OVIM: 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
OVIM
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€128,332
2024 · -€85,083+€213,415
Equity
€3.9m
2024 · €3.8m+€128,332
Cash
€29,057
2024 · €32,559-€3,503
Balance sheet total
€4.0m
2024 · €3.9m+€157,813
Largest movements
Assets
- Current investments +€346,634
up €346,634 (+635%), from €54,564 to €401,197
- Tangible fixed assets -€190,685
down €190,685 (-5.1%), from €3.8m to €3.6m
of which Land and buildings: -€172,388
Equity and liabilities
- Reserves +€128,332
up €128,332 (+19.3%), from €664,152 to €792,484
of which Distributable reserves: +€142,783
Income statement
- Gross operating margin +€217,190
up €217,190 (+630%), from €34,468 to €251,658
- Taxes +€17,326
up €17,326 (+12,130%), from €143 to €17,469
- Financial income +€8,526
up €8,526 (+419%), from €2,036 to €10,562
- Depreciation -€5,761
down €5,761 (-5.2%), from €110,100 to €104,339
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
-€85,083
Gross operating margin
+€217,190
Depreciation
+€5,761
Other operating charges
-€119
Financial income
+€8,526
Financial charges
-€618
Taxes
-€17,326
Result 2025
€128,332
raises the resultlowers the result
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
+€256,785
Investment
-€260,287
Financing
€0
Cash 2024
€32,559
From operations (derived)
+€256,785
Net result for the year
+€128,332
Depreciation
+€104,339
Deferred charges and accrued income
-€5,367
Provisions
-€3,613
Trade debts
+€15,348
Tax, wage and social debts
+€14,160
Other debts
+€3,587
Investment (derived)
-€260,287
Investment in fixed assets (net)
+€86,346
Current investments
-€346,634
Cash 2025
€29,057
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,866,312 | €4,024,125 | +€157,813 | +4.1% |
| Fixed assets | 21/28 | €3,770,960 | €3,580,275 | -€190,685 | -5.1% |
| Tangible fixed assets | 22/27 | €3,770,960 | €3,580,275 | -€190,685 | -5.1% |
| Land and buildings | 22 | €3,069,394 | €2,897,006 | -€172,388 | -5.6% |
| Plant, machinery and equipment | 23 | €6,729 | €3,699 | -€3,029 | -45.0% |
| Furniture and vehicles | 24 | €694,838 | €679,569 | -€15,268 | -2.2% |
| Current assets | 29/58 | €95,352 | €443,851 | +€348,499 | +365% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €54,564 | €401,197 | +€346,634 | +635% |
| Cash at bank and in hand | 54/58 | €32,559 | €29,057 | -€3,503 | -10.8% |
| Deferred charges and accrued income | 490/1 | €8,229 | €13,597 | +€5,367 | +65.2% |
| Total equity and liabilities | 10/49 | €3,866,312 | €4,024,125 | +€157,813 | +4.1% |
| Equity | 10/15 | €3,768,701 | €3,897,033 | +€128,332 | +3.4% |
| Contributions | 10/11 | €3,250,805 | €3,250,805 | = | 0.0% |
| Capital | 10 | €3,250,805 | €3,250,805 | = | 0.0% |
| Issued capital | 100 | €3,250,805 | €3,250,805 | = | 0.0% |
| Revaluation surpluses | 12 | €92,937 | €92,937 | = | 0.0% |
| Reserves | 13 | €664,152 | €792,484 | +€128,332 | +19.3% |
| Non-distributable reserves | 130/1 | €325,081 | €325,081 | = | 0.0% |
| Legal reserve | 130 | €325,081 | €325,081 | = | 0.0% |
| Tax-exempt reserves | 132 | €252,593 | €238,142 | -€14,451 | -5.7% |
| Distributable reserves | 133 | €86,478 | €229,261 | +€142,783 | +165% |
| Profit (loss) carried forward | 14 | -€239,192 | -€239,192 | = | 0.0% |
| Provisions and deferred taxes | 16 | €85,402 | €81,789 | -€3,613 | -4.2% |
| Deferred taxes | 168 | €85,402 | €81,789 | -€3,613 | -4.2% |
| Amounts payable | 17/49 | €12,209 | €45,303 | +€33,094 | +271% |
| Amounts payable within one year | 42/48 | €12,209 | €45,303 | +€33,094 | +271% |
| Trade debts | 44 | €484 | €15,832 | +€15,348 | +3,170% |
| Suppliers | 440/4 | €484 | €15,832 | +€15,348 | +3,170% |
| Taxes, remuneration and social security | 45 | €185 | €14,345 | +€14,160 | +7,639% |
| Taxes | 450/3 | €185 | €14,345 | +€14,160 | +7,639% |
| Other amounts payable | 47/48 | €11,539 | €15,126 | +€3,587 | +31.1% |
| Non-recurring operating income | 76A | - | €227,213 | +€227,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,100 | €104,339 | -€5,761 | -5.2% |
| Other operating charges | 640/8 | €14,746 | €14,864 | +€119 | +0.8% |
| Gross operating margin | 9900 | €34,468 | €251,658 | +€217,190 | +630% |
| Operating profit (loss) | 9901 | -€90,377 | €132,455 | +€222,833 | |
| Financial income | 75/76B | €2,036 | €10,562 | +€8,526 | +419% |
| Recurring financial income | 75 | €2,036 | €10,562 | +€8,526 | +419% |
| Financial charges | 65/66B | €212 | €830 | +€618 | +291% |
| Recurring financial charges | 65 | €212 | €830 | +€618 | +291% |
| Profit (loss) for the period before taxes | 9903 | -€88,553 | €142,188 | +€230,741 | |
| Transfer from deferred taxes | 780 | €3,613 | €3,613 | = | 0.0% |
| Income taxes | 67/77 | €143 | €17,469 | +€17,326 | +12,130% |
| Profit (loss) for the period | 9904 | -€85,083 | €128,332 | +€213,415 | |
| Transfer from tax-exempt reserves | 789 | €14,451 | €14,451 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,632 | €142,783 | +€213,415 |
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.