NAD-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.
NAD-CARE
Largest movements
- Receivables within one year +€26,273
up €26,273 (+154%), from €17,072 to €43,344
of which Other amounts receivable: +€17,273
- Cash -€3,850
down €3,850 (-58.6%), from €6,575 to €2,725
mainly Receivables within one year (-€26,273) and Trade debts (-€7,947)
- Tangible fixed assets -€2,244
down €2,244 (-28.3%), from €7,935 to €5,692
of which Leasing and similar rights: -€2,000
- Profit (loss) carried forward +€24,011
up €24,011 (+287%), from €8,353 to €32,363
- Trade debts -€7,947
down €7,947 (-58.0%), from €13,710 to €5,763
- Tax, wage and social debts +€4,115
up €4,115 (+58.6%), from €7,019 to €11,134
- Gross operating margin +€35,773
up €35,773 (+849%), from €4,214 to €39,987
- Taxes +€9,193
up €9,193 (+2,482%), from €370 to €9,564
- Other operating charges -€484
down €484 (-41.6%), from €1,164 to €680
- Financial income +€425
up €425 (+43.8%), from €969 to €1,393
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 | €31,582 | €51,761 | +€20,179 | +63.9% |
| Fixed assets | 21/28 | €7,935 | €5,692 | -€2,244 | -28.3% |
| Tangible fixed assets | 22/27 | €7,935 | €5,692 | -€2,244 | -28.3% |
| Furniture and vehicles | 24 | €319 | €75 | -€244 | -76.4% |
| Leasing and similar rights | 25 | €7,616 | €5,616 | -€2,000 | -26.3% |
| Current assets | 29/58 | €23,647 | €46,069 | +€22,423 | +94.8% |
| Amounts receivable within one year | 40/41 | €17,072 | €43,344 | +€26,273 | +154% |
| Trade receivables | 40 | - | €9,000 | +€9,000 | |
| Other amounts receivable | 41 | €17,072 | €34,344 | +€17,273 | +101% |
| Cash at bank and in hand | 54/58 | €6,575 | €2,725 | -€3,850 | -58.6% |
| Total equity and liabilities | 10/49 | €31,582 | €51,761 | +€20,179 | +63.9% |
| Equity | 10/15 | €10,853 | €34,863 | +€24,011 | +221% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,353 | €32,363 | +€24,011 | +287% |
| Amounts payable | 17/49 | €20,730 | €16,898 | -€3,832 | -18.5% |
| Amounts payable within one year | 42/48 | €20,730 | €16,898 | -€3,832 | -18.5% |
| Trade debts | 44 | €13,710 | €5,763 | -€7,947 | -58.0% |
| Suppliers | 440/4 | €13,710 | €5,763 | -€7,947 | -58.0% |
| Taxes, remuneration and social security | 45 | €7,019 | €11,134 | +€4,115 | +58.6% |
| Taxes | 450/3 | €7,019 | €11,134 | +€4,115 | +58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,352 | €2,244 | -€108 | -4.6% |
| Other operating charges | 640/8 | €1,164 | €680 | -€484 | -41.6% |
| Non-recurring operating charges | 66A | €121 | €1,127 | +€1,006 | +830% |
| Gross operating margin | 9900 | €4,214 | €39,987 | +€35,773 | +849% |
| Operating profit (loss) | 9901 | €577 | €35,937 | +€35,360 | +6,129% |
| Financial income | 75/76B | €969 | €1,393 | +€425 | +43.8% |
| Recurring financial income | 75 | €969 | €1,393 | +€425 | +43.8% |
| Financial charges | 65/66B | €3,949 | €3,755 | -€194 | -4.9% |
| Recurring financial charges | 65 | €3,949 | €3,755 | -€194 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,404 | €33,575 | +€35,978 | |
| Income taxes | 67/77 | €370 | €9,564 | +€9,193 | +2,482% |
| Profit (loss) for the period | 9904 | -€2,774 | €24,011 | +€26,785 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,774 | €24,011 | +€26,785 |
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 18 October 2026 via checked.be.