CARDIBEL: 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.
CARDIBEL
Largest movements
- Cash -€102,754
down €102,754 (-20.0%), from €513,697 to €410,943
mainly Other debts (-€56,053) and Contributions, distributions and other (-€40,000)
- Tangible fixed assets -€23,152
down €23,152 (-44.6%), from €51,919 to €28,767
of which Furniture and vehicles: -€23,152
- Other debts -€56,053
down €56,053 (-67.5%), from €83,062 to €27,009
- Reserves -€40,000
down €40,000 (-22.3%), from €179,061 to €139,061
of which Distributable reserves: -€40,000
- Profit (loss) carried forward -€20,715
down €20,715 (-7.3%), from €284,079 to €263,364
- Purchases and services -€40,295
no longer reported in 2025 (was €40,295)
- Gross operating margin -€25,717
down €25,717, from €14,885 to -€10,833
- Financial income +€11,884
up €11,884 (+328%), from €3,619 to €15,503
- Financial charges -€2,094
down €2,094 (-79.7%), from €2,626 to €532
- Depreciation +€1,461
up €1,461 (+6.7%), from €21,691 to €23,152
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 | €571,953 | €448,040 | -€123,913 | -21.7% |
| Fixed assets | 21/28 | €51,919 | €28,767 | -€23,152 | -44.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €51,919 | €28,767 | -€23,152 | -44.6% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €51,919 | €28,767 | -€23,152 | -44.6% |
| Current assets | 29/58 | €520,034 | €419,274 | -€100,761 | -19.4% |
| Amounts receivable within one year | 40/41 | €1,539 | €4,224 | +€2,686 | +175% |
| Other amounts receivable | 41 | €1,539 | €4,224 | +€2,686 | +175% |
| Cash at bank and in hand | 54/58 | €513,697 | €410,943 | -€102,754 | -20.0% |
| Deferred charges and accrued income | 490/1 | €4,799 | €4,107 | -€692 | -14.4% |
| Total equity and liabilities | 10/49 | €571,953 | €448,040 | -€123,913 | -21.7% |
| Equity | 10/15 | €481,740 | €421,025 | -€60,715 | -12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,061 | €139,061 | -€40,000 | -22.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €177,201 | €137,201 | -€40,000 | -22.6% |
| Profit (loss) carried forward | 14 | €284,079 | €263,364 | -€20,715 | -7.3% |
| Amounts payable | 17/49 | €90,213 | €27,015 | -€63,198 | -70.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €90,213 | €27,015 | -€63,198 | -70.1% |
| Current portion of amounts payable after more than one year | 42 | €3,182 | - | -€3,182 | |
| Financial debts | 43 | €14 | - | -€14 | |
| Credit institutions | 430/8 | €14 | - | -€14 | |
| Trade debts | 44 | €3,955 | €6 | -€3,949 | -99.8% |
| Suppliers | 440/4 | €3,955 | €6 | -€3,949 | -99.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €83,062 | €27,009 | -€56,053 | -67.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €40,295 | - | -€40,295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,691 | €23,152 | +€1,461 | +6.7% |
| Other operating charges | 640/8 | €186 | €1,292 | +€1,106 | +594% |
| Gross operating margin | 9900 | €14,885 | -€10,833 | -€25,717 | |
| Operating profit (loss) | 9901 | -€6,993 | -€35,276 | -€28,284 | -404% |
| Financial income | 75/76B | €3,619 | €15,503 | +€11,884 | +328% |
| Recurring financial income | 75 | €3,619 | €15,503 | +€11,884 | +328% |
| Financial charges | 65/66B | €2,626 | €532 | -€2,094 | -79.7% |
| Recurring financial charges | 65 | €2,626 | €532 | -€2,094 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,000 | -€20,306 | -€14,306 | -238% |
| Income taxes | 67/77 | €232 | €409 | +€176 | +76.0% |
| Profit (loss) for the period | 9904 | -€6,232 | -€20,715 | -€14,483 | -232% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,232 | -€20,715 | -€14,483 | -232% |
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 31 October 2026 via checked.be.