LBN 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.
LBN IMMO
Largest movements
- Tangible fixed assets -€6,380
down €6,380 (-5.7%), from €111,110 to €104,730
- Cash -€2,448
down €2,448 (-30.9%), from €7,932 to €5,484
mainly Trade debts (-€7,318) and Debts after one year (-€3,629)
- Trade debts -€7,318
down €7,318 (-42.3%), from €17,293 to €9,975
- Other debts +€4,990
up €4,990 (+15.6%), from €31,950 to €36,940
- Debts after one year -€3,629
down €3,629 (-4.5%), from €79,886 to €76,257
of which Financial debts: -€3,629
- Profit (loss) carried forward -€2,354
down €2,354 (-11.5%), from -€20,520 to -€22,874
- Gross operating margin -€34,244
down €34,244 (-80.1%), from €42,732 to €8,488
- Financial charges -€3,380
down €3,380 (-50.6%), from €6,678 to €3,298
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 | €119,047 | €110,225 | -€8,822 | -7.4% |
| Fixed assets | 21/28 | €111,110 | €104,730 | -€6,380 | -5.7% |
| Tangible fixed assets | 22/27 | €111,110 | €104,730 | -€6,380 | -5.7% |
| Land and buildings | 22 | €111,110 | €104,730 | -€6,380 | -5.7% |
| Current assets | 29/58 | €7,937 | €5,494 | -€2,443 | -30.8% |
| Amounts receivable within one year | 40/41 | €5 | €10 | +€5 | +100.4% |
| Other amounts receivable | 41 | €5 | €10 | +€5 | +100.4% |
| Cash at bank and in hand | 54/58 | €7,932 | €5,484 | -€2,448 | -30.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €119,047 | €110,225 | -€8,822 | -7.4% |
| Equity | 10/15 | -€14,520 | -€16,874 | -€2,354 | -16.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,520 | -€22,874 | -€2,354 | -11.5% |
| Amounts payable | 17/49 | €133,567 | €127,098 | -€6,469 | -4.8% |
| Amounts payable after more than one year | 17 | €79,886 | €76,257 | -€3,629 | -4.5% |
| Financial debts | 170/4 | €78,306 | €74,677 | -€3,629 | -4.6% |
| Other amounts payable | 178/9 | €1,580 | €1,580 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,293 | €50,543 | -€2,750 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €3,501 | €3,629 | +€128 | +3.6% |
| Financial debts | 43 | €549 | €0 | -€549 | -100.0% |
| Credit institutions | 430/8 | €549 | €0 | -€549 | -100.0% |
| Trade debts | 44 | €17,293 | €9,975 | -€7,318 | -42.3% |
| Suppliers | 440/4 | €17,293 | €9,975 | -€7,318 | -42.3% |
| Other amounts payable | 47/48 | €31,950 | €36,940 | +€4,990 | +15.6% |
| Accrued charges and deferred income | 492/3 | €387 | €297 | -€90 | -23.2% |
| Non-recurring operating income | 76A | €46,411 | €0 | -€46,411 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,380 | €6,380 | = | 0.0% |
| Other operating charges | 640/8 | €1,604 | €1,181 | -€423 | -26.4% |
| Gross operating margin | 9900 | €42,732 | €8,488 | -€34,244 | -80.1% |
| Operating profit (loss) | 9901 | €34,748 | €927 | -€33,821 | -97.3% |
| Financial income | 75/76B | €16 | €17 | +€0 | +0.5% |
| Recurring financial income | 75 | €16 | €17 | +€0 | +0.5% |
| Financial charges | 65/66B | €6,678 | €3,298 | -€3,380 | -50.6% |
| Recurring financial charges | 65 | €6,678 | €3,298 | -€3,380 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €28,087 | -€2,354 | -€30,441 | |
| Profit (loss) for the period | 9904 | €28,087 | -€2,354 | -€30,441 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,087 | -€2,354 | -€30,441 |
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 12 October 2026 via checked.be.