STICHTING SPULLENHULP: 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
STICHTING SPULLENHULP
NACE 87.992, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€781,593
2024 · -€2.5m+€1.7m
Equity
€12.1m
2024 · €12.9m-€781,593
Cash
€268,223
2024 · €493,116-€224,893
Balance sheet total
€36.1m
2024 · €37.1m-€933,864
Largest movements
Assets
- Current investments -€1.4m
down €1.4m (-25.9%), from €5.5m to €4.1m
- Receivables within one year +€564,436
up €564,436 (+22.1%), from €2.6m to €3.1m
of which Trade receivables: +€428,435
Equity and liabilities
- Profit (loss) carried forward -€781,593
down €781,593 (-3.9%), from -€20.0m to -€20.8m
- Debts within one year -€570,651
down €570,651 (-2.5%), from €23.2m to €22.6m
of which Current portion of long-term debt: -€468,793
Income statement
- Other operating charges -€3.7m
down €3.7m (-89.3%), from €4.2m to €446,562
- Financial income -€2.2m
down €2.2m (-96.1%), from €2.3m to €89,159
- Gross operating margin +€362,169
up €362,169 (+26.2%), from €1.4m to €1.7m
- Staff costs +€198,225
up €198,225 (+11.1%), from €1.8m to €2.0m
- Purchases and services -€48,208
down €48,208 (-3.6%), from €1.3m to €1.3m
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
-€2.5m
Gross operating margin
+€362,169
Staff costs
-€198,225
Depreciation
+€29,001
Other operating charges
+€3.7m
Financial income
-€2.2m
Financial charges
+€7,623
Result 2025
-€781,593
raises the resultlowers the result
Derived cash bridge
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
-€1.8m
Investment
+€1.4m
Financing
+€187,603
Cash 2024
€493,116
From operations (derived)
-€1.8m
Net result for the year
-€781,593
Depreciation
+€56,724
Receivables within one year
-€564,436
Deferred charges and accrued income
-€156,658
Debts within one year
-€570,651
Accrued charges and deferred income
+€230,776
Investment (derived)
+€1.4m
Investment in fixed assets (net)
-€50,255
Current investments
+€1.4m
Financing
+€187,603
Debts after one year
+€187,603
Cash 2025
€268,223
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,054,602 | €36,120,737 | -€933,864 | -2.5% |
| Fixed assets | 21/28 | €28,466,454 | €28,459,985 | -€6,469 | 0.0% |
| Tangible fixed assets | 22/27 | €89,252 | €82,782 | -€6,469 | -7.2% |
| Furniture and vehicles | 24 | €89,252 | €82,782 | -€6,469 | -7.2% |
| Financial fixed assets | 28 | €28,377,203 | €28,377,203 | = | 0.0% |
| Current assets | 29/58 | €8,588,148 | €7,660,752 | -€927,395 | -10.8% |
| Amounts receivable within one year | 40/41 | €2,551,186 | €3,115,622 | +€564,436 | +22.1% |
| Trade receivables | 40 | €2,051,197 | €2,479,632 | +€428,435 | +20.9% |
| Other amounts receivable | 41 | €499,989 | €635,989 | +€136,001 | +27.2% |
| Current investments | 50/53 | €5,502,191 | €4,078,595 | -€1.4m | -25.9% |
| Cash at bank and in hand | 54/58 | €493,116 | €268,223 | -€224,893 | -45.6% |
| Deferred charges and accrued income | 490/1 | €41,655 | €198,313 | +€156,658 | +376% |
| Total equity and liabilities | 10/49 | €37,054,602 | €36,120,737 | -€933,864 | -2.5% |
| Equity | 10/15 | €12,905,569 | €12,123,975 | -€781,593 | -6.1% |
| Contributions | 10/11 | €32,946,139 | €32,946,139 | = | 0.0% |
| Capital | 10 | €32,946,139 | €32,946,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,040,570 | -€20,822,163 | -€781,593 | -3.9% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €24,149,033 | €23,996,762 | -€152,271 | -0.6% |
| Amounts payable after more than one year | 17 | €956,433 | €1,144,037 | +€187,603 | +19.6% |
| Financial debts | 170/4 | €956,433 | €1,144,037 | +€187,603 | +19.6% |
| Amounts payable within one year | 42/48 | €23,189,626 | €22,618,975 | -€570,651 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €1,676,710 | €1,207,917 | -€468,793 | -28.0% |
| Financial debts | 43 | €1,500,000 | €1,500,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,500,000 | €1,500,000 | = | 0.0% |
| Trade debts | 44 | €212,145 | €133,753 | -€78,393 | -37.0% |
| Suppliers | 440/4 | €212,145 | €133,753 | -€78,393 | -37.0% |
| Taxes, remuneration and social security | 45 | €290,095 | €275,756 | -€14,339 | -4.9% |
| Taxes | 450/3 | €71,386 | €47,465 | -€23,920 | -33.5% |
| Remuneration and social security | 454/9 | €218,709 | €228,291 | +€9,582 | +4.4% |
| Accrued charges and deferred income | 492/3 | €2,974 | €233,750 | +€230,776 | +7,760% |
| Turnover | 70 | €0 | - | = | |
| Membership fees, donations, legacies and grants | 73 | €25,496 | €59,102 | +€33,606 | +132% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,325,860 | €1,277,653 | -€48,208 | -3.6% |
| Remuneration, social security and pensions | 62 | €1,781,606 | €1,979,830 | +€198,225 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,725 | €56,724 | -€29,001 | -33.8% |
| Other operating charges | 640/8 | €4,168,619 | €446,562 | -€3.7m | -89.3% |
| Gross operating margin | 9900 | €1,382,949 | €1,745,118 | +€362,169 | +26.2% |
| Operating profit (loss) | 9901 | -€4,653,000 | -€737,998 | +€3.9m | +84.1% |
| Financial income | 75/76B | €2,282,538 | €89,159 | -€2.2m | -96.1% |
| Recurring financial income | 75 | €2,282,538 | €89,159 | -€2.2m | -96.1% |
| Financial charges | 65/66B | €140,377 | €132,754 | -€7,623 | -5.4% |
| Recurring financial charges | 65 | €140,377 | €132,754 | -€7,623 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,510,840 | -€781,593 | +€1.7m | +68.9% |
| Profit (loss) for the period | 9904 | -€2,510,840 | -€781,593 | +€1.7m | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,510,840 | -€781,593 | +€1.7m | +68.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.