IMMO LOUVRANGE: what changed
Two fiscal 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 LOUVRANGE
Largest movements
- Tangible fixed assets -€16,000
down €16,000 (-3.5%), from €459,639 to €443,639
- Receivables within one year +€6,417
up €6,417 (+7717.2%), from €83 to €6,500
- Debts after one year -€27,736
down €27,736 (-9.3%), from €297,014 to €269,277
- Profit (loss) carried forward +€26,637
up €26,637 (+27.9%), from €95,627 to €122,265
- Tax, wage and social debts -€6,288
down €6,288 (-97.8%), from €6,430 to €142
- Taxes -€1,176
down €1,176 (-11.4%), from €10,320 to €9,144
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.
Cash bridge derived
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 | €459,722 | €450,270 | -€9,453 | -2.1% |
| Fixed assets | 21/28 | €459,639 | €443,639 | -€16,000 | -3.5% |
| Tangible fixed assets | 22/27 | €459,639 | €443,639 | -€16,000 | -3.5% |
| Land and buildings | 22 | €459,639 | €443,639 | -€16,000 | -3.5% |
| Current assets | 29/58 | €83 | €6,631 | +€6,547 | +7874.2% |
| Amounts receivable within one year | 40/41 | €83 | €6,500 | +€6,417 | +7717.2% |
| Other amounts receivable | 41 | €83 | €6,500 | +€6,417 | +7717.2% |
| Cash at bank and in hand | 54/58 | - | €131 | +€131 | |
| Total equity and liabilities | 10/49 | €459,722 | €450,270 | -€9,453 | -2.1% |
| Equity | 10/15 | €102,930 | €129,568 | +€26,637 | +25.9% |
| Contributions | 10/11 | €6,276 | €6,276 | = | 0.0% |
| Reserves | 13 | €1,027 | €1,027 | = | 0.0% |
| Distributable reserves | 133 | €1,027 | €1,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,627 | €122,265 | +€26,637 | +27.9% |
| Amounts payable | 17/49 | €356,792 | €320,702 | -€36,090 | -10.1% |
| Amounts payable after more than one year | 17 | €297,014 | €269,277 | -€27,736 | -9.3% |
| Financial debts | 170/4 | €297,014 | €269,277 | -€27,736 | -9.3% |
| Amounts payable within one year | 42/48 | €59,778 | €51,425 | -€8,354 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €36,329 | €36,806 | +€477 | +1.3% |
| Financial debts | 43 | €2,456 | - | -€2,456 | |
| Credit institutions | 430/8 | €2,456 | - | -€2,456 | |
| Trade debts | 44 | €478 | €892 | +€414 | +86.7% |
| Suppliers | 440/4 | €478 | €892 | +€414 | +86.7% |
| Taxes, remuneration and social security | 45 | €6,430 | €142 | -€6,288 | -97.8% |
| Taxes | 450/3 | €6,430 | €142 | -€6,288 | -97.8% |
| Other amounts payable | 47/48 | €14,085 | €13,584 | -€501 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,393 | €16,000 | -€393 | -2.4% |
| Other operating charges | 640/8 | €5,702 | €5,881 | +€179 | +3.1% |
| Gross operating margin | 9900 | €63,003 | €63,563 | +€560 | +0.9% |
| Operating profit (loss) | 9901 | €40,908 | €41,681 | +€773 | +1.9% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €6,204 | €5,907 | -€297 | -4.8% |
| Recurring financial charges | 65 | €6,204 | €5,907 | -€297 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €34,704 | €35,781 | +€1,077 | +3.1% |
| Income taxes | 67/77 | €10,320 | €9,144 | -€1,176 | -11.4% |
| Profit (loss) for the period | 9904 | €24,384 | €26,637 | +€2,253 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,384 | €26,637 | +€2,253 | +9.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.