CARE-ST: 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-ST
Largest movements
- Tangible fixed assets -€6,551
down €6,551 (-53.1%), from €12,343 to €5,792
- Cash +€6,372
up €6,372 (+28.6%), from €22,280 to €28,652
mainly Depreciation (+€5,321) and Receivables within one year (+€3,753)
- Receivables within one year -€3,753
down €3,753 (-45.1%), from €8,319 to €4,566
of which Trade receivables: -€3,341
- Stocks and contracts +€858
new in 2025: €858
- Profit (loss) carried forward -€1,869
down €1,869 (-14.1%), from €13,270 to €11,401
- Trade debts -€1,264
no longer reported in 2025 (was €1,264)
- Gross operating margin -€5,957
down €5,957 (-54.8%), from €10,874 to €4,917
- Depreciation -€3,065
down €3,065 (-36.5%), from €8,386 to €5,321
- Taxes -€818
no longer reported in 2025 (was €818)
- Financial charges +€290
up €290 (+475.4%), from €61 to €351
of which Non-recurring financial charges: +€196
- Other operating charges +€231
up €231 (+23.9%), from €966 to €1,197
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 | €42,941 | €40,034 | -€2,907 | -6.8% |
| Fixed assets | 21/28 | €12,343 | €5,792 | -€6,551 | -53.1% |
| Tangible fixed assets | 22/27 | €12,343 | €5,792 | -€6,551 | -53.1% |
| Furniture and vehicles | 24 | €12,343 | €5,792 | -€6,551 | -53.1% |
| Current assets | 29/58 | €30,598 | €34,242 | +€3,644 | +11.9% |
| Stocks and contracts in progress | 3 | - | €858 | +€858 | |
| Stocks | 30/36 | - | €858 | +€858 | |
| Amounts receivable within one year | 40/41 | €8,319 | €4,566 | -€3,753 | -45.1% |
| Trade receivables | 40 | €6,171 | €2,830 | -€3,341 | -54.1% |
| Other amounts receivable | 41 | €2,148 | €1,736 | -€412 | -19.2% |
| Cash at bank and in hand | 54/58 | €22,280 | €28,652 | +€6,372 | +28.6% |
| Deferred charges and accrued income | 490/1 | - | €166 | +€166 | |
| Total equity and liabilities | 10/49 | €42,941 | €40,034 | -€2,907 | -6.8% |
| Equity | 10/15 | €40,270 | €38,401 | -€1,869 | -4.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,270 | €11,401 | -€1,869 | -14.1% |
| Amounts payable | 17/49 | €2,671 | €1,633 | -€1,038 | -38.9% |
| Amounts payable within one year | 42/48 | €2,671 | €1,633 | -€1,038 | -38.9% |
| Trade debts | 44 | €1,264 | - | -€1,264 | |
| Suppliers | 440/4 | €1,264 | - | -€1,264 | |
| Taxes, remuneration and social security | 45 | €1,406 | €1,406 | = | 0.0% |
| Taxes | 450/3 | €1,406 | €1,406 | = | 0.0% |
| Other amounts payable | 47/48 | - | €226 | +€226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,386 | €5,321 | -€3,065 | -36.5% |
| Other operating charges | 640/8 | €966 | €1,197 | +€231 | +23.9% |
| Gross operating margin | 9900 | €10,874 | €4,917 | -€5,957 | -54.8% |
| Operating profit (loss) | 9901 | €1,523 | -€1,601 | -€3,124 | |
| Financial income | 75/76B | - | €83 | +€83 | |
| Recurring financial income | 75 | - | €83 | +€83 | |
| Financial charges | 65/66B | €61 | €351 | +€290 | +475.4% |
| Recurring financial charges | 65 | €61 | €155 | +€94 | +154.4% |
| Non-recurring financial charges | 66B | - | €196 | +€196 | |
| Profit (loss) for the period before taxes | 9903 | €1,462 | -€1,869 | -€3,331 | |
| Income taxes | 67/77 | €818 | - | -€818 | |
| Profit (loss) for the period | 9904 | €643 | -€1,869 | -€2,512 | |
| Profit (loss) for the period to be appropriated | 9905 | €643 | -€1,869 | -€2,512 |
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 9 October 2026 via checked.be.