De Kade: what changed
Two fiscal 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.
What changed
De Kade
NACE 87.201, Residential care activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€803,199
2024 · €2.4m-€1.6m
Equity
€64.5m
2024 · €64.3m+€175,372
Cash
€5.3m
2024 · €18.9m-€13.6m
Balance sheet total
€86.5m
2024 · €85.7m+€744,994
Largest movements
Assets
- Current investments +€15.8m
up €15.8m (+255.1%), from €6.2m to €21.9m
- Cash -€13.6m
down €13.6m (-72.0%), from €18.9m to €5.3m
mainly Current investments (-€15.8m) and Investment in fixed assets (net) (-€2.2m)
- Tangible fixed assets -€1.4m
down €1.4m (-2.5%), from €54.6m to €53.3m
of which Land and buildings: -€1.4m
- Receivables after one year -€1.0m
down €1.0m (-38.1%), from €2.7m to €1.7m
- Receivables within one year +€953,838
up €953,838 (+35.4%), from €2.7m to €3.6m
of which Other amounts receivable: +€1.1m
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Staff costs +€2.1m
up €2.1m (+4.6%), from €46.5m to €48.6m
- Financial income -€530,711
down €530,711 (-72.7%), from €729,509 to €198,798
of which Financial income: -€530,221
- Depreciation +€215,507
up €215,507 (+6.4%), from €3.4m to €3.6m
- Other operating income +€115,139
up €115,139 (+11.0%), from €1.1m to €1.2m
- Other operating charges -€105,147
down €105,147 (-18.9%), from €556,793 to €451,646
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.
Result 2024
€2.4m
Turnover
+€34,934
Other operating income
+€115,139
Goods and materials
+€11,961
Services and other goods
+€55,443
Staff costs
-€2.1m
Depreciation
-€215,507
Write-downs
-€2,184
Other operating charges
+€105,147
Other operating items
+€1.1m
Financial income
-€530,711
Financial charges
-€100,170
Result 2025
€803,199
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.
From operations
+€5.6m
Investment
-€17.9m
Financing
-€1.3m
Cash 2024
€18.9m
From operations (derived)
+€5.6m
Net result for the year
+€803,199
Depreciation
+€3.6m
Receivables after one year
+€1.0m
Stocks and contracts
+€269
Receivables within one year
-€953,838
Deferred charges and accrued income
-€64,255
Provisions
+€206,652
Debts within one year
+€822,306
Accrued charges and deferred income
+€186,137
Investment (derived)
-€17.9m
Investment in fixed assets (net)
-€2.2m
Current investments
-€15.8m
Financing
-€1.3m
Debts after one year
-€645,473
Contributions, distributions and other
-€627,827
Cash 2025
€5.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,708,946 | €86,453,940 | +€744,994 | +0.9% |
| Fixed assets | 21/28 | €54,884,589 | €53,500,538 | -€1.4m | -2.5% |
| Intangible fixed assets | 21 | €43,729 | €29,667 | -€14,062 | -32.2% |
| Tangible fixed assets | 22/27 | €54,629,286 | €53,259,211 | -€1.4m | -2.5% |
| Land and buildings | 22 | €41,686,595 | €40,253,767 | -€1.4m | -3.4% |
| Plant, machinery and equipment | 23 | €2,079,826 | €2,185,335 | +€105,509 | +5.1% |
| Furniture and vehicles | 24 | €1,583,485 | €1,603,392 | +€19,907 | +1.3% |
| Leasing and similar rights | 25 | €585,508 | €556,713 | -€28,795 | -4.9% |
| Other tangible fixed assets | 26 | €8,693,872 | €8,649,119 | -€44,753 | -0.5% |
| Assets under construction and advance payments | 27 | - | €10,885 | +€10,885 | |
| Financial fixed assets | 28 | €211,574 | €211,660 | +€86 | 0.0% |
| Affiliated companies | 280/1 | €173,043 | €173,043 | = | 0.0% |
| Amounts receivable | 281 | €173,043 | €173,043 | = | 0.0% |
| Other financial fixed assets | 284/8 | €38,531 | €38,617 | +€86 | +0.2% |
| Amounts receivable and cash guarantees | 285/8 | €38,531 | €38,617 | +€86 | +0.2% |
| Current assets | 29/58 | €30,824,357 | €32,953,402 | +€2.1m | +6.9% |
| Amounts receivable after more than one year | 29 | €2,671,305 | €1,653,650 | -€1.0m | -38.1% |
| Other amounts receivable | 291 | €2,671,305 | €1,653,650 | -€1.0m | -38.1% |
| Stocks and contracts in progress | 3 | €74,278 | €74,009 | -€269 | -0.4% |
| Stocks | 30/36 | €74,278 | €74,009 | -€269 | -0.4% |
| Raw materials and consumables | 30/31 | €68,406 | €68,137 | -€269 | -0.4% |
| Finished goods | 33 | €372 | - | -€372 | |
| Goods purchased for resale | 34 | €5,500 | €5,872 | +€372 | +6.8% |
| Amounts receivable within one year | 40/41 | €2,695,025 | €3,648,863 | +€953,838 | +35.4% |
| Trade receivables | 40 | €1,620,696 | €1,470,421 | -€150,275 | -9.3% |
| Other amounts receivable | 41 | €1,074,329 | €2,178,442 | +€1.1m | +102.8% |
| Current investments | 50/53 | €6,176,184 | €21,930,224 | +€15.8m | +255.1% |
| Cash at bank and in hand | 54/58 | €18,926,306 | €5,301,142 | -€13.6m | -72.0% |
| Deferred charges and accrued income | 490/1 | €281,259 | €345,514 | +€64,255 | +22.8% |
| Total equity and liabilities | 10/49 | €85,708,946 | €86,453,940 | +€744,994 | +0.9% |
| Equity | 10/15 | €64,301,634 | €64,477,006 | +€175,372 | +0.3% |
| Contributions | 10/11 | €26,440,058 | €26,440,058 | = | 0.0% |
| Capital | 10 | €26,440,058 | €26,440,058 | = | 0.0% |
| Reserves | 13 | €25,426,361 | €26,226,361 | +€800,000 | +3.1% |
| Profit (loss) carried forward | 14 | €4,061 | €7,260 | +€3,199 | +78.8% |
| Investment grants | 15 | €12,431,154 | €11,803,327 | -€627,827 | -5.1% |
| Provisions and deferred taxes | 16 | €1,574,060 | €1,780,712 | +€206,652 | +13.1% |
| Provisions for liabilities and charges | 160/5 | €1,574,060 | €1,780,712 | +€206,652 | +13.1% |
| Major repairs and maintenance | 162 | €955,029 | €1,165,711 | +€210,682 | +22.1% |
| Other liabilities and charges | 164/5 | €619,031 | €615,001 | -€4,030 | -0.7% |
| Amounts payable | 17/49 | €19,833,252 | €20,196,222 | +€362,970 | +1.8% |
| Amounts payable after more than one year | 17 | €7,664,976 | €7,019,503 | -€645,473 | -8.4% |
| Financial debts | 170/4 | €7,650,771 | €7,009,665 | -€641,106 | -8.4% |
| Leasing and similar obligations | 172 | €306,393 | €298,696 | -€7,697 | -2.5% |
| Credit institutions | 173 | €7,344,378 | €6,710,969 | -€633,409 | -8.6% |
| Other amounts payable | 178/9 | €14,205 | €9,838 | -€4,367 | -30.7% |
| Amounts payable within one year | 42/48 | €10,358,109 | €11,180,415 | +€822,306 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €634,774 | €647,693 | +€12,919 | +2.0% |
| Trade debts | 44 | €910,269 | €2,449,059 | +€1.5m | +169.0% |
| Suppliers | 440/4 | €910,269 | €2,449,059 | +€1.5m | +169.0% |
| Advances received on contracts in progress | 46 | €200 | €349 | +€149 | +74.5% |
| Taxes, remuneration and social security | 45 | €8,513,122 | €7,935,808 | -€577,314 | -6.8% |
| Taxes | 450/3 | €1,298,641 | €551,814 | -€746,827 | -57.5% |
| Remuneration and social security | 454/9 | €7,214,481 | €7,383,994 | +€169,513 | +2.3% |
| Accrued charges and deferred income | 492/3 | €1,810,167 | €1,996,304 | +€186,137 | +10.3% |
| Operating income | 70/76A | €58,577,339 | €60,221,495 | +€1.6m | +2.8% |
| Turnover | 70 | €7,732,793 | €7,767,727 | +€34,934 | +0.5% |
| Other operating income | 74 | €1,050,565 | €1,165,704 | +€115,139 | +11.0% |
| Non-recurring operating income | 76A | €11,230 | €2,090 | -€9,140 | -81.4% |
| Operating charges | 60/66A | €56,898,666 | €59,473,880 | +€2.6m | +4.5% |
| Goods for resale, raw materials and consumables | 60 | €1,938,016 | €1,926,055 | -€11,961 | -0.6% |
| Purchases | 600/8 | €1,934,405 | €1,925,786 | -€8,619 | -0.4% |
| Change in stocks: decrease (increase) | 609 | €3,611 | €269 | -€3,342 | -92.6% |
| Services and other goods | 61 | €4,745,634 | €4,690,191 | -€55,443 | -1.2% |
| Remuneration, social security and pensions | 62 | €46,462,044 | €48,609,106 | +€2.1m | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,359,553 | €3,575,060 | +€215,507 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,111 | €3,295 | +€2,184 | +196.6% |
| Other operating charges | 640/8 | €556,793 | €451,646 | -€105,147 | -18.9% |
| Non-recurring operating charges | 66A | €7,500 | €11,875 | +€4,375 | +58.3% |
| Operating profit (loss) | 9901 | €1,678,673 | €747,615 | -€931,058 | -55.5% |
| Financial income | 75/76B | €729,509 | €198,798 | -€530,711 | -72.7% |
| Recurring financial income | 75 | €729,019 | €198,798 | -€530,221 | -72.7% |
| Income from current assets | 751 | €533,192 | €165,847 | -€367,345 | -68.9% |
| Other financial income | 752/9 | €195,827 | €32,951 | -€162,876 | -83.2% |
| Non-recurring financial income | 76B | €490 | - | -€490 | |
| Financial charges | 65/66B | €43,044 | €143,214 | +€100,170 | +232.7% |
| Recurring financial charges | 65 | €43,044 | €143,214 | +€100,170 | +232.7% |
| Debt charges | 650 | €144,908 | €133,307 | -€11,601 | -8.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€114,900 | - | +€114,900 | |
| Other financial charges | 652/9 | €13,036 | €9,907 | -€3,129 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €2,365,138 | €803,199 | -€1.6m | -66.0% |
| Profit (loss) for the period | 9904 | €2,365,138 | €803,199 | -€1.6m | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,365,138 | €803,199 | -€1.6m | -66.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.