IMMO LEROUX: 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 LEROUX
Largest movements
- Tangible fixed assets +€942,168
up €942,168 (+750.7%), from €125,513 to €1.1m
of which Assets under construction and advance payments: +€872,680
- Cash +€84,742
up €84,742 (+452.6%), from €18,721 to €103,463
mainly Other debts (+€490,423) and Net result for the year (+€389,357)
- Other debts +€490,423
new in 2025: €490,423
- Reserves +€389,357
up €389,357 (+322.1%), from €120,875 to €510,233
of which Tax-exempt reserves: +€447,103
- Provisions +€149,034
new in 2025: €149,034
- Gross operating margin +€583,678
up €583,678, from -€1,844 to €581,834
- Depreciation +€32,594
up €32,594 (+390.1%), from €8,356 to €40,950
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 | €146,428 | €1,171,144 | +€1.0m | +699.8% |
| Fixed assets | 21/28 | €125,513 | €1,067,680 | +€942,168 | +750.7% |
| Tangible fixed assets | 22/27 | €125,513 | €1,067,680 | +€942,168 | +750.7% |
| Land and buildings | 22 | €125,513 | €195,000 | +€69,487 | +55.4% |
| Assets under construction and advance payments | 27 | - | €872,680 | +€872,680 | |
| Current assets | 29/58 | €20,915 | €103,463 | +€82,548 | +394.7% |
| Amounts receivable within one year | 40/41 | €1,354 | €0 | -€1,354 | -100.0% |
| Trade receivables | 40 | €499 | €0 | -€499 | -100.0% |
| Other amounts receivable | 41 | €854 | €0 | -€854 | -100.0% |
| Cash at bank and in hand | 54/58 | €18,721 | €103,463 | +€84,742 | +452.6% |
| Deferred charges and accrued income | 490/1 | €840 | €0 | -€840 | -100.0% |
| Total equity and liabilities | 10/49 | €146,428 | €1,171,144 | +€1.0m | +699.8% |
| Equity | 10/15 | €139,875 | €529,233 | +€389,357 | +278.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €120,875 | €510,233 | +€389,357 | +322.1% |
| Tax-exempt reserves | 132 | - | €447,103 | +€447,103 | |
| Distributable reserves | 133 | €120,875 | €63,129 | -€57,746 | -47.8% |
| Provisions and deferred taxes | 16 | - | €149,034 | +€149,034 | |
| Deferred taxes | 168 | - | €149,034 | +€149,034 | |
| Amounts payable | 17/49 | €6,553 | €492,877 | +€486,324 | +7421.4% |
| Amounts payable within one year | 42/48 | €6,553 | €492,877 | +€486,324 | +7421.4% |
| Trade debts | 44 | €3,874 | €2,454 | -€1,420 | -36.7% |
| Suppliers | 440/4 | €3,874 | €2,454 | -€1,420 | -36.7% |
| Taxes, remuneration and social security | 45 | €2,679 | €0 | -€2,679 | -100.0% |
| Taxes | 450/3 | €2,679 | €0 | -€2,679 | -100.0% |
| Other amounts payable | 47/48 | - | €490,423 | +€490,423 | |
| Non-recurring operating income | 76A | - | €624,487 | +€624,487 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,356 | €40,950 | +€32,594 | +390.1% |
| Other operating charges | 640/8 | €3,433 | €461 | -€2,971 | -86.6% |
| Gross operating margin | 9900 | -€1,844 | €581,834 | +€583,678 | |
| Operating profit (loss) | 9901 | -€13,632 | €540,423 | +€554,055 | |
| Financial income | 75/76B | - | €766 | +€766 | |
| Recurring financial income | 75 | - | €766 | +€766 | |
| Financial charges | 65/66B | - | €2,797 | +€2,797 | |
| Recurring financial charges | 65 | - | €2,797 | +€2,797 | |
| Profit (loss) for the period before taxes | 9903 | -€13,632 | €538,392 | +€552,024 | |
| Transfer to deferred taxes | 680 | - | €149,034 | +€149,034 | |
| Profit (loss) for the period | 9904 | -€13,632 | €389,357 | +€402,990 | |
| Transfer to tax-exempt reserves | 689 | - | €447,103 | +€447,103 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,632 | -€57,746 | -€44,114 | -323.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.