L&C IMMO: what changed
Two fiscal 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&C IMMO
Largest movements
- Stocks and contracts -€575,366
down €575,366 (-27.1%), from €2.1m to €1.6m
- Cash -€94,525
down €94,525 (-75.9%), from €124,485 to €29,960
mainly Short-term financial debts (-€705,463) and Receivables within one year (-€60,057)
- Receivables within one year +€60,057
up €60,057 (+7.2%), from €833,606 to €893,663
of which Other amounts receivable: +€58,557
- Short-term financial debts -€705,463
down €705,463 (-41.1%), from €1.7m to €1.0m
- Other debts +€84,288
up €84,288 (+4.0%), from €2.1m to €2.2m
- Gross operating margin +€109,110
up €109,110 (+1577.6%), from €6,916 to €116,027
- Other operating charges -€48,082
down €48,082 (-97.8%), from €49,148 to €1,066
- Financial charges -€41,893
down €41,893 (-23.1%), from €181,147 to €139,254
- Financial income +€7,737
up €7,737 (+27.1%), from €28,544 to €36,281
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 | €3,108,327 | €2,474,337 | -€633,990 | -20.4% |
| Current assets | 29/58 | €3,108,327 | €2,474,337 | -€633,990 | -20.4% |
| Stocks and contracts in progress | 3 | €2,125,971 | €1,550,605 | -€575,366 | -27.1% |
| Stocks | 30/36 | €2,125,971 | €1,550,605 | -€575,366 | -27.1% |
| Amounts receivable within one year | 40/41 | €833,606 | €893,663 | +€60,057 | +7.2% |
| Trade receivables | 40 | €116 | €1,616 | +€1,500 | +1298.7% |
| Other amounts receivable | 41 | €833,491 | €892,047 | +€58,557 | +7.0% |
| Cash at bank and in hand | 54/58 | €124,485 | €29,960 | -€94,525 | -75.9% |
| Deferred charges and accrued income | 490/1 | €24,265 | €110 | -€24,155 | -99.5% |
| Total equity and liabilities | 10/49 | €3,108,327 | €2,474,337 | -€633,990 | -20.4% |
| Equity | 10/15 | -€822,129 | -€810,143 | +€11,987 | +1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€842,129 | -€830,143 | +€11,987 | +1.4% |
| Amounts payable | 17/49 | €3,930,457 | €3,284,480 | -€645,977 | -16.4% |
| Amounts payable after more than one year | 17 | €86,698 | €76,100 | -€10,599 | -12.2% |
| Financial debts | 170/4 | €86,698 | €76,100 | -€10,599 | -12.2% |
| Amounts payable within one year | 42/48 | €3,837,273 | €3,207,743 | -€629,530 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €10,318 | €10,599 | +€281 | +2.7% |
| Financial debts | 43 | €1,715,463 | €1,010,000 | -€705,463 | -41.1% |
| Credit institutions | 430/8 | €1,715,463 | €1,010,000 | -€705,463 | -41.1% |
| Trade debts | 44 | €10,051 | €1,415 | -€8,636 | -85.9% |
| Suppliers | 440/4 | €10,051 | €1,415 | -€8,636 | -85.9% |
| Other amounts payable | 47/48 | €2,101,441 | €2,185,729 | +€84,288 | +4.0% |
| Accrued charges and deferred income | 492/3 | €6,485 | €637 | -€5,848 | -90.2% |
| Other operating charges | 640/8 | €49,148 | €1,066 | -€48,082 | -97.8% |
| Gross operating margin | 9900 | €6,916 | €116,027 | +€109,110 | +1577.6% |
| Operating profit (loss) | 9901 | -€42,232 | €114,960 | +€157,192 | |
| Financial income | 75/76B | €28,544 | €36,281 | +€7,737 | +27.1% |
| Recurring financial income | 75 | €28,544 | €36,281 | +€7,737 | +27.1% |
| Financial charges | 65/66B | €181,147 | €139,254 | -€41,893 | -23.1% |
| Recurring financial charges | 65 | €181,147 | €139,254 | -€41,893 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€194,836 | €11,987 | +€206,822 | |
| Profit (loss) for the period | 9904 | -€194,836 | €11,987 | +€206,822 | |
| Profit (loss) for the period to be appropriated | 9905 | -€194,836 | €11,987 | +€206,822 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.