IMMO LENAERTS - JASPERS: 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.
What changed
IMMO LENAERTS - JASPERS
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€842,698
2024 · €5,304-€848,002
Equity
€448,473
2024 · €1.3m-€842,698
Cash
€5,053
2024 · €3,360+€1,693
Balance sheet total
€593,203
2024 · €1.4m-€833,647
Largest movements
Assets
- Receivables within one year -€415,982
down €415,982 (-63.0%), from €660,286 to €244,304
- Receivables after one year -€404,818
down €404,818 (-81.2%), from €498,818 to €94,000
- Tangible fixed assets -€15,226
down €15,226 (-5.8%), from €260,834 to €245,608
of which Land and buildings: -€16,733
Equity and liabilities
- Profit (loss) carried forward -€840,083
down €840,083 (-449%), from -€187,287 to -€1.0m
Income statement
- Write-downs +€854,108
new in 2025: €854,108
- Financial income -€13,415
down €13,415 (-46.0%), from €29,149 to €15,734
of which Non-recurring financial income: -€17,511
- Gross operating margin +€7,059
up €7,059 (+22.0%), from €32,091 to €39,150
- Other operating charges -€4,351
down €4,351 (-19.8%), from €21,973 to €17,623
- Financial charges -€1,080
down €1,080 (-10.8%), from €10,028 to €8,947
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.
Result 2024
€5,304
Gross operating margin
+€7,059
Depreciation
-€191
Write-downs
-€854,108
Other operating charges
+€4,351
Other operating items
+€6,700
Financial income
-€13,415
Financial charges
+€1,080
Taxes
+€521
Result 2025
-€842,698
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€14,415
Investment
-€3,025
Financing
-€9,696
Cash 2024
€3,360
From operations (derived)
+€14,415
Net result for the year
-€842,698
Depreciation
+€18,251
Receivables after one year
+€404,818
Receivables within one year
+€415,982
Smaller working-capital items
-€2,553
Trade debts
+€11,724
Other debts
+€8,890
Investment (derived)
-€3,025
Investment in fixed assets (net)
-€3,025
Financing
-€9,696
Debts after one year
-€9,696
Cash 2025
€5,053
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,426,851 | €593,203 | -€833,647 | -58.4% |
| Fixed assets | 21/28 | €262,044 | €246,818 | -€15,226 | -5.8% |
| Tangible fixed assets | 22/27 | €260,834 | €245,608 | -€15,226 | -5.8% |
| Land and buildings | 22 | €257,957 | €241,224 | -€16,733 | -6.5% |
| Plant, machinery and equipment | 23 | €340 | €2,718 | +€2,378 | +699% |
| Furniture and vehicles | 24 | €2,537 | €1,666 | -€871 | -34.3% |
| Financial fixed assets | 28 | €1,210 | €1,210 | = | 0.0% |
| Current assets | 29/58 | €1,164,807 | €346,385 | -€818,421 | -70.3% |
| Amounts receivable after more than one year | 29 | €498,818 | €94,000 | -€404,818 | -81.2% |
| Other amounts receivable | 291 | €498,818 | €94,000 | -€404,818 | -81.2% |
| Amounts receivable within one year | 40/41 | €660,286 | €244,304 | -€415,982 | -63.0% |
| Other amounts receivable | 41 | €660,286 | €244,304 | -€415,982 | -63.0% |
| Cash at bank and in hand | 54/58 | €3,360 | €5,053 | +€1,693 | +50.4% |
| Deferred charges and accrued income | 490/1 | €2,342 | €3,028 | +€686 | +29.3% |
| Total equity and liabilities | 10/49 | €1,426,851 | €593,203 | -€833,647 | -58.4% |
| Equity | 10/15 | €1,291,171 | €448,473 | -€842,698 | -65.3% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €478,458 | €475,843 | -€2,615 | -0.5% |
| Non-distributable reserves | 130/1 | €59,821 | €59,821 | = | 0.0% |
| Legal reserve | 130 | €59,821 | €59,821 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,969 | €27,354 | -€2,615 | -8.7% |
| Distributable reserves | 133 | €388,668 | €388,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,287 | -€1,027,370 | -€840,083 | -449% |
| Provisions and deferred taxes | 16 | €5,777 | €4,430 | -€1,346 | -23.3% |
| Deferred taxes | 168 | €5,777 | €4,430 | -€1,346 | -23.3% |
| Amounts payable | 17/49 | €129,903 | €140,300 | +€10,397 | +8.0% |
| Amounts payable after more than one year | 17 | €111,350 | €101,654 | -€9,696 | -8.7% |
| Financial debts | 170/4 | €111,350 | €101,654 | -€9,696 | -8.7% |
| Amounts payable within one year | 42/48 | €18,553 | €38,646 | +€20,093 | +108% |
| Trade debts | 44 | €7,657 | €19,381 | +€11,724 | +153% |
| Suppliers | 440/4 | €7,657 | €19,381 | +€11,724 | +153% |
| Taxes, remuneration and social security | 45 | €521 | - | -€521 | |
| Taxes | 450/3 | €521 | - | -€521 | |
| Other amounts payable | 47/48 | €10,375 | €19,265 | +€8,890 | +85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,060 | €18,251 | +€191 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €854,108 | +€854,108 | |
| Other operating charges | 640/8 | €21,973 | €17,623 | -€4,351 | -19.8% |
| Non-recurring operating charges | 66A | €6,700 | - | -€6,700 | |
| Gross operating margin | 9900 | €32,091 | €39,150 | +€7,059 | +22.0% |
| Operating profit (loss) | 9901 | -€14,643 | -€850,832 | -€836,189 | -5,711% |
| Financial income | 75/76B | €29,149 | €15,734 | -€13,415 | -46.0% |
| Recurring financial income | 75 | €11,638 | €15,734 | +€4,097 | +35.2% |
| Non-recurring financial income | 76B | €17,511 | - | -€17,511 | |
| Financial charges | 65/66B | €10,028 | €8,947 | -€1,080 | -10.8% |
| Recurring financial charges | 65 | €10,028 | €8,947 | -€1,080 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €4,479 | -€844,044 | -€848,523 | |
| Transfer from deferred taxes | 780 | €1,346 | €1,346 | = | 0.0% |
| Income taxes | 67/77 | €521 | - | -€521 | |
| Profit (loss) for the period | 9904 | €5,304 | -€842,698 | -€848,002 | |
| Transfer from tax-exempt reserves | 789 | €2,615 | €2,615 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,919 | -€840,083 | -€848,002 |
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.