MANDRAGORA: 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
MANDRAGORA
NACE 87.205, Residential care activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€97,336
2023 · €115,018-€17,682
Equity
€1.6m
2023 · €1.5m+€85,492
Cash
€576,798
2023 · €495,010+€81,788
Balance sheet total
€2.8m
2023 · €2.8m+€6,260
Largest movements
Assets
- Receivables within one year -€140,117
down €140,117 (-26.1%), from €537,237 to €397,120
of which Trade receivables: -€79,723
- Cash +€81,788
up €81,788 (+16.5%), from €495,010 to €576,798
mainly Receivables within one year (+€140,117) and Depreciation (+€99,755)
- Tangible fixed assets +€73,092
up €73,092 (+4.2%), from €1.7m to €1.8m
of which Land and buildings: +€73,755
Equity and liabilities
- Profit (loss) carried forward +€97,336
up €97,336 (+8.6%), from €1.1m to €1.2m
- Debts after one year -€60,898
down €60,898 (-7.1%), from €853,176 to €792,278
of which Financial debts: -€60,898
Income statement
- Turnover +€52,953
up €52,953 (+4.4%), from €1.2m to €1.2m
- Purchases and services -€17,046
down €17,046 (-4.4%), from €391,512 to €374,466
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
€115,018
Gross operating margin
+€4,216
Staff costs
-€4,632
Depreciation
-€12,574
Other operating charges
+€338
Other operating items
-€2,052
Financial income
-€3,620
Financial charges
+€642
Result 2024
€97,336
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
+€327,377
Investment
-€172,847
Financing
-€72,742
Cash 2023
€495,010
From operations (derived)
+€327,377
Net result for the year
+€97,336
Depreciation
+€99,755
Stocks and contracts
+€50
Receivables within one year
+€140,117
Deferred charges and accrued income
+€8,453
Debts within one year
-€17,079
Accrued charges and deferred income
-€1,255
Investment (derived)
-€172,847
Investment in fixed assets (net)
-€172,847
Financing
-€72,742
Debts after one year
-€60,898
Contributions, distributions and other
-€11,844
Cash 2024
€576,798
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,797,723 | €2,803,983 | +€6,260 | +0.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,748,786 | €1,821,878 | +€73,092 | +4.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,741,920 | €1,815,012 | +€73,092 | +4.2% |
| Land and buildings | 22 | €1,717,617 | €1,791,372 | +€73,755 | +4.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €22,706 | €23,640 | +€934 | +4.1% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €1,597 | €0 | -€1,597 | -100.0% |
| Financial fixed assets | 28 | €6,866 | €6,866 | = | 0.0% |
| Current assets | 29/58 | €1,048,937 | €982,105 | -€66,832 | -6.4% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €747 | €697 | -€50 | -6.7% |
| Stocks | 30/36 | €747 | €697 | -€50 | -6.7% |
| Contracts in progress | 37 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €537,237 | €397,120 | -€140,117 | -26.1% |
| Trade receivables | 40 | €439,125 | €359,402 | -€79,723 | -18.2% |
| Other amounts receivable | 41 | €98,112 | €37,718 | -€60,394 | -61.6% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €495,010 | €576,798 | +€81,788 | +16.5% |
| Deferred charges and accrued income | 490/1 | €15,943 | €7,490 | -€8,453 | -53.0% |
| Total equity and liabilities | 10/49 | €2,797,723 | €2,803,983 | +€6,260 | +0.2% |
| Equity | 10/15 | €1,514,084 | €1,599,576 | +€85,492 | +5.6% |
| Contributions | 10/11 | - | €0 | = | |
| Capital | 10 | - | €0 | = | |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €1,135,076 | €1,232,412 | +€97,336 | +8.6% |
| Investment grants | 15 | €379,008 | €367,164 | -€11,844 | -3.1% |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Taxes | 161 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Other liabilities and charges | 164/5 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,283,639 | €1,204,407 | -€79,232 | -6.2% |
| Amounts payable after more than one year | 17 | €853,176 | €792,278 | -€60,898 | -7.1% |
| Financial debts | 170/4 | €850,050 | €789,152 | -€60,898 | -7.2% |
| Trade debts | 175 | €0 | €0 | = | |
| Advances received on contracts in progress | 176 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €3,126 | €3,126 | = | 0.0% |
| Amounts payable within one year | 42/48 | €428,599 | €411,520 | -€17,079 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €67,039 | €60,898 | -€6,141 | -9.2% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €116,134 | €92,843 | -€23,291 | -20.1% |
| Suppliers | 440/4 | €116,134 | €92,843 | -€23,291 | -20.1% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €235,727 | €247,680 | +€11,953 | +5.1% |
| Taxes | 450/3 | €42,635 | €48,096 | +€5,461 | +12.8% |
| Remuneration and social security | 454/9 | €193,092 | €199,584 | +€6,492 | +3.4% |
| Accrued charges and deferred income | 492/3 | €1,864 | €609 | -€1,255 | -67.3% |
| Turnover | 70 | €1,191,607 | €1,244,560 | +€52,953 | +4.4% |
| Non-recurring operating income | 76A | €58,651 | €15,635 | -€43,016 | -73.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €391,512 | €374,466 | -€17,046 | -4.4% |
| Remuneration, social security and pensions | 62 | €1,293,957 | €1,298,589 | +€4,632 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,181 | €99,755 | +€12,574 | +14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Other operating charges | 640/8 | €2,607 | €2,269 | -€338 | -13.0% |
| Non-recurring operating charges | 66A | €13,861 | €15,913 | +€2,052 | +14.8% |
| Gross operating margin | 9900 | €1,515,668 | €1,519,884 | +€4,216 | +0.3% |
| Operating profit (loss) | 9901 | €118,062 | €103,358 | -€14,704 | -12.5% |
| Financial income | 75/76B | €16,110 | €12,490 | -€3,620 | -22.5% |
| Recurring financial income | 75 | €16,110 | €12,490 | -€3,620 | -22.5% |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €19,154 | €18,512 | -€642 | -3.4% |
| Recurring financial charges | 65 | €19,154 | €18,512 | -€642 | -3.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €115,018 | €97,336 | -€17,682 | -15.4% |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Transfer to deferred taxes | 680 | €0 | €0 | = | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €115,018 | €97,336 | -€17,682 | -15.4% |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Transfer to tax-exempt reserves | 689 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €115,018 | €97,336 | -€17,682 | -15.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.