CARDIO-FAMENNE: what changed
What changed
CARDIO-FAMENNE
filed annual accounts (NBB)
Net result for the year
-€12,862
2024 · -€137-€12,725
Equity
€3,472
2024 · €16,334-€12,862
Cash
€279,542
2024 · €282,489-€2,947
Balance sheet total
€319,044
2024 · €289,344+€29,700
Largest movements
Assets
- Tangible fixed assets +€29,797
new in 2025: €29,797
of which Plant, machinery and equipment: +€27,520
Equity and liabilities
- Other debts +€22,733
up €22,733 (+8.4%), from €271,536 to €294,269
- Debts after one year +€17,205
new in 2025: €17,205
- Profit (loss) carried forward -€12,862
down €12,862, from €2,074 to -€10,788
- Current portion of long-term debt +€3,760
new in 2025: €3,760
Income statement
- Gross operating margin -€9,228
down €9,228, from €3,560 to -€5,668
- Depreciation +€2,725
up €2,725 (+785%), from €347 to €3,072
- Financial charges +€1,250
up €1,250 (+67.4%), from €1,854 to €3,104
- Other operating charges -€444
down €444 (-33.8%), from €1,314 to €870
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€137
Gross operating margin
-€9,228
Depreciation
-€2,725
Other operating charges
+€444
Financial charges
-€1,250
Taxes
+€34
Result 2025
-€12,862
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€8,957
Investment
-€32,869
Financing
+€20,965
Cash 2024
€282,489
From operations (derived)
+€8,957
Net result for the year
-€12,862
Depreciation
+€3,072
Receivables within one year
-€3,155
Deferred charges and accrued income
+€305
Trade debts
-€1,071
Tax, wage and social debts
-€65
Other debts
+€22,733
Investment (derived)
-€32,869
Investment in fixed assets (net)
-€32,869
Financing
+€20,965
Debts after one year
+€17,205
Current portion of long-term debt
+€3,760
Cash 2025
€279,542
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,344 | €319,044 | +€29,700 | +10.3% |
| Fixed assets | 21/28 | €50 | €29,847 | +€29,797 | +59,594% |
| Tangible fixed assets | 22/27 | - | €29,797 | +€29,797 | |
| Plant, machinery and equipment | 23 | - | €27,520 | +€27,520 | |
| Furniture and vehicles | 24 | - | €2,277 | +€2,277 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €289,294 | €289,197 | -€97 | 0.0% |
| Amounts receivable within one year | 40/41 | €5,948 | €9,103 | +€3,155 | +53.0% |
| Trade receivables | 40 | €5,948 | €9,103 | +€3,155 | +53.0% |
| Cash at bank and in hand | 54/58 | €282,489 | €279,542 | -€2,947 | -1.0% |
| Deferred charges and accrued income | 490/1 | €857 | €552 | -€305 | -35.6% |
| Total equity and liabilities | 10/49 | €289,344 | €319,044 | +€29,700 | +10.3% |
| Equity | 10/15 | €16,334 | €3,472 | -€12,862 | -78.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,074 | -€10,788 | -€12,862 | |
| Amounts payable | 17/49 | €273,010 | €315,572 | +€42,562 | +15.6% |
| Amounts payable after more than one year | 17 | - | €17,205 | +€17,205 | |
| Financial debts | 170/4 | - | €17,205 | +€17,205 | |
| Amounts payable within one year | 42/48 | €273,010 | €298,367 | +€25,357 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | - | €3,760 | +€3,760 | |
| Trade debts | 44 | €1,078 | €7 | -€1,071 | -99.4% |
| Suppliers | 440/4 | €1,078 | €7 | -€1,071 | -99.4% |
| Taxes, remuneration and social security | 45 | €396 | €331 | -€65 | -16.4% |
| Taxes | 450/3 | €396 | €331 | -€65 | -16.4% |
| Other amounts payable | 47/48 | €271,536 | €294,269 | +€22,733 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347 | €3,072 | +€2,725 | +785% |
| Other operating charges | 640/8 | €1,314 | €870 | -€444 | -33.8% |
| Gross operating margin | 9900 | €3,560 | -€5,668 | -€9,228 | |
| Operating profit (loss) | 9901 | €1,899 | -€9,610 | -€11,509 | |
| Financial charges | 65/66B | €1,854 | €3,104 | +€1,250 | +67.4% |
| Recurring financial charges | 65 | €1,854 | €3,104 | +€1,250 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €45 | -€12,714 | -€12,759 | |
| Income taxes | 67/77 | €182 | €148 | -€34 | -18.7% |
| Profit (loss) for the period | 9904 | -€137 | -€12,862 | -€12,725 | -9,288% |
| Profit (loss) for the period to be appropriated | 9905 | -€137 | -€12,862 | -€12,725 | -9,288% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.