HICARE ASSURANCES: 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.
HICARE ASSURANCES
Largest movements
- Cash +€38,444
up €38,444 (+49.3%), from €78,014 to €116,458
mainly Net result for the year (+€81,944) and Other debts (+€50,000)
- Tangible fixed assets +€4,610
up €4,610 (+3.7%), from €124,197 to €128,807
of which Other tangible fixed assets: +€3,866
- Profit (loss) carried forward -€98,057
down €98,057 (-67.3%), from €145,762 to €47,705
- Reserves +€80,000
new in 2025: €80,000
- Other debts +€50,000
up €50,000 (+143%), from €35,000 to €85,000
- Tax, wage and social debts +€16,581
up €16,581 (+57.2%), from €29,010 to €45,591
of which Taxes: +€17,909
- Debts after one year -€7,795
down €7,795 (-20.1%), from €38,873 to €31,078
- Gross operating margin +€28,246
up €28,246 (+23.5%), from €120,246 to €148,492
- Taxes +€17,364
up €17,364 (+80.6%), from €21,534 to €38,898
- Staff costs -€2,139
down €2,139 (-9.2%), from €23,369 to €21,230
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 | €296,179 | €339,512 | +€43,333 | +14.6% |
| Fixed assets | 21/28 | €127,882 | €132,492 | +€4,610 | +3.6% |
| Tangible fixed assets | 22/27 | €124,197 | €128,807 | +€4,610 | +3.7% |
| Land and buildings | 22 | €120,000 | €120,000 | = | 0.0% |
| Furniture and vehicles | 24 | €2,357 | €3,101 | +€744 | +31.6% |
| Other tangible fixed assets | 26 | €1,840 | €5,706 | +€3,866 | +210% |
| Financial fixed assets | 28 | €3,685 | €3,685 | = | 0.0% |
| Current assets | 29/58 | €168,297 | €207,020 | +€38,723 | +23.0% |
| Amounts receivable within one year | 40/41 | €53,589 | €50,670 | -€2,919 | -5.4% |
| Other amounts receivable | 41 | €53,589 | €50,670 | -€2,919 | -5.4% |
| Cash at bank and in hand | 54/58 | €78,014 | €116,458 | +€38,444 | +49.3% |
| Deferred charges and accrued income | 490/1 | €36,694 | €39,892 | +€3,198 | +8.7% |
| Total equity and liabilities | 10/49 | €296,179 | €339,512 | +€43,333 | +14.6% |
| Equity | 10/15 | €151,962 | €133,905 | -€18,057 | -11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €80,000 | +€80,000 | |
| Distributable reserves | 133 | - | €80,000 | +€80,000 | |
| Profit (loss) carried forward | 14 | €145,762 | €47,705 | -€98,057 | -67.3% |
| Amounts payable | 17/49 | €144,217 | €205,607 | +€61,390 | +42.6% |
| Amounts payable after more than one year | 17 | €38,873 | €31,078 | -€7,795 | -20.1% |
| Financial debts | 170/4 | €38,873 | €31,078 | -€7,795 | -20.1% |
| Amounts payable within one year | 42/48 | €101,370 | €165,526 | +€64,156 | +63.3% |
| Current portion of amounts payable after more than one year | 42 | €7,597 | €7,795 | +€198 | +2.6% |
| Financial debts | 43 | €16,580 | €16,667 | +€87 | +0.5% |
| Other loans | 439 | €16,580 | €16,667 | +€87 | +0.5% |
| Trade debts | 44 | €13,183 | €10,473 | -€2,710 | -20.6% |
| Suppliers | 440/4 | €13,183 | €10,473 | -€2,710 | -20.6% |
| Taxes, remuneration and social security | 45 | €29,010 | €45,591 | +€16,581 | +57.2% |
| Taxes | 450/3 | €21,318 | €39,227 | +€17,909 | +84.0% |
| Remuneration and social security | 454/9 | €7,692 | €6,364 | -€1,328 | -17.3% |
| Other amounts payable | 47/48 | €35,000 | €85,000 | +€50,000 | +143% |
| Accrued charges and deferred income | 492/3 | €3,974 | €9,003 | +€5,029 | +127% |
| Remuneration, social security and pensions | 62 | €23,369 | €21,230 | -€2,139 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,821 | €2,718 | +€897 | +49.3% |
| Other operating charges | 640/8 | €3,016 | €3,139 | +€123 | +4.1% |
| Gross operating margin | 9900 | €120,246 | €148,492 | +€28,246 | +23.5% |
| Operating profit (loss) | 9901 | €92,040 | €121,405 | +€29,365 | +31.9% |
| Financial income | 75/76B | €1,470 | €1,886 | +€416 | +28.3% |
| Recurring financial income | 75 | €1,470 | €1,886 | +€416 | +28.3% |
| Financial charges | 65/66B | €3,153 | €2,449 | -€704 | -22.3% |
| Recurring financial charges | 65 | €3,153 | €2,449 | -€704 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €90,357 | €120,842 | +€30,485 | +33.7% |
| Income taxes | 67/77 | €21,534 | €38,898 | +€17,364 | +80.6% |
| Profit (loss) for the period | 9904 | €68,823 | €81,944 | +€13,121 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,823 | €81,944 | +€13,121 | +19.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.