WRight Estates: 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.
What changed
WRight Estates
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€61,583
2024 · -€135,548+€73,965
Equity
€436,830
2024 · €498,413-€61,583
Cash
€106,056
2024 · €64,795+€41,261
Balance sheet total
€12.3m
2024 · €10.5m+€1.8m
Largest movements
Assets
- Stocks and contracts +€1.0m
up €1.0m (+18.5%), from €5.5m to €6.5m
- Tangible fixed assets +€808,169
up €808,169 (+204%), from €395,277 to €1.2m
Equity and liabilities
- Debts after one year +€1.3m
up €1.3m (+38.9%), from €3.3m to €4.6m
- Other debts +€824,281
up €824,281 (+13.2%), from €6.2m to €7.1m
- Short-term financial debts -€307,000
down €307,000 (-100%), from €307,000 to €0
Income statement
- Gross operating margin +€175,845
up €175,845 (+4,574%), from €3,844 to €179,689
- Financial charges +€48,812
up €48,812 (+37.3%), from €130,987 to €179,799
- Other operating charges +€27,936
up €27,936 (+107%), from €26,014 to €53,950
- Financial income -€17,427
down €17,427 (-82.3%), from €21,171 to €3,744
- Depreciation +€7,704
up €7,704 (+216%), from €3,563 to €11,267
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.
Result 2024
-€135,548
Gross operating margin
+€175,845
Depreciation
-€7,704
Other operating charges
-€27,936
Financial income
-€17,427
Financial charges
-€48,812
Result 2025
-€61,583
raises the resultlowers the result
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.
From operations
-€94,301
Investment
-€819,437
Financing
+€954,998
Cash 2024
€64,795
From operations (derived)
-€94,301
Net result for the year
-€61,583
Depreciation
+€11,267
Stocks and contracts
-€1.0m
Receivables within one year
+€86,982
Deferred charges and accrued income
+€2,886
Trade debts
+€10,121
Other debts
+€824,281
Accrued charges and deferred income
+€51,042
Investment (derived)
-€819,437
Investment in fixed assets (net)
-€819,437
Financing
+€954,998
Debts after one year
+€1.3m
Current portion of long-term debt
-€33,275
Short-term financial debts
-€307,000
Cash 2025
€106,056
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,476,648 | €12,255,508 | +€1.8m | +17.0% |
| Fixed assets | 21/28 | €4,408,821 | €5,216,990 | +€808,169 | +18.3% |
| Tangible fixed assets | 22/27 | €395,277 | €1,203,446 | +€808,169 | +204% |
| Land and buildings | 22 | €395,277 | €1,203,446 | +€808,169 | +204% |
| Financial fixed assets | 28 | €4,013,544 | €4,013,544 | = | 0.0% |
| Current assets | 29/58 | €6,067,827 | €7,038,517 | +€970,690 | +16.0% |
| Stocks and contracts in progress | 3 | €5,512,491 | €6,531,787 | +€1.0m | +18.5% |
| Stocks | 30/36 | €5,512,491 | €6,531,787 | +€1.0m | +18.5% |
| Amounts receivable within one year | 40/41 | €480,228 | €393,246 | -€86,982 | -18.1% |
| Trade receivables | 40 | €3,194 | €1,307 | -€1,887 | -59.1% |
| Other amounts receivable | 41 | €477,034 | €391,939 | -€85,095 | -17.8% |
| Cash at bank and in hand | 54/58 | €64,795 | €106,056 | +€41,261 | +63.7% |
| Deferred charges and accrued income | 490/1 | €10,314 | €7,428 | -€2,886 | -28.0% |
| Total equity and liabilities | 10/49 | €10,476,648 | €12,255,508 | +€1.8m | +17.0% |
| Equity | 10/15 | €498,413 | €436,830 | -€61,583 | -12.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €613,961 | €613,961 | = | 0.0% |
| Distributable reserves | 133 | €613,961 | €613,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,548 | -€197,131 | -€61,583 | -45.4% |
| Amounts payable | 17/49 | €9,978,235 | €11,818,678 | +€1.8m | +18.4% |
| Amounts payable after more than one year | 17 | €3,329,000 | €4,624,273 | +€1.3m | +38.9% |
| Financial debts | 170/4 | €3,329,000 | €4,624,273 | +€1.3m | +38.9% |
| Amounts payable within one year | 42/48 | €6,579,843 | €7,073,970 | +€494,127 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €33,275 | €0 | -€33,275 | -100% |
| Financial debts | 43 | €307,000 | €0 | -€307,000 | -100% |
| Credit institutions | 430/8 | €307,000 | €0 | -€307,000 | -100% |
| Trade debts | 44 | €250 | €10,371 | +€10,121 | +4,048% |
| Suppliers | 440/4 | €250 | €10,371 | +€10,121 | +4,048% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,239,318 | €7,063,599 | +€824,281 | +13.2% |
| Accrued charges and deferred income | 492/3 | €69,393 | €120,434 | +€51,042 | +73.6% |
| Non-recurring operating income | 76A | €5,869 | €0 | -€5,869 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,563 | €11,267 | +€7,704 | +216% |
| Other operating charges | 640/8 | €26,014 | €53,950 | +€27,936 | +107% |
| Gross operating margin | 9900 | €3,844 | €179,689 | +€175,845 | +4,574% |
| Operating profit (loss) | 9901 | -€25,732 | €114,472 | +€140,205 | |
| Financial income | 75/76B | €21,171 | €3,744 | -€17,427 | -82.3% |
| Recurring financial income | 75 | €21,171 | €3,744 | -€17,427 | -82.3% |
| Financial charges | 65/66B | €130,987 | €179,799 | +€48,812 | +37.3% |
| Recurring financial charges | 65 | €130,987 | €179,799 | +€48,812 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | -€135,548 | -€61,583 | +€73,965 | +54.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€135,548 | -€61,583 | +€73,965 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,548 | -€61,583 | +€73,965 | +54.6% |
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 18 October 2026 via checked.be.