LD IMMO: what changed
LD IMMO
Largest movements
- Tangible fixed assets -€24,626
down €24,626 (-70.9%), from €34,741 to €10,116
of which Furniture and vehicles: -€24,626
- Receivables within one year +€15,827
up €15,827 (+27.2%), from €58,147 to €73,974
of which Other amounts receivable: +€14,606
- Intangible fixed assets -€10,000
down €10,000 (-16.7%), from €60,027 to €50,027
- Receivables after one year -€9,321
down €9,321 (-34.4%), from €27,077 to €17,756
- Debts after one year -€26,873
down €26,873 (-76.4%), from €35,178 to €8,305
- Profit (loss) carried forward -€6,746
down €6,746 (-11.9%), from €56,723 to €49,977
- Short-term financial debts -€6,487
down €6,487 (-66.7%), from €9,728 to €3,241
- Tax, wage and social debts +€4,617
up €4,617 (+11.0%), from €41,889 to €46,506
of which Remuneration and social security: +€2,741
- Trade debts +€3,952
up €3,952 (+37.1%), from €10,645 to €14,598
- Gross operating margin -€7,008
down €7,008 (-10.9%), from €64,568 to €57,560
- Staff costs +€3,660
up €3,660 (+15.4%), from €23,723 to €27,383
- Other operating charges +€2,172
up €2,172 (+81.5%), from €2,666 to €4,838
- Taxes -€2,138
down €2,138 (-57.0%), from €3,748 to €1,610
- Financial charges +€884
up €884 (+27.3%), from €3,236 to €4,120
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,127 | €155,929 | -€29,197 | -15.8% |
| Fixed assets | 21/28 | €94,769 | €60,143 | -€34,626 | -36.5% |
| Intangible fixed assets | 21 | €60,027 | €50,027 | -€10,000 | -16.7% |
| Tangible fixed assets | 22/27 | €34,741 | €10,116 | -€24,626 | -70.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €34,741 | €10,116 | -€24,626 | -70.9% |
| Current assets | 29/58 | €90,358 | €95,786 | +€5,428 | +6.0% |
| Amounts receivable after more than one year | 29 | €27,077 | €17,756 | -€9,321 | -34.4% |
| Other amounts receivable | 291 | €27,077 | €17,756 | -€9,321 | -34.4% |
| Amounts receivable within one year | 40/41 | €58,147 | €73,974 | +€15,827 | +27.2% |
| Trade receivables | 40 | €9,000 | €10,221 | +€1,221 | +13.6% |
| Other amounts receivable | 41 | €49,147 | €63,753 | +€14,606 | +29.7% |
| Deferred charges and accrued income | 490/1 | €5,133 | €4,056 | -€1,077 | -21.0% |
| Total equity and liabilities | 10/49 | €185,127 | €155,929 | -€29,197 | -15.8% |
| Equity | 10/15 | €61,723 | €54,977 | -€6,746 | -10.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,723 | €49,977 | -€6,746 | -11.9% |
| Amounts payable | 17/49 | €123,404 | €100,953 | -€22,451 | -18.2% |
| Amounts payable after more than one year | 17 | €35,178 | €8,305 | -€26,873 | -76.4% |
| Financial debts | 170/4 | €35,178 | €8,305 | -€26,873 | -76.4% |
| Amounts payable within one year | 42/48 | €88,190 | €92,237 | +€4,047 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €25,928 | €27,893 | +€1,964 | +7.6% |
| Financial debts | 43 | €9,728 | €3,241 | -€6,487 | -66.7% |
| Credit institutions | 430/8 | €9,728 | €3,241 | -€6,487 | -66.7% |
| Trade debts | 44 | €10,645 | €14,598 | +€3,952 | +37.1% |
| Suppliers | 440/4 | €10,645 | €14,598 | +€3,952 | +37.1% |
| Taxes, remuneration and social security | 45 | €41,889 | €46,506 | +€4,617 | +11.0% |
| Taxes | 450/3 | €34,568 | €36,445 | +€1,877 | +5.4% |
| Remuneration and social security | 454/9 | €7,321 | €10,062 | +€2,741 | +37.4% |
| Accrued charges and deferred income | 492/3 | €35 | €410 | +€375 | +1,061% |
| Remuneration, social security and pensions | 62 | €23,723 | €27,383 | +€3,660 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,681 | €30,424 | +€743 | +2.5% |
| Other operating charges | 640/8 | €2,666 | €4,838 | +€2,172 | +81.5% |
| Gross operating margin | 9900 | €64,568 | €57,560 | -€7,008 | -10.9% |
| Operating profit (loss) | 9901 | €8,498 | -€5,084 | -€13,582 | |
| Financial income | 75/76B | €3,469 | €4,068 | +€599 | +17.3% |
| Recurring financial income | 75 | €3,469 | €4,068 | +€599 | +17.3% |
| Financial charges | 65/66B | €3,236 | €4,120 | +€884 | +27.3% |
| Recurring financial charges | 65 | €3,236 | €4,120 | +€884 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €8,730 | -€5,137 | -€13,867 | |
| Income taxes | 67/77 | €3,748 | €1,610 | -€2,138 | -57.0% |
| Profit (loss) for the period | 9904 | €4,983 | -€6,746 | -€11,729 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,983 | -€6,746 | -€11,729 |
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 4 November 2026 via checked.be.