CARDIO-JOLY: 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-JOLY
Largest movements
- Receivables within one year +€90,166
up €90,166 (+46.7%), from €193,013 to €283,179
- Cash +€19,692
up €19,692 (+251%), from €7,830 to €27,522
mainly Net result for the year (+€124,779) and Tax, wage and social debts (+€7,244)
- Deferred charges and accrued income +€8,669
up €8,669 (+14.9%), from €58,161 to €66,830
- Reserves +€124,779
up €124,779 (+30.9%), from €404,213 to €528,992
- Debts after one year -€14,302
down €14,302 (-54.5%), from €26,219 to €11,917
- Tax, wage and social debts +€7,244
up €7,244 (+16.8%), from €43,082 to €50,326
- Gross operating margin +€40,373
up €40,373 (+31.5%), from €128,151 to €168,523
- Taxes +€15,244
up €15,244 (+35.4%), from €43,082 to €58,326
- Financial income +€8,430
up €8,430 (+55.3%), from €15,240 to €23,670
- Depreciation +€1,745
up €1,745 (+132%), from €1,323 to €3,067
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 | €545,122 | €662,130 | +€117,008 | +21.5% |
| Fixed assets | 21/28 | €6,118 | €4,600 | -€1,518 | -24.8% |
| Tangible fixed assets | 22/27 | €6,118 | €4,600 | -€1,518 | -24.8% |
| Furniture and vehicles | 24 | €6,118 | €4,600 | -€1,518 | -24.8% |
| Current assets | 29/58 | €539,004 | €657,530 | +€118,527 | +22.0% |
| Amounts receivable after more than one year | 29 | €280,000 | €280,000 | = | 0.0% |
| Other amounts receivable | 291 | €280,000 | €280,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €193,013 | €283,179 | +€90,166 | +46.7% |
| Other amounts receivable | 41 | €193,013 | €283,179 | +€90,166 | +46.7% |
| Cash at bank and in hand | 54/58 | €7,830 | €27,522 | +€19,692 | +251% |
| Deferred charges and accrued income | 490/1 | €58,161 | €66,830 | +€8,669 | +14.9% |
| Total equity and liabilities | 10/49 | €545,122 | €662,130 | +€117,008 | +21.5% |
| Equity | 10/15 | €460,013 | €584,792 | +€124,779 | +27.1% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €404,213 | €528,992 | +€124,779 | +30.9% |
| Distributable reserves | 133 | €404,213 | €528,992 | +€124,779 | +30.9% |
| Amounts payable | 17/49 | €85,109 | €77,338 | -€7,771 | -9.1% |
| Amounts payable after more than one year | 17 | €26,219 | €11,917 | -€14,302 | -54.5% |
| Financial debts | 170/4 | €26,219 | €11,917 | -€14,302 | -54.5% |
| Amounts payable within one year | 42/48 | €58,890 | €65,421 | +€6,531 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €14,252 | €14,302 | +€50 | +0.4% |
| Trade debts | 44 | €1,556 | €793 | -€763 | -49.0% |
| Suppliers | 440/4 | €1,556 | €793 | -€763 | -49.0% |
| Taxes, remuneration and social security | 45 | €43,082 | €50,326 | +€7,244 | +16.8% |
| Taxes | 450/3 | €43,082 | €50,326 | +€7,244 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,323 | €3,067 | +€1,745 | +132% |
| Other operating charges | 640/8 | €1,211 | €1,043 | -€168 | -13.9% |
| Gross operating margin | 9900 | €128,151 | €168,523 | +€40,373 | +31.5% |
| Operating profit (loss) | 9901 | €125,617 | €164,413 | +€38,796 | +30.9% |
| Financial income | 75/76B | €15,240 | €23,670 | +€8,430 | +55.3% |
| Recurring financial income | 75 | €15,240 | €23,670 | +€8,430 | +55.3% |
| Financial charges | 65/66B | €5,266 | €4,979 | -€288 | -5.5% |
| Recurring financial charges | 65 | €5,159 | €4,879 | -€280 | -5.4% |
| Non-recurring financial charges | 66B | €107 | €99 | -€8 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €135,590 | €183,105 | +€47,514 | +35.0% |
| Income taxes | 67/77 | €43,082 | €58,326 | +€15,244 | +35.4% |
| Profit (loss) for the period | 9904 | €92,508 | €124,779 | +€32,271 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €92,508 | €124,779 | +€32,271 | +34.9% |
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 21 October 2026 via checked.be.