Point d'Eau: 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
Point d'Eau
NACE 87.202, Residential care activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€132,325
2024 · -€39,022+€171,347
Equity
€6.0m
2024 · €5.8m+€226,100
Cash
€1.7m
2024 · €872,645+€809,908
Balance sheet total
€14.5m
2024 · €13.9m+€611,245
Largest movements
Assets
- Cash +€809,908
up €809,908 (+92.8%), from €872,645 to €1.7m
mainly Debts within one year (+€764,949) and Depreciation (+€628,169)
- Receivables within one year -€572,539
down €572,539 (-60.3%), from €949,813 to €377,274
of which Other amounts receivable: -€622,611
- Tangible fixed assets +€432,360
up €432,360 (+3.6%), from €11.9m to €12.3m
of which Land and buildings: +€10.0m
Equity and liabilities
- Debts within one year +€764,949
up €764,949 (+49.5%), from €1.5m to €2.3m
of which Tax, wage and social debts: +€493,242
- Debts after one year -€395,410
down €395,410 (-6.1%), from €6.5m to €6.1m
Income statement
- Other operating income +€2.3m
up €2.3m (+43.1%), from €5.4m to €7.7m
- Staff costs +€1.1m
up €1.1m (+26.1%), from €4.1m to €5.2m
- Depreciation +€477,250
up €477,250 (+316.2%), from €150,919 to €628,169
- Services and other goods +€357,168
up €357,168 (+81.1%), from €440,424 to €797,593
- Other operating charges +€278,773
up €278,773 (+41.1%), from €678,381 to €957,154
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
-€39,022
Staff costs
-€1.1m
Depreciation
-€477,250
Other operating charges
-€278,773
Other operating items
+€2.1m
Financial income
+€185,632
Financial charges
-€234,062
Result 2025
€132,325
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
+€2.2m
Investment
-€1.1m
Financing
-€301,635
Cash 2024
€872,645
From operations (derived)
+€2.2m
Net result for the year
+€132,325
Depreciation
+€628,169
Stocks and contracts
-€903
Receivables within one year
+€572,539
Deferred charges and accrued income
+€64,109
Debts within one year
+€764,949
Accrued charges and deferred income
+€15,607
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
-€301,635
Debts after one year
-€395,410
Contributions, distributions and other
+€93,775
Cash 2025
€1.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,900,175 | €14,511,420 | +€611,245 | +4.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €11,915,791 | €12,352,874 | +€437,083 | +3.7% |
| Intangible fixed assets | 21 | €2,101 | €6,824 | +€4,723 | +224.8% |
| Tangible fixed assets | 22/27 | €11,913,690 | €12,346,050 | +€432,360 | +3.6% |
| Land and buildings | 22 | €1,208,473 | €11,208,662 | +€10.0m | +827.5% |
| Plant, machinery and equipment | 23 | €42,802 | €220,709 | +€177,908 | +415.7% |
| Furniture and vehicles | 24 | €11,161 | €756,697 | +€745,537 | +6680.1% |
| Assets under construction and advance payments | 27 | €10,651,254 | €159,982 | -€10.5m | -98.5% |
| Current assets | 29/58 | €1,984,383 | €2,158,545 | +€174,162 | +8.8% |
| Stocks and contracts in progress | 3 | €19,153 | €20,056 | +€903 | +4.7% |
| Stocks | 30/36 | €19,153 | €20,056 | +€903 | +4.7% |
| Raw materials and consumables | 30/31 | €19,153 | €20,056 | +€903 | +4.7% |
| Amounts receivable within one year | 40/41 | €949,813 | €377,274 | -€572,539 | -60.3% |
| Trade receivables | 40 | €271,714 | €321,786 | +€50,072 | +18.4% |
| Other amounts receivable | 41 | €678,100 | €55,488 | -€622,611 | -91.8% |
| Cash at bank and in hand | 54/58 | €872,645 | €1,682,553 | +€809,908 | +92.8% |
| Deferred charges and accrued income | 490/1 | €142,771 | €78,662 | -€64,109 | -44.9% |
| Total equity and liabilities | 10/49 | €13,900,175 | €14,511,420 | +€611,245 | +4.4% |
| Equity | 10/15 | €5,820,922 | €6,047,022 | +€226,100 | +3.9% |
| Reserves | 13 | - | €132,325 | +€132,325 | |
| Profit (loss) carried forward | 14 | €721,595 | €721,595 | = | 0.0% |
| Investment grants | 15 | €5,099,327 | €5,193,102 | +€93,775 | +1.8% |
| Amounts payable | 17/49 | €8,079,252 | €8,464,398 | +€385,146 | +4.8% |
| Amounts payable after more than one year | 17 | €6,526,331 | €6,130,921 | -€395,410 | -6.1% |
| Financial debts | 170/4 | €6,526,331 | €6,130,921 | -€395,410 | -6.1% |
| Credit institutions | 173 | €6,526,331 | €6,130,921 | -€395,410 | -6.1% |
| Amounts payable within one year | 42/48 | €1,544,677 | €2,309,626 | +€764,949 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €133,669 | €235,410 | +€101,741 | +76.1% |
| Trade debts | 44 | €361,198 | €332,077 | -€29,120 | -8.1% |
| Suppliers | 440/4 | €361,198 | €332,077 | -€29,120 | -8.1% |
| Taxes, remuneration and social security | 45 | €564,181 | €1,057,423 | +€493,242 | +87.4% |
| Taxes | 450/3 | €37 | €78,979 | +€78,942 | +215218.6% |
| Remuneration and social security | 454/9 | €564,144 | €978,444 | +€414,300 | +73.4% |
| Accrued charges and deferred income | 492/3 | €8,244 | €23,851 | +€15,607 | +189.3% |
| Operating income | 70/76A | €5,533,180 | €8,038,467 | +€2.5m | +45.3% |
| Other operating income | 74 | €5,405,192 | €7,733,535 | +€2.3m | +43.1% |
| Non-recurring operating income | 76A | €91,332 | €227,984 | +€136,652 | +149.6% |
| Operating charges | 60/66A | €5,632,912 | €7,918,422 | +€2.3m | +40.6% |
| Goods for resale, raw materials and consumables | 60 | €218,142 | €288,926 | +€70,784 | +32.4% |
| Purchases | 600/8 | €224,268 | €289,829 | +€65,561 | +29.2% |
| Change in stocks: decrease (increase) | 609 | -€6,126 | -€903 | +€5,223 | +85.3% |
| Services and other goods | 61 | €440,424 | €797,593 | +€357,168 | +81.1% |
| Remuneration, social security and pensions | 62 | €4,140,775 | €5,220,161 | +€1.1m | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,919 | €628,169 | +€477,250 | +316.2% |
| Other operating charges | 640/8 | €678,381 | €957,154 | +€278,773 | +41.1% |
| Non-recurring operating charges | 66A | €4,270 | €26,420 | +€22,150 | +518.7% |
| Operating profit (loss) | 9901 | -€99,732 | €120,045 | +€219,777 | |
| Financial income | 75/76B | €62,197 | €247,829 | +€185,632 | +298.5% |
| Recurring financial income | 75 | €62,197 | €247,829 | +€185,632 | +298.5% |
| Other financial income | 752/9 | €62,197 | €247,829 | +€185,632 | +298.5% |
| Financial charges | 65/66B | €1,487 | €235,549 | +€234,062 | +15739.0% |
| Recurring financial charges | 65 | €1,487 | €213,631 | +€212,144 | +14265.1% |
| Debt charges | 650 | - | €212,984 | +€212,984 | |
| Other financial charges | 652/9 | €1,487 | €647 | -€840 | -56.5% |
| Non-recurring financial charges | 66B | - | €21,918 | +€21,918 | |
| Profit (loss) for the period before taxes | 9903 | -€39,022 | €132,325 | +€171,347 | |
| Profit (loss) for the period | 9904 | -€39,022 | €132,325 | +€171,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,022 | €132,325 | +€171,347 |
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 1 October 2026 via checked.be.