L.D.L. 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.D.L. IMMO
Largest movements
- Tangible fixed assets -€29,329
down €29,329 (-6.8%), from €432,798 to €403,469
of which Land and buildings: -€22,534
- Cash +€27,023
up €27,023 (+739%), from €3,655 to €30,678
mainly Depreciation (+€30,290) and Net result for the year (+€15,450)
- Debts after one year -€21,294
down €21,294 (-6.3%), from €339,270 to €317,976
of which Financial debts: -€21,294
- Reserves +€15,000
up €15,000 (+46.4%), from €32,360 to €47,360
of which Distributable reserves: +€15,000
- Other debts +€4,462
up €4,462 (+17.2%), from €25,896 to €30,358
- Turnover +€25,007
up €25,007 (+30.0%), from €83,270 to €108,277
- Purchases and services +€18,765
up €18,765 (+69.6%), from €26,945 to €45,711
- Gross operating margin +€5,689
up €5,689 (+10.0%), from €56,878 to €62,566
- Taxes +€2,562
up €2,562 (+40.7%), from €6,298 to €8,860
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 | €441,489 | €438,093 | -€3,395 | -0.8% |
| Fixed assets | 21/28 | €432,798 | €403,469 | -€29,329 | -6.8% |
| Tangible fixed assets | 22/27 | €432,798 | €403,469 | -€29,329 | -6.8% |
| Land and buildings | 22 | €403,480 | €380,946 | -€22,534 | -5.6% |
| Plant, machinery and equipment | 23 | €11,819 | €8,906 | -€2,913 | -24.6% |
| Furniture and vehicles | 24 | €17,499 | €13,617 | -€3,883 | -22.2% |
| Current assets | 29/58 | €8,691 | €34,625 | +€25,934 | +298% |
| Amounts receivable within one year | 40/41 | €2,531 | €520 | -€2,011 | -79.5% |
| Other amounts receivable | 41 | €2,531 | €520 | -€2,011 | -79.5% |
| Cash at bank and in hand | 54/58 | €3,655 | €30,678 | +€27,023 | +739% |
| Deferred charges and accrued income | 490/1 | €2,506 | €3,427 | +€921 | +36.8% |
| Total equity and liabilities | 10/49 | €441,489 | €438,093 | -€3,395 | -0.8% |
| Equity | 10/15 | €49,139 | €64,589 | +€15,450 | +31.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €32,360 | €47,360 | +€15,000 | +46.4% |
| 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 | €30,500 | €45,500 | +€15,000 | +49.2% |
| Profit (loss) carried forward | 14 | €10,479 | €10,929 | +€450 | +4.3% |
| Amounts payable | 17/49 | €392,350 | €373,504 | -€18,846 | -4.8% |
| Amounts payable after more than one year | 17 | €339,270 | €317,976 | -€21,294 | -6.3% |
| Financial debts | 170/4 | €291,570 | €270,276 | -€21,294 | -7.3% |
| Other amounts payable | 178/9 | €47,700 | €47,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,080 | €55,528 | +€2,448 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €20,885 | €21,294 | +€409 | +2.0% |
| Trade debts | 44 | - | €15 | +€15 | |
| Suppliers | 440/4 | - | €15 | +€15 | |
| Taxes, remuneration and social security | 45 | €6,298 | €3,860 | -€2,438 | -38.7% |
| Taxes | 450/3 | €6,298 | €3,860 | -€2,438 | -38.7% |
| Other amounts payable | 47/48 | €25,896 | €30,358 | +€4,462 | +17.2% |
| Turnover | 70 | €83,270 | €108,277 | +€25,007 | +30.0% |
| Non-recurring operating income | 76A | €520 | - | -€520 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,945 | €45,711 | +€18,765 | +69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,408 | €30,290 | +€882 | +3.0% |
| Other operating charges | 640/8 | €1,941 | €2,003 | +€61 | +3.2% |
| Gross operating margin | 9900 | €56,878 | €62,566 | +€5,689 | +10.0% |
| Operating profit (loss) | 9901 | €25,529 | €30,274 | +€4,746 | +18.6% |
| Financial income | 75/76B | €2 | €3 | +€1 | +37.2% |
| Recurring financial income | 75 | €2 | €3 | +€1 | +37.2% |
| Financial charges | 65/66B | €6,375 | €5,966 | -€409 | -6.4% |
| Recurring financial charges | 65 | €6,375 | €5,966 | -€409 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €19,155 | €24,311 | +€5,156 | +26.9% |
| Income taxes | 67/77 | €6,298 | €8,860 | +€2,562 | +40.7% |
| Profit (loss) for the period | 9904 | €12,857 | €15,450 | +€2,593 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,857 | €15,450 | +€2,593 | +20.2% |
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 17 October 2026 via checked.be.