Immo Lukeli: 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 Lukeli
Largest movements
- Tangible fixed assets -€58,333
down €58,333 (-12.9%), from €452,390 to €394,056
- Debts after one year -€59,392
down €59,392 (-13.2%), from €448,372 to €388,979
- Other operating charges -€12,586
down €12,586 (-96.0%), from €13,106 to €520
- Gross operating margin -€4,821
down €4,821 (-6.7%), from €71,434 to €66,613
- Financial charges -€1,507
down €1,507 (-11.2%), from €13,474 to €11,967
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 | €476,774 | €415,660 | -€61,114 | -12.8% |
| Fixed assets | 21/28 | €452,390 | €394,056 | -€58,333 | -12.9% |
| Tangible fixed assets | 22/27 | €452,390 | €394,056 | -€58,333 | -12.9% |
| Leasing and similar rights | 25 | €452,390 | €394,056 | -€58,333 | -12.9% |
| Current assets | 29/58 | €24,385 | €21,604 | -€2,781 | -11.4% |
| Cash at bank and in hand | 54/58 | €24,385 | €21,604 | -€2,781 | -11.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €476,774 | €415,660 | -€61,114 | -12.8% |
| Equity | 10/15 | -€33,488 | -€37,695 | -€4,207 | -12.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,688 | -€43,895 | -€4,207 | -10.6% |
| Amounts payable | 17/49 | €510,263 | €453,356 | -€56,907 | -11.2% |
| Amounts payable after more than one year | 17 | €448,372 | €388,979 | -€59,392 | -13.2% |
| Financial debts | 170/4 | €448,372 | €388,979 | -€59,392 | -13.2% |
| Amounts payable within one year | 42/48 | €61,891 | €63,326 | +€1,435 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €57,957 | €59,392 | +€1,435 | +2.5% |
| Other amounts payable | 47/48 | €3,934 | €3,934 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,050 | +€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,333 | €58,333 | -€0 | 0.0% |
| Other operating charges | 640/8 | €13,106 | €520 | -€12,586 | -96.0% |
| Gross operating margin | 9900 | €71,434 | €66,613 | -€4,821 | -6.7% |
| Operating profit (loss) | 9901 | -€5 | €7,760 | +€7,765 | |
| Financial charges | 65/66B | €13,474 | €11,967 | -€1,507 | -11.2% |
| Recurring financial charges | 65 | €13,474 | €11,967 | -€1,507 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,479 | -€4,207 | +€9,272 | +68.8% |
| Profit (loss) for the period | 9904 | -€13,479 | -€4,207 | +€9,272 | +68.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,479 | -€4,207 | +€9,272 | +68.8% |
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 18 October 2026 via checked.be.