IMPROVE2CARE: 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.
IMPROVE2CARE
Largest movements
- Receivables within one year +€140,574
up €140,574 (+283%), from €49,753 to €190,326
of which Other amounts receivable: +€80,025
- Deferred charges and accrued income -€39,336
down €39,336 (-83.6%), from €47,072 to €7,737
- Intangible fixed assets +€8,371
new in 2025: €8,371
- Tangible fixed assets -€7,375
down €7,375 (-15.7%), from €46,845 to €39,470
of which Land and buildings: -€4,156
- Cash +€6,183
up €6,183 (+6.6%), from €93,690 to €99,873
mainly Net result for the year (+€188,617) and Other debts (+€66,700)
- Other debts +€66,700
up €66,700 (+78.5%), from €85,000 to €151,700
- Tax, wage and social debts +€32,219
up €32,219 (+75.6%), from €42,619 to €74,838
- Current portion of long-term debt +€7,192
up €7,192 (+28.8%), from €25,006 to €32,197
- Reserves +€3,617
up €3,617 (+7.6%), from €47,499 to €51,116
- Debts after one year -€3,484
down €3,484 (-21.0%), from €16,621 to €13,137
- Gross operating margin +€106,111
up €106,111 (+63.3%), from €167,726 to €273,837
- Taxes +€26,885
up €26,885 (+64.8%), from €41,519 to €68,405
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 | €237,360 | €345,777 | +€108,417 | +45.7% |
| Fixed assets | 21/28 | €46,845 | €47,841 | +€996 | +2.1% |
| Intangible fixed assets | 21 | - | €8,371 | +€8,371 | |
| Tangible fixed assets | 22/27 | €46,845 | €39,470 | -€7,375 | -15.7% |
| Land and buildings | 22 | €30,240 | €26,084 | -€4,156 | -13.7% |
| Plant, machinery and equipment | 23 | €3,340 | €4,749 | +€1,409 | +42.2% |
| Furniture and vehicles | 24 | €4,984 | €3,153 | -€1,831 | -36.7% |
| Other tangible fixed assets | 26 | €8,281 | €5,485 | -€2,797 | -33.8% |
| Current assets | 29/58 | €190,515 | €297,936 | +€107,421 | +56.4% |
| Amounts receivable within one year | 40/41 | €49,753 | €190,326 | +€140,574 | +283% |
| Trade receivables | 40 | €26,572 | €87,120 | +€60,548 | +228% |
| Other amounts receivable | 41 | €23,181 | €103,206 | +€80,025 | +345% |
| Cash at bank and in hand | 54/58 | €93,690 | €99,873 | +€6,183 | +6.6% |
| Deferred charges and accrued income | 490/1 | €47,072 | €7,737 | -€39,336 | -83.6% |
| Total equity and liabilities | 10/49 | €237,360 | €345,777 | +€108,417 | +45.7% |
| Equity | 10/15 | €66,099 | €69,716 | +€3,617 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,499 | €51,116 | +€3,617 | +7.6% |
| Distributable reserves | 133 | €47,499 | €51,116 | +€3,617 | +7.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €171,260 | €276,061 | +€104,800 | +61.2% |
| Amounts payable after more than one year | 17 | €16,621 | €13,137 | -€3,484 | -21.0% |
| Financial debts | 170/4 | €16,621 | €13,137 | -€3,484 | -21.0% |
| Amounts payable within one year | 42/48 | €154,639 | €262,923 | +€108,284 | +70.0% |
| Current portion of amounts payable after more than one year | 42 | €25,006 | €32,197 | +€7,192 | +28.8% |
| Trade debts | 44 | €2,014 | €4,188 | +€2,174 | +108% |
| Suppliers | 440/4 | €2,014 | €4,188 | +€2,174 | +108% |
| Taxes, remuneration and social security | 45 | €42,619 | €74,838 | +€32,219 | +75.6% |
| Taxes | 450/3 | €42,619 | €74,838 | +€32,219 | +75.6% |
| Other amounts payable | 47/48 | €85,000 | €151,700 | +€66,700 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,808 | €11,587 | -€1,222 | -9.5% |
| Other operating charges | 640/8 | €2,152 | €1,836 | -€316 | -14.7% |
| Gross operating margin | 9900 | €167,726 | €273,837 | +€106,111 | +63.3% |
| Operating profit (loss) | 9901 | €152,765 | €260,414 | +€107,649 | +70.5% |
| Financial income | 75/76B | €351 | €1,133 | +€782 | +223% |
| Recurring financial income | 75 | €351 | €1,133 | +€782 | +223% |
| Financial charges | 65/66B | €4,301 | €4,526 | +€225 | +5.2% |
| Recurring financial charges | 65 | €4,301 | €4,526 | +€225 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €148,815 | €257,021 | +€108,206 | +72.7% |
| Income taxes | 67/77 | €41,519 | €68,405 | +€26,885 | +64.8% |
| Profit (loss) for the period | 9904 | €107,296 | €188,617 | +€81,321 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €107,296 | €188,617 | +€81,321 | +75.8% |
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 13 October 2026 via checked.be.