IMMO LEPERCQ: 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 LEPERCQ
Largest movements
- Receivables within one year +€31,224
up €31,224 (+85.5%), from €36,503 to €67,727
of which Trade receivables: +€40,712
- Tangible fixed assets -€25,000
down €25,000 (-5.2%), from €482,836 to €457,836
- Deferred charges and accrued income -€5,454
down €5,454 (-98.3%), from €5,548 to €94
- Current portion of long-term debt -€29,167
down €29,167 (-29.9%), from €97,612 to €68,445
- Trade debts +€7,559
up €7,559 (+5.7%), from €132,670 to €140,229
- Other debts +€6,858
up €6,858 (+14.8%), from €46,328 to €53,186
- Tax, wage and social debts +€6,835
up €6,835, from €0 to €6,835
- Accrued charges and deferred income +€5,305
up €5,305, from €0 to €5,305
- Gross operating margin -€40,937
down €40,937 (-43.0%), from €95,195 to €54,258
- Taxes -€11,221
down €11,221 (-90.6%), from €12,390 to €1,169
- Depreciation +€9,973
up €9,973 (+66.4%), from €15,027 to €25,000
- Financial charges -€6,729
down €6,729 (-34.1%), from €19,733 to €13,005
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 | €525,618 | €526,489 | +€871 | +0.2% |
| Fixed assets | 21/28 | €482,836 | €457,836 | -€25,000 | -5.2% |
| Tangible fixed assets | 22/27 | €482,836 | €457,836 | -€25,000 | -5.2% |
| Land and buildings | 22 | €482,836 | €457,836 | -€25,000 | -5.2% |
| Current assets | 29/58 | €42,782 | €68,653 | +€25,871 | +60.5% |
| Amounts receivable within one year | 40/41 | €36,503 | €67,727 | +€31,224 | +85.5% |
| Trade receivables | 40 | €10,301 | €51,014 | +€40,712 | +395.2% |
| Other amounts receivable | 41 | €26,201 | €16,714 | -€9,488 | -36.2% |
| Cash at bank and in hand | 54/58 | €731 | €831 | +€100 | +13.7% |
| Deferred charges and accrued income | 490/1 | €5,548 | €94 | -€5,454 | -98.3% |
| Total equity and liabilities | 10/49 | €525,618 | €526,489 | +€871 | +0.2% |
| Equity | 10/15 | €243,888 | €247,394 | +€3,506 | +1.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €218,888 | €222,394 | +€3,506 | +1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,091 | €18,091 | = | 0.0% |
| Distributable reserves | 133 | €200,797 | €204,303 | +€3,506 | +1.7% |
| Amounts payable | 17/49 | €281,730 | €279,094 | -€2,635 | -0.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €281,730 | €273,790 | -€7,940 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €97,612 | €68,445 | -€29,167 | -29.9% |
| Financial debts | 43 | €5,120 | €5,094 | -€25 | -0.5% |
| Credit institutions | 430/8 | €5,120 | €5,094 | -€25 | -0.5% |
| Trade debts | 44 | €132,670 | €140,229 | +€7,559 | +5.7% |
| Suppliers | 440/4 | €132,670 | €140,229 | +€7,559 | +5.7% |
| Taxes, remuneration and social security | 45 | €0 | €6,835 | +€6,835 | |
| Taxes | 450/3 | €0 | €6,835 | +€6,835 | |
| Other amounts payable | 47/48 | €46,328 | €53,186 | +€6,858 | +14.8% |
| Accrued charges and deferred income | 492/3 | €0 | €5,305 | +€5,305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,027 | €25,000 | +€9,973 | +66.4% |
| Other operating charges | 640/8 | €10,876 | €11,579 | +€703 | +6.5% |
| Gross operating margin | 9900 | €95,195 | €54,258 | -€40,937 | -43.0% |
| Operating profit (loss) | 9901 | €69,292 | €17,679 | -€51,613 | -74.5% |
| Financial charges | 65/66B | €19,733 | €13,005 | -€6,729 | -34.1% |
| Recurring financial charges | 65 | €19,733 | €13,005 | -€6,729 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €49,559 | €4,675 | -€44,884 | -90.6% |
| Income taxes | 67/77 | €12,390 | €1,169 | -€11,221 | -90.6% |
| Profit (loss) for the period | 9904 | €37,169 | €3,506 | -€33,663 | -90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,169 | €3,506 | -€33,663 | -90.6% |
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 5 October 2026 via checked.be.