LG 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.
LG IMMO
Largest movements
- Tangible fixed assets -€9,385
down €9,385 (-1.9%), from €500,502 to €491,117
of which Land and buildings: -€18,937
- Cash -€8,546
down €8,546 (-11.8%), from €72,233 to €63,687
mainly Debts after one year (-€35,307) and Investment in fixed assets (net) (-€13,136)
- Debts after one year -€35,307
down €35,307 (-9.1%), from €389,930 to €354,623
- Reserves +€16,063
up €16,063 (+12.9%), from €124,655 to €140,718
of which Distributable reserves: +€16,063
- Gross operating margin -€17,239
down €17,239 (-21.4%), from €80,419 to €63,180
- Financial charges -€4,462
down €4,462 (-28.7%), from €15,531 to €11,069
- Taxes -€3,467
down €3,467 (-39.4%), from €8,794 to €5,328
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.
Derived cash bridge
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 | €574,800 | €558,989 | -€15,811 | -2.8% |
| Fixed assets | 21/28 | €500,502 | €491,117 | -€9,385 | -1.9% |
| Tangible fixed assets | 22/27 | €500,502 | €491,117 | -€9,385 | -1.9% |
| Land and buildings | 22 | €495,769 | €476,832 | -€18,937 | -3.8% |
| Plant, machinery and equipment | 23 | €1,901 | €6,885 | +€4,984 | +262% |
| Furniture and vehicles | 24 | €2,832 | €7,400 | +€4,568 | +161% |
| Current assets | 29/58 | €74,298 | €67,872 | -€6,426 | -8.6% |
| Amounts receivable within one year | 40/41 | €1,919 | €1,185 | -€734 | -38.2% |
| Trade receivables | 40 | €0 | €307 | +€307 | |
| Other amounts receivable | 41 | €1,919 | €878 | -€1,041 | -54.3% |
| Cash at bank and in hand | 54/58 | €72,233 | €63,687 | -€8,546 | -11.8% |
| Deferred charges and accrued income | 490/1 | €146 | €3,000 | +€2,854 | +1,951% |
| Total equity and liabilities | 10/49 | €574,800 | €558,989 | -€15,811 | -2.8% |
| Equity | 10/15 | €143,255 | €159,318 | +€16,063 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,655 | €140,718 | +€16,063 | +12.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €122,795 | €138,858 | +€16,063 | +13.1% |
| Amounts payable | 17/49 | €431,545 | €399,670 | -€31,875 | -7.4% |
| Amounts payable after more than one year | 17 | €389,930 | €354,623 | -€35,307 | -9.1% |
| Financial debts | 170/4 | €389,930 | €354,623 | -€35,307 | -9.1% |
| Amounts payable within one year | 42/48 | €41,615 | €42,297 | +€682 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €35,019 | €35,307 | +€288 | +0.8% |
| Trade debts | 44 | €6,060 | €6,454 | +€394 | +6.5% |
| Suppliers | 440/4 | €6,060 | €6,454 | +€394 | +6.5% |
| Other amounts payable | 47/48 | €536 | €536 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €2,750 | +€2,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,283 | €22,521 | -€762 | -3.3% |
| Other operating charges | 640/8 | €7,709 | €8,199 | +€491 | +6.4% |
| Gross operating margin | 9900 | €80,419 | €63,180 | -€17,239 | -21.4% |
| Operating profit (loss) | 9901 | €49,428 | €32,460 | -€16,968 | -34.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €15,531 | €11,069 | -€4,462 | -28.7% |
| Recurring financial charges | 65 | €15,531 | €11,069 | -€4,462 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €33,897 | €21,391 | -€12,506 | -36.9% |
| Income taxes | 67/77 | €8,794 | €5,328 | -€3,467 | -39.4% |
| Profit (loss) for the period | 9904 | €25,102 | €16,063 | -€9,039 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,102 | €16,063 | -€9,039 | -36.0% |
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 20 October 2026 via checked.be.