LF HOME INVEST: what changed
What changed
LF HOME INVEST
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€16,412
2024 · -€125,761+€109,349
Equity
-€137,173
2024 · -€120,761-€16,412
Cash
€4,862
2024 · €2,554+€2,309
Balance sheet total
€1.9m
2024 · €1.9m-€24,135
Largest movements
Assets
- Tangible fixed assets -€25,951
down €25,951 (-1.4%), from €1.9m to €1.8m
of which Land and buildings: -€55,375
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Depreciation -€55,253
down €55,253 (-47.9%), from €115,419 to €60,166
- Gross operating margin +€53,651
up €53,651, from -€6,807 to €46,844
- Other operating charges -€560
down €560 (-16.0%), from €3,490 to €2,930
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€125,761
Gross operating margin
+€53,651
Depreciation
+€55,253
Other operating charges
+€560
Financial income
-€66
Financial charges
-€69
Taxes
+€20
Result 2025
-€16,412
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€46,263
Investment
-€33,955
Financing
-€10,000
Cash 2024
€2,554
From operations (derived)
+€46,263
Net result for the year
-€16,412
Depreciation
+€60,166
Receivables within one year
-€129
Deferred charges and accrued income
+€362
Trade debts
-€283
Tax, wage and social debts
+€2,100
Other debts
+€750
Accrued charges and deferred income
-€290
Investment (derived)
-€33,955
Investment in fixed assets (net)
-€33,955
Financing
-€10,000
Debts after one year
-€10,000
Cash 2025
€4,862
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,876,252 | €1,852,117 | -€24,135 | -1.3% |
| Formation expenses | 20 | €943 | €683 | -€260 | -27.6% |
| Fixed assets | 21/28 | €1,869,920 | €1,843,969 | -€25,951 | -1.4% |
| Tangible fixed assets | 22/27 | €1,869,920 | €1,843,969 | -€25,951 | -1.4% |
| Land and buildings | 22 | €1,799,100 | €1,743,725 | -€55,375 | -3.1% |
| Plant, machinery and equipment | 23 | €70,033 | €80,721 | +€10,688 | +15.3% |
| Furniture and vehicles | 24 | €787 | €19,523 | +€18,736 | +2,380% |
| Current assets | 29/58 | €5,389 | €7,465 | +€2,076 | +38.5% |
| Amounts receivable within one year | 40/41 | - | €129 | +€129 | |
| Trade receivables | 40 | - | €129 | +€129 | |
| Cash at bank and in hand | 54/58 | €2,554 | €4,862 | +€2,309 | +90.4% |
| Deferred charges and accrued income | 490/1 | €2,835 | €2,474 | -€362 | -12.8% |
| Total equity and liabilities | 10/49 | €1,876,252 | €1,852,117 | -€24,135 | -1.3% |
| Equity | 10/15 | -€120,761 | -€137,173 | -€16,412 | -13.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,761 | -€142,173 | -€16,412 | -13.1% |
| Amounts payable | 17/49 | €1,997,013 | €1,989,290 | -€7,723 | -0.4% |
| Amounts payable after more than one year | 17 | €1,989,000 | €1,979,000 | -€10,000 | -0.5% |
| Other amounts payable | 178/9 | €1,989,000 | €1,979,000 | -€10,000 | -0.5% |
| Amounts payable within one year | 42/48 | €5,563 | €8,130 | +€2,567 | +46.1% |
| Trade debts | 44 | €2,783 | €2,500 | -€283 | -10.2% |
| Suppliers | 440/4 | €2,783 | €2,500 | -€283 | -10.2% |
| Taxes, remuneration and social security | 45 | €1,818 | €3,918 | +€2,100 | +115% |
| Taxes | 450/3 | €818 | €2,918 | +€2,100 | +257% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €962 | €1,712 | +€750 | +78.0% |
| Accrued charges and deferred income | 492/3 | €2,450 | €2,160 | -€290 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,419 | €60,166 | -€55,253 | -47.9% |
| Other operating charges | 640/8 | €3,490 | €2,930 | -€560 | -16.0% |
| Gross operating margin | 9900 | -€6,807 | €46,844 | +€53,651 | |
| Operating profit (loss) | 9901 | -€125,716 | -€16,252 | +€109,464 | +87.1% |
| Financial income | 75/76B | €67 | €0 | -€66 | -99.3% |
| Recurring financial income | 75 | €67 | €0 | -€66 | -99.3% |
| Financial charges | 65/66B | €35 | €105 | +€69 | +196% |
| Recurring financial charges | 65 | €35 | €105 | +€69 | +196% |
| Profit (loss) for the period before taxes | 9903 | -€125,685 | -€16,356 | +€109,329 | +87.0% |
| Income taxes | 67/77 | €76 | €56 | -€20 | -26.1% |
| Profit (loss) for the period | 9904 | -€125,761 | -€16,412 | +€109,349 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€125,761 | -€16,412 | +€109,349 | +86.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.