BvCare: 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.
BvCare
Largest movements
- Cash -€32,387
down €32,387 (-77.4%), from €41,844 to €9,457
mainly Contributions, distributions and other (-€93,902) and Debts after one year (-€57,143)
- Receivables within one year -€10,960
down €10,960 (-8.3%), from €132,288 to €121,328
of which Trade receivables: -€7,975
- Tangible fixed assets -€10,791
down €10,791 (-32.2%), from €33,470 to €22,678
of which Furniture and vehicles: -€9,444
- Debts after one year -€57,143
down €57,143 (-46.4%), from €123,214 to €66,072
- Other debts +€31,042
up €31,042 (+48.8%), from €63,545 to €94,587
- Tax, wage and social debts -€19,977
down €19,977 (-68.4%), from €29,202 to €9,225
- Reserves -€10,139
down €10,139 (-3.7%), from €277,413 to €267,274
- Gross operating margin -€16,271
down €16,271 (-10.5%), from €155,300 to €139,028
- Taxes -€4,716
down €4,716 (-10.5%), from €44,701 to €39,985
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 | €550,702 | €494,447 | -€56,255 | -10.2% |
| Fixed assets | 21/28 | €136,666 | €125,875 | -€10,791 | -7.9% |
| Tangible fixed assets | 22/27 | €33,470 | €22,678 | -€10,791 | -32.2% |
| Plant, machinery and equipment | 23 | €5,266 | €3,919 | -€1,347 | -25.6% |
| Furniture and vehicles | 24 | €28,204 | €18,759 | -€9,444 | -33.5% |
| Financial fixed assets | 28 | €103,197 | €103,197 | = | 0.0% |
| Current assets | 29/58 | €414,036 | €368,573 | -€45,463 | -11.0% |
| Amounts receivable after more than one year | 29 | €237,500 | €237,500 | = | 0.0% |
| Trade receivables | 290 | €237,500 | €237,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €132,288 | €121,328 | -€10,960 | -8.3% |
| Trade receivables | 40 | €67,288 | €59,313 | -€7,975 | -11.9% |
| Other amounts receivable | 41 | €65,000 | €62,015 | -€2,985 | -4.6% |
| Cash at bank and in hand | 54/58 | €41,844 | €9,457 | -€32,387 | -77.4% |
| Deferred charges and accrued income | 490/1 | €2,404 | €287 | -€2,117 | -88.0% |
| Total equity and liabilities | 10/49 | €550,702 | €494,447 | -€56,255 | -10.2% |
| Equity | 10/15 | €277,414 | €267,275 | -€10,139 | -3.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €277,413 | €267,274 | -€10,139 | -3.7% |
| Distributable reserves | 133 | €277,413 | €267,274 | -€10,139 | -3.7% |
| Amounts payable | 17/49 | €273,288 | €227,173 | -€46,115 | -16.9% |
| Amounts payable after more than one year | 17 | €123,214 | €66,072 | -€57,143 | -46.4% |
| Financial debts | 170/4 | €123,214 | €66,072 | -€57,143 | -46.4% |
| Amounts payable within one year | 42/48 | €150,073 | €161,101 | +€11,028 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €57,143 | €57,143 | = | 0.0% |
| Trade debts | 44 | €183 | €146 | -€37 | -20.4% |
| Suppliers | 440/4 | €183 | €146 | -€37 | -20.4% |
| Taxes, remuneration and social security | 45 | €29,202 | €9,225 | -€19,977 | -68.4% |
| Taxes | 450/3 | €29,202 | €9,225 | -€19,977 | -68.4% |
| Other amounts payable | 47/48 | €63,545 | €94,587 | +€31,042 | +48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,817 | €11,619 | -€198 | -1.7% |
| Other operating charges | 640/8 | €674 | €641 | -€33 | -4.9% |
| Non-recurring operating charges | 66A | - | €247 | +€247 | |
| Gross operating margin | 9900 | €155,300 | €139,028 | -€16,271 | -10.5% |
| Operating profit (loss) | 9901 | €142,809 | €126,522 | -€16,287 | -11.4% |
| Financial charges | 65/66B | €3,604 | €2,775 | -€830 | -23.0% |
| Recurring financial charges | 65 | €3,604 | €2,775 | -€830 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €139,205 | €123,748 | -€15,458 | -11.1% |
| Income taxes | 67/77 | €44,701 | €39,985 | -€4,716 | -10.5% |
| Profit (loss) for the period | 9904 | €94,504 | €83,762 | -€10,742 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,504 | €83,762 | -€10,742 | -11.4% |
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 18 October 2026 via checked.be.