L.A.G. IMMO: 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.
L.A.G. IMMO
Largest movements
- Stocks and contracts -€82,675
down €82,675 (-42.4%), from €194,882 to €112,207
- Cash +€3,981
new in 2025: €3,981
mainly Stocks and contracts (+€82,675) and Net result for the year (+€31,036)
- Other debts -€80,600
down €80,600 (-46.6%), from €173,109 to €92,509
- Current portion of long-term debt -€33,593
no longer reported in 2025 (was €33,593)
- Profit (loss) carried forward +€31,036
up €31,036, from -€15,229 to €15,807
- Tax, wage and social debts +€4,473
new in 2025: €4,473
- Gross operating margin +€39,973
up €39,973, from -€1,950 to €38,023
- Taxes +€4,473
new in 2025: €4,473
- Financial charges -€1,984
down €1,984 (-59.0%), from €3,364 to €1,380
- Other operating charges +€748
up €748 (+193%), from €387 to €1,135
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 | €194,882 | €116,188 | -€78,694 | -40.4% |
| Current assets | 29/58 | €194,882 | €116,188 | -€78,694 | -40.4% |
| Stocks and contracts in progress | 3 | €194,882 | €112,207 | -€82,675 | -42.4% |
| Stocks | 30/36 | €194,882 | €112,207 | -€82,675 | -42.4% |
| Cash at bank and in hand | 54/58 | - | €3,981 | +€3,981 | |
| Total equity and liabilities | 10/49 | €194,882 | €116,188 | -€78,694 | -40.4% |
| Equity | 10/15 | -€12,229 | €18,807 | +€31,036 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,229 | €15,807 | +€31,036 | |
| Amounts payable | 17/49 | €207,111 | €97,381 | -€109,730 | -53.0% |
| Amounts payable within one year | 42/48 | €207,111 | €97,381 | -€109,730 | -53.0% |
| Current portion of amounts payable after more than one year | 42 | €33,593 | - | -€33,593 | |
| Financial debts | 43 | €22 | - | -€22 | |
| Credit institutions | 430/8 | €22 | - | -€22 | |
| Trade debts | 44 | €387 | €400 | +€12 | +3.2% |
| Suppliers | 440/4 | €387 | €400 | +€12 | +3.2% |
| Taxes, remuneration and social security | 45 | - | €4,473 | +€4,473 | |
| Taxes | 450/3 | - | €4,473 | +€4,473 | |
| Other amounts payable | 47/48 | €173,109 | €92,509 | -€80,600 | -46.6% |
| Other operating charges | 640/8 | €387 | €1,135 | +€748 | +193% |
| Gross operating margin | 9900 | -€1,950 | €38,023 | +€39,973 | |
| Operating profit (loss) | 9901 | -€2,337 | €36,888 | +€39,225 | |
| Financial charges | 65/66B | €3,364 | €1,380 | -€1,984 | -59.0% |
| Recurring financial charges | 65 | €3,364 | €1,380 | -€1,984 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,701 | €35,509 | +€41,210 | |
| Income taxes | 67/77 | - | €4,473 | +€4,473 | |
| Profit (loss) for the period | 9904 | -€5,701 | €31,036 | +€36,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,701 | €31,036 | +€36,737 |
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 28 October 2026 via checked.be.