WARLOP 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.
WARLOP IMMO
Largest movements
- Cash +€5,425
up €5,425 (+62.5%), from €8,687 to €14,112
mainly Net result for the year (+€8,222) and Trade debts (+€6,266)
- Receivables within one year -€5,000
down €5,000 (-100%), from €5,000 to €0
- Tangible fixed assets -€2,939
down €2,939 (-1.6%), from €185,938 to €182,999
- Debts after one year -€17,288
down €17,288 (-24.4%), from €70,758 to €53,470
- Reserves +€8,600
up €8,600 (+17.2%), from €50,050 to €58,650
of which Distributable reserves: +€8,600
- Trade debts +€6,266
up €6,266 (+17.2%), from €36,366 to €42,632
- Gross operating margin +€30,130
up €30,130, from -€13,525 to €16,606
- Depreciation -€1,157
down €1,157 (-28.3%), from €4,097 to €2,939
- Financial charges -€256
down €256 (-13.0%), from €1,963 to €1,708
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 | €199,625 | €197,111 | -€2,514 | -1.3% |
| Fixed assets | 21/28 | €185,938 | €182,999 | -€2,939 | -1.6% |
| Tangible fixed assets | 22/27 | €185,938 | €182,999 | -€2,939 | -1.6% |
| Land and buildings | 22 | €185,938 | €182,999 | -€2,939 | -1.6% |
| Current assets | 29/58 | €13,687 | €14,112 | +€425 | +3.1% |
| Amounts receivable within one year | 40/41 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts receivable | 41 | €5,000 | €0 | -€5,000 | -100% |
| Cash at bank and in hand | 54/58 | €8,687 | €14,112 | +€5,425 | +62.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €199,625 | €197,111 | -€2,514 | -1.3% |
| Equity | 10/15 | €75,473 | €83,695 | +€8,222 | +10.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €50,050 | €58,650 | +€8,600 | +17.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €50,050 | €58,650 | +€8,600 | +17.2% |
| Profit (loss) carried forward | 14 | €423 | €45 | -€378 | -89.4% |
| Amounts payable | 17/49 | €124,152 | €113,416 | -€10,736 | -8.6% |
| Amounts payable after more than one year | 17 | €70,758 | €53,470 | -€17,288 | -24.4% |
| Financial debts | 170/4 | €70,758 | €53,470 | -€17,288 | -24.4% |
| Amounts payable within one year | 42/48 | €53,394 | €59,920 | +€6,527 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €17,028 | €17,288 | +€261 | +1.5% |
| Trade debts | 44 | €36,366 | €42,632 | +€6,266 | +17.2% |
| Suppliers | 440/4 | €36,366 | €42,632 | +€6,266 | +17.2% |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,097 | €2,939 | -€1,157 | -28.3% |
| Other operating charges | 640/8 | €3,626 | €3,737 | +€111 | +3.1% |
| Gross operating margin | 9900 | -€13,525 | €16,606 | +€30,130 | |
| Operating profit (loss) | 9901 | -€21,247 | €9,929 | +€31,176 | |
| Financial charges | 65/66B | €1,963 | €1,708 | -€256 | -13.0% |
| Recurring financial charges | 65 | €1,963 | €1,708 | -€256 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,210 | €8,222 | +€31,432 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€23,210 | €8,222 | +€31,432 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,210 | €8,222 | +€31,432 |
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 24 October 2026 via checked.be.