MERE JOSEPHINE: 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
MERE JOSEPHINE
NACE 87.301, Residential care activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€82,752
2024 · €226,035-€143,283
Equity
€3.8m
2024 · €3.8m+€51,095
Cash
€563,528
2024 · €470,699+€92,829
Balance sheet total
€13.5m
2024 · €13.9m-€417,183
Largest movements
Assets
- Tangible fixed assets -€581,961
down €581,961 (-5.0%), from €11.5m to €11.0m
of which Land and buildings: -€535,464
Equity and liabilities
- Debts after one year -€516,805
down €516,805 (-6.8%), from €7.6m to €7.0m
of which Financial debts: -€516,805
Income statement
- Staff costs +€192,039
up €192,039 (+3.0%), from €6.4m to €6.6m
- Services and other goods +€121,850
up €121,850 (+10.5%), from €1.2m to €1.3m
- Goods and materials +€120,457
up €120,457 (+10.1%), from €1.2m to €1.3m
- Turnover +€92,537
up €92,537 (+1.2%), from €7.7m to €7.7m
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
€226,035
Turnover
+€92,537
Other operating income
+€9,173
Goods and materials
-€120,457
Services and other goods
-€121,850
Staff costs
-€192,039
Depreciation
+€2,496
Write-downs
+€49,443
Other operating charges
+€1,773
Other operating items
+€117,549
Financial income
-€658
Financial charges
+€18,750
Result 2025
€82,752
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
+€945,193
Investment
-€308,613
Financing
-€543,751
Cash 2024
€470,699
From operations (derived)
+€945,193
Net result for the year
+€82,752
Depreciation
+€889,133
Receivables within one year
-€100,168
Deferred charges and accrued income
+€29,660
Trade debts
+€125,028
Tax, wage and social debts
-€83,081
Accrued charges and deferred income
+€1,869
Investment (derived)
-€308,613
Investment in fixed assets (net)
-€307,172
Current investments
-€1,441
Financing
-€543,751
Debts after one year
-€516,805
Current portion of long-term debt
+€4,711
Contributions, distributions and other
-€31,657
Cash 2025
€563,528
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,891,158 | €13,473,975 | -€417,183 | -3.0% |
| Fixed assets | 21/28 | €11,532,293 | €10,950,332 | -€581,961 | -5.0% |
| Tangible fixed assets | 22/27 | €11,532,293 | €10,950,332 | -€581,961 | -5.0% |
| Land and buildings | 22 | €11,294,438 | €10,758,974 | -€535,464 | -4.7% |
| Plant, machinery and equipment | 23 | €112,895 | €91,891 | -€21,004 | -18.6% |
| Furniture and vehicles | 24 | €124,960 | €99,467 | -€25,493 | -20.4% |
| Current assets | 29/58 | €2,358,865 | €2,523,643 | +€164,778 | +7.0% |
| Amounts receivable within one year | 40/41 | €1,637,786 | €1,737,954 | +€100,168 | +6.1% |
| Trade receivables | 40 | €929,729 | €1,029,979 | +€100,250 | +10.8% |
| Other amounts receivable | 41 | €708,057 | €707,975 | -€82 | 0.0% |
| Current investments | 50/53 | €167,590 | €169,031 | +€1,441 | +0.9% |
| Cash at bank and in hand | 54/58 | €470,699 | €563,528 | +€92,829 | +19.7% |
| Deferred charges and accrued income | 490/1 | €82,790 | €53,130 | -€29,660 | -35.8% |
| Total equity and liabilities | 10/49 | €13,891,158 | €13,473,975 | -€417,183 | -3.0% |
| Equity | 10/15 | €3,763,711 | €3,814,806 | +€51,095 | +1.4% |
| Contributions | 10/11 | €1,589,819 | €1,589,819 | = | 0.0% |
| Capital | 10 | €1,589,819 | €1,589,819 | = | 0.0% |
| Revaluation surpluses | 12 | €640,000 | €640,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,501,781 | €1,584,533 | +€82,752 | +5.5% |
| Investment grants | 15 | €32,111 | €454 | -€31,657 | -98.6% |
| Amounts payable | 17/49 | €10,127,447 | €9,659,169 | -€468,278 | -4.6% |
| Amounts payable after more than one year | 17 | €7,553,111 | €7,036,306 | -€516,805 | -6.8% |
| Financial debts | 170/4 | €7,553,111 | €7,036,306 | -€516,805 | -6.8% |
| Credit institutions | 173 | €7,553,111 | €7,036,306 | -€516,805 | -6.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,224,551 | €2,271,209 | +€46,658 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €560,657 | €565,368 | +€4,711 | +0.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €258,885 | €383,913 | +€125,028 | +48.3% |
| Suppliers | 440/4 | €258,885 | €383,913 | +€125,028 | +48.3% |
| Taxes, remuneration and social security | 45 | €1,405,009 | €1,321,928 | -€83,081 | -5.9% |
| Taxes | 450/3 | €285,722 | €167,547 | -€118,175 | -41.4% |
| Remuneration and social security | 454/9 | €1,119,287 | €1,154,381 | +€35,094 | +3.1% |
| Accrued charges and deferred income | 492/3 | €349,785 | €351,654 | +€1,869 | +0.5% |
| Operating income | 70/76A | €10,088,245 | €10,307,504 | +€219,259 | +2.2% |
| Turnover | 70 | €7,657,052 | €7,749,589 | +€92,537 | +1.2% |
| Membership fees, donations, legacies and grants | 73 | €1,872,656 | €1,990,205 | +€117,549 | +6.3% |
| Other operating income | 74 | €558,537 | €567,710 | +€9,173 | +1.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €9,719,316 | €10,099,950 | +€380,634 | +3.9% |
| Goods for resale, raw materials and consumables | 60 | €1,189,026 | €1,309,483 | +€120,457 | +10.1% |
| Purchases | 600/8 | €1,189,026 | €1,309,483 | +€120,457 | +10.1% |
| Services and other goods | 61 | €1,158,644 | €1,280,494 | +€121,850 | +10.5% |
| Remuneration, social security and pensions | 62 | €6,421,503 | €6,613,542 | +€192,039 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €891,629 | €889,133 | -€2,496 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €51,601 | €2,158 | -€49,443 | -95.8% |
| Other operating charges | 640/8 | €6,913 | €5,140 | -€1,773 | -25.6% |
| Operating profit (loss) | 9901 | €368,929 | €207,554 | -€161,375 | -43.7% |
| Financial income | 75/76B | €4,530 | €3,872 | -€658 | -14.5% |
| Recurring financial income | 75 | €4,530 | €3,872 | -€658 | -14.5% |
| Income from current assets | 751 | €4,530 | €3,872 | -€658 | -14.5% |
| Financial charges | 65/66B | €147,424 | €128,674 | -€18,750 | -12.7% |
| Recurring financial charges | 65 | €147,424 | €128,674 | -€18,750 | -12.7% |
| Debt charges | 650 | €142,594 | €123,393 | -€19,201 | -13.5% |
| Other financial charges | 652/9 | €4,830 | €5,281 | +€451 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €226,035 | €82,752 | -€143,283 | -63.4% |
| Profit (loss) for the period | 9904 | €226,035 | €82,752 | -€143,283 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €226,035 | €82,752 | -€143,283 | -63.4% |
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 9 October 2026 via checked.be.