BS 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.
BS CARE
Largest movements
- Tangible fixed assets +€108,368
up €108,368 (+379%), from €28,612 to €136,980
of which Furniture and vehicles: +€105,053
- Receivables within one year +€33,206
up €33,206 (+27.4%), from €121,089 to €154,295
of which Other amounts receivable: +€30,713
- Cash -€24,218
down €24,218 (-44.4%), from €54,486 to €30,268
mainly Investment in fixed assets (net) (-€144,375) and Receivables within one year (-€33,206)
- Current investments +€17,040
up €17,040 (+83.8%), from €20,330 to €37,370
- Reserves +€73,972
up €73,972 (+52.3%), from €141,476 to €215,448
- Current portion of long-term debt +€43,503
up €43,503 (+174%), from €25,019 to €68,522
- Debts after one year +€12,717
up €12,717 (+73.3%), from €17,346 to €30,063
- Gross operating margin +€25,826
up €25,826 (+23.7%), from €108,877 to €134,703
- Taxes +€16,557
up €16,557 (+104%), from €15,915 to €32,472
- Financial income +€13,976
up €13,976 (+19,411%), from €72 to €14,048
- Depreciation +€11,167
up €11,167 (+45.0%), from €24,840 to €36,007
- Financial charges +€2,029
up €2,029 (+113%), from €1,798 to €3,827
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 | €224,839 | €360,808 | +€135,969 | +60.5% |
| Fixed assets | 21/28 | €28,612 | €136,980 | +€108,368 | +379% |
| Tangible fixed assets | 22/27 | €28,612 | €136,980 | +€108,368 | +379% |
| Land and buildings | 22 | - | €3,315 | +€3,315 | |
| Furniture and vehicles | 24 | €28,612 | €133,665 | +€105,053 | +367% |
| Current assets | 29/58 | €196,227 | €223,828 | +€27,601 | +14.1% |
| Amounts receivable within one year | 40/41 | €121,089 | €154,295 | +€33,206 | +27.4% |
| Trade receivables | 40 | €5,818 | €8,311 | +€2,493 | +42.8% |
| Other amounts receivable | 41 | €115,271 | €145,984 | +€30,713 | +26.6% |
| Current investments | 50/53 | €20,330 | €37,370 | +€17,040 | +83.8% |
| Cash at bank and in hand | 54/58 | €54,486 | €30,268 | -€24,218 | -44.4% |
| Deferred charges and accrued income | 490/1 | €322 | €1,895 | +€1,573 | +489% |
| Total equity and liabilities | 10/49 | €224,839 | €360,808 | +€135,969 | +60.5% |
| Equity | 10/15 | €160,076 | €234,048 | +€73,972 | +46.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,476 | €215,448 | +€73,972 | +52.3% |
| Distributable reserves | 133 | €141,476 | €215,448 | +€73,972 | +52.3% |
| Amounts payable | 17/49 | €64,763 | €126,760 | +€61,997 | +95.7% |
| Amounts payable after more than one year | 17 | €17,346 | €30,063 | +€12,717 | +73.3% |
| Financial debts | 170/4 | €17,346 | €30,063 | +€12,717 | +73.3% |
| Amounts payable within one year | 42/48 | €47,417 | €96,697 | +€49,280 | +104% |
| Current portion of amounts payable after more than one year | 42 | €25,019 | €68,522 | +€43,503 | +174% |
| Trade debts | 44 | €2,971 | €5,313 | +€2,342 | +78.8% |
| Suppliers | 440/4 | €2,971 | €5,313 | +€2,342 | +78.8% |
| Taxes, remuneration and social security | 45 | €18,594 | €22,029 | +€3,435 | +18.5% |
| Taxes | 450/3 | €18,594 | €22,029 | +€3,435 | +18.5% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,840 | €36,007 | +€11,167 | +45.0% |
| Other operating charges | 640/8 | €707 | €943 | +€236 | +33.4% |
| Non-recurring operating charges | 66A | €1,645 | €697 | -€948 | -57.6% |
| Gross operating margin | 9900 | €108,877 | €134,703 | +€25,826 | +23.7% |
| Operating profit (loss) | 9901 | €81,685 | €97,056 | +€15,371 | +18.8% |
| Financial income | 75/76B | €72 | €14,048 | +€13,976 | +19,411% |
| Recurring financial income | 75 | €72 | €14,048 | +€13,976 | +19,411% |
| Financial charges | 65/66B | €1,798 | €3,827 | +€2,029 | +113% |
| Recurring financial charges | 65 | €1,798 | €3,827 | +€2,029 | +113% |
| Profit (loss) for the period before taxes | 9903 | €79,959 | €107,277 | +€27,318 | +34.2% |
| Income taxes | 67/77 | €15,915 | €32,472 | +€16,557 | +104% |
| Profit (loss) for the period | 9904 | €64,044 | €74,805 | +€10,761 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,044 | €74,805 | +€10,761 | +16.8% |
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 26 October 2026 via checked.be.