CardioCARE: 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.
CardioCARE
Largest movements
- Current investments -€950,000
down €950,000 (-89.3%), from €1.1m to €114,292
- Cash +€884,301
up €884,301 (+1,121%), from €78,901 to €963,201
mainly Current investments (+€950,000) and Other debts (+€287,163)
- Tangible fixed assets -€16,339
down €16,339 (-29.8%), from €54,860 to €38,521
of which Furniture and vehicles: -€14,638
- Reserves -€415,100
down €415,100 (-40.5%), from €1.0m to €610,009
- Other debts +€287,163
up €287,163 (+117%), from €245,164 to €532,326
- Tax, wage and social debts +€45,114
up €45,114 (+482%), from €9,350 to €54,464
- Gross operating margin +€29,682
up €29,682 (+10.7%), from €277,685 to €307,367
- Taxes +€12,191
up €12,191 (+14.3%), from €85,089 to €97,280
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,330,795 | €1,247,811 | -€82,984 | -6.2% |
| Fixed assets | 21/28 | €54,860 | €38,521 | -€16,339 | -29.8% |
| Tangible fixed assets | 22/27 | €54,860 | €38,521 | -€16,339 | -29.8% |
| Plant, machinery and equipment | 23 | €8,970 | €7,852 | -€1,118 | -12.5% |
| Furniture and vehicles | 24 | €43,712 | €29,075 | -€14,638 | -33.5% |
| Other tangible fixed assets | 26 | €2,178 | €1,594 | -€583 | -26.8% |
| Current assets | 29/58 | €1,275,936 | €1,209,290 | -€66,646 | -5.2% |
| Amounts receivable within one year | 40/41 | €125,775 | €128,131 | +€2,356 | +1.9% |
| Trade receivables | 40 | €125,775 | €128,131 | +€2,356 | +1.9% |
| Current investments | 50/53 | €1,064,292 | €114,292 | -€950,000 | -89.3% |
| Cash at bank and in hand | 54/58 | €78,901 | €963,201 | +€884,301 | +1,121% |
| Deferred charges and accrued income | 490/1 | €6,968 | €3,665 | -€3,303 | -47.4% |
| Total equity and liabilities | 10/49 | €1,330,795 | €1,247,811 | -€82,984 | -6.2% |
| Equity | 10/15 | €1,038,704 | €623,669 | -€415,036 | -40.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,025,109 | €610,009 | -€415,100 | -40.5% |
| Distributable reserves | 133 | €1,025,109 | €610,009 | -€415,100 | -40.5% |
| Profit (loss) carried forward | 14 | €1,195 | €1,260 | +€64 | +5.4% |
| Amounts payable | 17/49 | €292,091 | €624,142 | +€332,051 | +114% |
| Amounts payable within one year | 42/48 | €292,091 | €624,142 | +€332,051 | +114% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €2,577 | €2,353 | -€225 | -8.7% |
| Suppliers | 440/4 | €2,577 | €2,353 | -€225 | -8.7% |
| Taxes, remuneration and social security | 45 | €9,350 | €54,464 | +€45,114 | +482% |
| Taxes | 450/3 | €9,350 | €54,464 | +€45,114 | +482% |
| Other amounts payable | 47/48 | €245,164 | €532,326 | +€287,163 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,527 | €18,078 | +€1,551 | +9.4% |
| Other operating charges | 640/8 | €1,504 | €1,882 | +€379 | +25.2% |
| Gross operating margin | 9900 | €277,685 | €307,367 | +€29,682 | +10.7% |
| Operating profit (loss) | 9901 | €259,654 | €287,407 | +€27,753 | +10.7% |
| Financial income | 75/76B | €21,113 | €18,159 | -€2,954 | -14.0% |
| Recurring financial income | 75 | €21,113 | €18,159 | -€2,954 | -14.0% |
| Financial charges | 65/66B | €2,074 | €2,422 | +€347 | +16.7% |
| Recurring financial charges | 65 | €2,074 | €2,422 | +€347 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €278,693 | €303,145 | +€24,452 | +8.8% |
| Income taxes | 67/77 | €85,089 | €97,280 | +€12,191 | +14.3% |
| Profit (loss) for the period | 9904 | €193,604 | €205,864 | +€12,260 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €193,604 | €205,864 | +€12,260 | +6.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.