WEMMEL SQUARE: what changed
Two fiscal 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
WEMMEL SQUARE
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€42,616
2024 · €3,487+€39,129
Equity
€5.6m
2024 · €5.5m+€42,616
Cash
€923,116
2024 · €773,561+€149,555
Balance sheet total
€6.0m
2024 · €6.0m-€14,037
Largest movements
Assets
- Tangible fixed assets -€334,771
down €334,771 (-11.0%), from €3.0m to €2.7m
of which Other tangible fixed assets: -€262,784
- Cash +€149,555
up €149,555 (+19.3%), from €773,561 to €923,116
mainly Depreciation (+€394,878) and Net result for the year (+€42,616)
- Deferred charges and accrued income +€118,829
up €118,829 (+250.7%), from €47,392 to €166,222
Equity and liabilities
- Profit (loss) carried forward +€80,862
up €80,862 (+14.8%), from €547,654 to €628,515
- Other debts -€59,992
down €59,992 (-74.9%), from €80,128 to €20,136
Income statement
- Depreciation -€37,570
down €37,570 (-8.7%), from €432,448 to €394,878
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
€3,487
Gross operating margin
+€6,000
Staff costs
+€2,009
Depreciation
+€37,570
Other operating charges
-€16,244
Financial income
+€1,052
Financial charges
+€8,200
Taxes
+€542
Result 2025
€42,616
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.
From operations
+€219,661
Investment
-€60,107
Financing
-€9,998
Cash 2024
€773,561
From operations (derived)
+€219,661
Net result for the year
+€42,616
Depreciation
+€394,878
Stocks and contracts
+€434
Receivables within one year
-€52,783
Deferred charges and accrued income
-€118,829
Provisions
-€18,837
Trade debts
+€15,091
Tax, wage and social debts
+€24,431
Other debts
-€59,992
Accrued charges and deferred income
-€7,347
Investment (derived)
-€60,107
Investment in fixed assets (net)
-€60,107
Financing
-€9,998
Debts after one year
-€9,998
Cash 2025
€923,116
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,987,600 | €5,973,563 | -€14,037 | -0.2% |
| Fixed assets | 21/28 | €3,047,616 | €2,712,845 | -€334,771 | -11.0% |
| Tangible fixed assets | 22/27 | €3,047,616 | €2,712,845 | -€334,771 | -11.0% |
| Land and buildings | 22 | €1,066,982 | €1,016,390 | -€50,593 | -4.7% |
| Plant, machinery and equipment | 23 | €135,904 | €120,532 | -€15,372 | -11.3% |
| Furniture and vehicles | 24 | €9,979 | €3,957 | -€6,022 | -60.3% |
| Other tangible fixed assets | 26 | €1,834,751 | €1,571,967 | -€262,784 | -14.3% |
| Current assets | 29/58 | €2,939,984 | €3,260,717 | +€320,733 | +10.9% |
| Stocks and contracts in progress | 3 | €2,118,486 | €2,118,052 | -€434 | 0.0% |
| Stocks | 30/36 | €2,118,486 | €2,118,052 | -€434 | 0.0% |
| Amounts receivable within one year | 40/41 | €544 | €53,328 | +€52,783 | +9696.6% |
| Trade receivables | 40 | €436 | €11,072 | +€10,636 | +2439.0% |
| Other amounts receivable | 41 | €108 | €42,255 | +€42,147 | +38934.9% |
| Cash at bank and in hand | 54/58 | €773,561 | €923,116 | +€149,555 | +19.3% |
| Deferred charges and accrued income | 490/1 | €47,392 | €166,222 | +€118,829 | +250.7% |
| Total equity and liabilities | 10/49 | €5,987,600 | €5,973,563 | -€14,037 | -0.2% |
| Equity | 10/15 | €5,517,237 | €5,559,852 | +€42,616 | +0.8% |
| Contributions | 10/11 | €4,106,000 | €4,106,000 | = | 0.0% |
| Capital | 10 | €4,106,000 | €4,106,000 | = | 0.0% |
| Issued capital | 100 | €4,106,000 | €4,106,000 | = | 0.0% |
| Reserves | 13 | €863,583 | €825,337 | -€38,246 | -4.4% |
| Non-distributable reserves | 130/1 | €710,600 | €710,600 | = | 0.0% |
| Legal reserve | 130 | €710,600 | €710,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €152,983 | €114,737 | -€38,246 | -25.0% |
| Profit (loss) carried forward | 14 | €547,654 | €628,515 | +€80,862 | +14.8% |
| Provisions and deferred taxes | 16 | €75,350 | €56,512 | -€18,837 | -25.0% |
| Deferred taxes | 168 | €75,350 | €56,512 | -€18,837 | -25.0% |
| Amounts payable | 17/49 | €395,013 | €357,198 | -€37,816 | -9.6% |
| Amounts payable after more than one year | 17 | €171,809 | €161,810 | -€9,998 | -5.8% |
| Financial debts | 170/4 | €166,859 | €156,860 | -€9,998 | -6.0% |
| Other amounts payable | 178/9 | €4,950 | €4,950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €215,635 | €195,165 | -€20,470 | -9.5% |
| Trade debts | 44 | €92,117 | €107,207 | +€15,091 | +16.4% |
| Suppliers | 440/4 | €92,117 | €107,207 | +€15,091 | +16.4% |
| Taxes, remuneration and social security | 45 | €43,391 | €67,822 | +€24,431 | +56.3% |
| Taxes | 450/3 | €19,079 | €14,123 | -€4,956 | -26.0% |
| Remuneration and social security | 454/9 | €24,312 | €53,700 | +€29,387 | +120.9% |
| Other amounts payable | 47/48 | €80,128 | €20,136 | -€59,992 | -74.9% |
| Accrued charges and deferred income | 492/3 | €7,569 | €222 | -€7,347 | -97.1% |
| Non-recurring operating income | 76A | €0 | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €1,554,771 | €1,552,762 | -€2,009 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €432,448 | €394,878 | -€37,570 | -8.7% |
| Other operating charges | 640/8 | €186,907 | €203,151 | +€16,244 | +8.7% |
| Gross operating margin | 9900 | €2,187,362 | €2,193,362 | +€6,000 | +0.3% |
| Operating profit (loss) | 9901 | €13,236 | €42,571 | +€29,335 | +221.6% |
| Financial income | 75/76B | €0 | €1,052 | +€1,052 | |
| Recurring financial income | 75 | €0 | €1,052 | +€1,052 | |
| Financial charges | 65/66B | €26,904 | €18,704 | -€8,200 | -30.5% |
| Recurring financial charges | 65 | €26,904 | €18,704 | -€8,200 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,668 | €24,919 | +€38,587 | |
| Transfer from deferred taxes | 780 | €18,837 | €18,837 | = | 0.0% |
| Income taxes | 67/77 | €1,682 | €1,140 | -€542 | -32.2% |
| Profit (loss) for the period | 9904 | €3,487 | €42,616 | +€39,129 | +1122.1% |
| Transfer from tax-exempt reserves | 789 | €38,236 | €38,246 | +€10 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,723 | €80,862 | +€39,139 | +93.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.