IMMO LHOMME: 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 LHOMME
Largest movements
- Tangible fixed assets -€143,745
down €143,745 (-6.0%), from €2.4m to €2.3m
of which Land and buildings: -€105,024
- Receivables within one year -€138,223
down €138,223 (-23.0%), from €601,132 to €462,909
of which Trade receivables: -€506,666
- Debts after one year -€150,304
down €150,304 (-8.2%), from €1.8m to €1.7m
- Tax, wage and social debts -€131,911
down €131,911 (-75.7%), from €174,169 to €42,259
of which Taxes: -€135,570
- Gross operating margin -€139,605
down €139,605 (-32.4%), from €431,423 to €291,818
- Taxes -€50,896
down €50,896 (-83.6%), from €60,879 to €9,984
- Depreciation +€9,185
up €9,185 (+5.4%), from €170,649 to €179,834
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,107,690 | €2,806,844 | -€300,846 | -9.7% |
| Fixed assets | 21/28 | €2,433,235 | €2,282,082 | -€151,152 | -6.2% |
| Intangible fixed assets | 21 | €37,041 | €29,634 | -€7,407 | -20.0% |
| Tangible fixed assets | 22/27 | €2,396,193 | €2,252,448 | -€143,745 | -6.0% |
| Land and buildings | 22 | €2,147,196 | €2,042,172 | -€105,024 | -4.9% |
| Plant, machinery and equipment | 23 | €197,795 | €159,834 | -€37,962 | -19.2% |
| Furniture and vehicles | 24 | €51,202 | €50,443 | -€759 | -1.5% |
| Current assets | 29/58 | €674,455 | €524,761 | -€149,694 | -22.2% |
| Amounts receivable within one year | 40/41 | €601,132 | €462,909 | -€138,223 | -23.0% |
| Trade receivables | 40 | €601,132 | €94,466 | -€506,666 | -84.3% |
| Other amounts receivable | 41 | - | €368,443 | +€368,443 | |
| Cash at bank and in hand | 54/58 | €66,277 | €56,410 | -€9,867 | -14.9% |
| Deferred charges and accrued income | 490/1 | €7,046 | €5,443 | -€1,604 | -22.8% |
| Total equity and liabilities | 10/49 | €3,107,690 | €2,806,844 | -€300,846 | -9.7% |
| Equity | 10/15 | €977,790 | €997,178 | +€19,388 | +2.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €677,790 | €697,178 | +€19,388 | +2.9% |
| Distributable reserves | 133 | €677,790 | €697,178 | +€19,388 | +2.9% |
| Amounts payable | 17/49 | €2,129,900 | €1,809,665 | -€320,234 | -15.0% |
| Amounts payable after more than one year | 17 | €1,821,952 | €1,671,648 | -€150,304 | -8.2% |
| Financial debts | 170/4 | €1,821,952 | €1,671,648 | -€150,304 | -8.2% |
| Amounts payable within one year | 42/48 | €306,169 | €136,415 | -€169,755 | -55.4% |
| Current portion of amounts payable after more than one year | 42 | €109,153 | €90,504 | -€18,649 | -17.1% |
| Trade debts | 44 | €22,847 | €3,652 | -€19,194 | -84.0% |
| Suppliers | 440/4 | €22,847 | €3,652 | -€19,194 | -84.0% |
| Taxes, remuneration and social security | 45 | €174,169 | €42,259 | -€131,911 | -75.7% |
| Taxes | 450/3 | €168,880 | €33,310 | -€135,570 | -80.3% |
| Remuneration and social security | 454/9 | €5,289 | €8,948 | +€3,659 | +69.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,778 | €1,602 | -€176 | -9.9% |
| Remuneration, social security and pensions | 62 | €39,396 | €41,597 | +€2,201 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,649 | €179,834 | +€9,185 | +5.4% |
| Other operating charges | 640/8 | €28,206 | €29,460 | +€1,255 | +4.4% |
| Gross operating margin | 9900 | €431,423 | €291,818 | -€139,605 | -32.4% |
| Operating profit (loss) | 9901 | €193,172 | €40,926 | -€152,246 | -78.8% |
| Financial income | 75/76B | €0 | €3,336 | +€3,336 | |
| Recurring financial income | 75 | €0 | €3,336 | +€3,336 | |
| Financial charges | 65/66B | €15,762 | €14,891 | -€871 | -5.5% |
| Recurring financial charges | 65 | €15,762 | €14,891 | -€871 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €177,410 | €29,372 | -€148,038 | -83.4% |
| Income taxes | 67/77 | €60,879 | €9,984 | -€50,896 | -83.6% |
| Profit (loss) for the period | 9904 | €116,531 | €19,388 | -€97,142 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €116,531 | €19,388 | -€97,142 | -83.4% |
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 31 October 2026 via checked.be.