IMMO LS: what changed
IMMO LS
Largest movements
- Cash -€22,507
down €22,507 (-85.0%), from €26,476 to €3,969
mainly Investment in fixed assets (net) (-€41,322) and Deferred charges and accrued income (-€16,800)
- Tangible fixed assets +€19,684
up €19,684 (+6.3%), from €313,577 to €333,261
- Deferred charges and accrued income +€16,800
up €16,800 (+120%), from €14,000 to €30,800
- Other debts +€34,160
up €34,160 (+13.7%), from €248,873 to €283,033
- Profit (loss) carried forward -€13,829
down €13,829 (-27.4%), from -€50,443 to -€64,272
- Advances received +€10,164
up €10,164 (+104%), from €9,800 to €19,964
- Debts after one year -€8,700
down €8,700 (-7.1%), from €122,812 to €114,112
- Trade debts -€7,782
down €7,782 (-73.7%), from €10,552 to €2,770
- Gross operating margin +€7,749
up €7,749 (+140%), from €5,529 to €13,278
- Purchases and services -€4,949
down €4,949 (-58.4%), from €8,471 to €3,522
- Depreciation +€3,787
up €3,787 (+21.2%), from €17,851 to €21,638
- Other operating charges -€3,087
down €3,087 (-67.5%), from €4,574 to €1,487
- Turnover +€2,800
up €2,800 (+20.0%), from €14,000 to €16,800
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 | €355,378 | €370,148 | +€14,770 | +4.2% |
| Fixed assets | 21/28 | €313,577 | €333,261 | +€19,684 | +6.3% |
| Tangible fixed assets | 22/27 | €313,577 | €333,261 | +€19,684 | +6.3% |
| Land and buildings | 22 | €313,577 | €333,261 | +€19,684 | +6.3% |
| Current assets | 29/58 | €41,801 | €36,887 | -€4,914 | -11.8% |
| Amounts receivable within one year | 40/41 | €1,325 | €2,118 | +€793 | +59.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,325 | €2,118 | +€793 | +59.8% |
| Cash at bank and in hand | 54/58 | €26,476 | €3,969 | -€22,507 | -85.0% |
| Deferred charges and accrued income | 490/1 | €14,000 | €30,800 | +€16,800 | +120% |
| Total equity and liabilities | 10/49 | €355,378 | €370,148 | +€14,770 | +4.2% |
| Equity | 10/15 | -€45,443 | -€59,272 | -€13,829 | -30.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,443 | -€64,272 | -€13,829 | -27.4% |
| Amounts payable | 17/49 | €400,821 | €429,420 | +€28,599 | +7.1% |
| Amounts payable after more than one year | 17 | €122,812 | €114,112 | -€8,700 | -7.1% |
| Financial debts | 170/4 | €122,812 | €114,112 | -€8,700 | -7.1% |
| Amounts payable within one year | 42/48 | €278,009 | €314,658 | +€36,649 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €8,784 | €8,891 | +€107 | +1.2% |
| Trade debts | 44 | €10,552 | €2,770 | -€7,782 | -73.7% |
| Suppliers | 440/4 | €10,552 | €2,770 | -€7,782 | -73.7% |
| Advances received on contracts in progress | 46 | €9,800 | €19,964 | +€10,164 | +104% |
| Other amounts payable | 47/48 | €248,873 | €283,033 | +€34,160 | +13.7% |
| Accrued charges and deferred income | 492/3 | €0 | €650 | +€650 | |
| Turnover | 70 | €14,000 | €16,800 | +€2,800 | +20.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,471 | €3,522 | -€4,949 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,851 | €21,638 | +€3,787 | +21.2% |
| Other operating charges | 640/8 | €4,574 | €1,487 | -€3,087 | -67.5% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €5,529 | €13,278 | +€7,749 | +140% |
| Operating profit (loss) | 9901 | -€16,946 | -€9,847 | +€7,099 | +41.9% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €4,305 | €4,037 | -€268 | -6.2% |
| Recurring financial charges | 65 | €4,305 | €4,037 | -€268 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,251 | -€13,830 | +€7,421 | +34.9% |
| Profit (loss) for the period | 9904 | -€21,251 | -€13,830 | +€7,421 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,251 | -€13,830 | +€7,421 | +34.9% |
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.