IMMO LS: 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 LS
Largest movements
- Cash -€22,507
down €22,507 (-85.0%), from €26,476 to €3,969
mainly Investment in fixed assets (net) (-€41,322) and Deferred charges and accrued income (-€16,800)
- Tangible fixed assets +€19,684
up €19,684 (+6.3%), from €313,577 to €333,261
- Deferred charges and accrued income +€16,800
up €16,800 (+120%), from €14,000 to €30,800
- Other debts +€34,160
up €34,160 (+13.7%), from €248,873 to €283,033
- Profit (loss) carried forward -€13,829
down €13,829 (-27.4%), from -€50,443 to -€64,272
- Advances received +€10,164
up €10,164 (+104%), from €9,800 to €19,964
- Debts after one year -€8,700
down €8,700 (-7.1%), from €122,812 to €114,112
- Trade debts -€7,782
down €7,782 (-73.7%), from €10,552 to €2,770
- Gross operating margin +€7,749
up €7,749 (+140%), from €5,529 to €13,278
- Purchases and services -€4,949
down €4,949 (-58.4%), from €8,471 to €3,522
- Depreciation +€3,787
up €3,787 (+21.2%), from €17,851 to €21,638
- Other operating charges -€3,087
down €3,087 (-67.5%), from €4,574 to €1,487
- Turnover +€2,800
up €2,800 (+20.0%), from €14,000 to €16,800
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 | €355,378 | €370,148 | +€14,770 | +4.2% |
| Fixed assets | 21/28 | €313,577 | €333,261 | +€19,684 | +6.3% |
| Tangible fixed assets | 22/27 | €313,577 | €333,261 | +€19,684 | +6.3% |
| Land and buildings | 22 | €313,577 | €333,261 | +€19,684 | +6.3% |
| Current assets | 29/58 | €41,801 | €36,887 | -€4,914 | -11.8% |
| Amounts receivable within one year | 40/41 | €1,325 | €2,118 | +€793 | +59.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,325 | €2,118 | +€793 | +59.8% |
| Cash at bank and in hand | 54/58 | €26,476 | €3,969 | -€22,507 | -85.0% |
| Deferred charges and accrued income | 490/1 | €14,000 | €30,800 | +€16,800 | +120% |
| Total equity and liabilities | 10/49 | €355,378 | €370,148 | +€14,770 | +4.2% |
| Equity | 10/15 | -€45,443 | -€59,272 | -€13,829 | -30.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,443 | -€64,272 | -€13,829 | -27.4% |
| Amounts payable | 17/49 | €400,821 | €429,420 | +€28,599 | +7.1% |
| Amounts payable after more than one year | 17 | €122,812 | €114,112 | -€8,700 | -7.1% |
| Financial debts | 170/4 | €122,812 | €114,112 | -€8,700 | -7.1% |
| Amounts payable within one year | 42/48 | €278,009 | €314,658 | +€36,649 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €8,784 | €8,891 | +€107 | +1.2% |
| Trade debts | 44 | €10,552 | €2,770 | -€7,782 | -73.7% |
| Suppliers | 440/4 | €10,552 | €2,770 | -€7,782 | -73.7% |
| Advances received on contracts in progress | 46 | €9,800 | €19,964 | +€10,164 | +104% |
| Other amounts payable | 47/48 | €248,873 | €283,033 | +€34,160 | +13.7% |
| Accrued charges and deferred income | 492/3 | €0 | €650 | +€650 | |
| Turnover | 70 | €14,000 | €16,800 | +€2,800 | +20.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,471 | €3,522 | -€4,949 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,851 | €21,638 | +€3,787 | +21.2% |
| Other operating charges | 640/8 | €4,574 | €1,487 | -€3,087 | -67.5% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €5,529 | €13,278 | +€7,749 | +140% |
| Operating profit (loss) | 9901 | -€16,946 | -€9,847 | +€7,099 | +41.9% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €4,305 | €4,037 | -€268 | -6.2% |
| Recurring financial charges | 65 | €4,305 | €4,037 | -€268 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,251 | -€13,830 | +€7,421 | +34.9% |
| Profit (loss) for the period | 9904 | -€21,251 | -€13,830 | +€7,421 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,251 | -€13,830 | +€7,421 | +34.9% |
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 15 October 2026 via checked.be.