IMMO LVDF: 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 LVDF
Largest movements
- Tangible fixed assets +€977,268
up €977,268 (+186.3%), from €524,501 to €1.5m
- Revaluation surpluses +€1.0m
new in 2024: €1.0m
- Debts after one year -€49,400
down €49,400 (-6.4%), from €776,668 to €727,267
of which Financial debts: -€49,400
- Gross operating margin -€33,552
down €33,552 (-45.0%), from €74,576 to €41,024
- Financial charges -€2,906
down €2,906 (-16.8%), from €17,250 to €14,344
- Other operating charges +€1,166
up €1,166 (+13.4%), from €8,718 to €9,884
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €568,591 | €1,543,735 | +€975,144 | +171.5% |
| Fixed assets | 21/28 | €524,501 | €1,501,770 | +€977,268 | +186.3% |
| Tangible fixed assets | 22/27 | €524,501 | €1,501,770 | +€977,268 | +186.3% |
| Land and buildings | 22 | €524,501 | €1,501,770 | +€977,268 | +186.3% |
| Current assets | 29/58 | €44,090 | €41,965 | -€2,125 | -4.8% |
| Amounts receivable within one year | 40/41 | €16,927 | €16,927 | = | 0.0% |
| Other amounts receivable | 41 | €16,927 | €16,927 | = | 0.0% |
| Current investments | 50/53 | €24,995 | €24,995 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,641 | €43 | -€1,597 | -97.4% |
| Deferred charges and accrued income | 490/1 | €528 | - | -€528 | |
| Total equity and liabilities | 10/49 | €568,591 | €1,543,735 | +€975,144 | +171.5% |
| Equity | 10/15 | -€324,490 | €669,574 | +€994,064 | |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,000,000 | +€1.0m | |
| Profit (loss) carried forward | 14 | -€459,490 | -€465,426 | -€5,936 | -1.3% |
| Amounts payable | 17/49 | €893,081 | €874,161 | -€18,920 | -2.1% |
| Amounts payable after more than one year | 17 | €776,668 | €727,267 | -€49,400 | -6.4% |
| Financial debts | 170/4 | €233,868 | €184,467 | -€49,400 | -21.1% |
| Other amounts payable | 178/9 | €542,800 | €542,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,413 | €137,393 | +€20,980 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €81,728 | €84,226 | +€2,498 | +3.1% |
| Trade debts | 44 | €3,546 | €7,183 | +€3,637 | +102.6% |
| Suppliers | 440/4 | €3,546 | €7,183 | +€3,637 | +102.6% |
| Other amounts payable | 47/48 | €31,139 | €45,984 | +€14,845 | +47.7% |
| Accrued charges and deferred income | 492/3 | - | €9,500 | +€9,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,732 | €22,732 | = | 0.0% |
| Other operating charges | 640/8 | €8,718 | €9,884 | +€1,166 | +13.4% |
| Gross operating margin | 9900 | €74,576 | €41,024 | -€33,552 | -45.0% |
| Operating profit (loss) | 9901 | €43,126 | €8,408 | -€34,718 | -80.5% |
| Financial charges | 65/66B | €17,250 | €14,344 | -€2,906 | -16.8% |
| Recurring financial charges | 65 | €17,250 | €14,344 | -€2,906 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €25,876 | -€5,936 | -€31,812 | |
| Profit (loss) for the period | 9904 | €25,876 | -€5,936 | -€31,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,876 | -€5,936 | -€31,812 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.