CARE ITAL: 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.
CARE ITAL
Largest movements
- Receivables within one year -€5.9m
down €5.9m (-46.5%), from €12.6m to €6.7m
of which Other amounts receivable: -€5.8m
- Receivables after one year -€1.1m
down €1.1m (-18.0%), from €6.2m to €5.1m
- Cash +€371,173
up €371,173 (+6,155%), from €6,030 to €377,203
mainly Receivables within one year (+€5.9m) and Receivables after one year (+€1.1m)
- Tangible fixed assets -€237,728
down €237,728 (-5.9%), from €4.1m to €3.8m
of which Land and buildings: -€232,328
- Other debts -€6.0m
down €6.0m (-100%), from €6.0m to €0
- Debts after one year -€1.0m
down €1.0m (-8.6%), from €12.0m to €11.0m
- Profit (loss) carried forward +€407,026
up €407,026 (+46.9%), from €866,980 to €1.3m
- Financial charges +€345,284
up €345,284 (+149%), from €231,668 to €576,952
- Taxes -€99,719
down €99,719 (-42.1%), from €236,838 to €137,118
- Financial income +€39,379
up €39,379 (+6.4%), from €619,069 to €658,448
- Gross operating margin -€12,212
down €12,212 (-1.8%), from €668,223 to €656,011
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 | €22,815,069 | €15,985,841 | -€6.8m | -29.9% |
| Fixed assets | 21/28 | €4,063,116 | €3,825,388 | -€237,728 | -5.9% |
| Tangible fixed assets | 22/27 | €4,060,516 | €3,822,788 | -€237,728 | -5.9% |
| Land and buildings | 22 | €4,007,231 | €3,774,903 | -€232,328 | -5.8% |
| Plant, machinery and equipment | 23 | €53,285 | €47,885 | -€5,400 | -10.1% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €18,751,953 | €12,160,453 | -€6.6m | -35.2% |
| Amounts receivable after more than one year | 29 | €6,173,509 | €5,062,714 | -€1.1m | -18.0% |
| Trade receivables | 290 | €6,173,509 | €5,062,714 | -€1.1m | -18.0% |
| Amounts receivable within one year | 40/41 | €12,572,414 | €6,720,536 | -€5.9m | -46.5% |
| Trade receivables | 40 | €47,140 | €2,208 | -€44,932 | -95.3% |
| Other amounts receivable | 41 | €12,525,274 | €6,718,328 | -€5.8m | -46.4% |
| Cash at bank and in hand | 54/58 | €6,030 | €377,203 | +€371,173 | +6,155% |
| Total equity and liabilities | 10/49 | €22,815,069 | €15,985,841 | -€6.8m | -29.9% |
| Equity | 10/15 | €3,118,886 | €3,434,718 | +€315,832 | +10.1% |
| Contributions | 10/11 | €1,086,089 | €1,086,089 | = | 0.0% |
| Capital | 10 | €1,086,089 | €1,086,089 | = | 0.0% |
| Issued capital | 100 | €1,086,089 | €1,086,089 | = | 0.0% |
| Reserves | 13 | €1,165,817 | €1,074,623 | -€91,194 | -7.8% |
| Non-distributable reserves | 130/1 | €108,609 | €108,609 | = | 0.0% |
| Legal reserve | 130 | €108,609 | €108,609 | = | 0.0% |
| Tax-exempt reserves | 132 | €949,549 | €858,356 | -€91,194 | -9.6% |
| Distributable reserves | 133 | €107,659 | €107,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | €866,980 | €1,274,006 | +€407,026 | +46.9% |
| Provisions and deferred taxes | 16 | €276,889 | €238,583 | -€38,306 | -13.8% |
| Deferred taxes | 168 | €276,889 | €238,583 | -€38,306 | -13.8% |
| Amounts payable | 17/49 | €19,419,294 | €12,312,540 | -€7.1m | -36.6% |
| Amounts payable after more than one year | 17 | €12,017,070 | €10,986,692 | -€1.0m | -8.6% |
| Financial debts | 170/4 | €12,017,070 | €10,986,692 | -€1.0m | -8.6% |
| Amounts payable within one year | 42/48 | €7,402,084 | €1,325,848 | -€6.1m | -82.1% |
| Current portion of amounts payable after more than one year | 42 | €1,002,008 | €1,030,378 | +€28,370 | +2.8% |
| Financial debts | 43 | €56,031 | €0 | -€56,031 | -100% |
| Credit institutions | 430/8 | €56,031 | €0 | -€56,031 | -100% |
| Trade debts | 44 | €62,632 | €34,657 | -€27,975 | -44.7% |
| Suppliers | 440/4 | €62,632 | €34,657 | -€27,975 | -44.7% |
| Advances received on contracts in progress | 46 | €24,008 | €24,008 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €295,704 | €236,805 | -€58,899 | -19.9% |
| Taxes | 450/3 | €295,704 | €236,805 | -€58,899 | -19.9% |
| Other amounts payable | 47/48 | €5,961,701 | €0 | -€6.0m | -100% |
| Accrued charges and deferred income | 492/3 | €141 | €0 | -€141 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233,043 | €237,728 | +€4,685 | +2.0% |
| Other operating charges | 640/8 | €82,941 | €85,134 | +€2,193 | +2.6% |
| Gross operating margin | 9900 | €668,223 | €656,011 | -€12,212 | -1.8% |
| Operating profit (loss) | 9901 | €352,239 | €333,149 | -€19,090 | -5.4% |
| Financial income | 75/76B | €619,069 | €658,448 | +€39,379 | +6.4% |
| Recurring financial income | 75 | €619,069 | €658,448 | +€39,379 | +6.4% |
| Financial charges | 65/66B | €231,668 | €576,952 | +€345,284 | +149% |
| Recurring financial charges | 65 | €231,668 | €576,952 | +€345,284 | +149% |
| Profit (loss) for the period before taxes | 9903 | €739,640 | €414,645 | -€324,996 | -43.9% |
| Transfer from deferred taxes | 780 | €38,306 | €38,306 | = | 0.0% |
| Income taxes | 67/77 | €236,838 | €137,118 | -€99,719 | -42.1% |
| Profit (loss) for the period | 9904 | €541,108 | €315,832 | -€225,276 | -41.6% |
| Transfer from tax-exempt reserves | 789 | €91,194 | €91,194 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €632,302 | €407,026 | -€225,276 | -35.6% |
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 17 October 2026 via checked.be.