NLA MCare: what changed
NLA MCare
Largest movements
- Receivables within one year -€83,794
down €83,794 (-67.0%), from €125,045 to €41,251
of which Other amounts receivable: -€100,850
- Cash +€41,220
up €41,220 (+18.8%), from €219,168 to €260,388
mainly Net result for the year (+€138,319) and Receivables within one year (+€83,794)
- Tangible fixed assets -€27,395
down €27,395 (-27.4%), from €100,063 to €72,668
of which Furniture and vehicles: -€26,985
- Accrued charges and deferred income -€95,380
down €95,380 (-100%), from €95,380 to €0
- Tax, wage and social debts +€32,214
up €32,214 (+2,520%), from €1,278 to €33,492
of which Taxes: +€31,207
- Reserves +€18,319
up €18,319 (+7.9%), from €232,987 to €251,306
- Debts after one year -€17,999
down €17,999 (-29.3%), from €61,343 to €43,343
- Current portion of long-term debt -€6,110
down €6,110 (-25.3%), from €24,110 to €17,999
- Gross operating margin +€63,744
up €63,744 (+42.3%), from €150,597 to €214,341
- Taxes +€19,002
up €19,002 (+78.0%), from €24,350 to €43,353
- Staff costs -€6,558
down €6,558 (-97.1%), from €6,753 to €194
- Depreciation +€2,457
up €2,457 (+9.9%), from €24,938 to €27,395
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,277 | €376,831 | -€67,446 | -15.2% |
| Fixed assets | 21/28 | €100,063 | €72,668 | -€27,395 | -27.4% |
| Tangible fixed assets | 22/27 | €100,063 | €72,668 | -€27,395 | -27.4% |
| Plant, machinery and equipment | 23 | €652 | €242 | -€410 | -62.9% |
| Furniture and vehicles | 24 | €99,411 | €72,426 | -€26,985 | -27.1% |
| Current assets | 29/58 | €344,213 | €304,162 | -€40,051 | -11.6% |
| Amounts receivable within one year | 40/41 | €125,045 | €41,251 | -€83,794 | -67.0% |
| Trade receivables | 40 | €17,781 | €34,837 | +€17,056 | +95.9% |
| Other amounts receivable | 41 | €107,264 | €6,414 | -€100,850 | -94.0% |
| Cash at bank and in hand | 54/58 | €219,168 | €260,388 | +€41,220 | +18.8% |
| Deferred charges and accrued income | 490/1 | €0 | €2,523 | +€2,523 | |
| Total equity and liabilities | 10/49 | €444,277 | €376,831 | -€67,446 | -15.2% |
| Equity | 10/15 | €257,987 | €276,306 | +€18,319 | +7.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €232,987 | €251,306 | +€18,319 | +7.9% |
| Distributable reserves | 133 | €232,987 | €251,306 | +€18,319 | +7.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €186,290 | €100,525 | -€85,765 | -46.0% |
| Amounts payable after more than one year | 17 | €61,343 | €43,343 | -€17,999 | -29.3% |
| Financial debts | 170/4 | €61,343 | €43,343 | -€17,999 | -29.3% |
| Amounts payable within one year | 42/48 | €29,567 | €57,182 | +€27,614 | +93.4% |
| Current portion of amounts payable after more than one year | 42 | €24,110 | €17,999 | -€6,110 | -25.3% |
| Trade debts | 44 | €4,180 | €5,690 | +€1,510 | +36.1% |
| Suppliers | 440/4 | €4,180 | €5,690 | +€1,510 | +36.1% |
| Taxes, remuneration and social security | 45 | €1,278 | €33,492 | +€32,214 | +2,520% |
| Taxes | 450/3 | €0 | €31,207 | +€31,207 | |
| Remuneration and social security | 454/9 | €1,278 | €2,285 | +€1,007 | +78.8% |
| Accrued charges and deferred income | 492/3 | €95,380 | €0 | -€95,380 | -100% |
| Remuneration, social security and pensions | 62 | €6,753 | €194 | -€6,558 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,938 | €27,395 | +€2,457 | +9.9% |
| Other operating charges | 640/8 | €2,845 | €1,873 | -€972 | -34.2% |
| Gross operating margin | 9900 | €150,597 | €214,341 | +€63,744 | +42.3% |
| Operating profit (loss) | 9901 | €116,062 | €184,879 | +€68,817 | +59.3% |
| Financial income | 75/76B | €140 | €280 | +€141 | +101% |
| Recurring financial income | 75 | €140 | €280 | +€141 | +101% |
| Financial charges | 65/66B | €3,386 | €3,487 | +€102 | +3.0% |
| Recurring financial charges | 65 | €3,386 | €3,487 | +€102 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €112,816 | €181,671 | +€68,856 | +61.0% |
| Income taxes | 67/77 | €24,350 | €43,353 | +€19,002 | +78.0% |
| Profit (loss) for the period | 9904 | €88,465 | €138,319 | +€49,854 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,465 | €138,319 | +€49,854 | +56.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.