IMMO WOESTYN: 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 WOESTYN
Largest movements
- Cash +€398,186
up €398,186 (+85.4%), from €466,226 to €864,412
mainly Current investments (+€250,000) and Other debts (+€203,589)
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Tangible fixed assets -€21,953
down €21,953 (-2.6%), from €843,787 to €821,834
of which Land and buildings: -€32,612
- Other debts +€203,589
up €203,589 (+87.9%), from €231,739 to €435,328
- Reserves -€122,678
down €122,678 (-32.5%), from €377,468 to €254,790
of which Distributable reserves: -€122,678
- Tax, wage and social debts +€47,288
up €47,288 (+972%), from €4,866 to €52,154
of which Taxes: +€49,120
- Debts after one year -€41,051
down €41,051 (-9.6%), from €426,012 to €384,961
- Trade debts +€28,801
up €28,801 (+30.6%), from €94,013 to €122,814
- Gross operating margin +€79,082
up €79,082 (+31.8%), from €248,312 to €327,394
- Taxes +€17,369
up €17,369 (+45.5%), from €38,148 to €55,517
- Staff costs +€9,497
up €9,497 (+51.7%), from €18,374 to €27,871
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 | €1,720,909 | €1,835,603 | +€114,694 | +6.7% |
| Fixed assets | 21/28 | €843,787 | €821,834 | -€21,953 | -2.6% |
| Tangible fixed assets | 22/27 | €843,787 | €821,834 | -€21,953 | -2.6% |
| Land and buildings | 22 | €823,886 | €791,274 | -€32,612 | -4.0% |
| Plant, machinery and equipment | 23 | €16,014 | €27,606 | +€11,592 | +72.4% |
| Furniture and vehicles | 24 | €3,887 | €2,954 | -€933 | -24.0% |
| Current assets | 29/58 | €877,122 | €1,013,769 | +€136,647 | +15.6% |
| Amounts receivable within one year | 40/41 | €159,998 | €146,762 | -€13,236 | -8.3% |
| Trade receivables | 40 | €38,885 | €30,413 | -€8,472 | -21.8% |
| Other amounts receivable | 41 | €121,113 | €116,349 | -€4,764 | -3.9% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €466,226 | €864,412 | +€398,186 | +85.4% |
| Deferred charges and accrued income | 490/1 | €898 | €2,595 | +€1,697 | +189% |
| Total equity and liabilities | 10/49 | €1,720,909 | €1,835,603 | +€114,694 | +6.7% |
| Equity | 10/15 | €921,973 | €799,295 | -€122,678 | -13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €377,468 | €254,790 | -€122,678 | -32.5% |
| Tax-exempt reserves | 132 | €3,962 | €3,962 | = | 0.0% |
| Distributable reserves | 133 | €373,506 | €250,828 | -€122,678 | -32.8% |
| Profit (loss) carried forward | 14 | €525,905 | €525,905 | = | 0.0% |
| Amounts payable | 17/49 | €798,936 | €1,036,308 | +€237,372 | +29.7% |
| Amounts payable after more than one year | 17 | €426,012 | €384,961 | -€41,051 | -9.6% |
| Financial debts | 170/4 | €426,012 | €384,961 | -€41,051 | -9.6% |
| Amounts payable within one year | 42/48 | €372,924 | €651,347 | +€278,423 | +74.7% |
| Current portion of amounts payable after more than one year | 42 | €42,306 | €41,051 | -€1,255 | -3.0% |
| Trade debts | 44 | €94,013 | €122,814 | +€28,801 | +30.6% |
| Suppliers | 440/4 | €94,013 | €122,814 | +€28,801 | +30.6% |
| Taxes, remuneration and social security | 45 | €4,866 | €52,154 | +€47,288 | +972% |
| Taxes | 450/3 | €2,746 | €51,866 | +€49,120 | +1,789% |
| Remuneration and social security | 454/9 | €2,120 | €288 | -€1,832 | -86.4% |
| Other amounts payable | 47/48 | €231,739 | €435,328 | +€203,589 | +87.9% |
| Remuneration, social security and pensions | 62 | €18,374 | €27,871 | +€9,497 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,630 | €40,934 | +€2,304 | +6.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€405 | - | +€405 | |
| Other operating charges | 640/8 | €9,274 | €6,408 | -€2,866 | -30.9% |
| Gross operating margin | 9900 | €248,312 | €327,394 | +€79,082 | +31.8% |
| Operating profit (loss) | 9901 | €182,439 | €252,181 | +€69,742 | +38.2% |
| Financial income | 75/76B | €9,396 | €10,855 | +€1,459 | +15.5% |
| Recurring financial income | 75 | €9,396 | €10,855 | +€1,459 | +15.5% |
| Financial charges | 65/66B | €19,282 | €18,997 | -€285 | -1.5% |
| Recurring financial charges | 65 | €19,282 | €18,997 | -€285 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €172,553 | €244,039 | +€71,486 | +41.4% |
| Income taxes | 67/77 | €38,148 | €55,517 | +€17,369 | +45.5% |
| Profit (loss) for the period | 9904 | €134,405 | €188,522 | +€54,117 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €134,405 | €188,522 | +€54,117 | +40.3% |
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 22 October 2026 via checked.be.