LELOUX 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.
LELOUX IMMO
Largest movements
- Tangible fixed assets -€25,118
down €25,118 (-5.3%), from €473,675 to €448,558
of which Land and buildings: -€18,912
- Profit (loss) carried forward -€19,419
down €19,419 (-96.5%), from €20,118 to €699
- Debts after one year -€18,344
down €18,344 (-4.5%), from €408,621 to €390,277
of which Financial debts: -€37,664
- Other debts +€8,605
up €8,605 (+1167.8%), from €737 to €9,342
- Reserves +€8,000
new in 2025: €8,000
- Gross operating margin -€33,826
down €33,826 (-53.6%), from €63,066 to €29,240
- Depreciation +€2,442
up €2,442 (+10.0%), from €24,434 to €26,877
- Taxes -€2,423
down €2,423 (-99.9%), from €2,424 to €2
- Financial charges +€1,060
up €1,060 (+14.3%), from €7,413 to €8,473
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 | €481,010 | €459,235 | -€21,774 | -4.5% |
| Fixed assets | 21/28 | €473,675 | €448,558 | -€25,118 | -5.3% |
| Tangible fixed assets | 22/27 | €473,675 | €448,558 | -€25,118 | -5.3% |
| Land and buildings | 22 | €449,626 | €430,714 | -€18,912 | -4.2% |
| Plant, machinery and equipment | 23 | €20,921 | €14,718 | -€6,203 | -29.7% |
| Furniture and vehicles | 24 | €3,128 | €3,126 | -€2 | -0.1% |
| Current assets | 29/58 | €7,334 | €10,678 | +€3,343 | +45.6% |
| Cash at bank and in hand | 54/58 | €5,704 | €8,765 | +€3,060 | +53.6% |
| Deferred charges and accrued income | 490/1 | €1,630 | €1,913 | +€283 | +17.4% |
| Total equity and liabilities | 10/49 | €481,010 | €459,235 | -€21,774 | -4.5% |
| Equity | 10/15 | €26,118 | €14,699 | -€11,419 | -43.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €8,000 | +€8,000 | |
| Distributable reserves | 133 | - | €8,000 | +€8,000 | |
| Profit (loss) carried forward | 14 | €20,118 | €699 | -€19,419 | -96.5% |
| Amounts payable | 17/49 | €454,892 | €444,536 | -€10,356 | -2.3% |
| Amounts payable after more than one year | 17 | €408,621 | €390,277 | -€18,344 | -4.5% |
| Financial debts | 170/4 | €264,621 | €226,957 | -€37,664 | -14.2% |
| Other amounts payable | 178/9 | €144,000 | €163,320 | +€19,320 | +13.4% |
| Amounts payable within one year | 42/48 | €40,327 | €49,091 | +€8,764 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €36,950 | €37,664 | +€715 | +1.9% |
| Trade debts | 44 | €80 | €1,423 | +€1,343 | +1681.3% |
| Suppliers | 440/4 | €80 | €1,423 | +€1,343 | +1681.3% |
| Taxes, remuneration and social security | 45 | €2,561 | €662 | -€1,899 | -74.2% |
| Taxes | 450/3 | €2,561 | €662 | -€1,899 | -74.2% |
| Other amounts payable | 47/48 | €737 | €9,342 | +€8,605 | +1167.8% |
| Accrued charges and deferred income | 492/3 | €5,943 | €5,168 | -€775 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,434 | €26,877 | +€2,442 | +10.0% |
| Other operating charges | 640/8 | €5,050 | €5,313 | +€263 | +5.2% |
| Gross operating margin | 9900 | €63,066 | €29,240 | -€33,826 | -53.6% |
| Operating profit (loss) | 9901 | €33,582 | -€2,950 | -€36,531 | |
| Financial income | 75/76B | €26 | €6 | -€21 | -78.8% |
| Recurring financial income | 75 | €26 | €6 | -€21 | -78.8% |
| Financial charges | 65/66B | €7,413 | €8,473 | +€1,060 | +14.3% |
| Recurring financial charges | 65 | €7,413 | €8,473 | +€1,060 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €26,195 | -€11,417 | -€37,612 | |
| Income taxes | 67/77 | €2,424 | €2 | -€2,423 | -99.9% |
| Profit (loss) for the period | 9904 | €23,771 | -€11,419 | -€35,189 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,771 | -€11,419 | -€35,189 |
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.