CARD'YVES: what changed
CARD'YVES
Largest movements
- Cash -€6,133
down €6,133 (-18.4%), from €33,249 to €27,116
mainly Net result for the year (-€7,911) and Other debts (-€3,796)
- Receivables within one year -€4,965
down €4,965 (-37.3%), from €13,298 to €8,332
of which Other amounts receivable: -€3,740
- Deferred charges and accrued income -€1,412
down €1,412 (-21.0%), from €6,714 to €5,302
- Profit (loss) carried forward -€7,911
down €7,911, from €4,796 to -€3,114
- Other debts -€3,796
no longer reported in 2025 (was €3,796)
- Trade debts -€1,799
down €1,799 (-55.5%), from €3,243 to €1,444
- Advances received +€893
up €893 (+15.2%), from €5,873 to €6,766
- Gross operating margin -€15,011
down €15,011 (-23.2%), from €64,706 to €49,695
- Staff costs +€2,621
up €2,621 (+5.0%), from €52,129 to €54,750
- Other operating charges +€1,089
up €1,089 (+142%), from €766 to €1,856
- Financial charges +€851
up €851 (+236%), from €361 to €1,212
- Taxes -€850
down €850 (-71.6%), from €1,187 to €337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,139 | €60,525 | -€12,615 | -17.2% |
| Fixed assets | 21/28 | €412 | €50 | -€362 | -87.9% |
| Tangible fixed assets | 22/27 | €362 | - | -€362 | |
| Plant, machinery and equipment | 23 | €219 | - | -€219 | |
| Furniture and vehicles | 24 | €144 | - | -€144 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €72,727 | €60,475 | -€12,252 | -16.8% |
| Amounts receivable after more than one year | 29 | €15,167 | €15,167 | = | 0.0% |
| Other amounts receivable | 291 | €15,167 | €15,167 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,299 | €4,557 | +€258 | +6.0% |
| Stocks | 30/36 | €4,299 | €4,557 | +€258 | +6.0% |
| Amounts receivable within one year | 40/41 | €13,298 | €8,332 | -€4,965 | -37.3% |
| Trade receivables | 40 | €3,412 | €2,186 | -€1,226 | -35.9% |
| Other amounts receivable | 41 | €9,886 | €6,146 | -€3,740 | -37.8% |
| Cash at bank and in hand | 54/58 | €33,249 | €27,116 | -€6,133 | -18.4% |
| Deferred charges and accrued income | 490/1 | €6,714 | €5,302 | -€1,412 | -21.0% |
| Total equity and liabilities | 10/49 | €73,139 | €60,525 | -€12,615 | -17.2% |
| Equity | 10/15 | €58,544 | €50,633 | -€7,911 | -13.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €46,747 | €46,747 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,839 | €16,839 | = | 0.0% |
| Distributable reserves | 133 | €29,908 | €29,908 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,796 | -€3,114 | -€7,911 | |
| Amounts payable | 17/49 | €14,595 | €9,891 | -€4,704 | -32.2% |
| Amounts payable within one year | 42/48 | €14,595 | €9,891 | -€4,704 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €1,683 | €1,682 | -€2 | -0.1% |
| Trade debts | 44 | €3,243 | €1,444 | -€1,799 | -55.5% |
| Suppliers | 440/4 | €3,243 | €1,444 | -€1,799 | -55.5% |
| Advances received on contracts in progress | 46 | €5,873 | €6,766 | +€893 | +15.2% |
| Other amounts payable | 47/48 | €3,796 | - | -€3,796 | |
| Non-recurring operating income | 76A | €60 | €2,550 | +€2,490 | +4,150% |
| Remuneration, social security and pensions | 62 | €52,129 | €54,750 | +€2,621 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €362 | -€258 | -41.6% |
| Other operating charges | 640/8 | €766 | €1,856 | +€1,089 | +142% |
| Gross operating margin | 9900 | €64,706 | €49,695 | -€15,011 | -23.2% |
| Operating profit (loss) | 9901 | €11,190 | -€7,273 | -€18,463 | |
| Financial income | 75/76B | €979 | €911 | -€68 | -7.0% |
| Recurring financial income | 75 | €979 | €911 | -€68 | -7.0% |
| Financial charges | 65/66B | €361 | €1,212 | +€851 | +236% |
| Recurring financial charges | 65 | €361 | €1,212 | +€851 | +236% |
| Profit (loss) for the period before taxes | 9903 | €11,809 | -€7,574 | -€19,383 | |
| Income taxes | 67/77 | €1,187 | €337 | -€850 | -71.6% |
| Profit (loss) for the period | 9904 | €10,622 | -€7,911 | -€18,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,622 | -€7,911 | -€18,533 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.