IMMO WASH: what changed
Two fiscal 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 WASH
Largest movements
- Tangible fixed assets -€44,852
down €44,852 (-9.6%), from €465,692 to €420,839
- Receivables within one year +€41,474
up €41,474 (+60.2%), from €68,885 to €110,358
of which Trade receivables: +€29,164
- Cash +€7,719
up €7,719 (+54.8%), from €14,078 to €21,797
mainly Current portion of long-term debt (+€38,692) and Debts after one year (+€28,680)
- Profit (loss) carried forward -€43,417
down €43,417 (-49.1%), from -€88,471 to -€131,888
- Current portion of long-term debt +€38,692
new in 2025: €38,692
- Debts after one year +€28,680
up €28,680 (+6.2%), from €463,494 to €492,174
- Trade debts -€27,060
down €27,060 (-19.2%), from €140,995 to €113,935
- Gross operating margin -€5,537
down €5,537 (-246.1%), from -€2,250 to -€7,787
- Depreciation +€2,920
up €2,920 (+12.8%), from €22,780 to €25,700
- Financial charges +€1,691
up €1,691 (+22.9%), from €7,376 to €9,067
- Other operating charges +€639
up €639 (+286.6%), from €223 to €863
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.
Cash bridge derived
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 | €548,655 | €552,995 | +€4,340 | +0.8% |
| Fixed assets | 21/28 | €465,692 | €420,839 | -€44,852 | -9.6% |
| Tangible fixed assets | 22/27 | €465,692 | €420,839 | -€44,852 | -9.6% |
| Assets under construction and advance payments | 27 | €465,692 | €420,839 | -€44,852 | -9.6% |
| Current assets | 29/58 | €82,963 | €132,156 | +€49,193 | +59.3% |
| Amounts receivable within one year | 40/41 | €68,885 | €110,358 | +€41,474 | +60.2% |
| Trade receivables | 40 | €60,200 | €89,364 | +€29,164 | +48.4% |
| Other amounts receivable | 41 | €8,685 | €20,994 | +€12,309 | +141.7% |
| Cash at bank and in hand | 54/58 | €14,078 | €21,797 | +€7,719 | +54.8% |
| Total equity and liabilities | 10/49 | €548,655 | €552,995 | +€4,340 | +0.8% |
| Equity | 10/15 | -€86,471 | -€129,888 | -€43,417 | -50.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,471 | -€131,888 | -€43,417 | -49.1% |
| Amounts payable | 17/49 | €635,126 | €682,883 | +€47,757 | +7.5% |
| Amounts payable after more than one year | 17 | €463,494 | €492,174 | +€28,680 | +6.2% |
| Financial debts | 170/4 | €463,494 | €492,174 | +€28,680 | +6.2% |
| Amounts payable within one year | 42/48 | €171,632 | €186,835 | +€15,203 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | - | €38,692 | +€38,692 | |
| Trade debts | 44 | €140,995 | €113,935 | -€27,060 | -19.2% |
| Suppliers | 440/4 | €140,995 | €113,935 | -€27,060 | -19.2% |
| Other amounts payable | 47/48 | €30,637 | €34,207 | +€3,571 | +11.7% |
| Accrued charges and deferred income | 492/3 | - | €3,874 | +€3,874 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,780 | €25,700 | +€2,920 | +12.8% |
| Other operating charges | 640/8 | €223 | €863 | +€639 | +286.6% |
| Gross operating margin | 9900 | -€2,250 | -€7,787 | -€5,537 | -246.1% |
| Operating profit (loss) | 9901 | -€25,253 | -€34,350 | -€9,096 | -36.0% |
| Financial charges | 65/66B | €7,376 | €9,067 | +€1,691 | +22.9% |
| Recurring financial charges | 65 | €7,376 | €9,067 | +€1,691 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,629 | -€43,417 | -€10,787 | -33.1% |
| Profit (loss) for the period | 9904 | -€32,629 | -€43,417 | -€10,787 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,629 | -€43,417 | -€10,787 | -33.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.