Anima Care

AvH: 92.5%

(€ 1,000) 2014 2015
Turnover 37,927 46,981
EBITDA 5,388 8,890
EBIT  2,423 4,539
Net result 463 1,075
Shareholders' equity (group share)  35,744 40,039
Net financial position -60,232 -69,242
Balance sheet total 121,957 140,180
Personnel 659 824 

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Management

Aquamarijn - Kasterlee

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Anima Care

Beneficial interest AvH: 92.5%
AvH Contact: Jan Suykens
www.animacare.be

Anima Care specializes in the care and health sector in Belgium, focusing on the upmarket segment of accommodation and care for the elderly. Anima Care invests in operational activities and real estate in the segment of residential care for the elderly.

Information from the 2015 annual report

At year-end 2015, Anima Care had a portfolio of more than 1,400 residential units, of which 1,127 retirement home beds, 37 convalescent home beds and 183 service flats were in operation, spread over 12 residential care centres (6 in Flanders, 2 in Brussels, 4 in Wallonia).

Financial overview 2015

With the opening of the new residential care centres, Anima Care’s turnover increased in 2015 by 24% to 47.0 million euros. The residential care centres ‘Zonnesteen’ in Zemst and ‘Au Privilège’ in Haut-Ittre were brought into use in the second and fourth quarter of 2014 respectively. Both are fully occupied and made a full year’s contribution to the figures for 2015. The newly built residence ‘Aquamarijn’ in Kasterlee, with a total capacity of 206 residential units and 25 places in the day care centre, opened at the end of March 2015. ‘Home Scheut’ in Anderlecht, which was acquired on December 1, 2015, made only a limited contribution to the 2015 result.

The profit amounted to 1.1 million euros in 2015, which is 0.6 million euros up on 2014. Since the results are negatively affected by the start up costs for the new residential project in Kasterlee, the turnover increase does not yet fully translate into a profit improvement.

The group’s equity increased from 35.7 million euros at year-end 2014 to 40.0 million euros at year-end 2015. In 2015, the capital was paid up to the amount of 2 million euros, leaving at year-end 2015 9.2 million euros of capital still to be paid up. The net financial debt increased from 60.2 million euros at 31/12/2014 to 69.2 million euros at 31/12/2015. This increase is largely attributable to the financing of the new construction projects and is also partly explained by the acquisition of ‘Home Scheut’, which also owns its buildings. This acquisition and the investments in the new construction projects led to an increase in the balance sheet total from 122.0 million euros at year-end 2014 to 140.2 million euros at year-end 2015.

At the end of 2015, CEO Johan Crijns exercised his stock options and acquired 7.5% of the share capital of Anima Care.

Operational overview 2015

‘Aquamarijn’ in Kasterlee opened at the end of March 2015. This residential care centre, which has 106 retirement home beds, 37 convalescent home beds, 63 service flats and a day care centre for 25 users, is the largest care facility of Anima Care. By operating a day care centre and a convalescent home, Anima Care has added two new forms of care to its range of services. ‘Home Scheut’ (56 beds) in Anderlecht was acquired on December 1, 2015 by Anima Care.

  1. Kruyenberg - Berlare
  2. De Toekomst - Aalst
  3. Home Scheut - Anderlecht
  4. Au Privilège - Haut-Ittre
  5. Zonnesteen - Zemst
  6. Parc des Princes - Oudergem
  7. Résidence St. James - La Hulpe
  8. Aquamarijn - Kasterlee
  9. Philemon & Baucis - Zoutleeuw
  10. Zevenbronnen - Landen
  11. Château d'Awans - Awans
  12. Les Comtes de Méan - Blegny
Anima Care

The PPP project in the centre of Zoutleeuw, which involves a residential project as well as the development of a care project, was awarded in 2015 to the consortium comprising Anima Care, Extensa and Van Laere. On this site, Anima Care will start construction work on a new residential care centre in the second half of 2016.

In September 2015, Anima Care obtained a final and enforceable building permit for the construction of 22 service flats in Blegny. These will be built next to the existing residential care centre, which opened in October 2013. The works will start in the first half of 2016.

Besides investigating and preparing various acquisition and development projects, a great deal of attention went in 2015 into developing and improving the operation of the new care centres.

Outlook 2016

As well as building new residential care centres, Anima Care continues to invest in improving the quality of life in its existing residential care centres in order to meet even better the expectations of its residents. In 2016, Anima Care will start renovation works in Berlare and Awans.

Anima Care will continue to grow by acquisitions, the development of new residential care centres, the extension of existing residential care centres, and the expansion of its range of services. This growth, bolstered by a first-rate service, forms the basis for a further improvement of profitability in the future. As a 100% Belgian-based firm, and with its strategy of providing top-quality care and investing in high-quality real estate, Anima Care is a unique player on the Belgian market. It actively seeks collaboration with other entrepreneurs in the care sector and examines various development and acquisition opportunities.

 

 

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