LMNE: 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.
What changed
LMNE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,349
2024 · -€68,184+€71,533
Equity
€3.0m
2024 · €3.0m-€66,575
Cash
€6,082
2024 · €19,716-€13,634
Balance sheet total
€6.0m
2024 · €5.0m+€948,322
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+65.8%), from €1.5m to €2.6m
of which Other amounts receivable: +€1.0m
Equity and liabilities
- Short-term financial debts +€1.1m
new in 2025: €1.1m
- Reserves -€82,100
down €82,100 (-3.1%), from €2.7m to €2.6m
of which Tax-exempt reserves: -€82,100
- Debts after one year -€76,857
down €76,857 (-7.8%), from €991,402 to €914,545
of which Financial debts: -€78,257
- Other debts +€69,924
new in 2025: €69,924
Income statement
- Gross operating margin +€93,276
up €93,276 (+178.7%), from €52,209 to €145,485
- Other operating charges -€37,902
down €37,902 (-73.8%), from €51,389 to €13,487
- Financial charges +€21,118
up €21,118 (+102.9%), from €20,513 to €41,632
- Taxes +€16,670
new in 2025: €16,670
- Financial income -€13,656
down €13,656 (-100.0%), from €13,656 to €0
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.
Result 2024
-€68,184
Gross operating margin
+€93,276
Depreciation
-€9,944
Other operating charges
+€37,902
Financial income
-€13,656
Financial charges
-€21,118
Taxes
-€16,670
Deferred taxes and other
+€1,744
Result 2025
€3,349
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.
From operations
-€913,807
Investment
-€32,115
Financing
+€932,288
Cash 2024
€19,716
From operations (derived)
-€913,807
Net result for the year
+€3,349
Depreciation
+€89,293
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€1,498
Provisions
-€18,947
Trade debts
-€54,963
Tax, wage and social debts
+€16,670
Other debts
+€69,924
Investment (derived)
-€32,115
Investment in fixed assets (net)
-€32,115
Financing
+€932,288
Debts after one year
-€76,857
Current portion of long-term debt
+€1,389
Short-term financial debts
+€1.1m
Contributions, distributions and other
-€69,924
Cash 2025
€6,082
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,015,830 | €5,964,152 | +€948,322 | +18.9% |
| Fixed assets | 21/28 | €3,447,428 | €3,390,250 | -€57,179 | -1.7% |
| Tangible fixed assets | 22/27 | €3,297,400 | €3,240,221 | -€57,179 | -1.7% |
| Land and buildings | 22 | €3,017,334 | €3,238,764 | +€221,431 | +7.3% |
| Plant, machinery and equipment | 23 | €2,376 | €1,457 | -€919 | -38.7% |
| Assets under construction and advance payments | 27 | €277,691 | - | -€277,691 | |
| Financial fixed assets | 28 | €150,028 | €150,028 | = | 0.0% |
| Current assets | 29/58 | €1,568,401 | €2,573,902 | +€1.0m | +64.1% |
| Amounts receivable within one year | 40/41 | €1,546,820 | €2,564,456 | +€1.0m | +65.8% |
| Trade receivables | 40 | €1,364 | - | -€1,364 | |
| Other amounts receivable | 41 | €1,545,456 | €2,564,456 | +€1.0m | +65.9% |
| Cash at bank and in hand | 54/58 | €19,716 | €6,082 | -€13,634 | -69.2% |
| Deferred charges and accrued income | 490/1 | €1,866 | €3,364 | +€1,498 | +80.3% |
| Total equity and liabilities | 10/49 | €5,015,830 | €5,964,152 | +€948,322 | +18.9% |
| Equity | 10/15 | €3,039,248 | €2,972,673 | -€66,575 | -2.2% |
| Contributions | 10/11 | €384,300 | €384,300 | = | 0.0% |
| Capital | 10 | €384,300 | €384,300 | = | 0.0% |
| Issued capital | 100 | €384,300 | €384,300 | = | 0.0% |
| Reserves | 13 | €2,671,524 | €2,589,424 | -€82,100 | -3.1% |
| Non-distributable reserves | 130/1 | €80,881 | €80,881 | = | 0.0% |
| Legal reserve | 130 | €38,430 | €38,430 | = | 0.0% |
| Other | 1319 | €42,451 | €42,451 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,590,643 | €2,508,543 | -€82,100 | -3.2% |
| Profit (loss) carried forward | 14 | -€16,576 | -€1,051 | +€15,525 | +93.7% |
| Provisions and deferred taxes | 16 | €848,111 | €829,164 | -€18,947 | -2.2% |
| Deferred taxes | 168 | €848,111 | €829,164 | -€18,947 | -2.2% |
| Amounts payable | 17/49 | €1,128,470 | €2,162,314 | +€1.0m | +91.6% |
| Amounts payable after more than one year | 17 | €991,402 | €914,545 | -€76,857 | -7.8% |
| Financial debts | 170/4 | €959,052 | €880,795 | -€78,257 | -8.2% |
| Other amounts payable | 178/9 | €32,350 | €33,750 | +€1,400 | +4.3% |
| Amounts payable within one year | 42/48 | €137,069 | €1,247,769 | +€1.1m | +810.3% |
| Current portion of amounts payable after more than one year | 42 | €76,868 | €78,257 | +€1,389 | +1.8% |
| Financial debts | 43 | - | €1,077,680 | +€1.1m | |
| Credit institutions | 430/8 | - | €1,077,680 | +€1.1m | |
| Trade debts | 44 | €60,201 | €5,238 | -€54,963 | -91.3% |
| Suppliers | 440/4 | €60,201 | €5,238 | -€54,963 | -91.3% |
| Taxes, remuneration and social security | 45 | - | €16,670 | +€16,670 | |
| Taxes | 450/3 | - | €16,670 | +€16,670 | |
| Other amounts payable | 47/48 | - | €69,924 | +€69,924 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,349 | €89,293 | +€9,944 | +12.5% |
| Other operating charges | 640/8 | €51,389 | €13,487 | -€37,902 | -73.8% |
| Gross operating margin | 9900 | €52,209 | €145,485 | +€93,276 | +178.7% |
| Operating profit (loss) | 9901 | -€78,529 | €42,704 | +€121,234 | |
| Financial income | 75/76B | €13,656 | €0 | -€13,656 | -100.0% |
| Recurring financial income | 75 | €13,656 | €0 | -€13,656 | -100.0% |
| Financial charges | 65/66B | €20,513 | €41,632 | +€21,118 | +102.9% |
| Recurring financial charges | 65 | €20,513 | €41,632 | +€21,118 | +102.9% |
| Profit (loss) for the period before taxes | 9903 | -€85,387 | €1,073 | +€86,459 | |
| Transfer from deferred taxes | 780 | €17,203 | €18,947 | +€1,744 | +10.1% |
| Income taxes | 67/77 | - | €16,670 | +€16,670 | |
| Profit (loss) for the period | 9904 | -€68,184 | €3,349 | +€71,533 | |
| Transfer from tax-exempt reserves | 789 | €51,608 | €82,100 | +€30,492 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,576 | €85,449 | +€102,025 |
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 4 October 2026 via checked.be.