CARDELIM: 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.
CARDELIM
Largest movements
- Cash -€57,402
down €57,402 (-25.3%), from €226,556 to €169,155
mainly Net result for the year (-€62,956) and Other debts (-€13,152)
- Tangible fixed assets -€31,124
down €31,124 (-28.1%), from €110,869 to €79,744
- Profit (loss) carried forward -€62,956
down €62,956 (-161%), from -€39,155 to -€102,112
- Other debts -€13,152
down €13,152 (-3.0%), from €438,621 to €425,469
- Trade debts -€12,771
down €12,771 (-87.8%), from €14,541 to €1,770
- Gross operating margin +€31,606
up €31,606 (+69.7%), from -€45,377 to -€13,771
- Other operating charges -€2,951
down €2,951 (-34.6%), from €8,535 to €5,584
- Financial charges -€1,044
down €1,044 (-8.0%), from €13,023 to €11,979
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 | €445,233 | €355,880 | -€89,353 | -20.1% |
| Fixed assets | 21/28 | €110,969 | €79,844 | -€31,124 | -28.0% |
| Tangible fixed assets | 22/27 | €110,869 | €79,744 | -€31,124 | -28.1% |
| Furniture and vehicles | 24 | €110,869 | €79,744 | -€31,124 | -28.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €334,264 | €276,036 | -€58,229 | -17.4% |
| Stocks and contracts in progress | 3 | €97,912 | €97,912 | = | 0.0% |
| Stocks | 30/36 | €97,912 | €97,912 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,831 | €6,933 | -€898 | -11.5% |
| Trade receivables | 40 | €5,533 | €5,133 | -€400 | -7.2% |
| Other amounts receivable | 41 | €2,298 | €1,800 | -€498 | -21.7% |
| Cash at bank and in hand | 54/58 | €226,556 | €169,155 | -€57,402 | -25.3% |
| Deferred charges and accrued income | 490/1 | €1,965 | €2,037 | +€71 | +3.6% |
| Total equity and liabilities | 10/49 | €445,233 | €355,880 | -€89,353 | -20.1% |
| Equity | 10/15 | -€20,555 | -€83,512 | -€62,956 | -306% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,155 | -€102,112 | -€62,956 | -161% |
| Amounts payable | 17/49 | €465,788 | €439,392 | -€26,397 | -5.7% |
| Amounts payable within one year | 42/48 | €455,644 | €431,324 | -€24,320 | -5.3% |
| Financial debts | 43 | - | €628 | +€628 | |
| Other loans | 439 | - | €628 | +€628 | |
| Trade debts | 44 | €14,541 | €1,770 | -€12,771 | -87.8% |
| Suppliers | 440/4 | €14,541 | €1,770 | -€12,771 | -87.8% |
| Taxes, remuneration and social security | 45 | €2,481 | €3,458 | +€976 | +39.3% |
| Taxes | 450/3 | €2,481 | €3,458 | +€976 | +39.3% |
| Other amounts payable | 47/48 | €438,621 | €425,469 | -€13,152 | -3.0% |
| Accrued charges and deferred income | 492/3 | €10,145 | €8,068 | -€2,077 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,124 | €31,124 | -€0 | 0.0% |
| Other operating charges | 640/8 | €8,535 | €5,584 | -€2,951 | -34.6% |
| Gross operating margin | 9900 | -€45,377 | -€13,771 | +€31,606 | +69.7% |
| Operating profit (loss) | 9901 | -€85,037 | -€50,480 | +€34,557 | +40.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €13,023 | €11,979 | -€1,044 | -8.0% |
| Recurring financial charges | 65 | €13,023 | €11,979 | -€1,044 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€98,060 | -€62,458 | +€35,602 | +36.3% |
| Income taxes | 67/77 | €202 | €498 | +€296 | +146% |
| Profit (loss) for the period | 9904 | -€98,262 | -€62,956 | +€35,306 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,262 | -€62,956 | +€35,306 | +35.9% |
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 16 October 2026 via checked.be.