SDW - THUISVERPLEGING: 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.
SDW - THUISVERPLEGING
Largest movements
- Receivables within one year -€124,828
down €124,828 (-37.3%), from €334,621 to €209,794
of which Other amounts receivable: -€124,828
- Tangible fixed assets -€63,399
down €63,399 (-26.2%), from €242,157 to €178,758
of which Land and buildings: -€53,421
- Cash -€34,123
down €34,123 (-84.9%), from €40,197 to €6,073
mainly Contributions, distributions and other (-€113,000) and Current portion of long-term debt (-€105,419)
- Deferred charges and accrued income +€8,511
up €8,511 (+269.7%), from €3,156 to €11,667
- Reserves -€113,000
down €113,000 (-73.0%), from €154,860 to €41,860
of which Distributable reserves: -€113,000
- Current portion of long-term debt -€105,419
down €105,419 (-97.7%), from €107,851 to €2,432
- Tax, wage and social debts -€30,791
down €30,791 (-37.5%), from €82,158 to €51,367
of which Taxes: -€23,986
- Profit (loss) carried forward +€17,411
up €17,411 (+19.8%), from -€88,071 to -€70,660
- Other debts +€13,442
up €13,442, from €0 to €13,442
- Gross operating margin +€166,682
up €166,682 (+50.1%), from €332,559 to €499,241
- Staff costs +€124,361
up €124,361 (+45.8%), from €271,471 to €395,832
- Financial charges -€7,059
down €7,059 (-31.6%), from €22,346 to €15,288
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,244 | €407,325 | -€213,919 | -34.4% |
| Fixed assets | 21/28 | €242,395 | €178,917 | -€63,479 | -26.2% |
| Intangible fixed assets | 21 | €238 | €159 | -€79 | -33.3% |
| Tangible fixed assets | 22/27 | €242,157 | €178,758 | -€63,399 | -26.2% |
| Land and buildings | 22 | €85,987 | €32,566 | -€53,421 | -62.1% |
| Plant, machinery and equipment | 23 | €6,818 | - | -€6,818 | |
| Furniture and vehicles | 24 | €144,684 | €95,773 | -€48,911 | -33.8% |
| Leasing and similar rights | 25 | - | €50,419 | +€50,419 | |
| Other tangible fixed assets | 26 | €4,668 | - | -€4,668 | |
| Current assets | 29/58 | €378,849 | €228,409 | -€150,440 | -39.7% |
| Stocks and contracts in progress | 3 | €875 | €875 | = | 0.0% |
| Stocks | 30/36 | €875 | €875 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €334,621 | €209,794 | -€124,828 | -37.3% |
| Trade receivables | 40 | €209,794 | €209,794 | = | 0.0% |
| Other amounts receivable | 41 | €124,828 | - | -€124,828 | |
| Cash at bank and in hand | 54/58 | €40,197 | €6,073 | -€34,123 | -84.9% |
| Deferred charges and accrued income | 490/1 | €3,156 | €11,667 | +€8,511 | +269.7% |
| Total equity and liabilities | 10/49 | €621,244 | €407,325 | -€213,919 | -34.4% |
| Equity | 10/15 | €82,189 | -€13,400 | -€95,589 | |
| Contributions | 10/11 | €15,400 | €15,400 | = | 0.0% |
| Outside capital | 11 | - | €15,400 | +€15,400 | |
| Other | 1109/19 | - | €15,400 | +€15,400 | |
| Reserves | 13 | €154,860 | €41,860 | -€113,000 | -73.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €143,000 | €30,000 | -€113,000 | -79.0% |
| Profit (loss) carried forward | 14 | -€88,071 | -€70,660 | +€17,411 | +19.8% |
| Amounts payable | 17/49 | €539,055 | €420,725 | -€118,330 | -22.0% |
| Amounts payable after more than one year | 17 | €262,604 | €261,620 | -€984 | -0.4% |
| Financial debts | 170/4 | €262,604 | €261,620 | -€984 | -0.4% |
| Amounts payable within one year | 42/48 | €276,450 | €159,104 | -€117,346 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €107,851 | €2,432 | -€105,419 | -97.7% |
| Financial debts | 43 | €254 | - | -€254 | |
| Credit institutions | 430/8 | €254 | - | -€254 | |
| Trade debts | 44 | €86,187 | €91,863 | +€5,676 | +6.6% |
| Suppliers | 440/4 | €86,187 | €91,863 | +€5,676 | +6.6% |
| Taxes, remuneration and social security | 45 | €82,158 | €51,367 | -€30,791 | -37.5% |
| Taxes | 450/3 | €32,586 | €8,600 | -€23,986 | -73.6% |
| Remuneration and social security | 454/9 | €49,571 | €42,767 | -€6,804 | -13.7% |
| Other amounts payable | 47/48 | €0 | €13,442 | +€13,442 | |
| Non-recurring operating income | 76A | €3,919 | - | -€3,919 | |
| Remuneration, social security and pensions | 62 | €271,471 | €395,832 | +€124,361 | +45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,567 | €64,877 | -€4,690 | -6.7% |
| Other operating charges | 640/8 | €6,766 | €5,834 | -€932 | -13.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €332,559 | €499,241 | +€166,682 | +50.1% |
| Operating profit (loss) | 9901 | -€15,246 | €32,698 | +€47,944 | |
| Financial income | 75/76B | €1,823 | €0 | -€1,823 | -100.0% |
| Recurring financial income | 75 | €1,823 | €0 | -€1,823 | -100.0% |
| Financial charges | 65/66B | €22,346 | €15,288 | -€7,059 | -31.6% |
| Recurring financial charges | 65 | €22,346 | €15,288 | -€7,059 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€35,769 | €17,411 | +€53,180 | |
| Income taxes | 67/77 | €609 | - | -€609 | |
| Profit (loss) for the period | 9904 | -€36,378 | €17,411 | +€53,788 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,378 | €17,411 | +€53,788 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.