WM & KL 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.
WM & KL Immo
Largest movements
- Tangible fixed assets -€13,740
down €13,740 (-4.1%), from €335,691 to €321,951
- Debts after one year -€16,327
down €16,327 (-5.8%), from €282,644 to €266,317
- Gross operating margin +€20,097
up €20,097 (+263%), from €7,639 to €27,736
- Depreciation +€5,931
up €5,931 (+76.0%), from €7,809 to €13,740
- Financial charges +€3,945
up €3,945 (+51.3%), from €7,694 to €11,639
- Other operating charges -€786
down €786 (-66.6%), from €1,181 to €394
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 | €347,330 | €332,042 | -€15,287 | -4.4% |
| Fixed assets | 21/28 | €335,691 | €321,951 | -€13,740 | -4.1% |
| Tangible fixed assets | 22/27 | €335,691 | €321,951 | -€13,740 | -4.1% |
| Land and buildings | 22 | €335,691 | €321,951 | -€13,740 | -4.1% |
| Current assets | 29/58 | €11,638 | €10,091 | -€1,547 | -13.3% |
| Amounts receivable within one year | 40/41 | €1,254 | €3,146 | +€1,892 | +151% |
| Trade receivables | 40 | €1,254 | €3,146 | +€1,892 | +151% |
| Cash at bank and in hand | 54/58 | €10,384 | €6,945 | -€3,439 | -33.1% |
| Total equity and liabilities | 10/49 | €347,330 | €332,042 | -€15,287 | -4.4% |
| Equity | 10/15 | -€1,545 | €418 | +€1,963 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,045 | -€7,082 | +€1,963 | +21.7% |
| Amounts payable | 17/49 | €348,874 | €331,624 | -€17,250 | -4.9% |
| Amounts payable after more than one year | 17 | €282,644 | €266,317 | -€16,327 | -5.8% |
| Financial debts | 170/4 | €282,644 | €266,317 | -€16,327 | -5.8% |
| Amounts payable within one year | 42/48 | €66,230 | €65,307 | -€922 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €17,001 | €17,660 | +€659 | +3.9% |
| Trade debts | 44 | €2,255 | €605 | -€1,650 | -73.2% |
| Suppliers | 440/4 | €2,255 | €605 | -€1,650 | -73.2% |
| Taxes, remuneration and social security | 45 | €1,533 | €1,601 | +€68 | +4.5% |
| Taxes | 450/3 | €1,533 | €1,601 | +€68 | +4.5% |
| Other amounts payable | 47/48 | €45,441 | €45,441 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,809 | €13,740 | +€5,931 | +76.0% |
| Other operating charges | 640/8 | €1,181 | €394 | -€786 | -66.6% |
| Gross operating margin | 9900 | €7,639 | €27,736 | +€20,097 | +263% |
| Operating profit (loss) | 9901 | -€1,350 | €13,601 | +€14,952 | |
| Financial charges | 65/66B | €7,694 | €11,639 | +€3,945 | +51.3% |
| Recurring financial charges | 65 | €7,694 | €11,639 | +€3,945 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,045 | €1,963 | +€11,007 | |
| Profit (loss) for the period | 9904 | -€9,045 | €1,963 | +€11,007 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,045 | €1,963 | +€11,007 |
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 16 October 2026 via checked.be.