WARENHAUS S B: what changed
What changed
WARENHAUS S B
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
€14,536
2024 · €20,762-€6,226
Equity
€460,428
2024 · €445,892+€14,536
Cash
€118,327
2024 · €58,091+€60,236
Balance sheet total
€512,042
2024 · €490,570+€21,472
Largest movements
Assets
- Cash +€60,236
up €60,236 (+104%), from €58,091 to €118,327
mainly Depreciation (+€39,655) and Net result for the year (+€14,536)
- Tangible fixed assets -€39,655
down €39,655 (-14.8%), from €267,785 to €228,129
of which Land and buildings: -€34,699
Equity and liabilities
- Profit (loss) carried forward +€14,536
up €14,536 (+48.6%), from €29,931 to €44,466
- Tax, wage and social debts +€10,853
up €10,853 (+32.6%), from €33,250 to €44,103
Income statement
- Gross operating margin -€4,878
down €4,878 (-6.6%), from €73,976 to €69,099
- Taxes +€1,121
up €1,121 (+10.0%), from €11,184 to €12,305
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
€20,762
Gross operating margin
-€4,878
Depreciation
+€102
Other operating charges
-€45
Financial income
+€15
Financial charges
-€300
Taxes
-€1,121
Result 2025
€14,536
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
+€60,236
Investment
€0
Financing
€0
Cash 2024
€58,091
From operations (derived)
+€60,236
Net result for the year
+€14,536
Depreciation
+€39,655
Receivables after one year
-€2,615
Receivables within one year
+€1,725
Trade debts
-€3,917
Tax, wage and social debts
+€10,853
Cash 2025
€118,327
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €490,570 | €512,042 | +€21,472 | +4.4% |
| Fixed assets | 21/28 | €267,785 | €228,129 | -€39,655 | -14.8% |
| Tangible fixed assets | 22/27 | €267,785 | €228,129 | -€39,655 | -14.8% |
| Land and buildings | 22 | €238,525 | €203,826 | -€34,699 | -14.5% |
| Plant, machinery and equipment | 23 | €29,260 | €24,304 | -€4,956 | -16.9% |
| Current assets | 29/58 | €222,786 | €283,913 | +€61,127 | +27.4% |
| Amounts receivable after more than one year | 29 | €124,210 | €126,826 | +€2,615 | +2.1% |
| Other amounts receivable | 291 | €124,210 | €126,826 | +€2,615 | +2.1% |
| Amounts receivable within one year | 40/41 | €40,484 | €38,760 | -€1,725 | -4.3% |
| Trade receivables | 40 | €20,684 | €10,960 | -€9,725 | -47.0% |
| Other amounts receivable | 41 | €19,800 | €27,800 | +€8,000 | +40.4% |
| Cash at bank and in hand | 54/58 | €58,091 | €118,327 | +€60,236 | +104% |
| Total equity and liabilities | 10/49 | €490,570 | €512,042 | +€21,472 | +4.4% |
| Equity | 10/15 | €445,892 | €460,428 | +€14,536 | +3.3% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €40,962 | €40,962 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,962 | €40,962 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Other | 1319 | €3,462 | €3,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,931 | €44,466 | +€14,536 | +48.6% |
| Amounts payable | 17/49 | €44,678 | €51,614 | +€6,936 | +15.5% |
| Amounts payable after more than one year | 17 | €3,884 | €3,884 | = | 0.0% |
| Financial debts | 170/4 | €3,884 | €3,884 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,794 | €47,730 | +€6,936 | +17.0% |
| Trade debts | 44 | €7,544 | €3,627 | -€3,917 | -51.9% |
| Suppliers | 440/4 | €7,544 | €3,627 | -€3,917 | -51.9% |
| Taxes, remuneration and social security | 45 | €33,250 | €44,103 | +€10,853 | +32.6% |
| Taxes | 450/3 | €33,250 | €44,103 | +€10,853 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,757 | €39,655 | -€102 | -0.3% |
| Other operating charges | 640/8 | €1,514 | €1,559 | +€45 | +3.0% |
| Gross operating margin | 9900 | €73,976 | €69,099 | -€4,878 | -6.6% |
| Operating profit (loss) | 9901 | €32,705 | €27,884 | -€4,821 | -14.7% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €759 | €1,059 | +€300 | +39.5% |
| Recurring financial charges | 65 | €759 | €1,059 | +€300 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €31,946 | €26,841 | -€5,106 | -16.0% |
| Income taxes | 67/77 | €11,184 | €12,305 | +€1,121 | +10.0% |
| Profit (loss) for the period | 9904 | €20,762 | €14,536 | -€6,226 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,762 | €14,536 | -€6,226 | -30.0% |
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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 6 November 2026 via checked.be.