OC Vastgoed: 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
OC Vastgoed
NACE 68.310, Real estate agency activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€8,590
2023 · -€14,535+€23,125
Equity
€889,685
2023 · €881,096+€8,590
Cash
€674,498
2023 · €538,280+€136,218
Balance sheet total
€4.0m
2023 · €3.9m+€114,049
Largest movements
Assets
- Cash +€136,218
up €136,218 (+25.3%), from €538,280 to €674,498
mainly Other debts (+€160,163) and Depreciation (+€143,247)
- Tangible fixed assets -€129,426
down €129,426 (-4.8%), from €2.7m to €2.6m
of which Land and buildings: -€74,940
- Receivables within one year +€114,428
up €114,428 (+17.9%), from €638,859 to €753,286
of which Trade receivables: +€88,455
Equity and liabilities
- Other debts +€160,163
up €160,163 (+16.3%), from €982,588 to €1.1m
- Debts after one year -€76,270
down €76,270 (-5.8%), from €1.3m to €1.2m
Income statement
- Financial charges -€21,238
down €21,238 (-31.3%), from €67,907 to €46,669
- Depreciation +€12,829
up €12,829 (+9.8%), from €130,418 to €143,247
- Gross operating margin -€12,391
down €12,391 (-5.8%), from €213,882 to €201,491
- Other operating charges -€9,421
down €9,421 (-43.5%), from €21,645 to €12,224
- Taxes +€5,931
up €5,931 (+72.3%), from €8,200 to €14,130
From the 2023 result to the 2024 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 2023
-€14,535
Gross operating margin
-€12,391
Depreciation
-€12,829
Other operating charges
+€9,421
Other operating items
+€18,890
Financial income
+€5,250
Financial charges
+€21,238
Taxes
-€5,931
Deferred taxes and other
-€523
Result 2024
€8,590
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€222,925
Investment
-€8,767
Financing
-€77,939
Cash 2023
€538,280
From operations (derived)
+€222,925
Net result for the year
+€8,590
Depreciation
+€143,247
Receivables within one year
-€114,428
Deferred charges and accrued income
+€2,116
Provisions
-€8,187
Trade debts
-€8,318
Tax, wage and social debts
+€14,380
Advances received
+€25,521
Other debts
+€160,163
Accrued charges and deferred income
-€161
Investment (derived)
-€8,767
Investment in fixed assets (net)
-€8,767
Financing
-€77,939
Debts after one year
-€76,270
Current portion of long-term debt
-€1,669
Cash 2024
€674,498
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,924,324 | €4,038,374 | +€114,049 | +2.9% |
| Fixed assets | 21/28 | €2,726,869 | €2,592,390 | -€134,480 | -4.9% |
| Intangible fixed assets | 21 | €15,525 | €10,471 | -€5,054 | -32.6% |
| Tangible fixed assets | 22/27 | €2,697,789 | €2,568,362 | -€129,426 | -4.8% |
| Land and buildings | 22 | €2,315,881 | €2,240,942 | -€74,940 | -3.2% |
| Plant, machinery and equipment | 23 | €17,180 | €11,962 | -€5,217 | -30.4% |
| Furniture and vehicles | 24 | €338,478 | €289,208 | -€49,269 | -14.6% |
| Other tangible fixed assets | 26 | €26,250 | €26,250 | = | 0.0% |
| Financial fixed assets | 28 | €13,556 | €13,556 | = | 0.0% |
| Current assets | 29/58 | €1,197,455 | €1,445,984 | +€248,529 | +20.8% |
| Amounts receivable within one year | 40/41 | €638,859 | €753,286 | +€114,428 | +17.9% |
| Trade receivables | 40 | €414,763 | €503,218 | +€88,455 | +21.3% |
| Other amounts receivable | 41 | €224,096 | €250,069 | +€25,973 | +11.6% |
| Current investments | 50/53 | €900 | €900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €538,280 | €674,498 | +€136,218 | +25.3% |
| Deferred charges and accrued income | 490/1 | €19,416 | €17,300 | -€2,116 | -10.9% |
| Total equity and liabilities | 10/49 | €3,924,324 | €4,038,374 | +€114,049 | +2.9% |
| Equity | 10/15 | €881,096 | €889,685 | +€8,590 | +1.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €871,096 | €879,685 | +€8,590 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €263,678 | €247,779 | -€15,899 | -6.0% |
| Distributable reserves | 133 | €605,558 | €630,046 | +€24,488 | +4.0% |
| Provisions and deferred taxes | 16 | €135,774 | €127,587 | -€8,187 | -6.0% |
| Deferred taxes | 168 | €135,774 | €127,587 | -€8,187 | -6.0% |
| Amounts payable | 17/49 | €2,907,455 | €3,021,101 | +€113,646 | +3.9% |
| Amounts payable after more than one year | 17 | €1,314,511 | €1,238,241 | -€76,270 | -5.8% |
| Financial debts | 170/4 | €1,314,511 | €1,238,241 | -€76,270 | -5.8% |
| Amounts payable within one year | 42/48 | €1,588,237 | €1,778,314 | +€190,077 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €166,788 | €165,119 | -€1,669 | -1.0% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €156,941 | €148,623 | -€8,318 | -5.3% |
| Suppliers | 440/4 | €156,941 | €148,623 | -€8,318 | -5.3% |
| Advances received on contracts in progress | 46 | €94,717 | €120,238 | +€25,521 | +26.9% |
| Taxes, remuneration and social security | 45 | €62,203 | €76,582 | +€14,380 | +23.1% |
| Taxes | 450/3 | €62,203 | €76,582 | +€14,380 | +23.1% |
| Other amounts payable | 47/48 | €982,588 | €1,142,751 | +€160,163 | +16.3% |
| Accrued charges and deferred income | 492/3 | €4,707 | €4,546 | -€161 | -3.4% |
| Non-recurring operating income | 76A | €65,763 | - | -€65,763 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,418 | €143,247 | +€12,829 | +9.8% |
| Other operating charges | 640/8 | €21,645 | €12,224 | -€9,421 | -43.5% |
| Non-recurring operating charges | 66A | €18,890 | - | -€18,890 | |
| Gross operating margin | 9900 | €213,882 | €201,491 | -€12,391 | -5.8% |
| Operating profit (loss) | 9901 | €42,929 | €46,020 | +€3,091 | +7.2% |
| Financial income | 75/76B | €9,933 | €15,183 | +€5,250 | +52.8% |
| Recurring financial income | 75 | €9,933 | €15,183 | +€5,250 | +52.8% |
| Financial charges | 65/66B | €67,907 | €46,669 | -€21,238 | -31.3% |
| Recurring financial charges | 65 | €67,907 | €46,669 | -€21,238 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,045 | €14,533 | +€29,578 | |
| Transfer from deferred taxes | 780 | €8,709 | €8,187 | -€523 | -6.0% |
| Income taxes | 67/77 | €8,200 | €14,130 | +€5,931 | +72.3% |
| Profit (loss) for the period | 9904 | -€14,535 | €8,590 | +€23,125 | |
| Transfer from tax-exempt reserves | 789 | €16,913 | €15,899 | -€1,015 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,378 | €24,488 | +€22,110 | +930% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.