WOLFERS IMMOBILIËN: what changed
What changed
WOLFERS IMMOBILIËN
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€34,340
2024 · €14,012+€20,328
Equity
€2,500
2024 · €13,879-€11,379
Cash
€387
2024 · €2,857-€2,471
Balance sheet total
€493,801
2024 · €631,914-€138,113
Largest movements
Assets
- Financial fixed assets -€150,000
down €150,000 (-25.0%), from €600,000 to €450,000
- Tangible fixed assets +€12,769
up €12,769 (+69.4%), from €18,397 to €31,166
Equity and liabilities
- Debts after one year -€179,454
down €179,454 (-29.9%), from €600,000 to €420,546
- Other debts +€39,870
up €39,870 (+2,070%), from €1,926 to €41,797
- Reserves -€11,379
no longer reported in 2025 (was €11,379)
Income statement
- Gross operating margin +€29,951
up €29,951 (+91.4%), from €32,770 to €62,720
- Taxes +€5,101
up €5,101 (+63.6%), from €8,018 to €13,118
- Financial charges +€2,786
up €2,786 (+35.1%), from €7,937 to €10,723
- Depreciation +€2,260
up €2,260 (+137%), from €1,649 to €3,909
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€14,012
Gross operating margin
+€29,951
Depreciation
-€2,260
Other operating charges
+€522
Financial income
+€2
Financial charges
-€2,786
Taxes
-€5,101
Result 2025
€34,340
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€81,758
Investment
+€133,322
Financing
-€217,550
Cash 2024
€2,857
From operations (derived)
+€81,758
Net result for the year
+€34,340
Depreciation
+€3,909
Receivables within one year
-€1,882
Deferred charges and accrued income
+€292
Trade debts
+€1,533
Tax, wage and social debts
+€2,520
Other debts
+€39,870
Accrued charges and deferred income
+€1,175
Investment (derived)
+€133,322
Investment in fixed assets (net)
+€133,322
Financing
-€217,550
Debts after one year
-€179,454
Current portion of long-term debt
+€2,558
Short-term financial debts
+€5,065
Contributions, distributions and other
-€45,719
Cash 2025
€387
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €631,914 | €493,801 | -€138,113 | -21.9% |
| Fixed assets | 21/28 | €618,397 | €481,166 | -€137,231 | -22.2% |
| Tangible fixed assets | 22/27 | €18,397 | €31,166 | +€12,769 | +69.4% |
| Plant, machinery and equipment | 23 | €1,072 | €3,067 | +€1,995 | +186% |
| Furniture and vehicles | 24 | - | €4,570 | +€4,570 | |
| Other tangible fixed assets | 26 | €17,326 | €23,529 | +€6,204 | +35.8% |
| Financial fixed assets | 28 | €600,000 | €450,000 | -€150,000 | -25.0% |
| Current assets | 29/58 | €13,516 | €12,635 | -€881 | -6.5% |
| Amounts receivable within one year | 40/41 | €9,075 | €10,957 | +€1,882 | +20.7% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €1,882 | +€1,882 | |
| Cash at bank and in hand | 54/58 | €2,857 | €387 | -€2,471 | -86.5% |
| Deferred charges and accrued income | 490/1 | €1,584 | €1,291 | -€292 | -18.5% |
| Total equity and liabilities | 10/49 | €631,914 | €493,801 | -€138,113 | -21.9% |
| Equity | 10/15 | €13,879 | €2,500 | -€11,379 | -82.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €11,379 | - | -€11,379 | |
| Distributable reserves | 133 | €11,379 | - | -€11,379 | |
| Amounts payable | 17/49 | €618,034 | €491,301 | -€126,733 | -20.5% |
| Amounts payable after more than one year | 17 | €600,000 | €420,546 | -€179,454 | -29.9% |
| Financial debts | 170/4 | €600,000 | €420,546 | -€179,454 | -29.9% |
| Amounts payable within one year | 42/48 | €18,034 | €69,580 | +€51,546 | +286% |
| Current portion of amounts payable after more than one year | 42 | - | €2,558 | +€2,558 | |
| Financial debts | 43 | - | €5,065 | +€5,065 | |
| Other loans | 439 | - | €5,065 | +€5,065 | |
| Trade debts | 44 | €2,857 | €4,389 | +€1,533 | +53.7% |
| Suppliers | 440/4 | €2,857 | €4,389 | +€1,533 | +53.7% |
| Taxes, remuneration and social security | 45 | €13,252 | €15,771 | +€2,520 | +19.0% |
| Taxes | 450/3 | €13,252 | €13,271 | +€20 | +0.2% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €1,926 | €41,797 | +€39,870 | +2,070% |
| Accrued charges and deferred income | 492/3 | - | €1,175 | +€1,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,649 | €3,909 | +€2,260 | +137% |
| Other operating charges | 640/8 | €1,154 | €632 | -€522 | -45.2% |
| Gross operating margin | 9900 | €32,770 | €62,720 | +€29,951 | +91.4% |
| Operating profit (loss) | 9901 | €29,967 | €58,180 | +€28,213 | +94.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €7,937 | €10,723 | +€2,786 | +35.1% |
| Recurring financial charges | 65 | €7,937 | €10,723 | +€2,786 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €22,030 | €47,459 | +€25,429 | +115% |
| Income taxes | 67/77 | €8,018 | €13,118 | +€5,101 | +63.6% |
| Profit (loss) for the period | 9904 | €14,012 | €34,340 | +€20,328 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €14,012 | €34,340 | +€20,328 | +145% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.