IMMO LEFEBVRE: what changed
IMMO LEFEBVRE
Largest movements
- Tangible fixed assets -€24,801
down €24,801 (-10.3%), from €240,962 to €216,161
- Cash +€11,456
up €11,456 (+2,317%), from €494 to €11,950
mainly Depreciation (+€24,801) and Other debts (+€5,593)
- Receivables within one year -€4,130
down €4,130 (-12.1%), from €34,062 to €29,932
- Current portion of long-term debt -€20,500
no longer reported in 2025 (was €20,500)
- Accrued charges and deferred income -€7,701
no longer reported in 2025 (was €7,701)
- Other debts +€5,593
up €5,593 (+3.9%), from €142,910 to €148,502
- Reserves +€3,500
up €3,500 (+4.3%), from €82,000 to €85,500
of which Distributable reserves: +€3,500
- Gross operating margin -€15,596
down €15,596 (-32.7%), from €47,727 to €32,130
- Financial charges -€9,177
down €9,177 (-96.6%), from €9,505 to €327
- Taxes -€1,437
down €1,437 (-54.1%), from €2,654 to €1,218
- Depreciation -€746
down €746 (-2.9%), from €25,547 to €24,801
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,913 | €258,457 | -€17,456 | -6.3% |
| Fixed assets | 21/28 | €240,962 | €216,161 | -€24,801 | -10.3% |
| Tangible fixed assets | 22/27 | €240,962 | €216,161 | -€24,801 | -10.3% |
| Land and buildings | 22 | €240,962 | €216,161 | -€24,801 | -10.3% |
| Current assets | 29/58 | €34,952 | €42,296 | +€7,344 | +21.0% |
| Amounts receivable within one year | 40/41 | €34,062 | €29,932 | -€4,130 | -12.1% |
| Other amounts receivable | 41 | €34,062 | €29,932 | -€4,130 | -12.1% |
| Cash at bank and in hand | 54/58 | €494 | €11,950 | +€11,456 | +2,317% |
| Deferred charges and accrued income | 490/1 | €396 | €414 | +€18 | +4.7% |
| Total equity and liabilities | 10/49 | €275,913 | €258,457 | -€17,456 | -6.3% |
| Equity | 10/15 | €102,182 | €105,835 | +€3,653 | +3.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €82,000 | €85,500 | +€3,500 | +4.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €83,500 | +€3,500 | +4.4% |
| Profit (loss) carried forward | 14 | €182 | €335 | +€153 | +84.2% |
| Amounts payable | 17/49 | €173,731 | €152,621 | -€21,110 | -12.2% |
| Amounts payable within one year | 42/48 | €166,030 | €152,621 | -€13,409 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €20,500 | - | -€20,500 | |
| Financial debts | 43 | €1,692 | €2,934 | +€1,242 | +73.4% |
| Credit institutions | 430/8 | €1,692 | €2,934 | +€1,242 | +73.4% |
| Trade debts | 44 | €929 | €1,120 | +€191 | +20.6% |
| Suppliers | 440/4 | €929 | €1,120 | +€191 | +20.6% |
| Taxes, remuneration and social security | 45 | - | €65 | +€65 | |
| Taxes | 450/3 | - | €65 | +€65 | |
| Other amounts payable | 47/48 | €142,910 | €148,502 | +€5,593 | +3.9% |
| Accrued charges and deferred income | 492/3 | €7,701 | - | -€7,701 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,547 | €24,801 | -€746 | -2.9% |
| Other operating charges | 640/8 | €2,057 | €2,131 | +€74 | +3.6% |
| Gross operating margin | 9900 | €47,727 | €32,130 | -€15,596 | -32.7% |
| Operating profit (loss) | 9901 | €20,122 | €5,198 | -€14,924 | -74.2% |
| Financial charges | 65/66B | €9,505 | €327 | -€9,177 | -96.6% |
| Recurring financial charges | 65 | €9,505 | €327 | -€9,177 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €10,618 | €4,871 | -€5,747 | -54.1% |
| Income taxes | 67/77 | €2,654 | €1,218 | -€1,437 | -54.1% |
| Profit (loss) for the period | 9904 | €7,963 | €3,653 | -€4,310 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,963 | €3,653 | -€4,310 | -54.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.