Immo Warenieuw: what changed
Immo Warenieuw
Largest movements
- Cash -€14,083
down €14,083 (-90.7%), from €15,527 to €1,444
mainly Other debts (-€32,549) and Debts after one year (-€26,830)
- Tangible fixed assets -€12,765
down €12,765 (-2.9%), from €434,810 to €422,045
- Other debts -€32,549
down €32,549 (-66.8%), from €48,744 to €16,195
- Profit (loss) carried forward +€32,241
up €32,241, from -€14,226 to €18,016
- Debts after one year -€26,830
down €26,830 (-12.6%), from €213,521 to €186,691
- Gross operating margin +€5,734
up €5,734 (+12.4%), from €46,230 to €51,964
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 | €451,579 | €424,731 | -€26,848 | -5.9% |
| Fixed assets | 21/28 | €435,866 | €423,101 | -€12,765 | -2.9% |
| Tangible fixed assets | 22/27 | €434,810 | €422,045 | -€12,765 | -2.9% |
| Land and buildings | 22 | €434,810 | €422,045 | -€12,765 | -2.9% |
| Financial fixed assets | 28 | €1,056 | €1,056 | = | 0.0% |
| Current assets | 29/58 | €15,714 | €1,631 | -€14,083 | -89.6% |
| Cash at bank and in hand | 54/58 | €15,527 | €1,444 | -€14,083 | -90.7% |
| Deferred charges and accrued income | 490/1 | €187 | €187 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €451,579 | €424,731 | -€26,848 | -5.9% |
| Equity | 10/15 | €162,774 | €195,016 | +€32,241 | +19.8% |
| Contributions | 10/11 | €177,000 | €177,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,226 | €18,016 | +€32,241 | |
| Amounts payable | 17/49 | €288,805 | €229,716 | -€59,089 | -20.5% |
| Amounts payable after more than one year | 17 | €213,521 | €186,691 | -€26,830 | -12.6% |
| Financial debts | 170/4 | €213,521 | €186,691 | -€26,830 | -12.6% |
| Amounts payable within one year | 42/48 | €75,158 | €43,025 | -€32,133 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €26,351 | €26,830 | +€480 | +1.8% |
| Trade debts | 44 | €64 | €0 | -€64 | -100% |
| Suppliers | 440/4 | €64 | €0 | -€64 | -100% |
| Other amounts payable | 47/48 | €48,744 | €16,195 | -€32,549 | -66.8% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,765 | €12,765 | = | 0.0% |
| Other operating charges | 640/8 | €2,717 | €2,801 | +€84 | +3.1% |
| Gross operating margin | 9900 | €46,230 | €51,964 | +€5,734 | +12.4% |
| Operating profit (loss) | 9901 | €30,747 | €36,398 | +€5,650 | +18.4% |
| Financial charges | 65/66B | €4,639 | €4,156 | -€482 | -10.4% |
| Recurring financial charges | 65 | €4,639 | €4,156 | -€482 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €26,109 | €32,241 | +€6,133 | +23.5% |
| Profit (loss) for the period | 9904 | €26,109 | €32,241 | +€6,133 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,109 | €32,241 | +€6,133 | +23.5% |
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 2 November 2026 via checked.be.