E-Care Managed Services: 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.
E-Care Managed Services
Largest movements
- Receivables within one year -€15,913
down €15,913 (-13.3%), from €119,761 to €103,848
of which Trade receivables: -€16,861
- Cash +€10,918
up €10,918 (+34.4%), from €31,742 to €42,660
mainly Net result for the year (+€22,485) and Receivables within one year (+€15,913)
- Stocks and contracts +€10,019
up €10,019 (+122.2%), from €8,199 to €18,218
- Profit (loss) carried forward +€22,485
up €22,485 (+110.0%), from €20,446 to €42,931
- Trade debts -€13,159
down €13,159 (-11.6%), from €113,398 to €100,238
- Tax, wage and social debts -€4,302
down €4,302 (-59.3%), from €7,251 to €2,949
- Gross operating margin +€9,494
up €9,494 (+45.4%), from €20,917 to €30,411
- Taxes +€2,647
up €2,647 (+51.6%), from €5,129 to €7,776
- Other operating charges -€1,949
no longer reported in 2025 (was €1,949)
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 | €159,703 | €164,726 | +€5,024 | +3.1% |
| Current assets | 29/58 | €159,703 | €164,726 | +€5,024 | +3.1% |
| Stocks and contracts in progress | 3 | €8,199 | €18,218 | +€10,019 | +122.2% |
| Stocks | 30/36 | €8,199 | €18,218 | +€10,019 | +122.2% |
| Amounts receivable within one year | 40/41 | €119,761 | €103,848 | -€15,913 | -13.3% |
| Trade receivables | 40 | €113,198 | €96,337 | -€16,861 | -14.9% |
| Other amounts receivable | 41 | €6,563 | €7,511 | +€948 | +14.4% |
| Cash at bank and in hand | 54/58 | €31,742 | €42,660 | +€10,918 | +34.4% |
| Total equity and liabilities | 10/49 | €159,703 | €164,726 | +€5,024 | +3.1% |
| Equity | 10/15 | €39,054 | €61,539 | +€22,485 | +57.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €57 | €57 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57 | €57 | = | 0.0% |
| Reserves not available under the articles | 1311 | €57 | €57 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,446 | €42,931 | +€22,485 | +110.0% |
| Amounts payable | 17/49 | €120,649 | €103,188 | -€17,461 | -14.5% |
| Amounts payable within one year | 42/48 | €120,649 | €103,188 | -€17,461 | -14.5% |
| Trade debts | 44 | €113,398 | €100,238 | -€13,159 | -11.6% |
| Suppliers | 440/4 | €113,398 | €100,238 | -€13,159 | -11.6% |
| Taxes, remuneration and social security | 45 | €7,251 | €2,949 | -€4,302 | -59.3% |
| Taxes | 450/3 | €7,251 | €2,949 | -€4,302 | -59.3% |
| Other operating charges | 640/8 | €1,949 | - | -€1,949 | |
| Gross operating margin | 9900 | €20,917 | €30,411 | +€9,494 | +45.4% |
| Operating profit (loss) | 9901 | €18,968 | €30,411 | +€11,443 | +60.3% |
| Financial charges | 65/66B | €146 | €150 | +€4 | +2.6% |
| Recurring financial charges | 65 | €146 | €150 | +€4 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €18,822 | €30,261 | +€11,439 | +60.8% |
| Income taxes | 67/77 | €5,129 | €7,776 | +€2,647 | +51.6% |
| Profit (loss) for the period | 9904 | €13,693 | €22,485 | +€8,792 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,693 | €22,485 | +€8,792 | +64.2% |
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 10 October 2026 via checked.be.