Ter Loke: 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
Ter Loke
NACE 87.991, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€630,343
2024 · €1.1m-€444,048
Equity
€16.7m
2024 · €16.4m+€374,340
Cash
€1.1m
2024 · €2.1m-€1.0m
Balance sheet total
€20.1m
2024 · €19.7m+€398,869
Largest movements
Assets
- Cash -€1.0m
down €1.0m (-48.3%), from €2.1m to €1.1m
mainly Investment in fixed assets (net) (-€1.0m) and Current investments (-€750,000)
- Current investments +€750,000
up €750,000 (+51.7%), from €1.5m to €2.2m
- Tangible fixed assets +€444,996
up €444,996 (+3.2%), from €13.9m to €14.3m
of which Land and buildings: +€418,873
- Deferred charges and accrued income +€285,181
up €285,181 (+234%), from €121,776 to €406,958
Equity and liabilities
- Reserves +€590,028
up €590,028 (+9.4%), from €6.3m to €6.9m
- Investment grants -€256,003
down €256,003 (-3.9%), from €6.6m to €6.4m
Income statement
- Staff costs +€610,129
up €610,129 (+5.0%), from €12.2m to €12.8m
- Other operating income +€199,484
up €199,484 (+133%), from €149,759 to €349,242
- Services and other goods +€62,352
up €62,352 (+6.5%), from €955,532 to €1.0m
- Financial income -€19,676
down €19,676 (-21.3%), from €92,382 to €72,706
of which Financial income: -€19,782
- Financial charges -€18,566
down €18,566 (-40.8%), from €45,460 to €26,893
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
€1.1m
Turnover
+€11,996
Other operating income
+€199,484
Goods and materials
-€15,897
Services and other goods
-€62,352
Staff costs
-€610,129
Depreciation
-€508
Write-downs
-€5,842
Other operating charges
+€5,287
Other operating items
+€35,024
Financial income
-€19,676
Financial charges
+€18,566
Result 2025
€630,343
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
+€1.1m
Investment
-€1.8m
Financing
-€368,585
Cash 2024
€2.1m
From operations (derived)
+€1.1m
Net result for the year
+€630,343
Depreciation
+€572,266
Receivables after one year
+€82,529
Receivables within one year
-€39,477
Deferred charges and accrued income
-€285,181
Provisions
-€5,032
Debts within one year
+€78,273
Accrued charges and deferred income
+€63,871
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.0m
Current investments
-€750,000
Financing
-€368,585
Debts after one year
-€112,582
Contributions, distributions and other
-€256,003
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,749,874 | €20,148,744 | +€398,869 | +2.0% |
| Fixed assets | 21/28 | €13,896,711 | €14,341,499 | +€444,788 | +3.2% |
| Tangible fixed assets | 22/27 | €13,895,899 | €14,340,895 | +€444,996 | +3.2% |
| Land and buildings | 22 | €13,143,940 | €13,562,813 | +€418,873 | +3.2% |
| Plant, machinery and equipment | 23 | €403,280 | €404,191 | +€911 | +0.2% |
| Furniture and vehicles | 24 | €286,955 | €255,589 | -€31,366 | -10.9% |
| Assets under construction and advance payments | 27 | €61,723 | €118,301 | +€56,578 | +91.7% |
| Financial fixed assets | 28 | €812 | €604 | -€208 | -25.6% |
| Other financial fixed assets | 284/8 | €812 | €604 | -€208 | -25.6% |
| Amounts receivable and cash guarantees | 285/8 | €812 | €604 | -€208 | -25.6% |
| Current assets | 29/58 | €5,853,163 | €5,807,245 | -€45,919 | -0.8% |
| Amounts receivable after more than one year | 29 | €124,691 | €42,162 | -€82,529 | -66.2% |
| Other amounts receivable | 291 | €124,691 | €42,162 | -€82,529 | -66.2% |
| Amounts receivable within one year | 40/41 | €2,008,984 | €2,048,460 | +€39,477 | +2.0% |
| Trade receivables | 40 | €45,445 | €70,504 | +€25,058 | +55.1% |
| Other amounts receivable | 41 | €1,963,538 | €1,977,957 | +€14,418 | +0.7% |
| Current investments | 50/53 | €1,450,000 | €2,200,000 | +€750,000 | +51.7% |
| Cash at bank and in hand | 54/58 | €2,147,713 | €1,109,665 | -€1.0m | -48.3% |
| Deferred charges and accrued income | 490/1 | €121,776 | €406,958 | +€285,181 | +234% |
| Total equity and liabilities | 10/49 | €19,749,874 | €20,148,744 | +€398,869 | +2.0% |
| Equity | 10/15 | €16,361,217 | €16,735,557 | +€374,340 | +2.3% |
| Contributions | 10/11 | €2,247,264 | €2,247,264 | = | 0.0% |
| Capital | 10 | €2,247,264 | €2,247,264 | = | 0.0% |
| Reserves | 13 | €6,280,897 | €6,870,925 | +€590,028 | +9.4% |
| Profit (loss) carried forward | 14 | €1,198,000 | €1,238,315 | +€40,315 | +3.4% |
| Investment grants | 15 | €6,635,055 | €6,379,052 | -€256,003 | -3.9% |
| Provisions and deferred taxes | 16 | €125,000 | €119,968 | -€5,032 | -4.0% |
| Provisions for liabilities and charges | 160/5 | €125,000 | €119,968 | -€5,032 | -4.0% |
| Major repairs and maintenance | 162 | €125,000 | €119,968 | -€5,032 | -4.0% |
| Amounts payable | 17/49 | €3,263,657 | €3,293,219 | +€29,562 | +0.9% |
| Amounts payable after more than one year | 17 | €574,494 | €461,912 | -€112,582 | -19.6% |
| Financial debts | 170/4 | €567,119 | €445,904 | -€121,216 | -21.4% |
| Credit institutions | 173 | €567,119 | €445,904 | -€121,216 | -21.4% |
| Other amounts payable | 178/9 | €7,374 | €16,008 | +€8,633 | +117% |
| Amounts payable within one year | 42/48 | €2,671,985 | €2,750,258 | +€78,273 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €116,338 | €121,216 | +€4,877 | +4.2% |
| Financial debts | 43 | - | €37,507 | +€37,507 | |
| Credit institutions | 430/8 | - | €37,507 | +€37,507 | |
| Trade debts | 44 | €94,695 | €101,568 | +€6,873 | +7.3% |
| Suppliers | 440/4 | €94,695 | €101,568 | +€6,873 | +7.3% |
| Taxes, remuneration and social security | 45 | €2,397,494 | €2,462,432 | +€64,938 | +2.7% |
| Taxes | 450/3 | €524,414 | €530,550 | +€6,136 | +1.2% |
| Remuneration and social security | 454/9 | €1,873,080 | €1,931,882 | +€58,802 | +3.1% |
| Accrued charges and deferred income | 492/3 | €17,178 | €81,050 | +€63,871 | +372% |
| Operating income | 70/76A | €15,115,295 | €15,356,058 | +€240,764 | +1.6% |
| Turnover | 70 | €447,689 | €459,684 | +€11,996 | +2.7% |
| Membership fees, donations, legacies and grants | 73 | €14,003,780 | €14,544,228 | +€540,449 | +3.9% |
| Other operating income | 74 | €149,759 | €349,242 | +€199,484 | +133% |
| Non-recurring operating income | 76A | €514,068 | €2,903 | -€511,164 | -99.4% |
| Operating charges | 60/66A | €14,087,826 | €14,771,528 | +€683,702 | +4.9% |
| Goods for resale, raw materials and consumables | 60 | €348,332 | €364,230 | +€15,897 | +4.6% |
| Purchases | 600/8 | €348,332 | €364,230 | +€15,897 | +4.6% |
| Services and other goods | 61 | €955,532 | €1,017,884 | +€62,352 | +6.5% |
| Remuneration, social security and pensions | 62 | €12,161,270 | €12,771,398 | +€610,129 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €571,759 | €572,266 | +€508 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €127 | €5,970 | +€5,842 | +4,596% |
| Other operating charges | 640/8 | €49,156 | €43,869 | -€5,287 | -10.8% |
| Non-recurring operating charges | 66A | €1,650 | €944 | -€707 | -42.8% |
| Operating profit (loss) | 9901 | €1,027,468 | €584,530 | -€442,938 | -43.1% |
| Financial income | 75/76B | €92,382 | €72,706 | -€19,676 | -21.3% |
| Recurring financial income | 75 | €92,377 | €72,595 | -€19,782 | -21.4% |
| Income from current assets | 751 | €73,556 | €57,211 | -€16,345 | -22.2% |
| Other financial income | 752/9 | €18,821 | €15,383 | -€3,437 | -18.3% |
| Non-recurring financial income | 76B | €6 | €111 | +€106 | +1,888% |
| Financial charges | 65/66B | €45,460 | €26,893 | -€18,566 | -40.8% |
| Recurring financial charges | 65 | €45,460 | €26,893 | -€18,566 | -40.8% |
| Debt charges | 650 | €43,338 | €24,961 | -€18,377 | -42.4% |
| Other financial charges | 652/9 | €2,122 | €1,932 | -€190 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €1,074,391 | €630,343 | -€444,048 | -41.3% |
| Profit (loss) for the period | 9904 | €1,074,391 | €630,343 | -€444,048 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,074,391 | €630,343 | -€444,048 | -41.3% |
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 15 October 2026 via checked.be.