LABEL VIE: 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
LABEL VIE
NACE 87.991, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€373,536
2024 · €491,406-€117,869
Equity
€537,233
2024 · €413,697+€123,536
Cash
€708,574
2024 · €830,278-€121,704
Balance sheet total
€2.7m
2024 · €2.9m-€196,802
Largest movements
Assets
- Receivables within one year -€153,472
down €153,472 (-24.6%), from €623,156 to €469,684
of which Other amounts receivable: -€286,812
- Cash -€121,704
down €121,704 (-14.7%), from €830,278 to €708,574
mainly Contributions, distributions and other (-€250,000) and Investment in fixed assets (net) (-€216,843)
- Deferred charges and accrued income +€51,763
up €51,763 (+79.7%), from €64,946 to €116,709
Equity and liabilities
- Other debts -€140,000
down €140,000 (-35.8%), from €390,600 to €250,600
- Profit (loss) carried forward +€123,536
up €123,536 (+47.6%), from €259,697 to €383,233
- Trade debts -€118,344
down €118,344 (-59.6%), from €198,669 to €80,325
- Debts after one year -€111,535
down €111,535 (-9.5%), from €1.2m to €1.1m
- Advances received +€82,551
new in 2025: €82,551
Income statement
- Staff costs +€120,875
up €120,875 (+5.8%), from €2.1m to €2.2m
- Gross operating margin -€47,201
down €47,201 (-1.6%), from €3.0m to €3.0m
- Taxes -€32,620
down €32,620 (-19.4%), from €168,047 to €135,427
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
€491,406
Gross operating margin
-€47,201
Staff costs
-€120,875
Depreciation
-€17,109
Write-downs
+€13,842
Other operating charges
+€15,164
Financial income
-€55
Financial charges
+€5,744
Taxes
+€32,620
Result 2025
€373,536
raises the resultlowers the result
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
+€492,779
Investment
-€216,843
Financing
-€397,639
Cash 2024
€830,278
From operations (derived)
+€492,779
Net result for the year
+€373,536
Depreciation
+€190,232
Receivables within one year
+€153,472
Deferred charges and accrued income
-€51,763
Trade debts
-€118,344
Tax, wage and social debts
-€10,781
Advances received
+€82,551
Other debts
-€140,000
Accrued charges and deferred income
+€13,874
Investment (derived)
-€216,843
Investment in fixed assets (net)
-€216,843
Financing
-€397,639
Debts after one year
-€111,535
Current portion of long-term debt
-€36,105
Contributions, distributions and other
-€250,000
Cash 2025
€708,574
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,890,739 | €2,693,936 | -€196,802 | -6.8% |
| Fixed assets | 21/28 | €1,372,358 | €1,398,969 | +€26,611 | +1.9% |
| Tangible fixed assets | 22/27 | €1,371,661 | €1,398,272 | +€26,611 | +1.9% |
| Land and buildings | 22 | €1,313,657 | €1,351,408 | +€37,750 | +2.9% |
| Plant, machinery and equipment | 23 | €32,938 | €20,968 | -€11,970 | -36.3% |
| Furniture and vehicles | 24 | €25,065 | €25,897 | +€831 | +3.3% |
| Financial fixed assets | 28 | €697 | €697 | = | 0.0% |
| Current assets | 29/58 | €1,518,380 | €1,294,967 | -€223,413 | -14.7% |
| Amounts receivable within one year | 40/41 | €623,156 | €469,684 | -€153,472 | -24.6% |
| Trade receivables | 40 | €158,954 | €292,294 | +€133,340 | +83.9% |
| Other amounts receivable | 41 | €464,202 | €177,390 | -€286,812 | -61.8% |
| Cash at bank and in hand | 54/58 | €830,278 | €708,574 | -€121,704 | -14.7% |
| Deferred charges and accrued income | 490/1 | €64,946 | €116,709 | +€51,763 | +79.7% |
| Total equity and liabilities | 10/49 | €2,890,739 | €2,693,936 | -€196,802 | -6.8% |
| Equity | 10/15 | €413,697 | €537,233 | +€123,536 | +29.9% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,697 | €383,233 | +€123,536 | +47.6% |
| Provisions and deferred taxes | 16 | €214,000 | €214,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €214,000 | €214,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €214,000 | €214,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,263,042 | €1,942,703 | -€320,339 | -14.2% |
| Amounts payable after more than one year | 17 | €1,176,195 | €1,064,660 | -€111,535 | -9.5% |
| Financial debts | 170/4 | €1,176,195 | €1,064,660 | -€111,535 | -9.5% |
| Amounts payable within one year | 42/48 | €1,082,280 | €859,602 | -€222,678 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €266,836 | €230,732 | -€36,105 | -13.5% |
| Trade debts | 44 | €198,669 | €80,325 | -€118,344 | -59.6% |
| Suppliers | 440/4 | €198,669 | €80,325 | -€118,344 | -59.6% |
| Advances received on contracts in progress | 46 | - | €82,551 | +€82,551 | |
| Taxes, remuneration and social security | 45 | €226,174 | €215,394 | -€10,781 | -4.8% |
| Taxes | 450/3 | €42,015 | €23,090 | -€18,925 | -45.0% |
| Remuneration and social security | 454/9 | €184,159 | €192,304 | +€8,145 | +4.4% |
| Other amounts payable | 47/48 | €390,600 | €250,600 | -€140,000 | -35.8% |
| Accrued charges and deferred income | 492/3 | €4,567 | €18,441 | +€13,874 | +304% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,094,598 | €2,215,473 | +€120,875 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,123 | €190,232 | +€17,109 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,900 | -€21,742 | -€13,842 | -175% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €48,150 | €32,986 | -€15,164 | -31.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €3,011,617 | €2,964,416 | -€47,201 | -1.6% |
| Operating profit (loss) | 9901 | €703,645 | €547,467 | -€156,178 | -22.2% |
| Financial income | 75/76B | €134 | €79 | -€55 | -41.2% |
| Recurring financial income | 75 | €134 | €79 | -€55 | -41.2% |
| Financial charges | 65/66B | €44,327 | €38,583 | -€5,744 | -13.0% |
| Recurring financial charges | 65 | €44,327 | €38,583 | -€5,744 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €659,453 | €508,963 | -€150,490 | -22.8% |
| Income taxes | 67/77 | €168,047 | €135,427 | -€32,620 | -19.4% |
| Profit (loss) for the period | 9904 | €491,406 | €373,536 | -€117,869 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €491,406 | €373,536 | -€117,869 | -24.0% |
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 19 October 2026 via checked.be.