LAW 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.
LAW IMMO
Largest movements
- Cash +€13,823
up €13,823 (+57.2%), from €24,145 to €37,968
mainly Net result for the year (+€7,774) and Depreciation (+€7,324)
- Tangible fixed assets -€7,324
down €7,324 (-6.3%), from €116,017 to €108,694
- Reserves +€7,774
up €7,774 (+9.7%), from €80,145 to €87,918
- Depreciation +€744
up €744 (+11.3%), from €6,579 to €7,324
- Gross operating margin +€429
up €429 (+2.2%), from €19,807 to €20,236
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 | €142,868 | €150,769 | +€7,901 | +5.5% |
| Fixed assets | 21/28 | €116,017 | €108,694 | -€7,324 | -6.3% |
| Tangible fixed assets | 22/27 | €116,017 | €108,694 | -€7,324 | -6.3% |
| Land and buildings | 22 | €116,017 | €108,694 | -€7,324 | -6.3% |
| Current assets | 29/58 | €26,850 | €42,075 | +€15,225 | +56.7% |
| Amounts receivable within one year | 40/41 | €2,319 | €3,719 | +€1,400 | +60.4% |
| Other amounts receivable | 41 | €2,319 | €3,719 | +€1,400 | +60.4% |
| Cash at bank and in hand | 54/58 | €24,145 | €37,968 | +€13,823 | +57.2% |
| Deferred charges and accrued income | 490/1 | €386 | €389 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €142,868 | €150,769 | +€7,901 | +5.5% |
| Equity | 10/15 | €90,145 | €97,918 | +€7,774 | +8.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €80,145 | €87,918 | +€7,774 | +9.7% |
| Distributable reserves | 133 | €80,145 | €87,918 | +€7,774 | +9.7% |
| Amounts payable | 17/49 | €52,723 | €52,851 | +€128 | +0.2% |
| Amounts payable within one year | 42/48 | €52,723 | €52,851 | +€128 | +0.2% |
| Taxes, remuneration and social security | 45 | - | €128 | +€128 | |
| Taxes | 450/3 | - | €128 | +€128 | |
| Other amounts payable | 47/48 | €52,723 | €52,723 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,579 | €7,324 | +€744 | +11.3% |
| Other operating charges | 640/8 | €1,264 | €1,273 | +€9 | +0.7% |
| Gross operating margin | 9900 | €19,807 | €20,236 | +€429 | +2.2% |
| Operating profit (loss) | 9901 | €11,964 | €11,639 | -€325 | -2.7% |
| Financial charges | 65/66B | €238 | €238 | -€1 | -0.2% |
| Recurring financial charges | 65 | €238 | €238 | -€1 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €11,726 | €11,401 | -€324 | -2.8% |
| Income taxes | 67/77 | €3,731 | €3,628 | -€103 | -2.8% |
| Profit (loss) for the period | 9904 | €7,995 | €7,774 | -€221 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,995 | €7,774 | -€221 | -2.8% |
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 13 October 2026 via checked.be.