LP Immo Management: 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.
LP Immo Management
Largest movements
- Tangible fixed assets +€115,001
up €115,001 (+28.9%), from €397,717 to €512,718
of which Land and buildings: +€115,269
- Receivables within one year +€43,591
new in 2025: €43,591
- Receivables after one year -€30,926
down €30,926 (-47.1%), from €65,700 to €34,774
- Cash -€18,520
down €18,520 (-85.9%), from €21,552 to €3,032
mainly Investment in fixed assets (net) (-€131,817) and Receivables within one year (-€43,591)
- Revaluation surpluses +€111,478
new in 2025: €111,478
- Profit (loss) carried forward -€22,340
down €22,340 (-172.5%), from -€12,949 to -€35,289
- Other debts +€12,842
up €12,842 (+843.5%), from €1,522 to €14,364
- Depreciation +€9,369
up €9,369 (+121.6%), from €7,703 to €17,072
- Financial charges +€4,285
up €4,285 (+37.3%), from €11,503 to €15,788
- Gross operating margin +€3,690
up €3,690 (+39.5%), from €9,344 to €13,034
- Other operating charges -€572
down €572 (-18.5%), from €3,087 to €2,514
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €485,650 | €594,539 | +€108,890 | +22.4% |
| Formation expenses | 20 | €680 | €424 | -€256 | -37.6% |
| Fixed assets | 21/28 | €397,717 | €512,718 | +€115,001 | +28.9% |
| Tangible fixed assets | 22/27 | €397,717 | €512,718 | +€115,001 | +28.9% |
| Land and buildings | 22 | €396,779 | €512,048 | +€115,269 | +29.1% |
| Furniture and vehicles | 24 | €938 | €671 | -€268 | -28.5% |
| Current assets | 29/58 | €87,252 | €81,397 | -€5,855 | -6.7% |
| Amounts receivable after more than one year | 29 | €65,700 | €34,774 | -€30,926 | -47.1% |
| Other amounts receivable | 291 | €65,700 | €34,774 | -€30,926 | -47.1% |
| Amounts receivable within one year | 40/41 | - | €43,591 | +€43,591 | |
| Other amounts receivable | 41 | - | €43,591 | +€43,591 | |
| Cash at bank and in hand | 54/58 | €21,552 | €3,032 | -€18,520 | -85.9% |
| Total equity and liabilities | 10/49 | €485,650 | €594,539 | +€108,890 | +22.4% |
| Equity | 10/15 | -€7,949 | €81,189 | +€89,137 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €111,478 | +€111,478 | |
| Profit (loss) carried forward | 14 | -€12,949 | -€35,289 | -€22,340 | -172.5% |
| Amounts payable | 17/49 | €493,598 | €513,350 | +€19,752 | +4.0% |
| Amounts payable after more than one year | 17 | €480,486 | €482,121 | +€1,635 | +0.3% |
| Financial debts | 170/4 | €480,486 | €482,121 | +€1,635 | +0.3% |
| Amounts payable within one year | 42/48 | €13,112 | €31,229 | +€18,118 | +138.2% |
| Current portion of amounts payable after more than one year | 42 | €11,589 | €16,865 | +€5,276 | +45.5% |
| Other amounts payable | 47/48 | €1,522 | €14,364 | +€12,842 | +843.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,703 | €17,072 | +€9,369 | +121.6% |
| Other operating charges | 640/8 | €3,087 | €2,514 | -€572 | -18.5% |
| Gross operating margin | 9900 | €9,344 | €13,034 | +€3,690 | +39.5% |
| Operating profit (loss) | 9901 | -€1,446 | -€6,552 | -€5,107 | -353.3% |
| Financial charges | 65/66B | €11,503 | €15,788 | +€4,285 | +37.3% |
| Recurring financial charges | 65 | €11,503 | €15,788 | +€4,285 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,949 | -€22,340 | -€9,392 | -72.5% |
| Profit (loss) for the period | 9904 | -€12,949 | -€22,340 | -€9,392 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,949 | -€22,340 | -€9,392 | -72.5% |
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 5 October 2026 via checked.be.