LMC MANAGEMENT-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.
LMC MANAGEMENT-IMMO
Largest movements
- Tangible fixed assets +€295,622
up €295,622 (+22.9%), from €1.3m to €1.6m
of which Land and buildings: +€1.4m
- Receivables within one year +€92,005
up €92,005 (+18.5%), from €496,102 to €588,107
of which Other amounts receivable: +€134,834
- Cash -€60,575
down €60,575 (-22.3%), from €272,066 to €211,492
mainly Investment in fixed assets (net) (-€351,150) and Receivables within one year (-€92,005)
- Other debts +€284,739
up €284,739 (+66.0%), from €431,250 to €715,988
- Profit (loss) carried forward +€109,438
up €109,438 (+30.9%), from €354,500 to €463,938
- Debts after one year -€51,268
down €51,268 (-5.4%), from €950,235 to €898,968
- Tax, wage and social debts -€35,389
down €35,389 (-28.4%), from €124,645 to €89,256
- Gross operating margin +€58,455
up €58,455 (+31.4%), from €186,059 to €244,515
- Depreciation +€55,013
new in 2025: €55,013
- Financial charges +€32,950
up €32,950 (+172%), from €19,136 to €52,086
- Taxes -€9,872
down €9,872 (-26.0%), from €38,000 to €28,128
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 | €2,061,252 | €2,388,825 | +€327,573 | +15.9% |
| Fixed assets | 21/28 | €1,293,083 | €1,589,220 | +€296,137 | +22.9% |
| Tangible fixed assets | 22/27 | €1,291,583 | €1,587,205 | +€295,622 | +22.9% |
| Land and buildings | 22 | €230,000 | €1,587,205 | +€1.4m | +590% |
| Assets under construction and advance payments | 27 | €1,061,583 | - | -€1.1m | |
| Financial fixed assets | 28 | €1,500 | €2,015 | +€515 | +34.3% |
| Current assets | 29/58 | €768,168 | €799,604 | +€31,436 | +4.1% |
| Amounts receivable within one year | 40/41 | €496,102 | €588,107 | +€92,005 | +18.5% |
| Trade receivables | 40 | €112,829 | €70,000 | -€42,829 | -38.0% |
| Other amounts receivable | 41 | €383,272 | €518,107 | +€134,834 | +35.2% |
| Cash at bank and in hand | 54/58 | €272,066 | €211,492 | -€60,575 | -22.3% |
| Deferred charges and accrued income | 490/1 | - | €6 | +€6 | |
| Total equity and liabilities | 10/49 | €2,061,252 | €2,388,825 | +€327,573 | +15.9% |
| Equity | 10/15 | €504,500 | €613,938 | +€109,438 | +21.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €354,500 | €463,938 | +€109,438 | +30.9% |
| Amounts payable | 17/49 | €1,556,752 | €1,774,887 | +€218,135 | +14.0% |
| Amounts payable after more than one year | 17 | €950,235 | €898,968 | -€51,268 | -5.4% |
| Financial debts | 170/4 | €950,235 | €898,968 | -€51,268 | -5.4% |
| Amounts payable within one year | 42/48 | €606,516 | €875,919 | +€269,403 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €49,765 | €51,268 | +€1,503 | +3.0% |
| Trade debts | 44 | €858 | €19,407 | +€18,549 | +2,163% |
| Suppliers | 440/4 | €858 | €19,407 | +€18,549 | +2,163% |
| Taxes, remuneration and social security | 45 | €124,645 | €89,256 | -€35,389 | -28.4% |
| Taxes | 450/3 | €124,645 | €89,256 | -€35,389 | -28.4% |
| Other amounts payable | 47/48 | €431,250 | €715,988 | +€284,739 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €55,013 | +€55,013 | |
| Other operating charges | 640/8 | €408 | €421 | +€13 | +3.2% |
| Gross operating margin | 9900 | €186,059 | €244,515 | +€58,455 | +31.4% |
| Operating profit (loss) | 9901 | €185,651 | €189,081 | +€3,429 | +1.8% |
| Financial income | 75/76B | €1,047 | €980 | -€66 | -6.3% |
| Recurring financial income | 75 | €1,047 | €980 | -€66 | -6.3% |
| Financial charges | 65/66B | €19,136 | €52,086 | +€32,950 | +172% |
| Recurring financial charges | 65 | €19,136 | €52,086 | +€32,950 | +172% |
| Profit (loss) for the period before taxes | 9903 | €167,562 | €137,975 | -€29,587 | -17.7% |
| Income taxes | 67/77 | €38,000 | €28,128 | -€9,872 | -26.0% |
| Profit (loss) for the period | 9904 | €129,562 | €109,847 | -€19,714 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €129,562 | €109,847 | -€19,714 | -15.2% |
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.