SABINE THUISVERPLEGING: 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.
SABINE THUISVERPLEGING
Largest movements
- Receivables within one year -€102,503
down €102,503 (-46.1%), from €222,158 to €119,655
of which Other amounts receivable: -€58,934
- Cash -€68,567
down €68,567 (-45.2%), from €151,712 to €83,145
mainly Net result for the year (-€97,708) and Investment in fixed assets (net) (-€93,239)
- Tangible fixed assets +€18,550
up €18,550 (+2.2%), from €852,098 to €870,647
of which Plant, machinery and equipment: +€30,902
- Reserves -€97,708
down €97,708 (-8.3%), from €1.2m to €1.1m
- Short-term financial debts -€44,700
no longer reported in 2024 (was €44,700)
- Trade debts -€37,328
down €37,328 (-83.1%), from €44,903 to €7,574
- Debts after one year -€14,928
down €14,928 (-16.8%), from €89,053 to €74,125
- Current portion of long-term debt +€14,928
new in 2024: €14,928
- Gross operating margin -€88,063
down €88,063 (-52.1%), from €168,892 to €80,829
- Staff costs -€35,555
down €35,555 (-28.7%), from €123,967 to €88,413
- Other operating charges +€8,816
up €8,816 (+141%), from €6,251 to €15,067
- Depreciation +€6,859
up €6,859 (+10.1%), from €67,830 to €74,689
- Financial charges +€5,573
up €5,573, from -€126 to €5,447
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,400,965 | €1,240,074 | -€160,891 | -11.5% |
| Fixed assets | 21/28 | €852,898 | €871,447 | +€18,550 | +2.2% |
| Tangible fixed assets | 22/27 | €852,098 | €870,647 | +€18,550 | +2.2% |
| Land and buildings | 22 | €544,152 | €535,591 | -€8,562 | -1.6% |
| Plant, machinery and equipment | 23 | €44,339 | €75,241 | +€30,902 | +69.7% |
| Furniture and vehicles | 24 | €7,961 | €26,651 | +€18,690 | +235% |
| Other tangible fixed assets | 26 | €255,646 | €233,165 | -€22,480 | -8.8% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €548,067 | €368,627 | -€179,440 | -32.7% |
| Amounts receivable after more than one year | 29 | €16,919 | €9,492 | -€7,427 | -43.9% |
| Other amounts receivable | 291 | €16,919 | €9,492 | -€7,427 | -43.9% |
| Stocks and contracts in progress | 3 | €1,055 | €1,570 | +€515 | +48.8% |
| Stocks | 30/36 | €1,055 | €1,570 | +€515 | +48.8% |
| Amounts receivable within one year | 40/41 | €222,158 | €119,655 | -€102,503 | -46.1% |
| Trade receivables | 40 | €130,085 | €86,516 | -€43,569 | -33.5% |
| Other amounts receivable | 41 | €92,073 | €33,139 | -€58,934 | -64.0% |
| Current investments | 50/53 | €154,555 | €154,555 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €151,712 | €83,145 | -€68,567 | -45.2% |
| Deferred charges and accrued income | 490/1 | €1,669 | €210 | -€1,459 | -87.4% |
| Total equity and liabilities | 10/49 | €1,400,965 | €1,240,074 | -€160,891 | -11.5% |
| Equity | 10/15 | €1,089,572 | €991,864 | -€97,708 | -9.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,181,051 | €1,083,343 | -€97,708 | -8.3% |
| Distributable reserves | 133 | €1,181,051 | €1,083,343 | -€97,708 | -8.3% |
| Profit (loss) carried forward | 14 | -€103,879 | -€103,879 | = | 0.0% |
| Provisions and deferred taxes | 16 | €80,000 | €80,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €80,000 | €80,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable | 17/49 | €231,393 | €168,210 | -€63,183 | -27.3% |
| Amounts payable after more than one year | 17 | €89,053 | €74,125 | -€14,928 | -16.8% |
| Financial debts | 170/4 | €89,053 | €74,125 | -€14,928 | -16.8% |
| Amounts payable within one year | 42/48 | €142,339 | €82,696 | -€59,643 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | - | €14,928 | +€14,928 | |
| Financial debts | 43 | €44,700 | - | -€44,700 | |
| Credit institutions | 430/8 | €44,700 | - | -€44,700 | |
| Trade debts | 44 | €44,903 | €7,574 | -€37,328 | -83.1% |
| Suppliers | 440/4 | €44,903 | €7,574 | -€37,328 | -83.1% |
| Advances received on contracts in progress | 46 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €21,956 | €15,454 | -€6,502 | -29.6% |
| Taxes | 450/3 | €2,847 | - | -€2,847 | |
| Remuneration and social security | 454/9 | €19,109 | €15,454 | -€3,655 | -19.1% |
| Other amounts payable | 47/48 | €30,780 | €44,240 | +€13,460 | +43.7% |
| Accrued charges and deferred income | 492/3 | - | €11,388 | +€11,388 | |
| Non-recurring operating income | 76A | €909 | - | -€909 | |
| Remuneration, social security and pensions | 62 | €123,967 | €88,413 | -€35,555 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,830 | €74,689 | +€6,859 | +10.1% |
| Other operating charges | 640/8 | €6,251 | €15,067 | +€8,816 | +141% |
| Gross operating margin | 9900 | €168,892 | €80,829 | -€88,063 | -52.1% |
| Operating profit (loss) | 9901 | -€29,156 | -€97,340 | -€68,184 | -234% |
| Financial income | 75/76B | €5,428 | €5,452 | +€24 | +0.4% |
| Recurring financial income | 75 | €5,428 | €5,452 | +€24 | +0.4% |
| Financial charges | 65/66B | -€126 | €5,447 | +€5,573 | |
| Recurring financial charges | 65 | -€126 | €5,447 | +€5,573 | |
| Profit (loss) for the period before taxes | 9903 | -€23,602 | -€97,335 | -€73,733 | -312% |
| Income taxes | 67/77 | €2,257 | €373 | -€1,883 | -83.5% |
| Profit (loss) for the period | 9904 | -€25,858 | -€97,708 | -€71,850 | -278% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,858 | -€97,708 | -€71,850 | -278% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.