ALMIVER OOSTENDE: 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
ALMIVER OOSTENDE
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€39,752
2024 · -€38,143+€77,895
Equity
€1.4m
2024 · €1.3m+€39,752
Cash
€48,032
2024 · €21,395+€26,636
Balance sheet total
€3.8m
2024 · €4.1m-€286,558
Largest movements
Assets
- Tangible fixed assets -€282,439
down €282,439 (-7.0%), from €4.0m to €3.8m
of which Land and buildings: -€282,439
Equity and liabilities
- Debts after one year -€334,310
down €334,310 (-14.5%), from €2.3m to €2.0m
of which Financial debts: -€334,310
- Other debts +€85,159
up €85,159 (+175%), from €48,800 to €133,959
- Trade debts -€81,684
down €81,684 (-94.0%), from €86,896 to €5,211
Income statement
- Financial charges -€49,501
down €49,501 (-51.6%), from €95,846 to €46,346
- Gross operating margin +€20,879
up €20,879 (+5.4%), from €386,384 to €407,262
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
-€38,143
Gross operating margin
+€20,879
Depreciation
+€3,597
Other operating charges
+€3,919
Financial charges
+€49,501
Result 2025
€39,752
raises 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
+€359,439
Investment
-€2,338
Financing
-€330,465
Cash 2024
€21,395
From operations (derived)
+€359,439
Net result for the year
+€39,752
Depreciation
+€284,777
Receivables within one year
+€12,764
Deferred charges and accrued income
+€17,992
Trade debts
-€81,684
Smaller working-capital items
+€680
Other debts
+€85,159
Investment (derived)
-€2,338
Investment in fixed assets (net)
-€2,338
Financing
-€330,465
Debts after one year
-€334,310
Current portion of long-term debt
+€3,846
Cash 2025
€48,032
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,091,607 | €3,805,049 | -€286,558 | -7.0% |
| Fixed assets | 21/28 | €4,035,109 | €3,752,670 | -€282,439 | -7.0% |
| Tangible fixed assets | 22/27 | €4,035,109 | €3,752,670 | -€282,439 | -7.0% |
| Land and buildings | 22 | €4,035,109 | €3,752,670 | -€282,439 | -7.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €56,498 | €52,379 | -€4,119 | -7.3% |
| Amounts receivable within one year | 40/41 | €17,111 | €4,347 | -€12,764 | -74.6% |
| Trade receivables | 40 | €16,239 | €4,347 | -€11,892 | -73.2% |
| Other amounts receivable | 41 | €872 | €0 | -€872 | -100% |
| Cash at bank and in hand | 54/58 | €21,395 | €48,032 | +€26,636 | +124% |
| Deferred charges and accrued income | 490/1 | €17,992 | €0 | -€17,992 | -100% |
| Total equity and liabilities | 10/49 | €4,091,607 | €3,805,049 | -€286,558 | -7.0% |
| Equity | 10/15 | €1,313,805 | €1,353,557 | +€39,752 | +3.0% |
| Contributions | 10/11 | €1,163,293 | €1,163,293 | = | 0.0% |
| Capital | 10 | €1,163,244 | €1,163,244 | = | 0.0% |
| Issued capital | 100 | €1,163,244 | €1,163,244 | = | 0.0% |
| Contributions outside capital | 11 | €49 | €49 | = | 0.0% |
| Share premium | 1100/10 | €49 | €49 | = | 0.0% |
| Reserves | 13 | €150,512 | €190,264 | +€39,752 | +26.4% |
| Non-distributable reserves | 130/1 | €6,200 | €8,188 | +€1,988 | +32.1% |
| Legal reserve | 130 | €6,200 | €8,188 | +€1,988 | +32.1% |
| Tax-exempt reserves | 132 | €49,586 | €49,586 | = | 0.0% |
| Distributable reserves | 133 | €94,726 | €132,491 | +€37,764 | +39.9% |
| Amounts payable | 17/49 | €2,777,802 | €2,451,492 | -€326,310 | -11.7% |
| Amounts payable after more than one year | 17 | €2,309,714 | €1,975,403 | -€334,310 | -14.5% |
| Financial debts | 170/4 | €2,309,714 | €1,975,403 | -€334,310 | -14.5% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €468,089 | €475,400 | +€7,312 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €332,383 | €336,228 | +€3,846 | +1.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €86,896 | €5,211 | -€81,684 | -94.0% |
| Suppliers | 440/4 | €86,896 | €5,211 | -€81,684 | -94.0% |
| Taxes, remuneration and social security | 45 | €10 | €2 | -€8 | -81.6% |
| Taxes | 450/3 | €10 | €2 | -€8 | -81.6% |
| Other amounts payable | 47/48 | €48,800 | €133,959 | +€85,159 | +175% |
| Accrued charges and deferred income | 492/3 | - | €689 | +€689 | |
| Non-recurring operating income | 76A | - | €10,394 | +€10,394 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,373 | €284,777 | -€3,597 | -1.2% |
| Other operating charges | 640/8 | €40,307 | €36,388 | -€3,919 | -9.7% |
| Gross operating margin | 9900 | €386,384 | €407,262 | +€20,879 | +5.4% |
| Operating profit (loss) | 9901 | €57,703 | €86,098 | +€28,395 | +49.2% |
| Financial charges | 65/66B | €95,846 | €46,346 | -€49,501 | -51.6% |
| Recurring financial charges | 65 | €95,846 | €46,346 | -€49,501 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | -€38,143 | €39,752 | +€77,895 | |
| Profit (loss) for the period | 9904 | -€38,143 | €39,752 | +€77,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,143 | €39,752 | +€77,895 |
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 1 November 2026 via checked.be.