L & B Group 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 & B Group Immo
Largest movements
- Cash -€109,297
down €109,297 (-41.8%), from €261,234 to €151,937
mainly Trade debts (-€77,210) and Advances received (-€48,280)
- Receivables within one year -€33,933
down €33,933 (-11.7%), from €289,681 to €255,748
of which Other amounts receivable: -€22,662
- Trade debts -€77,210
down €77,210 (-48.3%), from €159,754 to €82,545
- Advances received -€48,280
down €48,280 (-26.1%), from €185,000 to €136,720
- Tax, wage and social debts -€26,691
down €26,691 (-52.6%), from €50,768 to €24,078
of which Taxes: -€26,217
- Reserves +€10,165
up €10,165 (+6.3%), from €160,591 to €170,756
of which Distributable reserves: +€10,165
- Gross operating margin +€10,087
up €10,087 (+15.8%), from €63,685 to €73,772
- Financial income +€5,474
up €5,474 (+64,020%), from €9 to €5,482
- Staff costs +€4,813
up €4,813 (+10.4%), from €46,350 to €51,164
- Taxes +€3,072
up €3,072 (+67.8%), from €4,530 to €7,603
- Other operating charges +€886
up €886 (+26.8%), from €3,302 to €4,188
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 | €562,314 | €420,727 | -€141,587 | -25.2% |
| Fixed assets | 21/28 | €8,015 | €12,756 | +€4,741 | +59.1% |
| Tangible fixed assets | 22/27 | €7,875 | €12,616 | +€4,741 | +60.2% |
| Plant, machinery and equipment | 23 | €1,516 | €1,136 | -€380 | -25.1% |
| Furniture and vehicles | 24 | €3,608 | €9,102 | +€5,494 | +152% |
| Other tangible fixed assets | 26 | €2,751 | €2,378 | -€373 | -13.6% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €554,298 | €407,971 | -€146,328 | -26.4% |
| Amounts receivable within one year | 40/41 | €289,681 | €255,748 | -€33,933 | -11.7% |
| Trade receivables | 40 | €173,266 | €161,995 | -€11,270 | -6.5% |
| Other amounts receivable | 41 | €116,415 | €93,753 | -€22,662 | -19.5% |
| Cash at bank and in hand | 54/58 | €261,234 | €151,937 | -€109,297 | -41.8% |
| Deferred charges and accrued income | 490/1 | €3,383 | €285 | -€3,098 | -91.6% |
| Total equity and liabilities | 10/49 | €562,314 | €420,727 | -€141,587 | -25.2% |
| Equity | 10/15 | €166,791 | €176,956 | +€10,165 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €160,591 | €170,756 | +€10,165 | +6.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €158,731 | €168,896 | +€10,165 | +6.4% |
| Amounts payable | 17/49 | €395,523 | €243,771 | -€151,752 | -38.4% |
| Amounts payable within one year | 42/48 | €395,523 | €243,342 | -€152,180 | -38.5% |
| Trade debts | 44 | €159,754 | €82,545 | -€77,210 | -48.3% |
| Suppliers | 440/4 | €159,754 | €82,545 | -€77,210 | -48.3% |
| Advances received on contracts in progress | 46 | €185,000 | €136,720 | -€48,280 | -26.1% |
| Taxes, remuneration and social security | 45 | €50,768 | €24,078 | -€26,691 | -52.6% |
| Taxes | 450/3 | €39,953 | €13,736 | -€26,217 | -65.6% |
| Remuneration and social security | 454/9 | €10,815 | €10,342 | -€473 | -4.4% |
| Accrued charges and deferred income | 492/3 | - | €429 | +€429 | |
| Remuneration, social security and pensions | 62 | €46,350 | €51,164 | +€4,813 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,579 | €3,890 | +€311 | +8.7% |
| Other operating charges | 640/8 | €3,302 | €4,188 | +€886 | +26.8% |
| Gross operating margin | 9900 | €63,685 | €73,772 | +€10,087 | +15.8% |
| Operating profit (loss) | 9901 | €10,454 | €14,531 | +€4,077 | +39.0% |
| Financial income | 75/76B | €9 | €5,482 | +€5,474 | +64,020% |
| Recurring financial income | 75 | €9 | €5,482 | +€5,474 | +64,020% |
| Financial charges | 65/66B | €3,000 | €2,246 | -€755 | -25.2% |
| Recurring financial charges | 65 | €3,000 | €2,246 | -€755 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €7,462 | €17,767 | +€10,305 | +138% |
| Income taxes | 67/77 | €4,530 | €7,603 | +€3,072 | +67.8% |
| Profit (loss) for the period | 9904 | €2,931 | €10,165 | +€7,233 | +247% |
| Profit (loss) for the period to be appropriated | 9905 | €2,931 | €10,165 | +€7,233 | +247% |
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 22 October 2026 via checked.be.