IMMO AL-WEGEN: 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.
IMMO AL-WEGEN
Largest movements
- Tangible fixed assets -€78,004
down €78,004 (-5.0%), from €1.5m to €1.5m
of which Land and buildings: -€78,004
- Debts after one year -€81,830
down €81,830 (-5.9%), from €1.4m to €1.3m
- Current portion of long-term debt -€18,972
down €18,972 (-18.8%), from €100,802 to €81,830
- Gross operating margin +€60,870
up €60,870 (+78.3%), from €77,724 to €138,594
- Depreciation +€22,722
up €22,722 (+41.1%), from €55,281 to €78,004
- Financial charges +€8,956
up €8,956 (+35.6%), from €25,172 to €34,128
- Other operating charges +€2,249
up €2,249 (+23.8%), from €9,460 to €11,709
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.
Derived cash bridge
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 | €1,586,202 | €1,497,490 | -€88,712 | -5.6% |
| Fixed assets | 21/28 | €1,545,294 | €1,467,291 | -€78,004 | -5.0% |
| Tangible fixed assets | 22/27 | €1,545,294 | €1,467,291 | -€78,004 | -5.0% |
| Land and buildings | 22 | €1,545,294 | €1,467,291 | -€78,004 | -5.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €40,907 | €30,199 | -€10,708 | -26.2% |
| Amounts receivable within one year | 40/41 | €12,789 | €13,297 | +€509 | +4.0% |
| Trade receivables | 40 | €12,708 | €13,082 | +€373 | +2.9% |
| Other amounts receivable | 41 | €80 | €216 | +€135 | +169% |
| Cash at bank and in hand | 54/58 | €27,914 | €16,703 | -€11,211 | -40.2% |
| Deferred charges and accrued income | 490/1 | €205 | €199 | -€6 | -2.7% |
| Total equity and liabilities | 10/49 | €1,586,202 | €1,497,490 | -€88,712 | -5.6% |
| Equity | 10/15 | €42,012 | €56,766 | +€14,754 | +35.1% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €35,807 | €50,560 | +€14,754 | +41.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €33,947 | €48,701 | +€14,754 | +43.5% |
| Amounts payable | 17/49 | €1,544,190 | €1,440,724 | -€103,466 | -6.7% |
| Amounts payable after more than one year | 17 | €1,378,688 | €1,296,857 | -€81,830 | -5.9% |
| Financial debts | 170/4 | €1,378,688 | €1,296,857 | -€81,830 | -5.9% |
| Amounts payable within one year | 42/48 | €134,596 | €120,966 | -€13,631 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €100,802 | €81,830 | -€18,972 | -18.8% |
| Trade debts | 44 | €1,317 | €1,408 | +€91 | +6.9% |
| Suppliers | 440/4 | €1,317 | €1,408 | +€91 | +6.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €32,477 | €37,727 | +€5,250 | +16.2% |
| Accrued charges and deferred income | 492/3 | €30,906 | €22,902 | -€8,005 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,281 | €78,004 | +€22,722 | +41.1% |
| Other operating charges | 640/8 | €9,460 | €11,709 | +€2,249 | +23.8% |
| Gross operating margin | 9900 | €77,724 | €138,594 | +€60,870 | +78.3% |
| Operating profit (loss) | 9901 | €12,982 | €48,882 | +€35,899 | +277% |
| Financial charges | 65/66B | €25,172 | €34,128 | +€8,956 | +35.6% |
| Recurring financial charges | 65 | €25,172 | €34,128 | +€8,956 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,189 | €14,754 | +€26,943 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€12,189 | €14,754 | +€26,943 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,189 | €14,754 | +€26,943 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.