De Markgrave: 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 Markgrave
NACE 87.304, Residential care activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€373,472
2024 · €289,144+€84,328
Equity
€6.9m
2024 · €6.6m+€306,082
Cash
€2.1m
2024 · €745,512+€1.4m
Balance sheet total
€8.3m
2024 · €8.1m+€238,964
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+184.9%), from €745,512 to €2.1m
mainly Current investments (+€1.0m) and Net result for the year (+€373,472)
- Current investments -€1.0m
down €1.0m (-19.7%), from €5.3m to €4.2m
- Tangible fixed assets -€109,820
down €109,820 (-6.7%), from €1.6m to €1.5m
of which Land and buildings: -€115,534
Equity and liabilities
- Profit (loss) carried forward +€355,472
up €355,472 (+15.8%), from €2.2m to €2.6m
Income statement
- Staff costs +€74,957
up €74,957 (+1.6%), from €4.8m to €4.9m
- Services and other goods -€52,874
down €52,874 (-7.7%), from €689,867 to €636,993
- Turnover +€48,471
up €48,471 (+8.7%), from €554,205 to €602,676
- Other operating income +€46,550
up €46,550 (+24.8%), from €188,027 to €234,577
- Goods and materials +€27,724
up €27,724 (+13.4%), from €206,218 to €233,942
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
€289,144
Turnover
+€48,471
Other operating income
+€46,550
Goods and materials
-€27,724
Services and other goods
+€52,874
Staff costs
-€74,957
Depreciation
-€97
Write-downs
-€8,946
Other operating charges
-€6,408
Other operating items
+€40,630
Financial income
+€2,679
Financial charges
+€11,256
Result 2025
€373,472
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
+€532,636
Investment
+€930,871
Financing
-€85,353
Cash 2024
€745,512
From operations (derived)
+€532,636
Net result for the year
+€373,472
Depreciation
+€215,357
Receivables within one year
-€2,557
Deferred charges and accrued income
-€4,481
Provisions
-€23,715
Debts within one year
-€18,174
Accrued charges and deferred income
-€7,266
Investment (derived)
+€930,871
Investment in fixed assets (net)
-€105,837
Current investments
+€1.0m
Financing
-€85,353
Debts after one year
-€17,963
Contributions, distributions and other
-€67,390
Cash 2025
€2.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,061,173 | €8,300,137 | +€238,964 | +3.0% |
| Fixed assets | 21/28 | €1,649,346 | €1,539,826 | -€109,520 | -6.6% |
| Tangible fixed assets | 22/27 | €1,639,433 | €1,529,613 | -€109,820 | -6.7% |
| Land and buildings | 22 | €1,361,451 | €1,245,917 | -€115,534 | -8.5% |
| Plant, machinery and equipment | 23 | €188,627 | €171,522 | -€17,105 | -9.1% |
| Furniture and vehicles | 24 | €41,627 | €76,122 | +€34,495 | +82.9% |
| Other tangible fixed assets | 26 | €46,074 | €36,052 | -€10,022 | -21.8% |
| Assets under construction and advance payments | 27 | €1,654 | - | -€1,654 | |
| Financial fixed assets | 28 | €9,913 | €10,213 | +€300 | +3.0% |
| Other financial fixed assets | 284/8 | €9,913 | €10,213 | +€300 | +3.0% |
| Amounts receivable and cash guarantees | 285/8 | €9,913 | €10,213 | +€300 | +3.0% |
| Current assets | 29/58 | €6,411,827 | €6,760,311 | +€348,484 | +5.4% |
| Amounts receivable within one year | 40/41 | €393,012 | €395,569 | +€2,557 | +0.7% |
| Trade receivables | 40 | €134,191 | €158,291 | +€24,100 | +18.0% |
| Other amounts receivable | 41 | €258,821 | €237,278 | -€21,543 | -8.3% |
| Current investments | 50/53 | €5,265,369 | €4,228,661 | -€1.0m | -19.7% |
| Cash at bank and in hand | 54/58 | €745,512 | €2,123,666 | +€1.4m | +184.9% |
| Deferred charges and accrued income | 490/1 | €7,934 | €12,415 | +€4,481 | +56.5% |
| Total equity and liabilities | 10/49 | €8,061,173 | €8,300,137 | +€238,964 | +3.0% |
| Equity | 10/15 | €6,574,516 | €6,880,598 | +€306,082 | +4.7% |
| Contributions | 10/11 | €1,022,424 | €1,022,423 | -€1 | 0.0% |
| Capital | 10 | €1,022,424 | €1,022,423 | -€1 | 0.0% |
| Reserves | 13 | €2,597,000 | €2,615,000 | +€18,000 | +0.7% |
| Profit (loss) carried forward | 14 | €2,246,668 | €2,602,140 | +€355,472 | +15.8% |
| Investment grants | 15 | €708,424 | €641,035 | -€67,389 | -9.5% |
| Provisions and deferred taxes | 16 | €335,977 | €312,262 | -€23,715 | -7.1% |
| Provisions for liabilities and charges | 160/5 | €335,977 | €312,262 | -€23,715 | -7.1% |
| Major repairs and maintenance | 162 | €335,977 | €312,262 | -€23,715 | -7.1% |
| Amounts payable | 17/49 | €1,150,680 | €1,107,277 | -€43,403 | -3.8% |
| Amounts payable after more than one year | 17 | €120,789 | €102,826 | -€17,963 | -14.9% |
| Financial debts | 170/4 | €118,986 | €100,993 | -€17,993 | -15.1% |
| Credit institutions | 173 | €118,986 | €100,993 | -€17,993 | -15.1% |
| Other amounts payable | 178/9 | €1,803 | €1,833 | +€30 | +1.7% |
| Amounts payable within one year | 42/48 | €1,018,223 | €1,000,049 | -€18,174 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €17,321 | €17,993 | +€672 | +3.9% |
| Trade debts | 44 | €52,682 | €71,789 | +€19,107 | +36.3% |
| Suppliers | 440/4 | €52,682 | €71,789 | +€19,107 | +36.3% |
| Taxes, remuneration and social security | 45 | €849,774 | €833,550 | -€16,224 | -1.9% |
| Taxes | 450/3 | €54,556 | €48,590 | -€5,966 | -10.9% |
| Remuneration and social security | 454/9 | €795,218 | €784,960 | -€10,258 | -1.3% |
| Accrued charges and deferred income | 492/3 | €11,668 | €4,402 | -€7,266 | -62.3% |
| Operating income | 70/76A | €6,122,141 | €6,259,843 | +€137,702 | +2.2% |
| Turnover | 70 | €554,205 | €602,676 | +€48,471 | +8.7% |
| Other operating income | 74 | €188,027 | €234,577 | +€46,550 | +24.8% |
| Non-recurring operating income | 76A | €19,579 | €4,347 | -€15,232 | -77.8% |
| Operating charges | 60/66A | €5,893,342 | €5,960,651 | +€67,309 | +1.1% |
| Goods for resale, raw materials and consumables | 60 | €206,218 | €233,942 | +€27,724 | +13.4% |
| Purchases | 600/8 | €206,218 | €233,942 | +€27,724 | +13.4% |
| Services and other goods | 61 | €689,867 | €636,993 | -€52,874 | -7.7% |
| Remuneration, social security and pensions | 62 | €4,788,990 | €4,863,947 | +€74,957 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215,260 | €215,357 | +€97 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,946 | - | +€8,946 | |
| Other operating charges | 640/8 | €18,893 | €25,301 | +€6,408 | +33.9% |
| Non-recurring operating charges | 66A | €8,165 | €8,826 | +€661 | +8.1% |
| Operating profit (loss) | 9901 | €228,799 | €299,192 | +€70,393 | +30.8% |
| Financial income | 75/76B | €84,779 | €87,458 | +€2,679 | +3.2% |
| Recurring financial income | 75 | €84,779 | €87,458 | +€2,679 | +3.2% |
| Income from current assets | 751 | €83,118 | €86,979 | +€3,861 | +4.6% |
| Other financial income | 752/9 | €1,661 | €479 | -€1,182 | -71.2% |
| Financial charges | 65/66B | €24,434 | €13,178 | -€11,256 | -46.1% |
| Recurring financial charges | 65 | €24,434 | €13,178 | -€11,256 | -46.1% |
| Debt charges | 650 | €12,105 | €11,643 | -€462 | -3.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €8,208 | - | -€8,208 | |
| Other financial charges | 652/9 | €4,121 | €1,535 | -€2,586 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €289,144 | €373,472 | +€84,328 | +29.2% |
| Profit (loss) for the period | 9904 | €289,144 | €373,472 | +€84,328 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €289,144 | €373,472 | +€84,328 | +29.2% |
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 3 October 2026 via checked.be.