LC 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.
LC IMMO
Largest movements
- Tangible fixed assets -€17,920
down €17,920 (-3.1%), from €583,657 to €565,738
- Current investments +€13,836
new in 2025: €13,836
- Receivables within one year +€10,384
up €10,384 (+119.0%), from €8,727 to €19,111
of which Other amounts receivable: +€6,137
- Cash -€9,017
no longer reported in 2025 (was €9,017)
mainly Other debts (-€39,972) and Current investments (-€13,836)
- Other debts -€39,972
no longer reported in 2025 (was €39,972)
- Current portion of long-term debt +€13,925
up €13,925 (+42.8%), from €32,541 to €46,466
- Debts after one year +€13,274
up €13,274 (+2.8%), from €471,599 to €484,873
of which Other amounts payable: +€8,935
- Trade debts +€7,244
new in 2025: €7,244
- Turnover +€98,609
new in 2025: €98,609
- Gross operating margin +€52,618
up €52,618 (+371.0%), from €14,182 to €66,800
- Purchases and services +€31,961
new in 2025: €31,961
- Financial charges +€18,319
up €18,319 (+358.1%), from €5,116 to €23,435
- Depreciation +€15,207
up €15,207 (+174.4%), from €8,719 to €23,926
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 | €602,287 | €599,306 | -€2,981 | -0.5% |
| Fixed assets | 21/28 | €583,657 | €565,738 | -€17,920 | -3.1% |
| Tangible fixed assets | 22/27 | €583,657 | €565,738 | -€17,920 | -3.1% |
| Land and buildings | 22 | €583,657 | €565,738 | -€17,920 | -3.1% |
| Current assets | 29/58 | €18,629 | €33,568 | +€14,938 | +80.2% |
| Amounts receivable within one year | 40/41 | €8,727 | €19,111 | +€10,384 | +119.0% |
| Trade receivables | 40 | €505 | €4,751 | +€4,247 | +841.2% |
| Other amounts receivable | 41 | €8,222 | €14,360 | +€6,137 | +74.6% |
| Current investments | 50/53 | - | €13,836 | +€13,836 | |
| Cash at bank and in hand | 54/58 | €9,017 | - | -€9,017 | |
| Deferred charges and accrued income | 490/1 | €885 | €621 | -€264 | -29.8% |
| Total equity and liabilities | 10/49 | €602,287 | €599,306 | -€2,981 | -0.5% |
| Equity | 10/15 | €57,679 | €57,582 | -€96 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,410 | €6,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,550 | €4,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,669 | €32,572 | -€96 | -0.3% |
| Amounts payable | 17/49 | €544,608 | €541,724 | -€2,885 | -0.5% |
| Amounts payable after more than one year | 17 | €471,599 | €484,873 | +€13,274 | +2.8% |
| Financial debts | 170/4 | €471,599 | €475,938 | +€4,339 | +0.9% |
| Other amounts payable | 178/9 | - | €8,935 | +€8,935 | |
| Amounts payable within one year | 42/48 | €73,009 | €56,850 | -€16,159 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €32,541 | €46,466 | +€13,925 | +42.8% |
| Trade debts | 44 | - | €7,244 | +€7,244 | |
| Suppliers | 440/4 | - | €7,244 | +€7,244 | |
| Taxes, remuneration and social security | 45 | €496 | €3,140 | +€2,644 | +532.7% |
| Taxes | 450/3 | €496 | €3,140 | +€2,644 | +532.7% |
| Other amounts payable | 47/48 | €39,972 | - | -€39,972 | |
| Turnover | 70 | - | €98,609 | +€98,609 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €31,961 | +€31,961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,719 | €23,926 | +€15,207 | +174.4% |
| Other operating charges | 640/8 | €3,761 | €11,191 | +€7,430 | +197.5% |
| Gross operating margin | 9900 | €14,182 | €66,800 | +€52,618 | +371.0% |
| Operating profit (loss) | 9901 | €1,701 | €31,682 | +€29,981 | +1762.4% |
| Financial income | 75/76B | - | €1,663 | +€1,663 | |
| Recurring financial income | 75 | - | €1,663 | +€1,663 | |
| Financial charges | 65/66B | €5,116 | €23,435 | +€18,319 | +358.1% |
| Recurring financial charges | 65 | €5,116 | €23,435 | +€18,319 | +358.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,415 | €9,910 | +€13,325 | |
| Income taxes | 67/77 | - | €10,007 | +€10,007 | |
| Profit (loss) for the period | 9904 | -€3,415 | -€96 | +€3,318 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,415 | -€96 | +€3,318 | +97.2% |
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 9 October 2026 via checked.be.