CARDIO JACOB: 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 JACOB
Largest movements
- Intangible fixed assets -€2,083
no longer reported in 2024 (was €2,083)
- Formation expenses +€1,593
new in 2024: €1,593
- Current investments -€729
no longer reported in 2024 (was €729)
- Other debts -€9,340
down €9,340 (-52.4%), from €17,838 to €8,498
- Tax, wage and social debts +€5,723
up €5,723 (+127%), from €4,523 to €10,245
of which Remuneration and social security: +€6,007
- Trade debts +€3,992
up €3,992 (+4,875%), from €82 to €4,074
- Profit (loss) carried forward -€1,574
down €1,574 (-6.4%), from -€24,630 to -€26,204
- Gross operating margin +€63,556
up €63,556, from -€17,090 to €46,465
- Purchases and services -€42,690
no longer reported in 2024 (was €42,690)
- Staff costs +€40,093
up €40,093 (+564%), from €7,114 to €47,208
- Turnover -€25,600
no longer reported in 2024 (was €25,600)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,812 | €1,613 | -€1,199 | -42.6% |
| Formation expenses | 20 | - | €1,593 | +€1,593 | |
| Fixed assets | 21/28 | €2,083 | - | -€2,083 | |
| Intangible fixed assets | 21 | €2,083 | - | -€2,083 | |
| Current assets | 29/58 | €729 | €21 | -€708 | -97.1% |
| Current investments | 50/53 | €729 | - | -€729 | |
| Cash at bank and in hand | 54/58 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €2,812 | €1,613 | -€1,199 | -42.6% |
| Equity | 10/15 | -€19,630 | -€21,204 | -€1,574 | -8.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,630 | -€26,204 | -€1,574 | -6.4% |
| Amounts payable | 17/49 | €22,443 | €22,818 | +€375 | +1.7% |
| Amounts payable within one year | 42/48 | €22,443 | €22,818 | +€375 | +1.7% |
| Trade debts | 44 | €82 | €4,074 | +€3,992 | +4,875% |
| Suppliers | 440/4 | €82 | €4,074 | +€3,992 | +4,875% |
| Taxes, remuneration and social security | 45 | €4,523 | €10,245 | +€5,723 | +127% |
| Taxes | 450/3 | €717 | €432 | -€284 | -39.7% |
| Remuneration and social security | 454/9 | €3,806 | €9,813 | +€6,007 | +158% |
| Other amounts payable | 47/48 | €17,838 | €8,498 | -€9,340 | -52.4% |
| Turnover | 70 | €25,600 | - | -€25,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,690 | - | -€42,690 | |
| Remuneration, social security and pensions | 62 | €7,114 | €47,208 | +€40,093 | +564% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | €491 | +€120 | +32.2% |
| Other operating charges | 640/8 | - | €113 | +€113 | |
| Gross operating margin | 9900 | -€17,090 | €46,465 | +€63,556 | |
| Operating profit (loss) | 9901 | -€24,576 | -€1,346 | +€23,230 | +94.5% |
| Financial charges | 65/66B | €54 | €228 | +€174 | +319% |
| Recurring financial charges | 65 | €54 | €228 | +€174 | +319% |
| Profit (loss) for the period before taxes | 9903 | -€24,630 | -€1,574 | +€23,056 | +93.6% |
| Profit (loss) for the period | 9904 | -€24,630 | -€1,574 | +€23,056 | +93.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,630 | -€1,574 | +€23,056 | +93.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.