CARDAMON: 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.
CARDAMON
Largest movements
- Tangible fixed assets -€12,706
down €12,706 (-33.6%), from €37,871 to €25,165
of which Furniture and vehicles: -€10,224
- Cash +€9,729
up €9,729 (+89.1%), from €10,924 to €20,653
mainly Other debts (+€19,487) and Depreciation (+€17,326)
- Deferred charges and accrued income -€1,996
down €1,996 (-21.1%), from €9,446 to €7,450
- Receivables within one year +€1,144
up €1,144 (+5.8%), from €19,645 to €20,789
- Other debts +€19,487
up €19,487 (+106.6%), from €18,276 to €37,763
- Trade debts -€15,683
down €15,683 (-96.8%), from €16,195 to €512
- Debts after one year -€3,731
no longer reported in 2025 (was €3,731)
- Tax, wage and social debts -€3,180
down €3,180 (-21.7%), from €14,655 to €11,475
of which Remuneration and social security: -€6,112
- Staff costs -€22,087
down €22,087 (-54.1%), from €40,820 to €18,733
- Gross operating margin +€15,259
up €15,259 (+42.3%), from €36,061 to €51,320
- Financial income -€2,766
down €2,766 (-99.3%), from €2,786 to €19
- Depreciation -€2,062
down €2,062 (-10.6%), from €19,388 to €17,326
- Other operating charges +€859
up €859 (+42.0%), from €2,045 to €2,904
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 | €77,986 | €74,156 | -€3,829 | -4.9% |
| Fixed assets | 21/28 | €37,971 | €25,265 | -€12,706 | -33.5% |
| Tangible fixed assets | 22/27 | €37,871 | €25,165 | -€12,706 | -33.6% |
| Plant, machinery and equipment | 23 | €14,065 | €11,725 | -€2,339 | -16.6% |
| Furniture and vehicles | 24 | €22,395 | €12,171 | -€10,224 | -45.7% |
| Other tangible fixed assets | 26 | €1,411 | €1,268 | -€142 | -10.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €40,015 | €48,891 | +€8,877 | +22.2% |
| Amounts receivable within one year | 40/41 | €19,645 | €20,789 | +€1,144 | +5.8% |
| Trade receivables | 40 | €19,645 | €20,789 | +€1,144 | +5.8% |
| Cash at bank and in hand | 54/58 | €10,924 | €20,653 | +€9,729 | +89.1% |
| Deferred charges and accrued income | 490/1 | €9,446 | €7,450 | -€1,996 | -21.1% |
| Total equity and liabilities | 10/49 | €77,986 | €74,156 | -€3,829 | -4.9% |
| Equity | 10/15 | €20,676 | €20,676 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,676 | €10,676 | = | 0.0% |
| Amounts payable | 17/49 | €57,310 | €53,481 | -€3,829 | -6.7% |
| Amounts payable after more than one year | 17 | €3,731 | - | -€3,731 | |
| Financial debts | 170/4 | €3,731 | - | -€3,731 | |
| Amounts payable within one year | 42/48 | €53,568 | €53,481 | -€87 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €4,442 | €3,731 | -€712 | -16.0% |
| Trade debts | 44 | €16,195 | €512 | -€15,683 | -96.8% |
| Suppliers | 440/4 | €16,195 | €512 | -€15,683 | -96.8% |
| Taxes, remuneration and social security | 45 | €14,655 | €11,475 | -€3,180 | -21.7% |
| Taxes | 450/3 | €4,359 | €7,291 | +€2,932 | +67.3% |
| Remuneration and social security | 454/9 | €10,296 | €4,184 | -€6,112 | -59.4% |
| Other amounts payable | 47/48 | €18,276 | €37,763 | +€19,487 | +106.6% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Remuneration, social security and pensions | 62 | €40,820 | €18,733 | -€22,087 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,388 | €17,326 | -€2,062 | -10.6% |
| Other operating charges | 640/8 | €2,045 | €2,904 | +€859 | +42.0% |
| Gross operating margin | 9900 | €36,061 | €51,320 | +€15,259 | +42.3% |
| Operating profit (loss) | 9901 | -€26,192 | €12,358 | +€38,549 | |
| Financial income | 75/76B | €2,786 | €19 | -€2,766 | -99.3% |
| Recurring financial income | 75 | €2,786 | €19 | -€2,766 | -99.3% |
| Financial charges | 65/66B | €336 | €794 | +€458 | +136.3% |
| Recurring financial charges | 65 | €336 | €794 | +€458 | +136.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,742 | €11,583 | +€35,325 | |
| Income taxes | 67/77 | €154 | €302 | +€148 | +95.9% |
| Profit (loss) for the period | 9904 | -€23,896 | €11,281 | +€35,177 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,896 | €11,281 | +€35,177 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.