Immo LG: 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 LG
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9,610
2024 · €5,834+€3,776
Equity
€665,583
2024 · €655,974+€9,610
Cash
€10,391
2024 · €12,171-€1,780
Balance sheet total
€669,069
2024 · €658,266+€10,803
Largest movements
Assets
- Receivables within one year +€9,213
new in 2025: €9,213
Equity and liabilities
- Profit (loss) carried forward +€9,610
up €9,610 (+7.3%), from -€131,754 to -€122,144
Income statement
- Gross operating margin +€3,794
up €3,794 (+31.1%), from €12,187 to €15,981
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
€5,834
Gross operating margin
+€3,794
Depreciation
-€46
Other operating charges
-€105
Financial income
+€127
Financial charges
+€6
Result 2025
€9,610
raises the resultlowers the result
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
+€1,636
Investment
-€3,416
Financing
€0
Cash 2024
€12,171
From operations (derived)
+€1,636
Net result for the year
+€9,610
Depreciation
+€46
Receivables within one year
-€9,213
Trade debts
+€36
Other debts
-€793
Accrued charges and deferred income
+€1,950
Investment (derived)
-€3,416
Investment in fixed assets (net)
-€3,416
Cash 2025
€10,391
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €658,266 | €669,069 | +€10,803 | +1.6% |
| Fixed assets | 21/28 | €646,095 | €649,465 | +€3,370 | +0.5% |
| Tangible fixed assets | 22/27 | €646,095 | €649,465 | +€3,370 | +0.5% |
| Land and buildings | 22 | €532,095 | €535,465 | +€3,370 | +0.6% |
| Other tangible fixed assets | 26 | €114,000 | €114,000 | = | 0.0% |
| Current assets | 29/58 | €12,171 | €19,604 | +€7,433 | +61.1% |
| Amounts receivable within one year | 40/41 | - | €9,213 | +€9,213 | |
| Other amounts receivable | 41 | - | €9,213 | +€9,213 | |
| Cash at bank and in hand | 54/58 | €12,171 | €10,391 | -€1,780 | -14.6% |
| Total equity and liabilities | 10/49 | €658,266 | €669,069 | +€10,803 | +1.6% |
| Equity | 10/15 | €655,974 | €665,583 | +€9,610 | +1.5% |
| Contributions | 10/11 | €724,357 | €724,357 | = | 0.0% |
| Reserves | 13 | €63,371 | €63,371 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,887 | €3,887 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,887 | €3,887 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,274 | €4,274 | = | 0.0% |
| Distributable reserves | 133 | €55,210 | €55,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,754 | -€122,144 | +€9,610 | +7.3% |
| Amounts payable | 17/49 | €2,293 | €3,486 | +€1,193 | +52.0% |
| Amounts payable within one year | 42/48 | €2,293 | €1,536 | -€757 | -33.0% |
| Trade debts | 44 | - | €36 | +€36 | |
| Suppliers | 440/4 | - | €36 | +€36 | |
| Other amounts payable | 47/48 | €2,293 | €1,500 | -€793 | -34.6% |
| Accrued charges and deferred income | 492/3 | - | €1,950 | +€1,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €46 | +€46 | |
| Other operating charges | 640/8 | €6,293 | €6,398 | +€105 | +1.7% |
| Gross operating margin | 9900 | €12,187 | €15,981 | +€3,794 | +31.1% |
| Operating profit (loss) | 9901 | €5,894 | €9,537 | +€3,643 | +61.8% |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €60 | €54 | -€6 | -10.0% |
| Recurring financial charges | 65 | €60 | €54 | -€6 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €5,834 | €9,610 | +€3,776 | +64.7% |
| Profit (loss) for the period | 9904 | €5,834 | €9,610 | +€3,776 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,834 | €9,610 | +€3,776 | +64.7% |
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 26 October 2026 via checked.be.