LALOUMON: 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.
What changed
LALOUMON
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€340,382
2024 · €122,662-€463,044
Equity
-€911,992
2024 · -€571,610-€340,382
Cash
€10,836
2024 · €19,589-€8,753
Balance sheet total
€9.6m
2024 · €7.5m+€2.1m
Largest movements
Assets
- Tangible fixed assets +€1.9m
up €1.9m (+26.0%), from €7.3m to €9.2m
of which Land and buildings: +€1.6m
Equity and liabilities
- Short-term financial debts +€1.7m
new in 2025: €1.7m
- Debts after one year -€598,535
no longer reported in 2025 (was €598,535)
- Current portion of long-term debt +€562,219
up €562,219 (+1,548%), from €36,316 to €598,535
- Other debts +€385,381
up €385,381 (+5.2%), from €7.4m to €7.8m
- Profit (loss) carried forward -€340,382
down €340,382 (-38.7%), from -€880,206 to -€1.2m
Income statement
- Depreciation +€256,941
up €256,941 (+119%), from €216,067 to €473,009
- Other operating charges +€147,952
up €147,952 (+161%), from €92,078 to €240,030
- Financial charges +€101,860
up €101,860 (+206%), from €49,531 to €151,391
- Gross operating margin +€72,121
up €72,121 (+14.6%), from €493,561 to €565,681
- Staff costs +€30,341
up €30,341 (+225%), from €13,512 to €43,853
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.
Result 2024
€122,662
Gross operating margin
+€72,121
Staff costs
-€30,341
Depreciation
-€256,941
Other operating charges
-€147,952
Financial income
+€1,929
Financial charges
-€101,860
Result 2025
-€340,382
raises the resultlowers the result
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.
From operations
+€794,283
Investment
-€2.5m
Financing
+€1.7m
Cash 2024
€19,589
From operations (derived)
+€794,283
Net result for the year
-€340,382
Depreciation
+€473,009
Receivables within one year
-€84,683
Deferred charges and accrued income
+€18,092
Trade debts
+€320,191
Tax, wage and social debts
+€3,448
Other debts
+€385,381
Accrued charges and deferred income
+€19,227
Investment (derived)
-€2.5m
Investment in fixed assets (net)
-€2.5m
Financing
+€1.7m
Debts after one year
-€598,535
Current portion of long-term debt
+€562,219
Short-term financial debts
+€1.7m
Cash 2025
€10,836
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,512,001 | €9,563,550 | +€2.1m | +27.3% |
| Fixed assets | 21/28 | €7,340,885 | €9,334,596 | +€2.0m | +27.2% |
| Tangible fixed assets | 22/27 | €7,340,883 | €9,249,595 | +€1.9m | +26.0% |
| Land and buildings | 22 | €7,206,466 | €8,762,410 | +€1.6m | +21.6% |
| Plant, machinery and equipment | 23 | €110,408 | €456,429 | +€346,021 | +313% |
| Furniture and vehicles | 24 | €1,009 | €756 | -€253 | -25.0% |
| Other tangible fixed assets | 26 | €23,000 | €30,000 | +€7,000 | +30.4% |
| Financial fixed assets | 28 | €2 | €85,001 | +€84,999 | +4,249,950% |
| Current assets | 29/58 | €171,116 | €228,954 | +€57,838 | +33.8% |
| Amounts receivable within one year | 40/41 | €133,435 | €218,118 | +€84,683 | +63.5% |
| Trade receivables | 40 | €69,291 | €23,722 | -€45,568 | -65.8% |
| Other amounts receivable | 41 | €64,144 | €194,396 | +€130,252 | +203% |
| Cash at bank and in hand | 54/58 | €19,589 | €10,836 | -€8,753 | -44.7% |
| Deferred charges and accrued income | 490/1 | €18,092 | - | -€18,092 | |
| Total equity and liabilities | 10/49 | €7,512,001 | €9,563,550 | +€2.1m | +27.3% |
| Equity | 10/15 | -€571,610 | -€911,992 | -€340,382 | -59.5% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €184,596 | €184,596 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,943 | €22,943 | = | 0.0% |
| Legal reserve | 130 | €22,943 | €22,943 | = | 0.0% |
| Distributable reserves | 133 | €161,653 | €161,653 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€880,206 | -€1,220,588 | -€340,382 | -38.7% |
| Amounts payable | 17/49 | €8,083,611 | €10,475,541 | +€2.4m | +29.6% |
| Amounts payable after more than one year | 17 | €598,535 | - | -€598,535 | |
| Financial debts | 170/4 | €598,535 | - | -€598,535 | |
| Amounts payable within one year | 42/48 | €7,484,487 | €10,455,726 | +€3.0m | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €36,316 | €598,535 | +€562,219 | +1,548% |
| Financial debts | 43 | - | €1,700,000 | +€1.7m | |
| Credit institutions | 430/8 | - | €1,700,000 | +€1.7m | |
| Trade debts | 44 | €76,347 | €396,538 | +€320,191 | +419% |
| Suppliers | 440/4 | €76,347 | €396,538 | +€320,191 | +419% |
| Taxes, remuneration and social security | 45 | €1,624 | €5,072 | +€3,448 | +212% |
| Remuneration and social security | 454/9 | €1,624 | €5,072 | +€3,448 | +212% |
| Other amounts payable | 47/48 | €7,370,199 | €7,755,581 | +€385,381 | +5.2% |
| Accrued charges and deferred income | 492/3 | €589 | €19,816 | +€19,227 | +3,267% |
| Remuneration, social security and pensions | 62 | €13,512 | €43,853 | +€30,341 | +225% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,067 | €473,009 | +€256,941 | +119% |
| Other operating charges | 640/8 | €92,078 | €240,030 | +€147,952 | +161% |
| Gross operating margin | 9900 | €493,561 | €565,681 | +€72,121 | +14.6% |
| Operating profit (loss) | 9901 | €171,903 | -€191,210 | -€363,113 | |
| Financial income | 75/76B | €289 | €2,218 | +€1,929 | +667% |
| Recurring financial income | 75 | €289 | €2,218 | +€1,929 | +667% |
| Financial charges | 65/66B | €49,531 | €151,391 | +€101,860 | +206% |
| Recurring financial charges | 65 | €49,531 | €151,391 | +€101,860 | +206% |
| Profit (loss) for the period before taxes | 9903 | €122,662 | -€340,382 | -€463,044 | |
| Profit (loss) for the period | 9904 | €122,662 | -€340,382 | -€463,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €122,662 | -€340,382 | -€463,044 |
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 14 October 2026 via checked.be.