TherAP 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.
TherAP Care
Largest movements
- Tangible fixed assets -€18,730
down €18,730 (-25.0%), from €74,955 to €56,225
of which Furniture and vehicles: -€18,469
- Cash +€16,594
up €16,594 (+60.0%), from €27,646 to €44,241
mainly Net result for the year (+€27,953) and Other debts (+€21,146)
- Receivables within one year -€12,838
down €12,838 (-54.1%), from €23,718 to €10,880
- Profit (loss) carried forward -€25,259
no longer reported in 2025 (was €25,259)
- Other debts +€21,146
up €21,146 (+88.9%), from €23,800 to €44,946
- Debts after one year -€17,604
down €17,604 (-31.8%), from €55,442 to €37,838
- Tax, wage and social debts +€6,445
up €6,445 (+153%), from €4,200 to €10,645
- Gross operating margin +€10,162
up €10,162 (+17.9%), from €56,873 to €67,034
- Taxes +€3,028
up €3,028 (+35.1%), from €8,635 to €11,663
- Other operating charges -€1,847
down €1,847 (-52.0%), from €3,555 to €1,708
- Financial charges -€1,613
down €1,613 (-30.0%), from €5,378 to €3,765
- Staff costs -€1,539
down €1,539 (-62.7%), from €2,454 to €916
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 | €129,562 | €115,615 | -€13,948 | -10.8% |
| Fixed assets | 21/28 | €75,055 | €56,325 | -€18,730 | -25.0% |
| Tangible fixed assets | 22/27 | €74,955 | €56,225 | -€18,730 | -25.0% |
| Plant, machinery and equipment | 23 | €4,273 | €4,011 | -€261 | -6.1% |
| Furniture and vehicles | 24 | €70,683 | €52,214 | -€18,469 | -26.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €54,507 | €59,289 | +€4,782 | +8.8% |
| Amounts receivable within one year | 40/41 | €23,718 | €10,880 | -€12,838 | -54.1% |
| Other amounts receivable | 41 | €23,718 | €10,880 | -€12,838 | -54.1% |
| Cash at bank and in hand | 54/58 | €27,646 | €44,241 | +€16,594 | +60.0% |
| Deferred charges and accrued income | 490/1 | €3,142 | €4,168 | +€1,026 | +32.6% |
| Total equity and liabilities | 10/49 | €129,562 | €115,615 | -€13,948 | -10.8% |
| Equity | 10/15 | €28,259 | €3,000 | -€25,259 | -89.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,259 | - | -€25,259 | |
| Amounts payable | 17/49 | €101,303 | €112,615 | +€11,311 | +11.2% |
| Amounts payable after more than one year | 17 | €55,442 | €37,838 | -€17,604 | -31.8% |
| Financial debts | 170/4 | €55,442 | €37,838 | -€17,604 | -31.8% |
| Amounts payable within one year | 42/48 | €45,861 | €74,777 | +€28,915 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €16,782 | €17,604 | +€822 | +4.9% |
| Trade debts | 44 | €1,080 | €1,581 | +€501 | +46.4% |
| Suppliers | 440/4 | €1,080 | €1,581 | +€501 | +46.4% |
| Taxes, remuneration and social security | 45 | €4,200 | €10,645 | +€6,445 | +153% |
| Taxes | 450/3 | €4,200 | €10,645 | +€6,445 | +153% |
| Other amounts payable | 47/48 | €23,800 | €44,946 | +€21,146 | +88.9% |
| Non-recurring operating income | 76A | €943 | - | -€943 | |
| Remuneration, social security and pensions | 62 | €2,454 | €916 | -€1,539 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,191 | €21,030 | +€840 | +4.2% |
| Other operating charges | 640/8 | €3,555 | €1,708 | -€1,847 | -52.0% |
| Gross operating margin | 9900 | €56,873 | €67,034 | +€10,162 | +17.9% |
| Operating profit (loss) | 9901 | €30,672 | €43,381 | +€12,708 | +41.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €5,378 | €3,765 | -€1,613 | -30.0% |
| Recurring financial charges | 65 | €5,378 | €3,765 | -€1,613 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €25,298 | €39,616 | +€14,318 | +56.6% |
| Income taxes | 67/77 | €8,635 | €11,663 | +€3,028 | +35.1% |
| Profit (loss) for the period | 9904 | €16,662 | €27,953 | +€11,290 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,662 | €27,953 | +€11,290 | +67.8% |
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.