O.P.L. IMMO: 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.
O.P.L. IMMO
Largest movements
- Tangible fixed assets +€702,817
up €702,817 (+39.8%), from €1.8m to €2.5m
of which Land and buildings: +€703,336
- Cash +€66,069
up €66,069 (+157%), from €42,002 to €108,071
mainly Debts after one year (+€809,310) and Depreciation (+€157,187)
- Receivables within one year -€31,484
down €31,484 (-15.7%), from €200,484 to €169,000
of which Other amounts receivable: -€31,000
- Debts after one year +€809,310
up €809,310 (+59.1%), from €1.4m to €2.2m
of which Financial debts: +€809,310
- Trade debts -€55,384
down €55,384 (-99.9%), from €55,456 to €72
- Other debts +€33,854
up €33,854 (+10.0%), from €339,287 to €373,141
- Financial charges +€39,274
up €39,274 (+73.2%), from €53,670 to €92,943
- Depreciation +€35,280
up €35,280 (+28.9%), from €121,907 to €157,187
- Taxes -€12,882
down €12,882 (-95.9%), from €13,432 to €550
- Gross operating margin -€6,285
down €6,285 (-2.5%), from €246,858 to €240,573
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,016,738 | €2,753,981 | +€737,243 | +36.6% |
| Fixed assets | 21/28 | €1,770,885 | €2,473,703 | +€702,817 | +39.7% |
| Tangible fixed assets | 22/27 | €1,767,725 | €2,470,543 | +€702,817 | +39.8% |
| Land and buildings | 22 | €1,766,252 | €2,469,588 | +€703,336 | +39.8% |
| Plant, machinery and equipment | 23 | €848 | €568 | -€280 | -33.0% |
| Furniture and vehicles | 24 | €624 | €386 | -€238 | -38.2% |
| Financial fixed assets | 28 | €3,160 | €3,160 | = | 0.0% |
| Current assets | 29/58 | €245,853 | €280,278 | +€34,425 | +14.0% |
| Amounts receivable within one year | 40/41 | €200,484 | €169,000 | -€31,484 | -15.7% |
| Trade receivables | 40 | €484 | - | -€484 | |
| Other amounts receivable | 41 | €200,000 | €169,000 | -€31,000 | -15.5% |
| Cash at bank and in hand | 54/58 | €42,002 | €108,071 | +€66,069 | +157% |
| Deferred charges and accrued income | 490/1 | €3,367 | €3,207 | -€160 | -4.7% |
| Total equity and liabilities | 10/49 | €2,016,738 | €2,753,981 | +€737,243 | +36.6% |
| Equity | 10/15 | €131,239 | €110,602 | -€20,636 | -15.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,039 | €104,402 | -€20,636 | -16.5% |
| Amounts payable | 17/49 | €1,885,499 | €2,643,379 | +€757,879 | +40.2% |
| Amounts payable after more than one year | 17 | €1,369,807 | €2,179,117 | +€809,310 | +59.1% |
| Financial debts | 170/4 | €1,361,397 | €2,170,707 | +€809,310 | +59.4% |
| Other amounts payable | 178/9 | €8,410 | €8,410 | = | 0.0% |
| Amounts payable within one year | 42/48 | €514,643 | €463,504 | -€51,139 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €95,260 | €78,792 | -€16,467 | -17.3% |
| Trade debts | 44 | €55,456 | €72 | -€55,384 | -99.9% |
| Suppliers | 440/4 | €55,456 | €72 | -€55,384 | -99.9% |
| Taxes, remuneration and social security | 45 | €24,640 | €11,499 | -€13,141 | -53.3% |
| Taxes | 450/3 | €20,440 | €11,499 | -€8,941 | -43.7% |
| Remuneration and social security | 454/9 | €4,200 | - | -€4,200 | |
| Other amounts payable | 47/48 | €339,287 | €373,141 | +€33,854 | +10.0% |
| Accrued charges and deferred income | 492/3 | €1,050 | €757 | -€292 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,907 | €157,187 | +€35,280 | +28.9% |
| Other operating charges | 640/8 | €12,020 | €10,530 | -€1,490 | -12.4% |
| Gross operating margin | 9900 | €246,858 | €240,573 | -€6,285 | -2.5% |
| Operating profit (loss) | 9901 | €112,931 | €72,856 | -€40,074 | -35.5% |
| Financial charges | 65/66B | €53,670 | €92,943 | +€39,274 | +73.2% |
| Recurring financial charges | 65 | €53,670 | €92,943 | +€39,274 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €59,261 | -€20,087 | -€79,348 | |
| Income taxes | 67/77 | €13,432 | €550 | -€12,882 | -95.9% |
| Profit (loss) for the period | 9904 | €45,829 | -€20,636 | -€66,466 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,829 | -€20,636 | -€66,466 |
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 22 October 2026 via checked.be.