PROPERTYCAREPLUS: 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.
PROPERTYCAREPLUS
Largest movements
- Tangible fixed assets -€121,180
down €121,180 (-29.8%), from €406,740 to €285,560
of which Leasing and similar rights: -€77,605
- Stocks and contracts +€115,211
up €115,211 (+10.0%), from €1.2m to €1.3m
- Receivables within one year -€69,920
down €69,920 (-63.1%), from €110,783 to €40,863
of which Trade receivables: -€70,827
- Other debts -€166,078
down €166,078 (-21.4%), from €776,147 to €610,069
- Debts after one year +€162,842
up €162,842 (+76.5%), from €212,922 to €375,764
of which Other amounts payable: +€215,233
- Profit (loss) carried forward -€44,794
down €44,794, from €36,554 to -€8,239
- Tax, wage and social debts -€21,756
down €21,756 (-69.5%), from €31,325 to €9,569
of which Taxes: -€16,285
- Gross operating margin -€67,001
down €67,001 (-20.4%), from €329,078 to €262,077
- Staff costs -€46,816
down €46,816 (-28.6%), from €163,885 to €117,069
- Other operating charges -€22,423
down €22,423 (-93.0%), from €24,123 to €1,700
- Financial charges -€9,825
down €9,825 (-16.7%), from €58,788 to €48,962
- Depreciation +€4,008
up €4,008 (+3.0%), from €135,191 to €139,199
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,694,064 | €1,607,386 | -€86,679 | -5.1% |
| Fixed assets | 21/28 | €413,725 | €288,867 | -€124,857 | -30.2% |
| Intangible fixed assets | 21 | €6,985 | €3,307 | -€3,677 | -52.6% |
| Tangible fixed assets | 22/27 | €406,740 | €285,560 | -€121,180 | -29.8% |
| Plant, machinery and equipment | 23 | €86,999 | €54,908 | -€32,091 | -36.9% |
| Furniture and vehicles | 24 | €18,757 | €7,698 | -€11,060 | -59.0% |
| Leasing and similar rights | 25 | €239,929 | €162,324 | -€77,605 | -32.3% |
| Other tangible fixed assets | 26 | €61,054 | €60,630 | -€424 | -0.7% |
| Current assets | 29/58 | €1,280,340 | €1,318,519 | +€38,179 | +3.0% |
| Stocks and contracts in progress | 3 | €1,152,113 | €1,267,324 | +€115,211 | +10.0% |
| Stocks | 30/36 | €1,152,113 | €1,267,324 | +€115,211 | +10.0% |
| Amounts receivable within one year | 40/41 | €110,783 | €40,863 | -€69,920 | -63.1% |
| Trade receivables | 40 | €104,487 | €33,660 | -€70,827 | -67.8% |
| Other amounts receivable | 41 | €6,296 | €7,203 | +€907 | +14.4% |
| Cash at bank and in hand | 54/58 | €14,526 | €7,876 | -€6,650 | -45.8% |
| Deferred charges and accrued income | 490/1 | €2,918 | €2,456 | -€462 | -15.8% |
| Total equity and liabilities | 10/49 | €1,694,064 | €1,607,386 | -€86,679 | -5.1% |
| Equity | 10/15 | €59,818 | €15,025 | -€44,794 | -74.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,664 | €4,664 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,804 | €2,804 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,554 | -€8,239 | -€44,794 | |
| Amounts payable | 17/49 | €1,634,246 | €1,592,361 | -€41,885 | -2.6% |
| Amounts payable after more than one year | 17 | €212,922 | €375,764 | +€162,842 | +76.5% |
| Financial debts | 170/4 | €212,922 | €160,531 | -€52,390 | -24.6% |
| Other amounts payable | 178/9 | - | €215,233 | +€215,233 | |
| Amounts payable within one year | 42/48 | €1,421,324 | €1,216,597 | -€204,727 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €75,192 | €65,197 | -€9,995 | -13.3% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €38,661 | €31,532 | -€7,129 | -18.4% |
| Suppliers | 440/4 | €38,661 | €31,532 | -€7,129 | -18.4% |
| Advances received on contracts in progress | 46 | €0 | €230 | +€230 | |
| Taxes, remuneration and social security | 45 | €31,325 | €9,569 | -€21,756 | -69.5% |
| Taxes | 450/3 | €16,285 | €0 | -€16,285 | -100% |
| Remuneration and social security | 454/9 | €15,040 | €9,569 | -€5,471 | -36.4% |
| Other amounts payable | 47/48 | €776,147 | €610,069 | -€166,078 | -21.4% |
| Remuneration, social security and pensions | 62 | €163,885 | €117,069 | -€46,816 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,191 | €139,199 | +€4,008 | +3.0% |
| Other operating charges | 640/8 | €24,123 | €1,700 | -€22,423 | -93.0% |
| Gross operating margin | 9900 | €329,078 | €262,077 | -€67,001 | -20.4% |
| Operating profit (loss) | 9901 | €5,879 | €4,109 | -€1,770 | -30.1% |
| Financial income | 75/76B | €807 | €60 | -€747 | -92.5% |
| Recurring financial income | 75 | €807 | €60 | -€747 | -92.5% |
| Financial charges | 65/66B | €58,788 | €48,962 | -€9,825 | -16.7% |
| Recurring financial charges | 65 | €58,788 | €48,962 | -€9,825 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€52,101 | -€44,794 | +€7,308 | +14.0% |
| Profit (loss) for the period | 9904 | -€52,101 | -€44,794 | +€7,308 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,101 | -€44,794 | +€7,308 | +14.0% |
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.