de Refuge: what changed
Two financial 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 Refuge
NACE 87.301, Residential care activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€142,112
2024 · €124,113+€17,998
Equity
€18.5m
2024 · €18.5m+€10,437
Cash
€2.3m
2024 · €1.7m+€603,002
Balance sheet total
€25.5m
2024 · €25.6m-€61,194
Largest movements
Assets
- Tangible fixed assets -€622,392
down €622,392 (-2.9%), from €21.7m to €21.1m
of which Land and buildings: -€557,209
- Cash +€603,002
up €603,002 (+35.6%), from €1.7m to €2.3m
mainly Depreciation (+€1.1m) and Provisions (+€307,789)
Equity and liabilities
- Debts after one year -€354,183
down €354,183 (-11.1%), from €3.2m to €2.8m
of which Other amounts payable: -€243,930
- Provisions +€307,789
up €307,789 (+360.5%), from €85,373 to €393,162
Income statement
- Turnover +€723,125
up €723,125 (+5.2%), from €13.9m to €14.6m
- Staff costs +€478,876
up €478,876 (+4.2%), from €11.3m to €11.8m
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
€124,113
Turnover
+€723,125
Other operating income
+€24,331
Goods and materials
-€26,753
Services and other goods
+€1,520
Staff costs
-€478,876
Depreciation
-€40,364
Write-downs
+€2,492
Other operating charges
-€17,305
Other operating items
-€166,518
Financial income
-€3,076
Financial charges
-€43
Taxes
-€535
Result 2025
€142,112
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
+€1.6m
Investment
-€476,815
Financing
-€485,858
Cash 2024
€1.7m
From operations (derived)
+€1.6m
Net result for the year
+€142,112
Depreciation
+€1.1m
Receivables after one year
+€4,200
Stocks and contracts
+€35,933
Receivables within one year
-€45,126
Deferred charges and accrued income
+€44,500
Provisions
+€307,789
Debts within one year
-€24,898
Accrued charges and deferred income
-€338
Investment (derived)
-€476,815
Investment in fixed assets (net)
-€476,815
Financing
-€485,858
Debts after one year
-€354,183
Contributions, distributions and other
-€131,675
Cash 2025
€2.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,569,963 | €25,508,770 | -€61,194 | -0.2% |
| Fixed assets | 21/28 | €21,726,599 | €21,101,911 | -€624,688 | -2.9% |
| Intangible fixed assets | 21 | €14,816 | €12,520 | -€2,296 | -15.5% |
| Tangible fixed assets | 22/27 | €21,711,784 | €21,089,392 | -€622,392 | -2.9% |
| Land and buildings | 22 | €20,230,774 | €19,673,565 | -€557,209 | -2.8% |
| Plant, machinery and equipment | 23 | €1,119,498 | €1,091,812 | -€27,686 | -2.5% |
| Furniture and vehicles | 24 | €361,512 | €324,014 | -€37,497 | -10.4% |
| Current assets | 29/58 | €3,843,364 | €4,406,858 | +€563,495 | +14.7% |
| Amounts receivable after more than one year | 29 | €8,050 | €3,850 | -€4,200 | -52.2% |
| Other amounts receivable | 291 | €8,050 | €3,850 | -€4,200 | -52.2% |
| Stocks and contracts in progress | 3 | €164,223 | €128,290 | -€35,933 | -21.9% |
| Stocks | 30/36 | €164,223 | €128,290 | -€35,933 | -21.9% |
| Raw materials and consumables | 30/31 | €164,223 | €128,290 | -€35,933 | -21.9% |
| Amounts receivable within one year | 40/41 | €1,624,731 | €1,669,857 | +€45,126 | +2.8% |
| Trade receivables | 40 | €1,358,128 | €1,362,764 | +€4,636 | +0.3% |
| Other amounts receivable | 41 | €266,604 | €307,094 | +€40,490 | +15.2% |
| Cash at bank and in hand | 54/58 | €1,692,886 | €2,295,888 | +€603,002 | +35.6% |
| Deferred charges and accrued income | 490/1 | €353,473 | €308,973 | -€44,500 | -12.6% |
| Total equity and liabilities | 10/49 | €25,569,963 | €25,508,770 | -€61,194 | -0.2% |
| Equity | 10/15 | €18,527,052 | €18,537,489 | +€10,437 | +0.1% |
| Contributions | 10/11 | €14,550,577 | €14,550,577 | = | 0.0% |
| Capital | 10 | €14,550,577 | €14,550,577 | = | 0.0% |
| Reserves | 13 | €2,381,171 | €2,466,438 | +€85,267 | +3.6% |
| Profit (loss) carried forward | 14 | €1,361,804 | €1,418,649 | +€56,845 | +4.2% |
| Investment grants | 15 | €233,499 | €101,824 | -€131,675 | -56.4% |
| Provisions and deferred taxes | 16 | €85,373 | €393,162 | +€307,789 | +360.5% |
| Provisions for liabilities and charges | 160/5 | €85,373 | €393,162 | +€307,789 | +360.5% |
| Pensions and similar obligations | 160 | €25,433 | €13,117 | -€12,316 | -48.4% |
| Other liabilities and charges | 164/5 | €59,940 | €380,045 | +€320,105 | +534.0% |
| Amounts payable | 17/49 | €6,957,539 | €6,578,120 | -€379,419 | -5.5% |
| Amounts payable after more than one year | 17 | €3,192,740 | €2,838,557 | -€354,183 | -11.1% |
| Financial debts | 170/4 | €1,485,236 | €1,374,983 | -€110,253 | -7.4% |
| Credit institutions | 173 | €1,485,236 | €1,374,983 | -€110,253 | -7.4% |
| Other amounts payable | 178/9 | €1,707,504 | €1,463,574 | -€243,930 | -14.3% |
| Amounts payable within one year | 42/48 | €3,761,840 | €3,736,942 | -€24,898 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €456,077 | €354,183 | -€101,893 | -22.3% |
| Trade debts | 44 | €593,443 | €548,965 | -€44,478 | -7.5% |
| Suppliers | 440/4 | €593,443 | €548,965 | -€44,478 | -7.5% |
| Advances received on contracts in progress | 46 | €437,455 | €464,600 | +€27,145 | +6.2% |
| Taxes, remuneration and social security | 45 | €2,274,865 | €2,361,899 | +€87,034 | +3.8% |
| Taxes | 450/3 | €277,718 | €277,184 | -€535 | -0.2% |
| Remuneration and social security | 454/9 | €1,997,146 | €2,084,715 | +€87,569 | +4.4% |
| Accrued charges and deferred income | 492/3 | €2,959 | €2,621 | -€338 | -11.4% |
| Operating income | 70/76A | €16,540,235 | €17,404,059 | +€863,823 | +5.2% |
| Turnover | 70 | €13,878,643 | €14,601,768 | +€723,125 | +5.2% |
| Membership fees, donations, legacies and grants | 73 | €2,328,907 | €2,442,518 | +€113,611 | +4.9% |
| Other operating income | 74 | €332,686 | €357,017 | +€24,331 | +7.3% |
| Non-recurring operating income | 76A | - | €2,756 | +€2,756 | |
| Operating charges | 60/66A | €16,323,630 | €17,165,800 | +€842,170 | +5.2% |
| Goods for resale, raw materials and consumables | 60 | €1,707,678 | €1,734,431 | +€26,753 | +1.6% |
| Purchases | 600/8 | €1,725,502 | €1,698,498 | -€27,004 | -1.6% |
| Change in stocks: decrease (increase) | 609 | -€17,824 | €35,933 | +€53,757 | |
| Services and other goods | 61 | €2,157,706 | €2,156,186 | -€1,520 | -0.1% |
| Remuneration, social security and pensions | 62 | €11,308,827 | €11,787,703 | +€478,876 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,061,139 | €1,101,503 | +€40,364 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,492 | -€2,492 | |
| Other operating charges | 640/8 | €60,692 | €77,997 | +€17,305 | +28.5% |
| Non-recurring operating charges | 66A | €24,363 | €2,683 | -€21,680 | -89.0% |
| Operating profit (loss) | 9901 | €216,605 | €238,259 | +€21,653 | +10.0% |
| Financial income | 75/76B | €27,984 | €24,908 | -€3,076 | -11.0% |
| Recurring financial income | 75 | €27,984 | €24,908 | -€3,076 | -11.0% |
| Income from current assets | 751 | - | €4,196 | +€4,196 | |
| Other financial income | 752/9 | €27,984 | €20,712 | -€7,272 | -26.0% |
| Financial charges | 65/66B | €89,687 | €89,731 | +€43 | 0.0% |
| Recurring financial charges | 65 | €89,687 | €89,731 | +€43 | 0.0% |
| Debt charges | 650 | €88,025 | €87,559 | -€466 | -0.5% |
| Other financial charges | 652/9 | €1,663 | €2,172 | +€509 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €154,903 | €173,436 | +€18,534 | +12.0% |
| Income taxes | 67/77 | €30,789 | €31,325 | +€535 | +1.7% |
| Taxes | 670/3 | €30,789 | €31,325 | +€535 | +1.7% |
| Profit (loss) for the period | 9904 | €124,113 | €142,112 | +€17,998 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €124,113 | €142,112 | +€17,998 | +14.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.