CARDIO DONANO: 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 DONANO
Largest movements
- Cash +€21,858
up €21,858 (+20.9%), from €104,569 to €126,427
mainly Net result for the year (+€26,661) and Depreciation (+€10,446)
- Tangible fixed assets -€3,934
down €3,934 (-9.9%), from €39,755 to €35,821
of which Land and buildings: -€6,625
- Receivables within one year -€2,170
down €2,170 (-12.3%), from €17,591 to €15,421
of which Trade receivables: -€10,563
- Reserves +€26,661
up €26,661 (+38.4%), from €69,356 to €96,016
- Other debts -€12,999
down €12,999 (-19.3%), from €67,341 to €54,342
- Tax, wage and social debts +€2,670
up €2,670 (+539%), from €496 to €3,166
of which Taxes: +€2,666
- Gross operating margin +€18,820
up €18,820 (+53.5%), from €35,154 to €53,974
- Taxes +€9,506
up €9,506 (+199%), from €4,767 to €14,273
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 | €164,810 | €180,425 | +€15,615 | +9.5% |
| Fixed assets | 21/28 | €39,755 | €35,821 | -€3,934 | -9.9% |
| Tangible fixed assets | 22/27 | €39,755 | €35,821 | -€3,934 | -9.9% |
| Land and buildings | 22 | €28,671 | €22,046 | -€6,625 | -23.1% |
| Furniture and vehicles | 24 | €7,458 | €5,204 | -€2,254 | -30.2% |
| Other tangible fixed assets | 26 | €3,626 | €8,571 | +€4,945 | +136% |
| Current assets | 29/58 | €125,055 | €144,604 | +€19,549 | +15.6% |
| Amounts receivable within one year | 40/41 | €17,591 | €15,421 | -€2,170 | -12.3% |
| Trade receivables | 40 | €12,325 | €1,763 | -€10,563 | -85.7% |
| Other amounts receivable | 41 | €5,265 | €13,658 | +€8,393 | +159% |
| Cash at bank and in hand | 54/58 | €104,569 | €126,427 | +€21,858 | +20.9% |
| Deferred charges and accrued income | 490/1 | €2,896 | €2,757 | -€139 | -4.8% |
| Total equity and liabilities | 10/49 | €164,810 | €180,425 | +€15,615 | +9.5% |
| Equity | 10/15 | €94,857 | €121,517 | +€26,661 | +28.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €69,356 | €96,016 | +€26,661 | +38.4% |
| Distributable reserves | 133 | €69,356 | €96,016 | +€26,661 | +38.4% |
| Profit (loss) carried forward | 14 | €13,101 | €13,101 | = | 0.0% |
| Amounts payable | 17/49 | €69,954 | €58,908 | -€11,046 | -15.8% |
| Amounts payable within one year | 42/48 | €69,954 | €58,908 | -€11,046 | -15.8% |
| Trade debts | 44 | €2,117 | €733 | -€1,385 | -65.4% |
| Suppliers | 440/4 | €2,117 | €733 | -€1,385 | -65.4% |
| Advances received on contracts in progress | 46 | - | €668 | +€668 | |
| Taxes, remuneration and social security | 45 | €496 | €3,166 | +€2,670 | +539% |
| Taxes | 450/3 | - | €2,666 | +€2,666 | |
| Remuneration and social security | 454/9 | €496 | €500 | +€4 | +0.9% |
| Other amounts payable | 47/48 | €67,341 | €54,342 | -€12,999 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,205 | €10,446 | +€241 | +2.4% |
| Other operating charges | 640/8 | €2,371 | €2,444 | +€73 | +3.1% |
| Gross operating margin | 9900 | €35,154 | €53,974 | +€18,820 | +53.5% |
| Operating profit (loss) | 9901 | €22,578 | €41,084 | +€18,506 | +82.0% |
| Financial income | 75/76B | €187 | - | -€187 | |
| Recurring financial income | 75 | €187 | - | -€187 | |
| Financial charges | 65/66B | €142 | €151 | +€8 | +5.8% |
| Recurring financial charges | 65 | €142 | €151 | +€8 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €22,623 | €40,934 | +€18,311 | +80.9% |
| Income taxes | 67/77 | €4,767 | €14,273 | +€9,506 | +199% |
| Profit (loss) for the period | 9904 | €17,856 | €26,661 | +€8,805 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,856 | €26,661 | +€8,805 | +49.3% |
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 25 October 2026 via checked.be.