MVDW CARE: 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.
MVDW CARE
Largest movements
- Current investments +€38,288
new in 2025: €38,288
- Receivables within one year -€37,853
down €37,853 (-55.2%), from €68,619 to €30,766
of which Other amounts receivable: -€36,453
- Deferred charges and accrued income +€3,092
new in 2025: €3,092
- Cash +€1,581
up €1,581 (+3.3%), from €48,551 to €50,132
mainly Receivables within one year (+€37,853) and Net result for the year (+€2,471)
- Profit (loss) carried forward +€30,112
no longer reported in 2025 (was -€30,112)
- Reserves -€27,641
down €27,641 (-20.4%), from €135,406 to €107,765
of which Non-distributable reserves: -€25,355
- Accrued charges and deferred income +€1,634
new in 2025: €1,634
- Gross operating margin -€7,132
down €7,132 (-82.3%), from €8,665 to €1,533
- Financial income +€2,837
up €2,837 (+1,139%), from €249 to €3,086
- Taxes +€510
up €510 (+127%), from €400 to €910
- Other operating charges -€358
down €358 (-38.8%), from €924 to €566
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 | €117,694 | €122,383 | +€4,689 | +4.0% |
| Fixed assets | 21/28 | €524 | €105 | -€419 | -80.0% |
| Tangible fixed assets | 22/27 | €524 | €105 | -€419 | -80.0% |
| Plant, machinery and equipment | 23 | €524 | €105 | -€419 | -80.0% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €117,170 | €122,279 | +€5,109 | +4.4% |
| Amounts receivable within one year | 40/41 | €68,619 | €30,766 | -€37,853 | -55.2% |
| Trade receivables | 40 | €1,400 | - | -€1,400 | |
| Other amounts receivable | 41 | €67,219 | €30,766 | -€36,453 | -54.2% |
| Current investments | 50/53 | - | €38,288 | +€38,288 | |
| Cash at bank and in hand | 54/58 | €48,551 | €50,132 | +€1,581 | +3.3% |
| Deferred charges and accrued income | 490/1 | - | €3,092 | +€3,092 | |
| Total equity and liabilities | 10/49 | €117,694 | €122,383 | +€4,689 | +4.0% |
| Equity | 10/15 | €117,694 | €120,165 | +€2,471 | +2.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €135,406 | €107,765 | -€27,641 | -20.4% |
| Non-distributable reserves | 130/1 | €25,355 | - | -€25,355 | |
| Other | 1319 | €25,355 | - | -€25,355 | |
| Distributable reserves | 133 | €110,051 | €107,765 | -€2,286 | -2.1% |
| Profit (loss) carried forward | 14 | -€30,112 | - | +€30,112 | |
| Amounts payable | 17/49 | - | €2,219 | +€2,219 | |
| Amounts payable within one year | 42/48 | - | €585 | +€585 | |
| Trade debts | 44 | - | €133 | +€133 | |
| Suppliers | 440/4 | - | €133 | +€133 | |
| Taxes, remuneration and social security | 45 | - | €452 | +€452 | |
| Taxes | 450/3 | - | €452 | +€452 | |
| Accrued charges and deferred income | 492/3 | - | €1,634 | +€1,634 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €419 | €419 | = | 0.0% |
| Other operating charges | 640/8 | €924 | €566 | -€358 | -38.8% |
| Gross operating margin | 9900 | €8,665 | €1,533 | -€7,132 | -82.3% |
| Operating profit (loss) | 9901 | €7,322 | €548 | -€6,774 | -92.5% |
| Financial income | 75/76B | €249 | €3,086 | +€2,837 | +1,139% |
| Recurring financial income | 75 | €249 | €3,086 | +€2,837 | +1,139% |
| Financial charges | 65/66B | €257 | €253 | -€4 | -1.5% |
| Recurring financial charges | 65 | €257 | €253 | -€4 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €7,314 | €3,381 | -€3,933 | -53.8% |
| Income taxes | 67/77 | €400 | €910 | +€510 | +127% |
| Profit (loss) for the period | 9904 | €6,914 | €2,471 | -€4,443 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,914 | €2,471 | -€4,443 | -64.3% |
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 29 October 2026 via checked.be.