Wallimmo: 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.
What changed
Wallimmo
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,404
2024 · €228,182-€205,779
Equity
€585,050
2024 · €562,647+€22,404
Cash
€4,023
2024 · €8,274-€4,251
Balance sheet total
€2.3m
2024 · €2.1m+€142,049
Largest movements
Assets
- Stocks and contracts +€176,682
up €176,682 (+123%), from €143,869 to €320,551
- Tangible fixed assets -€62,382
down €62,382 (-3.4%), from €1.8m to €1.8m
of which Land and buildings: -€62,310
- Receivables within one year +€32,189
up €32,189 (+23.3%), from €138,253 to €170,441
of which Trade receivables: +€32,189
Equity and liabilities
- Debts after one year +€105,889
up €105,889 (+13.4%), from €792,299 to €898,188
of which Financial debts: +€107,089
- Trade debts +€43,640
up €43,640 (+2,376%), from €1,836 to €45,476
Income statement
- Gross operating margin -€280,296
down €280,296 (-64.1%), from €437,497 to €157,202
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.
Result 2024
€228,182
Gross operating margin
-€280,296
Depreciation
+€1,084
Other operating charges
+€2,112
Financial charges
+€2,326
Taxes
+€531
Deferred taxes and other
+€68,464
Result 2025
€22,404
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€103,206
Investment
-€8,471
Financing
+€107,427
Cash 2024
€8,274
From operations (derived)
-€103,206
Net result for the year
+€22,404
Depreciation
+€70,853
Stocks and contracts
-€176,682
Receivables within one year
-€32,189
Deferred charges and accrued income
+€189
Provisions
-€2,607
Trade debts
+€43,640
Tax, wage and social debts
-€3,250
Other debts
-€18,500
Accrued charges and deferred income
-€7,064
Investment (derived)
-€8,471
Investment in fixed assets (net)
-€8,471
Financing
+€107,427
Debts after one year
+€105,889
Current portion of long-term debt
+€1,537
Cash 2025
€4,023
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,130,098 | €2,272,147 | +€142,049 | +6.7% |
| Fixed assets | 21/28 | €1,828,903 | €1,766,521 | -€62,382 | -3.4% |
| Tangible fixed assets | 22/27 | €1,828,578 | €1,766,196 | -€62,382 | -3.4% |
| Land and buildings | 22 | €1,828,293 | €1,765,982 | -€62,310 | -3.4% |
| Plant, machinery and equipment | 23 | €285 | €214 | -€71 | -25.0% |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €301,195 | €505,626 | +€204,431 | +67.9% |
| Stocks and contracts in progress | 3 | €143,869 | €320,551 | +€176,682 | +123% |
| Stocks | 30/36 | €143,869 | €320,551 | +€176,682 | +123% |
| Amounts receivable within one year | 40/41 | €138,253 | €170,441 | +€32,189 | +23.3% |
| Trade receivables | 40 | €55,182 | €87,371 | +€32,189 | +58.3% |
| Other amounts receivable | 41 | €83,071 | €83,071 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,274 | €4,023 | -€4,251 | -51.4% |
| Deferred charges and accrued income | 490/1 | €10,800 | €10,611 | -€189 | -1.7% |
| Total equity and liabilities | 10/49 | €2,130,098 | €2,272,147 | +€142,049 | +6.7% |
| Equity | 10/15 | €562,647 | €585,050 | +€22,404 | +4.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Revaluation surpluses | 12 | €22,207 | €22,207 | = | 0.0% |
| Reserves | 13 | €500,440 | €522,844 | +€22,404 | +4.5% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €292,844 | €285,024 | -€7,820 | -2.7% |
| Distributable reserves | 133 | €203,596 | €233,820 | +€30,224 | +14.8% |
| Provisions and deferred taxes | 16 | €97,615 | €95,008 | -€2,607 | -2.7% |
| Deferred taxes | 168 | €97,615 | €95,008 | -€2,607 | -2.7% |
| Amounts payable | 17/49 | €1,469,836 | €1,592,089 | +€122,252 | +8.3% |
| Amounts payable after more than one year | 17 | €792,299 | €898,188 | +€105,889 | +13.4% |
| Financial debts | 170/4 | €785,799 | €892,888 | +€107,089 | +13.6% |
| Other amounts payable | 178/9 | €6,500 | €5,300 | -€1,200 | -18.5% |
| Amounts payable within one year | 42/48 | €668,317 | €691,744 | +€23,427 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €91,373 | €92,911 | +€1,537 | +1.7% |
| Financial debts | 43 | €270,000 | €270,000 | = | 0.0% |
| Credit institutions | 430/8 | €270,000 | €270,000 | = | 0.0% |
| Trade debts | 44 | €1,836 | €45,476 | +€43,640 | +2,376% |
| Suppliers | 440/4 | €1,836 | €45,476 | +€43,640 | +2,376% |
| Taxes, remuneration and social security | 45 | €27,827 | €24,577 | -€3,250 | -11.7% |
| Taxes | 450/3 | €27,827 | €24,577 | -€3,250 | -11.7% |
| Other amounts payable | 47/48 | €277,280 | €258,780 | -€18,500 | -6.7% |
| Accrued charges and deferred income | 492/3 | €9,220 | €2,157 | -€7,064 | -76.6% |
| Non-recurring operating income | 76A | €274,843 | €0 | -€274,843 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,937 | €70,853 | -€1,084 | -1.5% |
| Other operating charges | 640/8 | €28,960 | €26,848 | -€2,112 | -7.3% |
| Gross operating margin | 9900 | €437,497 | €157,202 | -€280,296 | -64.1% |
| Operating profit (loss) | 9901 | €336,601 | €59,501 | -€277,100 | -82.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €31,011 | €28,685 | -€2,326 | -7.5% |
| Recurring financial charges | 65 | €31,011 | €28,685 | -€2,326 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €305,590 | €30,816 | -€274,774 | -89.9% |
| Transfer from deferred taxes | 780 | €2,854 | €2,607 | -€247 | -8.6% |
| Transfer to deferred taxes | 680 | €68,711 | €0 | -€68,711 | -100% |
| Income taxes | 67/77 | €11,550 | €11,019 | -€531 | -4.6% |
| Profit (loss) for the period | 9904 | €228,182 | €22,404 | -€205,779 | -90.2% |
| Transfer from tax-exempt reserves | 789 | €8,561 | €7,820 | -€740 | -8.6% |
| Transfer to tax-exempt reserves | 689 | €206,133 | €0 | -€206,133 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €30,610 | €30,224 | -€386 | -1.3% |
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 22 October 2026 via checked.be.