IMMO OASE: what changed
What changed
IMMO OASE
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€25,802
2024 · €44,920-€19,118
Equity
€294,282
2024 · €268,480+€25,802
Cash
€59,065
2024 · €101,969-€42,905
Balance sheet total
€1.9m
2024 · €2.1m-€190,933
Largest movements
Assets
- Tangible fixed assets -€154,499
down €154,499 (-8.0%), from €1.9m to €1.8m
of which Land and buildings: -€107,952
- Cash -€42,905
down €42,905 (-42.1%), from €101,969 to €59,065
mainly Trade debts (-€111,903) and Debts after one year (-€110,509)
Equity and liabilities
- Trade debts -€111,903
down €111,903 (-97.9%), from €114,287 to €2,383
- Debts after one year -€110,509
down €110,509 (-10.1%), from €1.1m to €988,530
- Reserves +€25,802
up €25,802 (+10.3%), from €249,880 to €275,682
Income statement
- Gross operating margin -€15,564
down €15,564 (-5.4%), from €286,678 to €271,114
- Depreciation +€8,154
up €8,154 (+4.9%), from €167,083 to €175,236
- Financial charges -€2,919
down €2,919 (-6.3%), from €46,315 to €43,396
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€44,920
Gross operating margin
-€15,564
Depreciation
-€8,154
Other operating charges
-€1,060
Financial income
-€6
Financial charges
+€2,919
Taxes
+€2,747
Result 2025
€25,802
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€85,167
Investment
-€20,738
Financing
-€107,334
Cash 2024
€101,969
From operations (derived)
+€85,167
Net result for the year
+€25,802
Depreciation
+€175,236
Receivables within one year
-€6,827
Smaller working-capital items
+€396
Trade debts
-€111,903
Tax, wage and social debts
+€1,022
Other debts
+€1,440
Investment (derived)
-€20,738
Investment in fixed assets (net)
-€20,738
Financing
-€107,334
Debts after one year
-€110,509
Current portion of long-term debt
+€3,175
Cash 2025
€59,065
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,092,136 | €1,901,203 | -€190,933 | -9.1% |
| Fixed assets | 21/28 | €1,927,133 | €1,772,634 | -€154,499 | -8.0% |
| Tangible fixed assets | 22/27 | €1,927,083 | €1,772,585 | -€154,499 | -8.0% |
| Land and buildings | 22 | €1,312,537 | €1,204,585 | -€107,952 | -8.2% |
| Plant, machinery and equipment | 23 | €590,295 | €552,662 | -€37,633 | -6.4% |
| Furniture and vehicles | 24 | €24,251 | €15,337 | -€8,914 | -36.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €165,003 | €128,569 | -€36,435 | -22.1% |
| Amounts receivable within one year | 40/41 | €59,906 | €66,733 | +€6,827 | +11.4% |
| Trade receivables | 40 | €40,528 | €57,145 | +€16,617 | +41.0% |
| Other amounts receivable | 41 | €19,378 | €9,588 | -€9,790 | -50.5% |
| Cash at bank and in hand | 54/58 | €101,969 | €59,065 | -€42,905 | -42.1% |
| Deferred charges and accrued income | 490/1 | €3,128 | €2,771 | -€357 | -11.4% |
| Total equity and liabilities | 10/49 | €2,092,136 | €1,901,203 | -€190,933 | -9.1% |
| Equity | 10/15 | €268,480 | €294,282 | +€25,802 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €249,880 | €275,682 | +€25,802 | +10.3% |
| Distributable reserves | 133 | €249,880 | €275,682 | +€25,802 | +10.3% |
| Amounts payable | 17/49 | €1,823,656 | €1,606,921 | -€216,736 | -11.9% |
| Amounts payable after more than one year | 17 | €1,099,039 | €988,530 | -€110,509 | -10.1% |
| Financial debts | 170/4 | €1,099,039 | €988,530 | -€110,509 | -10.1% |
| Amounts payable within one year | 42/48 | €705,039 | €598,774 | -€106,266 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €116,409 | €119,585 | +€3,175 | +2.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €114,287 | €2,383 | -€111,903 | -97.9% |
| Suppliers | 440/4 | €114,287 | €2,383 | -€111,903 | -97.9% |
| Taxes, remuneration and social security | 45 | €2,588 | €3,611 | +€1,022 | +39.5% |
| Taxes | 450/3 | €900 | €1,922 | +€1,022 | +114% |
| Remuneration and social security | 454/9 | €1,688 | €1,688 | = | 0.0% |
| Other amounts payable | 47/48 | €471,755 | €473,195 | +€1,440 | +0.3% |
| Accrued charges and deferred income | 492/3 | €19,578 | €19,617 | +€39 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,083 | €175,236 | +€8,154 | +4.9% |
| Other operating charges | 640/8 | €17,177 | €18,237 | +€1,060 | +6.2% |
| Gross operating margin | 9900 | €286,678 | €271,114 | -€15,564 | -5.4% |
| Operating profit (loss) | 9901 | €102,418 | €77,640 | -€24,778 | -24.2% |
| Financial income | 75/76B | €86 | €80 | -€6 | -7.0% |
| Recurring financial income | 75 | €86 | €80 | -€6 | -7.0% |
| Financial charges | 65/66B | €46,315 | €43,396 | -€2,919 | -6.3% |
| Recurring financial charges | 65 | €46,315 | €43,396 | -€2,919 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €56,189 | €34,325 | -€21,865 | -38.9% |
| Income taxes | 67/77 | €11,269 | €8,522 | -€2,747 | -24.4% |
| Profit (loss) for the period | 9904 | €44,920 | €25,802 | -€19,118 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,920 | €25,802 | -€19,118 | -42.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.