IMMO LOVANIENSIS: what changed
What changed
IMMO LOVANIENSIS
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€218,394
2024 · -€179,963-€38,431
Equity
-€646,800
2024 · -€428,406-€218,394
Cash
€23,780
2024 · €25,090-€1,310
Balance sheet total
€3.7m
2024 · €3.5m+€226,941
Largest movements
Assets
- Receivables after one year +€184,354
new in 2025: €184,354
- Tangible fixed assets +€59,361
up €59,361 (+1.7%), from €3.5m to €3.5m
Equity and liabilities
- Debts after one year +€404,729
up €404,729 (+10.8%), from €3.8m to €4.2m
of which Financial debts: +€316,226
- Profit (loss) carried forward -€218,394
down €218,394 (-26.4%), from -€828,406 to -€1.0m
Income statement
- Gross operating margin -€18,104
down €18,104 (-16.4%), from €110,390 to €92,286
- Depreciation +€17,008
up €17,008 (+10.0%), from €170,260 to €187,268
- Other operating charges +€4,656
up €4,656 (+52.6%), from €8,852 to €13,509
- Financial income +€2,402
up €2,402 (+320%), from €750 to €3,152
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€179,963
Gross operating margin
-€18,104
Depreciation
-€17,008
Other operating charges
-€4,656
Financial income
+€2,402
Financial charges
-€1,065
Result 2025
-€218,394
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€195,609
Investment
-€246,629
Financing
+€440,928
Cash 2024
€25,090
From operations (derived)
-€195,609
Net result for the year
-€218,394
Depreciation
+€187,268
Receivables after one year
-€184,354
Receivables within one year
+€16,202
Deferred charges and accrued income
-€737
Trade debts
+€7,201
Accrued charges and deferred income
-€2,794
Investment (derived)
-€246,629
Investment in fixed assets (net)
-€246,629
Financing
+€440,928
Debts after one year
+€404,729
Current portion of long-term debt
+€36,199
Cash 2025
€23,780
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,494,501 | €3,721,441 | +€226,941 | +6.5% |
| Fixed assets | 21/28 | €3,451,910 | €3,511,271 | +€59,361 | +1.7% |
| Tangible fixed assets | 22/27 | €3,451,910 | €3,511,271 | +€59,361 | +1.7% |
| Land and buildings | 22 | €3,451,910 | €3,511,271 | +€59,361 | +1.7% |
| Current assets | 29/58 | €42,591 | €210,171 | +€167,579 | +393% |
| Amounts receivable after more than one year | 29 | - | €184,354 | +€184,354 | |
| Other amounts receivable | 291 | - | €184,354 | +€184,354 | |
| Amounts receivable within one year | 40/41 | €16,202 | €0 | -€16,202 | -100% |
| Other amounts receivable | 41 | €16,202 | €0 | -€16,202 | -100% |
| Cash at bank and in hand | 54/58 | €25,090 | €23,780 | -€1,310 | -5.2% |
| Deferred charges and accrued income | 490/1 | €1,300 | €2,037 | +€737 | +56.7% |
| Total equity and liabilities | 10/49 | €3,494,501 | €3,721,441 | +€226,941 | +6.5% |
| Equity | 10/15 | -€428,406 | -€646,800 | -€218,394 | -51.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€828,406 | -€1,046,800 | -€218,394 | -26.4% |
| Amounts payable | 17/49 | €3,922,907 | €4,368,241 | +€445,334 | +11.4% |
| Amounts payable after more than one year | 17 | €3,753,759 | €4,158,488 | +€404,729 | +10.8% |
| Financial debts | 170/4 | €1,477,845 | €1,794,070 | +€316,226 | +21.4% |
| Other amounts payable | 178/9 | €2,275,914 | €2,364,418 | +€88,503 | +3.9% |
| Amounts payable within one year | 42/48 | €165,355 | €208,754 | +€43,400 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €124,827 | €161,026 | +€36,199 | +29.0% |
| Trade debts | 44 | €37,408 | €44,608 | +€7,201 | +19.2% |
| Suppliers | 440/4 | €37,408 | €44,608 | +€7,201 | +19.2% |
| Other amounts payable | 47/48 | €3,119 | €3,119 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,793 | €998 | -€2,794 | -73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,260 | €187,268 | +€17,008 | +10.0% |
| Other operating charges | 640/8 | €8,852 | €13,509 | +€4,656 | +52.6% |
| Gross operating margin | 9900 | €110,390 | €92,286 | -€18,104 | -16.4% |
| Operating profit (loss) | 9901 | -€68,722 | -€108,490 | -€39,768 | -57.9% |
| Financial income | 75/76B | €750 | €3,152 | +€2,402 | +320% |
| Recurring financial income | 75 | €750 | €3,152 | +€2,402 | +320% |
| Financial charges | 65/66B | €111,990 | €113,055 | +€1,065 | +1.0% |
| Recurring financial charges | 65 | €111,990 | €113,055 | +€1,065 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€179,963 | -€218,394 | -€38,431 | -21.4% |
| Profit (loss) for the period | 9904 | -€179,963 | -€218,394 | -€38,431 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€179,963 | -€218,394 | -€38,431 | -21.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.