LVC Immo en Management: what changed
LVC Immo en Management
Largest movements
- Tangible fixed assets +€259,766
up €259,766 (+73.3%), from €354,611 to €614,377
- Cash -€15,570
down €15,570 (-97.0%), from €16,059 to €489
mainly Investment in fixed assets (net) (-€271,952) and Receivables within one year (-€6,445)
- Receivables within one year +€6,445
up €6,445 (+1,635%), from €394 to €6,839
of which Trade receivables: +€6,281
- Debts after one year +€234,610
up €234,610 (+76.6%), from €306,151 to €540,761
- Current portion of long-term debt +€11,354
up €11,354 (+47.2%), from €24,037 to €35,390
- Gross operating margin -€2,850
down €2,850 (-9.0%), from €31,598 to €28,748
- Taxes -€689
down €689 (-32.3%), from €2,129 to €1,441
- Financial charges -€560
down €560 (-7.4%), from €7,605 to €7,045
- Other operating charges -€506
down €506 (-11.3%), from €4,480 to €3,974
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €372,889 | €626,228 | +€253,339 | +67.9% |
| Fixed assets | 21/28 | €354,611 | €614,377 | +€259,766 | +73.3% |
| Tangible fixed assets | 22/27 | €354,611 | €614,377 | +€259,766 | +73.3% |
| Land and buildings | 22 | €354,611 | €614,377 | +€259,766 | +73.3% |
| Current assets | 29/58 | €18,278 | €11,851 | -€6,427 | -35.2% |
| Amounts receivable within one year | 40/41 | €394 | €6,839 | +€6,445 | +1,635% |
| Trade receivables | 40 | - | €6,281 | +€6,281 | |
| Other amounts receivable | 41 | €394 | €558 | +€164 | +41.6% |
| Cash at bank and in hand | 54/58 | €16,059 | €489 | -€15,570 | -97.0% |
| Deferred charges and accrued income | 490/1 | €1,825 | €4,523 | +€2,698 | +148% |
| Total equity and liabilities | 10/49 | €372,889 | €626,228 | +€253,339 | +67.9% |
| Equity | 10/15 | €31,984 | €36,087 | +€4,103 | +12.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €21,984 | €26,087 | +€4,103 | +18.7% |
| Distributable reserves | 133 | €21,984 | €26,087 | +€4,103 | +18.7% |
| Amounts payable | 17/49 | €340,905 | €590,141 | +€249,236 | +73.1% |
| Amounts payable after more than one year | 17 | €306,151 | €540,761 | +€234,610 | +76.6% |
| Financial debts | 170/4 | €306,151 | €540,761 | +€234,610 | +76.6% |
| Amounts payable within one year | 42/48 | €34,754 | €49,380 | +€14,626 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €24,037 | €35,390 | +€11,354 | +47.2% |
| Trade debts | 44 | €3,926 | €4,758 | +€832 | +21.2% |
| Suppliers | 440/4 | €3,926 | €4,758 | +€832 | +21.2% |
| Taxes, remuneration and social security | 45 | €2,202 | €1,481 | -€722 | -32.8% |
| Taxes | 450/3 | €2,202 | €1,481 | -€722 | -32.8% |
| Other amounts payable | 47/48 | €4,589 | €7,751 | +€3,162 | +68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,964 | €12,186 | +€221 | +1.8% |
| Other operating charges | 640/8 | €4,480 | €3,974 | -€506 | -11.3% |
| Gross operating margin | 9900 | €31,598 | €28,748 | -€2,850 | -9.0% |
| Operating profit (loss) | 9901 | €15,154 | €12,589 | -€2,565 | -16.9% |
| Financial charges | 65/66B | €7,605 | €7,045 | -€560 | -7.4% |
| Recurring financial charges | 65 | €7,605 | €7,045 | -€560 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €7,549 | €5,544 | -€2,005 | -26.6% |
| Income taxes | 67/77 | €2,129 | €1,441 | -€689 | -32.3% |
| Profit (loss) for the period | 9904 | €5,419 | €4,103 | -€1,316 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,419 | €4,103 | -€1,316 | -24.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.