LA-F Immo: what changed
LA-F Immo
Largest movements
- Stocks and contracts +€237,295
up €237,295 (+144%), from €165,000 to €402,295
- Cash -€19,601
down €19,601 (-36.5%), from €53,766 to €34,165
mainly Stocks and contracts (-€237,295) and Net result for the year (-€35,771)
- Debts after one year +€150,000
new in 2025: €150,000
- Short-term financial debts +€105,000
up €105,000 (+52.5%), from €200,000 to €305,000
- Profit (loss) carried forward -€35,771
down €35,771 (-551%), from -€6,487 to -€42,258
- Gross operating margin -€51,686
down €51,686, from €20,279 to -€31,407
- Financial charges -€1,716
down €1,716 (-31.7%), from €5,412 to €3,696
of which Financial charges: -€1,816
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,552 | €440,245 | +€217,693 | +97.8% |
| Fixed assets | 21/28 | €3,185 | €3,185 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,185 | €3,185 | = | 0.0% |
| Furniture and vehicles | 24 | €3,185 | €3,185 | = | 0.0% |
| Current assets | 29/58 | €219,367 | €437,060 | +€217,693 | +99.2% |
| Stocks and contracts in progress | 3 | €165,000 | €402,295 | +€237,295 | +144% |
| Stocks | 30/36 | €165,000 | €402,295 | +€237,295 | +144% |
| Amounts receivable within one year | 40/41 | - | €600 | +€600 | |
| Other amounts receivable | 41 | - | €600 | +€600 | |
| Cash at bank and in hand | 54/58 | €53,766 | €34,165 | -€19,601 | -36.5% |
| Deferred charges and accrued income | 490/1 | €601 | - | -€601 | |
| Total equity and liabilities | 10/49 | €222,552 | €440,245 | +€217,693 | +97.8% |
| Equity | 10/15 | €5,513 | -€30,258 | -€35,771 | |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,487 | -€42,258 | -€35,771 | -551% |
| Amounts payable | 17/49 | €217,039 | €470,503 | +€253,464 | +117% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Other amounts payable | 178/9 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €217,039 | €320,503 | +€103,464 | +47.7% |
| Financial debts | 43 | €200,000 | €305,000 | +€105,000 | +52.5% |
| Credit institutions | 430/8 | €200,000 | €305,000 | +€105,000 | +52.5% |
| Trade debts | 44 | €4,158 | €969 | -€3,189 | -76.7% |
| Suppliers | 440/4 | €4,158 | €969 | -€3,189 | -76.7% |
| Other amounts payable | 47/48 | €12,881 | €14,534 | +€1,654 | +12.8% |
| Other operating charges | 640/8 | €619 | €668 | +€49 | +7.9% |
| Gross operating margin | 9900 | €20,279 | -€31,407 | -€51,686 | |
| Operating profit (loss) | 9901 | €19,660 | -€32,075 | -€51,736 | |
| Financial charges | 65/66B | €5,412 | €3,696 | -€1,716 | -31.7% |
| Recurring financial charges | 65 | €5,412 | €3,596 | -€1,816 | -33.6% |
| Non-recurring financial charges | 66B | - | €100 | +€100 | |
| Profit (loss) for the period before taxes | 9903 | €14,248 | -€35,771 | -€50,019 | |
| Profit (loss) for the period | 9904 | €14,248 | -€35,771 | -€50,019 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,248 | -€35,771 | -€50,019 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.