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LOWIST IMMO: 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

LOWIST IMMO

BE 0472.962.003
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
€80,047
2024 · €94,860-€14,813
Equity
€970,207
2024 · €890,160+€80,047
Cash
€7,974
2024 · €6,252+€1,722
Balance sheet total
€1.3m
2024 · €1.3m-€4,837

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€18,411

    down €18,411 (-1.6%), from €1.1m to €1.1m

Equity and liabilities
  • Reserves +€79,000

    up €79,000 (+9.2%), from €860,729 to €939,729

  • Debts after one year -€62,654

    down €62,654 (-66.5%), from €94,239 to €31,585

  • Other debts -€46,704

    down €46,704 (-16.6%), from €281,913 to €235,208

  • Trade debts +€18,635

    up €18,635 (+8282.4%), from €225 to €18,860

Income statement
  • Gross operating margin -€27,587

    down €27,587 (-15.9%), from €173,964 to €146,376

  • Taxes -€7,063

    down €7,063 (-18.8%), from €37,612 to €30,549

  • Financial income +€5,626

    up €5,626 (+311.6%), from €1,806 to €7,432

From the 2024 result to the 2025 result

effect on the 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 €94,860
Gross operating margin -€27,587
Depreciation -€147
Other operating charges -€489
Financial income +€5,626
Financial charges +€721
Taxes +€7,063
Result 2025 €80,047

Cash bridge derived

cash 2024 to 2025

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 +€84,958
Investment -€21,264
Financing -€61,972
Cash 2024 €6,252
Net result for the year +€80,047
Depreciation +€32,245
Receivables within one year -€4,359
Deferred charges and accrued income -€64
Trade debts +€18,635
Tax, wage and social debts +€5,157
Other debts -€46,704
Investment in fixed assets (net) -€13,834
Current investments -€7,430
Debts after one year -€62,654
Current portion of long-term debt +€682
Cash 2025 €7,974
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,343,312 €1,338,475 -€4,837 -0.4%
Fixed assets 21/28 €1,143,135 €1,124,724 -€18,411 -1.6%
Tangible fixed assets 22/27 €1,143,135 €1,124,724 -€18,411 -1.6%
Land and buildings 22 €1,143,135 €1,124,724 -€18,411 -1.6%
Current assets 29/58 €200,177 €213,751 +€13,574 +6.8%
Amounts receivable within one year 40/41 €0 €4,359 +€4,359
Trade receivables 40 €0 €4,359 +€4,359
Other amounts receivable 41 €0 - =
Current investments 50/53 €193,523 €200,953 +€7,430 +3.8%
Cash at bank and in hand 54/58 €6,252 €7,974 +€1,722 +27.5%
Deferred charges and accrued income 490/1 €401 €465 +€64 +15.9%
Total equity and liabilities 10/49 €1,343,312 €1,338,475 -€4,837 -0.4%
Equity 10/15 €890,160 €970,207 +€80,047 +9.0%
Contributions 10/11 €29,431 €29,431 = 0.0%
Reserves 13 €860,729 €939,729 +€79,000 +9.2%
Distributable reserves 133 €860,729 €939,729 +€79,000 +9.2%
Profit (loss) carried forward 14 - €1,047 +€1,047
Amounts payable 17/49 €453,152 €368,268 -€84,884 -18.7%
Amounts payable after more than one year 17 €94,239 €31,585 -€62,654 -66.5%
Financial debts 170/4 €94,239 €31,585 -€62,654 -66.5%
Amounts payable within one year 42/48 €358,912 €336,683 -€22,230 -6.2%
Current portion of amounts payable after more than one year 42 €61,972 €62,654 +€682 +1.1%
Trade debts 44 €225 €18,860 +€18,635 +8282.4%
Suppliers 440/4 €225 €18,860 +€18,635 +8282.4%
Taxes, remuneration and social security 45 €14,802 €19,960 +€5,157 +34.8%
Taxes 450/3 €14,802 €19,960 +€5,157 +34.8%
Other amounts payable 47/48 €281,913 €235,208 -€46,704 -16.6%
Accrued charges and deferred income 492/3 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €32,098 €32,245 +€147 +0.5%
Other operating charges 640/8 €8,605 €9,094 +€489 +5.7%
Gross operating margin 9900 €173,964 €146,376 -€27,587 -15.9%
Operating profit (loss) 9901 €133,260 €105,037 -€28,223 -21.2%
Financial income 75/76B €1,806 €7,432 +€5,626 +311.6%
Recurring financial income 75 €1,806 €7,432 +€5,626 +311.6%
Financial charges 65/66B €2,594 €1,873 -€721 -27.8%
Recurring financial charges 65 €2,594 €1,873 -€721 -27.8%
Profit (loss) for the period before taxes 9903 €132,472 €110,596 -€21,876 -16.5%
Income taxes 67/77 €37,612 €30,549 -€7,063 -18.8%
Profit (loss) for the period 9904 €94,860 €80,047 -€14,813 -15.6%
Profit (loss) for the period to be appropriated 9905 €94,860 €80,047 -€14,813 -15.6%

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 30 September 2026 via checked.be.