LB IMMO BELGIUM: 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.
LB IMMO BELGIUM
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€64,671
down €64,671 (-12.4%), from -€521,190 to -€585,860
- Debts after one year +€51,000
up €51,000 (+2.0%), from €2.5m to €2.6m
- Trade debts -€49,370
down €49,370 (-89.4%), from €55,201 to €5,830
- Accrued charges and deferred income +€40,855
up €40,855 (+104%), from €39,342 to €80,198
- Gross operating margin +€342,013
up €342,013, from -€234,736 to €107,277
- Depreciation +€21,628
up €21,628 (+20.8%), from €103,935 to €125,563
- Financial charges +€14,510
up €14,510 (+54.8%), from €26,470 to €40,980
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,186,853 | €2,164,668 | -€22,186 | -1.0% |
| Fixed assets | 21/28 | €2,146,432 | €2,163,898 | +€17,466 | +0.8% |
| Tangible fixed assets | 22/27 | €2,146,432 | €2,163,898 | +€17,466 | +0.8% |
| Land and buildings | 22 | €2,144,401 | €2,162,427 | +€18,026 | +0.8% |
| Furniture and vehicles | 24 | €2,031 | €1,471 | -€560 | -27.6% |
| Current assets | 29/58 | €40,421 | €769 | -€39,652 | -98.1% |
| Amounts receivable within one year | 40/41 | €15,000 | - | -€15,000 | |
| Trade receivables | 40 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €15,421 | €769 | -€14,652 | -95.0% |
| Deferred charges and accrued income | 490/1 | €10,000 | - | -€10,000 | |
| Total equity and liabilities | 10/49 | €2,186,853 | €2,164,668 | -€22,186 | -1.0% |
| Equity | 10/15 | -€421,190 | -€485,860 | -€64,671 | -15.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€521,190 | -€585,860 | -€64,671 | -12.4% |
| Amounts payable | 17/49 | €2,608,043 | €2,650,528 | +€42,485 | +1.6% |
| Amounts payable after more than one year | 17 | €2,513,500 | €2,564,500 | +€51,000 | +2.0% |
| Other amounts payable | 178/9 | €2,513,500 | €2,564,500 | +€51,000 | +2.0% |
| Amounts payable within one year | 42/48 | €55,201 | €5,830 | -€49,370 | -89.4% |
| Trade debts | 44 | €55,201 | €5,830 | -€49,370 | -89.4% |
| Suppliers | 440/4 | €55,201 | €5,830 | -€49,370 | -89.4% |
| Accrued charges and deferred income | 492/3 | €39,342 | €80,198 | +€40,855 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,935 | €125,563 | +€21,628 | +20.8% |
| Other operating charges | 640/8 | €5,789 | €5,404 | -€385 | -6.6% |
| Gross operating margin | 9900 | -€234,736 | €107,277 | +€342,013 | |
| Operating profit (loss) | 9901 | -€344,460 | -€23,691 | +€320,769 | +93.1% |
| Financial charges | 65/66B | €26,470 | €40,980 | +€14,510 | +54.8% |
| Recurring financial charges | 65 | €26,470 | €40,980 | +€14,510 | +54.8% |
| Profit (loss) for the period before taxes | 9903 | -€370,930 | -€64,671 | +€306,259 | +82.6% |
| Profit (loss) for the period | 9904 | -€370,930 | -€64,671 | +€306,259 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€370,930 | -€64,671 | +€306,259 | +82.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.