Immo Wijgaerts: 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 Wijgaerts
Largest movements
- Cash -€13,996
down €13,996 (-44.5%), from €31,471 to €17,475
mainly Investment in fixed assets (net) (-€27,093) and Net result for the year (-€8,361)
- Tangible fixed assets +€5,451
up €5,451 (+3.5%), from €156,395 to €161,846
of which Land and buildings: +€11,734
- Profit (loss) carried forward -€8,361
down €8,361 (-106%), from -€7,896 to -€16,257
- Gross operating margin +€2,932
up €2,932 (+21.4%), from €13,717 to €16,649
- Depreciation +€1,290
up €1,290 (+6.3%), from €20,352 to €21,642
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 | €188,170 | €179,805 | -€8,365 | -4.4% |
| Fixed assets | 21/28 | €156,395 | €161,846 | +€5,451 | +3.5% |
| Tangible fixed assets | 22/27 | €156,395 | €161,846 | +€5,451 | +3.5% |
| Land and buildings | 22 | €91,666 | €103,400 | +€11,734 | +12.8% |
| Plant, machinery and equipment | 23 | €64,730 | €58,446 | -€6,284 | -9.7% |
| Current assets | 29/58 | €31,775 | €17,959 | -€13,816 | -43.5% |
| Cash at bank and in hand | 54/58 | €31,471 | €17,475 | -€13,996 | -44.5% |
| Deferred charges and accrued income | 490/1 | €304 | €484 | +€180 | +59.4% |
| Total equity and liabilities | 10/49 | €188,170 | €179,805 | -€8,365 | -4.4% |
| Equity | 10/15 | €67,291 | €58,930 | -€8,361 | -12.4% |
| Contributions | 10/11 | €75,187 | €75,187 | = | 0.0% |
| Capital | 10 | €75,187 | - | -€75,187 | |
| Issued capital | 100 | €75,187 | - | -€75,187 | |
| Contributions outside capital | 11 | - | €75,187 | +€75,187 | |
| Other | 1109/19 | - | €75,187 | +€75,187 | |
| Profit (loss) carried forward | 14 | -€7,896 | -€16,257 | -€8,361 | -106% |
| Amounts payable | 17/49 | €120,879 | €120,875 | -€4 | 0.0% |
| Amounts payable within one year | 42/48 | €120,879 | €120,875 | -€4 | 0.0% |
| Other amounts payable | 47/48 | €120,879 | €120,875 | -€4 | 0.0% |
| Non-recurring operating income | 76A | €496 | €200 | -€296 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,352 | €21,642 | +€1,290 | +6.3% |
| Other operating charges | 640/8 | €2,918 | €3,008 | +€90 | +3.1% |
| Gross operating margin | 9900 | €13,717 | €16,649 | +€2,932 | +21.4% |
| Operating profit (loss) | 9901 | -€9,553 | -€8,001 | +€1,553 | +16.3% |
| Financial charges | 65/66B | €253 | €360 | +€106 | +42.0% |
| Recurring financial charges | 65 | €253 | €360 | +€106 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,807 | -€8,361 | +€1,446 | +14.7% |
| Profit (loss) for the period | 9904 | -€9,807 | -€8,361 | +€1,446 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,807 | -€8,361 | +€1,446 | +14.7% |
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 25 October 2026 via checked.be.