Stijn: 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
Stijn
NACE 87.999, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5.1m
2024 · €5.6m-€495,975
Equity
€59.6m
2024 · €55.8m+€3.8m
Cash
€21.3m
2024 · €13.6m+€7.8m
Balance sheet total
€124.8m
2024 · €123.6m+€1.2m
Largest movements
Assets
- Cash +€7.8m
up €7.8m (+57.3%), from €13.6m to €21.3m
mainly Depreciation (+€5.3m) and Net result for the year (+€5.1m)
- Receivables within one year -€3.3m
down €3.3m (-24.7%), from €13.5m to €10.2m
of which Other amounts receivable: -€3.0m
- Current investments -€1.6m
down €1.6m (-27.5%), from €5.9m to €4.3m
- Tangible fixed assets -€1.4m
down €1.4m (-1.6%), from €86.8m to €85.3m
of which Assets under construction and advance payments: -€1.6m
Equity and liabilities
- Profit (loss) carried forward +€5.1m
up €5.1m (+28.3%), from €17.9m to €23.0m
Income statement
- Staff costs +€8.4m
up €8.4m (+7.7%), from €108.2m to €116.6m
- Other operating income +€844,006
up €844,006 (+27.8%), from €3.0m to €3.9m
- Turnover +€616,774
up €616,774 (+2.8%), from €22.1m to €22.7m
- Goods and materials +€345,528
up €345,528 (+7.1%), from €4.9m to €5.2m
of which Purchases: +€316,219
- Depreciation +€307,492
up €307,492 (+6.1%), from €5.0m to €5.3m
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
€5.6m
Turnover
+€616,774
Other operating income
+€844,006
Goods and materials
-€345,528
Services and other goods
+€85,697
Staff costs
-€8.4m
Depreciation
-€307,492
Write-downs
+€2,893
Other operating charges
-€104,743
Other operating items
+€7.2m
Financial income
+€1,387
Financial charges
-€90,533
Result 2025
€5.1m
raises the resultlowers the resultnot broken down further in the accounts
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
+€12.5m
Investment
-€2.3m
Financing
-€2.4m
Cash 2024
€13.6m
From operations (derived)
+€12.5m
Net result for the year
+€5.1m
Depreciation
+€5.3m
Receivables after one year
-€57,615
Stocks and contracts
+€17,233
Receivables within one year
+€3.3m
Deferred charges and accrued income
+€268,378
Provisions
-€70,942
Debts within one year
-€1.2m
Accrued charges and deferred income
-€231,406
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€3.9m
Current investments
+€1.6m
Financing
-€2.4m
Debts after one year
-€1.1m
Contributions, distributions and other
-€1.3m
Cash 2025
€21.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,579,137 | €124,758,583 | +€1.2m | +1.0% |
| Fixed assets | 21/28 | €87,374,196 | €85,971,461 | -€1.4m | -1.6% |
| Intangible fixed assets | 21 | €48,501 | €60,034 | +€11,533 | +23.8% |
| Tangible fixed assets | 22/27 | €86,754,637 | €85,340,370 | -€1.4m | -1.6% |
| Land and buildings | 22 | €73,519,163 | €73,960,956 | +€441,793 | +0.6% |
| Plant, machinery and equipment | 23 | €6,459,252 | €5,921,410 | -€537,842 | -8.3% |
| Furniture and vehicles | 24 | €2,700,749 | €2,975,460 | +€274,711 | +10.2% |
| Other tangible fixed assets | 26 | €7,135 | €4,988 | -€2,147 | -30.1% |
| Assets under construction and advance payments | 27 | €4,068,338 | €2,477,556 | -€1.6m | -39.1% |
| Financial fixed assets | 28 | €571,058 | €571,058 | = | 0.0% |
| Other financial fixed assets | 284/8 | €571,058 | €571,058 | = | 0.0% |
| Shares | 284 | €571,058 | €571,058 | = | 0.0% |
| Current assets | 29/58 | €36,204,941 | €38,787,122 | +€2.6m | +7.1% |
| Amounts receivable after more than one year | 29 | €2,041,625 | €2,099,240 | +€57,615 | +2.8% |
| Other amounts receivable | 291 | €2,041,625 | €2,099,240 | +€57,615 | +2.8% |
| Stocks and contracts in progress | 3 | €371,916 | €354,683 | -€17,233 | -4.6% |
| Stocks | 30/36 | €371,916 | €354,683 | -€17,233 | -4.6% |
| Goods purchased for resale | 34 | €371,916 | €354,683 | -€17,233 | -4.6% |
| Amounts receivable within one year | 40/41 | €13,519,663 | €10,177,316 | -€3.3m | -24.7% |
| Trade receivables | 40 | €4,342,222 | €4,042,370 | -€299,852 | -6.9% |
| Other amounts receivable | 41 | €9,177,441 | €6,134,946 | -€3.0m | -33.2% |
| Current investments | 50/53 | €5,913,808 | €4,288,429 | -€1.6m | -27.5% |
| Cash at bank and in hand | 54/58 | €13,566,342 | €21,344,244 | +€7.8m | +57.3% |
| Deferred charges and accrued income | 490/1 | €791,587 | €523,209 | -€268,378 | -33.9% |
| Total equity and liabilities | 10/49 | €123,579,137 | €124,758,583 | +€1.2m | +1.0% |
| Equity | 10/15 | €55,814,912 | €59,569,328 | +€3.8m | +6.7% |
| Contributions | 10/11 | €19,245,159 | €19,150,071 | -€95,088 | -0.5% |
| Capital | 10 | €19,245,159 | €19,150,071 | -€95,088 | -0.5% |
| Revaluation surpluses | 12 | €624,872 | €500,167 | -€124,705 | -20.0% |
| Reserves | 13 | €1,344,991 | €1,344,991 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €17,918,454 | €22,997,704 | +€5.1m | +28.3% |
| Investment grants | 15 | €16,681,436 | €15,576,395 | -€1.1m | -6.6% |
| Provisions and deferred taxes | 16 | €2,096,010 | €2,025,068 | -€70,942 | -3.4% |
| Provisions for liabilities and charges | 160/5 | €2,096,010 | €2,025,068 | -€70,942 | -3.4% |
| Pensions and similar obligations | 160 | €23,305 | €19,046 | -€4,259 | -18.3% |
| Major repairs and maintenance | 162 | €335,981 | €199,013 | -€136,968 | -40.8% |
| Other liabilities and charges | 164/5 | €1,736,724 | €1,807,008 | +€70,284 | +4.0% |
| Amounts payable | 17/49 | €65,668,215 | €63,164,188 | -€2.5m | -3.8% |
| Amounts payable after more than one year | 17 | €22,306,824 | €21,193,906 | -€1.1m | -5.0% |
| Financial debts | 170/4 | €22,306,824 | €21,193,906 | -€1.1m | -5.0% |
| Credit institutions | 173 | €22,306,824 | €21,193,906 | -€1.1m | -5.0% |
| Amounts payable within one year | 42/48 | €41,696,371 | €40,536,667 | -€1.2m | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €2,379,503 | €2,543,948 | +€164,445 | +6.9% |
| Financial debts | 43 | €9,620,570 | €8,278,181 | -€1.3m | -14.0% |
| Other loans | 439 | €9,620,570 | €8,278,181 | -€1.3m | -14.0% |
| Trade debts | 44 | €2,969,062 | €1,828,395 | -€1.1m | -38.4% |
| Suppliers | 440/4 | €2,969,062 | €1,828,395 | -€1.1m | -38.4% |
| Taxes, remuneration and social security | 45 | €25,101,892 | €25,880,691 | +€778,799 | +3.1% |
| Taxes | 450/3 | €4,189,148 | €4,154,857 | -€34,291 | -0.8% |
| Remuneration and social security | 454/9 | €20,912,744 | €21,725,834 | +€813,090 | +3.9% |
| Accrued charges and deferred income | 492/3 | €1,665,020 | €1,433,614 | -€231,406 | -13.9% |
| Operating income | 70/76A | €132,718,824 | €140,892,489 | +€8.2m | +6.2% |
| Turnover | 70 | €22,129,604 | €22,746,378 | +€616,774 | +2.8% |
| Membership fees, donations, legacies and grants | 73 | €107,294,522 | €114,178,288 | +€6.9m | +6.4% |
| Other operating income | 74 | €3,037,992 | €3,881,998 | +€844,006 | +27.8% |
| Non-recurring operating income | 76A | €256,706 | €85,825 | -€170,881 | -66.6% |
| Operating charges | 60/66A | €126,718,453 | €135,298,947 | +€8.6m | +6.8% |
| Goods for resale, raw materials and consumables | 60 | €4,868,769 | €5,214,297 | +€345,528 | +7.1% |
| Purchases | 600/8 | €4,880,846 | €5,197,065 | +€316,219 | +6.5% |
| Change in stocks: decrease (increase) | 609 | -€12,077 | €17,232 | +€29,309 | |
| Services and other goods | 61 | €7,641,980 | €7,556,283 | -€85,697 | -1.1% |
| Remuneration, social security and pensions | 62 | €108,191,978 | €116,572,798 | +€8.4m | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,026,934 | €5,334,426 | +€307,492 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,997 | €5,104 | -€2,893 | -36.2% |
| Other operating charges | 640/8 | €553,098 | €657,841 | +€104,743 | +18.9% |
| Non-recurring operating charges | 66A | €283,228 | €29,141 | -€254,087 | -89.7% |
| Operating profit (loss) | 9901 | €6,000,371 | €5,593,542 | -€406,829 | -6.8% |
| Financial income | 75/76B | €123,659 | €125,046 | +€1,387 | +1.1% |
| Recurring financial income | 75 | €123,440 | €124,907 | +€1,467 | +1.2% |
| Income from financial fixed assets | 750 | €5,387 | €27,506 | +€22,119 | +411% |
| Income from current assets | 751 | €91,250 | €68,705 | -€22,545 | -24.7% |
| Other financial income | 752/9 | €26,803 | €28,696 | +€1,893 | +7.1% |
| Non-recurring financial income | 76B | €219 | €139 | -€80 | -36.5% |
| Financial charges | 65/66B | €548,805 | €639,338 | +€90,533 | +16.5% |
| Recurring financial charges | 65 | €548,472 | €636,944 | +€88,472 | +16.1% |
| Debt charges | 650 | €516,896 | €621,945 | +€105,049 | +20.3% |
| Other financial charges | 652/9 | €31,576 | €14,999 | -€16,577 | -52.5% |
| Non-recurring financial charges | 66B | €333 | €2,394 | +€2,061 | +619% |
| Profit (loss) for the period before taxes | 9903 | €5,575,225 | €5,079,250 | -€495,975 | -8.9% |
| Profit (loss) for the period | 9904 | €5,575,225 | €5,079,250 | -€495,975 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,575,225 | €5,079,250 | -€495,975 | -8.9% |
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 16 October 2026 via checked.be.