WP Vastgoed: 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.
WP Vastgoed
Largest movements
- Cash +€33,122
up €33,122 (+97.3%), from €34,027 to €67,149
mainly Net result for the year (+€37,878) and Trade debts (+€21,780)
- Tangible fixed assets -€20,581
down €20,581 (-3.2%), from €640,903 to €620,323
of which Land and buildings: -€18,423
- Debts after one year -€44,198
down €44,198 (-9.3%), from €477,365 to €433,167
- Reserves +€37,878
up €37,878 (+38.4%), from €98,546 to €136,423
- Trade debts +€21,780
new in 2025: €21,780
- Taxes +€1,191
up €1,191 (+10.4%), from €11,435 to €12,626
- Other operating charges -€896
down €896 (-16.4%), from €5,470 to €4,574
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 | €675,995 | €692,387 | +€16,391 | +2.4% |
| Fixed assets | 21/28 | €640,903 | €620,323 | -€20,581 | -3.2% |
| Tangible fixed assets | 22/27 | €640,903 | €620,323 | -€20,581 | -3.2% |
| Land and buildings | 22 | €601,097 | €582,674 | -€18,423 | -3.1% |
| Plant, machinery and equipment | 23 | €39,806 | €37,649 | -€2,157 | -5.4% |
| Current assets | 29/58 | €35,092 | €72,064 | +€36,972 | +105% |
| Amounts receivable within one year | 40/41 | €1,065 | €4,915 | +€3,850 | +362% |
| Trade receivables | 40 | - | €4,915 | +€4,915 | |
| Other amounts receivable | 41 | €1,065 | - | -€1,065 | |
| Cash at bank and in hand | 54/58 | €34,027 | €67,149 | +€33,122 | +97.3% |
| Total equity and liabilities | 10/49 | €675,995 | €692,387 | +€16,391 | +2.4% |
| Equity | 10/15 | €148,546 | €186,423 | +€37,878 | +25.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €98,546 | €136,423 | +€37,878 | +38.4% |
| Distributable reserves | 133 | €98,546 | €136,423 | +€37,878 | +38.4% |
| Amounts payable | 17/49 | €527,450 | €505,963 | -€21,487 | -4.1% |
| Amounts payable after more than one year | 17 | €477,365 | €433,167 | -€44,198 | -9.3% |
| Financial debts | 170/4 | €477,365 | €433,167 | -€44,198 | -9.3% |
| Amounts payable within one year | 42/48 | €50,085 | €72,796 | +€22,711 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €43,370 | €44,198 | +€828 | +1.9% |
| Financial debts | 43 | - | €4,216 | +€4,216 | |
| Other loans | 439 | - | €4,216 | +€4,216 | |
| Trade debts | 44 | - | €21,780 | +€21,780 | |
| Suppliers | 440/4 | - | €21,780 | +€21,780 | |
| Taxes, remuneration and social security | 45 | €6,715 | €2,603 | -€4,112 | -61.2% |
| Taxes | 450/3 | €6,715 | €2,603 | -€4,112 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,581 | €20,581 | = | 0.0% |
| Other operating charges | 640/8 | €5,470 | €4,574 | -€896 | -16.4% |
| Gross operating margin | 9900 | €85,098 | €84,604 | -€493 | -0.6% |
| Operating profit (loss) | 9901 | €59,047 | €59,449 | +€403 | +0.7% |
| Financial charges | 65/66B | €8,288 | €8,946 | +€658 | +7.9% |
| Recurring financial charges | 65 | €8,288 | €8,946 | +€658 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €50,759 | €50,504 | -€256 | -0.5% |
| Income taxes | 67/77 | €11,435 | €12,626 | +€1,191 | +10.4% |
| Profit (loss) for the period | 9904 | €39,324 | €37,878 | -€1,446 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,324 | €37,878 | -€1,446 | -3.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.