OVIMMOB: 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.
OVIMMOB
Largest movements
- Receivables within one year -€3.0m
down €3.0m (-76.5%), from €3.9m to €919,212
of which Other amounts receivable: -€3.0m
- Tangible fixed assets -€256,571
down €256,571 (-3.0%), from €8.5m to €8.3m
of which Land and buildings: -€239,971
- Reserves -€1.7m
down €1.7m (-37.4%), from €4.5m to €2.8m
of which Tax-exempt reserves: -€2.2m
- Provisions -€721,875
down €721,875 (-65.2%), from €1.1m to €385,665
- Debts after one year -€684,016
down €684,016 (-12.3%), from €5.6m to €4.9m
- Other debts -€292,533
down €292,533 (-86.3%), from €338,829 to €46,296
- Other operating charges +€2.1m
up €2.1m (+16,928%), from €12,398 to €2.1m
- Taxes +€96,345
up €96,345 (+20,305%), from €474 to €96,819
- Gross operating margin +€64,315
up €64,315 (+49.1%), from €130,953 to €195,267
- Staff costs -€4,971
down €4,971 (-96.7%), from €5,140 to €169
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 | €12,550,216 | €9,197,721 | -€3.4m | -26.7% |
| Fixed assets | 21/28 | €8,532,045 | €8,275,474 | -€256,571 | -3.0% |
| Tangible fixed assets | 22/27 | €8,532,045 | €8,275,474 | -€256,571 | -3.0% |
| Land and buildings | 22 | €8,474,240 | €8,234,269 | -€239,971 | -2.8% |
| Furniture and vehicles | 24 | €57,804 | €41,204 | -€16,600 | -28.7% |
| Current assets | 29/58 | €4,018,171 | €922,247 | -€3.1m | -77.0% |
| Amounts receivable within one year | 40/41 | €3,916,099 | €919,212 | -€3.0m | -76.5% |
| Trade receivables | 40 | €12,808 | €12,808 | = | 0.0% |
| Other amounts receivable | 41 | €3,903,291 | €906,404 | -€3.0m | -76.8% |
| Cash at bank and in hand | 54/58 | €99,399 | €1,151 | -€98,248 | -98.8% |
| Deferred charges and accrued income | 490/1 | €2,673 | €1,885 | -€788 | -29.5% |
| Total equity and liabilities | 10/49 | €12,550,216 | €9,197,721 | -€3.4m | -26.7% |
| Equity | 10/15 | €5,007,978 | €3,321,036 | -€1.7m | -33.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €4,507,978 | €2,821,036 | -€1.7m | -37.4% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,322,620 | €1,156,996 | -€2.2m | -65.2% |
| Distributable reserves | 133 | €1,135,358 | €1,614,040 | +€478,682 | +42.2% |
| Provisions and deferred taxes | 16 | €1,107,540 | €385,665 | -€721,875 | -65.2% |
| Deferred taxes | 168 | €1,107,540 | €385,665 | -€721,875 | -65.2% |
| Amounts payable | 17/49 | €6,434,698 | €5,491,020 | -€943,678 | -14.7% |
| Amounts payable after more than one year | 17 | €5,555,310 | €4,871,293 | -€684,016 | -12.3% |
| Financial debts | 170/4 | €5,555,310 | €4,871,293 | -€684,016 | -12.3% |
| Amounts payable within one year | 42/48 | €870,939 | €619,726 | -€251,213 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €421,354 | €392,693 | -€28,660 | -6.8% |
| Trade debts | 44 | €110,282 | €83,273 | -€27,009 | -24.5% |
| Suppliers | 440/4 | €110,282 | €83,273 | -€27,009 | -24.5% |
| Taxes, remuneration and social security | 45 | €474 | €97,464 | +€96,989 | +20,441% |
| Taxes | 450/3 | €474 | €97,464 | +€96,989 | +20,441% |
| Other amounts payable | 47/48 | €338,829 | €46,296 | -€292,533 | -86.3% |
| Accrued charges and deferred income | 492/3 | €8,449 | €0 | -€8,449 | -100% |
| Remuneration, social security and pensions | 62 | €5,140 | €169 | -€4,971 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,571 | €256,571 | +€0 | 0.0% |
| Other operating charges | 640/8 | €12,398 | €2,111,040 | +€2.1m | +16,928% |
| Gross operating margin | 9900 | €130,953 | €195,267 | +€64,315 | +49.1% |
| Operating profit (loss) | 9901 | -€143,156 | -€2,172,513 | -€2.0m | -1,418% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €140,551 | €139,484 | -€1,067 | -0.8% |
| Recurring financial charges | 65 | €140,551 | €139,484 | -€1,067 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€283,708 | -€2,311,997 | -€2.0m | -715% |
| Transfer from deferred taxes | 780 | €111,495 | €721,875 | +€610,379 | +547% |
| Income taxes | 67/77 | €474 | €96,819 | +€96,345 | +20,305% |
| Profit (loss) for the period | 9904 | -€172,687 | -€1,686,942 | -€1.5m | -877% |
| Transfer from tax-exempt reserves | 789 | €37,165 | €2,165,624 | +€2.1m | +5,727% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,521 | €478,682 | +€614,204 |
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 14 October 2026 via checked.be.