IMMO-LHONNEUX: 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-LHONNEUX
Largest movements
- Deferred charges and accrued income +€18,495
up €18,495, from €0 to €18,495
- Receivables within one year -€8,655
down €8,655 (-33.8%), from €25,579 to €16,924
of which Other amounts receivable: -€8,884
- Stocks and contracts -€8,228
down €8,228 (-13.0%), from €63,465 to €55,237
- Tangible fixed assets -€3,389
down €3,389 (-7.2%), from €47,038 to €43,649
of which Furniture and vehicles: -€2,169
- Cash +€2,524
up €2,524 (+20.2%), from €12,501 to €15,025
mainly Net result for the year (+€27,738) and Receivables within one year (+€8,655)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€18,321
up €18,321 (+70.9%), from €25,830 to €44,151
- Taxes +€3,526
up €3,526 (+50.5%), from €6,983 to €10,509
- Depreciation -€1,199
down €1,199 (-26.1%), from €4,588 to €3,389
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 | €158,824 | €159,585 | +€761 | +0.5% |
| Fixed assets | 21/28 | €47,278 | €43,889 | -€3,389 | -7.2% |
| Tangible fixed assets | 22/27 | €47,038 | €43,649 | -€3,389 | -7.2% |
| Land and buildings | 22 | €43,520 | €42,637 | -€883 | -2.0% |
| Plant, machinery and equipment | 23 | €1,350 | €1,012 | -€338 | -25.0% |
| Furniture and vehicles | 24 | €2,169 | €0 | -€2,169 | -100% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €111,546 | €115,696 | +€4,150 | +3.7% |
| Stocks and contracts in progress | 3 | €63,465 | €55,237 | -€8,228 | -13.0% |
| Stocks | 30/36 | €63,465 | €55,237 | -€8,228 | -13.0% |
| Amounts receivable within one year | 40/41 | €25,579 | €16,924 | -€8,655 | -33.8% |
| Trade receivables | 40 | €14,661 | €14,890 | +€229 | +1.6% |
| Other amounts receivable | 41 | €10,918 | €2,034 | -€8,884 | -81.4% |
| Current investments | 50/53 | €10,001 | €10,015 | +€14 | +0.1% |
| Cash at bank and in hand | 54/58 | €12,501 | €15,025 | +€2,524 | +20.2% |
| Deferred charges and accrued income | 490/1 | €0 | €18,495 | +€18,495 | |
| Total equity and liabilities | 10/49 | €158,824 | €159,585 | +€761 | +0.5% |
| Equity | 10/15 | €144,316 | €144,316 | = | 0.0% |
| Contributions | 10/11 | €64,413 | €64,413 | = | 0.0% |
| Reserves | 13 | €44,154 | €44,154 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €42,654 | €42,654 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,749 | €35,749 | = | 0.0% |
| Amounts payable | 17/49 | €14,508 | €15,269 | +€761 | +5.2% |
| Amounts payable after more than one year | 17 | €2,210 | €2,200 | -€10 | -0.5% |
| Other amounts payable | 178/9 | €2,210 | €2,200 | -€10 | -0.5% |
| Amounts payable within one year | 42/48 | €12,298 | €13,069 | +€771 | +6.3% |
| Trade debts | 44 | €1,255 | €451 | -€804 | -64.1% |
| Suppliers | 440/4 | €1,255 | €451 | -€804 | -64.1% |
| Taxes, remuneration and social security | 45 | €11,043 | €12,618 | +€1,575 | +14.3% |
| Taxes | 450/3 | €11,043 | €12,618 | +€1,575 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,588 | €3,389 | -€1,199 | -26.1% |
| Other operating charges | 640/8 | €3,838 | €4,063 | +€225 | +5.9% |
| Gross operating margin | 9900 | €25,830 | €44,151 | +€18,321 | +70.9% |
| Operating profit (loss) | 9901 | €17,404 | €36,700 | +€19,296 | +111% |
| Financial income | 75/76B | €1,698 | €1,687 | -€10 | -0.6% |
| Recurring financial income | 75 | €1,698 | €1,687 | -€10 | -0.6% |
| Financial charges | 65/66B | €152 | €140 | -€12 | -8.0% |
| Recurring financial charges | 65 | €152 | €140 | -€12 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €18,950 | €38,247 | +€19,297 | +102% |
| Income taxes | 67/77 | €6,983 | €10,509 | +€3,526 | +50.5% |
| Profit (loss) for the period | 9904 | €11,967 | €27,738 | +€15,771 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €11,967 | €27,738 | +€15,771 | +132% |
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 30 October 2026 via checked.be.