WEPIMMO: 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.
WEPIMMO
Largest movements
- Tangible fixed assets +€46,402
up €46,402 (+5.7%), from €808,165 to €854,567
of which Assets under construction and advance payments: +€38,400
- Receivables within one year +€9,814
up €9,814 (+581.1%), from €1,689 to €11,503
of which Trade receivables: +€9,875
- Debts after one year +€56,319
up €56,319 (+8.3%), from €679,955 to €736,274
of which Other amounts payable: +€80,000
- Other debts -€26,591
down €26,591 (-31.7%), from €84,014 to €57,423
- Trade debts +€19,464
up €19,464 (+1040.5%), from €1,871 to €21,335
- Gross operating margin +€15,536
up €15,536 (+41.7%), from €37,254 to €52,790
- Other operating charges -€10,900
down €10,900 (-55.3%), from €19,710 to €8,810
- Financial charges +€3,198
up €3,198 (+81.5%), from €3,922 to €7,120
- Depreciation +€2,534
up €2,534 (+9.1%), from €27,924 to €30,458
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €813,452 | €869,208 | +€55,756 | +6.9% |
| Fixed assets | 21/28 | €808,190 | €854,592 | +€46,402 | +5.7% |
| Tangible fixed assets | 22/27 | €808,165 | €854,567 | +€46,402 | +5.7% |
| Land and buildings | 22 | €785,802 | €796,285 | +€10,483 | +1.3% |
| Furniture and vehicles | 24 | - | €3,443 | +€3,443 | |
| Other tangible fixed assets | 26 | €22,363 | €16,439 | -€5,923 | -26.5% |
| Assets under construction and advance payments | 27 | - | €38,400 | +€38,400 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €5,262 | €14,616 | +€9,354 | +177.8% |
| Amounts receivable within one year | 40/41 | €1,689 | €11,503 | +€9,814 | +581.1% |
| Trade receivables | 40 | €1,628 | €11,503 | +€9,875 | +606.6% |
| Other amounts receivable | 41 | €61 | - | -€61 | |
| Cash at bank and in hand | 54/58 | €2,096 | €3,064 | +€968 | +46.2% |
| Deferred charges and accrued income | 490/1 | €1,478 | €50 | -€1,428 | -96.6% |
| Total equity and liabilities | 10/49 | €813,452 | €869,208 | +€55,756 | +6.9% |
| Equity | 10/15 | €24,087 | €30,496 | +€6,408 | +26.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,627 | €10,036 | +€6,408 | +176.7% |
| Amounts payable | 17/49 | €789,365 | €838,713 | +€49,348 | +6.3% |
| Amounts payable after more than one year | 17 | €679,955 | €736,274 | +€56,319 | +8.3% |
| Financial debts | 170/4 | €209,955 | €186,274 | -€23,681 | -11.3% |
| Other amounts payable | 178/9 | €470,000 | €550,000 | +€80,000 | +17.0% |
| Amounts payable within one year | 42/48 | €109,275 | €102,439 | -€6,837 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €22,690 | €23,681 | +€991 | +4.4% |
| Trade debts | 44 | €1,871 | €21,335 | +€19,464 | +1040.5% |
| Suppliers | 440/4 | €1,871 | €21,335 | +€19,464 | +1040.5% |
| Taxes, remuneration and social security | 45 | €701 | - | -€701 | |
| Taxes | 450/3 | €701 | - | -€701 | |
| Other amounts payable | 47/48 | €84,014 | €57,423 | -€26,591 | -31.7% |
| Accrued charges and deferred income | 492/3 | €135 | - | -€135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,924 | €30,458 | +€2,534 | +9.1% |
| Other operating charges | 640/8 | €19,710 | €8,810 | -€10,900 | -55.3% |
| Gross operating margin | 9900 | €37,254 | €52,790 | +€15,536 | +41.7% |
| Operating profit (loss) | 9901 | -€10,380 | €13,522 | +€23,902 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €3,922 | €7,120 | +€3,198 | +81.5% |
| Recurring financial charges | 65 | €3,922 | €7,120 | +€3,198 | +81.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,302 | €6,408 | +€20,710 | |
| Profit (loss) for the period | 9904 | -€14,302 | €6,408 | +€20,710 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,302 | €6,408 | +€20,710 |
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 1 October 2026 via checked.be.