ODONTOLIA 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.
What changed
ODONTOLIA IMMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€275,963
2024 · -€369,116+€93,153
Equity
€1.8m
2024 · €2.1m-€275,963
Cash
€1,947
2024 · €154,988-€153,041
Balance sheet total
€12.6m
2024 · €11.1m+€1.5m
Largest movements
Assets
- Tangible fixed assets +€1.6m
up €1.6m (+15.7%), from €10.5m to €12.1m
of which Land and buildings: +€2.2m
- Cash -€153,041
down €153,041 (-98.7%), from €154,988 to €1,947
mainly Investment in fixed assets (net) (-€2.1m) and Other debts (-€763,998)
Equity and liabilities
- Debts after one year +€3.0m
up €3.0m (+41.7%), from €7.2m to €10.2m
of which Other amounts payable: +€1.9m
- Other debts -€763,998
down €763,998 (-95.3%), from €802,053 to €38,055
- Short-term financial debts -€429,013
down €429,013 (-96.9%), from €442,680 to €13,667
- Profit (loss) carried forward -€275,963
down €275,963 (-29.8%), from -€926,602 to -€1.2m
Income statement
- Turnover +€640,859
new in 2025: €640,859
- Gross operating margin -€514,537
no longer reported in 2025 (was €514,537)
- Services and other goods +€67,802
new in 2025: €67,802
- Depreciation +€67,286
up €67,286 (+17.4%), from €387,715 to €455,001
- Financial charges +€65,283
up €65,283 (+26.4%), from €246,888 to €312,171
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.
Result 2024
-€369,116
Turnover
+€640,859
Other operating income
+€45,348
Services and other goods
-€67,802
Depreciation
-€67,286
Other operating charges
+€10,014
Other operating items
-€403,136
Financial income
+€711
Financial charges
-€65,283
Taxes
-€272
Result 2025
-€275,963
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€705,187
Investment
-€2.1m
Financing
+€2.6m
Cash 2024
€154,988
From operations (derived)
-€705,187
Net result for the year
-€275,963
Depreciation
+€455,001
Receivables within one year
-€52,524
Smaller working-capital items
-€4,536
Trade debts
-€63,167
Other debts
-€763,998
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€2.1m
Financing
+€2.6m
Debts after one year
+€3.0m
Current portion of long-term debt
+€85,851
Short-term financial debts
-€429,013
Cash 2025
€1,947
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,077,350 | €12,612,339 | +€1.5m | +13.9% |
| Formation expenses | 20 | €6,906 | €4,255 | -€2,651 | -38.4% |
| Fixed assets | 21/28 | €10,897,535 | €12,537,430 | +€1.6m | +15.0% |
| Tangible fixed assets | 22/27 | €10,471,127 | €12,111,022 | +€1.6m | +15.7% |
| Land and buildings | 22 | €8,409,574 | €10,587,546 | +€2.2m | +25.9% |
| Plant, machinery and equipment | 23 | €105,308 | €80,961 | -€24,347 | -23.1% |
| Furniture and vehicles | 24 | €5,295 | €3,365 | -€1,930 | -36.4% |
| Other tangible fixed assets | 26 | €422,010 | €416,757 | -€5,253 | -1.2% |
| Assets under construction and advance payments | 27 | €1,528,940 | €1,022,393 | -€506,547 | -33.1% |
| Financial fixed assets | 28 | €426,408 | €426,408 | = | 0.0% |
| Affiliated companies | 280/1 | - | €425,908 | +€425,908 | |
| Participating interests | 280 | - | €425,908 | +€425,908 | |
| Other financial fixed assets | 284/8 | - | €500 | +€500 | |
| Amounts receivable and cash guarantees | 285/8 | - | €500 | +€500 | |
| Current assets | 29/58 | €172,909 | €70,654 | -€102,255 | -59.1% |
| Amounts receivable within one year | 40/41 | €13,081 | €65,605 | +€52,524 | +402% |
| Trade receivables | 40 | €13,081 | €65,585 | +€52,504 | +401% |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €154,988 | €1,947 | -€153,041 | -98.7% |
| Deferred charges and accrued income | 490/1 | €4,840 | €3,102 | -€1,738 | -35.9% |
| Total equity and liabilities | 10/49 | €11,077,350 | €12,612,339 | +€1.5m | +13.9% |
| Equity | 10/15 | €2,076,103 | €1,800,140 | -€275,963 | -13.3% |
| Contributions | 10/11 | €3,002,705 | €3,002,705 | = | 0.0% |
| Capital | 10 | €3,002,705 | €3,002,705 | = | 0.0% |
| Issued capital | 100 | €3,002,705 | €3,002,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€926,602 | -€1,202,565 | -€275,963 | -29.8% |
| Amounts payable | 17/49 | €9,001,247 | €10,812,199 | +€1.8m | +20.1% |
| Amounts payable after more than one year | 17 | €7,172,773 | €10,160,326 | +€3.0m | +41.7% |
| Financial debts | 170/4 | €7,172,773 | €8,261,804 | +€1.1m | +15.2% |
| Credit institutions | 173 | - | €8,261,804 | +€8.3m | |
| Other amounts payable | 178/9 | - | €1,898,522 | +€1.9m | |
| Amounts payable within one year | 42/48 | €1,828,474 | €651,873 | -€1.2m | -64.3% |
| Current portion of amounts payable after more than one year | 42 | €488,907 | €574,758 | +€85,851 | +17.6% |
| Financial debts | 43 | €442,680 | €13,667 | -€429,013 | -96.9% |
| Credit institutions | 430/8 | €442,680 | €13,667 | -€429,013 | -96.9% |
| Trade debts | 44 | €88,560 | €25,393 | -€63,167 | -71.3% |
| Suppliers | 440/4 | €88,560 | €25,393 | -€63,167 | -71.3% |
| Taxes, remuneration and social security | 45 | €6,274 | - | -€6,274 | |
| Taxes | 450/3 | €6,274 | - | -€6,274 | |
| Other amounts payable | 47/48 | €802,053 | €38,055 | -€763,998 | -95.3% |
| Operating income | 70/76A | - | €686,207 | +€686,207 | |
| Turnover | 70 | - | €640,859 | +€640,859 | |
| Other operating income | 74 | - | €45,348 | +€45,348 | |
| Non-recurring operating income | 76A | €31,187 | - | -€31,187 | |
| Operating charges | 60/66A | - | €650,442 | +€650,442 | |
| Services and other goods | 61 | - | €67,802 | +€67,802 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387,715 | €455,001 | +€67,286 | +17.4% |
| Other operating charges | 640/8 | €52,077 | €42,063 | -€10,014 | -19.2% |
| Non-recurring operating charges | 66A | €196,977 | €85,576 | -€111,401 | -56.6% |
| Gross operating margin | 9900 | €514,537 | - | -€514,537 | |
| Operating profit (loss) | 9901 | -€122,232 | €35,765 | +€157,997 | |
| Financial income | 75/76B | €4 | €715 | +€711 | +17,775% |
| Recurring financial income | 75 | €4 | €715 | +€711 | +17,775% |
| Other financial income | 752/9 | - | €715 | +€715 | |
| Financial charges | 65/66B | €246,888 | €312,171 | +€65,283 | +26.4% |
| Recurring financial charges | 65 | €246,888 | €312,171 | +€65,283 | +26.4% |
| Debt charges | 650 | - | €302,106 | +€302,106 | |
| Other financial charges | 652/9 | - | €10,065 | +€10,065 | |
| Profit (loss) for the period before taxes | 9903 | -€369,116 | -€275,691 | +€93,425 | +25.3% |
| Income taxes | 67/77 | - | €272 | +€272 | |
| Taxes | 670/3 | - | €272 | +€272 | |
| Profit (loss) for the period | 9904 | -€369,116 | -€275,963 | +€93,153 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€369,116 | -€275,963 | +€93,153 | +25.2% |
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 19 October 2026 via checked.be.