I-CARE IMMO & 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.
I-CARE IMMO & SERVICES
Largest movements
- Receivables within one year +€56,450
up €56,450 (+163%), from €34,720 to €91,170
of which Trade receivables: +€40,256
- Tangible fixed assets +€30,831
up €30,831 (+1.6%), from €1.9m to €2.0m
of which Land and buildings: +€28,794
- Intangible fixed assets +€20,963
new in 2025: €20,963
- Other debts +€62,121
up €62,121 (+263%), from €23,609 to €85,730
- Reserves +€47,374
up €47,374 (+29.8%), from €159,115 to €206,489
- Tax, wage and social debts -€29,076
down €29,076 (-53.2%), from €54,636 to €25,560
of which Taxes: -€26,460
- Gross operating margin +€32,916
up €32,916 (+14.6%), from €224,740 to €257,656
- Depreciation +€15,653
up €15,653 (+13.8%), from €113,039 to €128,692
- Staff costs +€8,154
up €8,154 (+30.5%), from €26,693 to €34,847
- Financial charges +€5,195
up €5,195 (+19.7%), from €26,423 to €31,618
- Taxes +€3,757
up €3,757 (+41.9%), from €8,977 to €12,734
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 | €1,986,374 | €2,081,189 | +€94,815 | +4.8% |
| Fixed assets | 21/28 | €1,929,534 | €1,981,328 | +€51,794 | +2.7% |
| Intangible fixed assets | 21 | - | €20,963 | +€20,963 | |
| Tangible fixed assets | 22/27 | €1,929,534 | €1,960,364 | +€30,831 | +1.6% |
| Land and buildings | 22 | €1,825,315 | €1,854,109 | +€28,794 | +1.6% |
| Plant, machinery and equipment | 23 | €25,214 | €27,854 | +€2,640 | +10.5% |
| Furniture and vehicles | 24 | €54,639 | €57,824 | +€3,184 | +5.8% |
| Other tangible fixed assets | 26 | €24,366 | €20,577 | -€3,788 | -15.5% |
| Current assets | 29/58 | €56,841 | €99,861 | +€43,021 | +75.7% |
| Amounts receivable within one year | 40/41 | €34,720 | €91,170 | +€56,450 | +163% |
| Trade receivables | 40 | €0 | €40,256 | +€40,256 | |
| Other amounts receivable | 41 | €34,720 | €50,914 | +€16,195 | +46.6% |
| Cash at bank and in hand | 54/58 | €17,491 | €4,040 | -€13,451 | -76.9% |
| Deferred charges and accrued income | 490/1 | €4,630 | €4,652 | +€22 | +0.5% |
| Total equity and liabilities | 10/49 | €1,986,374 | €2,081,189 | +€94,815 | +4.8% |
| Equity | 10/15 | €309,115 | €356,489 | +€47,374 | +15.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €159,115 | €206,489 | +€47,374 | +29.8% |
| Distributable reserves | 133 | €159,115 | €206,489 | +€47,374 | +29.8% |
| Amounts payable | 17/49 | €1,677,260 | €1,724,700 | +€47,441 | +2.8% |
| Amounts payable after more than one year | 17 | €1,402,085 | €1,404,316 | +€2,231 | +0.2% |
| Financial debts | 170/4 | €1,402,085 | €1,404,316 | +€2,231 | +0.2% |
| Amounts payable within one year | 42/48 | €275,175 | €320,385 | +€45,210 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €145,824 | €149,107 | +€3,283 | +2.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €51,106 | €59,987 | +€8,881 | +17.4% |
| Suppliers | 440/4 | €51,106 | €59,987 | +€8,881 | +17.4% |
| Taxes, remuneration and social security | 45 | €54,636 | €25,560 | -€29,076 | -53.2% |
| Taxes | 450/3 | €52,019 | €25,560 | -€26,460 | -50.9% |
| Remuneration and social security | 454/9 | €2,616 | €0 | -€2,616 | -100% |
| Other amounts payable | 47/48 | €23,609 | €85,730 | +€62,121 | +263% |
| Non-recurring operating income | 76A | €9,985 | €0 | -€9,985 | -100% |
| Remuneration, social security and pensions | 62 | €26,693 | €34,847 | +€8,154 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,039 | €128,692 | +€15,653 | +13.8% |
| Other operating charges | 640/8 | €7,390 | €3,928 | -€3,461 | -46.8% |
| Gross operating margin | 9900 | €224,740 | €257,656 | +€32,916 | +14.6% |
| Operating profit (loss) | 9901 | €77,619 | €90,189 | +€12,570 | +16.2% |
| Financial income | 75/76B | €1,405 | €1,537 | +€132 | +9.4% |
| Recurring financial income | 75 | €1,405 | €1,537 | +€132 | +9.4% |
| Financial charges | 65/66B | €26,423 | €31,618 | +€5,195 | +19.7% |
| Recurring financial charges | 65 | €26,423 | €31,618 | +€5,195 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €52,601 | €60,108 | +€7,507 | +14.3% |
| Income taxes | 67/77 | €8,977 | €12,734 | +€3,757 | +41.9% |
| Profit (loss) for the period | 9904 | €43,624 | €47,374 | +€3,750 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,624 | €47,374 | +€3,750 | +8.6% |
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 26 October 2026 via checked.be.