- Results
Tables
Dive deeper into our key figures via the tables below. More detailed information can be found in our annual report.
Click below for more information
| 31/12/2023 12 months | 31/12/2022 12 months | ||
|---|---|---|---|
| Consolidated results | |||
| Net rental income | K€ | 106,625 | 90,889 |
| Real estate result | K€ | 116,139 | 99,913 |
| Operating result before result on property portfolio | K€ | 102,769 | 91,020 |
| Operating margin | % | 88.5 | 91.1 |
| Financial result (excluding variations in the fair value of financial instruments) | K€ | -17,995 | -17,948 |
| EPRA results | K€ | 90,010 | 67,738 |
| Weighted average number of shares | 18,387,740 | 16,538,273 | |
| EPRA earnings per share | € | 4.9 | 4.1 |
| Result on sale of investment properties | K€ | 0 | 19 |
| Variations in the fair value of investment properties | K€ | 11,870 | 92,864 |
| Deferred taxes on portfolio income | K€ | 30,974 | -14,570 |
| Result on portfolio | K€ | 42,843 | 78,312 |
| Variations in the fair value of financial instruments | K€ | -14,043 | 58,408 |
| NET RESULT (IFRS) | 118,810 | 204,458 | |
| Net result per share | € | 6.46 | 12.36 |
| 31/12/2023 12 months | 31/12/2022 12 months | ||
|---|---|---|---|
| Consolidated balance sheet | |||
| Balance sheet total | K€ | 2,433,934 | 2,327,712 |
| Debts and liabilities included in the debt ratio | K€ | 871,543 | 963,636 |
| EPRA LTV | % | 33.5 | 39.7 |
| Debt | % | 36.2 | 42.1 |
| Net debt / EBITDA (adjusted) | x | 6.8 | 8.4 |
| Hedge ratio | % | 97.3 | 96 |
| Average cost of debt | % | 2.3 | 1.9 |
| Average maturity of credit contracts | Y | 7.3 | 6.9 |
| Average maturity of hedging contracts | Y | 7 | 7.6 |
| IFRS NAV per share | € | 75.74 | 72.32 |
| EPRA NRV per share | € | 81.5 | 79.33 |
| EPRA NTA per share | € | 74.38 | 71.72 |
| EPRA NDV per share | € | 72.22 | 66.75 |
| Stock price | € | 86.2 | 66.6 |
| Premium/discount | % | 13.8 | -7.9 |
| BE | FR | NL | DE | 31/12/2023 12 months | 31/12/2022 12 months | ||
|---|---|---|---|---|---|---|---|
| Real estate portfolio | |||||||
| Property portfolio — buildings | |||||||
| Number of sites | 41 | 18 | 34 | 2 | 95 | 92 | |
| Occupancy rate | % | 100 | 100 | 100 | 100 | 100 | 99.4 |
| Total area — property portfolio | m² | 896,423 | 213,293 | 813,561 | 35,965 | 1,959,242 | 1,890,029 |
| Investment value | K€ | 966,971 | 258,268 | 964,325 | 33,115 | 2,222,678 | 2,151,050 |
| Fair value of real estate portfolio | K€ | 1,062,989 | 256,093 | 930,218 | 30,972 | 2,280,271 | 2,171,024 |
| Real estate assets | K€ | 943,368 | 241,305 | 869,544 | 30,972 | 2,085,188 | 2,019,489 |
| Developments | K€ | 72,780 | 11,531 | 29,397 | 0 | 113,707 | 102,338 |
| Solar panels | K€ | 46,842 | 3,258 | 31,276 | 0 | 81,376 | 49,197 |
| Total area — land bank | m² | 2,225,972 | 2,401,318 | ||||
| Acquired, valued in real estate portfolio | m² | 1,538,408 | 1,688,152 | ||||
| Of which revenue generating | % | 76 | 73 | ||||
| Under control, not valued in real estate portfolio | m² | 687,564 | 713,166 |