A-CARE: 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.
A-CARE
Largest movements
- Tangible fixed assets -€127,118
down €127,118 (-11.3%), from €1.1m to €998,809
of which Land and buildings: -€105,965
- Receivables within one year +€78,193
up €78,193 (+59.0%), from €132,538 to €210,732
of which Other amounts receivable: +€79,887
- Cash -€76,141
down €76,141 (-16.1%), from €473,319 to €397,177
mainly Debts after one year (-€152,253) and Receivables within one year (-€78,193)
- Debts after one year -€152,253
down €152,253 (-16.8%), from €906,346 to €754,093
of which Financial debts: -€152,253
- Trade debts +€20,683
up €20,683 (+111.5%), from €18,550 to €39,233
- Gross operating margin -€54,402
down €54,402 (-25.1%), from €216,369 to €161,966
- Taxes -€18,692
down €18,692 (-73.5%), from €25,438 to €6,746
- Depreciation +€5,613
up €5,613 (+4.5%), from €125,441 to €131,054
- Other operating charges -€2,274
down €2,274 (-13.3%), from €17,142 to €14,868
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,739,929 | €1,612,849 | -€127,080 | -7.3% |
| Fixed assets | 21/28 | €1,130,378 | €1,002,997 | -€127,381 | -11.3% |
| Intangible fixed assets | 21 | €851 | €588 | -€262 | -30.8% |
| Tangible fixed assets | 22/27 | €1,125,927 | €998,809 | -€127,118 | -11.3% |
| Land and buildings | 22 | €1,039,306 | €933,340 | -€105,965 | -10.2% |
| Plant, machinery and equipment | 23 | €8,447 | €6,027 | -€2,420 | -28.6% |
| Furniture and vehicles | 24 | €78,175 | €59,442 | -€18,733 | -24.0% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €609,551 | €609,852 | +€301 | 0.0% |
| Amounts receivable within one year | 40/41 | €132,538 | €210,732 | +€78,193 | +59.0% |
| Trade receivables | 40 | €1,694 | €0 | -€1,694 | -100.0% |
| Other amounts receivable | 41 | €130,845 | €210,732 | +€79,887 | +61.1% |
| Cash at bank and in hand | 54/58 | €473,319 | €397,177 | -€76,141 | -16.1% |
| Deferred charges and accrued income | 490/1 | €3,694 | €1,943 | -€1,751 | -47.4% |
| Total equity and liabilities | 10/49 | €1,739,929 | €1,612,849 | -€127,080 | -7.3% |
| Equity | 10/15 | €561,255 | €564,620 | +€3,364 | +0.6% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €240,216 | €254,445 | +€14,229 | +5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €238,356 | €252,585 | +€14,229 | +6.0% |
| Profit (loss) carried forward | 14 | €238,215 | €237,382 | -€833 | -0.3% |
| Investment grants | 15 | €70,225 | €60,193 | -€10,032 | -14.3% |
| Provisions and deferred taxes | 16 | €17,556 | €15,048 | -€2,508 | -14.3% |
| Deferred taxes | 168 | €17,556 | €15,048 | -€2,508 | -14.3% |
| Amounts payable | 17/49 | €1,161,117 | €1,033,181 | -€127,936 | -11.0% |
| Amounts payable after more than one year | 17 | €906,346 | €754,093 | -€152,253 | -16.8% |
| Financial debts | 170/4 | €805,815 | €653,562 | -€152,253 | -18.9% |
| Other amounts payable | 178/9 | €100,531 | €100,531 | = | 0.0% |
| Amounts payable within one year | 42/48 | €252,351 | €275,918 | +€23,567 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €150,936 | €152,253 | +€1,317 | +0.9% |
| Trade debts | 44 | €18,550 | €39,233 | +€20,683 | +111.5% |
| Suppliers | 440/4 | €18,550 | €39,233 | +€20,683 | +111.5% |
| Taxes, remuneration and social security | 45 | €250 | €250 | = | 0.0% |
| Taxes | 450/3 | €250 | €250 | = | 0.0% |
| Other amounts payable | 47/48 | €82,615 | €84,182 | +€1,567 | +1.9% |
| Accrued charges and deferred income | 492/3 | €2,420 | €3,170 | +€750 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,441 | €131,054 | +€5,613 | +4.5% |
| Other operating charges | 640/8 | €17,142 | €14,868 | -€2,274 | -13.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €216,369 | €161,966 | -€54,402 | -25.1% |
| Operating profit (loss) | 9901 | €73,786 | €16,045 | -€57,741 | -78.3% |
| Financial income | 75/76B | €10,038 | €10,063 | +€26 | +0.3% |
| Recurring financial income | 75 | €10,038 | €10,063 | +€26 | +0.3% |
| Financial charges | 65/66B | €8,340 | €7,641 | -€699 | -8.4% |
| Recurring financial charges | 65 | €8,340 | €7,641 | -€699 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €75,483 | €18,467 | -€57,017 | -75.5% |
| Transfer from deferred taxes | 780 | €2,508 | €2,508 | = | 0.0% |
| Income taxes | 67/77 | €25,438 | €6,746 | -€18,692 | -73.5% |
| Profit (loss) for the period | 9904 | €52,554 | €14,229 | -€38,324 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,554 | €14,229 | -€38,324 | -72.9% |
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 10 October 2026 via checked.be.