IMMO-WILLE: 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-WILLE
Largest movements
- Tangible fixed assets -€33,465
down €33,465 (-4.5%), from €742,159 to €708,694
of which Land and buildings: -€29,465
- Profit (loss) carried forward -€33,548
down €33,548 (-201.7%), from -€16,637 to -€50,185
- Debts after one year -€19,341
down €19,341 (-5.3%), from €366,220 to €346,879
- Other debts +€13,978
up €13,978 (+3.9%), from €355,315 to €369,292
- Gross operating margin +€9,720
up €9,720 (+48.9%), from €19,862 to €29,582
- Other operating charges +€2,906
up €2,906 (+50.0%), from €5,810 to €8,716
- Financial charges +€2,542
up €2,542 (+14.1%), from €17,991 to €20,533
- Depreciation +€1,715
up €1,715 (+5.4%), from €31,750 to €33,465
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 | €745,952 | €716,499 | -€29,454 | -3.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €742,159 | €708,694 | -€33,465 | -4.5% |
| Tangible fixed assets | 22/27 | €742,159 | €708,694 | -€33,465 | -4.5% |
| Land and buildings | 22 | €725,295 | €695,830 | -€29,465 | -4.1% |
| Furniture and vehicles | 24 | €16,863 | €12,863 | -€4,000 | -23.7% |
| Current assets | 29/58 | €3,794 | €7,805 | +€4,011 | +105.7% |
| Amounts receivable within one year | 40/41 | €1,771 | €1,491 | -€280 | -15.8% |
| Trade receivables | 40 | €1,771 | €1,491 | -€280 | -15.8% |
| Cash at bank and in hand | 54/58 | €0 | €3,150 | +€3,150 | |
| Deferred charges and accrued income | 490/1 | €2,023 | €3,165 | +€1,141 | +56.4% |
| Total equity and liabilities | 10/49 | €745,952 | €716,499 | -€29,454 | -3.9% |
| Equity | 10/15 | €3,823 | -€29,725 | -€33,548 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,637 | -€50,185 | -€33,548 | -201.7% |
| Amounts payable | 17/49 | €742,129 | €746,223 | +€4,094 | +0.6% |
| Amounts payable after more than one year | 17 | €366,220 | €346,879 | -€19,341 | -5.3% |
| Financial debts | 170/4 | €366,220 | €346,879 | -€19,341 | -5.3% |
| Amounts payable within one year | 42/48 | €375,285 | €395,853 | +€20,568 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €18,514 | €19,341 | +€827 | +4.5% |
| Financial debts | 43 | €1,028 | €0 | -€1,028 | -100.0% |
| Credit institutions | 430/8 | €1,028 | €0 | -€1,028 | -100.0% |
| Trade debts | 44 | €0 | €6,575 | +€6,575 | |
| Suppliers | 440/4 | €0 | €6,575 | +€6,575 | |
| Taxes, remuneration and social security | 45 | €428 | €645 | +€216 | +50.5% |
| Taxes | 450/3 | €428 | €645 | +€216 | +50.5% |
| Other amounts payable | 47/48 | €355,315 | €369,292 | +€13,978 | +3.9% |
| Accrued charges and deferred income | 492/3 | €625 | €3,492 | +€2,867 | +458.7% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,750 | €33,465 | +€1,715 | +5.4% |
| Other operating charges | 640/8 | €5,810 | €8,716 | +€2,906 | +50.0% |
| Gross operating margin | 9900 | €19,862 | €29,582 | +€9,720 | +48.9% |
| Operating profit (loss) | 9901 | -€17,698 | -€12,599 | +€5,099 | +28.8% |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €17,991 | €20,533 | +€2,542 | +14.1% |
| Recurring financial charges | 65 | €17,991 | €20,533 | +€2,542 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€35,657 | -€33,132 | +€2,525 | +7.1% |
| Income taxes | 67/77 | €229 | €415 | +€186 | +81.3% |
| Profit (loss) for the period | 9904 | -€35,886 | -€33,548 | +€2,338 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,886 | -€33,548 | +€2,338 | +6.5% |
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 9 October 2026 via checked.be.