KORAAL: 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
KORAAL
NACE 87.991, Residential care activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€259,559
2024 · €553,854-€294,294
Equity
€11.0m
2024 · €10.8m+€179,091
Cash
€38,541
2024 · €284,597-€246,056
Balance sheet total
€12.8m
2024 · €12.7m+€62,781
Largest movements
Assets
- Current investments +€998,989
up €998,989 (+19.4%), from €5.2m to €6.2m
- Receivables within one year -€458,163
down €458,163 (-42.0%), from €1.1m to €633,972
of which Other amounts receivable: -€453,216
- Cash -€246,056
down €246,056 (-86.5%), from €284,597 to €38,541
mainly Current investments (-€998,989) and Investment in fixed assets (net) (-€268,093)
- Tangible fixed assets -€190,621
down €190,621 (-3.1%), from €6.1m to €5.9m
of which Land and buildings: -€201,935
Equity and liabilities
- Profit (loss) carried forward +€136,175
up €136,175 (+3.1%), from €4.4m to €4.5m
Income statement
- Staff costs +€442,463
up €442,463 (+6.2%), from €7.1m to €7.6m
- Financial charges -€166,979
down €166,979 (-85.4%), from €195,587 to €28,609
- Services and other goods +€152,579
up €152,579 (+19.8%), from €772,114 to €924,692
- Financial income -€97,909
down €97,909 (-20.5%), from €478,658 to €380,748
- Turnover -€75,570
down €75,570 (-7.1%), from €1.1m to €981,724
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
€553,854
Turnover
-€75,570
Other operating income
-€11,630
Goods and materials
-€35,277
Services and other goods
-€152,579
Staff costs
-€442,463
Depreciation
-€4,393
Other operating charges
-€1,048
Other operating items
+€367,768
Financial income
-€97,909
Financial charges
+€166,979
Taxes
-€8,172
Result 2025
€259,559
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
+€1.2m
Investment
-€1.3m
Financing
-€158,529
Cash 2024
€284,597
From operations (derived)
+€1.2m
Net result for the year
+€259,559
Depreciation
+€458,714
Receivables within one year
+€458,163
Deferred charges and accrued income
+€41,368
Debts within one year
-€18,189
Accrued charges and deferred income
-€20,061
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€268,093
Current investments
-€998,989
Financing
-€158,529
Debts after one year
-€78,061
Contributions, distributions and other
-€80,468
Cash 2025
€38,541
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,706,511 | €12,769,291 | +€62,781 | +0.5% |
| Fixed assets | 21/28 | €6,117,328 | €5,926,707 | -€190,621 | -3.1% |
| Tangible fixed assets | 22/27 | €6,114,918 | €5,924,297 | -€190,621 | -3.1% |
| Land and buildings | 22 | €5,623,107 | €5,421,173 | -€201,935 | -3.6% |
| Plant, machinery and equipment | 23 | €253,946 | €258,635 | +€4,689 | +1.8% |
| Furniture and vehicles | 24 | €237,865 | €244,489 | +€6,624 | +2.8% |
| Financial fixed assets | 28 | €2,410 | €2,410 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,410 | €2,410 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,410 | €2,410 | = | 0.0% |
| Current assets | 29/58 | €6,589,183 | €6,842,585 | +€253,402 | +3.8% |
| Amounts receivable within one year | 40/41 | €1,092,136 | €633,972 | -€458,163 | -42.0% |
| Trade receivables | 40 | €15,519 | €10,571 | -€4,948 | -31.9% |
| Other amounts receivable | 41 | €1,076,617 | €623,401 | -€453,216 | -42.1% |
| Current investments | 50/53 | €5,158,276 | €6,157,265 | +€998,989 | +19.4% |
| Cash at bank and in hand | 54/58 | €284,597 | €38,541 | -€246,056 | -86.5% |
| Deferred charges and accrued income | 490/1 | €54,175 | €12,807 | -€41,368 | -76.4% |
| Total equity and liabilities | 10/49 | €12,706,511 | €12,769,291 | +€62,781 | +0.5% |
| Equity | 10/15 | €10,808,165 | €10,987,257 | +€179,091 | +1.7% |
| Contributions | 10/11 | €2,195,136 | €2,195,136 | = | 0.0% |
| Capital | 10 | €2,195,136 | €2,195,136 | = | 0.0% |
| Reserves | 13 | €2,491,886 | €2,615,271 | +€123,384 | +5.0% |
| Profit (loss) carried forward | 14 | €4,350,844 | €4,487,019 | +€136,175 | +3.1% |
| Investment grants | 15 | €1,770,299 | €1,689,831 | -€80,468 | -4.5% |
| Amounts payable | 17/49 | €1,898,345 | €1,782,035 | -€116,310 | -6.1% |
| Amounts payable after more than one year | 17 | €888,242 | €810,182 | -€78,061 | -8.8% |
| Financial debts | 170/4 | €887,832 | €809,772 | -€78,061 | -8.8% |
| Credit institutions | 173 | €887,832 | €809,772 | -€78,061 | -8.8% |
| Other amounts payable | 178/9 | €410 | €410 | = | 0.0% |
| Amounts payable within one year | 42/48 | €945,613 | €927,424 | -€18,189 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €77,422 | €78,061 | +€638 | +0.8% |
| Trade debts | 44 | €85,853 | €22,954 | -€62,899 | -73.3% |
| Suppliers | 440/4 | €85,853 | €22,954 | -€62,899 | -73.3% |
| Taxes, remuneration and social security | 45 | €773,638 | €815,959 | +€42,322 | +5.5% |
| Taxes | 450/3 | €28,231 | €30,518 | +€2,287 | +8.1% |
| Remuneration and social security | 454/9 | €745,407 | €785,441 | +€40,034 | +5.4% |
| Accrued charges and deferred income | 492/3 | €64,490 | €44,429 | -€20,061 | -31.1% |
| Operating income | 70/76A | €8,915,552 | €9,196,121 | +€280,568 | +3.1% |
| Turnover | 70 | €1,057,294 | €981,724 | -€75,570 | -7.1% |
| Other operating income | 74 | €178,837 | €167,207 | -€11,630 | -6.5% |
| Operating charges | 60/66A | €8,641,414 | €9,277,174 | +€635,760 | +7.4% |
| Goods for resale, raw materials and consumables | 60 | €272,992 | €308,269 | +€35,277 | +12.9% |
| Purchases | 600/8 | €272,992 | €308,269 | +€35,277 | +12.9% |
| Services and other goods | 61 | €772,114 | €924,692 | +€152,579 | +19.8% |
| Remuneration, social security and pensions | 62 | €7,111,345 | €7,553,808 | +€442,463 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454,321 | €458,714 | +€4,393 | +1.0% |
| Other operating charges | 640/8 | €30,643 | €31,691 | +€1,048 | +3.4% |
| Operating profit (loss) | 9901 | €274,138 | -€81,054 | -€355,192 | |
| Financial income | 75/76B | €478,658 | €380,748 | -€97,909 | -20.5% |
| Recurring financial income | 75 | €478,658 | €380,748 | -€97,909 | -20.5% |
| Income from financial fixed assets | 750 | €478,658 | €380,748 | -€97,909 | -20.5% |
| Financial charges | 65/66B | €195,587 | €28,609 | -€166,979 | -85.4% |
| Recurring financial charges | 65 | €195,587 | €28,609 | -€166,979 | -85.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €7,201 | -€10,908 | -€18,109 | |
| Other financial charges | 652/9 | €188,386 | €39,516 | -€148,870 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €557,209 | €271,086 | -€286,123 | -51.3% |
| Income taxes | 67/77 | €3,355 | €11,527 | +€8,172 | +243.6% |
| Taxes | 670/3 | €3,355 | €11,527 | +€8,172 | +243.6% |
| Profit (loss) for the period | 9904 | €553,854 | €259,559 | -€294,294 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €553,854 | €259,559 | -€294,294 | -53.1% |
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 28 September 2026 via checked.be.