LOVO 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.
LOVO IMMO
Largest movements
- Tangible fixed assets -€25,833
down €25,833 (-2.7%), from €953,136 to €927,303
- Profit (loss) carried forward -€20,769
down €20,769 (-35.3%), from -€58,836 to -€79,605
- Debts after one year -€13,901
down €13,901 (-2.0%), from €695,146 to €681,245
- Gross operating margin +€1,794
up €1,794 (+16.2%), from €11,063 to €12,857
- Depreciation +€283
up €283 (+1.1%), from €25,550 to €25,833
- Financial charges -€172
down €172 (-4.6%), from €3,734 to €3,562
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 | €991,149 | €956,406 | -€34,743 | -3.5% |
| Fixed assets | 21/28 | €953,136 | €927,303 | -€25,833 | -2.7% |
| Tangible fixed assets | 22/27 | €953,136 | €927,303 | -€25,833 | -2.7% |
| Land and buildings | 22 | €953,136 | €927,303 | -€25,833 | -2.7% |
| Current assets | 29/58 | €38,013 | €29,103 | -€8,910 | -23.4% |
| Cash at bank and in hand | 54/58 | €37,626 | €28,042 | -€9,583 | -25.5% |
| Deferred charges and accrued income | 490/1 | €387 | €1,061 | +€673 | +174% |
| Total equity and liabilities | 10/49 | €991,149 | €956,406 | -€34,743 | -3.5% |
| Equity | 10/15 | €261,164 | €240,395 | -€20,769 | -8.0% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,836 | -€79,605 | -€20,769 | -35.3% |
| Amounts payable | 17/49 | €729,985 | €716,012 | -€13,974 | -1.9% |
| Amounts payable after more than one year | 17 | €695,146 | €681,245 | -€13,901 | -2.0% |
| Financial debts | 170/4 | €695,146 | €681,245 | -€13,901 | -2.0% |
| Amounts payable within one year | 42/48 | €29,782 | €29,572 | -€211 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €13,714 | €13,901 | +€186 | +1.4% |
| Trade debts | 44 | €698 | €1,459 | +€761 | +109% |
| Suppliers | 440/4 | €698 | €1,459 | +€761 | +109% |
| Other amounts payable | 47/48 | €15,370 | €14,212 | -€1,158 | -7.5% |
| Accrued charges and deferred income | 492/3 | €5,057 | €5,195 | +€138 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,550 | €25,833 | +€283 | +1.1% |
| Other operating charges | 640/8 | €4,104 | €4,231 | +€128 | +3.1% |
| Gross operating margin | 9900 | €11,063 | €12,857 | +€1,794 | +16.2% |
| Operating profit (loss) | 9901 | -€18,591 | -€17,207 | +€1,384 | +7.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,734 | €3,562 | -€172 | -4.6% |
| Recurring financial charges | 65 | €3,734 | €3,562 | -€172 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,325 | -€20,769 | +€1,556 | +7.0% |
| Profit (loss) for the period | 9904 | -€22,325 | -€20,769 | +€1,556 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,325 | -€20,769 | +€1,556 | +7.0% |
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 31 October 2026 via checked.be.