ValueCare RC: 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.
ValueCare RC
Largest movements
- Tangible fixed assets +€66,815
up €66,815 (+995.4%), from €6,713 to €73,528
of which Furniture and vehicles: +€63,190
- Cash +€26,525
up €26,525 (+516.2%), from €5,138 to €31,663
mainly Other debts (+€75,527) and Debts after one year (+€25,928)
- Receivables within one year +€9,842
up €9,842 (+125.7%), from €7,828 to €17,670
of which Other amounts receivable: +€13,101
- Deferred charges and accrued income +€6,887
up €6,887 (+71218.5%), from €10 to €6,897
- Other debts +€75,527
up €75,527 (+195.1%), from €38,713 to €114,240
- Debts after one year +€25,928
new in 2025: €25,928
- Current portion of long-term debt +€8,384
new in 2025: €8,384
- Gross operating margin +€3,424
up €3,424 (+220.2%), from €1,555 to €4,978
- Depreciation +€3,037
up €3,037 (+342.1%), from €888 to €3,925
- Other operating charges -€312
down €312 (-80.6%), from €387 to €75
- Financial charges +€299
up €299 (+2491.5%), from €12 to €311
- Taxes +€74
new in 2025: €74
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 | €43,958 | €153,676 | +€109,718 | +249.6% |
| Formation expenses | 20 | €786 | €409 | -€377 | -47.9% |
| Fixed assets | 21/28 | €7,915 | €74,445 | +€66,530 | +840.6% |
| Intangible fixed assets | 21 | €1,202 | €917 | -€285 | -23.7% |
| Tangible fixed assets | 22/27 | €6,713 | €73,528 | +€66,815 | +995.4% |
| Plant, machinery and equipment | 23 | €6,713 | €10,338 | +€3,626 | +54.0% |
| Furniture and vehicles | 24 | - | €63,190 | +€63,190 | |
| Current assets | 29/58 | €35,257 | €78,822 | +€43,564 | +123.6% |
| Stocks and contracts in progress | 3 | €22,281 | €22,591 | +€310 | +1.4% |
| Stocks | 30/36 | €22,281 | €22,591 | +€310 | +1.4% |
| Amounts receivable within one year | 40/41 | €7,828 | €17,670 | +€9,842 | +125.7% |
| Trade receivables | 40 | €6,882 | €3,624 | -€3,259 | -47.3% |
| Other amounts receivable | 41 | €946 | €14,047 | +€13,101 | +1385.4% |
| Cash at bank and in hand | 54/58 | €5,138 | €31,663 | +€26,525 | +516.2% |
| Deferred charges and accrued income | 490/1 | €10 | €6,897 | +€6,887 | +71218.5% |
| Total equity and liabilities | 10/49 | €43,958 | €153,676 | +€109,718 | +249.6% |
| Equity | 10/15 | €2,768 | €3,388 | +€620 | +22.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €268 | €888 | +€620 | +231.5% |
| Distributable reserves | 133 | €268 | €888 | +€620 | +231.5% |
| Amounts payable | 17/49 | €41,190 | €150,288 | +€109,098 | +264.9% |
| Amounts payable after more than one year | 17 | - | €25,928 | +€25,928 | |
| Financial debts | 170/4 | - | €25,928 | +€25,928 | |
| Amounts payable within one year | 42/48 | €41,190 | €124,359 | +€83,169 | +201.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,384 | +€8,384 | |
| Trade debts | 44 | €2,477 | €1,664 | -€813 | -32.8% |
| Suppliers | 440/4 | €2,477 | €1,664 | -€813 | -32.8% |
| Taxes, remuneration and social security | 45 | - | €71 | +€71 | |
| Taxes | 450/3 | - | €71 | +€71 | |
| Other amounts payable | 47/48 | €38,713 | €114,240 | +€75,527 | +195.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €888 | €3,925 | +€3,037 | +342.1% |
| Other operating charges | 640/8 | €387 | €75 | -€312 | -80.6% |
| Gross operating margin | 9900 | €1,555 | €4,978 | +€3,424 | +220.2% |
| Operating profit (loss) | 9901 | €280 | €979 | +€699 | +249.8% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €12 | €311 | +€299 | +2491.5% |
| Recurring financial charges | 65 | €12 | €311 | +€299 | +2491.5% |
| Profit (loss) for the period before taxes | 9903 | €268 | €694 | +€426 | +159.2% |
| Income taxes | 67/77 | - | €74 | +€74 | |
| Profit (loss) for the period | 9904 | €268 | €620 | +€352 | +131.5% |
| Profit (loss) for the period to be appropriated | 9905 | €268 | €620 | +€352 | +131.5% |
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 10 October 2026 via checked.be.