Usines Jean Warnimont: what changed
What changed
Usines Jean Warnimont
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€55,096
2024 · -€77,620+€22,524
Equity
€973,473
2024 · €1.0m-€55,096
Cash
€1,740
2024 · €24,581-€22,840
Balance sheet total
€2.4m
2024 · €2.4m+€40,646
Largest movements
Assets
- Tangible fixed assets +€62,467
up €62,467 (+4.2%), from €1.5m to €1.6m
Equity and liabilities
- Other debts +€101,601
up €101,601 (+11.3%), from €896,066 to €997,667
- Reserves -€34,538
down €34,538 (-3.0%), from €1.1m to €1.1m
of which Tax-exempt reserves: -€34,538
Income statement
- Write-downs -€19,699
no longer reported in 2025 (was €19,699)
- Staff costs -€11,949
down €11,949 (-18.0%), from €66,426 to €54,477
- Gross operating margin -€8,820
down €8,820 (-15.7%), from €56,156 to €47,335
- Depreciation +€7,609
up €7,609 (+16.5%), from €46,050 to €53,659
- Taxes -€7,228
no longer reported in 2025 (was €7,228)
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
-€77,620
Gross operating margin
-€8,820
Staff costs
+€11,949
Depreciation
-€7,609
Write-downs
+€19,699
Other operating charges
-€116
Financial charges
+€194
Taxes
+€7,228
Result 2025
-€55,096
raises the resultlowers the result
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
+€93,286
Investment
-€116,126
Financing
€0
Cash 2024
€24,581
From operations (derived)
+€93,286
Net result for the year
-€55,096
Depreciation
+€53,659
Smaller working-capital items
-€342
Deferred charges and accrued income
-€800
Provisions
-€11,513
Tax, wage and social debts
+€5,776
Other debts
+€101,601
Investment (derived)
-€116,126
Investment in fixed assets (net)
-€116,126
Cash 2025
€1,740
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,387,314 | €2,427,960 | +€40,646 | +1.7% |
| Fixed assets | 21/28 | €2,258,194 | €2,320,661 | +€62,467 | +2.8% |
| Tangible fixed assets | 22/27 | €1,498,194 | €1,560,661 | +€62,467 | +4.2% |
| Land and buildings | 22 | €1,498,194 | €1,560,661 | +€62,467 | +4.2% |
| Financial fixed assets | 28 | €760,000 | €760,000 | = | 0.0% |
| Current assets | 29/58 | €129,120 | €107,299 | -€21,821 | -16.9% |
| Amounts receivable within one year | 40/41 | €104,540 | €104,758 | +€219 | +0.2% |
| Other amounts receivable | 41 | €104,540 | €104,758 | +€219 | +0.2% |
| Cash at bank and in hand | 54/58 | €24,581 | €1,740 | -€22,840 | -92.9% |
| Deferred charges and accrued income | 490/1 | - | €800 | +€800 | |
| Total equity and liabilities | 10/49 | €2,387,314 | €2,427,960 | +€40,646 | +1.7% |
| Equity | 10/15 | €1,028,569 | €973,473 | -€55,096 | -5.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,133,142 | €1,098,605 | -€34,538 | -3.0% |
| Non-distributable reserves | 130/1 | €20,823 | €20,823 | = | 0.0% |
| Legal reserve | 130 | €20,823 | €20,823 | = | 0.0% |
| Tax-exempt reserves | 132 | €981,719 | €947,182 | -€34,538 | -3.5% |
| Distributable reserves | 133 | €130,600 | €130,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,073 | -€186,631 | -€20,558 | -12.4% |
| Provisions and deferred taxes | 16 | €445,067 | €433,554 | -€11,513 | -2.6% |
| Deferred taxes | 168 | €445,067 | €433,554 | -€11,513 | -2.6% |
| Amounts payable | 17/49 | €913,678 | €1,020,932 | +€107,254 | +11.7% |
| Amounts payable within one year | 42/48 | €913,678 | €1,020,932 | +€107,254 | +11.7% |
| Trade debts | 44 | €123 | - | -€123 | |
| Suppliers | 440/4 | €123 | - | -€123 | |
| Taxes, remuneration and social security | 45 | €17,489 | €23,265 | +€5,776 | +33.0% |
| Taxes | 450/3 | €2,580 | €3,353 | +€773 | +30.0% |
| Remuneration and social security | 454/9 | €14,908 | €19,911 | +€5,003 | +33.6% |
| Other amounts payable | 47/48 | €896,066 | €997,667 | +€101,601 | +11.3% |
| Remuneration, social security and pensions | 62 | €66,426 | €54,477 | -€11,949 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,050 | €53,659 | +€7,609 | +16.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,699 | - | -€19,699 | |
| Other operating charges | 640/8 | €5,624 | €5,740 | +€116 | +2.1% |
| Gross operating margin | 9900 | €56,156 | €47,335 | -€8,820 | -15.7% |
| Operating profit (loss) | 9901 | -€81,643 | -€66,541 | +€15,102 | +18.5% |
| Financial charges | 65/66B | €262 | €67 | -€194 | -74.2% |
| Recurring financial charges | 65 | €262 | €67 | -€194 | -74.2% |
| Profit (loss) for the period before taxes | 9903 | -€81,905 | -€66,608 | +€15,296 | +18.7% |
| Transfer from deferred taxes | 780 | €11,513 | €11,513 | = | 0.0% |
| Income taxes | 67/77 | €7,228 | - | -€7,228 | |
| Profit (loss) for the period | 9904 | -€77,620 | -€55,096 | +€22,524 | +29.0% |
| Transfer from tax-exempt reserves | 789 | €34,538 | €34,538 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,083 | -€20,558 | +€22,524 | +52.3% |
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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 3 November 2026 via checked.be.