CARESTMAX: 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.
CARESTMAX
Largest movements
- Cash +€38,501
up €38,501 (+107%), from €35,831 to €74,332
mainly Net result for the year (+€35,649) and Depreciation (+€7,997)
- Receivables within one year -€4,254
down €4,254 (-14.2%), from €30,002 to €25,748
of which Trade receivables: -€5,387
- Tangible fixed assets -€2,455
down €2,455 (-3.9%), from €62,275 to €59,820
of which Land and buildings: -€3,102
- Profit (loss) carried forward +€35,649
up €35,649, from -€7,655 to €27,994
- Tax, wage and social debts -€3,901
down €3,901 (-41.5%), from €9,393 to €5,492
of which Remuneration and social security: -€3,770
- Gross operating margin +€27,478
up €27,478 (+50.8%), from €54,136 to €81,614
- Staff costs -€7,380
down €7,380 (-16.4%), from €45,087 to €37,707
- Depreciation -€1,229
down €1,229 (-13.3%), from €9,226 to €7,997
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 | €135,871 | €168,524 | +€32,653 | +24.0% |
| Fixed assets | 21/28 | €62,638 | €60,183 | -€2,455 | -3.9% |
| Tangible fixed assets | 22/27 | €62,275 | €59,820 | -€2,455 | -3.9% |
| Land and buildings | 22 | €44,763 | €41,661 | -€3,102 | -6.9% |
| Plant, machinery and equipment | 23 | €1,507 | €3,483 | +€1,976 | +131% |
| Furniture and vehicles | 24 | €16,005 | €14,676 | -€1,330 | -8.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €73,233 | €108,340 | +€35,108 | +47.9% |
| Stocks and contracts in progress | 3 | €6,432 | €7,439 | +€1,007 | +15.7% |
| Stocks | 30/36 | €6,432 | €7,439 | +€1,007 | +15.7% |
| Amounts receivable within one year | 40/41 | €30,002 | €25,748 | -€4,254 | -14.2% |
| Trade receivables | 40 | €8,165 | €2,778 | -€5,387 | -66.0% |
| Other amounts receivable | 41 | €21,838 | €22,971 | +€1,133 | +5.2% |
| Cash at bank and in hand | 54/58 | €35,831 | €74,332 | +€38,501 | +107% |
| Deferred charges and accrued income | 490/1 | €967 | €821 | -€146 | -15.1% |
| Total equity and liabilities | 10/49 | €135,871 | €168,524 | +€32,653 | +24.0% |
| Equity | 10/15 | €10,945 | €46,594 | +€35,649 | +326% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,655 | €27,994 | +€35,649 | |
| Amounts payable | 17/49 | €124,926 | €121,930 | -€2,996 | -2.4% |
| Amounts payable within one year | 42/48 | €124,926 | €121,930 | -€2,996 | -2.4% |
| Trade debts | 44 | €11,930 | €12,872 | +€942 | +7.9% |
| Suppliers | 440/4 | €11,930 | €12,872 | +€942 | +7.9% |
| Taxes, remuneration and social security | 45 | €9,393 | €5,492 | -€3,901 | -41.5% |
| Taxes | 450/3 | €5,424 | €5,293 | -€131 | -2.4% |
| Remuneration and social security | 454/9 | €3,969 | €199 | -€3,770 | -95.0% |
| Other amounts payable | 47/48 | €103,603 | €103,565 | -€37 | 0.0% |
| Remuneration, social security and pensions | 62 | €45,087 | €37,707 | -€7,380 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,226 | €7,997 | -€1,229 | -13.3% |
| Other operating charges | 640/8 | €464 | €254 | -€210 | -45.3% |
| Gross operating margin | 9900 | €54,136 | €81,614 | +€27,478 | +50.8% |
| Operating profit (loss) | 9901 | -€641 | €35,656 | +€36,297 | |
| Financial income | 75/76B | €1,064 | €810 | -€254 | -23.9% |
| Recurring financial income | 75 | €1,064 | €810 | -€254 | -23.9% |
| Financial charges | 65/66B | €238 | €817 | +€579 | +243% |
| Recurring financial charges | 65 | €238 | €817 | +€579 | +243% |
| Profit (loss) for the period before taxes | 9903 | €185 | €35,649 | +€35,464 | +19,191% |
| Profit (loss) for the period | 9904 | €185 | €35,649 | +€35,464 | +19,191% |
| Profit (loss) for the period to be appropriated | 9905 | €185 | €35,649 | +€35,464 | +19,191% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.