IMMO LHD: 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.
IMMO LHD
Largest movements
- Tangible fixed assets -€10,475
down €10,475 (-2.8%), from €378,547 to €368,071
- Debts after one year -€46,423
down €46,423 (-20.8%), from €223,298 to €176,876
- Other debts +€30,486
up €30,486 (+41.2%), from €73,943 to €104,429
- Financial charges -€2,744
down €2,744 (-26.9%), from €10,196 to €7,453
- Gross operating margin -€2,137
down €2,137 (-5.1%), from €41,763 to €39,627
- Depreciation +€1,704
up €1,704 (+6.7%), from €25,608 to €27,311
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 | €389,982 | €375,744 | -€14,238 | -3.7% |
| Fixed assets | 21/28 | €378,547 | €368,071 | -€10,475 | -2.8% |
| Tangible fixed assets | 22/27 | €378,547 | €368,071 | -€10,475 | -2.8% |
| Land and buildings | 22 | €378,547 | €368,071 | -€10,475 | -2.8% |
| Current assets | 29/58 | €11,435 | €7,673 | -€3,762 | -32.9% |
| Cash at bank and in hand | 54/58 | €9,169 | €5,377 | -€3,791 | -41.3% |
| Deferred charges and accrued income | 490/1 | €2,266 | €2,295 | +€29 | +1.3% |
| Total equity and liabilities | 10/49 | €389,982 | €375,744 | -€14,238 | -3.7% |
| Equity | 10/15 | €46,572 | €47,367 | +€794 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,972 | €28,767 | +€794 | +2.8% |
| Distributable reserves | 133 | €27,972 | €28,767 | +€794 | +2.8% |
| Amounts payable | 17/49 | €343,409 | €328,377 | -€15,032 | -4.4% |
| Amounts payable after more than one year | 17 | €223,298 | €176,876 | -€46,423 | -20.8% |
| Financial debts | 170/4 | €223,298 | €176,876 | -€46,423 | -20.8% |
| Amounts payable within one year | 42/48 | €120,111 | €151,502 | +€31,391 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €45,198 | €46,423 | +€1,225 | +2.7% |
| Trade debts | 44 | €470 | €400 | -€70 | -14.9% |
| Suppliers | 440/4 | €470 | €400 | -€70 | -14.9% |
| Taxes, remuneration and social security | 45 | €500 | €250 | -€250 | -50.0% |
| Taxes | 450/3 | €500 | €250 | -€250 | -50.0% |
| Other amounts payable | 47/48 | €73,943 | €104,429 | +€30,486 | +41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,608 | €27,311 | +€1,704 | +6.7% |
| Other operating charges | 640/8 | €3,714 | €3,831 | +€117 | +3.1% |
| Gross operating margin | 9900 | €41,763 | €39,627 | -€2,137 | -5.1% |
| Operating profit (loss) | 9901 | €12,441 | €8,484 | -€3,957 | -31.8% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €10,196 | €7,453 | -€2,744 | -26.9% |
| Recurring financial charges | 65 | €10,196 | €7,453 | -€2,744 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €2,265 | €1,032 | -€1,233 | -54.4% |
| Income taxes | 67/77 | €505 | €237 | -€268 | -53.1% |
| Profit (loss) for the period | 9904 | €1,759 | €794 | -€965 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,759 | €794 | -€965 | -54.8% |
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 12 October 2026 via checked.be.