Immo Lodin: 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 Lodin
Largest movements
- Cash +€15,989
up €15,989 (+178%), from €8,969 to €24,957
mainly Net result for the year (+€15,660) and Depreciation (+€12,812)
- Tangible fixed assets -€12,812
down €12,812 (-2.2%), from €571,509 to €558,698
of which Land and buildings: -€12,347
- Debts after one year -€16,643
down €16,643 (-3.9%), from €430,679 to €414,035
- Profit (loss) carried forward +€15,660
up €15,660 (+21.1%), from -€74,238 to -€58,578
- Gross operating margin +€1,082
up €1,082 (+2.2%), from €50,320 to €51,402
- Financial charges -€557
down €557 (-2.7%), from €20,290 to €19,733
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 | €584,743 | €583,771 | -€972 | -0.2% |
| Fixed assets | 21/28 | €571,509 | €558,698 | -€12,812 | -2.2% |
| Tangible fixed assets | 22/27 | €571,509 | €558,698 | -€12,812 | -2.2% |
| Land and buildings | 22 | €567,443 | €555,096 | -€12,347 | -2.2% |
| Other tangible fixed assets | 26 | €4,066 | €3,602 | -€465 | -11.4% |
| Current assets | 29/58 | €13,234 | €25,074 | +€11,840 | +89.5% |
| Amounts receivable within one year | 40/41 | €4,265 | €86 | -€4,179 | -98.0% |
| Trade receivables | 40 | €4,220 | - | -€4,220 | |
| Other amounts receivable | 41 | €45 | €86 | +€42 | +92.9% |
| Cash at bank and in hand | 54/58 | €8,969 | €24,957 | +€15,989 | +178% |
| Deferred charges and accrued income | 490/1 | - | €30 | +€30 | |
| Total equity and liabilities | 10/49 | €584,743 | €583,771 | -€972 | -0.2% |
| Equity | 10/15 | -€66,738 | -€51,078 | +€15,660 | +23.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,238 | -€58,578 | +€15,660 | +21.1% |
| Amounts payable | 17/49 | €651,481 | €634,849 | -€16,632 | -2.6% |
| Amounts payable after more than one year | 17 | €430,679 | €414,035 | -€16,643 | -3.9% |
| Financial debts | 170/4 | €430,679 | €414,035 | -€16,643 | -3.9% |
| Amounts payable within one year | 42/48 | €220,802 | €220,814 | +€12 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €15,923 | €16,643 | +€721 | +4.5% |
| Taxes, remuneration and social security | 45 | €3,301 | €2,591 | -€709 | -21.5% |
| Taxes | 450/3 | €3,301 | €2,591 | -€709 | -21.5% |
| Other amounts payable | 47/48 | €201,579 | €201,579 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,812 | €12,812 | = | 0.0% |
| Other operating charges | 640/8 | €3,225 | €3,336 | +€111 | +3.4% |
| Gross operating margin | 9900 | €50,320 | €51,402 | +€1,082 | +2.2% |
| Operating profit (loss) | 9901 | €34,283 | €35,254 | +€971 | +2.8% |
| Financial income | 75/76B | €149 | €138 | -€11 | -7.1% |
| Recurring financial income | 75 | €149 | €138 | -€11 | -7.1% |
| Financial charges | 65/66B | €20,290 | €19,733 | -€557 | -2.7% |
| Recurring financial charges | 65 | €20,290 | €19,733 | -€557 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €14,142 | €15,660 | +€1,518 | +10.7% |
| Profit (loss) for the period | 9904 | €14,142 | €15,660 | +€1,518 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,142 | €15,660 | +€1,518 | +10.7% |
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 17 October 2026 via checked.be.