IMMO LOSHA: 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 LOSHA
Largest movements
- Tangible fixed assets -€21,129
down €21,129 (-13.0%), from €162,571 to €141,442
of which Land and buildings: -€18,623
- Cash +€19,472
up €19,472 (+115%), from €16,860 to €36,332
mainly Net result for the year (+€34,656) and Depreciation (+€21,867)
- Receivables within one year -€5,654
down €5,654 (-53.2%), from €10,620 to €4,966
of which Trade receivables: -€5,662
- Reserves +€34,656
up €34,656 (+544%), from €6,374 to €41,031
- Debts after one year -€21,454
down €21,454 (-72.2%), from €29,728 to €8,274
- Other debts -€14,071
down €14,071 (-12.4%), from €113,866 to €99,794
- Current portion of long-term debt -€3,578
down €3,578 (-21.6%), from €16,534 to €12,956
- Tax, wage and social debts -€2,522
down €2,522 (-54.7%), from €4,607 to €2,086
- Gross operating margin +€15,634
up €15,634 (+28.5%), from €54,871 to €70,506
- Financial charges +€5,538
up €5,538 (+196%), from €2,830 to €8,368
- Write-downs -€3,945
no longer reported in 2025 (was €3,945)
- Taxes +€3,158
new in 2025: €3,158
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 | €190,052 | €182,740 | -€7,312 | -3.8% |
| Fixed assets | 21/28 | €162,571 | €141,442 | -€21,129 | -13.0% |
| Tangible fixed assets | 22/27 | €162,571 | €141,442 | -€21,129 | -13.0% |
| Land and buildings | 22 | €149,535 | €130,912 | -€18,623 | -12.5% |
| Plant, machinery and equipment | 23 | €13,036 | €9,827 | -€3,209 | -24.6% |
| Furniture and vehicles | 24 | - | €703 | +€703 | |
| Current assets | 29/58 | €27,480 | €41,298 | +€13,818 | +50.3% |
| Amounts receivable within one year | 40/41 | €10,620 | €4,966 | -€5,654 | -53.2% |
| Trade receivables | 40 | €10,620 | €4,958 | -€5,662 | -53.3% |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Cash at bank and in hand | 54/58 | €16,860 | €36,332 | +€19,472 | +115% |
| Total equity and liabilities | 10/49 | €190,052 | €182,740 | -€7,312 | -3.8% |
| Equity | 10/15 | €24,974 | €59,631 | +€34,656 | +139% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,374 | €41,031 | +€34,656 | +544% |
| Distributable reserves | 133 | €6,374 | €41,031 | +€34,656 | +544% |
| Amounts payable | 17/49 | €165,077 | €123,110 | -€41,968 | -25.4% |
| Amounts payable after more than one year | 17 | €29,728 | €8,274 | -€21,454 | -72.2% |
| Financial debts | 170/4 | €29,728 | €8,274 | -€21,454 | -72.2% |
| Amounts payable within one year | 42/48 | €135,350 | €114,836 | -€20,514 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €16,534 | €12,956 | -€3,578 | -21.6% |
| Trade debts | 44 | €343 | - | -€343 | |
| Suppliers | 440/4 | €343 | - | -€343 | |
| Taxes, remuneration and social security | 45 | €4,607 | €2,086 | -€2,522 | -54.7% |
| Taxes | 450/3 | €4,607 | €2,086 | -€2,522 | -54.7% |
| Other amounts payable | 47/48 | €113,866 | €99,794 | -€14,071 | -12.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,666 | €6,036 | +€370 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,508 | €21,867 | -€641 | -2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,945 | - | -€3,945 | |
| Other operating charges | 640/8 | €2,671 | €2,462 | -€209 | -7.8% |
| Gross operating margin | 9900 | €54,871 | €70,506 | +€15,634 | +28.5% |
| Operating profit (loss) | 9901 | €25,747 | €46,177 | +€20,430 | +79.3% |
| Financial income | 75/76B | €330 | €5 | -€326 | -98.6% |
| Recurring financial income | 75 | €330 | €5 | -€326 | -98.6% |
| Financial charges | 65/66B | €2,830 | €8,368 | +€5,538 | +196% |
| Recurring financial charges | 65 | €2,830 | €8,368 | +€5,538 | +196% |
| Profit (loss) for the period before taxes | 9903 | €23,248 | €37,814 | +€14,566 | +62.7% |
| Income taxes | 67/77 | - | €3,158 | +€3,158 | |
| Profit (loss) for the period | 9904 | €23,248 | €34,656 | +€11,409 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,248 | €34,656 | +€11,409 | +49.1% |
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 22 October 2026 via checked.be.