IMMO LEDUC DE HAMONT: 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 LEDUC DE HAMONT
Largest movements
- Tangible fixed assets -€425,427
down €425,427 (-27.8%), from €1.5m to €1.1m
of which Land and buildings: -€426,423
- Cash +€330,379
up €330,379 (+485%), from €68,134 to €398,513
mainly Investment in fixed assets (net) (+€425,427) and Net result for the year (+€130,528)
- Receivables within one year -€63,377
down €63,377 (-1.6%), from €3.9m to €3.8m
of which Other amounts receivable: -€63,377
- Other debts -€220,646
down €220,646 (-5.8%), from €3.8m to €3.6m
- Reserves +€130,528
up €130,528 (+2,106%), from €6,197 to €136,725
of which Distributable reserves: +€130,528
- Tax, wage and social debts -€91,166
down €91,166 (-59.3%), from €153,712 to €62,546
- Other operating charges -€179,332
down €179,332 (-96.9%), from €185,088 to €5,756
- Taxes +€62,546
new in 2025: €62,546
- Depreciation -€50,274
no longer reported in 2025 (was €50,274)
- Gross operating margin +€21,522
up €21,522 (+12.1%), from €177,500 to €199,023
- Financial income -€14,377
no longer reported in 2025 (was €14,377)
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 | €5,512,228 | €5,339,427 | -€172,802 | -3.1% |
| Fixed assets | 21/28 | €1,532,893 | €1,107,466 | -€425,427 | -27.8% |
| Tangible fixed assets | 22/27 | €1,532,893 | €1,107,466 | -€425,427 | -27.8% |
| Land and buildings | 22 | €1,532,893 | €1,106,470 | -€426,423 | -27.8% |
| Furniture and vehicles | 24 | - | €996 | +€996 | |
| Current assets | 29/58 | €3,979,335 | €4,231,960 | +€252,625 | +6.3% |
| Stocks and contracts in progress | 3 | €33,775 | €33,775 | = | 0.0% |
| Stocks | 30/36 | €33,775 | €33,775 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,863,049 | €3,799,672 | -€63,377 | -1.6% |
| Trade receivables | 40 | €16,615 | €16,615 | = | 0.0% |
| Other amounts receivable | 41 | €3,846,434 | €3,783,057 | -€63,377 | -1.6% |
| Cash at bank and in hand | 54/58 | €68,134 | €398,513 | +€330,379 | +485% |
| Deferred charges and accrued income | 490/1 | €14,377 | - | -€14,377 | |
| Total equity and liabilities | 10/49 | €5,512,228 | €5,339,427 | -€172,802 | -3.1% |
| Equity | 10/15 | €1,557,108 | €1,687,636 | +€130,528 | +8.4% |
| Contributions | 10/11 | €1,271,973 | €1,271,973 | = | 0.0% |
| Capital | 10 | €1,213,213 | €1,213,213 | = | 0.0% |
| Issued capital | 100 | €1,213,213 | €1,213,213 | = | 0.0% |
| Contributions outside capital | 11 | €58,761 | €58,761 | = | 0.0% |
| Share premium | 1100/10 | €58,761 | €58,761 | = | 0.0% |
| Reserves | 13 | €6,197 | €136,725 | +€130,528 | +2,106% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | - | €130,528 | +€130,528 | |
| Profit (loss) carried forward | 14 | €278,938 | €278,938 | = | 0.0% |
| Amounts payable | 17/49 | €3,955,120 | €3,651,791 | -€303,329 | -7.7% |
| Amounts payable after more than one year | 17 | €7,680 | €7,680 | = | 0.0% |
| Other amounts payable | 178/9 | €7,680 | €7,680 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,947,440 | €3,644,111 | -€303,329 | -7.7% |
| Trade debts | 44 | €7,153 | €15,636 | +€8,483 | +119% |
| Suppliers | 440/4 | €7,153 | €15,636 | +€8,483 | +119% |
| Taxes, remuneration and social security | 45 | €153,712 | €62,546 | -€91,166 | -59.3% |
| Taxes | 450/3 | €153,712 | €62,546 | -€91,166 | -59.3% |
| Other amounts payable | 47/48 | €3,786,575 | €3,565,929 | -€220,646 | -5.8% |
| Non-recurring operating income | 76A | €37,980 | €178,718 | +€140,737 | +371% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,274 | - | -€50,274 | |
| Other operating charges | 640/8 | €185,088 | €5,756 | -€179,332 | -96.9% |
| Gross operating margin | 9900 | €177,500 | €199,023 | +€21,522 | +12.1% |
| Operating profit (loss) | 9901 | -€57,862 | €193,266 | +€251,128 | |
| Financial income | 75/76B | €14,377 | - | -€14,377 | |
| Recurring financial income | 75 | €14,377 | - | -€14,377 | |
| Financial charges | 65/66B | €463 | €193 | -€271 | -58.4% |
| Recurring financial charges | 65 | €463 | €193 | -€271 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,948 | €193,074 | +€237,022 | |
| Transfer from deferred taxes | 780 | €36,132 | - | -€36,132 | |
| Income taxes | 67/77 | - | €62,546 | +€62,546 | |
| Profit (loss) for the period | 9904 | -€7,816 | €130,528 | +€138,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,816 | €130,528 | +€138,344 |
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 30 October 2026 via checked.be.