IMMO WBWW: 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 WBWW
Largest movements
- Tangible fixed assets +€146,003
up €146,003 (+11.7%), from €1.3m to €1.4m
of which Land and buildings: +€145,790
- Debts after one year +€132,513
up €132,513 (+12.4%), from €1.1m to €1.2m
- Current portion of long-term debt +€59,604
new in 2025: €59,604
- Profit (loss) carried forward -€45,745
down €45,745 (-85.7%), from -€53,357 to -€99,103
- Trade debts +€22,576
up €22,576 (+545%), from €4,145 to €26,721
of which Suppliers: +€22,990
- Gross operating margin +€83,167
up €83,167, from -€26,051 to €57,117
- Financial charges +€34,644
up €34,644 (+122%), from €28,291 to €62,935
- Depreciation +€32,468
up €32,468 (+431%), from €7,525 to €39,993
- Financial income -€8,639
down €8,639 (-89.2%), from €9,684 to €1,045
- Other operating charges -€1,087
down €1,087 (-92.5%), from €1,175 to €88
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 | €1,266,343 | €1,427,646 | +€161,302 | +12.7% |
| Fixed assets | 21/28 | €1,253,069 | €1,399,072 | +€146,003 | +11.7% |
| Tangible fixed assets | 22/27 | €1,253,069 | €1,399,072 | +€146,003 | +11.7% |
| Land and buildings | 22 | €1,245,616 | €1,391,407 | +€145,790 | +11.7% |
| Plant, machinery and equipment | 23 | €7,453 | €7,665 | +€212 | +2.8% |
| Current assets | 29/58 | €13,274 | €28,574 | +€15,300 | +115% |
| Amounts receivable within one year | 40/41 | €1,810 | €14,340 | +€12,530 | +692% |
| Trade receivables | 40 | €1,450 | €14,340 | +€12,890 | +889% |
| Other amounts receivable | 41 | €360 | - | -€360 | |
| Cash at bank and in hand | 54/58 | €11,405 | €12,500 | +€1,096 | +9.6% |
| Deferred charges and accrued income | 490/1 | €60 | €1,734 | +€1,674 | +2,791% |
| Total equity and liabilities | 10/49 | €1,266,343 | €1,427,646 | +€161,302 | +12.7% |
| Equity | 10/15 | €81,643 | €35,897 | -€45,745 | -56.0% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,357 | -€99,103 | -€45,745 | -85.7% |
| Amounts payable | 17/49 | €1,184,701 | €1,391,749 | +€207,048 | +17.5% |
| Amounts payable after more than one year | 17 | €1,069,604 | €1,202,117 | +€132,513 | +12.4% |
| Financial debts | 170/4 | €1,069,604 | €1,202,117 | +€132,513 | +12.4% |
| Amounts payable within one year | 42/48 | €111,788 | €186,831 | +€75,042 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | - | €59,604 | +€59,604 | |
| Trade debts | 44 | €4,145 | €26,721 | +€22,576 | +545% |
| Suppliers | 440/4 | €3,731 | €26,721 | +€22,990 | +616% |
| Bills of exchange payable | 441 | €414 | - | -€414 | |
| Taxes, remuneration and social security | 45 | €1,560 | €2,652 | +€1,092 | +70.0% |
| Taxes | 450/3 | €1,560 | €2,652 | +€1,092 | +70.0% |
| Other amounts payable | 47/48 | €106,083 | €97,853 | -€8,230 | -7.8% |
| Accrued charges and deferred income | 492/3 | €3,308 | €2,801 | -€508 | -15.3% |
| Remuneration, social security and pensions | 62 | - | €892 | +€892 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,525 | €39,993 | +€32,468 | +431% |
| Other operating charges | 640/8 | €1,175 | €88 | -€1,087 | -92.5% |
| Gross operating margin | 9900 | -€26,051 | €57,117 | +€83,167 | |
| Operating profit (loss) | 9901 | -€34,750 | €16,144 | +€50,895 | |
| Financial income | 75/76B | €9,684 | €1,045 | -€8,639 | -89.2% |
| Recurring financial income | 75 | €9,684 | €1,045 | -€8,639 | -89.2% |
| Financial charges | 65/66B | €28,291 | €62,935 | +€34,644 | +122% |
| Recurring financial charges | 65 | €28,291 | €62,935 | +€34,644 | +122% |
| Profit (loss) for the period before taxes | 9903 | -€53,357 | -€45,745 | +€7,612 | +14.3% |
| Profit (loss) for the period | 9904 | -€53,357 | -€45,745 | +€7,612 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,357 | -€45,745 | +€7,612 | +14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.