IMMO LOOVAN: 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 LOOVAN
Largest movements
- Cash -€82,554
down €82,554 (-90.7%), from €90,981 to €8,427
mainly Receivables within one year (-€77,250) and Debts after one year (-€40,545)
- Receivables within one year +€77,250
up €77,250 (+2,620%), from €2,948 to €80,198
- Tangible fixed assets -€75,221
down €75,221 (-4.1%), from €1.8m to €1.8m
- Debts after one year -€40,545
down €40,545 (-5.1%), from €791,941 to €751,397
- Reserves -€19,724
down €19,724 (-2.5%), from €786,368 to €766,644
of which Tax-exempt reserves: -€19,724
- Other operating charges -€15,434
down €15,434 (-68.9%), from €22,402 to €6,969
- Gross operating margin +€14,832
up €14,832 (+34.7%), from €42,687 to €57,519
- Financial income -€10,296
no longer reported in 2025 (was €10,296)
- Taxes -€3,088
no longer reported in 2025 (was €3,088)
- Financial charges -€2,811
down €2,811 (-15.3%), from €18,344 to €15,533
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 | €1,929,975 | €1,849,514 | -€80,461 | -4.2% |
| Fixed assets | 21/28 | €1,834,738 | €1,759,517 | -€75,221 | -4.1% |
| Tangible fixed assets | 22/27 | €1,833,538 | €1,758,317 | -€75,221 | -4.1% |
| Land and buildings | 22 | €1,833,538 | €1,758,317 | -€75,221 | -4.1% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €95,238 | €89,998 | -€5,240 | -5.5% |
| Amounts receivable within one year | 40/41 | €2,948 | €80,198 | +€77,250 | +2,620% |
| Other amounts receivable | 41 | €2,948 | €80,198 | +€77,250 | +2,620% |
| Cash at bank and in hand | 54/58 | €90,981 | €8,427 | -€82,554 | -90.7% |
| Deferred charges and accrued income | 490/1 | €1,308 | €1,372 | +€64 | +4.9% |
| Total equity and liabilities | 10/49 | €1,929,975 | €1,849,514 | -€80,461 | -4.2% |
| Equity | 10/15 | €842,076 | €808,448 | -€33,629 | -4.0% |
| Contributions | 10/11 | €63,348 | €63,348 | = | 0.0% |
| Capital | 10 | €63,348 | €63,348 | = | 0.0% |
| Issued capital | 100 | €63,348 | €63,348 | = | 0.0% |
| Reserves | 13 | €786,368 | €766,644 | -€19,724 | -2.5% |
| Non-distributable reserves | 130/1 | €33,421 | €33,421 | = | 0.0% |
| Legal reserve | 130 | €33,421 | €33,421 | = | 0.0% |
| Tax-exempt reserves | 132 | €752,946 | €733,222 | -€19,724 | -2.6% |
| Profit (loss) carried forward | 14 | -€7,639 | -€21,544 | -€13,905 | -182% |
| Provisions and deferred taxes | 16 | €250,982 | €244,407 | -€6,575 | -2.6% |
| Deferred taxes | 168 | €250,982 | €244,407 | -€6,575 | -2.6% |
| Amounts payable | 17/49 | €836,917 | €796,659 | -€40,257 | -4.8% |
| Amounts payable after more than one year | 17 | €791,941 | €751,397 | -€40,545 | -5.1% |
| Financial debts | 170/4 | €791,941 | €751,397 | -€40,545 | -5.1% |
| Amounts payable within one year | 42/48 | €44,976 | €45,263 | +€287 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €40,051 | €40,545 | +€494 | +1.2% |
| Trade debts | 44 | €3,212 | €4,718 | +€1,507 | +46.9% |
| Suppliers | 440/4 | €3,212 | €4,718 | +€1,507 | +46.9% |
| Other amounts payable | 47/48 | €1,713 | - | -€1,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,480 | €75,221 | +€741 | +1.0% |
| Other operating charges | 640/8 | €22,402 | €6,969 | -€15,434 | -68.9% |
| Gross operating margin | 9900 | €42,687 | €57,519 | +€14,832 | +34.7% |
| Operating profit (loss) | 9901 | -€54,195 | -€24,670 | +€29,525 | +54.5% |
| Financial income | 75/76B | €10,296 | - | -€10,296 | |
| Recurring financial income | 75 | €10,296 | - | -€10,296 | |
| Financial charges | 65/66B | €18,344 | €15,533 | -€2,811 | -15.3% |
| Recurring financial charges | 65 | €18,344 | €15,533 | -€2,811 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€62,244 | -€40,203 | +€22,040 | +35.4% |
| Transfer from deferred taxes | 780 | €6,575 | €6,575 | = | 0.0% |
| Income taxes | 67/77 | €3,088 | - | -€3,088 | |
| Profit (loss) for the period | 9904 | -€58,757 | -€33,629 | +€25,128 | +42.8% |
| Transfer from tax-exempt reserves | 789 | €19,724 | €19,724 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,033 | -€13,905 | +€25,128 | +64.4% |
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 26 October 2026 via checked.be.