LOFIMMO: 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.
LOFIMMO
Largest movements
- Tangible fixed assets -€20,662
down €20,662 (-4.1%), from €506,497 to €485,835
- Debts after one year -€36,823
down €36,823 (-14.3%), from €257,049 to €220,225
- Trade debts +€8,001
up €8,001 (+70.0%), from €11,431 to €19,432
- Other operating charges +€8,015
up €8,015 (+1785.7%), from €449 to €8,464
- Gross operating margin +€6,251
up €6,251 (+20.4%), from €30,708 to €36,959
- Financial charges -€2,619
down €2,619 (-34.4%), from €7,605 to €4,985
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,313 | €493,564 | -€26,749 | -5.1% |
| Fixed assets | 21/28 | €506,497 | €485,835 | -€20,662 | -4.1% |
| Tangible fixed assets | 22/27 | €506,497 | €485,835 | -€20,662 | -4.1% |
| Land and buildings | 22 | €506,497 | €485,835 | -€20,662 | -4.1% |
| Current assets | 29/58 | €13,816 | €7,729 | -€6,087 | -44.1% |
| Amounts receivable within one year | 40/41 | €11,570 | €6,470 | -€5,100 | -44.1% |
| Other amounts receivable | 41 | €11,570 | €6,470 | -€5,100 | -44.1% |
| Cash at bank and in hand | 54/58 | €2,246 | - | -€2,246 | |
| Deferred charges and accrued income | 490/1 | - | €1,259 | +€1,259 | |
| Total equity and liabilities | 10/49 | €520,313 | €493,564 | -€26,749 | -5.1% |
| Equity | 10/15 | €196,296 | €198,368 | +€2,072 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,836 | €177,908 | +€2,072 | +1.2% |
| Amounts payable | 17/49 | €324,017 | €295,196 | -€28,821 | -8.9% |
| Amounts payable after more than one year | 17 | €257,049 | €220,225 | -€36,823 | -14.3% |
| Financial debts | 170/4 | €257,049 | €220,225 | -€36,823 | -14.3% |
| Amounts payable within one year | 42/48 | €65,586 | €73,922 | +€8,336 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €36,197 | €36,823 | +€626 | +1.7% |
| Trade debts | 44 | €11,431 | €19,432 | +€8,001 | +70.0% |
| Suppliers | 440/4 | €11,431 | €19,432 | +€8,001 | +70.0% |
| Taxes, remuneration and social security | 45 | €1,600 | €1,308 | -€291 | -18.2% |
| Taxes | 450/3 | €1,600 | €1,308 | -€291 | -18.2% |
| Other amounts payable | 47/48 | €16,359 | €16,359 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,382 | €1,048 | -€334 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,662 | €20,662 | +€0 | 0.0% |
| Other operating charges | 640/8 | €449 | €8,464 | +€8,015 | +1785.7% |
| Gross operating margin | 9900 | €30,708 | €36,959 | +€6,251 | +20.4% |
| Operating profit (loss) | 9901 | €9,597 | €7,834 | -€1,763 | -18.4% |
| Financial charges | 65/66B | €7,605 | €4,985 | -€2,619 | -34.4% |
| Recurring financial charges | 65 | €7,605 | €4,985 | -€2,619 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €1,993 | €2,849 | +€856 | +43.0% |
| Income taxes | 67/77 | €532 | €776 | +€244 | +46.0% |
| Profit (loss) for the period | 9904 | €1,461 | €2,072 | +€612 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,461 | €2,072 | +€612 | +41.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.