IMMO LUMMEN: 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 LUMMEN
Largest movements
- Tangible fixed assets +€18,722
up €18,722 (+9.0%), from €208,000 to €226,722
of which Land and buildings: +€18,722
- Cash -€18,135
down €18,135 (-32.3%), from €56,169 to €38,034
mainly Investment in fixed assets (net) (-€18,782) and Net result for the year (-€4,416)
- Other debts +€5,003
up €5,003 (+98.4%), from €5,083 to €10,086
- Reserves -€4,416
down €4,416 (-2.7%), from €165,099 to €160,684
of which Distributable reserves: -€4,416
- Gross operating margin -€54,873
down €54,873 (-97.4%), from €56,354 to €1,481
- Taxes -€12,834
no longer reported in 2025 (was €12,834)
- Write-downs -€2,441
no longer reported in 2025 (was €2,441)
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 | €264,169 | €264,756 | +€588 | +0.2% |
| Fixed assets | 21/28 | €208,000 | €226,722 | +€18,722 | +9.0% |
| Tangible fixed assets | 22/27 | €208,000 | €226,722 | +€18,722 | +9.0% |
| Land and buildings | 22 | €40,000 | €58,722 | +€18,722 | +46.8% |
| Other tangible fixed assets | 26 | €168,000 | €168,000 | = | 0.0% |
| Current assets | 29/58 | €56,169 | €38,034 | -€18,135 | -32.3% |
| Cash at bank and in hand | 54/58 | €56,169 | €38,034 | -€18,135 | -32.3% |
| Total equity and liabilities | 10/49 | €264,169 | €264,756 | +€588 | +0.2% |
| Equity | 10/15 | €245,680 | €241,264 | -€4,416 | -1.8% |
| Contributions | 10/11 | €80,580 | €80,580 | = | 0.0% |
| Reserves | 13 | €165,099 | €160,684 | -€4,416 | -2.7% |
| Non-distributable reserves | 130/1 | €8,058 | €8,058 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,058 | €8,058 | = | 0.0% |
| Distributable reserves | 133 | €157,041 | €152,626 | -€4,416 | -2.8% |
| Amounts payable | 17/49 | €18,489 | €23,492 | +€5,003 | +27.1% |
| Amounts payable within one year | 42/48 | €18,489 | €23,492 | +€5,003 | +27.1% |
| Taxes, remuneration and social security | 45 | €13,406 | €13,406 | = | 0.0% |
| Taxes | 450/3 | €13,406 | €13,406 | = | 0.0% |
| Other amounts payable | 47/48 | €5,083 | €10,086 | +€5,003 | +98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €60 | +€60 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,441 | - | -€2,441 | |
| Other operating charges | 640/8 | €5,270 | €5,802 | +€532 | +10.1% |
| Gross operating margin | 9900 | €56,354 | €1,481 | -€54,873 | -97.4% |
| Operating profit (loss) | 9901 | €48,643 | -€4,381 | -€53,024 | |
| Financial charges | 65/66B | €17 | €34 | +€17 | +100% |
| Recurring financial charges | 65 | €17 | €34 | +€17 | +100% |
| Profit (loss) for the period before taxes | 9903 | €48,626 | -€4,416 | -€53,041 | |
| Income taxes | 67/77 | €12,834 | - | -€12,834 | |
| Profit (loss) for the period | 9904 | €35,792 | -€4,416 | -€40,207 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,792 | -€4,416 | -€40,207 |
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 17 October 2026 via checked.be.