LMGD 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.
LMGD IMMO
Largest movements
- Tangible fixed assets -€9,551
down €9,551 (-10.1%), from €94,469 to €84,918
of which Land and buildings: -€8,222
- Cash +€2,361
up €2,361 (+77.6%), from €3,042 to €5,403
mainly Depreciation (+€9,952) and Receivables within one year (+€1,684)
- Receivables within one year -€1,684
down €1,684 (-74.2%), from €2,270 to €586
of which Trade receivables: -€1,129
- Profit (loss) carried forward -€4,271
down €4,271 (-41.4%), from -€10,305 to -€14,576
- Debts after one year -€4,165
down €4,165 (-5.6%), from €74,705 to €70,540
- Depreciation -€4,522
down €4,522 (-31.2%), from €14,474 to €9,952
- Gross operating margin +€598
up €598 (+6.6%), from €9,005 to €9,603
- Financial charges +€395
up €395 (+13.3%), from €2,968 to €3,363
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 | €100,861 | €91,816 | -€9,045 | -9.0% |
| Formation expenses | 20 | €1,017 | €616 | -€401 | -39.4% |
| Fixed assets | 21/28 | €94,469 | €84,918 | -€9,551 | -10.1% |
| Tangible fixed assets | 22/27 | €94,469 | €84,918 | -€9,551 | -10.1% |
| Land and buildings | 22 | €81,886 | €73,664 | -€8,222 | -10.0% |
| Plant, machinery and equipment | 23 | €12,583 | €11,254 | -€1,329 | -10.6% |
| Current assets | 29/58 | €5,375 | €6,282 | +€907 | +16.9% |
| Amounts receivable within one year | 40/41 | €2,270 | €586 | -€1,684 | -74.2% |
| Trade receivables | 40 | €1,470 | €341 | -€1,129 | -76.8% |
| Other amounts receivable | 41 | €800 | €245 | -€555 | -69.4% |
| Cash at bank and in hand | 54/58 | €3,042 | €5,403 | +€2,361 | +77.6% |
| Deferred charges and accrued income | 490/1 | €63 | €293 | +€230 | +365% |
| Total equity and liabilities | 10/49 | €100,861 | €91,816 | -€9,045 | -9.0% |
| Equity | 10/15 | -€8,305 | -€12,576 | -€4,271 | -51.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,305 | -€14,576 | -€4,271 | -41.4% |
| Amounts payable | 17/49 | €109,166 | €104,392 | -€4,774 | -4.4% |
| Amounts payable after more than one year | 17 | €74,705 | €70,540 | -€4,165 | -5.6% |
| Financial debts | 170/4 | €74,705 | €70,540 | -€4,165 | -5.6% |
| Amounts payable within one year | 42/48 | €33,999 | €33,852 | -€147 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €31,277 | €31,444 | +€167 | +0.5% |
| Trade debts | 44 | €523 | €1,030 | +€507 | +96.9% |
| Suppliers | 440/4 | €523 | €1,030 | +€507 | +96.9% |
| Advances received on contracts in progress | 46 | €718 | - | -€718 | |
| Other amounts payable | 47/48 | €1,481 | €1,378 | -€103 | -7.0% |
| Accrued charges and deferred income | 492/3 | €462 | - | -€462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,474 | €9,952 | -€4,522 | -31.2% |
| Other operating charges | 640/8 | €486 | €559 | +€73 | +15.0% |
| Gross operating margin | 9900 | €9,005 | €9,603 | +€598 | +6.6% |
| Operating profit (loss) | 9901 | -€5,955 | -€908 | +€5,047 | +84.8% |
| Financial charges | 65/66B | €2,968 | €3,363 | +€395 | +13.3% |
| Recurring financial charges | 65 | €2,968 | €3,363 | +€395 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,923 | -€4,271 | +€4,652 | +52.1% |
| Profit (loss) for the period | 9904 | -€8,923 | -€4,271 | +€4,652 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,923 | -€4,271 | +€4,652 | +52.1% |
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.