IMMO LOFO: 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 LOFO
Largest movements
- Tangible fixed assets -€7,183
down €7,183 (-2.5%), from €288,887 to €281,705
of which Land and buildings: -€7,063
- Debts after one year -€24,538
down €24,538 (-47.5%), from €51,688 to €27,150
- Profit (loss) carried forward +€20,023
up €20,023 (+75.7%), from -€26,457 to -€6,434
- Other debts -€3,739
down €3,739 (-1.6%), from €239,999 to €236,260
- Gross operating margin +€5,125
up €5,125 (+14.3%), from €35,732 to €40,857
- Financial charges -€482
down €482 (-23.9%), from €2,014 to €1,532
- Depreciation +€462
up €462 (+3.0%), from €15,404 to €15,866
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 | €309,198 | €301,473 | -€7,726 | -2.5% |
| Fixed assets | 21/28 | €288,887 | €281,705 | -€7,183 | -2.5% |
| Tangible fixed assets | 22/27 | €288,887 | €281,705 | -€7,183 | -2.5% |
| Land and buildings | 22 | €288,456 | €281,394 | -€7,063 | -2.4% |
| Furniture and vehicles | 24 | €431 | €311 | -€120 | -27.8% |
| Current assets | 29/58 | €20,311 | €19,768 | -€543 | -2.7% |
| Cash at bank and in hand | 54/58 | €20,311 | €19,768 | -€543 | -2.7% |
| Total equity and liabilities | 10/49 | €309,198 | €301,473 | -€7,726 | -2.5% |
| Equity | 10/15 | -€7,857 | €12,166 | +€20,023 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,457 | -€6,434 | +€20,023 | +75.7% |
| Amounts payable | 17/49 | €317,055 | €289,307 | -€27,748 | -8.8% |
| Amounts payable after more than one year | 17 | €51,688 | €27,150 | -€24,538 | -47.5% |
| Financial debts | 170/4 | €51,688 | €27,150 | -€24,538 | -47.5% |
| Amounts payable within one year | 42/48 | €264,045 | €260,798 | -€3,247 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €24,045 | €24,538 | +€493 | +2.0% |
| Other amounts payable | 47/48 | €239,999 | €236,260 | -€3,739 | -1.6% |
| Accrued charges and deferred income | 492/3 | €1,322 | €1,359 | +€37 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,404 | €15,866 | +€462 | +3.0% |
| Other operating charges | 640/8 | €3,397 | €3,436 | +€39 | +1.2% |
| Gross operating margin | 9900 | €35,732 | €40,857 | +€5,125 | +14.3% |
| Operating profit (loss) | 9901 | €16,931 | €21,555 | +€4,623 | +27.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,014 | €1,532 | -€482 | -23.9% |
| Recurring financial charges | 65 | €2,014 | €1,532 | -€482 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €14,918 | €20,023 | +€5,105 | +34.2% |
| Profit (loss) for the period | 9904 | €14,918 | €20,023 | +€5,105 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,918 | €20,023 | +€5,105 | +34.2% |
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 16 October 2026 via checked.be.