NELLCARE: 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.
NELLCARE
Largest movements
- Cash +€14,266
up €14,266 (+62.8%), from €22,708 to €36,974
mainly Net result for the year (+€9,990) and Depreciation (+€7,324)
- Tangible fixed assets -€7,324
down €7,324 (-22.9%), from €32,017 to €24,693
- Deferred charges and accrued income -€5,732
down €5,732 (-58.5%), from €9,794 to €4,062
- Receivables within one year +€4,778
up €4,778 (+31.2%), from €15,294 to €20,072
of which Other amounts receivable: +€4,628
- Reserves +€9,990
up €9,990 (+22.6%), from €44,145 to €54,135
- Debts after one year -€4,608
down €4,608 (-17.4%), from €26,529 to €21,920
- Tax, wage and social debts +€1,728
new in 2025: €1,728
- Trade debts -€1,382
down €1,382 (-77.1%), from €1,792 to €410
- Gross operating margin -€15,726
down €15,726 (-38.3%), from €41,106 to €25,380
- Depreciation +€2,721
up €2,721 (+59.1%), from €4,602 to €7,324
- Taxes +€1,359
up €1,359 (+34.3%), from €3,960 to €5,319
- Financial charges +€797
up €797 (+76.5%), from €1,041 to €1,837
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 | €79,813 | €85,801 | +€5,988 | +7.5% |
| Fixed assets | 21/28 | €32,017 | €24,693 | -€7,324 | -22.9% |
| Tangible fixed assets | 22/27 | €32,017 | €24,693 | -€7,324 | -22.9% |
| Furniture and vehicles | 24 | €32,017 | €24,693 | -€7,324 | -22.9% |
| Current assets | 29/58 | €47,796 | €61,108 | +€13,312 | +27.9% |
| Amounts receivable within one year | 40/41 | €15,294 | €20,072 | +€4,778 | +31.2% |
| Trade receivables | 40 | - | €150 | +€150 | |
| Other amounts receivable | 41 | €15,294 | €19,922 | +€4,628 | +30.3% |
| Cash at bank and in hand | 54/58 | €22,708 | €36,974 | +€14,266 | +62.8% |
| Deferred charges and accrued income | 490/1 | €9,794 | €4,062 | -€5,732 | -58.5% |
| Total equity and liabilities | 10/49 | €79,813 | €85,801 | +€5,988 | +7.5% |
| Equity | 10/15 | €47,145 | €57,135 | +€9,990 | +21.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €44,145 | €54,135 | +€9,990 | +22.6% |
| Distributable reserves | 133 | €44,145 | €54,135 | +€9,990 | +22.6% |
| Amounts payable | 17/49 | €32,668 | €28,666 | -€4,002 | -12.2% |
| Amounts payable after more than one year | 17 | €26,529 | €21,920 | -€4,608 | -17.4% |
| Financial debts | 170/4 | €26,529 | €21,920 | -€4,608 | -17.4% |
| Amounts payable within one year | 42/48 | €6,140 | €6,746 | +€607 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €4,348 | €4,608 | +€260 | +6.0% |
| Trade debts | 44 | €1,792 | €410 | -€1,382 | -77.1% |
| Suppliers | 440/4 | €1,792 | €410 | -€1,382 | -77.1% |
| Taxes, remuneration and social security | 45 | - | €1,728 | +€1,728 | |
| Remuneration and social security | 454/9 | - | €1,728 | +€1,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,602 | €7,324 | +€2,721 | +59.1% |
| Other operating charges | 640/8 | €1,030 | €913 | -€116 | -11.3% |
| Gross operating margin | 9900 | €41,106 | €25,380 | -€15,726 | -38.3% |
| Operating profit (loss) | 9901 | €35,474 | €17,143 | -€18,331 | -51.7% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,041 | €1,837 | +€797 | +76.5% |
| Recurring financial charges | 65 | €1,041 | €1,837 | +€797 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €34,433 | €15,309 | -€19,125 | -55.5% |
| Income taxes | 67/77 | €3,960 | €5,319 | +€1,359 | +34.3% |
| Profit (loss) for the period | 9904 | €30,473 | €9,990 | -€20,483 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,473 | €9,990 | -€20,483 | -67.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.