W64 Immo: 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.
W64 Immo
Largest movements
- Financial fixed assets +€1.0m
new in 2025: €1.0m
- Tangible fixed assets -€33,771
down €33,771 (-2.3%), from €1.5m to €1.4m
of which Land and buildings: -€33,771
- Other debts +€501,571
up €501,571 (+125.0%), from €401,268 to €902,839
- Debts after one year +€428,224
up €428,224 (+48.7%), from €878,420 to €1.3m
- Profit (loss) carried forward +€26,464
up €26,464 (+37.5%), from -€70,644 to -€44,180
- Depreciation +€11,804
up €11,804 (+52.7%), from €22,381 to €34,186
- Financial charges +€6,757
up €6,757 (+31.3%), from €21,604 to €28,361
- Gross operating margin -€3,561
down €3,561 (-3.4%), from €106,068 to €102,508
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 | €1,556,773 | €2,512,600 | +€955,827 | +61.4% |
| Formation expenses | 20 | €683 | €268 | -€415 | -60.7% |
| Fixed assets | 21/28 | €1,482,433 | €2,448,662 | +€966,229 | +65.2% |
| Tangible fixed assets | 22/27 | €1,482,433 | €1,448,662 | -€33,771 | -2.3% |
| Land and buildings | 22 | €1,482,433 | €1,448,662 | -€33,771 | -2.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | - | €1,000,000 | +€1.0m | |
| Current assets | 29/58 | €73,657 | €63,670 | -€9,987 | -13.6% |
| Amounts receivable within one year | 40/41 | €18 | €2 | -€16 | -86.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €18 | €2 | -€16 | -86.9% |
| Cash at bank and in hand | 54/58 | €73,184 | €63,668 | -€9,516 | -13.0% |
| Deferred charges and accrued income | 490/1 | €455 | €0 | -€455 | -100.0% |
| Total equity and liabilities | 10/49 | €1,556,773 | €2,512,600 | +€955,827 | +61.4% |
| Equity | 10/15 | €179,356 | €205,820 | +€26,464 | +14.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,644 | -€44,180 | +€26,464 | +37.5% |
| Amounts payable | 17/49 | €1,377,418 | €2,306,781 | +€929,363 | +67.5% |
| Amounts payable after more than one year | 17 | €878,420 | €1,306,644 | +€428,224 | +48.7% |
| Financial debts | 170/4 | €878,420 | €1,306,644 | +€428,224 | +48.7% |
| Amounts payable within one year | 42/48 | €498,181 | €999,384 | +€501,204 | +100.6% |
| Current portion of amounts payable after more than one year | 42 | €83,299 | €84,353 | +€1,054 | +1.3% |
| Trade debts | 44 | €4,306 | €1,930 | -€2,376 | -55.2% |
| Suppliers | 440/4 | €4,306 | €1,930 | -€2,376 | -55.2% |
| Taxes, remuneration and social security | 45 | €9,308 | €10,263 | +€955 | +10.3% |
| Taxes | 450/3 | €9,308 | €10,263 | +€955 | +10.3% |
| Other amounts payable | 47/48 | €401,268 | €902,839 | +€501,571 | +125.0% |
| Accrued charges and deferred income | 492/3 | €817 | €752 | -€65 | -8.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,381 | €34,186 | +€11,804 | +52.7% |
| Other operating charges | 640/8 | €13,075 | €13,497 | +€422 | +3.2% |
| Gross operating margin | 9900 | €106,068 | €102,508 | -€3,561 | -3.4% |
| Operating profit (loss) | 9901 | €70,612 | €54,825 | -€15,787 | -22.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €21,604 | €28,361 | +€6,757 | +31.3% |
| Recurring financial charges | 65 | €21,604 | €28,361 | +€6,757 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €49,008 | €26,464 | -€22,544 | -46.0% |
| Profit (loss) for the period | 9904 | €49,008 | €26,464 | -€22,544 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,008 | €26,464 | -€22,544 | -46.0% |
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 9 October 2026 via checked.be.