CORcare: what changed
Two fiscal 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.
CORcare
Largest movements
- Receivables within one year +€119,584
up €119,584 (+105.7%), from €113,175 to €232,759
- Cash -€44,518
down €44,518 (-49.4%), from €90,049 to €45,531
mainly Contributions, distributions and other (-€557,200) and Receivables within one year (-€119,584)
- Tangible fixed assets +€4,009
up €4,009 (+5.5%), from €72,942 to €76,950
of which Plant, machinery and equipment: +€11,501
- Other debts +€319,047
up €319,047 (+8447.6%), from €3,777 to €322,823
- Reserves -€255,537
down €255,537 (-99.9%), from €255,681 to €144
- Tax, wage and social debts +€15,392
up €15,392 (+106.7%), from €14,425 to €29,817
- Gross operating margin +€182,975
up €182,975 (+79.7%), from €229,571 to €412,546
- Taxes +€44,182
up €44,182 (+86.3%), from €51,211 to €95,392
- Depreciation +€7,331
up €7,331 (+104.2%), from €7,038 to €14,369
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 | €276,673 | €355,962 | +€79,289 | +28.7% |
| Fixed assets | 21/28 | €72,942 | €76,950 | +€4,009 | +5.5% |
| Tangible fixed assets | 22/27 | €72,942 | €76,950 | +€4,009 | +5.5% |
| Plant, machinery and equipment | 23 | €36,557 | €48,058 | +€11,501 | +31.5% |
| Furniture and vehicles | 24 | €36,384 | €28,892 | -€7,492 | -20.6% |
| Current assets | 29/58 | €203,732 | €279,012 | +€75,280 | +37.0% |
| Amounts receivable within one year | 40/41 | €113,175 | €232,759 | +€119,584 | +105.7% |
| Trade receivables | 40 | €113,175 | €232,759 | +€119,584 | +105.7% |
| Cash at bank and in hand | 54/58 | €90,049 | €45,531 | -€44,518 | -49.4% |
| Deferred charges and accrued income | 490/1 | €507 | €722 | +€214 | +42.3% |
| Total equity and liabilities | 10/49 | €276,673 | €355,962 | +€79,289 | +28.7% |
| Equity | 10/15 | €257,181 | €1,644 | -€255,537 | -99.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €255,681 | €144 | -€255,537 | -99.9% |
| Distributable reserves | 133 | €255,681 | €144 | -€255,537 | -99.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,492 | €354,319 | +€334,826 | +1717.7% |
| Amounts payable within one year | 42/48 | €19,352 | €354,319 | +€334,966 | +1730.9% |
| Trade debts | 44 | €1,151 | €1,678 | +€527 | +45.8% |
| Suppliers | 440/4 | €1,151 | €1,678 | +€527 | +45.8% |
| Taxes, remuneration and social security | 45 | €14,425 | €29,817 | +€15,392 | +106.7% |
| Taxes | 450/3 | €14,425 | €29,817 | +€15,392 | +106.7% |
| Other amounts payable | 47/48 | €3,777 | €322,823 | +€319,047 | +8447.6% |
| Accrued charges and deferred income | 492/3 | €140 | €0 | -€140 | -100.0% |
| Non-recurring operating income | 76A | €99 | €0 | -€99 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,038 | €14,369 | +€7,331 | +104.2% |
| Other operating charges | 640/8 | €1,031 | €1,076 | +€45 | +4.4% |
| Gross operating margin | 9900 | €229,571 | €412,546 | +€182,975 | +79.7% |
| Operating profit (loss) | 9901 | €221,502 | €397,102 | +€175,599 | +79.3% |
| Financial charges | 65/66B | €53 | €47 | -€6 | -11.9% |
| Recurring financial charges | 65 | €53 | €47 | -€6 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €221,450 | €397,055 | +€175,605 | +79.3% |
| Income taxes | 67/77 | €51,211 | €95,392 | +€44,182 | +86.3% |
| Profit (loss) for the period | 9904 | €170,239 | €301,663 | +€131,424 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €170,239 | €301,663 | +€131,424 | +77.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.