WG 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.
WG IMMO
Largest movements
- Tangible fixed assets +€116,712
up €116,712 (+117.9%), from €98,960 to €215,672
of which Assets under construction and advance payments: +€124,118
- Cash +€6,956
up €6,956 (+118.0%), from €5,896 to €12,852
mainly Other debts (+€110,000) and Trade debts (+€14,716)
- Other debts +€110,000
up €110,000 (+340.8%), from €32,279 to €142,279
- Trade debts +€14,716
new in 2025: €14,716
- Debts after one year -€8,294
down €8,294 (-23.9%), from €34,719 to €26,425
- Profit (loss) carried forward +€4,113
up €4,113 (+33.5%), from €12,263 to €16,377
- Gross operating margin -€2,317
down €2,317 (-12.2%), from €19,001 to €16,684
- Taxes -€1,140
down €1,140 (-33.8%), from €3,371 to €2,231
- Other operating charges +€579
up €579 (+83.9%), from €690 to €1,269
- Financial charges -€289
down €289 (-14.8%), from €1,954 to €1,665
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 | €106,150 | €229,846 | +€123,697 | +116.5% |
| Fixed assets | 21/28 | €98,960 | €215,672 | +€116,712 | +117.9% |
| Tangible fixed assets | 22/27 | €98,960 | €215,672 | +€116,712 | +117.9% |
| Land and buildings | 22 | €98,960 | €91,554 | -€7,406 | -7.5% |
| Assets under construction and advance payments | 27 | - | €124,118 | +€124,118 | |
| Current assets | 29/58 | €7,190 | €14,174 | +€6,984 | +97.1% |
| Cash at bank and in hand | 54/58 | €5,896 | €12,852 | +€6,956 | +118.0% |
| Deferred charges and accrued income | 490/1 | €1,294 | €1,322 | +€29 | +2.2% |
| Total equity and liabilities | 10/49 | €106,150 | €229,846 | +€123,697 | +116.5% |
| Equity | 10/15 | €29,043 | €33,157 | +€4,113 | +14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,580 | €10,580 | = | 0.0% |
| Distributable reserves | 133 | €10,580 | €10,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,263 | €16,377 | +€4,113 | +33.5% |
| Amounts payable | 17/49 | €77,106 | €196,689 | +€119,583 | +155.1% |
| Amounts payable after more than one year | 17 | €34,719 | €26,425 | -€8,294 | -23.9% |
| Financial debts | 170/4 | €34,719 | €26,425 | -€8,294 | -23.9% |
| Amounts payable within one year | 42/48 | €42,387 | €170,264 | +€127,877 | +301.7% |
| Current portion of amounts payable after more than one year | 42 | €6,737 | €7,667 | +€930 | +13.8% |
| Trade debts | 44 | - | €14,716 | +€14,716 | |
| Suppliers | 440/4 | - | €14,716 | +€14,716 | |
| Taxes, remuneration and social security | 45 | €3,371 | €5,603 | +€2,231 | +66.2% |
| Taxes | 450/3 | €3,371 | €5,603 | +€2,231 | +66.2% |
| Other amounts payable | 47/48 | €32,279 | €142,279 | +€110,000 | +340.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,406 | €7,406 | = | 0.0% |
| Other operating charges | 640/8 | €690 | €1,269 | +€579 | +83.9% |
| Gross operating margin | 9900 | €19,001 | €16,684 | -€2,317 | -12.2% |
| Operating profit (loss) | 9901 | €10,905 | €8,010 | -€2,896 | -26.6% |
| Financial charges | 65/66B | €1,954 | €1,665 | -€289 | -14.8% |
| Recurring financial charges | 65 | €1,954 | €1,665 | -€289 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €8,951 | €6,345 | -€2,607 | -29.1% |
| Income taxes | 67/77 | €3,371 | €2,231 | -€1,140 | -33.8% |
| Profit (loss) for the period | 9904 | €5,580 | €4,113 | -€1,467 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,580 | €4,113 | -€1,467 | -26.3% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.