,947 | -52.3% |
| Suppliers | 440/4 | €7,547 | €3,601 | -€3,947 | -52.3% |
| Taxes, remuneration and social security | 45 | €750 | €867 | +€117 | +15.5% |
| Taxes | 450/3 | €750 | €867 | +€117 | +15.5% |
| Other amounts payable | 47/48 | €676,763 | €702,372 | +€25,610 | +3.8% |
| Accrued charges and deferred income | 492/3 | €1,592 | €1,498 | -€94 | -5.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,212 | €102,352 | -€1,859 | -1.8% |
| Other operating charges | 640/8 | €30,156 | €24,062 | -€6,094 | -20.2% |
| Non-recurring operating charges | 66A | €195 | €0 | -€195 | -100.0% |
| Gross operating margin | 9900 | €48,646 | €57,499 | +€8,853 | +18.2% |
| Operating profit (loss) | 9901 | -€85,917 | -€68,915 | +€17,001 | +19.8% |
| Financial income | 75/76B | €5,669 | €74,310 | +€68,641 | +1210.8% |
| Recurring financial income | 75 | €5,669 | €74,310 | +€68,641 | +1210.8% |
| Financial charges | 65/66B | €51,095 | €43,210 | -€7,885 | -15.4% |
| Recurring financial charges | 65 | €51,095 | €43,210 | -€7,885 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€131,342 | -€37,815 | +€93,527 | +71.2% |
| Transfer from deferred taxes | 780 | €102,433 | €51,180 | -€51,254 | -50.0% |
| Income taxes | 67/77 | €120 | €117 | -€4 | -3.1% |
| Profit (loss) for the period | 9904 | -€29,029 | €13,248 | +€42,277 | |
| Transfer from tax-exempt reserves | 789 | €307,300 | €153,539 | -€153,761 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €278,271 | €166,788 | -€111,483 | -40.1% |
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 5 October 2026 via checked.be.