Care4Excellence: 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.
Care4Excellence
Largest movements
- Receivables within one year +€108,448
up €108,448 (+157%), from €69,278 to €177,726
of which Trade receivables: +€95,892
- Deferred charges and accrued income -€54,194
down €54,194 (-91.0%), from €59,538 to €5,345
- Stocks and contracts -€5,738
down €5,738 (-100%), from €5,738 to €0
- Tangible fixed assets -€4,838
down €4,838 (-23.3%), from €20,721 to €15,883
- Other debts +€59,556
up €59,556 (+96.0%), from €62,028 to €121,585
- Reserves -€34,739
down €34,739 (-20.4%), from €170,459 to €135,720
- Short-term financial debts +€14,959
up €14,959 (+127%), from €11,793 to €26,752
- Tax, wage and social debts +€12,624
up €12,624 (+204%), from €6,177 to €18,801
- Current portion of long-term debt -€8,391
down €8,391 (-82.9%), from €10,125 to €1,734
- Gross operating margin +€66,234
up €66,234 (+102%), from €64,938 to €131,173
- Taxes +€21,020
up €21,020 (+89.1%), from €23,592 to €44,612
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 | €263,827 | €307,250 | +€43,423 | +16.5% |
| Fixed assets | 21/28 | €20,721 | €15,883 | -€4,838 | -23.3% |
| Tangible fixed assets | 22/27 | €20,721 | €15,883 | -€4,838 | -23.3% |
| Furniture and vehicles | 24 | €20,721 | €15,883 | -€4,838 | -23.3% |
| Current assets | 29/58 | €243,106 | €291,367 | +€48,261 | +19.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,738 | €0 | -€5,738 | -100% |
| Stocks | 30/36 | €5,738 | €0 | -€5,738 | -100% |
| Amounts receivable within one year | 40/41 | €69,278 | €177,726 | +€108,448 | +157% |
| Trade receivables | 40 | €9,081 | €104,973 | +€95,892 | +1,056% |
| Other amounts receivable | 41 | €60,197 | €72,754 | +€12,556 | +20.9% |
| Cash at bank and in hand | 54/58 | €8,552 | €8,296 | -€256 | -3.0% |
| Deferred charges and accrued income | 490/1 | €59,538 | €5,345 | -€54,194 | -91.0% |
| Total equity and liabilities | 10/49 | €263,827 | €307,250 | +€43,423 | +16.5% |
| Equity | 10/15 | €170,460 | €135,721 | -€34,739 | -20.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €170,459 | €135,720 | -€34,739 | -20.4% |
| Distributable reserves | 133 | €170,459 | €135,720 | -€34,739 | -20.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €93,367 | €171,529 | +€78,162 | +83.7% |
| Amounts payable after more than one year | 17 | €1,734 | €0 | -€1,734 | -100% |
| Financial debts | 170/4 | €1,734 | €0 | -€1,734 | -100% |
| Amounts payable within one year | 42/48 | €91,633 | €171,529 | +€79,896 | +87.2% |
| Current portion of amounts payable after more than one year | 42 | €10,125 | €1,734 | -€8,391 | -82.9% |
| Financial debts | 43 | €11,793 | €26,752 | +€14,959 | +127% |
| Credit institutions | 430/8 | €11,793 | €26,752 | +€14,959 | +127% |
| Trade debts | 44 | €1,509 | €2,656 | +€1,147 | +76.0% |
| Suppliers | 440/4 | €1,509 | €2,656 | +€1,147 | +76.0% |
| Taxes, remuneration and social security | 45 | €6,177 | €18,801 | +€12,624 | +204% |
| Taxes | 450/3 | €6,177 | €18,801 | +€12,624 | +204% |
| Other amounts payable | 47/48 | €62,028 | €121,585 | +€59,556 | +96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,547 | €5,266 | +€719 | +15.8% |
| Other operating charges | 640/8 | €848 | €1,229 | +€381 | +44.9% |
| Gross operating margin | 9900 | €64,938 | €131,173 | +€66,234 | +102% |
| Operating profit (loss) | 9901 | €59,543 | €124,678 | +€65,135 | +109% |
| Financial income | 75/76B | €6,093 | €6,484 | +€391 | +6.4% |
| Recurring financial income | 75 | €6,093 | €6,484 | +€391 | +6.4% |
| Financial charges | 65/66B | €1,576 | €1,055 | -€521 | -33.0% |
| Recurring financial charges | 65 | €1,576 | €1,055 | -€521 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €64,059 | €130,106 | +€66,047 | +103% |
| Income taxes | 67/77 | €23,592 | €44,612 | +€21,020 | +89.1% |
| Profit (loss) for the period | 9904 | €40,467 | €85,494 | +€45,027 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €40,467 | €85,494 | +€45,027 | +111% |
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 19 October 2026 via checked.be.