WOLUWE CORNER PROPERTY: what changed
What changed
WOLUWE CORNER PROPERTY
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€41,638
2024 · €967,911-€926,273
Equity
€17.1m
2024 · €17.0m+€41,638
Cash
€141,005
2024 · €129,281+€11,724
Balance sheet total
€40.2m
2024 · €40.9m-€633,065
Largest movements
Assets
- Tangible fixed assets -€649,995
down €649,995 (-5.2%), from €12.6m to €12.0m
of which Land and buildings: -€670,154
Equity and liabilities
- Current portion of long-term debt -€1.2m
no longer reported in 2025 (was €1.2m)
- Other debts +€982,671
up €982,671 (+4.7%), from €20.9m to €21.9m
- Trade debts -€449,179
down €449,179 (-53.9%), from €833,963 to €384,783
Income statement
- Financial charges +€1.1m
up €1.1m (+1,280%), from €86,817 to €1.2m
- Other operating charges -€121,430
down €121,430 (-18.2%), from €666,377 to €544,948
- Gross operating margin -€116,989
down €116,989 (-4.5%), from €2.6m to €2.5m
- Write-downs -€43,236
down €43,236, from €21,618 to -€21,618
- Depreciation -€34,371
down €34,371 (-4.0%), from €851,663 to €817,292
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
€967,911
Gross operating margin
-€116,989
Depreciation
+€34,371
Write-downs
+€43,236
Other operating charges
+€121,430
Other operating items
+€86,441
Financial income
+€16,736
Financial charges
-€1.1m
Result 2025
€41,638
raises the resultlowers the resultnot broken down further in the accounts
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
+€1.3m
Investment
-€167,282
Financing
-€1.2m
Cash 2024
€129,281
From operations (derived)
+€1.3m
Net result for the year
+€41,638
Depreciation
+€817,292
Receivables within one year
-€277,817
Deferred charges and accrued income
+€272,596
Trade debts
-€449,179
Other debts
+€982,671
Accrued charges and deferred income
-€41,546
Investment (derived)
-€167,282
Investment in fixed assets (net)
-€167,298
Current investments
+€15
Financing
-€1.2m
Current portion of long-term debt
-€1.2m
Cash 2025
€141,005
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,882,729 | €40,249,664 | -€633,065 | -1.5% |
| Fixed assets | 21/28 | €33,091,185 | €32,441,190 | -€649,995 | -2.0% |
| Tangible fixed assets | 22/27 | €12,607,185 | €11,957,190 | -€649,995 | -5.2% |
| Land and buildings | 22 | €12,593,439 | €11,923,285 | -€670,154 | -5.3% |
| Plant, machinery and equipment | 23 | €13,746 | €33,906 | +€20,160 | +147% |
| Financial fixed assets | 28 | €20,484,000 | €20,484,000 | = | 0.0% |
| Current assets | 29/58 | €7,791,544 | €7,808,473 | +€16,929 | +0.2% |
| Amounts receivable within one year | 40/41 | €7,115,845 | €7,393,662 | +€277,817 | +3.9% |
| Trade receivables | 40 | €1,196,349 | €550,429 | -€645,920 | -54.0% |
| Other amounts receivable | 41 | €5,919,496 | €6,843,233 | +€923,737 | +15.6% |
| Current investments | 50/53 | €372 | €356 | -€15 | -4.2% |
| Cash at bank and in hand | 54/58 | €129,281 | €141,005 | +€11,724 | +9.1% |
| Deferred charges and accrued income | 490/1 | €546,046 | €273,450 | -€272,596 | -49.9% |
| Total equity and liabilities | 10/49 | €40,882,729 | €40,249,664 | -€633,065 | -1.5% |
| Equity | 10/15 | €17,043,475 | €17,085,113 | +€41,638 | +0.2% |
| Contributions | 10/11 | €13,374,368 | €13,374,368 | = | 0.0% |
| Capital | 10 | €13,374,368 | €13,374,368 | = | 0.0% |
| Issued capital | 100 | €13,374,368 | €13,374,368 | = | 0.0% |
| Revaluation surpluses | 12 | €2,414,677 | €2,414,677 | = | 0.0% |
| Reserves | 13 | €100,714 | €102,795 | +€2,082 | +2.1% |
| Non-distributable reserves | 130/1 | €100,714 | €102,795 | +€2,082 | +2.1% |
| Legal reserve | 130 | €100,714 | €102,795 | +€2,082 | +2.1% |
| Profit (loss) carried forward | 14 | €1,153,716 | €1,193,273 | +€39,556 | +3.4% |
| Amounts payable | 17/49 | €23,839,254 | €23,164,551 | -€674,703 | -2.8% |
| Amounts payable within one year | 42/48 | €22,880,744 | €22,247,588 | -€633,157 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €1,166,648 | - | -€1.2m | |
| Trade debts | 44 | €833,963 | €384,783 | -€449,179 | -53.9% |
| Suppliers | 440/4 | €833,963 | €384,783 | -€449,179 | -53.9% |
| Other amounts payable | 47/48 | €20,880,134 | €21,862,804 | +€982,671 | +4.7% |
| Accrued charges and deferred income | 492/3 | €958,510 | €916,963 | -€41,546 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €851,663 | €817,292 | -€34,371 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,618 | -€21,618 | -€43,236 | |
| Other operating charges | 640/8 | €666,377 | €544,948 | -€121,430 | -18.2% |
| Non-recurring operating charges | 66A | €86,441 | - | -€86,441 | |
| Gross operating margin | 9900 | €2,571,974 | €2,454,985 | -€116,989 | -4.5% |
| Operating profit (loss) | 9901 | €945,875 | €1,114,363 | +€168,489 | +17.8% |
| Financial income | 75/76B | €108,853 | €125,589 | +€16,736 | +15.4% |
| Recurring financial income | 75 | €108,853 | €125,589 | +€16,736 | +15.4% |
| Financial charges | 65/66B | €86,817 | €1,198,314 | +€1.1m | +1,280% |
| Recurring financial charges | 65 | €86,817 | €1,198,314 | +€1.1m | +1,280% |
| Profit (loss) for the period before taxes | 9903 | €967,911 | €41,638 | -€926,273 | -95.7% |
| Profit (loss) for the period | 9904 | €967,911 | €41,638 | -€926,273 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €967,911 | €41,638 | -€926,273 | -95.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.