L&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&G IMMO
Largest movements
- Tangible fixed assets +€71,219
up €71,219 (+6.5%), from €1.1m to €1.2m
- Debts after one year +€123,266
up €123,266 (+11.1%), from €1.1m to €1.2m
of which Other amounts payable: +€984,000
- Profit (loss) carried forward -€57,786
down €57,786 (-40.3%), from -€143,360 to -€201,146
- Trade debts +€24,306
up €24,306 (+4,153%), from €585 to €24,891
- Depreciation +€7,496
up €7,496 (+12.2%), from €61,560 to €69,056
- Other operating charges -€1,177
down €1,177 (-14.1%), from €8,324 to €7,146
- Financial charges -€1,026
down €1,026 (-8.0%), from €12,863 to €11,837
- Gross operating margin +€670
up €670 (+2.3%), from €29,580 to €30,250
- Financial income -€662
down €662 (-99.4%), from €666 to €4
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 | €1,101,873 | €1,182,636 | +€80,763 | +7.3% |
| Fixed assets | 21/28 | €1,097,025 | €1,168,243 | +€71,219 | +6.5% |
| Tangible fixed assets | 22/27 | €1,097,025 | €1,168,243 | +€71,219 | +6.5% |
| Land and buildings | 22 | €1,097,025 | €1,168,243 | +€71,219 | +6.5% |
| Current assets | 29/58 | €4,848 | €14,393 | +€9,545 | +197% |
| Amounts receivable within one year | 40/41 | €168 | €4 | -€164 | -97.5% |
| Trade receivables | 40 | €160 | €0 | -€160 | -100% |
| Other amounts receivable | 41 | €8 | €4 | -€4 | -46.5% |
| Cash at bank and in hand | 54/58 | €3,272 | €12,474 | +€9,202 | +281% |
| Deferred charges and accrued income | 490/1 | €1,408 | €1,915 | +€507 | +36.0% |
| Total equity and liabilities | 10/49 | €1,101,873 | €1,182,636 | +€80,763 | +7.3% |
| Equity | 10/15 | -€53,360 | -€111,146 | -€57,786 | -108% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,360 | -€201,146 | -€57,786 | -40.3% |
| Amounts payable | 17/49 | €1,155,233 | €1,293,782 | +€138,550 | +12.0% |
| Amounts payable after more than one year | 17 | €1,110,854 | €1,234,121 | +€123,266 | +11.1% |
| Financial debts | 170/4 | €1,110,854 | €250,121 | -€860,734 | -77.5% |
| Other amounts payable | 178/9 | - | €984,000 | +€984,000 | |
| Amounts payable within one year | 42/48 | €43,332 | €58,706 | +€15,374 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €28,833 | €29,996 | +€1,163 | +4.0% |
| Trade debts | 44 | €585 | €24,891 | +€24,306 | +4,153% |
| Suppliers | 440/4 | €585 | €24,891 | +€24,306 | +4,153% |
| Other amounts payable | 47/48 | €13,914 | €3,820 | -€10,094 | -72.5% |
| Accrued charges and deferred income | 492/3 | €1,046 | €955 | -€91 | -8.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,560 | €69,056 | +€7,496 | +12.2% |
| Other operating charges | 640/8 | €8,324 | €7,146 | -€1,177 | -14.1% |
| Gross operating margin | 9900 | €29,580 | €30,250 | +€670 | +2.3% |
| Operating profit (loss) | 9901 | -€40,304 | -€45,952 | -€5,648 | -14.0% |
| Financial income | 75/76B | €666 | €4 | -€662 | -99.4% |
| Recurring financial income | 75 | €666 | €4 | -€662 | -99.4% |
| Financial charges | 65/66B | €12,863 | €11,837 | -€1,026 | -8.0% |
| Recurring financial charges | 65 | €12,863 | €11,837 | -€1,026 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€52,500 | -€57,785 | -€5,285 | -10.1% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€52,500 | -€57,786 | -€5,286 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,500 | -€57,786 | -€5,286 | -10.1% |
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 24 October 2026 via checked.be.