OTHMAN IMMO: what changed
Two fiscal 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.
OTHMAN IMMO
Largest movements
- Tangible fixed assets -€232,043
down €232,043 (-41.9%), from €554,354 to €322,311
- Cash +€23,408
up €23,408 (+284.1%), from €8,239 to €31,647
mainly Investment in fixed assets (net) (+€222,888) and Depreciation (+€9,155)
- Debts after one year -€206,744
down €206,744 (-37.5%), from €551,572 to €344,829
of which Financial debts: -€207,842
- Current portion of long-term debt -€10,058
down €10,058 (-38.4%), from €26,182 to €16,124
- Gross operating margin +€61,915
new in 2025: €61,915
- Turnover -€24,397
no longer reported in 2025 (was €24,397)
- Other operating charges +€22,003
up €22,003 (+1445.7%), from €1,522 to €23,525
- Depreciation -€9,303
down €9,303 (-50.4%), from €18,457 to €9,155
- Services and other goods -€7,013
no longer reported in 2025 (was €7,013)
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.
Cash bridge derived
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 | €565,360 | €355,770 | -€209,590 | -37.1% |
| Fixed assets | 21/28 | €554,354 | €322,311 | -€232,043 | -41.9% |
| Tangible fixed assets | 22/27 | €554,354 | €322,311 | -€232,043 | -41.9% |
| Land and buildings | 22 | €554,354 | €322,311 | -€232,043 | -41.9% |
| Current assets | 29/58 | €11,006 | €33,459 | +€22,453 | +204.0% |
| Amounts receivable within one year | 40/41 | €2,692 | €83 | -€2,609 | -96.9% |
| Other amounts receivable | 41 | €2,692 | €83 | -€2,609 | -96.9% |
| Cash at bank and in hand | 54/58 | €8,239 | €31,647 | +€23,408 | +284.1% |
| Deferred charges and accrued income | 490/1 | €74 | €1,729 | +€1,655 | +2231.4% |
| Total equity and liabilities | 10/49 | €565,360 | €355,770 | -€209,590 | -37.1% |
| Equity | 10/15 | -€17,538 | -€11,969 | +€5,569 | +31.8% |
| Contributions | 10/11 | €31,500 | €31,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,038 | -€43,469 | +€5,569 | +11.4% |
| Amounts payable | 17/49 | €582,898 | €367,739 | -€215,159 | -36.9% |
| Amounts payable after more than one year | 17 | €551,572 | €344,829 | -€206,744 | -37.5% |
| Financial debts | 170/4 | €471,111 | €263,269 | -€207,842 | -44.1% |
| Credit institutions | 173 | €471,111 | - | -€471,111 | |
| Other amounts payable | 178/9 | €80,461 | €81,559 | +€1,098 | +1.4% |
| Amounts payable within one year | 42/48 | €31,326 | €22,911 | -€8,415 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €26,182 | €16,124 | -€10,058 | -38.4% |
| Trade debts | 44 | €1,255 | €2,473 | +€1,217 | +96.9% |
| Suppliers | 440/4 | €1,255 | €2,473 | +€1,217 | +96.9% |
| Taxes, remuneration and social security | 45 | €39 | - | -€39 | |
| Taxes | 450/3 | €39 | - | -€39 | |
| Other amounts payable | 47/48 | €3,850 | €4,314 | +€464 | +12.1% |
| Operating income | 70/76A | €49,126 | - | -€49,126 | |
| Turnover | 70 | €24,397 | - | -€24,397 | |
| Other operating income | 74 | €444 | - | -€444 | |
| Non-recurring operating income | 76A | €24,285 | - | -€24,285 | |
| Operating charges | 60/66A | €26,992 | - | -€26,992 | |
| Services and other goods | 61 | €7,013 | - | -€7,013 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,457 | €9,155 | -€9,303 | -50.4% |
| Other operating charges | 640/8 | €1,522 | €23,525 | +€22,003 | +1445.7% |
| Gross operating margin | 9900 | - | €61,915 | +€61,915 | |
| Operating profit (loss) | 9901 | €22,134 | €29,236 | +€7,102 | +32.1% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €17,817 | €23,689 | +€5,872 | +33.0% |
| Recurring financial charges | 65 | €17,817 | €23,689 | +€5,872 | +33.0% |
| Debt charges | 650 | €12,756 | - | -€12,756 | |
| Other financial charges | 652/9 | €5,061 | - | -€5,061 | |
| Profit (loss) for the period before taxes | 9903 | €4,317 | €5,569 | +€1,252 | +29.0% |
| Profit (loss) for the period | 9904 | €4,317 | €5,569 | +€1,252 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,317 | €5,569 | +€1,252 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.