LB IMMO: what changed
Two fiscal 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.
LB IMMO
Largest movements
- Tangible fixed assets -€36,000
down €36,000 (-4.6%), from €784,000 to €748,000
- Debts after one year -€52,532
down €52,532 (-8.4%), from €627,233 to €574,701
- Profit (loss) carried forward +€14,897
up €14,897 (+94.1%), from -€15,829 to -€932
- Gross operating margin -€26,781
down €26,781 (-28.4%), from €94,269 to €67,488
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.
Cash bridge derived
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 | €907,165 | €862,727 | -€44,438 | -4.9% |
| Fixed assets | 21/28 | €784,000 | €748,000 | -€36,000 | -4.6% |
| Tangible fixed assets | 22/27 | €784,000 | €748,000 | -€36,000 | -4.6% |
| Land and buildings | 22 | €784,000 | €748,000 | -€36,000 | -4.6% |
| Current assets | 29/58 | €123,165 | €114,727 | -€8,438 | -6.9% |
| Amounts receivable within one year | 40/41 | €114,516 | €114,516 | = | 0.0% |
| Other amounts receivable | 41 | €114,516 | €114,516 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,649 | €211 | -€8,438 | -97.6% |
| Total equity and liabilities | 10/49 | €907,165 | €862,727 | -€44,438 | -4.9% |
| Equity | 10/15 | €215,705 | €228,792 | +€13,087 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,829 | -€932 | +€14,897 | +94.1% |
| Investment grants | 15 | €25,334 | €23,524 | -€1,810 | -7.1% |
| Amounts payable | 17/49 | €691,460 | €633,935 | -€57,525 | -8.3% |
| Amounts payable after more than one year | 17 | €627,233 | €574,701 | -€52,532 | -8.4% |
| Financial debts | 170/4 | €627,233 | €574,701 | -€52,532 | -8.4% |
| Amounts payable within one year | 42/48 | €58,414 | €59,234 | +€820 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €56,708 | €57,516 | +€807 | +1.4% |
| Trade debts | 44 | €1,706 | €1,718 | +€12 | +0.7% |
| Suppliers | 440/4 | €1,706 | €1,718 | +€12 | +0.7% |
| Accrued charges and deferred income | 492/3 | €5,813 | - | -€5,813 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,000 | €36,000 | = | 0.0% |
| Other operating charges | 640/8 | €9,536 | €10,195 | +€658 | +6.9% |
| Gross operating margin | 9900 | €94,269 | €67,488 | -€26,781 | -28.4% |
| Operating profit (loss) | 9901 | €48,733 | €21,293 | -€27,440 | -56.3% |
| Financial income | 75/76B | €1,732 | €1,810 | +€77 | +4.5% |
| Recurring financial income | 75 | €1,732 | €1,810 | +€77 | +4.5% |
| Financial charges | 65/66B | €8,977 | €8,206 | -€771 | -8.6% |
| Recurring financial charges | 65 | €8,977 | €8,206 | -€771 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €41,488 | €14,897 | -€26,591 | -64.1% |
| Profit (loss) for the period | 9904 | €41,488 | €14,897 | -€26,591 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,488 | €14,897 | -€26,591 | -64.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.