Lippens 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.
Lippens Immo
Largest movements
- Stocks and contracts +€224,884
up €224,884 (+40.3%), from €558,383 to €783,267
- Tangible fixed assets -€15,174
down €15,174 (-3.6%), from €416,483 to €401,309
of which Land and buildings: -€16,197
- Short-term financial debts +€150,000
new in 2025: €150,000
- Debts after one year +€48,295
up €48,295 (+5.2%), from €921,034 to €969,329
- Profit (loss) carried forward +€14,765
up €14,765 (+36.0%), from €41,065 to €55,830
- Gross operating margin -€11,748
down €11,748 (-17.4%), from €67,695 to €55,947
- Other operating charges -€11,399
down €11,399 (-73.9%), from €15,424 to €4,025
- Taxes +€2,034
up €2,034 (+35.7%), from €5,700 to €7,735
- Financial charges -€1,004
down €1,004 (-7.1%), from €14,053 to €13,049
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 | €1,192,266 | €1,411,759 | +€219,494 | +18.4% |
| Fixed assets | 21/28 | €416,483 | €401,309 | -€15,174 | -3.6% |
| Tangible fixed assets | 22/27 | €416,483 | €401,309 | -€15,174 | -3.6% |
| Land and buildings | 22 | €416,483 | €400,286 | -€16,197 | -3.9% |
| Plant, machinery and equipment | 23 | - | €1,023 | +€1,023 | |
| Current assets | 29/58 | €775,782 | €1,010,450 | +€234,668 | +30.2% |
| Stocks and contracts in progress | 3 | €558,383 | €783,267 | +€224,884 | +40.3% |
| Stocks | 30/36 | €558,383 | €783,267 | +€224,884 | +40.3% |
| Amounts receivable within one year | 40/41 | €215,302 | €215,088 | -€214 | -0.1% |
| Trade receivables | 40 | €215,045 | €214,823 | -€222 | -0.1% |
| Other amounts receivable | 41 | €257 | €265 | +€8 | +3.2% |
| Cash at bank and in hand | 54/58 | €1,817 | €12,095 | +€10,278 | +566% |
| Deferred charges and accrued income | 490/1 | €280 | - | -€280 | |
| Total equity and liabilities | 10/49 | €1,192,266 | €1,411,759 | +€219,494 | +18.4% |
| Equity | 10/15 | €78,065 | €92,830 | +€14,765 | +18.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €17,000 | €17,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,065 | €55,830 | +€14,765 | +36.0% |
| Amounts payable | 17/49 | €1,114,200 | €1,318,929 | +€204,728 | +18.4% |
| Amounts payable after more than one year | 17 | €921,034 | €969,329 | +€48,295 | +5.2% |
| Financial debts | 170/4 | €921,034 | €969,329 | +€48,295 | +5.2% |
| Amounts payable within one year | 42/48 | €147,711 | €299,105 | +€151,394 | +102% |
| Current portion of amounts payable after more than one year | 42 | €26,355 | €28,323 | +€1,968 | +7.5% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €111,073 | €111,213 | +€140 | +0.1% |
| Suppliers | 440/4 | €111,073 | €111,213 | +€140 | +0.1% |
| Taxes, remuneration and social security | 45 | €714 | - | -€714 | |
| Taxes | 450/3 | €714 | - | -€714 | |
| Other amounts payable | 47/48 | €9,570 | €9,570 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €45,455 | €50,495 | +€5,040 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,197 | €16,372 | +€175 | +1.1% |
| Other operating charges | 640/8 | €15,424 | €4,025 | -€11,399 | -73.9% |
| Gross operating margin | 9900 | €67,695 | €55,947 | -€11,748 | -17.4% |
| Operating profit (loss) | 9901 | €36,073 | €35,549 | -€524 | -1.5% |
| Financial charges | 65/66B | €14,053 | €13,049 | -€1,004 | -7.1% |
| Recurring financial charges | 65 | €14,053 | €13,049 | -€1,004 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €22,020 | €22,500 | +€480 | +2.2% |
| Income taxes | 67/77 | €5,700 | €7,735 | +€2,034 | +35.7% |
| Profit (loss) for the period | 9904 | €16,319 | €14,765 | -€1,554 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,319 | €14,765 | -€1,554 | -9.5% |
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 15 October 2026 via checked.be.