Immo WK: what changed
Two fiscal 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 WK
Largest movements
- Current investments -€470,000
down €470,000 (-100.0%), from €470,000 to €0
- Cash +€326,923
up €326,923 (+121.5%), from €269,113 to €596,036
mainly Current investments (+€470,000) and Depreciation (+€84,000)
- Receivables within one year +€106,893
up €106,893 (+1252.7%), from €8,533 to €115,425
- Tangible fixed assets -€84,000
down €84,000 (-5.6%), from €1.5m to €1.4m
- Reserves -€156,116
down €156,116 (-38.9%), from €400,951 to €244,835
- Other debts +€56,346
new in 2025: €56,346
- Financial income -€11,865
down €11,865 (-72.5%), from €16,366 to €4,501
- Gross operating margin +€6,018
up €6,018 (+3.2%), from €189,576 to €195,595
- Taxes +€2,668
up €2,668 (+7.9%), from €33,875 to €36,543
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 | €2,238,271 | €2,118,087 | -€120,184 | -5.4% |
| Fixed assets | 21/28 | €1,490,625 | €1,406,625 | -€84,000 | -5.6% |
| Tangible fixed assets | 22/27 | €1,490,625 | €1,406,625 | -€84,000 | -5.6% |
| Land and buildings | 22 | €1,490,625 | €1,406,625 | -€84,000 | -5.6% |
| Current assets | 29/58 | €747,646 | €711,462 | -€36,184 | -4.8% |
| Amounts receivable within one year | 40/41 | €8,533 | €115,425 | +€106,893 | +1252.7% |
| Other amounts receivable | 41 | €8,533 | €115,425 | +€106,893 | +1252.7% |
| Current investments | 50/53 | €470,000 | €0 | -€470,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €269,113 | €596,036 | +€326,923 | +121.5% |
| Total equity and liabilities | 10/49 | €2,238,271 | €2,118,087 | -€120,184 | -5.4% |
| Equity | 10/15 | €2,205,951 | €2,049,835 | -€156,116 | -7.1% |
| Contributions | 10/11 | €1,805,000 | €1,805,000 | = | 0.0% |
| Reserves | 13 | €400,951 | €244,835 | -€156,116 | -38.9% |
| Distributable reserves | 133 | €400,951 | €244,835 | -€156,116 | -38.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,320 | €68,252 | +€35,932 | +111.2% |
| Amounts payable within one year | 42/48 | €32,320 | €68,252 | +€35,932 | +111.2% |
| Trade debts | 44 | €0 | €1,016 | +€1,016 | |
| Suppliers | 440/4 | €0 | €1,016 | +€1,016 | |
| Taxes, remuneration and social security | 45 | €32,320 | €10,890 | -€21,430 | -66.3% |
| Taxes | 450/3 | €32,320 | €10,890 | -€21,430 | -66.3% |
| Other amounts payable | 47/48 | - | €56,346 | +€56,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,000 | €84,000 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,149 | €1,184 | +€35 | +3.0% |
| Gross operating margin | 9900 | €189,576 | €195,595 | +€6,018 | +3.2% |
| Operating profit (loss) | 9901 | €104,427 | €110,410 | +€5,983 | +5.7% |
| Financial income | 75/76B | €16,366 | €4,501 | -€11,865 | -72.5% |
| Recurring financial income | 75 | €16,366 | €4,501 | -€11,865 | -72.5% |
| Financial charges | 65/66B | €44 | €62 | +€19 | +43.6% |
| Recurring financial charges | 65 | €44 | €62 | +€19 | +43.6% |
| Profit (loss) for the period before taxes | 9903 | €120,749 | €114,849 | -€5,901 | -4.9% |
| Income taxes | 67/77 | €33,875 | €36,543 | +€2,668 | +7.9% |
| Profit (loss) for the period | 9904 | €86,874 | €78,306 | -€8,569 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,874 | €78,306 | -€8,569 | -9.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.