IMMO LIENNE: 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 LIENNE
Largest movements
- Receivables within one year +€20,522
up €20,522 (+164.6%), from €12,471 to €32,993
of which Trade receivables: +€22,513
- Tangible fixed assets -€1,776
down €1,776 (-25.0%), from €7,104 to €5,328
of which Plant, machinery and equipment: -€1,776
- Cash -€1,670
no longer reported in 2026 (was €1,670)
mainly Receivables within one year (-€20,522) and Current portion of long-term debt (-€6,606)
- Profit (loss) carried forward +€18,534
up €18,534 (+46.4%), from -€39,956 to -€21,421
- Current portion of long-term debt -€6,606
down €6,606 (-72.8%), from €9,071 to €2,465
- Debts after one year +€5,757
up €5,757 (+20.5%), from €28,141 to €33,898
of which Other amounts payable: +€6,722
- Trade debts -€2,394
down €2,394 (-10.1%), from €23,728 to €21,335
- Tax, wage and social debts +€1,331
up €1,331 (+508.8%), from €262 to €1,593
- Gross operating margin +€46,759
up €46,759, from -€11,686 to €35,073
- Taxes +€4,038
up €4,038 (+63.8%), from €6,326 to €10,364
- Depreciation -€3,253
down €3,253 (-64.7%), from €5,029 to €1,776
- Financial charges +€1,642
up €1,642 (+144.4%), from €1,137 to €2,780
- Other operating charges -€1,082
down €1,082 (-40.1%), from €2,701 to €1,619
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,246 | €38,321 | +€17,076 | +80.4% |
| Fixed assets | 21/28 | €7,104 | €5,328 | -€1,776 | -25.0% |
| Tangible fixed assets | 22/27 | €7,104 | €5,328 | -€1,776 | -25.0% |
| Plant, machinery and equipment | 23 | €7,104 | €5,328 | -€1,776 | -25.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €14,141 | €32,993 | +€18,852 | +133.3% |
| Amounts receivable within one year | 40/41 | €12,471 | €32,993 | +€20,522 | +164.6% |
| Trade receivables | 40 | €10,480 | €32,993 | +€22,513 | +214.8% |
| Other amounts receivable | 41 | €1,992 | - | -€1,992 | |
| Cash at bank and in hand | 54/58 | €1,670 | - | -€1,670 | |
| Total equity and liabilities | 10/49 | €21,246 | €38,321 | +€17,076 | +80.4% |
| Equity | 10/15 | -€39,956 | -€21,421 | +€18,534 | +46.4% |
| Profit (loss) carried forward | 14 | -€39,956 | -€21,421 | +€18,534 | +46.4% |
| Amounts payable | 17/49 | €61,201 | €59,743 | -€1,459 | -2.4% |
| Amounts payable after more than one year | 17 | €28,141 | €33,898 | +€5,757 | +20.5% |
| Financial debts | 170/4 | €965 | - | -€965 | |
| Other amounts payable | 178/9 | €27,176 | €33,898 | +€6,722 | +24.7% |
| Amounts payable within one year | 42/48 | €33,060 | €25,844 | -€7,216 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €9,071 | €2,465 | -€6,606 | -72.8% |
| Financial debts | 43 | - | €453 | +€453 | |
| Credit institutions | 430/8 | - | €453 | +€453 | |
| Trade debts | 44 | €23,728 | €21,335 | -€2,394 | -10.1% |
| Suppliers | 440/4 | €23,728 | €21,335 | -€2,394 | -10.1% |
| Taxes, remuneration and social security | 45 | €262 | €1,593 | +€1,331 | +508.8% |
| Taxes | 450/3 | €262 | €1,593 | +€1,331 | +508.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,029 | €1,776 | -€3,253 | -64.7% |
| Other operating charges | 640/8 | €2,701 | €1,619 | -€1,082 | -40.1% |
| Gross operating margin | 9900 | -€11,686 | €35,073 | +€46,759 | |
| Operating profit (loss) | 9901 | -€19,416 | €31,678 | +€51,094 | |
| Financial charges | 65/66B | €1,137 | €2,780 | +€1,642 | +144.4% |
| Recurring financial charges | 65 | €1,137 | €2,780 | +€1,642 | +144.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,553 | €28,898 | +€49,451 | |
| Income taxes | 67/77 | €6,326 | €10,364 | +€4,038 | +63.8% |
| Profit (loss) for the period | 9904 | -€26,880 | €18,534 | +€45,414 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,880 | €18,534 | +€45,414 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.