WA-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.
WA-IMMO
Largest movements
- Tangible fixed assets -€8,638
down €8,638 (-2.5%), from €345,207 to €336,569
of which Land and buildings: -€14,916
- Debts after one year -€64,558
down €64,558 (-25.3%), from €255,038 to €190,480
of which Financial debts: -€44,558
- Reserves +€30,211
up €30,211 (+75.0%), from €40,307 to €70,518
- Other debts +€18,095
up €18,095 (+1200.2%), from €1,508 to €19,602
- Tax, wage and social debts +€11,316
new in 2025: €11,316
- Gross operating margin +€11,473
up €11,473 (+17.2%), from €66,584 to €78,057
- Taxes +€4,154
up €4,154 (+58.0%), from €7,162 to €11,316
- Financial charges -€1,705
down €1,705 (-14.0%), from €12,139 to €10,434
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 | €356,777 | €351,420 | -€5,357 | -1.5% |
| Fixed assets | 21/28 | €347,746 | €339,108 | -€8,638 | -2.5% |
| Tangible fixed assets | 22/27 | €345,207 | €336,569 | -€8,638 | -2.5% |
| Land and buildings | 22 | €321,762 | €306,846 | -€14,916 | -4.6% |
| Plant, machinery and equipment | 23 | €22,505 | €28,828 | +€6,323 | +28.1% |
| Furniture and vehicles | 24 | €940 | €896 | -€45 | -4.8% |
| Financial fixed assets | 28 | €2,539 | €2,539 | = | 0.0% |
| Current assets | 29/58 | €9,031 | €12,312 | +€3,281 | +36.3% |
| Amounts receivable within one year | 40/41 | €1,393 | - | -€1,393 | |
| Trade receivables | 40 | €232 | - | -€232 | |
| Other amounts receivable | 41 | €1,161 | - | -€1,161 | |
| Cash at bank and in hand | 54/58 | €7,062 | €10,574 | +€3,512 | +49.7% |
| Deferred charges and accrued income | 490/1 | €575 | €1,738 | +€1,163 | +202.3% |
| Total equity and liabilities | 10/49 | €356,777 | €351,420 | -€5,357 | -1.5% |
| Equity | 10/15 | €52,707 | €82,918 | +€30,211 | +57.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,307 | €70,518 | +€30,211 | +75.0% |
| Distributable reserves | 133 | €40,307 | €70,518 | +€30,211 | +75.0% |
| Amounts payable | 17/49 | €304,070 | €268,502 | -€35,568 | -11.7% |
| Amounts payable after more than one year | 17 | €255,038 | €190,480 | -€64,558 | -25.3% |
| Financial debts | 170/4 | €185,038 | €140,480 | -€44,558 | -24.1% |
| Other amounts payable | 178/9 | €70,000 | €50,000 | -€20,000 | -28.6% |
| Amounts payable within one year | 42/48 | €46,620 | €75,611 | +€28,991 | +62.2% |
| Current portion of amounts payable after more than one year | 42 | €45,017 | €44,558 | -€459 | -1.0% |
| Trade debts | 44 | €95 | €134 | +€39 | +40.7% |
| Suppliers | 440/4 | €95 | €134 | +€39 | +40.7% |
| Taxes, remuneration and social security | 45 | - | €11,316 | +€11,316 | |
| Taxes | 450/3 | - | €11,316 | +€11,316 | |
| Other amounts payable | 47/48 | €1,508 | €19,602 | +€18,095 | +1200.2% |
| Accrued charges and deferred income | 492/3 | €2,412 | €2,412 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,021 | €18,664 | +€643 | +3.6% |
| Other operating charges | 640/8 | €8,031 | €7,498 | -€533 | -6.6% |
| Gross operating margin | 9900 | €66,584 | €78,057 | +€11,473 | +17.2% |
| Operating profit (loss) | 9901 | €40,532 | €51,895 | +€11,363 | +28.0% |
| Financial income | 75/76B | €17 | €67 | +€50 | +302.6% |
| Recurring financial income | 75 | €17 | €67 | +€50 | +302.6% |
| Financial charges | 65/66B | €12,139 | €10,434 | -€1,705 | -14.0% |
| Recurring financial charges | 65 | €12,139 | €10,434 | -€1,705 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €28,409 | €41,527 | +€13,118 | +46.2% |
| Income taxes | 67/77 | €7,162 | €11,316 | +€4,154 | +58.0% |
| Profit (loss) for the period | 9904 | €21,248 | €30,211 | +€8,964 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,248 | €30,211 | +€8,964 | +42.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.