OV-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.
OV-Immo
Largest movements
- Cash +€56,876
up €56,876 (+51.7%), from €110,004 to €166,880
mainly Net result for the year (+€70,841) and Depreciation (+€38,239)
- Tangible fixed assets -€38,239
down €38,239 (-3.9%), from €983,237 to €944,998
- Deferred charges and accrued income -€11,653
down €11,653 (-100%), from €11,653 to €0
- Profit (loss) carried forward +€70,841
up €70,841 (+83.9%), from €84,415 to €155,256
- Debts after one year -€70,760
down €70,760 (-8.6%), from €824,954 to €754,193
- Gross operating margin +€4,009
up €4,009 (+2.9%), from €136,375 to €140,384
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 | €1,112,740 | €1,124,771 | +€12,031 | +1.1% |
| Fixed assets | 21/28 | €983,237 | €944,998 | -€38,239 | -3.9% |
| Tangible fixed assets | 22/27 | €983,237 | €944,998 | -€38,239 | -3.9% |
| Land and buildings | 22 | €983,237 | €944,998 | -€38,239 | -3.9% |
| Current assets | 29/58 | €129,503 | €179,772 | +€50,269 | +38.8% |
| Amounts receivable within one year | 40/41 | €7,847 | €12,892 | +€5,046 | +64.3% |
| Trade receivables | 40 | €7,847 | €8,092 | +€246 | +3.1% |
| Other amounts receivable | 41 | - | €4,800 | +€4,800 | |
| Cash at bank and in hand | 54/58 | €110,004 | €166,880 | +€56,876 | +51.7% |
| Deferred charges and accrued income | 490/1 | €11,653 | €0 | -€11,653 | -100% |
| Total equity and liabilities | 10/49 | €1,112,740 | €1,124,771 | +€12,031 | +1.1% |
| Equity | 10/15 | €99,415 | €170,256 | +€70,841 | +71.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,415 | €155,256 | +€70,841 | +83.9% |
| Amounts payable | 17/49 | €1,013,326 | €954,515 | -€58,811 | -5.8% |
| Amounts payable after more than one year | 17 | €824,954 | €754,193 | -€70,760 | -8.6% |
| Financial debts | 170/4 | €824,954 | €754,193 | -€70,760 | -8.6% |
| Amounts payable within one year | 42/48 | €187,737 | €199,117 | +€11,380 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €69,952 | €70,760 | +€809 | +1.2% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Advances received on contracts in progress | 46 | - | €8,092 | +€8,092 | |
| Taxes, remuneration and social security | 45 | €16,800 | €16,754 | -€46 | -0.3% |
| Taxes | 450/3 | €16,800 | €16,754 | -€46 | -0.3% |
| Other amounts payable | 47/48 | €100,985 | €103,510 | +€2,525 | +2.5% |
| Accrued charges and deferred income | 492/3 | €635 | €1,205 | +€570 | +89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,239 | €38,239 | = | 0.0% |
| Other operating charges | 640/8 | €1,093 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €136,375 | €140,384 | +€4,009 | +2.9% |
| Operating profit (loss) | 9901 | €97,043 | €101,019 | +€3,976 | +4.1% |
| Financial charges | 65/66B | €13,274 | €12,524 | -€749 | -5.6% |
| Recurring financial charges | 65 | €13,274 | €12,524 | -€749 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €83,770 | €88,495 | +€4,726 | +5.6% |
| Income taxes | 67/77 | €16,761 | €17,654 | +€893 | +5.3% |
| Profit (loss) for the period | 9904 | €67,008 | €70,841 | +€3,833 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,008 | €70,841 | +€3,833 | +5.7% |
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 18 October 2026 via checked.be.