OCCARA: 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
OCCARA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€44,624
2023 · €21,436+€23,188
Equity
€575,017
2023 · €530,393+€44,624
Cash
€150,412
2023 · €160,580-€10,168
Balance sheet total
€1.5m
2023 · €1.5m-€41,681
Largest movements
Assets
- Tangible fixed assets -€44,757
down €44,757 (-4.1%), from €1.1m to €1.1m
of which Land and buildings: -€45,118
- Current investments +€15,613
up €15,613 (+6.7%), from €234,124 to €249,737
Equity and liabilities
- Debts after one year -€76,406
down €76,406 (-19.0%), from €402,609 to €326,203
- Reserves +€44,624
up €44,624 (+10.5%), from €426,981 to €471,605
of which Distributable reserves: +€44,624
Income statement
- Financial charges -€29,515
down €29,515 (-52.1%), from €56,662 to €27,148
- Depreciation -€16,350
down €16,350 (-14.2%), from €114,816 to €98,466
- Gross operating margin -€13,250
down €13,250 (-5.1%), from €261,087 to €247,837
- Staff costs +€6,834
up €6,834 (+19.4%), from €35,147 to €41,981
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
€21,436
Gross operating margin
-€13,250
Staff costs
-€6,834
Depreciation
+€16,350
Other operating charges
-€442
Other operating items
-€271
Financial income
+€34
Financial charges
+€29,515
Taxes
-€1,914
Result 2024
€44,624
Cash bridge derived
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
+€143,493
Investment
-€69,322
Financing
-€84,339
Cash 2023
€160,580
From operations (derived)
+€143,493
Net result for the year
+€44,624
Depreciation
+€98,466
Receivables within one year
+€2,187
Smaller working-capital items
+€187
Trade debts
+€1,354
Tax, wage and social debts
+€3,940
Advances received
+€338
Other debts
-€7,602
Investment (derived)
-€69,322
Investment in fixed assets (net)
-€53,709
Current investments
-€15,613
Financing
-€84,339
Debts after one year
-€76,406
Current portion of long-term debt
-€7,933
Cash 2024
€150,412
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,511,195 | €1,469,514 | -€41,681 | -2.8% |
| Fixed assets | 21/28 | €1,102,290 | €1,057,533 | -€44,757 | -4.1% |
| Tangible fixed assets | 22/27 | €1,101,918 | €1,057,161 | -€44,757 | -4.1% |
| Land and buildings | 22 | €1,032,078 | €986,959 | -€45,118 | -4.4% |
| Plant, machinery and equipment | 23 | €69,600 | €70,170 | +€570 | +0.8% |
| Furniture and vehicles | 24 | €240 | €32 | -€208 | -86.7% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €408,905 | €411,981 | +€3,076 | +0.8% |
| Amounts receivable within one year | 40/41 | €10,230 | €8,043 | -€2,187 | -21.4% |
| Trade receivables | 40 | €8,254 | €7,634 | -€620 | -7.5% |
| Other amounts receivable | 41 | €1,976 | €410 | -€1,566 | -79.3% |
| Current investments | 50/53 | €234,124 | €249,737 | +€15,613 | +6.7% |
| Cash at bank and in hand | 54/58 | €160,580 | €150,412 | -€10,168 | -6.3% |
| Deferred charges and accrued income | 490/1 | €3,971 | €3,788 | -€183 | -4.6% |
| Total equity and liabilities | 10/49 | €1,511,195 | €1,469,514 | -€41,681 | -2.8% |
| Equity | 10/15 | €530,393 | €575,017 | +€44,624 | +8.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €426,981 | €471,605 | +€44,624 | +10.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €420,831 | €465,455 | +€44,624 | +10.6% |
| Profit (loss) carried forward | 14 | €41,912 | €41,912 | = | 0.0% |
| Amounts payable | 17/49 | €980,803 | €894,497 | -€86,305 | -8.8% |
| Amounts payable after more than one year | 17 | €402,609 | €326,203 | -€76,406 | -19.0% |
| Financial debts | 170/4 | €402,609 | €326,203 | -€76,406 | -19.0% |
| Amounts payable within one year | 42/48 | €547,662 | €537,758 | -€9,903 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €85,157 | €77,224 | -€7,933 | -9.3% |
| Trade debts | 44 | €5,296 | €6,650 | +€1,354 | +25.6% |
| Suppliers | 440/4 | €5,296 | €6,650 | +€1,354 | +25.6% |
| Advances received on contracts in progress | 46 | €14,189 | €14,527 | +€338 | +2.4% |
| Taxes, remuneration and social security | 45 | €46,321 | €50,261 | +€3,940 | +8.5% |
| Taxes | 450/3 | €35,437 | €40,383 | +€4,945 | +14.0% |
| Remuneration and social security | 454/9 | €10,884 | €9,878 | -€1,006 | -9.2% |
| Other amounts payable | 47/48 | €396,699 | €389,097 | -€7,602 | -1.9% |
| Accrued charges and deferred income | 492/3 | €30,532 | €30,536 | +€4 | 0.0% |
| Non-recurring operating income | 76A | - | €243 | +€243 | |
| Remuneration, social security and pensions | 62 | €35,147 | €41,981 | +€6,834 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,816 | €98,466 | -€16,350 | -14.2% |
| Other operating charges | 640/8 | €17,341 | €17,783 | +€442 | +2.5% |
| Non-recurring operating charges | 66A | - | €271 | +€271 | |
| Gross operating margin | 9900 | €261,087 | €247,837 | -€13,250 | -5.1% |
| Operating profit (loss) | 9901 | €93,784 | €89,337 | -€4,447 | -4.7% |
| Financial income | 75/76B | €1,113 | €1,147 | +€34 | +3.1% |
| Recurring financial income | 75 | €1,113 | €1,147 | +€34 | +3.1% |
| Financial charges | 65/66B | €56,662 | €27,148 | -€29,515 | -52.1% |
| Recurring financial charges | 65 | €56,662 | €27,148 | -€29,515 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | €38,235 | €63,336 | +€25,102 | +65.7% |
| Income taxes | 67/77 | €16,799 | €18,712 | +€1,914 | +11.4% |
| Profit (loss) for the period | 9904 | €21,436 | €44,624 | +€23,188 | +108.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,436 | €44,624 | +€23,188 | +108.2% |
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 10 October 2026 via checked.be.