LDA 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.
LDA IMMO
Largest movements
- Tangible fixed assets +€5,300
up €5,300 (+1.3%), from €405,675 to €410,975
of which Assets under construction and advance payments: +€20,577
- Debts after one year +€23,543
up €23,543 (+6.0%), from €394,948 to €418,490
- Profit (loss) carried forward -€18,343
down €18,343 (-7.0%), from -€260,497 to -€278,840
- Gross operating margin -€378
down €378 (-45.2%), from -€835 to -€1,213
- Other operating charges +€53
up €53 (+3.1%), from €1,731 to €1,784
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 | €406,143 | €411,655 | +€5,513 | +1.4% |
| Fixed assets | 21/28 | €405,675 | €410,975 | +€5,300 | +1.3% |
| Tangible fixed assets | 22/27 | €405,675 | €410,975 | +€5,300 | +1.3% |
| Land and buildings | 22 | €393,575 | €378,298 | -€15,277 | -3.9% |
| Assets under construction and advance payments | 27 | €12,100 | €32,677 | +€20,577 | +170.1% |
| Current assets | 29/58 | €468 | €680 | +€212 | +45.4% |
| Amounts receivable within one year | 40/41 | - | €137 | +€137 | |
| Trade receivables | 40 | - | €137 | +€137 | |
| Cash at bank and in hand | 54/58 | €92 | €30 | -€62 | -66.9% |
| Deferred charges and accrued income | 490/1 | €376 | €512 | +€137 | +36.3% |
| Total equity and liabilities | 10/49 | €406,143 | €411,655 | +€5,513 | +1.4% |
| Equity | 10/15 | €9,503 | -€8,840 | -€18,343 | |
| Contributions | 10/11 | €270,000 | €270,000 | = | 0.0% |
| Capital | 10 | €270,000 | €270,000 | = | 0.0% |
| Issued capital | 100 | €270,000 | €270,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€260,497 | -€278,840 | -€18,343 | -7.0% |
| Amounts payable | 17/49 | €396,640 | €420,496 | +€23,856 | +6.0% |
| Amounts payable after more than one year | 17 | €394,948 | €418,490 | +€23,543 | +6.0% |
| Other amounts payable | 178/9 | €394,948 | €418,490 | +€23,543 | +6.0% |
| Amounts payable within one year | 42/48 | €1,356 | €1,556 | +€200 | +14.8% |
| Trade debts | 44 | €1,356 | €1,556 | +€200 | +14.8% |
| Suppliers | 440/4 | €1,356 | €1,556 | +€200 | +14.8% |
| Accrued charges and deferred income | 492/3 | €336 | €449 | +€113 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,277 | €15,277 | = | 0.0% |
| Other operating charges | 640/8 | €1,731 | €1,784 | +€53 | +3.1% |
| Gross operating margin | 9900 | -€835 | -€1,213 | -€378 | -45.2% |
| Operating profit (loss) | 9901 | -€17,843 | -€18,274 | -€431 | -2.4% |
| Financial charges | 65/66B | €59 | €69 | +€10 | +16.8% |
| Recurring financial charges | 65 | €59 | €69 | +€10 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,902 | -€18,343 | -€441 | -2.5% |
| Profit (loss) for the period | 9904 | -€17,902 | -€18,343 | -€441 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,902 | -€18,343 | -€441 | -2.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.