La Passerelle: 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
La Passerelle
NACE 87.202, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€36,579
2024 · -€31,358-€5,221
Equity
€631,964
2024 · €660,860-€28,897
Cash
€28,278
2024 · €38,233-€9,956
Balance sheet total
€1.1m
2024 · €1.1m-€34,783
Largest movements
Assets
- Receivables within one year -€37,605
down €37,605 (-29.6%), from €127,137 to €89,531
of which Other amounts receivable: -€26,833
- Current investments +€32,360
up €32,360 (+7.8%), from €414,745 to €447,105
Equity and liabilities
- Profit (loss) carried forward -€36,579
down €36,579 (-12.4%), from €294,927 to €258,348
- Contributions +€21,500
up €21,500 (+13.0%), from €165,930 to €187,430
- Debts after one year -€15,808
down €15,808 (-9.3%), from €169,987 to €154,179
of which Financial debts: -€15,808
- Investment grants -€13,817
down €13,817 (-6.9%), from €200,003 to €186,186
Income statement
- Staff costs +€58,679
up €58,679 (+5.2%), from €1.1m to €1.2m
- Gross operating margin +€51,797
up €51,797 (+4.1%), from €1.3m to €1.3m
- Purchases and services -€44,706
down €44,706 (-15.0%), from €297,794 to €253,088
- Turnover -€39,328
down €39,328 (-10.4%), from €378,575 to €339,247
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
-€31,358
Gross operating margin
+€51,797
Staff costs
-€58,679
Depreciation
+€1,047
Other operating charges
-€1,373
Other operating items
+€3,257
Financial income
-€1,693
Financial charges
+€423
Result 2025
-€36,579
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
+€66,292
Investment
-€68,122
Financing
-€8,126
Cash 2024
€38,233
From operations (derived)
+€66,292
Net result for the year
-€36,579
Depreciation
+€47,184
Stocks and contracts
-€2,409
Receivables within one year
+€37,605
Deferred charges and accrued income
+€10,568
Debts within one year
+€9,965
Accrued charges and deferred income
-€43
Investment (derived)
-€68,122
Investment in fixed assets (net)
-€35,761
Current investments
-€32,360
Financing
-€8,126
Debts after one year
-€15,808
Contributions, distributions and other
+€7,683
Cash 2025
€28,278
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,148,517 | €1,113,734 | -€34,783 | -3.0% |
| Fixed assets | 21/28 | €550,387 | €538,964 | -€11,423 | -2.1% |
| Tangible fixed assets | 22/27 | €550,237 | €538,814 | -€11,423 | -2.1% |
| Land and buildings | 22 | €528,693 | €513,624 | -€15,069 | -2.9% |
| Plant, machinery and equipment | 23 | €14,256 | €18,998 | +€4,742 | +33.3% |
| Furniture and vehicles | 24 | €7,288 | €6,192 | -€1,096 | -15.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €598,130 | €574,770 | -€23,360 | -3.9% |
| Stocks and contracts in progress | 3 | €3,698 | €6,107 | +€2,409 | +65.1% |
| Stocks | 30/36 | €3,698 | €6,107 | +€2,409 | +65.1% |
| Amounts receivable within one year | 40/41 | €127,137 | €89,531 | -€37,605 | -29.6% |
| Trade receivables | 40 | €49,805 | €39,033 | -€10,772 | -21.6% |
| Other amounts receivable | 41 | €77,331 | €50,498 | -€26,833 | -34.7% |
| Current investments | 50/53 | €414,745 | €447,105 | +€32,360 | +7.8% |
| Cash at bank and in hand | 54/58 | €38,233 | €28,278 | -€9,956 | -26.0% |
| Deferred charges and accrued income | 490/1 | €14,317 | €3,749 | -€10,568 | -73.8% |
| Total equity and liabilities | 10/49 | €1,148,517 | €1,113,734 | -€34,783 | -3.0% |
| Equity | 10/15 | €660,860 | €631,964 | -€28,897 | -4.4% |
| Contributions | 10/11 | €165,930 | €187,430 | +€21,500 | +13.0% |
| Capital | 10 | €165,930 | €187,430 | +€21,500 | +13.0% |
| Profit (loss) carried forward | 14 | €294,927 | €258,348 | -€36,579 | -12.4% |
| Investment grants | 15 | €200,003 | €186,186 | -€13,817 | -6.9% |
| Amounts payable | 17/49 | €487,657 | €481,771 | -€5,886 | -1.2% |
| Amounts payable after more than one year | 17 | €169,987 | €154,179 | -€15,808 | -9.3% |
| Financial debts | 170/4 | €169,389 | €153,581 | -€15,808 | -9.3% |
| Other amounts payable | 178/9 | €597 | €597 | = | 0.0% |
| Amounts payable within one year | 42/48 | €315,600 | €325,564 | +€9,965 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €15,261 | €15,808 | +€548 | +3.6% |
| Trade debts | 44 | €32,466 | €28,983 | -€3,482 | -10.7% |
| Suppliers | 440/4 | €32,466 | €28,983 | -€3,482 | -10.7% |
| Taxes, remuneration and social security | 45 | €201,176 | €222,499 | +€21,323 | +10.6% |
| Taxes | 450/3 | €30,002 | €31,657 | +€1,655 | +5.5% |
| Remuneration and social security | 454/9 | €171,175 | €190,843 | +€19,668 | +11.5% |
| Accrued charges and deferred income | 492/3 | €2,070 | €2,028 | -€43 | -2.1% |
| Turnover | 70 | €378,575 | €339,247 | -€39,328 | -10.4% |
| Membership fees, donations, legacies and grants | 73 | €1,167,249 | €1,208,450 | +€41,201 | +3.5% |
| Non-recurring operating income | 76A | €17,853 | €23,072 | +€5,218 | +29.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €297,794 | €253,088 | -€44,706 | -15.0% |
| Remuneration, social security and pensions | 62 | €1,130,737 | €1,189,417 | +€58,679 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,232 | €47,184 | -€1,047 | -2.2% |
| Other operating charges | 640/8 | €125,748 | €127,121 | +€1,373 | +1.1% |
| Non-recurring operating charges | 66A | €4,723 | €1,466 | -€3,257 | -69.0% |
| Gross operating margin | 9900 | €1,265,884 | €1,317,681 | +€51,797 | +4.1% |
| Operating profit (loss) | 9901 | -€43,557 | -€47,508 | -€3,951 | -9.1% |
| Financial income | 75/76B | €20,287 | €18,594 | -€1,693 | -8.3% |
| Recurring financial income | 75 | €20,287 | €18,594 | -€1,693 | -8.3% |
| Financial charges | 65/66B | €8,089 | €7,665 | -€423 | -5.2% |
| Recurring financial charges | 65 | €8,089 | €7,665 | -€423 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,358 | -€36,579 | -€5,221 | -16.6% |
| Profit (loss) for the period | 9904 | -€31,358 | -€36,579 | -€5,221 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,358 | -€36,579 | -€5,221 | -16.6% |
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 1 November 2026 via checked.be.