El Cares: 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.
El Cares
Largest movements
- Receivables within one year -€10,498
down €10,498 (-29.9%), from €35,101 to €24,603
of which Other amounts receivable: -€18,951
- Debts after one year -€27,738
down €27,738 (-11.1%), from €250,056 to €222,318
of which Other amounts payable: -€20,167
- Revaluation surpluses -€24,000
down €24,000 (-3.6%), from €669,500 to €645,500
- Reserves +€24,000
up €24,000 (+1,290%), from €1,860 to €25,860
of which Distributable reserves: +€24,000
- Profit (loss) carried forward +€23,106
up €23,106 (+13.1%), from -€176,801 to -€153,695
- Gross operating margin +€43,013
up €43,013 (+229%), from €18,781 to €61,794
- Depreciation +€24,266
up €24,266 (+321%), from €7,565 to €31,831
- Other operating charges +€5,584
up €5,584 (+1,893%), from €295 to €5,879
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 | €786,715 | €773,355 | -€13,360 | -1.7% |
| Fixed assets | 21/28 | €725,454 | €717,606 | -€7,848 | -1.1% |
| Tangible fixed assets | 22/27 | €725,454 | €717,606 | -€7,848 | -1.1% |
| Land and buildings | 22 | €699,941 | €675,941 | -€24,000 | -3.4% |
| Furniture and vehicles | 24 | €25,513 | €17,948 | -€7,565 | -29.7% |
| Other tangible fixed assets | 26 | - | €23,717 | +€23,717 | |
| Current assets | 29/58 | €61,261 | €55,748 | -€5,513 | -9.0% |
| Amounts receivable within one year | 40/41 | €35,101 | €24,603 | -€10,498 | -29.9% |
| Trade receivables | 40 | €16,150 | €24,603 | +€8,454 | +52.3% |
| Other amounts receivable | 41 | €18,951 | - | -€18,951 | |
| Cash at bank and in hand | 54/58 | €26,160 | €29,805 | +€3,645 | +13.9% |
| Deferred charges and accrued income | 490/1 | - | €1,340 | +€1,340 | |
| Total equity and liabilities | 10/49 | €786,715 | €773,355 | -€13,360 | -1.7% |
| Equity | 10/15 | €513,151 | €536,257 | +€23,106 | +4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €669,500 | €645,500 | -€24,000 | -3.6% |
| Reserves | 13 | €1,860 | €25,860 | +€24,000 | +1,290% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €24,000 | +€24,000 | |
| Profit (loss) carried forward | 14 | -€176,801 | -€153,695 | +€23,106 | +13.1% |
| Amounts payable | 17/49 | €273,564 | €237,098 | -€36,466 | -13.3% |
| Amounts payable after more than one year | 17 | €250,056 | €222,318 | -€27,738 | -11.1% |
| Financial debts | 170/4 | €18,856 | €11,285 | -€7,571 | -40.1% |
| Other amounts payable | 178/9 | €231,200 | €211,033 | -€20,167 | -8.7% |
| Amounts payable within one year | 42/48 | €23,507 | €14,779 | -€8,728 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €7,258 | €7,571 | +€312 | +4.3% |
| Trade debts | 44 | €9,776 | €3,462 | -€6,314 | -64.6% |
| Suppliers | 440/4 | €9,776 | €3,462 | -€6,314 | -64.6% |
| Taxes, remuneration and social security | 45 | €6,473 | €3,292 | -€3,182 | -49.2% |
| Taxes | 450/3 | €6,473 | €3,292 | -€3,182 | -49.2% |
| Other amounts payable | 47/48 | - | €455 | +€455 | |
| Non-recurring operating income | 76A | - | €4,471 | +€4,471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,565 | €31,831 | +€24,266 | +321% |
| Other operating charges | 640/8 | €295 | €5,879 | +€5,584 | +1,893% |
| Gross operating margin | 9900 | €18,781 | €61,794 | +€43,013 | +229% |
| Operating profit (loss) | 9901 | €10,922 | €24,084 | +€13,162 | +121% |
| Financial charges | 65/66B | €1,312 | €978 | -€334 | -25.4% |
| Recurring financial charges | 65 | €1,312 | €978 | -€334 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €9,610 | €23,106 | +€13,496 | +140% |
| Profit (loss) for the period | 9904 | €9,610 | €23,106 | +€13,496 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €9,610 | €23,106 | +€13,496 | +140% |
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 15 October 2026 via checked.be.