BE-CARE: what changed
Two fiscal 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.
BE-CARE
Largest movements
- Intangible fixed assets +€731,788
up €731,788 (+75.5%), from €969,496 to €1.7m
- Receivables within one year -€143,905
down €143,905 (-56.4%), from €255,317 to €111,412
of which Other amounts receivable: -€211,386
- Stocks and contracts +€76,713
new in 2025: €76,713
- Deferred charges and accrued income -€31,511
down €31,511 (-69.4%), from €45,401 to €13,890
- Short-term financial debts +€399,783
up €399,783 (+15993.2%), from €2,500 to €402,282
- Investment grants +€270,327
up €270,327 (+59.9%), from €451,606 to €721,933
- Other debts -€208,460
down €208,460 (-69.5%), from €299,900 to €91,440
- Profit (loss) carried forward -€167,834
down €167,834 (-113.7%), from -€147,658 to -€315,492
- Trade debts +€152,743
up €152,743 (+59.2%), from €257,814 to €410,558
- Staff costs +€44,183
up €44,183 (+18.6%), from €238,075 to €282,258
- Gross operating margin +€21,902
up €21,902 (+16.6%), from €132,109 to €154,011
- Financial charges +€14,835
up €14,835 (+121.6%), from €12,203 to €27,038
- Other operating charges +€5,622
up €5,622 (+258.9%), from €2,171 to €7,793
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 | €1,289,216 | €1,954,540 | +€665,323 | +51.6% |
| Formation expenses | 20 | €229 | €12,577 | +€12,348 | +5381.2% |
| Fixed assets | 21/28 | €979,392 | €1,712,722 | +€733,329 | +74.9% |
| Intangible fixed assets | 21 | €969,496 | €1,701,284 | +€731,788 | +75.5% |
| Tangible fixed assets | 22/27 | €5,096 | €6,437 | +€1,341 | +26.3% |
| Furniture and vehicles | 24 | €5,096 | €6,437 | +€1,341 | +26.3% |
| Financial fixed assets | 28 | €4,800 | €5,000 | +€200 | +4.2% |
| Current assets | 29/58 | €309,595 | €229,241 | -€80,354 | -26.0% |
| Stocks and contracts in progress | 3 | - | €76,713 | +€76,713 | |
| Stocks | 30/36 | - | €76,713 | +€76,713 | |
| Amounts receivable within one year | 40/41 | €255,317 | €111,412 | -€143,905 | -56.4% |
| Trade receivables | 40 | €1,065 | €68,546 | +€67,481 | +6339.3% |
| Other amounts receivable | 41 | €254,253 | €42,866 | -€211,386 | -83.1% |
| Cash at bank and in hand | 54/58 | €8,876 | €27,226 | +€18,349 | +206.7% |
| Deferred charges and accrued income | 490/1 | €45,401 | €13,890 | -€31,511 | -69.4% |
| Total equity and liabilities | 10/49 | €1,289,216 | €1,954,540 | +€665,323 | +51.6% |
| Equity | 10/15 | €333,949 | €436,441 | +€102,492 | +30.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,658 | -€315,492 | -€167,834 | -113.7% |
| Investment grants | 15 | €451,606 | €721,933 | +€270,327 | +59.9% |
| Amounts payable | 17/49 | €955,268 | €1,518,099 | +€562,831 | +58.9% |
| Amounts payable after more than one year | 17 | €364,999 | €494,790 | +€129,791 | +35.6% |
| Financial debts | 170/4 | €364,999 | €494,790 | +€129,791 | +35.6% |
| Amounts payable within one year | 42/48 | €588,836 | €1,023,309 | +€434,473 | +73.8% |
| Current portion of amounts payable after more than one year | 42 | - | €20,209 | +€20,209 | |
| Financial debts | 43 | €2,500 | €402,282 | +€399,783 | +15993.2% |
| Credit institutions | 430/8 | €2,500 | €402,282 | +€399,783 | +15993.2% |
| Trade debts | 44 | €257,814 | €410,558 | +€152,743 | +59.2% |
| Suppliers | 440/4 | €257,814 | €410,558 | +€152,743 | +59.2% |
| Advances received on contracts in progress | 46 | - | €32,096 | +€32,096 | |
| Taxes, remuneration and social security | 45 | €28,621 | €66,724 | +€38,103 | +133.1% |
| Taxes | 450/3 | €112 | €144 | +€32 | +28.9% |
| Remuneration and social security | 454/9 | €28,509 | €66,579 | +€38,070 | +133.5% |
| Other amounts payable | 47/48 | €299,900 | €91,440 | -€208,460 | -69.5% |
| Accrued charges and deferred income | 492/3 | €1,433 | €0 | -€1,433 | -100.0% |
| Remuneration, social security and pensions | 62 | €238,075 | €282,258 | +€44,183 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,008 | €3,842 | +€833 | +27.7% |
| Other operating charges | 640/8 | €2,171 | €7,793 | +€5,622 | +258.9% |
| Non-recurring operating charges | 66A | €2,089 | €697 | -€1,392 | -66.6% |
| Gross operating margin | 9900 | €132,109 | €154,011 | +€21,902 | +16.6% |
| Operating profit (loss) | 9901 | -€113,235 | -€140,580 | -€27,345 | -24.1% |
| Financial income | 75/76B | €9 | €89 | +€81 | +906.0% |
| Recurring financial income | 75 | €9 | €89 | +€81 | +906.0% |
| Financial charges | 65/66B | €12,203 | €27,038 | +€14,835 | +121.6% |
| Recurring financial charges | 65 | €12,203 | €27,038 | +€14,835 | +121.6% |
| Profit (loss) for the period before taxes | 9903 | -€125,429 | -€167,529 | -€42,099 | -33.6% |
| Income taxes | 67/77 | €112 | €144 | +€32 | +28.9% |
| Profit (loss) for the period | 9904 | -€125,541 | -€167,673 | -€42,132 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€125,541 | -€167,673 | -€42,132 | -33.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.