TICARE: 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.
TICARE
Largest movements
- Cash +€42,930
up €42,930 (+29.5%), from €145,496 to €188,426
mainly Other debts (+€62,342) and Net result for the year (+€59,299)
- Tangible fixed assets -€14,512
down €14,512 (-27.2%), from €53,416 to €38,905
of which Furniture and vehicles: -€13,864
- Receivables within one year -€6,122
down €6,122 (-13.6%), from €44,894 to €38,772
of which Other amounts receivable: -€8,012
- Deferred charges and accrued income +€3,398
up €3,398 (+138.8%), from €2,447 to €5,845
- Other debts +€62,342
up €62,342 (+271.1%), from €22,997 to €85,339
- Reserves -€31,133
down €31,133 (-16.9%), from €183,974 to €152,841
of which Distributable reserves: -€31,133
- Tax, wage and social debts -€9,063
down €9,063 (-31.3%), from €28,983 to €19,921
- Trade debts +€3,548
up €3,548 (+86.5%), from €4,101 to €7,649
- Taxes +€4,135
up €4,135 (+20.4%), from €20,287 to €24,422
- Gross operating margin +€3,301
up €3,301 (+3.4%), from €97,736 to €101,037
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 | €246,254 | €271,948 | +€25,694 | +10.4% |
| Fixed assets | 21/28 | €53,416 | €38,905 | -€14,512 | -27.2% |
| Tangible fixed assets | 22/27 | €53,416 | €38,905 | -€14,512 | -27.2% |
| Plant, machinery and equipment | 23 | €1,292 | €644 | -€648 | -50.1% |
| Furniture and vehicles | 24 | €52,125 | €38,261 | -€13,864 | -26.6% |
| Current assets | 29/58 | €192,837 | €233,043 | +€40,206 | +20.8% |
| Amounts receivable within one year | 40/41 | €44,894 | €38,772 | -€6,122 | -13.6% |
| Trade receivables | 40 | €36,816 | €38,706 | +€1,890 | +5.1% |
| Other amounts receivable | 41 | €8,078 | €66 | -€8,012 | -99.2% |
| Cash at bank and in hand | 54/58 | €145,496 | €188,426 | +€42,930 | +29.5% |
| Deferred charges and accrued income | 490/1 | €2,447 | €5,845 | +€3,398 | +138.8% |
| Total equity and liabilities | 10/49 | €246,254 | €271,948 | +€25,694 | +10.4% |
| Equity | 10/15 | €190,172 | €159,039 | -€31,133 | -16.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €183,974 | €152,841 | -€31,133 | -16.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €182,115 | €150,982 | -€31,133 | -17.1% |
| Amounts payable | 17/49 | €56,082 | €112,909 | +€56,827 | +101.3% |
| Amounts payable within one year | 42/48 | €56,082 | €112,909 | +€56,827 | +101.3% |
| Trade debts | 44 | €4,101 | €7,649 | +€3,548 | +86.5% |
| Suppliers | 440/4 | €4,101 | €7,649 | +€3,548 | +86.5% |
| Taxes, remuneration and social security | 45 | €28,983 | €19,921 | -€9,063 | -31.3% |
| Taxes | 450/3 | €28,983 | €19,921 | -€9,063 | -31.3% |
| Other amounts payable | 47/48 | €22,997 | €85,339 | +€62,342 | +271.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,131 | €15,823 | -€307 | -1.9% |
| Other operating charges | 640/8 | €1,403 | €707 | -€695 | -49.6% |
| Non-recurring operating charges | 66A | €3,084 | €385 | -€2,699 | -87.5% |
| Gross operating margin | 9900 | €97,736 | €101,037 | +€3,301 | +3.4% |
| Operating profit (loss) | 9901 | €77,118 | €84,121 | +€7,003 | +9.1% |
| Financial income | 75/76B | €4 | €246 | +€242 | +6027.2% |
| Recurring financial income | 75 | €4 | €246 | +€242 | +6027.2% |
| Financial charges | 65/66B | €796 | €647 | -€149 | -18.8% |
| Recurring financial charges | 65 | €796 | €647 | -€149 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €76,326 | €83,720 | +€7,394 | +9.7% |
| Income taxes | 67/77 | €20,287 | €24,422 | +€4,135 | +20.4% |
| Profit (loss) for the period | 9904 | €56,039 | €59,299 | +€3,259 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,039 | €59,299 | +€3,259 | +5.8% |
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 1 October 2026 via checked.be.