LLA IMMO: what changed
Two fiscal 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.
LLA IMMO
Largest movements
- Receivables within one year +€43,723
up €43,723 (+330.3%), from €13,236 to €56,959
of which Trade receivables: +€42,196
- Other debts +€137,449
up €137,449 (+21.2%), from €649,443 to €786,892
- Profit (loss) carried forward -€54,056
down €54,056 (-17.6%), from -€307,519 to -€361,575
- Debts after one year -€42,927
down €42,927 (-5.9%), from €725,532 to €682,605
- Gross operating margin +€62,163
up €62,163, from -€16,614 to €45,550
- Write-downs +€6,504
new in 2025: €6,504
- Depreciation -€1,409
down €1,409 (-2.2%), from €62,641 to €61,233
- Financial charges -€1,242
down €1,242 (-4.0%), from €30,832 to €29,590
- Other operating charges -€457
down €457 (-16.6%), from €2,750 to €2,294
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 | €1,122,257 | €1,167,774 | +€45,517 | +4.1% |
| Fixed assets | 21/28 | €1,105,804 | €1,102,898 | -€2,906 | -0.3% |
| Tangible fixed assets | 22/27 | €1,101,904 | €1,102,898 | +€994 | +0.1% |
| Land and buildings | 22 | €1,101,904 | €1,102,898 | +€994 | +0.1% |
| Financial fixed assets | 28 | €3,900 | €0 | -€3,900 | -100.0% |
| Current assets | 29/58 | €16,453 | €64,876 | +€48,423 | +294.3% |
| Amounts receivable within one year | 40/41 | €13,236 | €56,959 | +€43,723 | +330.3% |
| Trade receivables | 40 | €13,170 | €55,366 | +€42,196 | +320.4% |
| Other amounts receivable | 41 | €66 | €1,593 | +€1,527 | +2303.1% |
| Cash at bank and in hand | 54/58 | €144 | €2,610 | +€2,466 | +1718.3% |
| Deferred charges and accrued income | 490/1 | €3,074 | €5,307 | +€2,233 | +72.7% |
| Total equity and liabilities | 10/49 | €1,122,257 | €1,167,774 | +€45,517 | +4.1% |
| Equity | 10/15 | -€297,519 | -€351,575 | -€54,056 | -18.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€307,519 | -€361,575 | -€54,056 | -17.6% |
| Amounts payable | 17/49 | €1,419,776 | €1,519,349 | +€99,573 | +7.0% |
| Amounts payable after more than one year | 17 | €725,532 | €682,605 | -€42,927 | -5.9% |
| Financial debts | 170/4 | €725,532 | €682,605 | -€42,927 | -5.9% |
| Amounts payable within one year | 42/48 | €694,244 | €836,744 | +€142,500 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €41,274 | €42,927 | +€1,653 | +4.0% |
| Trade debts | 44 | €1,905 | €6,613 | +€4,708 | +247.1% |
| Suppliers | 440/4 | €1,905 | €6,613 | +€4,708 | +247.1% |
| Taxes, remuneration and social security | 45 | €1,622 | €312 | -€1,310 | -80.8% |
| Taxes | 450/3 | €1,622 | €312 | -€1,310 | -80.8% |
| Other amounts payable | 47/48 | €649,443 | €786,892 | +€137,449 | +21.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,641 | €61,233 | -€1,409 | -2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,504 | +€6,504 | |
| Other operating charges | 640/8 | €2,750 | €2,294 | -€457 | -16.6% |
| Gross operating margin | 9900 | -€16,614 | €45,550 | +€62,163 | |
| Operating profit (loss) | 9901 | -€82,006 | -€24,481 | +€57,525 | +70.1% |
| Financial income | 75/76B | €0 | €15 | +€15 | |
| Recurring financial income | 75 | €0 | €15 | +€15 | |
| Financial charges | 65/66B | €30,832 | €29,590 | -€1,242 | -4.0% |
| Recurring financial charges | 65 | €30,832 | €29,590 | -€1,242 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€112,837 | -€54,056 | +€58,782 | +52.1% |
| Profit (loss) for the period | 9904 | -€112,837 | -€54,056 | +€58,782 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€112,837 | -€54,056 | +€58,782 | +52.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.