CARDIOKOR: 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.
CARDIOKOR
Largest movements
- Cash +€27,523
up €27,523 (+80.6%), from €34,156 to €61,680
mainly Net result for the year (+€14,020) and Depreciation (+€12,698)
- Tangible fixed assets -€12,698
down €12,698 (-7.7%), from €165,369 to €152,671
of which Land and buildings: -€10,335
- Reserves +€14,020
up €14,020 (+708%), from €1,980 to €16,000
of which Distributable reserves: +€14,020
- Current portion of long-term debt -€3,915
down €3,915 (-100%), from €3,915 to €0
- Other debts +€2,525
up €2,525 (+5.2%), from €48,543 to €51,068
- Tax, wage and social debts +€2,279
up €2,279 (+282%), from €808 to €3,086
- Taxes +€1,279
up €1,279 (+24.1%), from €5,308 to €6,586
- Gross operating margin -€1,223
down €1,223 (-3.5%), from €35,433 to €34,210
- Financial charges -€847
down €847 (-72.0%), from €1,176 to €329
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 | €199,906 | €214,732 | +€14,826 | +7.4% |
| Fixed assets | 21/28 | €165,529 | €152,831 | -€12,698 | -7.7% |
| Tangible fixed assets | 22/27 | €165,369 | €152,671 | -€12,698 | -7.7% |
| Land and buildings | 22 | €157,159 | €146,824 | -€10,335 | -6.6% |
| Furniture and vehicles | 24 | €8,210 | €5,847 | -€2,363 | -28.8% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €34,377 | €61,901 | +€27,523 | +80.1% |
| Current investments | 50/53 | €221 | €221 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,156 | €61,680 | +€27,523 | +80.6% |
| Total equity and liabilities | 10/49 | €199,906 | €214,732 | +€14,826 | +7.4% |
| Equity | 10/15 | €145,875 | €159,895 | +€14,020 | +9.6% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €1,980 | €16,000 | +€14,020 | +708% |
| Non-distributable reserves | 130/1 | €1,980 | €1,980 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,980 | €1,980 | = | 0.0% |
| Distributable reserves | 133 | - | €14,020 | +€14,020 | |
| Profit (loss) carried forward | 14 | €124,095 | €124,095 | = | 0.0% |
| Amounts payable | 17/49 | €54,032 | €54,837 | +€805 | +1.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €53,644 | €54,437 | +€793 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €3,915 | €0 | -€3,915 | -100% |
| Trade debts | 44 | €379 | €283 | -€96 | -25.3% |
| Suppliers | 440/4 | €379 | €283 | -€96 | -25.3% |
| Taxes, remuneration and social security | 45 | €808 | €3,086 | +€2,279 | +282% |
| Taxes | 450/3 | €808 | €3,086 | +€2,279 | +282% |
| Other amounts payable | 47/48 | €48,543 | €51,068 | +€2,525 | +5.2% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,698 | €12,698 | = | 0.0% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Gross operating margin | 9900 | €35,433 | €34,210 | -€1,223 | -3.5% |
| Operating profit (loss) | 9901 | €22,158 | €20,919 | -€1,240 | -5.6% |
| Financial income | 75/76B | €0 | €17 | +€17 | |
| Recurring financial income | 75 | €0 | €17 | +€17 | |
| Financial charges | 65/66B | €1,176 | €329 | -€847 | -72.0% |
| Recurring financial charges | 65 | €1,176 | €329 | -€847 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €20,982 | €20,607 | -€375 | -1.8% |
| Income taxes | 67/77 | €5,308 | €6,586 | +€1,279 | +24.1% |
| Profit (loss) for the period | 9904 | €15,674 | €14,020 | -€1,654 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,674 | €14,020 | -€1,654 | -10.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.