WIERTZ 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.
WIERTZ IMMO
Largest movements
- Tangible fixed assets -€14,153
down €14,153 (-7.9%), from €178,317 to €164,164
- Debts after one year -€12,319
down €12,319 (-10.4%), from €117,886 to €105,567
- Gross operating margin +€950
up €950 (+5.7%), from €16,667 to €17,616
- Depreciation -€346
down €346 (-2.4%), from €14,499 to €14,153
- Other operating charges -€310
down €310 (-10.9%), from €2,843 to €2,533
- Financial charges -€208
down €208 (-7.4%), from €2,820 to €2,613
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 | €178,849 | €166,154 | -€12,695 | -7.1% |
| Fixed assets | 21/28 | €178,317 | €164,164 | -€14,153 | -7.9% |
| Tangible fixed assets | 22/27 | €178,317 | €164,164 | -€14,153 | -7.9% |
| Land and buildings | 22 | €178,317 | €164,164 | -€14,153 | -7.9% |
| Current assets | 29/58 | €532 | €1,989 | +€1,457 | +274% |
| Cash at bank and in hand | 54/58 | €532 | €239 | -€293 | -55.0% |
| Deferred charges and accrued income | 490/1 | - | €1,750 | +€1,750 | |
| Total equity and liabilities | 10/49 | €178,849 | €166,154 | -€12,695 | -7.1% |
| Equity | 10/15 | €2,270 | €588 | -€1,682 | -74.1% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,730 | -€30,412 | -€1,682 | -5.9% |
| Amounts payable | 17/49 | €176,579 | €165,566 | -€11,013 | -6.2% |
| Amounts payable after more than one year | 17 | €117,886 | €105,567 | -€12,319 | -10.4% |
| Financial debts | 170/4 | €117,886 | €105,567 | -€12,319 | -10.4% |
| Amounts payable within one year | 42/48 | €58,693 | €58,861 | +€168 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €10,425 | €11,593 | +€1,168 | +11.2% |
| Other amounts payable | 47/48 | €48,268 | €47,268 | -€1,000 | -2.1% |
| Accrued charges and deferred income | 492/3 | - | €1,138 | +€1,138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,499 | €14,153 | -€346 | -2.4% |
| Other operating charges | 640/8 | €2,843 | €2,533 | -€310 | -10.9% |
| Gross operating margin | 9900 | €16,667 | €17,616 | +€950 | +5.7% |
| Operating profit (loss) | 9901 | -€675 | €930 | +€1,606 | |
| Financial charges | 65/66B | €2,820 | €2,613 | -€208 | -7.4% |
| Recurring financial charges | 65 | €2,820 | €2,613 | -€208 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,495 | -€1,682 | +€1,813 | +51.9% |
| Profit (loss) for the period | 9904 | -€3,495 | -€1,682 | +€1,813 | +51.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,495 | -€1,682 | +€1,813 | +51.9% |
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 19 October 2026 via checked.be.