Résidence Lennox: 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
Résidence Lennox
NACE 87.202, Residential care activities
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€379,251
2022 · €95,920+€283,331
Equity
€1.3m
2022 · €979,598+€354,110
Cash
€106,142
2022 · €462,893-€356,751
Balance sheet total
€1.9m
2022 · €1.6m+€259,321
Largest movements
Assets
- Current investments +€650,000
new in 2023: €650,000
- Cash -€356,751
down €356,751 (-77.1%), from €462,893 to €106,142
mainly Current investments (-€650,000) and Accrued charges and deferred income (-€83,047)
Equity and liabilities
- Profit (loss) carried forward +€379,251
up €379,251, from -€324,525 to €54,725
- Accrued charges and deferred income -€83,047
no longer reported in 2023 (was €83,047)
- Investment grants -€25,140
down €25,140 (-5.9%), from €425,267 to €400,127
Income statement
- Gross operating margin +€646,346
up €646,346 (+21.0%), from €3.1m to €3.7m
- Staff costs +€252,657
up €252,657 (+9.9%), from €2.6m to €2.8m
From the 2022 result to the 2023 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 2022
€95,920
Gross operating margin
+€646,346
Staff costs
-€252,657
Depreciation
+€3,407
Other operating charges
-€19,154
Other operating items
-€18,150
Financial income
-€4,014
Financial charges
+€17,188
Deferred taxes and other
-€89,634
Result 2023
€379,251
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€387,648
Investment
-€718,413
Financing
-€25,986
Cash 2022
€462,893
From operations (derived)
+€387,648
Net result for the year
+€379,251
Depreciation
+€76,506
Smaller working-capital items
+€2,106
Stocks and contracts
+€10,998
Receivables within one year
+€12,731
Debts within one year
-€10,897
Accrued charges and deferred income
-€83,047
Investment (derived)
-€718,413
Investment in fixed assets (net)
-€68,413
Current investments
-€650,000
Financing
-€25,986
Debts after one year
-€845
Contributions, distributions and other
-€25,140
Cash 2023
€106,142
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,608,988 | €1,868,309 | +€259,321 | +16.1% |
| Fixed assets | 21/28 | €654,856 | €646,763 | -€8,093 | -1.2% |
| Tangible fixed assets | 22/27 | €654,406 | €646,313 | -€8,093 | -1.2% |
| Land and buildings | 22 | €602,127 | €587,023 | -€15,104 | -2.5% |
| Plant, machinery and equipment | 23 | €19,416 | €29,408 | +€9,992 | +51.5% |
| Furniture and vehicles | 24 | €32,863 | €29,882 | -€2,982 | -9.1% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €954,132 | €1,221,547 | +€267,415 | +28.0% |
| Amounts receivable after more than one year | 29 | €4,227 | €3,381 | -€845 | -20.0% |
| Other amounts receivable | 291 | €4,227 | €3,381 | -€845 | -20.0% |
| Stocks and contracts in progress | 3 | €10,998 | - | -€10,998 | |
| Stocks | 30/36 | €10,998 | - | -€10,998 | |
| Amounts receivable within one year | 40/41 | €422,451 | €409,720 | -€12,731 | -3.0% |
| Trade receivables | 40 | €55,907 | €53,831 | -€2,076 | -3.7% |
| Other amounts receivable | 41 | €366,544 | €355,889 | -€10,655 | -2.9% |
| Current investments | 50/53 | - | €650,000 | +€650,000 | |
| Cash at bank and in hand | 54/58 | €462,893 | €106,142 | -€356,751 | -77.1% |
| Deferred charges and accrued income | 490/1 | €53,564 | €52,303 | -€1,261 | -2.4% |
| Total equity and liabilities | 10/49 | €1,608,988 | €1,868,309 | +€259,321 | +16.1% |
| Equity | 10/15 | €979,598 | €1,333,709 | +€354,110 | +36.1% |
| Contributions | 10/11 | €878,857 | €878,857 | = | 0.0% |
| Capital | 10 | €878,857 | €878,857 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€324,525 | €54,725 | +€379,251 | |
| Investment grants | 15 | €425,267 | €400,127 | -€25,140 | -5.9% |
| Provisions and deferred taxes | 16 | €800 | €800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €800 | €800 | = | 0.0% |
| Other liabilities and charges | 164/5 | €800 | €800 | = | 0.0% |
| Amounts payable | 17/49 | €628,590 | €533,801 | -€94,789 | -15.1% |
| Amounts payable after more than one year | 17 | €4,227 | €3,381 | -€845 | -20.0% |
| Financial debts | 170/4 | €4,227 | €3,381 | -€845 | -20.0% |
| Amounts payable within one year | 42/48 | €541,316 | €530,419 | -€10,897 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €845 | €845 | = | 0.0% |
| Trade debts | 44 | €38,099 | €52,372 | +€14,273 | +37.5% |
| Suppliers | 440/4 | €38,099 | €52,372 | +€14,273 | +37.5% |
| Taxes, remuneration and social security | 45 | €435,872 | €409,835 | -€26,037 | -6.0% |
| Taxes | 450/3 | €55,196 | €38,773 | -€16,423 | -29.8% |
| Remuneration and social security | 454/9 | €380,677 | €371,062 | -€9,614 | -2.5% |
| Accrued charges and deferred income | 492/3 | €83,047 | - | -€83,047 | |
| Non-recurring operating income | 76A | - | €516,791 | +€516,791 | |
| Remuneration, social security and pensions | 62 | €2,563,736 | €2,816,392 | +€252,657 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,914 | €76,506 | -€3,407 | -4.3% |
| Other operating charges | 640/8 | €457,721 | €476,876 | +€19,154 | +4.2% |
| Non-recurring operating charges | 66A | - | €18,150 | +€18,150 | |
| Gross operating margin | 9900 | €3,080,136 | €3,726,481 | +€646,346 | +21.0% |
| Operating profit (loss) | 9901 | -€21,235 | €338,557 | +€359,792 | |
| Financial income | 75/76B | €45,009 | €40,995 | -€4,014 | -8.9% |
| Recurring financial income | 75 | €45,009 | €40,995 | -€4,014 | -8.9% |
| Financial charges | 65/66B | €17,489 | €301 | -€17,188 | -98.3% |
| Recurring financial charges | 65 | €441 | €301 | -€141 | -31.9% |
| Non-recurring financial charges | 66B | €17,047 | - | -€17,047 | |
| Profit (loss) for the period before taxes | 9903 | €6,285 | €379,251 | +€372,965 | +5,934% |
| Transfer from deferred taxes | 780 | €89,634 | - | -€89,634 | |
| Profit (loss) for the period | 9904 | €95,920 | €379,251 | +€283,331 | +295% |
| Profit (loss) for the period to be appropriated | 9905 | €95,920 | €379,251 | +€283,331 | +295% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.