L&S IMMOTECH: 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&S IMMOTECH
Largest movements
- Cash -€22,023
down €22,023 (-15.6%), from €140,746 to €118,723
mainly Contributions, distributions and other (-€90,000) and Receivables within one year (-€19,264)
- Receivables within one year +€19,264
up €19,264 (+480%), from €4,013 to €23,277
of which Other amounts receivable: +€11,317
- Tangible fixed assets -€16,333
down €16,333 (-27.1%), from €60,179 to €43,846
of which Furniture and vehicles: -€14,855
- Profit (loss) carried forward -€65,606
down €65,606 (-67.6%), from €97,072 to €31,466
- Other debts +€52,846
up €52,846 (+83.4%), from €63,361 to €116,207
- Debts after one year -€8,334
down €8,334 (-29.2%), from €28,526 to €20,192
- Gross operating margin -€32,750
down €32,750 (-39.4%), from €83,116 to €50,366
- Taxes -€6,807
down €6,807 (-51.9%), from €13,124 to €6,317
- Depreciation +€2,386
up €2,386 (+17.1%), from €13,947 to €16,333
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 | €205,901 | €186,889 | -€19,012 | -9.2% |
| Fixed assets | 21/28 | €60,179 | €43,846 | -€16,333 | -27.1% |
| Tangible fixed assets | 22/27 | €60,179 | €43,846 | -€16,333 | -27.1% |
| Plant, machinery and equipment | 23 | €2,546 | €1,754 | -€792 | -31.1% |
| Furniture and vehicles | 24 | €52,321 | €37,466 | -€14,855 | -28.4% |
| Other tangible fixed assets | 26 | €5,312 | €4,626 | -€686 | -12.9% |
| Current assets | 29/58 | €145,723 | €143,043 | -€2,679 | -1.8% |
| Amounts receivable within one year | 40/41 | €4,013 | €23,277 | +€19,264 | +480% |
| Trade receivables | 40 | €3,330 | €11,277 | +€7,947 | +239% |
| Other amounts receivable | 41 | €683 | €12,000 | +€11,317 | +1,657% |
| Cash at bank and in hand | 54/58 | €140,746 | €118,723 | -€22,023 | -15.6% |
| Deferred charges and accrued income | 490/1 | €963 | €1,043 | +€80 | +8.3% |
| Total equity and liabilities | 10/49 | €205,901 | €186,889 | -€19,012 | -9.2% |
| Equity | 10/15 | €102,072 | €36,466 | -€65,606 | -64.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,072 | €31,466 | -€65,606 | -67.6% |
| Amounts payable | 17/49 | €103,829 | €150,423 | +€46,594 | +44.9% |
| Amounts payable after more than one year | 17 | €28,526 | €20,192 | -€8,334 | -29.2% |
| Financial debts | 170/4 | €28,526 | €20,192 | -€8,334 | -29.2% |
| Amounts payable within one year | 42/48 | €75,303 | €128,863 | +€53,560 | +71.1% |
| Current portion of amounts payable after more than one year | 42 | €7,965 | €8,334 | +€369 | +4.6% |
| Trade debts | 44 | €3,512 | €2,413 | -€1,098 | -31.3% |
| Suppliers | 440/4 | €3,512 | €2,413 | -€1,098 | -31.3% |
| Taxes, remuneration and social security | 45 | €465 | €1,909 | +€1,444 | +310% |
| Taxes | 450/3 | €465 | €1,909 | +€1,444 | +310% |
| Other amounts payable | 47/48 | €63,361 | €116,207 | +€52,846 | +83.4% |
| Accrued charges and deferred income | 492/3 | - | €1,368 | +€1,368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,947 | €16,333 | +€2,386 | +17.1% |
| Other operating charges | 640/8 | €326 | €274 | -€52 | -16.0% |
| Gross operating margin | 9900 | €83,116 | €50,366 | -€32,750 | -39.4% |
| Operating profit (loss) | 9901 | €68,843 | €33,759 | -€35,084 | -51.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,634 | €3,049 | +€415 | +15.8% |
| Recurring financial charges | 65 | €2,634 | €3,049 | +€415 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €66,209 | €30,710 | -€35,499 | -53.6% |
| Income taxes | 67/77 | €13,124 | €6,317 | -€6,807 | -51.9% |
| Profit (loss) for the period | 9904 | €53,086 | €24,394 | -€28,692 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,086 | €24,394 | -€28,692 | -54.0% |
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 25 October 2026 via checked.be.