Immo WVD: 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 WVD
Largest movements
- Cash +€14,204
up €14,204 (+49.3%), from €28,800 to €43,004
mainly Depreciation (+€11,671) and Net result for the year (+€6,434)
- Tangible fixed assets -€7,371
down €7,371 (-2.5%), from €298,746 to €291,376
of which Land and buildings: -€7,256
- Profit (loss) carried forward +€6,434
up €6,434 (+40.7%), from -€15,826 to -€9,393
- Gross operating margin +€12,431
up €12,431 (+141.6%), from €8,777 to €21,208
- Other operating charges -€3,430
down €3,430 (-54.0%), from €6,354 to €2,924
- Depreciation +€282
up €282 (+2.5%), from €11,389 to €11,671
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 | €327,547 | €334,380 | +€6,833 | +2.1% |
| Fixed assets | 21/28 | €298,746 | €291,376 | -€7,371 | -2.5% |
| Tangible fixed assets | 22/27 | €298,746 | €291,376 | -€7,371 | -2.5% |
| Land and buildings | 22 | €298,113 | €290,857 | -€7,256 | -2.4% |
| Plant, machinery and equipment | 23 | €633 | €518 | -€115 | -18.2% |
| Current assets | 29/58 | €28,800 | €43,004 | +€14,204 | +49.3% |
| Cash at bank and in hand | 54/58 | €28,800 | €43,004 | +€14,204 | +49.3% |
| Total equity and liabilities | 10/49 | €327,547 | €334,380 | +€6,833 | +2.1% |
| Equity | 10/15 | €134,174 | €140,607 | +€6,434 | +4.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,826 | -€9,393 | +€6,434 | +40.7% |
| Amounts payable | 17/49 | €193,373 | €193,773 | +€400 | +0.2% |
| Amounts payable within one year | 42/48 | €193,373 | €193,773 | +€400 | +0.2% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €193,373 | €193,373 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,389 | €11,671 | +€282 | +2.5% |
| Other operating charges | 640/8 | €6,354 | €2,924 | -€3,430 | -54.0% |
| Gross operating margin | 9900 | €8,777 | €21,208 | +€12,431 | +141.6% |
| Operating profit (loss) | 9901 | -€8,966 | €6,614 | +€15,580 | |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,116 | €6,434 | +€15,550 | |
| Profit (loss) for the period | 9904 | -€9,116 | €6,434 | +€15,550 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,116 | €6,434 | +€15,550 |
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 5 October 2026 via checked.be.