YCARE: 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.
YCARE
Largest movements
- Receivables within one year -€33,555
down €33,555 (-48.6%), from €69,111 to €35,556
of which Trade receivables: -€54,015
- Cash -€23,530
down €23,530 (-40.9%), from €57,559 to €34,029
mainly Short-term financial debts (-€284,398) and Investment in fixed assets (net) (-€35,888)
- Short-term financial debts -€284,398
down €284,398 (-96.4%), from €295,000 to €10,602
- Other debts +€210,702
up €210,702 (+69.0%), from €305,376 to €516,078
- Trade debts +€25,909
up €25,909 (+23.1%), from €112,388 to €138,298
- Profit (loss) carried forward -€21,165
down €21,165 (-33.8%), from €62,527 to €41,362
- Debts after one year +€12,690
up €12,690 (+7.5%), from €168,252 to €180,942
of which Financial debts: +€12,690
- Gross operating margin -€25,295
down €25,295 (-37.4%), from €67,642 to €42,347
- Financial charges +€3,353
up €3,353 (+17.3%), from €19,379 to €22,732
- Taxes -€2,051
down €2,051 (-91.2%), from €2,248 to €197
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 | €1,211,394 | €1,151,807 | -€59,587 | -4.9% |
| Fixed assets | 21/28 | €1,081,293 | €1,077,817 | -€3,476 | -0.3% |
| Tangible fixed assets | 22/27 | €1,081,293 | €1,077,817 | -€3,476 | -0.3% |
| Land and buildings | 22 | €546,497 | €546,497 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,600 | €1,920 | -€1,680 | -46.7% |
| Furniture and vehicles | 24 | €24,475 | €41,249 | +€16,774 | +68.5% |
| Assets under construction and advance payments | 27 | €506,721 | €488,152 | -€18,569 | -3.7% |
| Current assets | 29/58 | €130,102 | €73,990 | -€56,112 | -43.1% |
| Stocks and contracts in progress | 3 | €3,161 | €4,282 | +€1,121 | +35.5% |
| Stocks | 30/36 | €3,161 | €4,282 | +€1,121 | +35.5% |
| Amounts receivable within one year | 40/41 | €69,111 | €35,556 | -€33,555 | -48.6% |
| Trade receivables | 40 | €69,058 | €15,043 | -€54,015 | -78.2% |
| Other amounts receivable | 41 | €53 | €20,513 | +€20,460 | +38949.6% |
| Cash at bank and in hand | 54/58 | €57,559 | €34,029 | -€23,530 | -40.9% |
| Deferred charges and accrued income | 490/1 | €270 | €122 | -€148 | -54.8% |
| Total equity and liabilities | 10/49 | €1,211,394 | €1,151,807 | -€59,587 | -4.9% |
| Equity | 10/15 | €304,643 | €283,478 | -€21,165 | -6.9% |
| Contributions | 10/11 | €156,173 | €156,173 | = | 0.0% |
| Reserves | 13 | €85,943 | €85,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,617 | €15,617 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,617 | €15,617 | = | 0.0% |
| Distributable reserves | 133 | €70,325 | €70,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,527 | €41,362 | -€21,165 | -33.8% |
| Amounts payable | 17/49 | €906,752 | €868,329 | -€38,422 | -4.2% |
| Amounts payable after more than one year | 17 | €168,252 | €180,942 | +€12,690 | +7.5% |
| Financial debts | 170/4 | €166,552 | €179,242 | +€12,690 | +7.6% |
| Other amounts payable | 178/9 | €1,700 | €1,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €738,500 | €687,387 | -€51,113 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €19,694 | €19,986 | +€292 | +1.5% |
| Financial debts | 43 | €295,000 | €10,602 | -€284,398 | -96.4% |
| Credit institutions | 430/8 | €295,000 | €10,602 | -€284,398 | -96.4% |
| Trade debts | 44 | €112,388 | €138,298 | +€25,909 | +23.1% |
| Suppliers | 440/4 | €112,388 | €138,298 | +€25,909 | +23.1% |
| Taxes, remuneration and social security | 45 | €6,042 | €2,424 | -€3,617 | -59.9% |
| Taxes | 450/3 | €6,042 | €2,424 | -€3,617 | -59.9% |
| Other amounts payable | 47/48 | €305,376 | €516,078 | +€210,702 | +69.0% |
| Non-recurring operating income | 76A | - | €11,078 | +€11,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,018 | €39,364 | -€655 | -1.6% |
| Other operating charges | 640/8 | €1,024 | €1,095 | +€71 | +6.9% |
| Non-recurring operating charges | 66A | €223 | €200 | -€24 | -10.6% |
| Gross operating margin | 9900 | €67,642 | €42,347 | -€25,295 | -37.4% |
| Operating profit (loss) | 9901 | €26,376 | €1,689 | -€24,687 | -93.6% |
| Financial income | 75/76B | €6 | €75 | +€69 | +1061.9% |
| Recurring financial income | 75 | €6 | €75 | +€69 | +1061.9% |
| Financial charges | 65/66B | €19,379 | €22,732 | +€3,353 | +17.3% |
| Recurring financial charges | 65 | €19,379 | €22,732 | +€3,353 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €7,003 | -€20,968 | -€27,971 | |
| Income taxes | 67/77 | €2,248 | €197 | -€2,051 | -91.2% |
| Profit (loss) for the period | 9904 | €4,755 | -€21,165 | -€25,920 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,755 | -€21,165 | -€25,920 |
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 3 October 2026 via checked.be.