OT 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.
OT IMMO
Largest movements
- Tangible fixed assets +€80,510
up €80,510 (+4.3%), from €1.9m to €2.0m
of which Land and buildings: +€97,401
- Debts after one year +€75,239
up €75,239 (+4.1%), from €1.8m to €1.9m
of which Financial debts: +€75,239
- Trade debts -€58,655
down €58,655 (-53.8%), from €108,969 to €50,315
- Current portion of long-term debt +€24,402
up €24,402 (+20.8%), from €117,066 to €141,468
- Profit (loss) carried forward +€21,817
up €21,817 (+40.5%), from -€53,836 to -€32,020
- Depreciation -€68,004
down €68,004 (-34.9%), from €194,649 to €126,645
- Gross operating margin +€39,832
up €39,832 (+19.7%), from €202,547 to €242,379
- Financial charges +€7,380
up €7,380 (+11.3%), from €65,559 to €72,938
- Other operating charges +€4,343
up €4,343 (+26.1%), from €16,636 to €20,978
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 | €2,086,590 | €2,144,626 | +€58,036 | +2.8% |
| Fixed assets | 21/28 | €1,874,070 | €1,954,580 | +€80,510 | +4.3% |
| Tangible fixed assets | 22/27 | €1,874,070 | €1,954,580 | +€80,510 | +4.3% |
| Land and buildings | 22 | €1,759,168 | €1,856,569 | +€97,401 | +5.5% |
| Plant, machinery and equipment | 23 | €114,903 | €98,011 | -€16,892 | -14.7% |
| Current assets | 29/58 | €212,520 | €190,046 | -€22,474 | -10.6% |
| Amounts receivable within one year | 40/41 | €205,447 | €188,014 | -€17,433 | -8.5% |
| Trade receivables | 40 | €144,694 | €44,944 | -€99,750 | -68.9% |
| Other amounts receivable | 41 | €60,752 | €143,070 | +€82,317 | +135% |
| Cash at bank and in hand | 54/58 | €6,707 | €1,505 | -€5,201 | -77.6% |
| Deferred charges and accrued income | 490/1 | €366 | €527 | +€161 | +43.9% |
| Total equity and liabilities | 10/49 | €2,086,590 | €2,144,626 | +€58,036 | +2.8% |
| Equity | 10/15 | -€34,036 | -€12,220 | +€21,817 | +64.1% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,836 | -€32,020 | +€21,817 | +40.5% |
| Amounts payable | 17/49 | €2,120,627 | €2,156,846 | +€36,219 | +1.7% |
| Amounts payable after more than one year | 17 | €1,825,591 | €1,900,831 | +€75,239 | +4.1% |
| Financial debts | 170/4 | €1,769,591 | €1,844,831 | +€75,239 | +4.3% |
| Other amounts payable | 178/9 | €56,000 | €56,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €285,163 | €249,766 | -€35,397 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €117,066 | €141,468 | +€24,402 | +20.8% |
| Trade debts | 44 | €108,969 | €50,315 | -€58,655 | -53.8% |
| Suppliers | 440/4 | €108,969 | €50,315 | -€58,655 | -53.8% |
| Advances received on contracts in progress | 46 | €19,865 | €0 | -€19,865 | -100% |
| Taxes, remuneration and social security | 45 | €9,144 | €11,172 | +€2,029 | +22.2% |
| Taxes | 450/3 | €9,144 | €11,172 | +€2,029 | +22.2% |
| Other amounts payable | 47/48 | €30,119 | €46,811 | +€16,693 | +55.4% |
| Accrued charges and deferred income | 492/3 | €9,872 | €6,249 | -€3,623 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,649 | €126,645 | -€68,004 | -34.9% |
| Other operating charges | 640/8 | €16,636 | €20,978 | +€4,343 | +26.1% |
| Gross operating margin | 9900 | €202,547 | €242,379 | +€39,832 | +19.7% |
| Operating profit (loss) | 9901 | -€8,737 | €94,755 | +€103,492 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -80.4% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -80.4% |
| Financial charges | 65/66B | €65,559 | €72,938 | +€7,380 | +11.3% |
| Recurring financial charges | 65 | €65,559 | €72,938 | +€7,380 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€74,296 | €21,817 | +€96,112 | |
| Profit (loss) for the period | 9904 | -€74,296 | €21,817 | +€96,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€74,296 | €21,817 | +€96,112 |
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 13 October 2026 via checked.be.