Immo Wicher: 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 Wicher
Largest movements
- Tangible fixed assets +€549,333
up €549,333 (+524%), from €104,821 to €654,153
of which Land and buildings: +€548,598
- Receivables within one year +€7,097
up €7,097 (+235%), from €3,017 to €10,114
of which Other amounts receivable: +€7,169
- Debts after one year +€577,308
new in 2025: €577,308
- Profit (loss) carried forward -€56,165
down €56,165 (-130%), from -€43,330 to -€99,495
- Current portion of long-term debt +€22,692
new in 2025: €22,692
- Trade debts +€14,799
up €14,799 (+5,213%), from €284 to €15,083
- Financial charges +€17,526
up €17,526 (+2,315%), from €757 to €18,283
- Depreciation +€15,281
up €15,281 (+5,245%), from €291 to €15,573
- Gross operating margin -€8,105
down €8,105 (-57.8%), from -€14,024 to -€22,130
- Other operating charges -€893
down €893 (-83.2%), from €1,073 to €180
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 | €109,076 | €669,691 | +€560,615 | +514% |
| Fixed assets | 21/28 | €104,821 | €654,153 | +€549,333 | +524% |
| Tangible fixed assets | 22/27 | €104,821 | €654,153 | +€549,333 | +524% |
| Land and buildings | 22 | €104,821 | €653,419 | +€548,598 | +523% |
| Plant, machinery and equipment | 23 | - | €734 | +€734 | |
| Current assets | 29/58 | €4,255 | €15,538 | +€11,283 | +265% |
| Amounts receivable within one year | 40/41 | €3,017 | €10,114 | +€7,097 | +235% |
| Trade receivables | 40 | €72 | - | -€72 | |
| Other amounts receivable | 41 | €2,945 | €10,114 | +€7,169 | +243% |
| Cash at bank and in hand | 54/58 | €1,075 | €4,960 | +€3,886 | +362% |
| Deferred charges and accrued income | 490/1 | €164 | €464 | +€300 | +183% |
| Total equity and liabilities | 10/49 | €109,076 | €669,691 | +€560,615 | +514% |
| Equity | 10/15 | €6,670 | -€49,495 | -€56,165 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,330 | -€99,495 | -€56,165 | -130% |
| Amounts payable | 17/49 | €102,406 | €719,186 | +€616,780 | +602% |
| Amounts payable after more than one year | 17 | - | €577,308 | +€577,308 | |
| Financial debts | 170/4 | - | €577,308 | +€577,308 | |
| Amounts payable within one year | 42/48 | €102,406 | €141,878 | +€39,473 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | - | €22,692 | +€22,692 | |
| Trade debts | 44 | €284 | €15,083 | +€14,799 | +5,213% |
| Suppliers | 440/4 | €284 | €15,083 | +€14,799 | +5,213% |
| Other amounts payable | 47/48 | €102,122 | €104,103 | +€1,981 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291 | €15,573 | +€15,281 | +5,245% |
| Other operating charges | 640/8 | €1,073 | €180 | -€893 | -83.2% |
| Gross operating margin | 9900 | -€14,024 | -€22,130 | -€8,105 | -57.8% |
| Operating profit (loss) | 9901 | -€15,388 | -€37,882 | -€22,494 | -146% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €757 | €18,283 | +€17,526 | +2,315% |
| Recurring financial charges | 65 | €757 | €18,283 | +€17,526 | +2,315% |
| Profit (loss) for the period before taxes | 9903 | -€16,145 | -€56,165 | -€40,019 | -248% |
| Profit (loss) for the period | 9904 | -€16,145 | -€56,165 | -€40,019 | -248% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,145 | -€56,165 | -€40,019 | -248% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.