IMMO LEZAR: 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 LEZAR
Largest movements
- Cash +€5,305
up €5,305 (+89.8%), from €5,908 to €11,214
mainly Net result for the year (+€10,277) and Depreciation (+€5,948)
- Tangible fixed assets -€5,156
down €5,156 (-4.3%), from €121,143 to €115,987
of which Land and buildings: -€5,326
- Debts after one year -€12,146
down €12,146 (-30.4%), from €39,923 to €27,777
- Profit (loss) carried forward +€10,277
up €10,277 (+43.7%), from -€23,509 to -€13,232
- Current portion of long-term debt +€1,636
up €1,636 (+15.6%), from €10,510 to €12,146
- Gross operating margin +€583
up €583 (+2.5%), from €22,956 to €23,539
- Financial charges +€455
up €455 (+12.5%), from €3,643 to €4,097
- Depreciation +€366
up €366 (+6.6%), from €5,582 to €5,948
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 | €128,413 | €127,488 | -€925 | -0.7% |
| Fixed assets | 21/28 | €121,143 | €115,987 | -€5,156 | -4.3% |
| Tangible fixed assets | 22/27 | €121,143 | €115,987 | -€5,156 | -4.3% |
| Land and buildings | 22 | €118,122 | €112,796 | -€5,326 | -4.5% |
| Plant, machinery and equipment | 23 | €3,021 | €3,192 | +€170 | +5.6% |
| Current assets | 29/58 | €7,270 | €11,501 | +€4,230 | +58.2% |
| Amounts receivable within one year | 40/41 | €1,092 | - | -€1,092 | |
| Trade receivables | 40 | €1,092 | - | -€1,092 | |
| Cash at bank and in hand | 54/58 | €5,908 | €11,214 | +€5,305 | +89.8% |
| Deferred charges and accrued income | 490/1 | €270 | €287 | +€17 | +6.1% |
| Total equity and liabilities | 10/49 | €128,413 | €127,488 | -€925 | -0.7% |
| Equity | 10/15 | -€4,909 | €5,368 | +€10,277 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,509 | -€13,232 | +€10,277 | +43.7% |
| Amounts payable | 17/49 | €133,323 | €122,120 | -€11,202 | -8.4% |
| Amounts payable after more than one year | 17 | €39,923 | €27,777 | -€12,146 | -30.4% |
| Financial debts | 170/4 | €39,923 | €27,777 | -€12,146 | -30.4% |
| Amounts payable within one year | 42/48 | €92,700 | €93,949 | +€1,249 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €10,510 | €12,146 | +€1,636 | +15.6% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Other amounts payable | 47/48 | €81,802 | €81,802 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €700 | €395 | -€305 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,582 | €5,948 | +€366 | +6.6% |
| Other operating charges | 640/8 | €3,118 | €3,216 | +€98 | +3.1% |
| Gross operating margin | 9900 | €22,956 | €23,539 | +€583 | +2.5% |
| Operating profit (loss) | 9901 | €14,256 | €14,374 | +€119 | +0.8% |
| Financial charges | 65/66B | €3,643 | €4,097 | +€455 | +12.5% |
| Recurring financial charges | 65 | €3,643 | €4,097 | +€455 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €10,613 | €10,277 | -€336 | -3.2% |
| Profit (loss) for the period | 9904 | €10,613 | €10,277 | -€336 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,613 | €10,277 | -€336 | -3.2% |
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 3 October 2026 via checked.be.