LK 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.
LK IMMO
Largest movements
- Tangible fixed assets -€33,948
down €33,948 (-4.4%), from €772,274 to €738,325
of which Land and buildings: -€47,481
- Receivables within one year +€32,738
up €32,738 (+73.8%), from €44,362 to €77,100
of which Trade receivables: +€32,738
- Other debts +€122,374
up €122,374 (+81.2%), from €150,741 to €273,116
- Current portion of long-term debt -€61,193
down €61,193 (-57.4%), from €106,525 to €45,332
- Debts after one year -€45,332
down €45,332 (-87.4%), from €51,844 to €6,511
- Profit (loss) carried forward -€26,456
down €26,456 (-20.0%), from -€132,265 to -€158,721
- Tax, wage and social debts -€22,641
down €22,641 (-74.2%), from €30,512 to €7,871
- Gross operating margin -€58,257
down €58,257 (-55.6%), from €104,701 to €46,445
- Write-downs +€25,075
up €25,075, from -€25,075 to €0
- Taxes -€18,434
down €18,434 (-77.7%), from €23,730 to €5,296
- Financial charges -€13,438
down €13,438 (-73.3%), from €18,323 to €4,885
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 | €843,223 | €838,594 | -€4,629 | -0.5% |
| Fixed assets | 21/28 | €772,274 | €738,325 | -€33,948 | -4.4% |
| Tangible fixed assets | 22/27 | €772,274 | €738,325 | -€33,948 | -4.4% |
| Land and buildings | 22 | €771,953 | €724,471 | -€47,481 | -6.2% |
| Plant, machinery and equipment | 23 | €321 | €0 | -€321 | -100.0% |
| Furniture and vehicles | 24 | - | €13,854 | +€13,854 | |
| Current assets | 29/58 | €70,949 | €100,269 | +€29,320 | +41.3% |
| Amounts receivable within one year | 40/41 | €44,362 | €77,100 | +€32,738 | +73.8% |
| Trade receivables | 40 | €44,362 | €77,100 | +€32,738 | +73.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €46 | €0 | -€46 | -100.0% |
| Deferred charges and accrued income | 490/1 | €26,542 | €23,169 | -€3,373 | -12.7% |
| Total equity and liabilities | 10/49 | €843,223 | €838,594 | -€4,629 | -0.5% |
| Equity | 10/15 | €459,582 | €433,126 | -€26,456 | -5.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €91,846 | €91,846 | = | 0.0% |
| Distributable reserves | 133 | €91,846 | €91,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,265 | -€158,721 | -€26,456 | -20.0% |
| Amounts payable | 17/49 | €383,641 | €405,469 | +€21,827 | +5.7% |
| Amounts payable after more than one year | 17 | €51,844 | €6,511 | -€45,332 | -87.4% |
| Financial debts | 170/4 | €51,844 | €6,511 | -€45,332 | -87.4% |
| Amounts payable within one year | 42/48 | €322,272 | €387,042 | +€64,770 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €106,525 | €45,332 | -€61,193 | -57.4% |
| Financial debts | 43 | - | €4,920 | +€4,920 | |
| Credit institutions | 430/8 | - | €4,920 | +€4,920 | |
| Trade debts | 44 | €34,493 | €55,803 | +€21,309 | +61.8% |
| Suppliers | 440/4 | €34,493 | €55,803 | +€21,309 | +61.8% |
| Taxes, remuneration and social security | 45 | €30,512 | €7,871 | -€22,641 | -74.2% |
| Taxes | 450/3 | €30,512 | €7,871 | -€22,641 | -74.2% |
| Other amounts payable | 47/48 | €150,741 | €273,116 | +€122,374 | +81.2% |
| Accrued charges and deferred income | 492/3 | €9,526 | €11,915 | +€2,390 | +25.1% |
| Remuneration, social security and pensions | 62 | €1,500 | €686 | -€814 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,831 | €49,104 | -€727 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€25,075 | €0 | +€25,075 | |
| Other operating charges | 640/8 | €13,559 | €12,930 | -€629 | -4.6% |
| Gross operating margin | 9900 | €104,701 | €46,445 | -€58,257 | -55.6% |
| Operating profit (loss) | 9901 | €64,887 | -€16,275 | -€81,162 | |
| Financial income | 75/76B | €17 | €0 | -€17 | -100.0% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100.0% |
| Financial charges | 65/66B | €18,323 | €4,885 | -€13,438 | -73.3% |
| Recurring financial charges | 65 | €18,323 | €4,885 | -€13,438 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | €46,581 | -€21,160 | -€67,741 | |
| Income taxes | 67/77 | €23,730 | €5,296 | -€18,434 | -77.7% |
| Profit (loss) for the period | 9904 | €22,851 | -€26,456 | -€49,307 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,851 | -€26,456 | -€49,307 |
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 11 October 2026 via checked.be.