Vondels: 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
Vondels
NACE 87.202, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€455,585
2024 · €290,569+€165,016
Equity
€7.3m
2024 · €6.9m+€375,804
Cash
€921,799
2024 · €1.7m-€762,307
Balance sheet total
€10.7m
2024 · €10.3m+€420,077
Largest movements
Assets
- Current investments +€1.4m
up €1.4m (+233%), from €600,000 to €2.0m
- Cash -€762,307
down €762,307 (-45.3%), from €1.7m to €921,799
mainly Current investments (-€1.4m) and Receivables within one year (-€519,888)
- Tangible fixed assets -€625,995
down €625,995 (-9.3%), from €6.7m to €6.1m
of which Assets under construction and advance payments: -€368,084
- Receivables within one year +€519,888
up €519,888 (+81.1%), from €641,146 to €1.2m
of which Other amounts receivable: +€503,404
Equity and liabilities
- Reserves +€567,853
up €567,853 (+32.3%), from €1.8m to €2.3m
- Tax, wage and social debts +€159,117
up €159,117 (+9.8%), from €1.6m to €1.8m
of which Remuneration and social security: +€140,831
- Debts after one year -€124,217
down €124,217 (-8.7%), from €1.4m to €1.3m
of which Financial debts: -€124,149
- Profit (loss) carried forward -€112,268
down €112,268 (-4.4%), from €2.6m to €2.5m
Income statement
- Staff costs +€768,533
up €768,533 (+10.7%), from €7.2m to €8.0m
- Turnover +€82,419
up €82,419 (+12.3%), from €672,096 to €754,516
- Goods and materials +€70,125
up €70,125 (+16.5%), from €425,813 to €495,939
of which Purchases: +€44,543
- Other operating income +€53,435
up €53,435 (+9.7%), from €552,620 to €606,055
- Services and other goods +€30,494
up €30,494 (+3.8%), from €806,859 to €837,354
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
€290,569
Turnover
+€82,419
Other operating income
+€53,435
Goods and materials
-€70,125
Services and other goods
-€30,494
Staff costs
-€768,533
Depreciation
-€2,367
Other operating charges
+€2,813
Other operating items
+€930,078
Financial income
-€29,312
Financial charges
-€6,241
Taxes
+€3,344
Result 2025
€455,585
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
+€806,041
Investment
-€1.4m
Financing
-€205,754
Cash 2024
€1.7m
From operations (derived)
+€806,041
Net result for the year
+€455,585
Depreciation
+€590,453
Receivables after one year
+€96,904
Stocks and contracts
+€16,159
Receivables within one year
-€519,888
Smaller working-capital items
-€4,911
Trade debts
+€19,504
Tax, wage and social debts
+€159,117
Accrued charges and deferred income
-€6,882
Investment (derived)
-€1.4m
Investment in fixed assets (net)
+€37,406
Current investments
-€1.4m
Financing
-€205,754
Debts after one year
-€124,217
Current portion of long-term debt
-€1,757
Contributions, distributions and other
-€79,781
Cash 2025
€921,799
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,303,059 | €10,723,136 | +€420,077 | +4.1% |
| Fixed assets | 21/28 | €6,747,441 | €6,119,582 | -€627,859 | -9.3% |
| Tangible fixed assets | 22/27 | €6,725,660 | €6,099,664 | -€625,995 | -9.3% |
| Land and buildings | 22 | €4,443,500 | €4,284,561 | -€158,939 | -3.6% |
| Plant, machinery and equipment | 23 | €1,344,260 | €1,247,795 | -€96,466 | -7.2% |
| Furniture and vehicles | 24 | €239,249 | €260,741 | +€21,492 | +9.0% |
| Leasing and similar rights | 25 | €326,867 | €302,868 | -€23,999 | -7.3% |
| Assets under construction and advance payments | 27 | €371,783 | €3,699 | -€368,084 | -99.0% |
| Financial fixed assets | 28 | €21,782 | €19,918 | -€1,864 | -8.6% |
| Other financial fixed assets | 284/8 | €21,782 | €19,918 | -€1,864 | -8.6% |
| Shares | 284 | €2,275 | €2,275 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €19,507 | €17,643 | -€1,864 | -9.6% |
| Current assets | 29/58 | €3,555,617 | €4,603,554 | +€1.0m | +29.5% |
| Amounts receivable after more than one year | 29 | €523,227 | €426,322 | -€96,904 | -18.5% |
| Trade receivables | 290 | €523,227 | €426,322 | -€96,904 | -18.5% |
| Stocks and contracts in progress | 3 | €40,161 | €24,002 | -€16,159 | -40.2% |
| Stocks | 30/36 | €40,161 | €24,002 | -€16,159 | -40.2% |
| Raw materials and consumables | 30/31 | €40,161 | €24,002 | -€16,159 | -40.2% |
| Amounts receivable within one year | 40/41 | €641,146 | €1,161,034 | +€519,888 | +81.1% |
| Trade receivables | 40 | €107,762 | €124,245 | +€16,483 | +15.3% |
| Other amounts receivable | 41 | €533,384 | €1,036,788 | +€503,404 | +94.4% |
| Current investments | 50/53 | €600,000 | €2,000,000 | +€1.4m | +233% |
| Cash at bank and in hand | 54/58 | €1,684,106 | €921,799 | -€762,307 | -45.3% |
| Deferred charges and accrued income | 490/1 | €66,978 | €70,397 | +€3,419 | +5.1% |
| Total equity and liabilities | 10/49 | €10,303,059 | €10,723,136 | +€420,077 | +4.1% |
| Equity | 10/15 | €6,879,537 | €7,255,341 | +€375,804 | +5.5% |
| Contributions | 10/11 | €1,000,274 | €1,000,274 | = | 0.0% |
| Capital | 10 | €1,000,274 | €1,000,274 | = | 0.0% |
| Reserves | 13 | €1,757,735 | €2,325,587 | +€567,853 | +32.3% |
| Profit (loss) carried forward | 14 | €2,576,362 | €2,464,095 | -€112,268 | -4.4% |
| Investment grants | 15 | €1,545,165 | €1,465,384 | -€79,781 | -5.2% |
| Provisions and deferred taxes | 16 | €1,493 | - | -€1,493 | |
| Provisions for liabilities and charges | 160/5 | €1,493 | - | -€1,493 | |
| Major repairs and maintenance | 162 | €1,493 | - | -€1,493 | |
| Amounts payable | 17/49 | €3,422,029 | €3,467,795 | +€45,766 | +1.3% |
| Amounts payable after more than one year | 17 | €1,434,781 | €1,310,564 | -€124,217 | -8.7% |
| Financial debts | 170/4 | €1,396,332 | €1,272,183 | -€124,149 | -8.9% |
| Credit institutions | 173 | €1,396,332 | €1,272,183 | -€124,149 | -8.9% |
| Other amounts payable | 178/9 | €38,449 | €38,381 | -€67 | -0.2% |
| Amounts payable within one year | 42/48 | €1,846,735 | €2,023,600 | +€176,865 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €129,008 | €127,251 | -€1,757 | -1.4% |
| Trade debts | 44 | €94,576 | €114,080 | +€19,504 | +20.6% |
| Suppliers | 440/4 | €94,576 | €114,080 | +€19,504 | +20.6% |
| Taxes, remuneration and social security | 45 | €1,623,152 | €1,782,269 | +€159,117 | +9.8% |
| Taxes | 450/3 | €241,101 | €259,387 | +€18,286 | +7.6% |
| Remuneration and social security | 454/9 | €1,382,051 | €1,522,882 | +€140,831 | +10.2% |
| Accrued charges and deferred income | 492/3 | €140,513 | €133,631 | -€6,882 | -4.9% |
| Operating income | 70/76A | €9,550,809 | €10,485,951 | +€935,141 | +9.8% |
| Turnover | 70 | €672,096 | €754,516 | +€82,419 | +12.3% |
| Membership fees, donations, legacies and grants | 73 | €8,204,497 | €9,049,848 | +€845,351 | +10.3% |
| Other operating income | 74 | €552,620 | €606,055 | +€53,435 | +9.7% |
| Non-recurring operating income | 76A | €121,597 | €75,533 | -€46,064 | -37.9% |
| Operating charges | 60/66A | €9,296,036 | €10,033,952 | +€737,916 | +7.9% |
| Goods for resale, raw materials and consumables | 60 | €425,813 | €495,939 | +€70,125 | +16.5% |
| Purchases | 600/8 | €435,237 | €479,780 | +€44,543 | +10.2% |
| Change in stocks: decrease (increase) | 609 | -€9,424 | €16,159 | +€25,582 | |
| Services and other goods | 61 | €806,859 | €837,354 | +€30,494 | +3.8% |
| Remuneration, social security and pensions | 62 | €7,214,906 | €7,983,439 | +€768,533 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €588,086 | €590,453 | +€2,367 | +0.4% |
| Other operating charges | 640/8 | €129,761 | €126,947 | -€2,813 | -2.2% |
| Non-recurring operating charges | 66A | €130,611 | €1,313 | -€129,298 | -99.0% |
| Operating profit (loss) | 9901 | €254,774 | €451,999 | +€197,225 | +77.4% |
| Financial income | 75/76B | €69,520 | €40,207 | -€29,312 | -42.2% |
| Recurring financial income | 75 | €69,520 | €40,207 | -€29,312 | -42.2% |
| Income from current assets | 751 | €69,417 | €40,193 | -€29,224 | -42.1% |
| Other financial income | 752/9 | €102 | €14 | -€89 | -86.4% |
| Financial charges | 65/66B | €33,724 | €39,965 | +€6,241 | +18.5% |
| Recurring financial charges | 65 | €33,724 | €39,965 | +€6,241 | +18.5% |
| Debt charges | 650 | €31,619 | €38,052 | +€6,433 | +20.3% |
| Other financial charges | 652/9 | €2,105 | €1,913 | -€192 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €290,569 | €452,241 | +€161,672 | +55.6% |
| Income taxes | 67/77 | - | -€3,344 | -€3,344 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €3,344 | +€3,344 | |
| Profit (loss) for the period | 9904 | €290,569 | €455,585 | +€165,016 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €290,569 | €455,585 | +€165,016 | +56.8% |
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.