IMMO LVP: 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 LVP
Largest movements
- Tangible fixed assets -€46,245
down €46,245 (-4.0%), from €1.1m to €1.1m
- Debts after one year -€43,035
down €43,035 (-8.9%), from €485,780 to €442,744
- Other debts -€25,775
down €25,775 (-8.7%), from €295,009 to €269,234
- Reserves +€14,298
up €14,298 (+4.8%), from €297,293 to €311,592
- Gross operating margin -€7,229
down €7,229 (-7.4%), from €97,572 to €90,343
- Other operating charges +€5,695
up €5,695 (+2,804%), from €203 to €5,898
- Taxes -€1,582
down €1,582 (-24.2%), from €6,545 to €4,963
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 | €1,151,657 | €1,108,830 | -€42,826 | -3.7% |
| Fixed assets | 21/28 | €1,144,903 | €1,098,657 | -€46,245 | -4.0% |
| Tangible fixed assets | 22/27 | €1,144,903 | €1,098,657 | -€46,245 | -4.0% |
| Land and buildings | 22 | €1,144,903 | €1,098,657 | -€46,245 | -4.0% |
| Current assets | 29/58 | €6,754 | €10,173 | +€3,419 | +50.6% |
| Amounts receivable within one year | 40/41 | - | €37 | +€37 | |
| Other amounts receivable | 41 | - | €37 | +€37 | |
| Cash at bank and in hand | 54/58 | €2,712 | €4,947 | +€2,235 | +82.4% |
| Deferred charges and accrued income | 490/1 | €4,042 | €5,188 | +€1,146 | +28.3% |
| Total equity and liabilities | 10/49 | €1,151,657 | €1,108,830 | -€42,826 | -3.7% |
| Equity | 10/15 | €315,843 | €330,142 | +€14,298 | +4.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €297,293 | €311,592 | +€14,298 | +4.8% |
| Distributable reserves | 133 | €297,293 | €311,592 | +€14,298 | +4.8% |
| Amounts payable | 17/49 | €835,813 | €778,688 | -€57,125 | -6.8% |
| Amounts payable after more than one year | 17 | €485,780 | €442,744 | -€43,035 | -8.9% |
| Financial debts | 170/4 | €485,780 | €442,744 | -€43,035 | -8.9% |
| Amounts payable within one year | 42/48 | €346,470 | €327,606 | -€18,864 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €47,189 | €49,627 | +€2,438 | +5.2% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Other loans | 439 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €528 | €3,745 | +€3,217 | +610% |
| Suppliers | 440/4 | €528 | €3,745 | +€3,217 | +610% |
| Taxes, remuneration and social security | 45 | €3,745 | €0 | -€3,745 | -100% |
| Taxes | 450/3 | €3,745 | €0 | -€3,745 | -100% |
| Other amounts payable | 47/48 | €295,009 | €269,234 | -€25,775 | -8.7% |
| Accrued charges and deferred income | 492/3 | €3,563 | €8,338 | +€4,775 | +134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,916 | €53,103 | +€188 | +0.4% |
| Other operating charges | 640/8 | €203 | €5,898 | +€5,695 | +2,804% |
| Gross operating margin | 9900 | €97,572 | €90,343 | -€7,229 | -7.4% |
| Operating profit (loss) | 9901 | €44,454 | €31,341 | -€13,112 | -29.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,516 | €12,080 | -€436 | -3.5% |
| Recurring financial charges | 65 | €12,516 | €12,080 | -€436 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €31,938 | €19,261 | -€12,677 | -39.7% |
| Income taxes | 67/77 | €6,545 | €4,963 | -€1,582 | -24.2% |
| Profit (loss) for the period | 9904 | €25,393 | €14,298 | -€11,095 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,393 | €14,298 | -€11,095 | -43.7% |
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 13 October 2026 via checked.be.