Het GielsBos: 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
Het GielsBos
NACE 87.202, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.4m+€202,390
Equity
€38.1m
2024 · €36.6m+€1.5m
Cash
€11.3m
2024 · €9.5m+€1.8m
Balance sheet total
€52.3m
2024 · €51.2m+€1.1m
Largest movements
Assets
- Cash +€1.8m
up €1.8m (+18.5%), from €9.5m to €11.3m
mainly Depreciation (+€1.8m) and Net result for the year (+€1.6m)
- Tangible fixed assets -€1.3m
down €1.3m (-3.5%), from €36.6m to €35.3m
of which Land and buildings: -€1.4m
- Receivables within one year +€583,788
up €583,788 (+16.2%), from €3.6m to €4.2m
of which Other amounts receivable: +€568,181
Equity and liabilities
- Reserves +€4.4m
up €4.4m (+33.0%), from €13.3m to €17.7m
- Profit (loss) carried forward -€2.8m
no longer reported in 2025 (was €2.8m)
Income statement
- Staff costs +€1.5m
up €1.5m (+3.9%), from €37.7m to €39.2m
- Turnover +€191,407
up €191,407 (+3.7%), from €5.2m to €5.4m
- Depreciation -€120,519
down €120,519 (-6.2%), from €1.9m to €1.8m
- Financial income -€95,741
down €95,741 (-53.6%), from €178,455 to €82,714
- Goods and materials +€86,891
up €86,891 (+4.5%), from €1.9m to €2.0m
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
€1.4m
Turnover
+€191,407
Other operating income
-€2,868
Goods and materials
-€86,891
Services and other goods
-€9,194
Staff costs
-€1.5m
Depreciation
+€120,519
Other operating charges
+€44,463
Other operating items
+€1.5m
Financial income
-€95,741
Financial charges
-€20,318
Taxes
+€64,534
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€3.0m
Investment
-€636,138
Financing
-€596,206
Cash 2024
€9.5m
From operations (derived)
+€3.0m
Net result for the year
+€1.6m
Depreciation
+€1.8m
Receivables after one year
+€47,869
Receivables within one year
-€583,788
Deferred charges and accrued income
-€6,865
Provisions
-€135,206
Debts within one year
+€279,863
Accrued charges and deferred income
-€33,531
Investment (derived)
-€636,138
Investment in fixed assets (net)
-€534,184
Current investments
-€101,953
Financing
-€596,206
Debts after one year
-€464,134
Contributions, distributions and other
-€132,072
Cash 2025
€11.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,216,733 | €52,344,715 | +€1.1m | +2.2% |
| Fixed assets | 21/28 | €36,593,466 | €35,311,722 | -€1.3m | -3.5% |
| Tangible fixed assets | 22/27 | €36,586,794 | €35,304,850 | -€1.3m | -3.5% |
| Land and buildings | 22 | €34,433,205 | €33,060,636 | -€1.4m | -4.0% |
| Plant, machinery and equipment | 23 | €464,563 | €550,451 | +€85,888 | +18.5% |
| Furniture and vehicles | 24 | €719,085 | €651,807 | -€67,278 | -9.4% |
| Other tangible fixed assets | 26 | €19,731 | €10,203 | -€9,527 | -48.3% |
| Assets under construction and advance payments | 27 | €950,211 | €1,031,753 | +€81,542 | +8.6% |
| Financial fixed assets | 28 | €6,672 | €6,872 | +€200 | +3.0% |
| Other financial fixed assets | 284/8 | €6,672 | €6,872 | +€200 | +3.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,672 | €6,872 | +€200 | +3.0% |
| Current assets | 29/58 | €14,623,267 | €17,032,994 | +€2.4m | +16.5% |
| Amounts receivable after more than one year | 29 | €258,896 | €211,026 | -€47,869 | -18.5% |
| Other amounts receivable | 291 | €258,896 | €211,026 | -€47,869 | -18.5% |
| Stocks and contracts in progress | 3 | €70,205 | €70,205 | = | 0.0% |
| Stocks | 30/36 | €70,205 | €70,205 | = | 0.0% |
| Raw materials and consumables | 30/31 | €70,205 | €70,205 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,597,723 | €4,181,512 | +€583,788 | +16.2% |
| Trade receivables | 40 | €1,302,277 | €1,317,885 | +€15,607 | +1.2% |
| Other amounts receivable | 41 | €2,295,446 | €2,863,627 | +€568,181 | +24.8% |
| Current investments | 50/53 | €684,242 | €786,195 | +€101,953 | +14.9% |
| Cash at bank and in hand | 54/58 | €9,523,465 | €11,288,454 | +€1.8m | +18.5% |
| Deferred charges and accrued income | 490/1 | €488,737 | €495,602 | +€6,865 | +1.4% |
| Total equity and liabilities | 10/49 | €51,216,733 | €52,344,715 | +€1.1m | +2.2% |
| Equity | 10/15 | €36,640,735 | €38,121,725 | +€1.5m | +4.0% |
| Contributions | 10/11 | €5,511,726 | €5,511,726 | = | 0.0% |
| Capital | 10 | €5,511,726 | €5,511,726 | = | 0.0% |
| Reserves | 13 | €13,297,252 | €17,681,097 | +€4.4m | +33.0% |
| Profit (loss) carried forward | 14 | €2,770,784 | - | -€2.8m | |
| Investment grants | 15 | €15,060,973 | €14,928,901 | -€132,072 | -0.9% |
| Provisions and deferred taxes | 16 | €993,269 | €858,064 | -€135,206 | -13.6% |
| Provisions for liabilities and charges | 160/5 | €993,269 | €858,064 | -€135,206 | -13.6% |
| Pensions and similar obligations | 160 | €18,780 | €18,780 | = | 0.0% |
| Major repairs and maintenance | 162 | €974,490 | €839,284 | -€135,206 | -13.9% |
| Amounts payable | 17/49 | €13,582,729 | €13,364,927 | -€217,802 | -1.6% |
| Amounts payable after more than one year | 17 | €3,522,443 | €3,058,309 | -€464,134 | -13.2% |
| Financial debts | 170/4 | €3,522,443 | €3,058,309 | -€464,134 | -13.2% |
| Credit institutions | 173 | €3,522,443 | €3,058,309 | -€464,134 | -13.2% |
| Amounts payable within one year | 42/48 | €9,976,204 | €10,256,067 | +€279,863 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €451,460 | €464,134 | +€12,675 | +2.8% |
| Trade debts | 44 | €971,691 | €612,927 | -€358,764 | -36.9% |
| Suppliers | 440/4 | €971,691 | €612,927 | -€358,764 | -36.9% |
| Taxes, remuneration and social security | 45 | €8,166,705 | €8,747,058 | +€580,353 | +7.1% |
| Taxes | 450/3 | €1,534,928 | €1,571,264 | +€36,336 | +2.4% |
| Remuneration and social security | 454/9 | €6,631,777 | €7,175,794 | +€544,017 | +8.2% |
| Accrued charges and deferred income | 492/3 | €84,082 | €50,551 | -€33,531 | -39.9% |
| Operating income | 70/76A | €46,471,186 | €47,392,623 | +€921,437 | +2.0% |
| Turnover | 70 | €5,160,465 | €5,351,872 | +€191,407 | +3.7% |
| Membership fees, donations, legacies and grants | 73 | €38,686,217 | €39,463,151 | +€776,934 | +2.0% |
| Other operating income | 74 | €1,813,241 | €1,810,373 | -€2,868 | -0.2% |
| Non-recurring operating income | 76A | €811,263 | €767,226 | -€44,036 | -5.4% |
| Operating charges | 60/66A | €45,195,728 | €45,863,249 | +€667,522 | +1.5% |
| Goods for resale, raw materials and consumables | 60 | €1,943,694 | €2,030,586 | +€86,891 | +4.5% |
| Purchases | 600/8 | €1,943,694 | €2,030,586 | +€86,891 | +4.5% |
| Services and other goods | 61 | €2,865,412 | €2,874,606 | +€9,194 | +0.3% |
| Remuneration, social security and pensions | 62 | €37,687,040 | €39,159,577 | +€1.5m | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,936,447 | €1,815,929 | -€120,519 | -6.2% |
| Other operating charges | 640/8 | €161,353 | €116,889 | -€44,463 | -27.6% |
| Non-recurring operating charges | 66A | €387,285 | €869 | -€386,416 | -99.8% |
| Operating profit (loss) | 9901 | €1,275,458 | €1,529,373 | +€253,915 | +19.9% |
| Financial income | 75/76B | €178,455 | €82,714 | -€95,741 | -53.6% |
| Recurring financial income | 75 | €178,455 | €82,714 | -€95,741 | -53.6% |
| Income from current assets | 751 | €178,455 | €82,714 | -€95,741 | -53.6% |
| Financial charges | 65/66B | -€16,744 | €3,573 | +€20,318 | |
| Recurring financial charges | 65 | -€16,744 | €3,573 | +€20,318 | |
| Debt charges | 650 | €114,446 | €102,093 | -€12,353 | -10.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€134,173 | -€101,953 | +€32,220 | +24.0% |
| Other financial charges | 652/9 | €2,983 | €3,434 | +€451 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,470,658 | €1,608,514 | +€137,856 | +9.4% |
| Income taxes | 67/77 | €59,987 | -€4,547 | -€64,534 | |
| Taxes | 670/3 | €59,987 | - | -€59,987 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €4,547 | +€4,547 | |
| Profit (loss) for the period | 9904 | €1,410,671 | €1,613,061 | +€202,390 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,410,671 | €1,613,061 | +€202,390 | +14.3% |
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 17 October 2026 via checked.be.