FIRST CARE INVEST: what changed
What changed
FIRST CARE INVEST
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€40,425
2024 · -€34,587+€75,013
Equity
-€280,511
2024 · -€320,936+€40,425
Cash
€150,301
2024 · €9,579+€140,723
Balance sheet total
€433,962
2024 · €558,194-€124,232
Largest movements
Assets
- Tangible fixed assets -€266,041
down €266,041 (-48.9%), from €543,963 to €277,923
of which Land and buildings: -€262,618
- Cash +€140,723
up €140,723 (+1,469%), from €9,579 to €150,301
mainly Investment in fixed assets (net) (+€233,185) and Net result for the year (+€40,425)
Equity and liabilities
- Debts after one year -€153,071
down €153,071 (-18.7%), from €817,757 to €664,686
- Profit (loss) carried forward +€40,425
up €40,425 (+11.9%), from -€339,536 to -€299,111
- Accrued charges and deferred income -€13,643
down €13,643 (-89.0%), from €15,327 to €1,684
Income statement
- Gross operating margin +€44,885
up €44,885 (+106%), from €42,335 to €87,220
- Financial charges -€17,901
down €17,901 (-71.8%), from €24,917 to €7,016
- Depreciation -€13,075
down €13,075 (-28.5%), from €45,931 to €32,856
- Other operating charges +€881
up €881 (+14.5%), from €6,074 to €6,956
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€34,587
Gross operating margin
+€44,885
Depreciation
+€13,075
Other operating charges
-€881
Other operating items
-€9
Financial income
+€42
Financial charges
+€17,901
Result 2025
€40,425
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€60,764
Investment
+€233,185
Financing
-€153,226
Cash 2024
€9,579
From operations (derived)
+€60,764
Net result for the year
+€40,425
Depreciation
+€32,856
Receivables within one year
-€382
Deferred charges and accrued income
-€705
Trade debts
+€3,736
Tax, wage and social debts
-€1,523
Accrued charges and deferred income
-€13,643
Investment (derived)
+€233,185
Investment in fixed assets (net)
+€233,185
Financing
-€153,226
Debts after one year
-€153,071
Current portion of long-term debt
-€155
Cash 2025
€150,301
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €558,194 | €433,962 | -€124,232 | -22.3% |
| Fixed assets | 21/28 | €544,619 | €278,578 | -€266,041 | -48.8% |
| Tangible fixed assets | 22/27 | €543,963 | €277,923 | -€266,041 | -48.9% |
| Land and buildings | 22 | €539,405 | €276,787 | -€262,618 | -48.7% |
| Plant, machinery and equipment | 23 | €1,425 | €785 | -€640 | -44.9% |
| Furniture and vehicles | 24 | €3,133 | €351 | -€2,782 | -88.8% |
| Financial fixed assets | 28 | €655 | €655 | = | 0.0% |
| Current assets | 29/58 | €13,575 | €155,384 | +€141,809 | +1,045% |
| Amounts receivable within one year | 40/41 | €3,025 | €3,407 | +€382 | +12.6% |
| Trade receivables | 40 | €3,025 | €3,407 | +€382 | +12.6% |
| Cash at bank and in hand | 54/58 | €9,579 | €150,301 | +€140,723 | +1,469% |
| Deferred charges and accrued income | 490/1 | €971 | €1,676 | +€705 | +72.6% |
| Total equity and liabilities | 10/49 | €558,194 | €433,962 | -€124,232 | -22.3% |
| Equity | 10/15 | -€320,936 | -€280,511 | +€40,425 | +12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€339,536 | -€299,111 | +€40,425 | +11.9% |
| Amounts payable | 17/49 | €879,130 | €714,473 | -€164,657 | -18.7% |
| Amounts payable after more than one year | 17 | €817,757 | €664,686 | -€153,071 | -18.7% |
| Financial debts | 170/4 | €817,757 | €664,686 | -€153,071 | -18.7% |
| Amounts payable within one year | 42/48 | €46,046 | €48,103 | +€2,057 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €42,191 | €42,036 | -€155 | -0.4% |
| Trade debts | 44 | €373 | €4,109 | +€3,736 | +1,002% |
| Suppliers | 440/4 | €373 | €4,109 | +€3,736 | +1,002% |
| Taxes, remuneration and social security | 45 | €3,482 | €1,959 | -€1,523 | -43.7% |
| Taxes | 450/3 | €3,482 | €1,959 | -€1,523 | -43.7% |
| Accrued charges and deferred income | 492/3 | €15,327 | €1,684 | -€13,643 | -89.0% |
| Non-recurring operating income | 76A | - | €61,815 | +€61,815 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,931 | €32,856 | -€13,075 | -28.5% |
| Other operating charges | 640/8 | €6,074 | €6,956 | +€881 | +14.5% |
| Non-recurring operating charges | 66A | - | €9 | +€9 | |
| Gross operating margin | 9900 | €42,335 | €87,220 | +€44,885 | +106% |
| Operating profit (loss) | 9901 | -€9,670 | €47,399 | +€57,069 | |
| Financial income | 75/76B | €0 | €42 | +€42 | |
| Recurring financial income | 75 | €0 | €42 | +€42 | |
| Financial charges | 65/66B | €24,917 | €7,016 | -€17,901 | -71.8% |
| Recurring financial charges | 65 | €24,917 | €7,016 | -€17,901 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | -€34,587 | €40,425 | +€75,013 | |
| Profit (loss) for the period | 9904 | -€34,587 | €40,425 | +€75,013 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,587 | €40,425 | +€75,013 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.