OVPS 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.
OVPS Immo
Largest movements
- Receivables within one year -€252,393
down €252,393 (-55.8%), from €452,393 to €200,000
of which Trade receivables: -€250,000
- Tangible fixed assets +€59,603
up €59,603 (+6.3%), from €951,310 to €1.0m
of which Assets under construction and advance payments: +€79,206
- Cash -€21,471
down €21,471 (-68.4%), from €31,389 to €9,918
mainly Other debts (-€207,828) and Investment in fixed assets (net) (-€79,206)
- Other debts -€207,828
down €207,828 (-36.7%), from €566,310 to €358,481
- Debts after one year -€27,266
down €27,266 (-3.4%), from €807,079 to €779,814
of which Financial debts: -€18,442
- Profit (loss) carried forward +€22,596
up €22,596 (+3658.5%), from €618 to €23,214
- Depreciation -€46,690
down €46,690 (-70.4%), from €66,293 to €19,603
- Taxes +€12,032
new in 2025: €12,032
- Gross operating margin -€8,966
down €8,966 (-9.4%), from €95,577 to €86,611
- Financial charges +€2,971
up €2,971 (+11.6%), from €25,652 to €28,624
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 | €1,435,212 | €1,221,147 | -€214,065 | -14.9% |
| Fixed assets | 21/28 | €951,430 | €1,011,033 | +€59,603 | +6.3% |
| Tangible fixed assets | 22/27 | €951,310 | €1,010,913 | +€59,603 | +6.3% |
| Land and buildings | 22 | €951,310 | €931,707 | -€19,603 | -2.1% |
| Assets under construction and advance payments | 27 | - | €79,206 | +€79,206 | |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €483,782 | €210,114 | -€273,668 | -56.6% |
| Amounts receivable within one year | 40/41 | €452,393 | €200,000 | -€252,393 | -55.8% |
| Trade receivables | 40 | €450,000 | €200,000 | -€250,000 | -55.6% |
| Other amounts receivable | 41 | €2,393 | €0 | -€2,393 | -100.0% |
| Cash at bank and in hand | 54/58 | €31,389 | €9,918 | -€21,471 | -68.4% |
| Deferred charges and accrued income | 490/1 | - | €196 | +€196 | |
| Total equity and liabilities | 10/49 | €1,435,212 | €1,221,147 | -€214,065 | -14.9% |
| Equity | 10/15 | €5,618 | €28,214 | +€22,596 | +402.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €618 | €23,214 | +€22,596 | +3658.5% |
| Amounts payable | 17/49 | €1,429,594 | €1,192,933 | -€236,661 | -16.6% |
| Amounts payable after more than one year | 17 | €807,079 | €779,814 | -€27,266 | -3.4% |
| Financial debts | 170/4 | €316,791 | €298,349 | -€18,442 | -5.8% |
| Other amounts payable | 178/9 | €490,289 | €481,465 | -€8,824 | -1.8% |
| Amounts payable within one year | 42/48 | €622,515 | €413,120 | -€209,395 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €17,667 | €18,442 | +€775 | +4.4% |
| Trade debts | 44 | €23,142 | €10,072 | -€13,070 | -56.5% |
| Suppliers | 440/4 | €23,142 | €10,072 | -€13,070 | -56.5% |
| Taxes, remuneration and social security | 45 | €15,396 | €26,125 | +€10,728 | +69.7% |
| Taxes | 450/3 | €15,396 | €26,125 | +€10,728 | +69.7% |
| Other amounts payable | 47/48 | €566,310 | €358,481 | -€207,828 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,293 | €19,603 | -€46,690 | -70.4% |
| Other operating charges | 640/8 | €3,014 | €3,756 | +€743 | +24.6% |
| Gross operating margin | 9900 | €95,577 | €86,611 | -€8,966 | -9.4% |
| Operating profit (loss) | 9901 | €26,270 | €63,252 | +€36,982 | +140.8% |
| Financial charges | 65/66B | €25,652 | €28,624 | +€2,971 | +11.6% |
| Recurring financial charges | 65 | €25,652 | €28,624 | +€2,971 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €618 | €34,628 | +€34,010 | +5506.5% |
| Income taxes | 67/77 | - | €12,032 | +€12,032 | |
| Profit (loss) for the period | 9904 | €618 | €22,596 | +€21,979 | +3558.5% |
| Profit (loss) for the period to be appropriated | 9905 | €618 | €22,596 | +€21,979 | +3558.5% |
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 9 October 2026 via checked.be.