L'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'immo
Largest movements
- Tangible fixed assets +€42,510
up €42,510 (+7.6%), from €556,447 to €598,957
of which Land and buildings: +€44,504
- Cash +€10,990
up €10,990 (+402.2%), from €2,732 to €13,722
mainly Other debts (+€68,440) and Trade debts (+€3,466)
- Other debts +€68,440
up €68,440 (+12.6%), from €544,569 to €613,009
- Profit (loss) carried forward -€18,334
down €18,334 (-33.4%), from -€54,893 to -€73,227
- Gross operating margin +€1,473
up €1,473 (+9.6%), from -€15,363 to -€13,890
- Depreciation -€456
down €456 (-13.2%), from €3,444 to €2,988
- Other operating charges -€217
down €217 (-15.4%), from €1,415 to €1,198
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.
Cash bridge derived
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 | €560,648 | €614,220 | +€53,571 | +9.6% |
| Fixed assets | 21/28 | €556,447 | €598,957 | +€42,510 | +7.6% |
| Tangible fixed assets | 22/27 | €556,447 | €598,957 | +€42,510 | +7.6% |
| Land and buildings | 22 | €546,379 | €590,884 | +€44,504 | +8.1% |
| Plant, machinery and equipment | 23 | €8,457 | €7,672 | -€785 | -9.3% |
| Furniture and vehicles | 24 | €21 | - | -€21 | |
| Other tangible fixed assets | 26 | €1,590 | €402 | -€1,188 | -74.7% |
| Current assets | 29/58 | €4,202 | €15,263 | +€11,061 | +263.3% |
| Amounts receivable within one year | 40/41 | €1,469 | €1,541 | +€72 | +4.9% |
| Trade receivables | 40 | €553 | €553 | = | 0.0% |
| Other amounts receivable | 41 | €917 | €988 | +€72 | +7.8% |
| Cash at bank and in hand | 54/58 | €2,732 | €13,722 | +€10,990 | +402.2% |
| Total equity and liabilities | 10/49 | €560,648 | €614,220 | +€53,571 | +9.6% |
| Equity | 10/15 | €9,647 | -€8,687 | -€18,334 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €3,040 | €3,040 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,040 | €3,040 | = | 0.0% |
| Legal reserve | 130 | €3,040 | €3,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,893 | -€73,227 | -€18,334 | -33.4% |
| Amounts payable | 17/49 | €551,002 | €622,907 | +€71,906 | +13.0% |
| Amounts payable within one year | 42/48 | €551,002 | €622,907 | +€71,906 | +13.0% |
| Trade debts | 44 | €6,432 | €9,898 | +€3,466 | +53.9% |
| Suppliers | 440/4 | €6,432 | €9,898 | +€3,466 | +53.9% |
| Other amounts payable | 47/48 | €544,569 | €613,009 | +€68,440 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,444 | €2,988 | -€456 | -13.2% |
| Other operating charges | 640/8 | €1,415 | €1,198 | -€217 | -15.4% |
| Gross operating margin | 9900 | -€15,363 | -€13,890 | +€1,473 | +9.6% |
| Operating profit (loss) | 9901 | -€20,222 | -€18,076 | +€2,146 | +10.6% |
| Financial charges | 65/66B | €321 | €258 | -€63 | -19.6% |
| Recurring financial charges | 65 | €321 | €258 | -€63 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,543 | -€18,334 | +€2,209 | +10.8% |
| Profit (loss) for the period | 9904 | -€20,543 | -€18,334 | +€2,209 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,543 | -€18,334 | +€2,209 | +10.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.