CARDIO 4U: 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.
CARDIO 4U
Largest movements
- Cash +€115,900
up €115,900 (+146%), from €79,581 to €195,481
mainly Net result for the year (+€66,148) and Other debts (+€62,172)
- Tangible fixed assets +€27,664
up €27,664 (+888%), from €3,115 to €30,779
of which Furniture and vehicles: +€25,713
- Deferred charges and accrued income +€10,065
up €10,065 (+107%), from €9,426 to €19,492
- Reserves +€66,148
up €66,148 (+95.5%), from €69,292 to €135,440
- Other debts +€62,172
up €62,172 (+2,887%), from €2,154 to €64,326
- Tax, wage and social debts +€11,992
up €11,992 (+68.0%), from €17,628 to €29,621
- Current portion of long-term debt +€7,542
new in 2025: €7,542
- Debts after one year +€2,572
new in 2025: €2,572
- Gross operating margin +€36,700
up €36,700 (+63.0%), from €58,284 to €94,984
- Depreciation +€7,357
up €7,357 (+1,230%), from €598 to €7,955
- Taxes +€5,112
up €5,112 (+43.4%), from €11,767 to €16,879
- Financial charges +€3,696
up €3,696 (+3,641%), from €102 to €3,798
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 | €92,123 | €245,752 | +€153,629 | +167% |
| Fixed assets | 21/28 | €3,115 | €30,779 | +€27,664 | +888% |
| Tangible fixed assets | 22/27 | €3,115 | €30,779 | +€27,664 | +888% |
| Land and buildings | 22 | - | €1,952 | +€1,952 | |
| Furniture and vehicles | 24 | €3,115 | €28,828 | +€25,713 | +825% |
| Current assets | 29/58 | €89,008 | €214,972 | +€125,965 | +142% |
| Cash at bank and in hand | 54/58 | €79,581 | €195,481 | +€115,900 | +146% |
| Deferred charges and accrued income | 490/1 | €9,426 | €19,492 | +€10,065 | +107% |
| Total equity and liabilities | 10/49 | €92,123 | €245,752 | +€153,629 | +167% |
| Equity | 10/15 | €72,292 | €138,440 | +€66,148 | +91.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €69,292 | €135,440 | +€66,148 | +95.5% |
| Distributable reserves | 133 | €69,292 | €135,440 | +€66,148 | +95.5% |
| Amounts payable | 17/49 | €19,831 | €107,312 | +€87,481 | +441% |
| Amounts payable after more than one year | 17 | - | €2,572 | +€2,572 | |
| Financial debts | 170/4 | - | €2,572 | +€2,572 | |
| Amounts payable within one year | 42/48 | €19,831 | €102,988 | +€83,157 | +419% |
| Current portion of amounts payable after more than one year | 42 | - | €7,542 | +€7,542 | |
| Trade debts | 44 | €49 | €1,499 | +€1,450 | +2,959% |
| Suppliers | 440/4 | €49 | €1,499 | +€1,450 | +2,959% |
| Taxes, remuneration and social security | 45 | €17,628 | €29,621 | +€11,992 | +68.0% |
| Taxes | 450/3 | €17,628 | €29,621 | +€11,992 | +68.0% |
| Other amounts payable | 47/48 | €2,154 | €64,326 | +€62,172 | +2,887% |
| Accrued charges and deferred income | 492/3 | - | €1,752 | +€1,752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €598 | €7,955 | +€7,357 | +1,230% |
| Other operating charges | 640/8 | €85 | €204 | +€119 | +141% |
| Gross operating margin | 9900 | €58,284 | €94,984 | +€36,700 | +63.0% |
| Operating profit (loss) | 9901 | €57,602 | €86,825 | +€29,224 | +50.7% |
| Financial income | 75/76B | €325 | - | -€325 | |
| Recurring financial income | 75 | €325 | - | -€325 | |
| Financial charges | 65/66B | €102 | €3,798 | +€3,696 | +3,641% |
| Recurring financial charges | 65 | €102 | €3,798 | +€3,696 | +3,641% |
| Profit (loss) for the period before taxes | 9903 | €57,825 | €83,028 | +€25,202 | +43.6% |
| Income taxes | 67/77 | €11,767 | €16,879 | +€5,112 | +43.4% |
| Profit (loss) for the period | 9904 | €46,058 | €66,148 | +€20,091 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,058 | €66,148 | +€20,091 | +43.6% |
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 24 October 2026 via checked.be.