LECOUAZ IMMO: 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.
LECOUAZ IMMO
Largest movements
- Tangible fixed assets +€90,924
up €90,924 (+28.0%), from €325,146 to €416,070
- Debts after one year +€116,619
up €116,619 (+47.4%), from €246,036 to €362,655
of which Other amounts payable: +€130,000
- Profit (loss) carried forward -€24,049
down €24,049 (-76.3%), from -€31,536 to -€55,586
- Gross operating margin +€4,117
up €4,117 (+60.8%), from -€6,774 to -€2,657
- Depreciation +€2,301
up €2,301 (+25.6%), from €8,987 to €11,289
- Financial charges -€224
down €224 (-2.7%), from €8,328 to €8,104
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 | €328,551 | €422,972 | +€94,421 | +28.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €325,146 | €416,070 | +€90,924 | +28.0% |
| Tangible fixed assets | 22/27 | €325,146 | €416,070 | +€90,924 | +28.0% |
| Land and buildings | 22 | €325,146 | €416,070 | +€90,924 | +28.0% |
| Current assets | 29/58 | €3,405 | €6,902 | +€3,498 | +102.7% |
| Amounts receivable within one year | 40/41 | €0 | €2,120 | +€2,120 | |
| Trade receivables | 40 | €0 | €2,120 | +€2,120 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,976 | €4,351 | +€1,374 | +46.2% |
| Deferred charges and accrued income | 490/1 | €428 | €432 | +€3 | +0.8% |
| Total equity and liabilities | 10/49 | €328,551 | €422,972 | +€94,421 | +28.7% |
| Equity | 10/15 | €68,464 | €44,414 | -€24,049 | -35.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,536 | -€55,586 | -€24,049 | -76.3% |
| Amounts payable | 17/49 | €260,087 | €378,558 | +€118,471 | +45.6% |
| Amounts payable after more than one year | 17 | €246,036 | €362,655 | +€116,619 | +47.4% |
| Financial debts | 170/4 | €216,036 | €202,655 | -€13,381 | -6.2% |
| Other amounts payable | 178/9 | €30,000 | €160,000 | +€130,000 | +433.3% |
| Amounts payable within one year | 42/48 | €14,051 | €15,903 | +€1,852 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €12,909 | €13,381 | +€472 | +3.7% |
| Trade debts | 44 | €1,069 | €2,152 | +€1,083 | +101.3% |
| Suppliers | 440/4 | €1,069 | €2,152 | +€1,083 | +101.3% |
| Other amounts payable | 47/48 | €73 | €370 | +€296 | +404.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,987 | €11,289 | +€2,301 | +25.6% |
| Other operating charges | 640/8 | €1,950 | €2,000 | +€50 | +2.5% |
| Gross operating margin | 9900 | -€6,774 | -€2,657 | +€4,117 | +60.8% |
| Operating profit (loss) | 9901 | -€17,712 | -€15,945 | +€1,766 | +10.0% |
| Financial income | 75/76B | €49 | - | -€49 | |
| Recurring financial income | 75 | €49 | - | -€49 | |
| Financial charges | 65/66B | €8,328 | €8,104 | -€224 | -2.7% |
| Recurring financial charges | 65 | €8,328 | €8,104 | -€224 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,990 | -€24,049 | +€1,941 | +7.5% |
| Profit (loss) for the period | 9904 | -€25,990 | -€24,049 | +€1,941 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,990 | -€24,049 | +€1,941 | +7.5% |
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 8 October 2026 via checked.be.