HealthA: 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.
HealthA
Largest movements
- Cash +€27,355
up €27,355 (+32.1%), from €85,148 to €112,503
mainly Net result for the year (+€75,798) and Receivables after one year (+€21,551)
- Receivables after one year -€21,551
down €21,551 (-44.9%), from €48,034 to €26,483
- Current investments +€20,121
up €20,121 (+16.5%), from €121,991 to €142,112
- Tangible fixed assets -€12,780
down €12,780 (-13.8%), from €92,815 to €80,035
of which Land and buildings: -€9,524
- Receivables within one year +€5,939
up €5,939 (+14.9%), from €39,815 to €45,754
of which Trade receivables: +€5,400
- Reserves +€74,132
up €74,132 (+24.0%), from €308,578 to €382,710
- Other debts -€45,341
down €45,341 (-94.5%), from €48,002 to €2,662
- Tax, wage and social debts -€6,835
down €6,835 (-35.2%), from €19,433 to €12,599
- Gross operating margin +€10,410
up €10,410 (+9.7%), from €106,940 to €117,350
- Taxes +€4,636
up €4,636 (+17.9%), from €25,895 to €30,531
- Depreciation -€2,999
down €2,999 (-19.0%), from €15,779 to €12,780
- Financial income +€1,694
up €1,694 (+58.0%), from €2,923 to €4,616
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 | €388,912 | €409,432 | +€20,519 | +5.3% |
| Fixed assets | 21/28 | €92,815 | €80,035 | -€12,780 | -13.8% |
| Tangible fixed assets | 22/27 | €92,815 | €80,035 | -€12,780 | -13.8% |
| Land and buildings | 22 | €85,247 | €75,723 | -€9,524 | -11.2% |
| Plant, machinery and equipment | 23 | €1,230 | €959 | -€271 | -22.0% |
| Furniture and vehicles | 24 | €3,353 | €1,971 | -€1,382 | -41.2% |
| Other tangible fixed assets | 26 | €2,985 | €1,381 | -€1,604 | -53.7% |
| Current assets | 29/58 | €296,098 | €329,397 | +€33,300 | +11.2% |
| Amounts receivable after more than one year | 29 | €48,034 | €26,483 | -€21,551 | -44.9% |
| Other amounts receivable | 291 | €48,034 | €26,483 | -€21,551 | -44.9% |
| Amounts receivable within one year | 40/41 | €39,815 | €45,754 | +€5,939 | +14.9% |
| Trade receivables | 40 | €18,635 | €24,035 | +€5,400 | +29.0% |
| Other amounts receivable | 41 | €21,181 | €21,719 | +€539 | +2.5% |
| Current investments | 50/53 | €121,991 | €142,112 | +€20,121 | +16.5% |
| Cash at bank and in hand | 54/58 | €85,148 | €112,503 | +€27,355 | +32.1% |
| Deferred charges and accrued income | 490/1 | €1,109 | €2,545 | +€1,436 | +129% |
| Total equity and liabilities | 10/49 | €388,912 | €409,432 | +€20,519 | +5.3% |
| Equity | 10/15 | €314,778 | €388,910 | +€74,132 | +23.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €308,578 | €382,710 | +€74,132 | +24.0% |
| Distributable reserves | 133 | €308,578 | €382,710 | +€74,132 | +24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €74,134 | €20,521 | -€53,612 | -72.3% |
| Amounts payable after more than one year | 17 | €1,340 | €1,420 | +€80 | +6.0% |
| Other amounts payable | 178/9 | €1,340 | €1,420 | +€80 | +6.0% |
| Amounts payable within one year | 42/48 | €72,794 | €19,101 | -€53,692 | -73.8% |
| Financial debts | 43 | €980 | €341 | -€638 | -65.1% |
| Credit institutions | 430/8 | €980 | €341 | -€638 | -65.1% |
| Trade debts | 44 | €4,378 | €3,499 | -€879 | -20.1% |
| Suppliers | 440/4 | €4,378 | €3,499 | -€879 | -20.1% |
| Taxes, remuneration and social security | 45 | €19,433 | €12,599 | -€6,835 | -35.2% |
| Taxes | 450/3 | €19,433 | €12,599 | -€6,835 | -35.2% |
| Other amounts payable | 47/48 | €48,002 | €2,662 | -€45,341 | -94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,779 | €12,780 | -€2,999 | -19.0% |
| Other operating charges | 640/8 | €1,376 | €1,411 | +€35 | +2.6% |
| Gross operating margin | 9900 | €106,940 | €117,350 | +€10,410 | +9.7% |
| Operating profit (loss) | 9901 | €89,785 | €103,159 | +€13,374 | +14.9% |
| Financial income | 75/76B | €2,923 | €4,616 | +€1,694 | +58.0% |
| Recurring financial income | 75 | €2,923 | €4,616 | +€1,694 | +58.0% |
| Financial charges | 65/66B | €1,801 | €1,446 | -€355 | -19.7% |
| Recurring financial charges | 65 | €1,801 | €1,446 | -€355 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €90,906 | €106,329 | +€15,423 | +17.0% |
| Income taxes | 67/77 | €25,895 | €30,531 | +€4,636 | +17.9% |
| Profit (loss) for the period | 9904 | €65,011 | €75,798 | +€10,787 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,011 | €75,798 | +€10,787 | +16.6% |
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 31 October 2026 via checked.be.