GHIMAR: 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
GHIMAR
NACE 87.101, Residential care activities
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€894,370
2023 · -€373,210-€521,160
Equity
€2.1m
2023 · €3.0m-€894,370
Cash
€432
2023 · €3,347-€2,916
Balance sheet total
€13.3m
2023 · €11.5m+€1.9m
Largest movements
Assets
- Tangible fixed assets +€2.1m
up €2.1m (+21.1%), from €10.0m to €12.1m
of which Land and buildings: +€2.1m
- Receivables within one year -€236,246
down €236,246 (-24.8%), from €951,918 to €715,672
of which Trade receivables: -€253,552
Equity and liabilities
- Debts after one year +€1.3m
up €1.3m (+19.5%), from €6.6m to €7.9m
- Profit (loss) carried forward -€894,370
down €894,370 (-364.4%), from -€245,422 to -€1.1m
- Trade debts +€814,142
up €814,142 (+141.4%), from €575,836 to €1.4m
- Other debts +€513,321
up €513,321 (+82.1%), from €625,414 to €1.1m
Income statement
- Turnover -€3.5m
no longer reported in 2024 (was €3.5m)
- Purchases and services -€1.2m
no longer reported in 2024 (was €1.2m)
- Staff costs +€186,447
up €186,447 (+8.5%), from €2.2m to €2.4m
- Depreciation +€160,195
up €160,195 (+26.1%), from €613,164 to €773,359
- Gross operating margin -€131,395
down €131,395 (-5.2%), from €2.5m to €2.4m
From the 2023 result to the 2024 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 2023
-€373,210
Gross operating margin
-€131,395
Staff costs
-€186,447
Depreciation
-€160,195
Other operating charges
+€1,442
Financial income
+€19,165
Financial charges
-€65,520
Taxes
+€1,790
Result 2024
-€894,370
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.5m
Investment
-€2.9m
Financing
+€1.4m
Cash 2023
€3,347
From operations (derived)
+€1.5m
Net result for the year
-€894,370
Depreciation
+€773,359
Receivables after one year
-€13,742
Receivables within one year
+€236,246
Trade debts
+€814,142
Tax, wage and social debts
-€32,606
Other debts
+€513,321
Accrued charges and deferred income
+€87,171
Investment (derived)
-€2.9m
Investment in fixed assets (net)
-€2.9m
Financing
+€1.4m
Debts after one year
+€1.3m
Current portion of long-term debt
+€105,472
Cash 2024
€432
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,470,207 | €13,346,146 | +€1.9m | +16.4% |
| Fixed assets | 21/28 | €9,960,279 | €12,061,638 | +€2.1m | +21.1% |
| Tangible fixed assets | 22/27 | €9,960,211 | €12,061,570 | +€2.1m | +21.1% |
| Land and buildings | 22 | €9,787,709 | €11,847,114 | +€2.1m | +21.0% |
| Plant, machinery and equipment | 23 | €98,744 | €98,892 | +€148 | +0.1% |
| Furniture and vehicles | 24 | €73,757 | €115,563 | +€41,806 | +56.7% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €1,509,928 | €1,284,508 | -€225,420 | -14.9% |
| Amounts receivable after more than one year | 29 | €549,663 | €563,405 | +€13,742 | +2.5% |
| Other amounts receivable | 291 | €549,663 | €563,405 | +€13,742 | +2.5% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €951,918 | €715,672 | -€236,246 | -24.8% |
| Trade receivables | 40 | €503,887 | €250,335 | -€253,552 | -50.3% |
| Other amounts receivable | 41 | €448,030 | €465,336 | +€17,306 | +3.9% |
| Cash at bank and in hand | 54/58 | €3,347 | €432 | -€2,916 | -87.1% |
| Total equity and liabilities | 10/49 | €11,470,207 | €13,346,146 | +€1.9m | +16.4% |
| Equity | 10/15 | €2,992,844 | €2,098,473 | -€894,370 | -29.9% |
| Contributions | 10/11 | €745,016 | €745,016 | = | 0.0% |
| Capital | 10 | €745,016 | €745,016 | = | 0.0% |
| Issued capital | 100 | €745,016 | €745,016 | = | 0.0% |
| Reserves | 13 | €2,493,250 | €2,493,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €93,250 | €74,500 | -€18,750 | -20.1% |
| Legal reserve | 130 | €74,500 | €74,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,750 | - | -€18,750 | |
| Tax-exempt reserves | 132 | - | €18,750 | +€18,750 | |
| Distributable reserves | 133 | €2,400,000 | €2,400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,422 | -€1,139,792 | -€894,370 | -364.4% |
| Amounts payable | 17/49 | €8,477,363 | €11,247,673 | +€2.8m | +32.7% |
| Amounts payable after more than one year | 17 | €6,567,368 | €7,850,176 | +€1.3m | +19.5% |
| Financial debts | 170/4 | €6,567,368 | €7,850,176 | +€1.3m | +19.5% |
| Amounts payable within one year | 42/48 | €1,909,996 | €3,310,325 | +€1.4m | +73.3% |
| Current portion of amounts payable after more than one year | 42 | €389,517 | €494,989 | +€105,472 | +27.1% |
| Trade debts | 44 | €575,836 | €1,389,978 | +€814,142 | +141.4% |
| Suppliers | 440/4 | €575,836 | €1,389,978 | +€814,142 | +141.4% |
| Taxes, remuneration and social security | 45 | €319,229 | €286,623 | -€32,606 | -10.2% |
| Taxes | 450/3 | €319,229 | €286,623 | -€32,606 | -10.2% |
| Other amounts payable | 47/48 | €625,414 | €1,138,736 | +€513,321 | +82.1% |
| Accrued charges and deferred income | 492/3 | - | €87,171 | +€87,171 | |
| Turnover | 70 | €3,462,959 | - | -€3.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,153,160 | - | -€1.2m | |
| Remuneration, social security and pensions | 62 | €2,200,397 | €2,386,843 | +€186,447 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613,164 | €773,359 | +€160,195 | +26.1% |
| Other operating charges | 640/8 | €34,687 | €33,245 | -€1,442 | -4.2% |
| Gross operating margin | 9900 | €2,540,227 | €2,408,831 | -€131,395 | -5.2% |
| Operating profit (loss) | 9901 | -€308,021 | -€784,616 | -€476,595 | -154.7% |
| Financial income | 75/76B | €24,139 | €43,304 | +€19,165 | +79.4% |
| Recurring financial income | 75 | €24,139 | €43,304 | +€19,165 | +79.4% |
| Financial charges | 65/66B | €80,522 | €146,043 | +€65,520 | +81.4% |
| Recurring financial charges | 65 | €80,522 | €146,043 | +€65,520 | +81.4% |
| Profit (loss) for the period before taxes | 9903 | -€364,405 | -€887,355 | -€522,950 | -143.5% |
| Income taxes | 67/77 | €8,806 | €7,016 | -€1,790 | -20.3% |
| Profit (loss) for the period | 9904 | -€373,210 | -€894,370 | -€521,160 | -139.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€373,210 | -€894,370 | -€521,160 | -139.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.