So CARE IMMO: what changed
What changed
So CARE IMMO
NACE 55.203, Holiday cottages, homes and apartments
filed annual accounts (NBB)
Net result for the year
€461,681
2024 · -€197,087+€658,768
Equity
€2.2m
2024 · €1.7m+€461,681
Cash
€113,211
2024 · €122,792-€9,580
Balance sheet total
€6.4m
2024 · €5.9m+€517,874
Largest movements
Assets
- Financial fixed assets +€616,007
up €616,007 (+21.4%), from €2.9m to €3.5m
- Tangible fixed assets -€118,582
down €118,582 (-4.5%), from €2.6m to €2.5m
of which Land and buildings: -€99,806
Equity and liabilities
- Profit (loss) carried forward +€461,681
up €461,681 (+46.6%), from €991,350 to €1.5m
- Debts after one year -€113,176
down €113,176 (-3.2%), from €3.6m to €3.5m
- Current portion of long-term debt +€75,915
up €75,915 (+19.2%), from €394,785 to €470,701
Income statement
- Financial charges -€724,861
down €724,861 (-84.7%), from €855,457 to €130,596
of which Non-recurring financial charges: -€686,500
- Taxes +€138,010
new in 2025: €138,010
- Gross operating margin +€97,501
up €97,501 (+13.2%), from €739,065 to €836,565
- Financial income -€29,018
down €29,018 (-47.8%), from €60,698 to €31,680
- Depreciation -€10,122
down €10,122 (-7.8%), from €129,204 to €119,082
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.
Result 2024
-€197,087
Gross operating margin
+€97,501
Depreciation
+€10,122
Other operating charges
-€2,909
Other operating items
-€3,779
Financial income
-€29,018
Financial charges
+€724,861
Taxes
-€138,010
Result 2025
€461,681
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€643,688
Investment
-€616,007
Financing
-€37,261
Cash 2024
€122,792
From operations (derived)
+€643,688
Net result for the year
+€461,681
Depreciation
+€119,082
Receivables within one year
-€24,432
Deferred charges and accrued income
-€6,097
Trade debts
+€20,328
Tax, wage and social debts
+€38,010
Other debts
+€42,134
Accrued charges and deferred income
-€7,018
Investment (derived)
-€616,007
Investment in fixed assets (net)
-€616,007
Financing
-€37,261
Debts after one year
-€113,176
Current portion of long-term debt
+€75,915
Cash 2025
€113,211
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,860,008 | €6,377,883 | +€517,874 | +8.8% |
| Fixed assets | 21/28 | €5,506,698 | €6,003,624 | +€496,925 | +9.0% |
| Intangible fixed assets | 21 | €932 | €432 | -€500 | -53.6% |
| Tangible fixed assets | 22/27 | €2,625,816 | €2,507,235 | -€118,582 | -4.5% |
| Land and buildings | 22 | €2,513,719 | €2,413,912 | -€99,806 | -4.0% |
| Furniture and vehicles | 24 | €19,785 | €8,893 | -€10,892 | -55.1% |
| Other tangible fixed assets | 26 | €92,313 | €84,430 | -€7,883 | -8.5% |
| Financial fixed assets | 28 | €2,879,950 | €3,495,957 | +€616,007 | +21.4% |
| Current assets | 29/58 | €353,310 | €374,259 | +€20,949 | +5.9% |
| Amounts receivable within one year | 40/41 | €213,231 | €237,663 | +€24,432 | +11.5% |
| Trade receivables | 40 | €26,236 | €29,137 | +€2,901 | +11.1% |
| Other amounts receivable | 41 | €186,995 | €208,526 | +€21,531 | +11.5% |
| Cash at bank and in hand | 54/58 | €122,792 | €113,211 | -€9,580 | -7.8% |
| Deferred charges and accrued income | 490/1 | €17,288 | €23,385 | +€6,097 | +35.3% |
| Total equity and liabilities | 10/49 | €5,860,008 | €6,377,883 | +€517,874 | +8.8% |
| Equity | 10/15 | €1,742,591 | €2,204,272 | +€461,681 | +26.5% |
| Contributions | 10/11 | €682,947 | €682,947 | = | 0.0% |
| Capital | 10 | €682,947 | €682,947 | = | 0.0% |
| Issued capital | 100 | €682,947 | €682,947 | = | 0.0% |
| Reserves | 13 | €68,295 | €68,295 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68,295 | €68,295 | = | 0.0% |
| Legal reserve | 130 | €68,295 | €68,295 | = | 0.0% |
| Profit (loss) carried forward | 14 | €991,350 | €1,453,031 | +€461,681 | +46.6% |
| Amounts payable | 17/49 | €4,117,417 | €4,173,610 | +€56,193 | +1.4% |
| Amounts payable after more than one year | 17 | €3,589,210 | €3,476,034 | -€113,176 | -3.2% |
| Financial debts | 170/4 | €3,589,210 | €3,476,034 | -€113,176 | -3.2% |
| Amounts payable within one year | 42/48 | €432,103 | €608,491 | +€176,388 | +40.8% |
| Current portion of amounts payable after more than one year | 42 | €394,785 | €470,701 | +€75,915 | +19.2% |
| Trade debts | 44 | €22,941 | €43,270 | +€20,328 | +88.6% |
| Suppliers | 440/4 | €22,941 | €43,270 | +€20,328 | +88.6% |
| Taxes, remuneration and social security | 45 | - | €38,010 | +€38,010 | |
| Taxes | 450/3 | - | €38,010 | +€38,010 | |
| Other amounts payable | 47/48 | €14,377 | €56,511 | +€42,134 | +293% |
| Accrued charges and deferred income | 492/3 | €96,104 | €89,085 | -€7,018 | -7.3% |
| Non-recurring operating income | 76A | - | €49,256 | +€49,256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,204 | €119,082 | -€10,122 | -7.8% |
| Other operating charges | 640/8 | €11,992 | €14,901 | +€2,909 | +24.3% |
| Non-recurring operating charges | 66A | €196 | €3,975 | +€3,779 | +1,930% |
| Gross operating margin | 9900 | €739,065 | €836,565 | +€97,501 | +13.2% |
| Operating profit (loss) | 9901 | €597,673 | €698,607 | +€100,935 | +16.9% |
| Financial income | 75/76B | €60,698 | €31,680 | -€29,018 | -47.8% |
| Recurring financial income | 75 | €60,698 | €31,680 | -€29,018 | -47.8% |
| Financial charges | 65/66B | €855,457 | €130,596 | -€724,861 | -84.7% |
| Recurring financial charges | 65 | €168,957 | €130,596 | -€38,361 | -22.7% |
| Non-recurring financial charges | 66B | €686,500 | - | -€686,500 | |
| Profit (loss) for the period before taxes | 9903 | -€197,087 | €599,691 | +€796,778 | |
| Income taxes | 67/77 | - | €138,010 | +€138,010 | |
| Profit (loss) for the period | 9904 | -€197,087 | €461,681 | +€658,768 | |
| Profit (loss) for the period to be appropriated | 9905 | -€197,087 | €461,681 | +€658,768 |
Next steps
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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 1 November 2026 via checked.be.