WAAH 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.
WAAH IMMO
Largest movements
- Tangible fixed assets +€62,007
up €62,007 (+7.8%), from €798,253 to €860,260
of which Land and buildings: +€651,561
- Debts after one year +€73,923
up €73,923 (+10.6%), from €698,058 to €771,982
of which Financial debts: +€68,223
- Profit (loss) carried forward -€18,289
down €18,289 (-49.7%), from -€36,771 to -€55,060
- Gross operating margin +€36,748
up €36,748, from -€7,226 to €29,522
- Depreciation +€21,970
up €21,970 (+22,029%), from €100 to €22,069
- Financial charges +€5,125
up €5,125 (+26.6%), from €19,300 to €24,425
- Other operating charges +€684
up €684 (+97.6%), from €702 to €1,386
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 | €816,637 | €876,426 | +€59,789 | +7.3% |
| Fixed assets | 21/28 | €798,253 | €860,260 | +€62,007 | +7.8% |
| Tangible fixed assets | 22/27 | €798,253 | €860,260 | +€62,007 | +7.8% |
| Land and buildings | 22 | €208,699 | €860,260 | +€651,561 | +312% |
| Assets under construction and advance payments | 27 | €589,554 | - | -€589,554 | |
| Current assets | 29/58 | €18,383 | €16,165 | -€2,218 | -12.1% |
| Amounts receivable within one year | 40/41 | €8,251 | €5,683 | -€2,568 | -31.1% |
| Trade receivables | 40 | €71 | - | -€71 | |
| Other amounts receivable | 41 | €8,180 | €5,683 | -€2,497 | -30.5% |
| Cash at bank and in hand | 54/58 | €8,734 | €8,642 | -€92 | -1.1% |
| Deferred charges and accrued income | 490/1 | €1,398 | €1,841 | +€443 | +31.7% |
| Total equity and liabilities | 10/49 | €816,637 | €876,426 | +€59,789 | +7.3% |
| Equity | 10/15 | €73,229 | €54,940 | -€18,289 | -25.0% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,771 | -€55,060 | -€18,289 | -49.7% |
| Amounts payable | 17/49 | €743,407 | €821,486 | +€78,078 | +10.5% |
| Amounts payable after more than one year | 17 | €698,058 | €771,982 | +€73,923 | +10.6% |
| Financial debts | 170/4 | €698,058 | €766,282 | +€68,223 | +9.8% |
| Other amounts payable | 178/9 | - | €5,700 | +€5,700 | |
| Amounts payable within one year | 42/48 | €45,349 | €44,526 | -€823 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €22,654 | €23,554 | +€899 | +4.0% |
| Trade debts | 44 | €22,662 | €18,472 | -€4,190 | -18.5% |
| Suppliers | 440/4 | €22,662 | €18,472 | -€4,190 | -18.5% |
| Taxes, remuneration and social security | 45 | - | €2,387 | +€2,387 | |
| Taxes | 450/3 | - | €2,387 | +€2,387 | |
| Other amounts payable | 47/48 | €33 | €114 | +€81 | +245% |
| Accrued charges and deferred income | 492/3 | - | €4,978 | +€4,978 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | €22,069 | +€21,970 | +22,029% |
| Other operating charges | 640/8 | €702 | €1,386 | +€684 | +97.6% |
| Gross operating margin | 9900 | -€7,226 | €29,522 | +€36,748 | |
| Operating profit (loss) | 9901 | -€8,028 | €6,066 | +€14,094 | |
| Financial income | 75/76B | €124 | €70 | -€54 | -43.5% |
| Recurring financial income | 75 | €124 | €70 | -€54 | -43.5% |
| Financial charges | 65/66B | €19,300 | €24,425 | +€5,125 | +26.6% |
| Recurring financial charges | 65 | €19,300 | €24,425 | +€5,125 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,204 | -€18,289 | +€8,915 | +32.8% |
| Profit (loss) for the period | 9904 | -€27,204 | -€18,289 | +€8,915 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,204 | -€18,289 | +€8,915 | +32.8% |
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 27 October 2026 via checked.be.