PROPERTYCAREPLUS: 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.
PROPERTYCAREPLUS
Largest movements
- Tangible fixed assets -€345,682
down €345,682 (-48.3%), from €715,063 to €369,381
of which Leasing and similar rights: -€269,993
- Cash +€226,252
up €226,252 (+217.1%), from €104,223 to €330,475
mainly Depreciation (+€316,257) and Stocks and contracts (+€85,499)
- Stocks and contracts -€85,499
down €85,499 (-3.0%), from €2.8m to €2.8m
- Receivables within one year -€85,391
down €85,391 (-32.0%), from €266,511 to €181,120
of which Trade receivables: -€144,995
- Debts after one year -€319,870
down €319,870 (-9.7%), from €3.3m to €3.0m
of which Financial debts: -€256,010
- Gross operating margin -€939,107
down €939,107 (-60.7%), from €1.5m to €608,071
- Depreciation -€528,640
down €528,640 (-62.6%), from €844,897 to €316,257
- Staff costs -€207,551
down €207,551 (-57.4%), from €361,274 to €153,723
- Financial charges -€122,703
down €122,703 (-50.5%), from €242,874 to €120,171
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 | €3,985,535 | €3,654,893 | -€330,642 | -8.3% |
| Fixed assets | 21/28 | €734,364 | €377,173 | -€357,191 | -48.6% |
| Intangible fixed assets | 21 | €19,301 | €7,792 | -€11,509 | -59.6% |
| Tangible fixed assets | 22/27 | €715,063 | €369,381 | -€345,682 | -48.3% |
| Land and buildings | 22 | €63,337 | €56,577 | -€6,760 | -10.7% |
| Plant, machinery and equipment | 23 | €90,693 | €35,729 | -€54,964 | -60.6% |
| Furniture and vehicles | 24 | €20,804 | €7,525 | -€13,279 | -63.8% |
| Leasing and similar rights | 25 | €539,543 | €269,550 | -€269,993 | -50.0% |
| Other tangible fixed assets | 26 | €686 | €0 | -€686 | -100.0% |
| Current assets | 29/58 | €3,251,171 | €3,277,721 | +€26,550 | +0.8% |
| Stocks and contracts in progress | 3 | €2,849,967 | €2,764,468 | -€85,499 | -3.0% |
| Stocks | 30/36 | €2,849,967 | €2,764,468 | -€85,499 | -3.0% |
| Amounts receivable within one year | 40/41 | €266,511 | €181,120 | -€85,391 | -32.0% |
| Trade receivables | 40 | €216,641 | €71,647 | -€144,995 | -66.9% |
| Other amounts receivable | 41 | €49,870 | €109,473 | +€59,603 | +119.5% |
| Cash at bank and in hand | 54/58 | €104,223 | €330,475 | +€226,252 | +217.1% |
| Deferred charges and accrued income | 490/1 | €30,471 | €1,659 | -€28,812 | -94.6% |
| Total equity and liabilities | 10/49 | €3,985,535 | €3,654,893 | -€330,642 | -8.3% |
| Equity | 10/15 | €289,148 | €294,321 | +€5,173 | +1.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €270,556 | €275,729 | +€5,173 | +1.9% |
| Distributable reserves | 133 | €270,556 | €275,729 | +€5,173 | +1.9% |
| Amounts payable | 17/49 | €3,696,387 | €3,360,572 | -€335,815 | -9.1% |
| Amounts payable after more than one year | 17 | €3,299,563 | €2,979,693 | -€319,870 | -9.7% |
| Financial debts | 170/4 | €911,672 | €655,661 | -€256,010 | -28.1% |
| Other amounts payable | 178/9 | €2,387,891 | €2,324,032 | -€63,860 | -2.7% |
| Amounts payable within one year | 42/48 | €393,301 | €380,880 | -€12,422 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €286,671 | €291,792 | +€5,121 | +1.8% |
| Trade debts | 44 | €102,749 | €67,095 | -€35,654 | -34.7% |
| Suppliers | 440/4 | €102,749 | €67,095 | -€35,654 | -34.7% |
| Advances received on contracts in progress | 46 | - | €4,816 | +€4,816 | |
| Taxes, remuneration and social security | 45 | €3,881 | €15,905 | +€12,024 | +309.8% |
| Taxes | 450/3 | €621 | €5,017 | +€4,396 | +708.4% |
| Remuneration and social security | 454/9 | €3,260 | €10,888 | +€7,627 | +233.9% |
| Other amounts payable | 47/48 | - | €1,273 | +€1,273 | |
| Accrued charges and deferred income | 492/3 | €3,523 | €0 | -€3,523 | -100.0% |
| Non-recurring operating income | 76A | €37,252 | €334,168 | +€296,916 | +797.1% |
| Remuneration, social security and pensions | 62 | €361,274 | €153,723 | -€207,551 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844,897 | €316,257 | -€528,640 | -62.6% |
| Other operating charges | 640/8 | €23,100 | €10,293 | -€12,807 | -55.4% |
| Non-recurring operating charges | 66A | €43,353 | €2,490 | -€40,862 | -94.3% |
| Gross operating margin | 9900 | €1,547,178 | €608,071 | -€939,107 | -60.7% |
| Operating profit (loss) | 9901 | €274,554 | €125,308 | -€149,246 | -54.4% |
| Financial income | 75/76B | €999 | €38 | -€961 | -96.2% |
| Recurring financial income | 75 | €999 | €38 | -€961 | -96.2% |
| Financial charges | 65/66B | €242,874 | €120,171 | -€122,703 | -50.5% |
| Recurring financial charges | 65 | €242,874 | €120,171 | -€122,703 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €32,678 | €5,175 | -€27,503 | -84.2% |
| Income taxes | 67/77 | €127 | €2 | -€125 | -98.4% |
| Profit (loss) for the period | 9904 | €32,551 | €5,173 | -€27,378 | -84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,551 | €5,173 | -€27,378 | -84.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.