CARE ADVIES: what changed
What changed
CARE ADVIES
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€102,095
2024 · €87,606+€14,489
Equity
€18,600
2024 · €106,206-€87,606
Cash
€26,563
2024 · €27,795-€1,231
Balance sheet total
€139,776
2024 · €117,228+€22,547
Largest movements
Assets
- Tangible fixed assets +€15,148
up €15,148 (+223%), from €6,802 to €21,949
of which Plant, machinery and equipment: +€15,427
- Receivables within one year +€8,622
up €8,622 (+10.5%), from €82,320 to €90,942
of which Other amounts receivable: +€6,267
Equity and liabilities
- Other debts +€106,394
new in 2025: €106,394
- Reserves -€87,606
no longer reported in 2025 (was €87,606)
- Tax, wage and social debts +€2,219
up €2,219 (+24.0%), from €9,253 to €11,472
- Trade debts +€1,576
up €1,576 (+91.0%), from €1,732 to €3,308
Income statement
- Gross operating margin +€19,183
up €19,183 (+16.4%), from €116,824 to €136,007
- Taxes +€4,221
up €4,221 (+17.1%), from €24,643 to €28,865
- Depreciation +€1,636
up €1,636 (+69.5%), from €2,353 to €3,989
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€87,606
Gross operating margin
+€19,183
Depreciation
-€1,636
Other operating charges
+€462
Financial income
+€669
Financial charges
+€32
Taxes
-€4,221
Result 2025
€102,095
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€207,642
Investment
-€19,137
Financing
-€189,737
Cash 2024
€27,795
From operations (derived)
+€207,642
Net result for the year
+€102,095
Depreciation
+€3,989
Receivables within one year
-€8,622
Deferred charges and accrued income
-€9
Trade debts
+€1,576
Tax, wage and social debts
+€2,219
Other debts
+€106,394
Investment (derived)
-€19,137
Investment in fixed assets (net)
-€19,137
Financing
-€189,737
Short-term financial debts
-€35
Contributions, distributions and other
-€189,702
Cash 2025
€26,563
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,228 | €139,776 | +€22,547 | +19.2% |
| Fixed assets | 21/28 | €6,802 | €21,949 | +€15,148 | +223% |
| Tangible fixed assets | 22/27 | €6,802 | €21,949 | +€15,148 | +223% |
| Plant, machinery and equipment | 23 | €5,750 | €21,176 | +€15,427 | +268% |
| Furniture and vehicles | 24 | €1,052 | €773 | -€279 | -26.5% |
| Current assets | 29/58 | €110,427 | €117,826 | +€7,400 | +6.7% |
| Amounts receivable within one year | 40/41 | €82,320 | €90,942 | +€8,622 | +10.5% |
| Trade receivables | 40 | €52,056 | €54,411 | +€2,355 | +4.5% |
| Other amounts receivable | 41 | €30,264 | €36,531 | +€6,267 | +20.7% |
| Cash at bank and in hand | 54/58 | €27,795 | €26,563 | -€1,231 | -4.4% |
| Deferred charges and accrued income | 490/1 | €312 | €321 | +€9 | +2.9% |
| Total equity and liabilities | 10/49 | €117,228 | €139,776 | +€22,547 | +19.2% |
| Equity | 10/15 | €106,206 | €18,600 | -€87,606 | -82.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,606 | - | -€87,606 | |
| Distributable reserves | 133 | €87,606 | - | -€87,606 | |
| Amounts payable | 17/49 | €11,022 | €121,176 | +€110,154 | +999% |
| Amounts payable within one year | 42/48 | €11,022 | €121,176 | +€110,154 | +999% |
| Financial debts | 43 | €37 | €2 | -€35 | -94.6% |
| Credit institutions | 430/8 | €37 | €2 | -€35 | -94.6% |
| Trade debts | 44 | €1,732 | €3,308 | +€1,576 | +91.0% |
| Suppliers | 440/4 | €1,732 | €3,308 | +€1,576 | +91.0% |
| Taxes, remuneration and social security | 45 | €9,253 | €11,472 | +€2,219 | +24.0% |
| Taxes | 450/3 | €9,253 | €11,472 | +€2,219 | +24.0% |
| Other amounts payable | 47/48 | - | €106,394 | +€106,394 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,353 | €3,989 | +€1,636 | +69.5% |
| Other operating charges | 640/8 | €2,105 | €1,643 | -€462 | -22.0% |
| Gross operating margin | 9900 | €116,824 | €136,007 | +€19,183 | +16.4% |
| Operating profit (loss) | 9901 | €112,366 | €130,375 | +€18,009 | +16.0% |
| Financial income | 75/76B | €4 | €672 | +€669 | +18,680% |
| Recurring financial income | 75 | €4 | €672 | +€669 | +18,680% |
| Financial charges | 65/66B | €120 | €88 | -€32 | -27.0% |
| Recurring financial charges | 65 | €120 | €88 | -€32 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €112,250 | €130,960 | +€18,710 | +16.7% |
| Income taxes | 67/77 | €24,643 | €28,865 | +€4,221 | +17.1% |
| Profit (loss) for the period | 9904 | €87,606 | €102,095 | +€14,489 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,606 | €102,095 | +€14,489 | +16.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.