OCIMMO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 39 filings
Turnover
≈ €68,000
Estimated: probably between €23,000 and €120,000
EBIT margin
Not included in this filing
Net result
-€615
2024 · €10,736
Working capital
-€53,331▲ 9.5%
2024 · -€58,918
In the rankings
#6 oldest company in La Louvière, Real estate sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€2,916
▼ 79.5%
2025
20182025
Net result
-€615
2025
middle half of the sector
20182025
Equity
€60,556
▼ 1.0%
2025
middle half of the sector
20182025
Total assets
€140,105
▲ 12.3%
2025
middle half of the sector
20182025
Debt
€79,549
▲ 25.2%
2025
20182025
Working capital
-€53,331
▲ 9.5%
2025
middle half of the sector
20182025
Solvency
43.2%
▼ 5.8pp
2025
middle half of the sector
20182025
Current ratio
0.33
▲ 0.26
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-0.4%
▼ 9.0pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€7,218-€17,872▲ 148%-€22,021€29,303€13,736▼ 53.1%-€12,411€14,225€2,916▼ 79.5%
Net result-€543-€8,485-€27,478below the sector's middle half€26,155within the sector's middle half€7,796within the sector's middle half▼ 70.2%-€7,229within the sector's middle half€10,736within the sector's middle half-€615within the sector's middle half
Equity€42,706-€51,191▲ 19.9%€23,713below the sector's middle half▼ 53.7%€49,868within the sector's middle half▲ 110%€57,664below the sector's middle half▲ 15.6%€50,435below the sector's middle half▼ 12.5%€61,171within the sector's middle half▲ 21.3%€60,556within the sector's middle half▼ 1.0%
Total assets€313,287-€297,280▼ 5.1%€160,134below the sector's middle half▼ 46.1%€152,634below the sector's middle half▼ 4.7%€129,516below the sector's middle half▼ 15.1%€139,877below the sector's middle half▲ 8.0%€124,732below the sector's middle half▼ 10.8%€140,105within the sector's middle half▲ 12.3%
Debt€270,581-€246,089▼ 9.1%€136,420▼ 44.6%€102,766▼ 24.7%€71,852▼ 30.1%€89,443▲ 24.5%€63,561▼ 28.9%€79,549▲ 25.2%
Working capital-€23,834--€33,048▼ 38.7%-€20,247within the sector's middle half▲ 38.7%-€1,398within the sector's middle half▲ 93.1%€7,550within the sector's middle half-€58,678within the sector's middle half-€58,918within the sector's middle half▼ 0.4%-€53,331within the sector's middle half▲ 9.5%
Solvency13.6%-17.2%▲ 3.6pp14.8%within the sector's middle half▼ 2.4pp32.7%within the sector's middle half▲ 17.9pp44.5%within the sector's middle half▲ 11.9pp36.1%within the sector's middle half▼ 8.5pp49.0%within the sector's middle half▲ 13.0pp43.2%within the sector's middle half▼ 5.8pp
Current ratio0.85-0.78▼ 0.070.65within the sector's middle half▼ 0.130.97within the sector's middle half▲ 0.311.24within the sector's middle half▲ 0.270.15below the sector's middle half▼ 1.090.07below the sector's middle half▼ 0.080.33below the sector's middle half▲ 0.26
Return on assets (ROA)-0.2%-2.9%▲ 3.0pp-17.2%below the sector's middle half▼ 20.0pp17.1%above the sector's middle half▲ 34.3pp6.0%above the sector's middle half▼ 11.1pp-5.2%below the sector's middle half▼ 11.2pp8.6%above the sector's middle half▲ 13.8pp-0.4%within the sector's middle half▼ 9.0pp
Staff (FTE)0below the sector's middle half0within the sector's middle half0below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 79% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140,105
Fixed assets
€113,887 ▼ 5.2%
Current assets
€26,218 ▲ 465%
Equity and liabilities €140,105
Equity
€60,556 ▼ 1.0%
Debt
€79,549 ▲ 25.2%
Debt's share of the balance-sheet total rises from 51.0% to 56.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12,276▼
2024 · €23,553
Cash flow
€8,744▼
2024 · €20,065
Debt to equity
1.31▲
2024 · 1.04
ROE
-1.0%▼
2024 · 17.6%
Interest coverage
18.38▼
2024 · 19.71
Debt ≤ 1 year
€79,549▲
2024 · €63,561
Income taxes
€2,864▲
2024 · €2,294
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €36,374 | €6,554 | €44,600 | - | €3,158 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €2,767 | €4,425 | €5,357 | €9,328 | €9,359 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,703 | - | €235 | €2,767 | €4,425 | €5,357 | €9,328 | €9,359 | ▲ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7,365 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €3,359 | €4,655 | €3,414 | €3,544 | €3,649 | ▲ 3.0% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | €6,225 | €0 | ▼ 100% |
| Gross operating margin9900 | €12,697 | €18,520 | €118,137 | €42,794 | €22,817 | -€3,640 | €33,322 | €15,925 | ▼ 52.2% |
| Operating profit (loss)9901 | €7,218 | €17,872 | -€22,021 | €29,303 | €13,736 | -€12,411 | €14,225 | €2,916 | ▼ 79.5% |
| Financial income75/76B | - | - | - | €12 | €1,149 | €7,119 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €42 | €12 | €1,149 | €7,119 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €3,160 | €2,199 | €1,937 | €1,195 | €668 | ▼ 44.1% |
| Recurring financial charges65 | €6,512 | €5,468 | €5,500 | €3,160 | €2,199 | €1,937 | €1,195 | €668 | ▼ 44.1% |
| Profit (loss) for the period before taxes9903 | €706 | €12,404 | -€27,478 | €26,155 | €12,686 | -€7,229 | €13,030 | €2,248 | ▼ 82.7% |
| Income taxes67/77 | €1,249 | €3,919 | €0 | - | €4,890 | €0 | €2,294 | €2,864 | ▲ 24.8% |
| Profit (loss) for the period9904 | -€543 | €8,485 | -€27,478 | €26,155 | €7,796 | -€7,229 | €10,736 | -€615 | - |
| Profit (loss) for the period to be appropriated9905 | -€543 | €8,485 | -€27,478 | €26,155 | €7,796 | -€7,229 | €10,736 | -€615 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €313,287 | €297,280 | €160,134 | €152,634 | €129,516 | €139,877 | €124,732 | €140,105 | ▲ 12.3% |
| Fixed assets21/28 | €180,410 | €180,410 | €121,939 | €110,545 | €90,174 | €129,417 | €120,089 | €113,887 | ▼ 5.2% |
| Tangible fixed assets22/27 | €180,000 | €180,000 | €121,528 | €110,135 | €89,763 | €129,007 | €119,678 | €113,477 | ▼ 5.2% |
| Land and buildings22 | - | - | - | €72,440 | €49,765 | €49,590 | €49,415 | €49,239 | ▼ 0.4% |
| Plant, machinery and equipment23 | - | - | - | €37,694 | €39,998 | €35,305 | €30,613 | €29,046 | ▼ 5.1% |
| Other tangible fixed assets26 | - | - | - | - | - | €44,111 | €39,651 | €35,191 | ▼ 11.2% |
| Financial fixed assets28 | €410 | €410 | €410 | €410 | €410 | €410 | €410 | €410 | = |
| Current assets29/58 | €132,877 | €116,870 | €38,195 | €42,089 | €39,342 | €10,460 | €4,644 | €26,218 | ▲ 465% |
| Amounts receivable within one year40/41 | €128,263 | €115,547 | €14,642 | €28,936 | €14,606 | €6,286 | €596 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €27,788 | €13,798 | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €1,148 | €808 | €6,286 | €596 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €3,708 | €574 | €22,443 | €12,216 | €22,982 | €2,331 | €2,171 | €23,420 | ▲ 979% |
| Deferred charges and accrued income490/1 | - | - | - | €937 | €1,754 | €1,844 | €1,877 | €2,797 | ▲ 49.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €313,287 | €297,280 | €160,134 | €152,634 | €129,516 | €139,877 | €124,732 | €140,105 | ▲ 12.3% |
| Equity10/15 | €42,706 | €51,191 | €23,713 | €49,868 | €57,664 | €50,435 | €61,171 | €60,556 | ▼ 1.0% |
| Contributions10/11 | €18,593 | €18,593 | - | €18,593 | €18,593 | €18,593 | €18,593 | €18,593 | = |
| Reserves13 | €9,315 | €9,315 | €9,315 | €9,315 | €9,315 | €9,315 | €9,315 | €9,315 | = |
| Non-distributable reserves130/1 | - | - | - | €2,062 | €2,062 | €2,062 | €2,062 | €2,062 | = |
| Reserves not available under the articles1311 | - | - | - | €2,062 | €2,062 | €2,062 | €2,062 | €2,062 | = |
| Tax-exempt reserves132 | - | - | - | €7,253 | €7,253 | €7,253 | €7,253 | €7,253 | = |
| Profit (loss) carried forward14 | €14,798 | €23,283 | -€4,195 | €21,960 | €29,756 | €22,526 | €33,263 | €32,647 | ▼ 1.9% |
| Amounts payable17/49 | €270,581 | €246,089 | €136,420 | €102,766 | €71,852 | €89,443 | €63,561 | €79,549 | ▲ 25.2% |
| Amounts payable after more than one year17 | €113,870 | €96,171 | €77,978 | €59,279 | €40,060 | €20,305 | €0 | - | - |
| Financial debts170/4 | - | - | - | €59,279 | €40,060 | €20,305 | €0 | - | - |
| Amounts payable within one year42/48 | €156,711 | €149,918 | €58,442 | €43,487 | €31,792 | €69,138 | €63,561 | €79,549 | ▲ 25.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,699 | €19,220 | €19,755 | €20,305 | €0 | ▼ 100% |
| Trade debts44 | €95,688 | €101,857 | €26,761 | €6,763 | €7,316 | €44,493 | €1,812 | €2,482 | ▲ 37.0% |
| Suppliers440/4 | - | - | - | €6,763 | €7,316 | €44,493 | €1,812 | €2,482 | ▲ 37.0% |
| Advances received on contracts in progress46 | - | - | - | €18,025 | €0 | - | - | €32,550 | - |
| Taxes, remuneration and social security45 | - | - | - | €0 | €5,256 | €4,890 | €2,294 | €5,303 | ▲ 131% |
| Taxes450/3 | - | - | - | €0 | €5,256 | €4,890 | €2,294 | €5,303 | ▲ 131% |
| Other amounts payable47/48 | - | - | - | - | - | - | €39,150 | €39,214 | ▲ 0.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€543 | €8,485 | -€27,478 | €26,155 | €7,796 | -€7,229 | €10,736 | -€615 | - |
| + Depreciation and write-downs630 | €2,703 | - | €235 | €2,767 | €4,425 | €5,357 | €9,328 | €9,359 | ▲ 0.3% |
| Operating cash flow (approximation) | €2,160 | €8,485 | -€27,243 | €28,922 | €12,221 | -€1,872 | €20,065 | €8,744 | ▼ 56.4% |
| Investment in fixed assets (approximation) | - | €0 | €58,237 | €8,626 | €15,946 | -€44,600 | €0 | -€3,158 | - |
| Change in cash | - | -€3,133 | €21,869 | -€10,227 | €10,766 | -€20,651 | -€160 | €21,250 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as OCIMMO has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
90.3%
was still going
8.6%
stopped otherwise
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OCIMMO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for OCIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00246555 | |
| 31-12-2024 | full format | 30-07-2025 | 2025-00349702 | |
| 31-12-2023 | abbreviated format | 09-06-2026 | 2026-00146178 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00336250 | |
| 31-12-2022 | full format | 31-07-2023 | 2023-00318995 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20266694 | |
| 31-12-2020 | full format | 28-07-2021 | 2021-45000129 | |
| 31-12-2019 | micro format | 16-09-2020 | 2020-53800371 | |
| 31-12-2018 | micro format | 15-07-2019 | 2019-32700438 | |
| 31-12-2017 | micro format | 04-07-2018 | 2018-29300482 |