CAREVOLUTION: 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.
CAREVOLUTION
Largest movements
- Current investments -€900,000
down €900,000 (-12.7%), from €7.1m to €6.2m
- Financial fixed assets +€537,150
up €537,150 (+21.5%), from €2.5m to €3.0m
- Profit (loss) carried forward -€202,866
down €202,866 (-1.6%), from -€12.5m to -€12.7m
- Trade debts -€125,440
down €125,440 (-79.3%), from €158,158 to €32,717
- Financial income -€1.7m
down €1.7m (-66.2%), from €2.6m to €870,985
of which Non-recurring financial income: -€1.7m
- Other operating charges -€125,866
down €125,866 (-99.9%), from €125,951 to €85
- Financial charges +€86,834
up €86,834 (+18.9%), from €459,329 to €546,162
of which Financial charges: +€283,143
- Gross operating margin +€25,856
up €25,856 (+7.2%), from -€360,246 to -€334,391
- Staff costs +€25,409
up €25,409 (+15.0%), from €169,488 to €194,898
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 | €9,695,271 | €9,390,272 | -€305,000 | -3.1% |
| Fixed assets | 21/28 | €2,498,605 | €3,035,755 | +€537,150 | +21.5% |
| Financial fixed assets | 28 | €2,498,605 | €3,035,755 | +€537,150 | +21.5% |
| Current assets | 29/58 | €7,196,666 | €6,354,517 | -€842,149 | -11.7% |
| Amounts receivable within one year | 40/41 | €43,629 | €88,360 | +€44,731 | +103% |
| Trade receivables | 40 | €12 | €6,905 | +€6,892 | +56,403% |
| Other amounts receivable | 41 | €43,617 | €81,455 | +€37,838 | +86.8% |
| Current investments | 50/53 | €7,100,000 | €6,200,000 | -€900,000 | -12.7% |
| Cash at bank and in hand | 54/58 | €50,585 | €62,966 | +€12,381 | +24.5% |
| Deferred charges and accrued income | 490/1 | €2,452 | €3,191 | +€739 | +30.2% |
| Total equity and liabilities | 10/49 | €9,695,271 | €9,390,272 | -€305,000 | -3.1% |
| Equity | 10/15 | €9,508,031 | €9,305,165 | -€202,866 | -2.1% |
| Contributions | 10/11 | €22,000,000 | €22,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,491,969 | -€12,694,835 | -€202,866 | -1.6% |
| Amounts payable | 17/49 | €187,241 | €85,107 | -€102,133 | -54.5% |
| Amounts payable within one year | 42/48 | €187,076 | €84,853 | -€102,222 | -54.6% |
| Trade debts | 44 | €158,158 | €32,717 | -€125,440 | -79.3% |
| Suppliers | 440/4 | €158,158 | €32,717 | -€125,440 | -79.3% |
| Taxes, remuneration and social security | 45 | €28,918 | €52,135 | +€23,217 | +80.3% |
| Taxes | 450/3 | €8,112 | €15,259 | +€7,147 | +88.1% |
| Remuneration and social security | 454/9 | €20,806 | €36,877 | +€16,070 | +77.2% |
| Other amounts payable | 47/48 | - | €1 | +€1 | |
| Accrued charges and deferred income | 492/3 | €165 | €254 | +€89 | +53.6% |
| Remuneration, social security and pensions | 62 | €169,488 | €194,898 | +€25,409 | +15.0% |
| Other operating charges | 640/8 | €125,951 | €85 | -€125,866 | -99.9% |
| Gross operating margin | 9900 | -€360,246 | -€334,391 | +€25,856 | +7.2% |
| Operating profit (loss) | 9901 | -€655,686 | -€529,374 | +€126,312 | +19.3% |
| Financial income | 75/76B | €2,579,462 | €870,985 | -€1.7m | -66.2% |
| Recurring financial income | 75 | €176,107 | €147,985 | -€28,122 | -16.0% |
| Non-recurring financial income | 76B | €2,403,355 | €723,000 | -€1.7m | -69.9% |
| Financial charges | 65/66B | €459,329 | €546,162 | +€86,834 | +18.9% |
| Recurring financial charges | 65 | -€281,980 | €1,163 | +€283,143 | |
| Non-recurring financial charges | 66B | €741,309 | €544,999 | -€196,310 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €1,464,447 | -€204,551 | -€1.7m | |
| Income taxes | 67/77 | €16,761 | -€1,685 | -€18,446 | |
| Profit (loss) for the period | 9904 | €1,447,686 | -€202,866 | -€1.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,447,686 | -€202,866 | -€1.7m |
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 26 October 2026 via checked.be.