Once a year the manager must account for every euro: the annual accounts show what the community earned and spent – and whether you owe a top-up or get money back.

"After the end of the calendar year, the apartment owners resolve on demanding additional contributions or adjusting the resolved advances. For this purpose, the manager shall prepare an account of the budget (annual accounts)."

— § 28 (2) WEG (translated)

The three core parts

  • Overall account: all actual income and expenditure – a pure cash-flow statement.
  • Individual account: your share under the applicable allocation key.
  • Asset report (§ 28 (4) WEG): reserves and community assets at year end.

Errors worth objecting to

  • Deviation from the resolved allocation key without a resolution behind it.
  • Untraceable reserve withdrawals or a missing asset report.
  • Mixing the maintenance reserve with the operating account.

Note that since the WEG reform, owners only vote on the balance – top-ups and adjustments – not on the figures themselves. The challenge window is one month (§ 45 WEG). You may inspect receipts at any time; a digital property record like eigentumwerk's makes that a one-click exercise.