PUBLI-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.
PUBLI-CARE
Largest movements
- Receivables within one year +€8,480
up €8,480 (+1,168%), from €726 to €9,206
of which Trade receivables: +€8,450
- Cash +€7,337
up €7,337 (+55.9%), from €13,137 to €20,474
mainly Net result for the year (+€7,778) and Receivables after one year (+€4,484)
- Receivables after one year -€4,484
down €4,484 (-61.9%), from €7,241 to €2,757
- Reserves +€7,778
up €7,778 (+74.2%), from €10,484 to €18,262
- Trade debts +€2,905
up €2,905 (+76.8%), from €3,781 to €6,686
- Tax, wage and social debts +€733
up €733 (+31.5%), from €2,330 to €3,063
- Depreciation -€13,054
down €13,054 (-92.6%), from €14,102 to €1,048
- Gross operating margin +€9,632
up €9,632 (+90,105%), from €11 to €9,643
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 | €22,795 | €34,210 | +€11,415 | +50.1% |
| Fixed assets | 21/28 | €1,691 | €1,773 | +€82 | +4.9% |
| Tangible fixed assets | 22/27 | €1,691 | €1,773 | +€82 | +4.9% |
| Plant, machinery and equipment | 23 | €490 | €1,099 | +€609 | +124% |
| Furniture and vehicles | 24 | €1,201 | €674 | -€527 | -43.9% |
| Current assets | 29/58 | €21,104 | €32,437 | +€11,333 | +53.7% |
| Amounts receivable after more than one year | 29 | €7,241 | €2,757 | -€4,484 | -61.9% |
| Other amounts receivable | 291 | €7,241 | €2,757 | -€4,484 | -61.9% |
| Amounts receivable within one year | 40/41 | €726 | €9,206 | +€8,480 | +1,168% |
| Trade receivables | 40 | €726 | €9,176 | +€8,450 | +1,164% |
| Other amounts receivable | 41 | - | €30 | +€30 | |
| Cash at bank and in hand | 54/58 | €13,137 | €20,474 | +€7,337 | +55.9% |
| Total equity and liabilities | 10/49 | €22,795 | €34,210 | +€11,415 | +50.1% |
| Equity | 10/15 | €16,684 | €24,462 | +€7,778 | +46.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,484 | €18,262 | +€7,778 | +74.2% |
| Distributable reserves | 133 | €10,484 | €18,262 | +€7,778 | +74.2% |
| Amounts payable | 17/49 | €6,111 | €9,748 | +€3,638 | +59.5% |
| Amounts payable within one year | 42/48 | €6,111 | €9,748 | +€3,638 | +59.5% |
| Trade debts | 44 | €3,781 | €6,686 | +€2,905 | +76.8% |
| Suppliers | 440/4 | €3,781 | €6,686 | +€2,905 | +76.8% |
| Taxes, remuneration and social security | 45 | €2,330 | €3,063 | +€733 | +31.5% |
| Taxes | 450/3 | €2,330 | €3,063 | +€733 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,102 | €1,048 | -€13,054 | -92.6% |
| Other operating charges | 640/8 | €222 | €144 | -€77 | -35.0% |
| Gross operating margin | 9900 | €11 | €9,643 | +€9,632 | +90,105% |
| Operating profit (loss) | 9901 | -€14,313 | €8,451 | +€22,764 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €148 | €94 | -€53 | -36.0% |
| Recurring financial charges | 65 | €148 | €94 | -€53 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,460 | €8,379 | +€22,839 | |
| Income taxes | 67/77 | €508 | €602 | +€93 | +18.3% |
| Profit (loss) for the period | 9904 | -€14,969 | €7,778 | +€22,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,969 | €7,778 | +€22,746 |
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 30 October 2026 via checked.be.