IMMO LOCAP: 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 LOCAP
Largest movements
- Receivables within one year -€435,874
down €435,874 (-98.8%), from €441,098 to €5,224
- Cash +€79,830
up €79,830 (+106%), from €75,038 to €154,869
mainly Receivables within one year (+€435,874) and Net result for the year (+€77,561)
- Other debts -€365,838
down €365,838 (-66.6%), from €549,468 to €183,630
- Gross operating margin -€22,564
down €22,564 (-13.7%), from €165,214 to €142,650
- Taxes -€4,466
down €4,466 (-14.1%), from €31,727 to €27,261
- Depreciation -€3,495
down €3,495 (-17.0%), from €20,528 to €17,033
- Financial income -€3,383
down €3,383 (-41.7%), from €8,118 to €4,735
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 | €2,481,315 | €2,118,952 | -€362,362 | -14.6% |
| Fixed assets | 21/28 | €1,965,179 | €1,956,799 | -€8,380 | -0.4% |
| Tangible fixed assets | 22/27 | €1,965,179 | €1,956,799 | -€8,380 | -0.4% |
| Land and buildings | 22 | €1,952,616 | €1,948,783 | -€3,833 | -0.2% |
| Plant, machinery and equipment | 23 | €11,704 | €7,596 | -€4,109 | -35.1% |
| Furniture and vehicles | 24 | €859 | €420 | -€438 | -51.0% |
| Current assets | 29/58 | €516,136 | €162,153 | -€353,983 | -68.6% |
| Amounts receivable within one year | 40/41 | €441,098 | €5,224 | -€435,874 | -98.8% |
| Other amounts receivable | 41 | €441,098 | €5,224 | -€435,874 | -98.8% |
| Cash at bank and in hand | 54/58 | €75,038 | €154,869 | +€79,830 | +106% |
| Deferred charges and accrued income | 490/1 | - | €2,061 | +€2,061 | |
| Total equity and liabilities | 10/49 | €2,481,315 | €2,118,952 | -€362,362 | -14.6% |
| Equity | 10/15 | €1,913,299 | €1,913,299 | = | 0.0% |
| Contributions | 10/11 | €147,900 | €147,900 | = | 0.0% |
| Revaluation surpluses | 12 | €1,740,609 | €1,740,609 | = | 0.0% |
| Reserves | 13 | €24,790 | €24,790 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,790 | €24,790 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,790 | €24,790 | = | 0.0% |
| Amounts payable | 17/49 | €568,016 | €205,653 | -€362,362 | -63.8% |
| Amounts payable within one year | 42/48 | €554,388 | €193,053 | -€361,336 | -65.2% |
| Trade debts | 44 | €4,921 | €6,160 | +€1,240 | +25.2% |
| Suppliers | 440/4 | €4,921 | €6,160 | +€1,240 | +25.2% |
| Taxes, remuneration and social security | 45 | - | €3,263 | +€3,263 | |
| Taxes | 450/3 | - | €3,263 | +€3,263 | |
| Other amounts payable | 47/48 | €549,468 | €183,630 | -€365,838 | -66.6% |
| Accrued charges and deferred income | 492/3 | €13,628 | €12,601 | -€1,027 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,528 | €17,033 | -€3,495 | -17.0% |
| Other operating charges | 640/8 | €23,997 | €24,498 | +€501 | +2.1% |
| Gross operating margin | 9900 | €165,214 | €142,650 | -€22,564 | -13.7% |
| Operating profit (loss) | 9901 | €120,689 | €101,118 | -€19,570 | -16.2% |
| Financial income | 75/76B | €8,118 | €4,735 | -€3,383 | -41.7% |
| Recurring financial income | 75 | €8,118 | €4,735 | -€3,383 | -41.7% |
| Financial charges | 65/66B | €45 | €1,032 | +€987 | +2,192% |
| Recurring financial charges | 65 | €45 | €1,032 | +€987 | +2,192% |
| Profit (loss) for the period before taxes | 9903 | €128,762 | €104,821 | -€23,940 | -18.6% |
| Income taxes | 67/77 | €31,727 | €27,261 | -€4,466 | -14.1% |
| Profit (loss) for the period | 9904 | €97,035 | €77,561 | -€19,474 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,035 | €77,561 | -€19,474 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.