Key figures
Consolidated Key Figures
The fiscal year 2021 relates to the period running from January 1st 2021 to December 31st 2021.
Real Estate Portfolio
31/12/2021 | 31/12/2020 | ||
|---|---|---|---|
Fair Value of the real estate portfolio | (KEUR) | 209,120 | 208,430 |
Total gross surface area | (m2) | 69,883 | 68,930 |
Contractual Rents on an annual basis | (KEUR) | 11,248 | 12,863 |
Estimated Rental Value of vacant property | (KEUR) | 774 | 318 |
Gross portfolio yield | 5,95% | 6,17% | |
Occupancy rate | 98,20% | 97,59% |
Balance sheet
31/12/2021 | 31/12/2020 | ||
|---|---|---|---|
Shareholders' equity (excl. minority interests) | (KEUR) | 116,326 | 117,506 |
Debt Ratio (under the RREC Act) | 50,29% | 48,79% |
Consolidated Profit-and-loss Account
31/12/2021 | 31/12/2020 | ||
|---|---|---|---|
Net rental income | (KEUR) | 11,534 | 11,135 |
Operating result before result on the portfolio | (KEUR) | 9,139 | 8,914 |
Operating margin | 79,2% | 80,1% | |
Portfolio result | (KEUR) | -6,207 | -12,731 |
Financial result | (KEUR) | -1,233 | -2,024 |
Taxes | (KEUR) | 628 | 527 |
Net result (group share) | (KEUR) | 2,327 | -5,315 |
Adjustment for portfolio result | (KEUR) | 6,207 | 12,731 |
Adjustment for changes in the Fair Value of the financial assets and liabilities (non-effective interest rate hedging) | (KEUR) | -862 | -24 |
ERPA result | (KEUR) | 6,991 | 6,518 |
Key figures per share
31/12/2021 | 31/12/2020 | ||
|---|---|---|---|
Total number of shares outstanding at the end of period | 7,346,676 | 7,153,322 | |
Weighted average number of shares | 7,260,859 | 7,153,322 | |
Net result per share | (EUR) | 0.32 | -0.74 |
EPRA earnings per share | (EUR) | 0.96 | 0.91 |
Closing price of the share at the end of period | (EUR) | 11.00 | 11.35 |
IFRS NAV per share | (EUR) | 15.83 | 16.43 |
Premium/discount to IFRS NAV (end of period) | -30,5% | -30,5% | |
EPRA NAV per share | (EUR) | 15.83 | 16.71 |
Premium/discount to EPRA NAV (end of period) | -30,5% | -32,1% |