IMMO WAUTERS: what changed
What changed
IMMO WAUTERS
filed annual accounts (NBB)
Net result for the year
€77,880
2024 · €114,506-€36,626
Equity
€579,524
2024 · €501,644+€77,880
Cash
€45,252
2024 · €52,240-€6,988
Balance sheet total
€2.1m
2024 · €2.3m-€183,208
Largest movements
Assets
- Tangible fixed assets -€178,951
down €178,951 (-8.1%), from €2.2m to €2.0m
Equity and liabilities
- Other debts -€192,799
down €192,799 (-78.5%), from €245,594 to €52,795
- Debts after one year -€85,373
down €85,373 (-6.1%), from €1.4m to €1.3m
- Profit (loss) carried forward +€77,880
up €77,880 (+30.6%), from €254,574 to €332,454
Income statement
- Gross operating margin -€58,511
down €58,511 (-13.4%), from €436,097 to €377,586
- Financial charges -€13,644
down €13,644 (-16.0%), from €85,126 to €71,482
- Taxes -€12,209
down €12,209 (-32.0%), from €38,169 to €25,960
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
€114,506
Gross operating margin
-€58,511
Other operating charges
-€884
Financial income
-€3,084
Financial charges
+€13,644
Taxes
+€12,209
Result 2025
€77,880
raises the resultlowers the result
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
+€74,600
Investment
€0
Financing
-€81,589
Cash 2024
€52,240
From operations (derived)
+€74,600
Net result for the year
+€77,880
Depreciation
+€178,951
Receivables within one year
-€2,730
Deferred charges and accrued income
-€2
Trade debts
+€21,295
Tax, wage and social debts
+€716
Advances received
+€1,261
Other debts
-€192,799
Accrued charges and deferred income
-€9,972
Financing
-€81,589
Debts after one year
-€85,373
Current portion of long-term debt
+€3,784
Cash 2025
€45,252
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,286,243 | €2,103,035 | -€183,208 | -8.0% |
| Fixed assets | 21/28 | €2,217,459 | €2,038,508 | -€178,951 | -8.1% |
| Tangible fixed assets | 22/27 | €2,217,459 | €2,038,508 | -€178,951 | -8.1% |
| Land and buildings | 22 | €2,217,459 | €2,038,508 | -€178,951 | -8.1% |
| Current assets | 29/58 | €68,783 | €64,527 | -€4,256 | -6.2% |
| Amounts receivable within one year | 40/41 | €16,543 | €19,274 | +€2,730 | +16.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €16,543 | €19,274 | +€2,730 | +16.5% |
| Cash at bank and in hand | 54/58 | €52,240 | €45,252 | -€6,988 | -13.4% |
| Deferred charges and accrued income | 490/1 | €0 | €2 | +€2 | |
| Total equity and liabilities | 10/49 | €2,286,243 | €2,103,035 | -€183,208 | -8.0% |
| Equity | 10/15 | €501,644 | €579,524 | +€77,880 | +15.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €47,070 | €47,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €27,070 | €27,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €254,574 | €332,454 | +€77,880 | +30.6% |
| Amounts payable | 17/49 | €1,784,598 | €1,523,511 | -€261,087 | -14.6% |
| Amounts payable after more than one year | 17 | €1,403,045 | €1,317,673 | -€85,373 | -6.1% |
| Financial debts | 170/4 | €1,403,045 | €1,317,673 | -€85,373 | -6.1% |
| Amounts payable within one year | 42/48 | €366,250 | €200,507 | -€165,743 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €81,589 | €85,373 | +€3,784 | +4.6% |
| Trade debts | 44 | €0 | €21,295 | +€21,295 | |
| Suppliers | 440/4 | €0 | €21,295 | +€21,295 | |
| Advances received on contracts in progress | 46 | €38,824 | €40,084 | +€1,261 | +3.2% |
| Taxes, remuneration and social security | 45 | €244 | €960 | +€716 | +294% |
| Taxes | 450/3 | €244 | €960 | +€716 | +294% |
| Other amounts payable | 47/48 | €245,594 | €52,795 | -€192,799 | -78.5% |
| Accrued charges and deferred income | 492/3 | €15,303 | €5,331 | -€9,972 | -65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,951 | €178,951 | = | 0.0% |
| Other operating charges | 640/8 | €22,430 | €23,314 | +€884 | +3.9% |
| Gross operating margin | 9900 | €436,097 | €377,586 | -€58,511 | -13.4% |
| Operating profit (loss) | 9901 | €234,716 | €175,321 | -€59,395 | -25.3% |
| Financial income | 75/76B | €3,084 | €0 | -€3,084 | -100.0% |
| Recurring financial income | 75 | €3,084 | €0 | -€3,084 | -100.0% |
| Financial charges | 65/66B | €85,126 | €71,482 | -€13,644 | -16.0% |
| Recurring financial charges | 65 | €85,126 | €71,482 | -€13,644 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €152,674 | €103,839 | -€48,835 | -32.0% |
| Income taxes | 67/77 | €38,169 | €25,960 | -€12,209 | -32.0% |
| Profit (loss) for the period | 9904 | €114,506 | €77,880 | -€36,626 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €114,506 | €77,880 | -€36,626 | -32.0% |
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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 2 November 2026 via checked.be.