L & M 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 & M IMMO
Largest movements
- Cash -€7,267
down €7,267 (-91.6%), from €7,931 to €665
mainly Net result for the year (-€13,733) and Trade debts (-€67)
- Profit (loss) carried forward -€13,733
down €13,733 (-93.5%), from -€14,688 to -€28,422
- Other debts +€6,534
up €6,534 (+10.9%), from €59,834 to €66,368
- Other operating charges -€3,274
down €3,274 (-43.4%), from €7,546 to €4,273
- Taxes +€3,191
new in 2025: €3,191
- Gross operating margin -€1,516
down €1,516 (-32.2%), from -€4,715 to -€6,231
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 | €149,330 | €142,064 | -€7,267 | -4.9% |
| Fixed assets | 21/28 | €141,399 | €141,399 | = | 0.0% |
| Tangible fixed assets | 22/27 | €141,371 | €141,371 | = | 0.0% |
| Land and buildings | 22 | €141,240 | €141,240 | = | 0.0% |
| Furniture and vehicles | 24 | €131 | €131 | = | 0.0% |
| Financial fixed assets | 28 | €28 | €28 | = | 0.0% |
| Current assets | 29/58 | €7,931 | €665 | -€7,267 | -91.6% |
| Cash at bank and in hand | 54/58 | €7,931 | €665 | -€7,267 | -91.6% |
| Total equity and liabilities | 10/49 | €149,330 | €142,064 | -€7,267 | -4.9% |
| Equity | 10/15 | -€7,821 | -€21,554 | -€13,733 | -176% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €667 | €667 | = | 0.0% |
| Non-distributable reserves | 130/1 | €667 | €667 | = | 0.0% |
| Legal reserve | 130 | €667 | €667 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,688 | -€28,422 | -€13,733 | -93.5% |
| Amounts payable | 17/49 | €157,151 | €163,618 | +€6,467 | +4.1% |
| Amounts payable after more than one year | 17 | €97,250 | €97,250 | = | 0.0% |
| Financial debts | 170/4 | €90,000 | €90,000 | = | 0.0% |
| Other amounts payable | 178/9 | €7,250 | €7,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,901 | €66,368 | +€6,467 | +10.8% |
| Trade debts | 44 | €67 | - | -€67 | |
| Suppliers | 440/4 | €67 | - | -€67 | |
| Other amounts payable | 47/48 | €59,834 | €66,368 | +€6,534 | +10.9% |
| Other operating charges | 640/8 | €7,546 | €4,273 | -€3,274 | -43.4% |
| Gross operating margin | 9900 | -€4,715 | -€6,231 | -€1,516 | -32.2% |
| Operating profit (loss) | 9901 | -€12,261 | -€10,504 | +€1,757 | +14.3% |
| Financial charges | 65/66B | €38 | €39 | +€2 | +4.0% |
| Recurring financial charges | 65 | €38 | €39 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,299 | -€10,543 | +€1,756 | +14.3% |
| Income taxes | 67/77 | - | €3,191 | +€3,191 | |
| Profit (loss) for the period | 9904 | -€12,299 | -€13,733 | -€1,435 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,299 | -€13,733 | -€1,435 | -11.7% |
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 16 October 2026 via checked.be.