CARDIO PH HENRY: what changed
CARDIO PH HENRY
Largest movements
- Cash -€13,488
down €13,488 (-6.8%), from €197,863 to €184,374
mainly Net result for the year (-€5,865) and Tax, wage and social debts (-€5,861)
- Profit (loss) carried forward -€5,865
down €5,865, from €1,531 to -€4,334
- Tax, wage and social debts -€5,861
down €5,861 (-70.4%), from €8,323 to €2,462
of which Taxes: -€5,945
- Trade debts -€3,185
down €3,185 (-69.9%), from €4,557 to €1,372
- Gross operating margin -€9,759
down €9,759 (-47.9%), from €20,386 to €10,627
- Taxes -€1,792
down €1,792 (-78.5%), from €2,284 to €492
- Financial income +€916
up €916 (+158%), from €578 to €1,494
- Depreciation -€273
down €273 (-12.2%), from €2,243 to €1,970
- Staff costs +€238
up €238 (+1.7%), from €14,341 to €14,578
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,185 | €189,265 | -€16,920 | -8.2% |
| Fixed assets | 21/28 | €5,114 | €4,144 | -€970 | -19.0% |
| Tangible fixed assets | 22/27 | €5,114 | €4,144 | -€970 | -19.0% |
| Furniture and vehicles | 24 | €1,201 | €601 | -€600 | -50.0% |
| Other tangible fixed assets | 26 | €3,913 | €3,543 | -€370 | -9.5% |
| Current assets | 29/58 | €201,071 | €185,121 | -€15,950 | -7.9% |
| Stocks and contracts in progress | 3 | €2,000 | - | -€2,000 | |
| Stocks | 30/36 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €197,863 | €184,374 | -€13,488 | -6.8% |
| Deferred charges and accrued income | 490/1 | €1,208 | €747 | -€461 | -38.2% |
| Total equity and liabilities | 10/49 | €206,185 | €189,265 | -€16,920 | -8.2% |
| Equity | 10/15 | €185,011 | €179,146 | -€5,865 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €164,880 | €164,880 | = | 0.0% |
| Distributable reserves | 133 | €164,880 | €164,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,531 | -€4,334 | -€5,865 | |
| Amounts payable | 17/49 | €21,174 | €10,119 | -€11,055 | -52.2% |
| Amounts payable within one year | 42/48 | €21,174 | €10,119 | -€11,055 | -52.2% |
| Trade debts | 44 | €4,557 | €1,372 | -€3,185 | -69.9% |
| Suppliers | 440/4 | €4,557 | €1,372 | -€3,185 | -69.9% |
| Taxes, remuneration and social security | 45 | €8,323 | €2,462 | -€5,861 | -70.4% |
| Taxes | 450/3 | €5,945 | - | -€5,945 | |
| Remuneration and social security | 454/9 | €2,378 | €2,462 | +€84 | +3.5% |
| Other amounts payable | 47/48 | €8,294 | €6,285 | -€2,008 | -24.2% |
| Non-recurring operating income | 76A | €1,595 | - | -€1,595 | |
| Remuneration, social security and pensions | 62 | €14,341 | €14,578 | +€238 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,243 | €1,970 | -€273 | -12.2% |
| Other operating charges | 640/8 | €787 | €803 | +€15 | +1.9% |
| Gross operating margin | 9900 | €20,386 | €10,627 | -€9,759 | -47.9% |
| Operating profit (loss) | 9901 | €3,015 | -€6,724 | -€9,739 | |
| Financial income | 75/76B | €578 | €1,494 | +€916 | +158% |
| Recurring financial income | 75 | €578 | €1,494 | +€916 | +158% |
| Financial charges | 65/66B | €153 | €144 | -€9 | -5.7% |
| Recurring financial charges | 65 | €153 | €144 | -€9 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €3,441 | -€5,373 | -€8,814 | |
| Income taxes | 67/77 | €2,284 | €492 | -€1,792 | -78.5% |
| Profit (loss) for the period | 9904 | €1,157 | -€5,865 | -€7,022 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,157 | -€5,865 | -€7,022 |
Next steps
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 2 November 2026 via checked.be.