DE OOGSTER: 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
DE OOGSTER
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€37,675
2025 · €56,782-€19,106
Equity
€1.3m
2025 · €1.6m-€222,640
Cash
€11,819
2025 · €31,281-€19,462
Balance sheet total
€3.5m
2025 · €3.3m+€242,050
Largest movements
Assets
- Tangible fixed assets +€277,255
up €277,255 (+8.7%), from €3.2m to €3.5m
of which Assets under construction and advance payments: +€272,469
Equity and liabilities
- Debts after one year +€398,700
up €398,700 (+99.4%), from €401,300 to €800,000
of which Financial debts: +€400,000
- Reserves -€222,640
down €222,640 (-17.7%), from €1.3m to €1.0m
of which Distributable reserves: -€216,821
- Other debts +€62,665
up €62,665 (+5.2%), from €1.2m to €1.3m
Income statement
- Depreciation +€29,501
up €29,501 (+15.5%), from €190,327 to €219,828
- Financial charges +€22,882
up €22,882 (+30.0%), from €76,372 to €99,254
- Gross operating margin +€21,497
up €21,497 (+5.7%), from €373,881 to €395,379
- Taxes -€17,512
down €17,512 (-62.3%), from €28,108 to €10,596
From the 2025 result to the 2026 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 2025
€56,782
Gross operating margin
+€21,497
Depreciation
-€29,501
Other operating charges
-€2,590
Financial income
-€3,142
Financial charges
-€22,882
Taxes
+€17,512
Result 2026
€37,675
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€304,236
Investment
-€462,083
Financing
+€138,385
Cash 2025
€31,281
From operations (derived)
+€304,236
Net result for the year
+€37,675
Depreciation
+€219,828
Receivables within one year
-€20,523
Deferred charges and accrued income
+€1,266
Provisions
-€1,940
Trade debts
-€10,426
Tax, wage and social debts
-€17,848
Other debts
+€62,665
Accrued charges and deferred income
+€33,538
Investment (derived)
-€462,083
Investment in fixed assets (net)
-€497,083
Current investments
+€35,000
Financing
+€138,385
Debts after one year
+€398,700
Contributions, distributions and other
-€260,315
Cash 2026
€11,819
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,297,166 | €3,539,216 | +€242,050 | +7.3% |
| Fixed assets | 21/28 | €3,177,162 | €3,454,418 | +€277,255 | +8.7% |
| Tangible fixed assets | 22/27 | €3,177,162 | €3,454,418 | +€277,255 | +8.7% |
| Land and buildings | 22 | €2,939,492 | €2,962,275 | +€22,783 | +0.8% |
| Plant, machinery and equipment | 23 | €201,881 | €195,787 | -€6,095 | -3.0% |
| Furniture and vehicles | 24 | €35,789 | €23,887 | -€11,902 | -33.3% |
| Assets under construction and advance payments | 27 | - | €272,469 | +€272,469 | |
| Current assets | 29/58 | €120,004 | €84,798 | -€35,205 | -29.3% |
| Amounts receivable within one year | 40/41 | €52,456 | €72,979 | +€20,523 | +39.1% |
| Trade receivables | 40 | €52,456 | €25,338 | -€27,118 | -51.7% |
| Other amounts receivable | 41 | - | €47,641 | +€47,641 | |
| Current investments | 50/53 | €35,000 | €0 | -€35,000 | -100% |
| Cash at bank and in hand | 54/58 | €31,281 | €11,819 | -€19,462 | -62.2% |
| Deferred charges and accrued income | 490/1 | €1,266 | €0 | -€1,266 | -100% |
| Total equity and liabilities | 10/49 | €3,297,166 | €3,539,216 | +€242,050 | +7.3% |
| Equity | 10/15 | €1,571,864 | €1,349,224 | -€222,640 | -14.2% |
| Contributions | 10/11 | €311,466 | €311,466 | = | 0.0% |
| Capital | 10 | €311,466 | €311,466 | = | 0.0% |
| Issued capital | 100 | €311,466 | €311,466 | = | 0.0% |
| Reserves | 13 | €1,260,398 | €1,037,758 | -€222,640 | -17.7% |
| Non-distributable reserves | 130/1 | €39,843 | €39,843 | = | 0.0% |
| Legal reserve | 130 | €39,843 | €39,843 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,268 | €42,450 | -€5,819 | -12.1% |
| Distributable reserves | 133 | €1,172,287 | €955,465 | -€216,821 | -18.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €16,090 | €14,150 | -€1,940 | -12.1% |
| Deferred taxes | 168 | €16,090 | €14,150 | -€1,940 | -12.1% |
| Amounts payable | 17/49 | €1,709,213 | €2,175,842 | +€466,629 | +27.3% |
| Amounts payable after more than one year | 17 | €401,300 | €800,000 | +€398,700 | +99.4% |
| Financial debts | 170/4 | €400,000 | €800,000 | +€400,000 | +100% |
| Other amounts payable | 178/9 | €1,300 | €0 | -€1,300 | -100% |
| Amounts payable within one year | 42/48 | €1,249,201 | €1,283,593 | +€34,392 | +2.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,456 | €8,030 | -€10,426 | -56.5% |
| Suppliers | 440/4 | €18,456 | €8,030 | -€10,426 | -56.5% |
| Taxes, remuneration and social security | 45 | €18,152 | €305 | -€17,848 | -98.3% |
| Taxes | 450/3 | €18,152 | €305 | -€17,848 | -98.3% |
| Other amounts payable | 47/48 | €1,212,593 | €1,275,258 | +€62,665 | +5.2% |
| Accrued charges and deferred income | 492/3 | €58,711 | €92,249 | +€33,538 | +57.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,327 | €219,828 | +€29,501 | +15.5% |
| Other operating charges | 640/8 | €29,333 | €31,923 | +€2,590 | +8.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €373,881 | €395,379 | +€21,497 | +5.7% |
| Operating profit (loss) | 9901 | €154,222 | €143,628 | -€10,594 | -6.9% |
| Financial income | 75/76B | €5,100 | €1,958 | -€3,142 | -61.6% |
| Recurring financial income | 75 | €5,100 | €1,958 | -€3,142 | -61.6% |
| Financial charges | 65/66B | €76,372 | €99,254 | +€22,882 | +30.0% |
| Recurring financial charges | 65 | €76,372 | €99,254 | +€22,882 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | €82,950 | €46,332 | -€36,618 | -44.1% |
| Transfer from deferred taxes | 780 | €1,940 | €1,940 | = | 0.0% |
| Income taxes | 67/77 | €28,108 | €10,596 | -€17,512 | -62.3% |
| Profit (loss) for the period | 9904 | €56,782 | €37,675 | -€19,106 | -33.6% |
| Transfer from tax-exempt reserves | 789 | €5,819 | €5,819 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,600 | €43,494 | -€19,106 | -30.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.