Alfons Smet Residenties: what changed
What changed
Alfons Smet Residenties
NACE 87.101, Residential care activities
filed annual accounts (NBB)
Net result for the year
-€189,861
2024 · -€404,261+€214,400
Equity
-€1.5m
2024 · -€1.3m-€189,860
Cash
€407,628
2024 · €404,930+€2,698
Balance sheet total
€1.2m
2024 · €1.1m+€90,983
Largest movements
Assets
- Receivables within one year +€44,281
up €44,281 (+7.3%), from €604,793 to €649,074
of which Trade receivables: +€94,281
- Deferred charges and accrued income +€36,148
up €36,148 (+43.9%), from €82,427 to €118,575
Equity and liabilities
- Debts within one year +€422,108
up €422,108 (+18.5%), from €2.3m to €2.7m
of which Trade debts: +€577,666
- Profit (loss) carried forward -€189,860
down €189,860 (-14.2%), from -€1.3m to -€1.5m
- Accrued charges and deferred income -€141,265
down €141,265 (-87.1%), from €162,179 to €20,914
Income statement
- Staff costs -€177,174
down €177,174 (-4.8%), from €3.7m to €3.5m
- Gross operating margin +€89,403
up €89,403 (+2.7%), from €3.3m to €3.4m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€404,261
Gross operating margin
+€89,403
Staff costs
+€177,174
Depreciation
-€1,201
Other operating charges
-€20,379
Other operating items
-€29,343
Financial income
-€701
Financial charges
-€153
Taxes
-€400
Result 2025
-€189,861
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€15,450
Investment
-€12,752
Financing
+€0
Cash 2024
€404,930
From operations (derived)
+€15,450
Net result for the year
-€189,861
Depreciation
+€4,896
Receivables within one year
-€44,281
Deferred charges and accrued income
-€36,148
Debts within one year
+€422,108
Accrued charges and deferred income
-€141,265
Investment (derived)
-€12,752
Investment in fixed assets (net)
-€12,752
Financing
+€0
Contributions, distributions and other
+€0
Cash 2025
€407,628
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,102,672 | €1,193,655 | +€90,983 | +8.3% |
| Fixed assets | 21/28 | €10,522 | €18,378 | +€7,856 | +74.7% |
| Intangible fixed assets | 21 | €2,198 | €1,709 | -€489 | -22.2% |
| Tangible fixed assets | 22/27 | €7,324 | €15,669 | +€8,345 | +114% |
| Plant, machinery and equipment | 23 | - | €10,818 | +€10,818 | |
| Furniture and vehicles | 24 | €7,324 | €4,851 | -€2,473 | -33.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,092,150 | €1,175,277 | +€83,127 | +7.6% |
| Amounts receivable within one year | 40/41 | €604,793 | €649,074 | +€44,281 | +7.3% |
| Trade receivables | 40 | €554,793 | €649,074 | +€94,281 | +17.0% |
| Other amounts receivable | 41 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €404,930 | €407,628 | +€2,698 | +0.7% |
| Deferred charges and accrued income | 490/1 | €82,427 | €118,575 | +€36,148 | +43.9% |
| Total equity and liabilities | 10/49 | €1,102,672 | €1,193,655 | +€90,983 | +8.3% |
| Equity | 10/15 | -€1,340,374 | -€1,530,234 | -€189,860 | -14.2% |
| Profit (loss) carried forward | 14 | -€1,340,374 | -€1,530,234 | -€189,860 | -14.2% |
| Amounts payable | 17/49 | €2,443,046 | €2,723,889 | +€280,843 | +11.5% |
| Amounts payable within one year | 42/48 | €2,280,867 | €2,702,975 | +€422,108 | +18.5% |
| Financial debts | 43 | €149,228 | €0 | -€149,228 | -100% |
| Other loans | 439 | €149,228 | €0 | -€149,228 | -100% |
| Trade debts | 44 | €1,552,275 | €2,129,941 | +€577,666 | +37.2% |
| Suppliers | 440/4 | €1,552,275 | €2,129,941 | +€577,666 | +37.2% |
| Taxes, remuneration and social security | 45 | €550,968 | €541,308 | -€9,660 | -1.8% |
| Taxes | 450/3 | €83,519 | €102,960 | +€19,441 | +23.3% |
| Remuneration and social security | 454/9 | €467,449 | €438,348 | -€29,101 | -6.2% |
| Accrued charges and deferred income | 492/3 | €162,179 | €20,914 | -€141,265 | -87.1% |
| Remuneration, social security and pensions | 62 | €3,709,953 | €3,532,779 | -€177,174 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,695 | €4,896 | +€1,201 | +32.5% |
| Other operating charges | 640/8 | €1,428 | €21,807 | +€20,379 | +1,427% |
| Non-recurring operating charges | 66A | - | €29,343 | +€29,343 | |
| Gross operating margin | 9900 | €3,293,752 | €3,383,155 | +€89,403 | +2.7% |
| Operating profit (loss) | 9901 | -€421,324 | -€205,670 | +€215,654 | +51.2% |
| Financial income | 75/76B | €19,854 | €19,153 | -€701 | -3.5% |
| Recurring financial income | 75 | €19,854 | €19,153 | -€701 | -3.5% |
| Financial charges | 65/66B | €2,791 | €2,944 | +€153 | +5.5% |
| Recurring financial charges | 65 | €2,791 | €2,944 | +€153 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€404,261 | -€189,461 | +€214,800 | +53.1% |
| Income taxes | 67/77 | - | €400 | +€400 | |
| Profit (loss) for the period | 9904 | -€404,261 | -€189,861 | +€214,400 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€404,261 | -€189,861 | +€214,400 | +53.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.