IMMO WIVANO: 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 WIVANO
Largest movements
- Receivables within one year +€105,327
up €105,327 (+14.1%), from €747,765 to €853,092
- Tangible fixed assets -€12,360
down €12,360 (-4.8%), from €258,649 to €246,289
- Profit (loss) carried forward +€67,631
up €67,631 (+702%), from €9,635 to €77,266
- Tax, wage and social debts +€16,000
new in 2025: €16,000
- Other debts +€14,612
up €14,612 (+5.3%), from €273,880 to €288,493
- Taxes +€16,000
new in 2025: €16,000
- Gross operating margin +€1,478
up €1,478 (+1.2%), from €123,022 to €124,501
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 | €1,007,737 | €1,101,206 | +€93,468 | +9.3% |
| Fixed assets | 21/28 | €258,649 | €246,289 | -€12,360 | -4.8% |
| Tangible fixed assets | 22/27 | €258,649 | €246,289 | -€12,360 | -4.8% |
| Land and buildings | 22 | €258,649 | €246,289 | -€12,360 | -4.8% |
| Current assets | 29/58 | €749,088 | €854,917 | +€105,829 | +14.1% |
| Amounts receivable within one year | 40/41 | €747,765 | €853,092 | +€105,327 | +14.1% |
| Trade receivables | 40 | €747,765 | €853,092 | +€105,327 | +14.1% |
| Cash at bank and in hand | 54/58 | €1,323 | €1,825 | +€502 | +37.9% |
| Total equity and liabilities | 10/49 | €1,007,737 | €1,101,206 | +€93,468 | +9.3% |
| Equity | 10/15 | €596,892 | €668,084 | +€71,191 | +11.9% |
| Contributions | 10/11 | €572,593 | €572,593 | = | 0.0% |
| Capital | 10 | €572,593 | €572,593 | = | 0.0% |
| Issued capital | 100 | €572,593 | €572,593 | = | 0.0% |
| Reserves | 13 | €14,664 | €18,225 | +€3,561 | +24.3% |
| Non-distributable reserves | 130/1 | €14,664 | €18,225 | +€3,561 | +24.3% |
| Legal reserve | 130 | €14,664 | €18,225 | +€3,561 | +24.3% |
| Profit (loss) carried forward | 14 | €9,635 | €77,266 | +€67,631 | +702% |
| Amounts payable | 17/49 | €410,845 | €433,122 | +€22,277 | +5.4% |
| Amounts payable after more than one year | 17 | €31,468 | €22,501 | -€8,966 | -28.5% |
| Financial debts | 170/4 | €31,468 | €22,501 | -€8,966 | -28.5% |
| Amounts payable within one year | 42/48 | €379,377 | €410,621 | +€31,244 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €7,989 | €8,684 | +€695 | +8.7% |
| Trade debts | 44 | €97,508 | €97,444 | -€64 | -0.1% |
| Suppliers | 440/4 | €97,508 | €97,444 | -€64 | -0.1% |
| Taxes, remuneration and social security | 45 | - | €16,000 | +€16,000 | |
| Taxes | 450/3 | - | €16,000 | +€16,000 | |
| Other amounts payable | 47/48 | €273,880 | €288,493 | +€14,612 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,360 | €12,360 | = | 0.0% |
| Other operating charges | 640/8 | €19,267 | €20,470 | +€1,203 | +6.2% |
| Gross operating margin | 9900 | €123,022 | €124,501 | +€1,478 | +1.2% |
| Operating profit (loss) | 9901 | €91,396 | €91,671 | +€275 | +0.3% |
| Financial charges | 65/66B | €5,081 | €4,479 | -€601 | -11.8% |
| Recurring financial charges | 65 | €5,081 | €4,479 | -€601 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €86,315 | €87,191 | +€877 | +1.0% |
| Income taxes | 67/77 | - | €16,000 | +€16,000 | |
| Profit (loss) for the period | 9904 | €86,315 | €71,191 | -€15,123 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,315 | €71,191 | -€15,123 | -17.5% |
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 19 October 2026 via checked.be.