MASTER-CARE: what changed
Two fiscal 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.
MASTER-CARE
Largest movements
- Cash +€6,157
up €6,157 (+204.0%), from €3,018 to €9,175
mainly Net result for the year (+€9,034) and Depreciation (+€4,619)
- Receivables within one year +€4,854
up €4,854 (+9334.6%), from €52 to €4,906
- Tangible fixed assets -€2,412
down €2,412 (-15.4%), from €15,705 to €13,293
- Reserves +€9,034
up €9,034 (+76.2%), from €11,850 to €20,884
- Tax, wage and social debts -€435
down €435 (-8.8%), from €4,925 to €4,490
- Gross operating margin -€3,894
down €3,894 (-16.7%), from €23,282 to €19,388
- Depreciation -€1,626
down €1,626 (-26.0%), from €6,245 to €4,619
- Taxes +€750
up €750 (+17.7%), from €4,235 to €4,985
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.
Cash bridge derived
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 | €18,775 | €27,374 | +€8,599 | +45.8% |
| Fixed assets | 21/28 | €15,705 | €13,293 | -€2,412 | -15.4% |
| Tangible fixed assets | 22/27 | €15,705 | €13,293 | -€2,412 | -15.4% |
| Furniture and vehicles | 24 | €15,705 | €13,293 | -€2,412 | -15.4% |
| Current assets | 29/58 | €3,070 | €14,081 | +€11,011 | +358.7% |
| Amounts receivable within one year | 40/41 | €52 | €4,906 | +€4,854 | +9334.6% |
| Other amounts receivable | 41 | €52 | €4,906 | +€4,854 | +9334.6% |
| Cash at bank and in hand | 54/58 | €3,018 | €9,175 | +€6,157 | +204.0% |
| Total equity and liabilities | 10/49 | €18,775 | €27,374 | +€8,599 | +45.8% |
| Equity | 10/15 | €13,850 | €22,884 | +€9,034 | +65.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,850 | €20,884 | +€9,034 | +76.2% |
| Distributable reserves | 133 | €11,850 | €20,884 | +€9,034 | +76.2% |
| Amounts payable | 17/49 | €4,925 | €4,490 | -€435 | -8.8% |
| Amounts payable within one year | 42/48 | €4,925 | €4,490 | -€435 | -8.8% |
| Taxes, remuneration and social security | 45 | €4,925 | €4,490 | -€435 | -8.8% |
| Taxes | 450/3 | €4,925 | €4,490 | -€435 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,245 | €4,619 | -€1,626 | -26.0% |
| Other operating charges | 640/8 | €909 | €827 | -€82 | -9.0% |
| Gross operating margin | 9900 | €23,282 | €19,388 | -€3,894 | -16.7% |
| Operating profit (loss) | 9901 | €16,128 | €13,942 | -€2,186 | -13.6% |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €43 | €73 | +€30 | +69.8% |
| Recurring financial charges | 65 | €43 | €73 | +€30 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €16,085 | €14,019 | -€2,066 | -12.8% |
| Income taxes | 67/77 | €4,235 | €4,985 | +€750 | +17.7% |
| Profit (loss) for the period | 9904 | €11,850 | €9,034 | -€2,816 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,850 | €9,034 | -€2,816 | -23.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.