Immo Lava: 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 Lava
Largest movements
- Tangible fixed assets +€93,521
up €93,521 (+4.8%), from €1.9m to €2.0m
- Reserves +€74,721
up €74,721 (+20.3%), from €367,641 to €442,362
of which Distributable reserves: +€74,721
- Debts after one year +€26,189
up €26,189 (+1.9%), from €1.4m to €1.4m
- Taxes -€6,348
down €6,348 (-27.1%), from €23,419 to €17,071
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 | €1,959,079 | €2,059,683 | +€100,604 | +5.1% |
| Fixed assets | 21/28 | €1,945,766 | €2,039,286 | +€93,521 | +4.8% |
| Tangible fixed assets | 22/27 | €1,945,766 | €2,039,286 | +€93,521 | +4.8% |
| Land and buildings | 22 | €1,945,766 | €2,039,286 | +€93,521 | +4.8% |
| Current assets | 29/58 | €13,313 | €20,397 | +€7,084 | +53.2% |
| Amounts receivable within one year | 40/41 | €3,495 | €2,641 | -€853 | -24.4% |
| Other amounts receivable | 41 | €3,495 | €2,641 | -€853 | -24.4% |
| Cash at bank and in hand | 54/58 | €9,819 | €17,756 | +€7,937 | +80.8% |
| Total equity and liabilities | 10/49 | €1,959,079 | €2,059,683 | +€100,604 | +5.1% |
| Equity | 10/15 | €386,241 | €460,962 | +€74,721 | +19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €367,641 | €442,362 | +€74,721 | +20.3% |
| Tax-exempt reserves | 132 | €1,159 | €1,159 | = | 0.0% |
| Distributable reserves | 133 | €366,482 | €441,203 | +€74,721 | +20.4% |
| Amounts payable | 17/49 | €1,572,838 | €1,598,721 | +€25,883 | +1.6% |
| Amounts payable after more than one year | 17 | €1,373,204 | €1,399,393 | +€26,189 | +1.9% |
| Financial debts | 170/4 | €1,373,204 | €1,399,393 | +€26,189 | +1.9% |
| Amounts payable within one year | 42/48 | €199,002 | €198,811 | -€191 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €198,811 | €198,811 | = | 0.0% |
| Trade debts | 44 | €191 | - | -€191 | |
| Suppliers | 440/4 | €191 | - | -€191 | |
| Accrued charges and deferred income | 492/3 | €633 | €518 | -€115 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,187 | €131,901 | +€2,714 | +2.1% |
| Other operating charges | 640/8 | €31,148 | €32,444 | +€1,296 | +4.2% |
| Gross operating margin | 9900 | €283,877 | €285,645 | +€1,768 | +0.6% |
| Operating profit (loss) | 9901 | €123,542 | €121,301 | -€2,242 | -1.8% |
| Financial charges | 65/66B | €29,867 | €29,509 | -€358 | -1.2% |
| Recurring financial charges | 65 | €29,867 | €29,509 | -€358 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €93,676 | €91,792 | -€1,884 | -2.0% |
| Income taxes | 67/77 | €23,419 | €17,071 | -€6,348 | -27.1% |
| Profit (loss) for the period | 9904 | €70,257 | €74,721 | +€4,464 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,257 | €74,721 | +€4,464 | +6.4% |
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 10 October 2026 via checked.be.