Stephenson Garden: what changed
What changed
Stephenson Garden
NACE 87.301, Residential care activities
filed annual accounts (NBB)
Net result for the year
-€199,276
2024 · €161,958-€361,234
Equity
€171,645
2024 · €370,921-€199,276
Cash
€47,455
2024 · €236,209-€188,753
Balance sheet total
€1.1m
2024 · €1.2m-€82,070
Largest movements
Assets
- Cash -€188,753
down €188,753 (-79.9%), from €236,209 to €47,455
mainly Net result for the year (-€199,276) and Receivables within one year (-€188,565)
- Receivables within one year +€188,565
up €188,565 (+31.2%), from €604,674 to €793,239
of which Trade receivables: +€182,650
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets +€19,306
up €19,306 (+10.5%), from €183,130 to €202,435
of which Furniture and vehicles: +€32,531
Equity and liabilities
- Trade debts +€277,586
up €277,586 (+282%), from €98,320 to €375,907
- Profit (loss) carried forward -€199,276
down €199,276 (-236%), from -€84,479 to -€283,755
- Tax, wage and social debts -€167,057
down €167,057 (-35.7%), from €468,370 to €301,313
of which Remuneration and social security: -€143,188
Income statement
- Staff costs +€343,008
up €343,008 (+11.4%), from €3.0m to €3.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€161,958
Gross operating margin
-€10,567
Staff costs
-€343,008
Depreciation
-€18,363
Write-downs
-€1,387
Other operating charges
-€1,429
Financial income
+€12,433
Financial charges
-€447
Taxes
+€1,534
Result 2025
-€199,276
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€214,839
Investment
+€26,086
Financing
€0
Cash 2024
€236,209
From operations (derived)
-€214,839
Net result for the year
-€199,276
Depreciation
+€54,609
Receivables within one year
-€188,565
Deferred charges and accrued income
+€1,187
Trade debts
+€277,586
Tax, wage and social debts
-€167,057
Accrued charges and deferred income
+€6,677
Investment (derived)
+€26,086
Investment in fixed assets (net)
-€73,914
Current investments
+€100,000
Cash 2025
€47,455
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,160,499 | €1,078,429 | -€82,070 | -7.1% |
| Fixed assets | 21/28 | €183,130 | €202,435 | +€19,306 | +10.5% |
| Tangible fixed assets | 22/27 | €183,130 | €202,435 | +€19,306 | +10.5% |
| Land and buildings | 22 | €110,476 | €102,609 | -€7,867 | -7.1% |
| Plant, machinery and equipment | 23 | €41,899 | €36,541 | -€5,358 | -12.8% |
| Furniture and vehicles | 24 | €30,755 | €63,285 | +€32,531 | +106% |
| Current assets | 29/58 | €977,369 | €875,994 | -€101,375 | -10.4% |
| Amounts receivable within one year | 40/41 | €604,674 | €793,239 | +€188,565 | +31.2% |
| Trade receivables | 40 | €586,373 | €769,023 | +€182,650 | +31.1% |
| Other amounts receivable | 41 | €18,301 | €24,217 | +€5,915 | +32.3% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €236,209 | €47,455 | -€188,753 | -79.9% |
| Deferred charges and accrued income | 490/1 | €36,486 | €35,299 | -€1,187 | -3.3% |
| Total equity and liabilities | 10/49 | €1,160,499 | €1,078,429 | -€82,070 | -7.1% |
| Equity | 10/15 | €370,921 | €171,645 | -€199,276 | -53.7% |
| Contributions | 10/11 | €455,400 | €455,400 | = | 0.0% |
| Capital | 10 | €455,400 | €455,400 | = | 0.0% |
| Issued capital | 100 | €455,400 | €455,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,479 | -€283,755 | -€199,276 | -236% |
| Amounts payable | 17/49 | €789,577 | €906,784 | +€117,206 | +14.8% |
| Amounts payable within one year | 42/48 | €567,695 | €678,224 | +€110,529 | +19.5% |
| Trade debts | 44 | €98,320 | €375,907 | +€277,586 | +282% |
| Suppliers | 440/4 | €98,320 | €375,907 | +€277,586 | +282% |
| Taxes, remuneration and social security | 45 | €468,370 | €301,313 | -€167,057 | -35.7% |
| Taxes | 450/3 | €23,870 | - | -€23,870 | |
| Remuneration and social security | 454/9 | €444,500 | €301,313 | -€143,188 | -32.2% |
| Other amounts payable | 47/48 | €1,005 | €1,005 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €221,882 | €228,559 | +€6,677 | +3.0% |
| Remuneration, social security and pensions | 62 | €3,002,533 | €3,345,542 | +€343,008 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,246 | €54,609 | +€18,363 | +50.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,387 | €0 | +€1,387 | |
| Other operating charges | 640/8 | €63,086 | €64,515 | +€1,429 | +2.3% |
| Gross operating margin | 9900 | €3,262,550 | €3,251,983 | -€10,567 | -0.3% |
| Operating profit (loss) | 9901 | €162,072 | -€212,682 | -€374,754 | |
| Financial income | 75/76B | €2,903 | €15,337 | +€12,433 | +428% |
| Recurring financial income | 75 | €2,903 | €15,337 | +€12,433 | +428% |
| Financial charges | 65/66B | €1,318 | €1,765 | +€447 | +33.9% |
| Recurring financial charges | 65 | €1,318 | €1,765 | +€447 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €163,657 | -€199,111 | -€362,768 | |
| Income taxes | 67/77 | €1,699 | €165 | -€1,534 | -90.3% |
| Profit (loss) for the period | 9904 | €161,958 | -€199,276 | -€361,234 | |
| Profit (loss) for the period to be appropriated | 9905 | €161,958 | -€199,276 | -€361,234 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.