Immo LDV: 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 LDV
Largest movements
- Tangible fixed assets -€14,193
down €14,193 (-7.4%), from €192,023 to €177,830
- Receivables within one year -€7,188
no longer reported in 2025 (was €7,188)
- Debts after one year -€9,639
down €9,639 (-5.7%), from €167,690 to €158,051
- Trade debts -€6,662
down €6,662 (-88.4%), from €7,538 to €876
- Tax, wage and social debts -€3,237
down €3,237 (-69.7%), from €4,647 to €1,410
- Gross operating margin +€14,390
up €14,390 (+116.3%), from €12,374 to €26,764
- Financial charges -€777
down €777 (-9.0%), from €8,608 to €7,831
- Depreciation +€408
up €408 (+2.2%), from €18,785 to €19,193
- Other operating charges -€373
down €373 (-48.3%), from €772 to €399
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 | €205,221 | €183,526 | -€21,695 | -10.6% |
| Fixed assets | 21/28 | €192,023 | €177,830 | -€14,193 | -7.4% |
| Tangible fixed assets | 22/27 | €192,023 | €177,830 | -€14,193 | -7.4% |
| Land and buildings | 22 | €192,023 | €177,830 | -€14,193 | -7.4% |
| Current assets | 29/58 | €13,198 | €5,696 | -€7,502 | -56.8% |
| Amounts receivable within one year | 40/41 | €7,188 | - | -€7,188 | |
| Other amounts receivable | 41 | €7,188 | - | -€7,188 | |
| Cash at bank and in hand | 54/58 | €5,708 | €5,380 | -€328 | -5.7% |
| Deferred charges and accrued income | 490/1 | €302 | €316 | +€14 | +4.6% |
| Total equity and liabilities | 10/49 | €205,221 | €183,526 | -€21,695 | -10.6% |
| Equity | 10/15 | €14,209 | €13,550 | -€659 | -4.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,791 | -€16,450 | -€659 | -4.2% |
| Amounts payable | 17/49 | €191,012 | €169,976 | -€21,036 | -11.0% |
| Amounts payable after more than one year | 17 | €167,690 | €158,051 | -€9,639 | -5.7% |
| Financial debts | 170/4 | €167,690 | €158,051 | -€9,639 | -5.7% |
| Amounts payable within one year | 42/48 | €23,322 | €11,925 | -€11,397 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | €9,217 | €9,639 | +€422 | +4.6% |
| Trade debts | 44 | €7,538 | €876 | -€6,662 | -88.4% |
| Suppliers | 440/4 | €7,538 | €876 | -€6,662 | -88.4% |
| Taxes, remuneration and social security | 45 | €4,647 | €1,410 | -€3,237 | -69.7% |
| Taxes | 450/3 | €4,647 | €1,410 | -€3,237 | -69.7% |
| Other amounts payable | 47/48 | €1,920 | - | -€1,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,785 | €19,193 | +€408 | +2.2% |
| Other operating charges | 640/8 | €772 | €399 | -€373 | -48.3% |
| Gross operating margin | 9900 | €12,374 | €26,764 | +€14,390 | +116.3% |
| Operating profit (loss) | 9901 | -€7,183 | €7,172 | +€14,355 | |
| Financial charges | 65/66B | €8,608 | €7,831 | -€777 | -9.0% |
| Recurring financial charges | 65 | €8,608 | €7,831 | -€777 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,791 | -€659 | +€15,132 | +95.8% |
| Profit (loss) for the period | 9904 | -€15,791 | -€659 | +€15,132 | +95.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,791 | -€659 | +€15,132 | +95.8% |
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 1 October 2026 via checked.be.