LE LOGEMENT VERT: 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.
LE LOGEMENT VERT
Largest movements
- Tangible fixed assets -€32,486
down €32,486 (-5.1%), from €631,125 to €598,639
of which Land and buildings: -€49,870
- Receivables within one year +€13,130
up €13,130 (+99.1%), from €13,242 to €26,372
of which Other amounts receivable: +€16,486
- Debts after one year -€37,100
down €37,100 (-67.5%), from €55,000 to €17,900
of which Financial debts: -€40,000
- Reserves +€15,055
up €15,055 (+33.3%), from €45,208 to €60,263
of which Distributable reserves: +€16,728
- Write-downs -€13,291
no longer reported in 2025 (was €13,291)
- Gross operating margin -€11,782
down €11,782 (-14.6%), from €80,558 to €68,776
- Taxes +€2,130
up €2,130 (+35.7%), from €5,966 to €8,096
- Financial charges -€1,001
down €1,001 (-54.2%), from €1,845 to €844
- Depreciation -€877
down €877 (-2.4%), from €37,168 to €36,291
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 | €665,854 | €646,409 | -€19,446 | -2.9% |
| Fixed assets | 21/28 | €631,125 | €598,639 | -€32,486 | -5.1% |
| Tangible fixed assets | 22/27 | €631,125 | €598,639 | -€32,486 | -5.1% |
| Land and buildings | 22 | €629,365 | €579,495 | -€49,870 | -7.9% |
| Plant, machinery and equipment | 23 | €1,760 | €17,978 | +€16,218 | +921.3% |
| Furniture and vehicles | 24 | - | €1,166 | +€1,166 | |
| Current assets | 29/58 | €34,729 | €47,769 | +€13,040 | +37.5% |
| Amounts receivable within one year | 40/41 | €13,242 | €26,372 | +€13,130 | +99.1% |
| Trade receivables | 40 | €12,004 | €8,648 | -€3,356 | -28.0% |
| Other amounts receivable | 41 | €1,238 | €17,724 | +€16,486 | +1331.4% |
| Cash at bank and in hand | 54/58 | €20,778 | €20,103 | -€675 | -3.2% |
| Deferred charges and accrued income | 490/1 | €709 | €1,294 | +€585 | +82.6% |
| Total equity and liabilities | 10/49 | €665,854 | €646,409 | -€19,446 | -2.9% |
| Equity | 10/15 | €550,093 | €565,148 | +€15,055 | +2.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €45,208 | €60,263 | +€15,055 | +33.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,011 | €37,338 | -€1,673 | -4.3% |
| Distributable reserves | 133 | - | €16,728 | +€16,728 | |
| Profit (loss) carried forward | 14 | €442,912 | €442,912 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | €20,087 | €19,226 | -€861 | -4.3% |
| Deferred taxes | 168 | €20,087 | €19,226 | -€861 | -4.3% |
| Amounts payable | 17/49 | €95,674 | €62,034 | -€33,640 | -35.2% |
| Amounts payable after more than one year | 17 | €55,000 | €17,900 | -€37,100 | -67.5% |
| Financial debts | 170/4 | €55,000 | €15,000 | -€40,000 | -72.7% |
| Advances received on contracts in progress | 176 | - | €2,900 | +€2,900 | |
| Amounts payable within one year | 42/48 | €38,011 | €43,034 | +€5,022 | +13.2% |
| Trade debts | 44 | €830 | - | -€830 | |
| Suppliers | 440/4 | €830 | - | -€830 | |
| Taxes, remuneration and social security | 45 | €14,077 | €14,062 | -€14 | -0.1% |
| Taxes | 450/3 | €14,077 | €14,062 | -€14 | -0.1% |
| Other amounts payable | 47/48 | €23,105 | €28,971 | +€5,867 | +25.4% |
| Accrued charges and deferred income | 492/3 | €2,662 | €1,101 | -€1,562 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,168 | €36,291 | -€877 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,291 | - | -€13,291 | |
| Other operating charges | 640/8 | €9,222 | €9,131 | -€91 | -1.0% |
| Non-recurring operating charges | 66A | €0 | €220 | +€220 | +200045.5% |
| Gross operating margin | 9900 | €80,558 | €68,776 | -€11,782 | -14.6% |
| Operating profit (loss) | 9901 | €20,877 | €23,135 | +€2,257 | +10.8% |
| Financial charges | 65/66B | €1,845 | €844 | -€1,001 | -54.2% |
| Recurring financial charges | 65 | €1,845 | €844 | -€1,001 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €19,032 | €22,290 | +€3,258 | +17.1% |
| Transfer from deferred taxes | 780 | €861 | €861 | = | 0.0% |
| Income taxes | 67/77 | €5,966 | €8,096 | +€2,130 | +35.7% |
| Profit (loss) for the period | 9904 | €13,927 | €15,055 | +€1,128 | +8.1% |
| Transfer from tax-exempt reserves | 789 | €1,672 | €1,673 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,600 | €16,728 | +€1,128 | +7.2% |
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 7 October 2026 via checked.be.