CARD'INSPECT: 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.
CARD'INSPECT
Largest movements
- Cash -€65,623
down €65,623 (-39.6%), from €165,618 to €99,995
mainly Contributions, distributions and other (-€130,000) and Deferred charges and accrued income (-€40,045)
- Deferred charges and accrued income +€40,045
up €40,045 (+173%), from €23,185 to €63,230
- Tangible fixed assets +€35,677
up €35,677 (+465%), from €7,673 to €43,350
of which Assets under construction and advance payments: +€38,500
- Receivables within one year +€6,728
new in 2025: €6,728
of which Other amounts receivable: +€5,579
- Profit (loss) carried forward +€29,113
up €29,113 (+421%), from €6,909 to €36,022
- Other debts -€11,404
down €11,404 (-8.1%), from €141,404 to €130,000
- Gross operating margin +€113,546
up €113,546 (+116%), from €98,161 to €211,706
- Taxes +€29,880
up €29,880 (+159%), from €18,759 to €48,639
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 | €196,569 | €213,395 | +€16,827 | +8.6% |
| Fixed assets | 21/28 | €7,765 | €43,443 | +€35,677 | +459% |
| Tangible fixed assets | 22/27 | €7,673 | €43,350 | +€35,677 | +465% |
| Plant, machinery and equipment | 23 | €4,028 | €3,174 | -€853 | -21.2% |
| Furniture and vehicles | 24 | €3,645 | €1,676 | -€1,970 | -54.0% |
| Assets under construction and advance payments | 27 | - | €38,500 | +€38,500 | |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €188,803 | €169,952 | -€18,851 | -10.0% |
| Amounts receivable within one year | 40/41 | - | €6,728 | +€6,728 | |
| Trade receivables | 40 | - | €1,150 | +€1,150 | |
| Other amounts receivable | 41 | - | €5,579 | +€5,579 | |
| Cash at bank and in hand | 54/58 | €165,618 | €99,995 | -€65,623 | -39.6% |
| Deferred charges and accrued income | 490/1 | €23,185 | €63,230 | +€40,045 | +173% |
| Total equity and liabilities | 10/49 | €196,569 | €213,395 | +€16,827 | +8.6% |
| Equity | 10/15 | €27,369 | €56,482 | +€29,113 | +106% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,909 | €36,022 | +€29,113 | +421% |
| Amounts payable | 17/49 | €169,200 | €156,914 | -€12,286 | -7.3% |
| Amounts payable within one year | 42/48 | €169,200 | €156,914 | -€12,286 | -7.3% |
| Trade debts | 44 | €3,883 | €2,221 | -€1,662 | -42.8% |
| Suppliers | 440/4 | €3,883 | €2,221 | -€1,662 | -42.8% |
| Taxes, remuneration and social security | 45 | €23,913 | €24,692 | +€779 | +3.3% |
| Taxes | 450/3 | €23,913 | €24,692 | +€779 | +3.3% |
| Other amounts payable | 47/48 | €141,404 | €130,000 | -€11,404 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,823 | +€823 | +41.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €98,161 | €211,706 | +€113,546 | +116% |
| Operating profit (loss) | 9901 | €95,776 | €208,496 | +€112,720 | +118% |
| Financial income | 75/76B | - | €197 | +€197 | |
| Recurring financial income | 75 | - | €197 | +€197 | |
| Financial charges | 65/66B | €1,855 | €941 | -€914 | -49.3% |
| Recurring financial charges | 65 | €1,855 | €941 | -€914 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | €93,921 | €207,752 | +€113,831 | +121% |
| Income taxes | 67/77 | €18,759 | €48,639 | +€29,880 | +159% |
| Profit (loss) for the period | 9904 | €75,163 | €159,113 | +€83,951 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €75,163 | €159,113 | +€83,951 | +112% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.