IMMO STEVENY WEX: what changed
What changed
IMMO STEVENY WEX
filed annual accounts (NBB)
Net result for the year
€65,737
2024 · €26,284+€39,453
Equity
€2.3m
2024 · €3.2m-€934,263
Cash
€6,052
2024 · €2,946+€3,106
Balance sheet total
€6.1m
2024 · €3.3m+€2.7m
Largest movements
Assets
- Tangible fixed assets +€3.5m
up €3.5m (+185%), from €1.9m to €5.5m
- Receivables within one year -€828,358
down €828,358 (-58.1%), from €1.4m to €596,705
of which Other amounts receivable: -€825,608
Equity and liabilities
- Trade debts +€3.2m
new in 2025: €3.2m
- Contributions -€1.0m
down €1.0m (-91.9%), from €1.1m to €88,253
- Other debts +€405,000
new in 2025: €405,000
- Profit (loss) carried forward +€67,231
up €67,231 (+56.4%), from €119,251 to €186,482
Income statement
- Turnover +€182,028
new in 2025: €182,028
- Gross operating margin +€78,211
up €78,211 (+76.9%), from €101,709 to €179,920
- Other operating charges +€22,257
up €22,257 (+178%), from €12,531 to €34,788
- Taxes +€16,625
up €16,625 (+190%), from €8,761 to €25,387
- Purchases and services +€2,109
new in 2025: €2,109
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.
Result 2024
€26,284
Gross operating margin
+€78,211
Depreciation
-€369
Other operating charges
-€22,257
Financial charges
-€5
Taxes
-€16,625
Deferred taxes and other
+€498
Result 2025
€65,737
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4.6m
Investment
-€3.6m
Financing
-€1.0m
Cash 2024
€2,946
From operations (derived)
+€4.6m
Net result for the year
+€65,737
Depreciation
+€54,066
Receivables within one year
+€828,358
Smaller working-capital items
-€4,143
Trade debts
+€3.2m
Tax, wage and social debts
+€14,089
Other debts
+€405,000
Investment (derived)
-€3.6m
Investment in fixed assets (net)
-€3.6m
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€6,052
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,344,193 | €6,064,876 | +€2.7m | +81.4% |
| Fixed assets | 21/28 | €1,916,185 | €5,462,119 | +€3.5m | +185% |
| Tangible fixed assets | 22/27 | €1,916,185 | €5,462,119 | +€3.5m | +185% |
| Land and buildings | 22 | €1,916,185 | €5,462,119 | +€3.5m | +185% |
| Current assets | 29/58 | €1,428,008 | €602,757 | -€825,251 | -57.8% |
| Amounts receivable within one year | 40/41 | €1,425,063 | €596,705 | -€828,358 | -58.1% |
| Trade receivables | 40 | €8,250 | €5,500 | -€2,750 | -33.3% |
| Other amounts receivable | 41 | €1,416,813 | €591,205 | -€825,608 | -58.3% |
| Cash at bank and in hand | 54/58 | €2,946 | €6,052 | +€3,106 | +105% |
| Total equity and liabilities | 10/49 | €3,344,193 | €6,064,876 | +€2.7m | +81.4% |
| Equity | 10/15 | €3,220,006 | €2,285,743 | -€934,263 | -29.0% |
| Contributions | 10/11 | €1,088,253 | €88,253 | -€1.0m | -91.9% |
| Capital | 10 | €1,088,253 | €88,253 | -€1.0m | -91.9% |
| Issued capital | 100 | €1,088,253 | €88,253 | -€1.0m | -91.9% |
| Revaluation surpluses | 12 | €1,545,129 | €1,545,129 | = | 0.0% |
| Reserves | 13 | €467,373 | €465,879 | -€1,494 | -0.3% |
| Non-distributable reserves | 130/1 | €108,825 | €108,825 | = | 0.0% |
| Legal reserve | 130 | €108,825 | €108,825 | = | 0.0% |
| Tax-exempt reserves | 132 | €358,548 | €357,054 | -€1,494 | -0.4% |
| Profit (loss) carried forward | 14 | €119,251 | €186,482 | +€67,231 | +56.4% |
| Provisions and deferred taxes | 16 | €119,516 | €119,018 | -€498 | -0.4% |
| Deferred taxes | 168 | €119,516 | €119,018 | -€498 | -0.4% |
| Amounts payable | 17/49 | €4,671 | €3,660,115 | +€3.7m | +78,255% |
| Amounts payable within one year | 42/48 | €1,026 | €3,660,115 | +€3.7m | +356,668% |
| Trade debts | 44 | - | €3,240,000 | +€3.2m | |
| Suppliers | 440/4 | - | €3,240,000 | +€3.2m | |
| Taxes, remuneration and social security | 45 | €1,026 | €15,115 | +€14,089 | +1,373% |
| Taxes | 450/3 | €1,026 | €15,115 | +€14,089 | +1,373% |
| Other amounts payable | 47/48 | - | €405,000 | +€405,000 | |
| Accrued charges and deferred income | 492/3 | €3,645 | - | -€3,645 | |
| Turnover | 70 | - | €182,028 | +€182,028 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,109 | +€2,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,697 | €54,066 | +€369 | +0.7% |
| Other operating charges | 640/8 | €12,531 | €34,788 | +€22,257 | +178% |
| Gross operating margin | 9900 | €101,709 | €179,920 | +€78,211 | +76.9% |
| Operating profit (loss) | 9901 | €35,481 | €91,066 | +€55,585 | +157% |
| Financial charges | 65/66B | €435 | €440 | +€5 | +1.0% |
| Recurring financial charges | 65 | €435 | €440 | +€5 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €35,046 | €90,626 | +€55,580 | +159% |
| Transfer from deferred taxes | 780 | - | €498 | +€498 | |
| Income taxes | 67/77 | €8,761 | €25,387 | +€16,625 | +190% |
| Profit (loss) for the period | 9904 | €26,284 | €65,737 | +€39,453 | +150% |
| Transfer from tax-exempt reserves | 789 | - | €1,494 | +€1,494 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,284 | €67,231 | +€40,947 | +156% |
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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.