TEDICARE: 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.
TEDICARE
Largest movements
- Cash +€120,324
up €120,324 (+36.6%), from €329,179 to €449,503
mainly Current investments (+€100,000) and Net result for the year (+€75,194)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€12,385
down €12,385 (-23.7%), from €52,277 to €39,893
of which Furniture and vehicles: -€13,729
- Reserves +€31,319
up €31,319 (+10.0%), from €312,208 to €343,527
- Other debts -€17,473
down €17,473 (-25.5%), from €68,463 to €50,990
- Gross operating margin +€22,394
up €22,394 (+22.6%), from €99,298 to €121,692
- Taxes +€6,510
up €6,510 (+27.4%), from €23,737 to €30,248
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 | €489,345 | €499,526 | +€10,181 | +2.1% |
| Fixed assets | 21/28 | €52,277 | €39,893 | -€12,385 | -23.7% |
| Tangible fixed assets | 22/27 | €52,277 | €39,893 | -€12,385 | -23.7% |
| Land and buildings | 22 | €3,106 | €2,393 | -€713 | -23.0% |
| Plant, machinery and equipment | 23 | €1,141 | €3,198 | +€2,057 | +180.2% |
| Furniture and vehicles | 24 | €48,030 | €34,302 | -€13,729 | -28.6% |
| Current assets | 29/58 | €437,068 | €459,633 | +€22,565 | +5.2% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €329,179 | €449,503 | +€120,324 | +36.6% |
| Deferred charges and accrued income | 490/1 | €7,889 | €10,130 | +€2,241 | +28.4% |
| Total equity and liabilities | 10/49 | €489,345 | €499,526 | +€10,181 | +2.1% |
| Equity | 10/15 | €406,737 | €437,222 | +€30,486 | +7.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €312,208 | €343,527 | +€31,319 | +10.0% |
| Distributable reserves | 133 | €312,208 | €343,527 | +€31,319 | +10.0% |
| Profit (loss) carried forward | 14 | €82,129 | €81,296 | -€833 | -1.0% |
| Amounts payable | 17/49 | €82,608 | €62,303 | -€20,305 | -24.6% |
| Amounts payable within one year | 42/48 | €82,608 | €62,303 | -€20,305 | -24.6% |
| Trade debts | 44 | €5,115 | €3,681 | -€1,435 | -28.0% |
| Suppliers | 440/4 | €5,115 | €3,681 | -€1,435 | -28.0% |
| Taxes, remuneration and social security | 45 | €9,030 | €7,633 | -€1,397 | -15.5% |
| Taxes | 450/3 | €9,030 | €7,633 | -€1,397 | -15.5% |
| Other amounts payable | 47/48 | €68,463 | €50,990 | -€17,473 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,848 | €17,215 | -€634 | -3.5% |
| Other operating charges | 640/8 | €1,249 | €1,432 | +€182 | +14.6% |
| Gross operating margin | 9900 | €99,298 | €121,692 | +€22,394 | +22.6% |
| Operating profit (loss) | 9901 | €80,200 | €103,045 | +€22,845 | +28.5% |
| Financial income | 75/76B | €2,500 | €2,774 | +€274 | +11.0% |
| Recurring financial income | 75 | €2,500 | €2,774 | +€274 | +11.0% |
| Financial charges | 65/66B | €459 | €377 | -€82 | -17.8% |
| Recurring financial charges | 65 | €459 | €377 | -€82 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €82,241 | €105,442 | +€23,201 | +28.2% |
| Income taxes | 67/77 | €23,737 | €30,248 | +€6,510 | +27.4% |
| Profit (loss) for the period | 9904 | €58,503 | €75,194 | +€16,691 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,503 | €75,194 | +€16,691 | +28.5% |
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 2 October 2026 via checked.be.