CARDESK: 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.
CARDESK
Largest movements
- Cash -€175,170
down €175,170 (-67.7%), from €258,678 to €83,507
mainly Contributions, distributions and other (-€180,000) and Net result for the year (-€19,466)
- Receivables within one year -€19,371
down €19,371 (-89.7%), from €21,607 to €2,235
of which Other amounts receivable: -€20,039
- Tangible fixed assets -€5,632
down €5,632 (-5.9%), from €94,833 to €89,202
of which Land and buildings: -€4,605
- Reserves -€199,466
down €199,466 (-48.7%), from €409,688 to €210,222
of which Distributable reserves: -€199,466
- Gross operating margin -€408,552
down €408,552, from €396,518 to -€12,033
- Taxes -€88,757
down €88,757 (-100%), from €88,757 to €0
- Staff costs -€28,181
down €28,181 (-100%), from €28,181 to €0
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 | €417,394 | €216,887 | -€200,507 | -48.0% |
| Fixed assets | 21/28 | €96,693 | €91,062 | -€5,632 | -5.8% |
| Tangible fixed assets | 22/27 | €94,833 | €89,202 | -€5,632 | -5.9% |
| Land and buildings | 22 | €93,391 | €88,786 | -€4,605 | -4.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,442 | €416 | -€1,027 | -71.2% |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €320,700 | €125,825 | -€194,875 | -60.8% |
| Amounts receivable within one year | 40/41 | €21,607 | €2,235 | -€19,371 | -89.7% |
| Trade receivables | 40 | €1,333 | €2,000 | +€668 | +50.1% |
| Other amounts receivable | 41 | €20,274 | €235 | -€20,039 | -98.8% |
| Cash at bank and in hand | 54/58 | €258,678 | €83,507 | -€175,170 | -67.7% |
| Deferred charges and accrued income | 490/1 | €40,416 | €40,082 | -€333 | -0.8% |
| Total equity and liabilities | 10/49 | €417,394 | €216,887 | -€200,507 | -48.0% |
| Equity | 10/15 | €415,888 | €216,422 | -€199,466 | -48.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €409,688 | €210,222 | -€199,466 | -48.7% |
| Tax-exempt reserves | 132 | €2,752 | €2,752 | = | 0.0% |
| Distributable reserves | 133 | €406,935 | €207,469 | -€199,466 | -49.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,506 | €465 | -€1,041 | -69.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,506 | €465 | -€1,041 | -69.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €642 | €358 | -€284 | -44.2% |
| Suppliers | 440/4 | €642 | €358 | -€284 | -44.2% |
| Taxes, remuneration and social security | 45 | €757 | €0 | -€757 | -100% |
| Taxes | 450/3 | €757 | €0 | -€757 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €107 | €107 | = | 0.0% |
| Non-recurring operating income | 76A | €2,775 | €0 | -€2,775 | -100% |
| Remuneration, social security and pensions | 62 | €28,181 | €0 | -€28,181 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,146 | €5,632 | -€2,515 | -30.9% |
| Other operating charges | 640/8 | €2,041 | €1,887 | -€154 | -7.6% |
| Non-recurring operating charges | 66A | €2,495 | €0 | -€2,495 | -100% |
| Gross operating margin | 9900 | €396,518 | -€12,033 | -€408,552 | |
| Operating profit (loss) | 9901 | €355,655 | -€19,552 | -€375,207 | |
| Financial income | 75/76B | €39 | €187 | +€148 | +382% |
| Recurring financial income | 75 | €39 | €187 | +€148 | +382% |
| Financial charges | 65/66B | €3,597 | €101 | -€3,496 | -97.2% |
| Recurring financial charges | 65 | €3,597 | €101 | -€3,496 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | €352,097 | -€19,466 | -€371,562 | |
| Income taxes | 67/77 | €88,757 | €0 | -€88,757 | -100% |
| Profit (loss) for the period | 9904 | €263,340 | -€19,466 | -€282,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €263,340 | -€19,466 | -€282,806 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.