IMMO LESDAIN: what changed
IMMO LESDAIN
Largest movements
- Tangible fixed assets -€9,237
down €9,237 (-3.3%), from €282,429 to €273,192
- Cash +€3,616
up €3,616 (+226%), from €1,599 to €5,215
mainly Net result for the year (+€12,839) and Depreciation (+€9,237)
- Debts after one year -€25,182
down €25,182 (-24.2%), from €104,265 to €79,083
- Reserves +€12,800
up €12,800 (+38.1%), from €33,621 to €46,421
of which Distributable reserves: +€12,800
- Tax, wage and social debts +€6,420
up €6,420 (+174%), from €3,694 to €10,114
- Gross operating margin +€4,208
up €4,208 (+12.9%), from €32,536 to €36,743
- Taxes +€2,726
up €2,726 (+73.8%), from €3,694 to €6,420
- Other operating charges -€1,497
down €1,497 (-46.4%), from €3,228 to €1,731
- Depreciation -€1,329
down €1,329 (-12.6%), from €10,566 to €9,237
- Financial charges -€1,311
down €1,311 (-16.7%), from €7,827 to €6,516
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 | €284,965 | €278,773 | -€6,192 | -2.2% |
| Fixed assets | 21/28 | €282,429 | €273,192 | -€9,237 | -3.3% |
| Tangible fixed assets | 22/27 | €282,429 | €273,192 | -€9,237 | -3.3% |
| Land and buildings | 22 | €282,429 | €273,192 | -€9,237 | -3.3% |
| Current assets | 29/58 | €2,536 | €5,581 | +€3,045 | +120% |
| Amounts receivable within one year | 40/41 | €590 | - | -€590 | |
| Other amounts receivable | 41 | €590 | - | -€590 | |
| Cash at bank and in hand | 54/58 | €1,599 | €5,215 | +€3,616 | +226% |
| Deferred charges and accrued income | 490/1 | €347 | €366 | +€19 | +5.5% |
| Total equity and liabilities | 10/49 | €284,965 | €278,773 | -€6,192 | -2.2% |
| Equity | 10/15 | €70,492 | €83,331 | +€12,839 | +18.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €33,621 | €46,421 | +€12,800 | +38.1% |
| Non-distributable reserves | 130/1 | €531 | €531 | = | 0.0% |
| Reserves not available under the articles | 1311 | €531 | €531 | = | 0.0% |
| Distributable reserves | 133 | €33,090 | €45,890 | +€12,800 | +38.7% |
| Profit (loss) carried forward | 14 | €16,871 | €16,910 | +€39 | +0.2% |
| Amounts payable | 17/49 | €214,472 | €195,442 | -€19,031 | -8.9% |
| Amounts payable after more than one year | 17 | €104,265 | €79,083 | -€25,182 | -24.2% |
| Financial debts | 170/4 | €104,265 | €79,083 | -€25,182 | -24.2% |
| Amounts payable within one year | 42/48 | €110,207 | €116,358 | +€6,152 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €25,143 | €25,182 | +€39 | +0.2% |
| Trade debts | 44 | €894 | €1,162 | +€267 | +29.9% |
| Suppliers | 440/4 | €894 | €1,162 | +€267 | +29.9% |
| Taxes, remuneration and social security | 45 | €3,694 | €10,114 | +€6,420 | +174% |
| Taxes | 450/3 | €3,694 | €10,114 | +€6,420 | +174% |
| Other amounts payable | 47/48 | €80,476 | €79,901 | -€575 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,566 | €9,237 | -€1,329 | -12.6% |
| Other operating charges | 640/8 | €3,228 | €1,731 | -€1,497 | -46.4% |
| Gross operating margin | 9900 | €32,536 | €36,743 | +€4,208 | +12.9% |
| Operating profit (loss) | 9901 | €18,741 | €25,775 | +€7,034 | +37.5% |
| Financial charges | 65/66B | €7,827 | €6,516 | -€1,311 | -16.7% |
| Recurring financial charges | 65 | €7,827 | €6,516 | -€1,311 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €10,914 | €19,258 | +€8,345 | +76.5% |
| Income taxes | 67/77 | €3,694 | €6,420 | +€2,726 | +73.8% |
| Profit (loss) for the period | 9904 | €7,220 | €12,839 | +€5,619 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,220 | €12,839 | +€5,619 | +77.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.