WRW-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.
WRW-IMMO
Largest movements
- Receivables within one year +€120,785
up €120,785 (+47.5%), from €254,215 to €375,000
- Tangible fixed assets -€49,658
down €49,658 (-5.3%), from €943,507 to €893,849
- Other debts +€119,940
up €119,940 (+10.0%), from €1.2m to €1.3m
- Debts after one year -€100,771
down €100,771 (-27.3%), from €368,781 to €268,010
- Profit (loss) carried forward +€43,409
up €43,409 (+9.3%), from -€464,296 to -€420,888
- Financial charges -€10,282
down €10,282 (-33.1%), from €31,097 to €20,815
- Gross operating margin +€3,837
up €3,837 (+3.0%), from €129,493 to €133,330
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.
Cash bridge derived
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 | €1,227,096 | €1,291,087 | +€63,991 | +5.2% |
| Fixed assets | 21/28 | €943,507 | €893,849 | -€49,658 | -5.3% |
| Tangible fixed assets | 22/27 | €943,507 | €893,849 | -€49,658 | -5.3% |
| Land and buildings | 22 | €943,507 | €893,849 | -€49,658 | -5.3% |
| Current assets | 29/58 | €283,589 | €397,238 | +€113,649 | +40.1% |
| Amounts receivable within one year | 40/41 | €254,215 | €375,000 | +€120,785 | +47.5% |
| Other amounts receivable | 41 | €254,215 | €375,000 | +€120,785 | +47.5% |
| Cash at bank and in hand | 54/58 | €9,688 | €464 | -€9,224 | -95.2% |
| Deferred charges and accrued income | 490/1 | €19,686 | €21,774 | +€2,088 | +10.6% |
| Total equity and liabilities | 10/49 | €1,227,096 | €1,291,087 | +€63,991 | +5.2% |
| Equity | 10/15 | -€444,296 | -€400,888 | +€43,409 | +9.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€464,296 | -€420,888 | +€43,409 | +9.3% |
| Amounts payable | 17/49 | €1,671,392 | €1,691,974 | +€20,582 | +1.2% |
| Amounts payable after more than one year | 17 | €368,781 | €268,010 | -€100,771 | -27.3% |
| Financial debts | 170/4 | €368,781 | €268,010 | -€100,771 | -27.3% |
| Amounts payable within one year | 42/48 | €1,302,611 | €1,423,964 | +€121,353 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €99,358 | €100,771 | +€1,413 | +1.4% |
| Other amounts payable | 47/48 | €1,203,253 | €1,323,193 | +€119,940 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,658 | €49,658 | = | 0.0% |
| Other operating charges | 640/8 | €18,729 | €19,447 | +€718 | +3.8% |
| Gross operating margin | 9900 | €129,493 | €133,330 | +€3,837 | +3.0% |
| Operating profit (loss) | 9901 | €61,106 | €64,224 | +€3,118 | +5.1% |
| Financial charges | 65/66B | €31,097 | €20,815 | -€10,282 | -33.1% |
| Recurring financial charges | 65 | €31,097 | €20,815 | -€10,282 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €30,009 | €43,409 | +€13,400 | +44.7% |
| Profit (loss) for the period | 9904 | €30,009 | €43,409 | +€13,400 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,009 | €43,409 | +€13,400 | +44.7% |
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 9 October 2026 via checked.be.