IMMO-WILLEMOT: what changed
What changed
IMMO-WILLEMOT
NACE 46.500, Wholesale of information and communication equipment
filed annual accounts (NBB)
Net result for the year
-€29,414
2024 · -€23,457-€5,957
Equity
-€12,169
2024 · €17,245-€29,414
Cash
€1,066
2024 · €1,944-€878
Balance sheet total
€200,460
2024 · €230,560-€30,100
Largest movements
Assets
- Receivables within one year -€16,009
no longer reported in 2025 (was €16,009)
of which Other amounts receivable: -€8,158
- Financial fixed assets -€15,202
no longer reported in 2025 (was €15,202)
Equity and liabilities
- Reserves -€30,177
down €30,177 (-85.3%), from €35,391 to €5,213
of which Distributable reserves: -€30,177
- Other debts +€24,214
up €24,214 (+13.0%), from €186,512 to €210,726
- Trade debts -€23,110
down €23,110 (-99.7%), from €23,171 to €60
- Tax, wage and social debts -€3,538
down €3,538 (-97.4%), from €3,630 to €93
Income statement
- Financial charges +€22,904
up €22,904 (+10,286%), from €223 to €23,127
of which Financial charges: +€22,904
- Gross operating margin +€19,261
up €19,261, from -€11,959 to €7,301
- Depreciation +€5,922
up €5,922 (+99.3%), from €5,963 to €11,885
- Other operating charges +€142
up €142 (+10.5%), from €1,353 to €1,495
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
-€23,457
Gross operating margin
+€19,261
Depreciation
-€5,922
Other operating charges
-€142
Other operating items
+€3,750
Financial charges
-€22,904
Result 2025
-€29,414
raises the resultlowers the resultnot broken down further in the accounts
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
-€3,957
Investment
+€3,081
Financing
-€2
Cash 2024
€1,944
From operations (derived)
-€3,957
Net result for the year
-€29,414
Depreciation
+€11,885
Receivables within one year
+€16,009
Deferred charges and accrued income
-€1,752
Trade debts
-€23,110
Tax, wage and social debts
-€3,538
Other debts
+€24,214
Accrued charges and deferred income
+€1,750
Investment (derived)
+€3,081
Investment in fixed assets (net)
+€3,081
Financing
-€2
Short-term financial debts
-€2
Cash 2025
€1,066
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,560 | €200,460 | -€30,100 | -13.1% |
| Fixed assets | 21/28 | €212,607 | €197,642 | -€14,965 | -7.0% |
| Tangible fixed assets | 22/27 | €197,406 | €197,642 | +€237 | +0.1% |
| Land and buildings | 22 | €194,667 | €195,754 | +€1,087 | +0.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,738 | €1,888 | -€850 | -31.0% |
| Financial fixed assets | 28 | €15,202 | - | -€15,202 | |
| Current assets | 29/58 | €17,953 | €2,818 | -€15,135 | -84.3% |
| Amounts receivable within one year | 40/41 | €16,009 | - | -€16,009 | |
| Trade receivables | 40 | €7,851 | - | -€7,851 | |
| Other amounts receivable | 41 | €8,158 | - | -€8,158 | |
| Cash at bank and in hand | 54/58 | €1,944 | €1,066 | -€878 | -45.2% |
| Deferred charges and accrued income | 490/1 | - | €1,752 | +€1,752 | |
| Total equity and liabilities | 10/49 | €230,560 | €200,460 | -€30,100 | -13.1% |
| Equity | 10/15 | €17,245 | -€12,169 | -€29,414 | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €35,391 | €5,213 | -€30,177 | -85.3% |
| Non-distributable reserves | 130/1 | €5,213 | €5,213 | = | 0.0% |
| Legal reserve | 130 | €5,213 | €5,213 | = | 0.0% |
| Distributable reserves | 133 | €30,177 | - | -€30,177 | |
| Profit (loss) carried forward | 14 | -€80,119 | -€79,355 | +€763 | +1.0% |
| Amounts payable | 17/49 | €213,315 | €212,629 | -€687 | -0.3% |
| Amounts payable within one year | 42/48 | €213,315 | €210,879 | -€2,437 | -1.1% |
| Financial debts | 43 | €2 | - | -€2 | |
| Credit institutions | 430/8 | €2 | - | -€2 | |
| Trade debts | 44 | €23,171 | €60 | -€23,110 | -99.7% |
| Suppliers | 440/4 | €23,171 | €60 | -€23,110 | -99.7% |
| Taxes, remuneration and social security | 45 | €3,630 | €93 | -€3,538 | -97.4% |
| Taxes | 450/3 | €3,630 | €93 | -€3,538 | -97.4% |
| Other amounts payable | 47/48 | €186,512 | €210,726 | +€24,214 | +13.0% |
| Accrued charges and deferred income | 492/3 | - | €1,750 | +€1,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,963 | €11,885 | +€5,922 | +99.3% |
| Other operating charges | 640/8 | €1,353 | €1,495 | +€142 | +10.5% |
| Non-recurring operating charges | 66A | €3,959 | €209 | -€3,750 | -94.7% |
| Gross operating margin | 9900 | -€11,959 | €7,301 | +€19,261 | |
| Operating profit (loss) | 9901 | -€23,234 | -€6,287 | +€16,947 | +72.9% |
| Financial charges | 65/66B | €223 | €23,127 | +€22,904 | +10,286% |
| Recurring financial charges | 65 | €223 | €23,127 | +€22,904 | +10,286% |
| Non-recurring financial charges | 66B | €223 | - | -€223 | |
| Profit (loss) for the period before taxes | 9903 | -€23,457 | -€29,414 | -€5,957 | -25.4% |
| Profit (loss) for the period | 9904 | -€23,457 | -€29,414 | -€5,957 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,457 | -€29,414 | -€5,957 | -25.4% |
Next steps
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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 5 November 2026 via checked.be.