Cardio Leone: 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 Leone
Largest movements
- Receivables after one year -€221,691
down €221,691 (-50.8%), from €436,691 to €215,000
- Tangible fixed assets -€9,405
down €9,405 (-62.9%), from €14,959 to €5,554
of which Leasing and similar rights: -€9,663
- Cash +€7,282
up €7,282 (+14.0%), from €51,922 to €59,204
mainly Receivables after one year (+€221,691) and Net result for the year (+€19,894)
- Profit (loss) carried forward -€100,000
down €100,000 (-41.9%), from €238,380 to €138,380
- Other debts -€71,692
down €71,692 (-82.4%), from €87,024 to €15,332
- Reserves -€47,606
down €47,606 (-25.3%), from €187,850 to €140,244
of which Distributable reserves: -€47,606
- Current portion of long-term debt -€6,060
down €6,060 (-100%), from €6,060 to €0
- Gross operating margin +€20,816
up €20,816 (+28.0%), from €74,386 to €95,202
- Financial income -€6,956
down €6,956 (-67.4%), from €10,315 to €3,359
- Taxes +€6,465
up €6,465 (+143%), from €4,519 to €10,984
- Financial charges -€6,347
down €6,347 (-10.3%), from €61,421 to €55,074
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 | €550,219 | €326,045 | -€224,174 | -40.7% |
| Fixed assets | 21/28 | €14,959 | €5,554 | -€9,405 | -62.9% |
| Tangible fixed assets | 22/27 | €14,959 | €5,554 | -€9,405 | -62.9% |
| Furniture and vehicles | 24 | €2,464 | €2,722 | +€258 | +10.5% |
| Leasing and similar rights | 25 | €12,495 | €2,833 | -€9,663 | -77.3% |
| Current assets | 29/58 | €535,260 | €320,491 | -€214,769 | -40.1% |
| Amounts receivable after more than one year | 29 | €436,691 | €215,000 | -€221,691 | -50.8% |
| Other amounts receivable | 291 | €436,691 | €215,000 | -€221,691 | -50.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €51,922 | €59,204 | +€7,282 | +14.0% |
| Deferred charges and accrued income | 490/1 | €46,647 | €46,287 | -€360 | -0.8% |
| Total equity and liabilities | 10/49 | €550,219 | €326,045 | -€224,174 | -40.7% |
| Equity | 10/15 | €438,630 | €291,024 | -€147,606 | -33.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €187,850 | €140,244 | -€47,606 | -25.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €187,850 | €140,244 | -€47,606 | -25.3% |
| Profit (loss) carried forward | 14 | €238,380 | €138,380 | -€100,000 | -41.9% |
| Amounts payable | 17/49 | €111,589 | €35,021 | -€76,568 | -68.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €111,589 | €35,007 | -€76,582 | -68.6% |
| Current portion of amounts payable after more than one year | 42 | €6,060 | €0 | -€6,060 | -100% |
| Financial debts | 43 | €10,787 | €10,860 | +€73 | +0.7% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €10,787 | €10,860 | +€73 | +0.7% |
| Trade debts | 44 | - | €135 | +€135 | |
| Suppliers | 440/4 | - | €135 | +€135 | |
| Taxes, remuneration and social security | 45 | €7,718 | €8,680 | +€962 | +12.5% |
| Taxes | 450/3 | €7,718 | €8,680 | +€962 | +12.5% |
| Other amounts payable | 47/48 | €87,024 | €15,332 | -€71,692 | -82.4% |
| Accrued charges and deferred income | 492/3 | - | €14 | +€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,384 | €11,384 | = | 0.0% |
| Other operating charges | 640/8 | €1,387 | €1,225 | -€162 | -11.7% |
| Gross operating margin | 9900 | €74,386 | €95,202 | +€20,816 | +28.0% |
| Operating profit (loss) | 9901 | €61,615 | €82,593 | +€20,978 | +34.0% |
| Financial income | 75/76B | €10,315 | €3,359 | -€6,956 | -67.4% |
| Recurring financial income | 75 | €10,315 | €3,359 | -€6,956 | -67.4% |
| Financial charges | 65/66B | €61,421 | €55,074 | -€6,347 | -10.3% |
| Recurring financial charges | 65 | €61,421 | €55,074 | -€6,347 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €10,509 | €30,878 | +€20,368 | +194% |
| Income taxes | 67/77 | €4,519 | €10,984 | +€6,465 | +143% |
| Profit (loss) for the period | 9904 | €5,990 | €19,894 | +€13,904 | +232% |
| Profit (loss) for the period to be appropriated | 9905 | €5,990 | €19,894 | +€13,904 | +232% |
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 20 October 2026 via checked.be.