ORSA IMMO (0428.036.749): financials and annual accounts

ORSA IMMO

Marche-en-Famenne ·KBO/BCE: BE 0428.036.749

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	3.1m	3.1m	3.2m	3.3m	3.4m	3.5m	3.6m	3.7m	3.7m	3.8m	8.9m	5.6m	6.0m	6.7m	8.3m	7.8m	8.0m	9.5m	8.1m	8.4m
Fixed assets`21/28`	643,581	234,000	767,108	800,841	613,924	189,454	203,019	209,319	259,319	609,319	431,439	500,439	500,439	500,439	500,439	513,226	513,226	2.2m	543,785	429,878
Tangible fixed assets`22/27`	-	-	557,108	534,841	291,924	164,454	153,019	109,319	109,319	109,319	131,439	200,439	200,439	200,439	200,439	213,226	213,226	1.9m	240,785	126,878
Land and buildings`22`	-	-	495,308	473,041	230,124	102,654	91,219	47,519	47,519	47,519	47,519	47,519	47,519	47,519	47,519	47,519	47,519	47,519	130,296	13,291
Other tangible fixed assets`26`	-	-	61,800	61,800	61,800	61,800	61,800	61,800	61,800	61,800	83,920	152,920	152,920	152,920	152,920	165,707	165,707	1.9m	110,489	113,587
Financial fixed assets`28`	643,581	234,000	210,000	266,000	322,000	25,000	50,000	100,000	150,000	500,000	300,000	300,000	300,000	300,000	300,000	300,000	300,000	303,133	303,000	303,000
Current assets`29/58`	2.4m	2.9m	2.4m	2.5m	2.8m	3.3m	3.4m	3.4m	3.5m	3.2m	8.5m	5.1m	5.5m	6.2m	7.8m	7.3m	7.5m	7.3m	7.5m	8.0m
Amounts receivable after more than one year`29`	475,808	456,308	-	116,593	292,393	547,018	732,098	913,308	1.1m	1.3m	1.5m	2.7m	3.1m	3.6m	3.9m	4.3m	4.6m	2.9m	3.2m	3.5m
Trade receivables`290`	-	-	-	-	-	547,018	732,098	913,308	1.1m	1.3m	1.5m	2.7m	3.1m	3.6m	3.9m	4.3m	4.6m	2.9m	3.2m	3.5m
Other amounts receivable`291`	475,808	456,308	-	116,593	292,393	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	137,251	175,843	277,956	380,148	245,341	264,158	256,968	249,736	544,278	286,383	533,643	935,958	884,630	833,141	811,925	835,343	710,328	536,571	475,057	494,481
Trade receivables`40`	67,066	68,646	146,545	192,298	85,491	64,578	65,758	62,776	146,406	81,030	61,469	521,115	473,685	438,242	436,894	453,399	373,284	194,204	67,316	121,923
Other amounts receivable`41`	70,185	107,198	131,412	187,850	159,850	199,580	191,210	186,960	397,871	205,353	472,174	414,843	410,944	394,899	375,031	381,943	337,044	342,367	407,742	372,558
Current investments`50/53`	1.8m	2.1m	2.0m	-	-	-	-	-	-	-	-	-	-	-	-	1.0m	2.0m	3.0m	3.5m	3.5m
Cash at bank and in hand`54/58`	50,339	147,969	130,165	2.0m	2.3m	2.5m	2.4m	2.3m	1.8m	1.6m	6.5m	1.4m	1.5m	1.8m	3.2m	1.1m	183,757	780,816	327,674	444,677
Deferred charges and accrued income`490/1`	1,252	7,612	11,702	1,528	4,191	4,117	2,605	2,592	2,917	2,915	3,971	14,047	16,364	3,221	3,442	7,981	5,125	11,199	25,171	29,822
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	3.1m	3.1m	3.2m	3.3m	3.4m	3.5m	3.6m	3.7m	3.7m	3.8m	8.9m	5.6m	6.0m	6.7m	8.3m	7.8m	8.0m	9.5m	8.1m	8.4m
Equity`10/15`	3.1m	3.1m	3.2m	3.3m	3.4m	3.5m	3.6m	3.6m	3.7m	3.8m	3.8m	3.8m	3.8m	3.8m	3.9m	3.9m	3.9m	3.9m	3.8m	3.9m
Contributions`10/11`	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m
Capital`10`	3.7m	3.7m	3.7m	3.7m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m	3.7m
Reserves`13`	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	96,184	94,748	91,877	85,888	84,337	84,274	79,415	73,057	69,070
Non-distributable reserves`130/1`	103,568	103,568	103,568	103,568	103,568	103,568	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	103,568	96,184	94,748	91,877	85,888	84,337	84,274	79,415	73,057	69,070
Profit (loss) carried forward`14`	-734,566	-719,111	-646,778	-532,250	-425,351	-349,210	-261,147	-184,970	-119,556	-64,292	16,343	16,053	13,771	9,227	95,429	65,955	64,770	72,440	1,640	90,886
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	15,000	10,000	10,000	10,000	10,000	-	-	-	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	15,000	10,000	10,000	10,000	10,000	-	-	-	-
Amounts payable`17/49`	826	18,873	11,738	11,757	12,686	15,400	12,281	18,615	14,139	19,460	5.1m	1.7m	2.2m	2.8m	4.4m	3.9m	4.2m	5.6m	4.3m	4.5m
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	4.5m	300,000	600,000	900,000	1.5m	680,000	1.2m	1.8m	746,983	1.0m
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	-	4.5m	300,000	600,000	900,000	1.5m	680,000	1.2m	1.8m	746,983	1.0m
Amounts payable within one year`42/48`	730	4,174	5,050	-	3,867	3,564	-	-	-	19,190	594,225	1.4m	1.6m	1.9m	2.9m	3.2m	3.0m	3.8m	3.5m	3.5m
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	300,000	300,000	300,000	620,000	620,000	505,000	580,000	580,000	260,000	340,000
Trade debts`44`	730	4,174	4,674	-	3,867	3,564	-	-	-	-	-	-	36,993	31,323	918	560,650	287,494	204,505	102,548	109,609
Suppliers`440/4`	730	4,174	4,674	-	3,867	3,564	-	-	-	-	-	-	36,993	31,323	918	560,650	287,494	204,505	102,548	109,609
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	-	-	1.1m	1.1m	1.1m	2.0m	2.0m	2.0m	3.0m	3.0m	3.0m
Taxes, remuneration and social security`45`	-	-	376	-	-	-	-	-	-	19,190	154,225	7,191	10,238	8,351	33,144	34,786	4,489	12,309	3,425	7,175
Taxes`450/3`	-	-	376	-	-	-	-	-	-	19,190	154,225	7,191	10,238	8,351	33,144	34,786	4,489	12,309	3,425	7,175
Other amounts payable`47/48`	-	-	-	-	-	-	-	-	-	-	140,000	25,000	150,000	200,000	200,000	99,998	100,000	50,000	165,000	80,000
Accrued charges and deferred income`492/3`	97	14,699	6,688	11,757	8,819	11,836	12,281	18,615	14,139	271	4,162	740	49	346	8,620	352	356	753	79	631
Income statement
Turnover`70`	-	-	-	-	14,092	2,500	2,500	2,500	2,500	2,500	41,992	2,500	2,500	7,466	25,270	2,500	2,500	13,779	20,586	19,535
Non-recurring operating income`76A`	-	-	-	-	25,880	-	-	-	-	-	60,405	-	-	-	183,562	-	-	34,023	-	-
Gross operating margin`9900`	-79,283	-167,028	-162,339	-148,460	-84,350	-119,817	-117,507	-120,991	-88,737	-90,087	-38,118	-73,187	-69,212	-43,484	-34,169	-35,179	-75,320	-60,335	-71,617	-90,641
Goods, raw materials, services and sundry goods`60/61`	79,283	178,838	173,689	158,817	150,856	148,655	145,972	148,933	142,324	138,381	152,116	138,226	142,687	133,448	106,179	102,080	107,943	114,713	123,279	136,346
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	204
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-	-9,284	9,284	-	-22,660	40,694	75,075	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-15,000	5,000	-	-	-	10,000	-	-	-	-
Other operating charges`640/8`	2,366	13,190	12,558	11,446	40,456	27,555	27,042	26,380	58,637	75,726	73,001	63,662	72,483	50,539	61,770	93,773	31,564	42,149	34,428	40,343
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	5,000	-	-	-	-	-	-	16,270	-
Operating profit (loss)`9901`	-81,649	-180,217	-174,897	-159,906	-124,806	-147,372	-144,549	-147,372	-147,373	-165,813	-86,836	-151,133	-141,695	-71,363	-136,634	-214,028	-106,883	-102,484	-106,045	-131,188
Financial income`75/76B`	67,170	109,082	61,425	53,782	50,200	59,931	68,876	82,514	96,934	103,644	194,837	212,885	241,558	259,149	265,641	295,748	303,780	276,457	252,676	419,316
Recurring financial income`75`	67,170	109,082	61,425	53,782	50,200	59,931	68,876	82,514	96,934	103,644	194,837	212,885	241,558	259,149	265,641	295,748	303,780	276,457	252,676	419,316
Financial charges`65/66B`	975	1,198	1,057	775	1,535	623	503	557	4,825	18,466	20,731	28,035	42,448	67,998	81,543	80,473	96,546	80,839	50,620	157,274
Recurring financial charges`65`	975	1,198	1,057	775	1,535	623	503	557	4,825	18,466	20,731	28,035	42,448	67,998	81,543	80,473	96,546	80,839	50,620	157,274
Profit (loss) for the period before taxes`9903`	-15,454	-72,333	-114,528	-106,899	-76,141	-88,063	-76,176	-65,414	-55,264	-80,636	147,675	28,717	57,415	119,787	231,026	1,247	100,351	127,158	79,741	130,854
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,161	-	-	3,970
Profit (loss) for the period`9904`	-15,454	-72,333	-114,528	-106,899	-76,141	-88,063	-76,176	-65,414	-55,264	-80,636	147,675	28,717	57,415	119,787	231,026	1,247	97,190	127,158	79,741	126,884
Profit (loss) for the period to be appropriated`9905`	-15,454	-72,333	-114,528	-106,899	-76,141	-88,063	-76,176	-65,414	-55,264	-80,636	147,675	28,717	57,415	119,787	231,026	1,247	97,190	127,158	79,741	126,884
Appropriation of the result
Profit (loss) to be appropriated`9906`	-734,566	-719,111	-646,778	-532,250	-425,351	-349,210	-261,147	-184,970	-119,556	-64,292	163,727	42,489	66,642	215,216	296,981	66,017	169,630	128,798	170,627	177,230
Profit (loss) brought forward from the previous period`14P`	-719,111	-646,778	-532,250	-425,351	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	7,384	1,436	2,871	5,989	1,551	62	4,859	6,358	3,987	6,344
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	7,384	1,436	2,871	5,989	1,551	62	4,859	6,358	3,987	6,344
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	-	140,000	25,000	50,000	200,000	200,000	-	100,000	50,000	165,000	80,000
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	-	-	-	140,000	25,000	50,000	200,000	200,000	-	100,000	50,000	165,000	80,000
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	08-04-2026	2026-00074702	PDF
31-12-2024	full format	31-03-2025	2025-00060354	PDF
31-12-2023	full format	10-04-2024	2024-00062281	PDF
31-12-2022	full format	26-04-2023	2023-00069059	PDF
31-12-2021	full format	28-03-2022	2022-09400125	PDF
31-12-2020	full format	30-03-2021	2021-09100017	PDF
31-12-2019	full format	15-04-2020	2020-09400063	PDF
31-12-2018	full format	03-04-2019	2019-09500395	PDF
31-12-2017	full format	28-03-2018	2018-08400425	PDF
31-12-2016	full format	07-04-2017	2017-09200304	PDF
31-12-2015	full format	04-04-2016	2016-09300017	PDF
31-12-2014	full format	31-03-2015	2015-08600570	PDF
31-12-2013	full format	02-04-2014	2014-08400234	PDF
31-12-2012	full format	22-04-2013	2013-09300538	PDF
31-12-2011	full format	18-04-2012	2012-09000369	PDF
31-12-2010	full format	06-04-2011	2011-08100087	PDF
31-12-2009	full format	30-03-2010	2010-08200248	PDF
31-12-2008	full format	06-04-2009	2009-10600024	PDF
31-12-2007	full format	15-04-2008	2008-10500392	PDF
31-12-2006	full format	03-05-2007	2007-13300384	PDF
31-12-2005	full format	27-04-2006	2006-12503399	PDF
31-12-2004	full format	29-03-2005	2005-09303370	PDF
31-12-2003	full format	06-04-2004	2004-10403773	PDF
31-12-2002	full format	26-03-2003	2003-08601525	PDF
31-12-2001	full format	31-05-2002	2002-15804429	PDF
31-12-2000	full format	31-05-2001	2001-16100852	PDF
31-12-1999	full format	22-05-2000	2000-14403586	PDF
31-12-1998	full format	27-05-1999	1999-12500309	PDF
31-12-1997	full format	19-05-1998	1998-10302147	PDF
31-12-1996	full format	01-07-1997	1997-26003608	PDF
31-12-1995	full format	24-05-1996	1996-10002837	PDF
31-12-1994	full format	02-06-1995	1995-11504007	PDF
31-12-1993	full format	17-06-1994	1994-16504184	PDF
31-12-1992	full format	04-06-1993	1993-29900441	PDF
31-12-1991	full format	15-06-1992	1992-10702740	PDF
31-12-1990	unclassified schema	04-06-1991	1991-07405135	PDF
31-12-1989	unclassified schema	09-11-1990	1990-27501867	PDF
31-12-1988	unclassified schema	20-06-1989	1989-09403850	PDF
31-12-1987	unclassified schema	07-06-1988	1988-06405114	PDF
31-12-1986	unclassified schema	11-06-1987	1987-09204430	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Investment in fixed assets	465,581	80,000	22,447	242,916	524,989	11,435	43,700	-	190,000	200,000	-	-	-	-	-	-	61,800	1.7m	117,005	888,516
Change in cash	-97,630	17,804	-1.9m	-251,087	-229,958	104,999	97,754	460,889	224,115	-4.9m	5.1m	-56,211	-288,099	-1.4m	2.0m	965,634	-597,058	453,142	-117,003	-
Solvency	100.0%	99.4%	99.6%	99.6%	99.6%	99.6%	99.7%	99.5%	99.6%	99.5%	43.0%	68.7%	63.6%	57.3%	46.8%	49.8%	48.1%	40.8%	46.9%	46.0%
ROE	-0.5%	-2.3%	-3.6%	-3.2%	-2.2%	-2.5%	-2.1%	-1.8%	-1.5%	-2.1%	3.8%	0.7%	1.5%	3.1%	5.9%	0.0%	2.5%	3.3%	2.1%	3.3%
ROA	-0.5%	-2.3%	-3.6%	-3.2%	-2.2%	-2.5%	-2.1%	-1.8%	-1.5%	-2.1%	1.7%	0.5%	1.0%	1.8%	2.8%	0.0%	1.2%	1.3%	1.0%	1.5%

Item	2025	2024	2023	2022
Tangible fixed assets	-	-	€22,447	€242,916
Financial fixed assets	€465,581	€80,000	-	-

ORSA IMMO

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency100.0%

Return on assets-0.5%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on ORSA IMMO

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