LS - 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.
LS - IMMO
Largest movements
- Receivables within one year +€9,369
up €9,369 (+166.4%), from €5,631 to €15,000
of which Trade receivables: +€15,000
- Cash +€2,717
up €2,717 (+45.9%), from €5,921 to €8,638
mainly Net result for the year (+€7,819) and Other debts (+€3,405)
- Profit (loss) carried forward +€7,819
up €7,819 (+296.5%), from €2,637 to €10,456
- Other debts +€3,405
new in 2025: €3,405
- Tax, wage and social debts +€1,046
up €1,046 (+18.8%), from €5,567 to €6,613
- Gross operating margin +€613
up €613 (+5.3%), from €11,599 to €12,212
- Taxes -€447
down €447 (-13.4%), from €3,326 to €2,879
- Other operating charges -€430
down €430 (-51.8%), from €830 to €400
- Financial income -€159
down €159 (-93.5%), from €170 to €11
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 | €11,552 | €23,638 | +€12,086 | +104.6% |
| Current assets | 29/58 | €11,552 | €23,638 | +€12,086 | +104.6% |
| Amounts receivable within one year | 40/41 | €5,631 | €15,000 | +€9,369 | +166.4% |
| Trade receivables | 40 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | €5,631 | - | -€5,631 | |
| Cash at bank and in hand | 54/58 | €5,921 | €8,638 | +€2,717 | +45.9% |
| Total equity and liabilities | 10/49 | €11,552 | €23,638 | +€12,086 | +104.6% |
| Equity | 10/15 | €5,637 | €13,456 | +€7,819 | +138.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,637 | €10,456 | +€7,819 | +296.5% |
| Amounts payable | 17/49 | €5,915 | €10,182 | +€4,267 | +72.1% |
| Amounts payable within one year | 42/48 | €5,915 | €10,182 | +€4,267 | +72.1% |
| Trade debts | 44 | €348 | €164 | -€184 | -52.9% |
| Suppliers | 440/4 | €348 | €164 | -€184 | -52.9% |
| Taxes, remuneration and social security | 45 | €5,567 | €6,613 | +€1,046 | +18.8% |
| Taxes | 450/3 | €5,567 | €6,613 | +€1,046 | +18.8% |
| Other amounts payable | 47/48 | - | €3,405 | +€3,405 | |
| Other operating charges | 640/8 | €830 | €400 | -€430 | -51.8% |
| Gross operating margin | 9900 | €11,599 | €12,212 | +€613 | +5.3% |
| Operating profit (loss) | 9901 | €10,769 | €11,812 | +€1,043 | +9.7% |
| Financial income | 75/76B | €170 | €11 | -€159 | -93.5% |
| Recurring financial income | 75 | €170 | €11 | -€159 | -93.5% |
| Financial charges | 65/66B | €1,078 | €1,125 | +€47 | +4.4% |
| Recurring financial charges | 65 | €1,078 | €1,125 | +€47 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €9,861 | €10,698 | +€837 | +8.5% |
| Income taxes | 67/77 | €3,326 | €2,879 | -€447 | -13.4% |
| Profit (loss) for the period | 9904 | €6,535 | €7,819 | +€1,284 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,535 | €7,819 | +€1,284 | +19.6% |
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 10 October 2026 via checked.be.