CARDIOMONTY: 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.
CARDIOMONTY
Largest movements
- Receivables within one year +€34,802
up €34,802 (+193%), from €18,015 to €52,817
of which Trade receivables: +€45,163
- Deferred charges and accrued income +€10,342
up €10,342 (+42.4%), from €24,379 to €34,721
- Cash -€9,386
down €9,386 (-17.1%), from €54,837 to €45,451
mainly Receivables within one year (-€34,802) and Contributions, distributions and other (-€21,225)
- Reserves +€26,267
up €26,267 (+33.9%), from €77,457 to €103,724
of which Distributable reserves: +€26,267
- Tax, wage and social debts +€18,520
new in 2025: €18,520
- Other debts -€8,480
down €8,480 (-28.5%), from €29,705 to €21,225
- Gross operating margin +€75,605
up €75,605, from -€7,850 to €67,755
- Taxes +€18,262
up €18,262 (+4,349%), from €420 to €18,682
- Depreciation -€8,133
down €8,133 (-85.1%), from €9,555 to €1,422
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 | €102,052 | €138,445 | +€36,393 | +35.7% |
| Fixed assets | 21/28 | €4,820 | €5,455 | +€635 | +13.2% |
| Tangible fixed assets | 22/27 | €3,820 | €4,455 | +€635 | +16.6% |
| Plant, machinery and equipment | 23 | €435 | €305 | -€130 | -29.8% |
| Furniture and vehicles | 24 | €553 | €1,823 | +€1,270 | +230% |
| Other tangible fixed assets | 26 | €2,832 | €2,327 | -€505 | -17.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €97,232 | €132,989 | +€35,758 | +36.8% |
| Amounts receivable within one year | 40/41 | €18,015 | €52,817 | +€34,802 | +193% |
| Trade receivables | 40 | €1,216 | €46,379 | +€45,163 | +3,715% |
| Other amounts receivable | 41 | €16,799 | €6,438 | -€10,361 | -61.7% |
| Cash at bank and in hand | 54/58 | €54,837 | €45,451 | -€9,386 | -17.1% |
| Deferred charges and accrued income | 490/1 | €24,379 | €34,721 | +€10,342 | +42.4% |
| Total equity and liabilities | 10/49 | €102,052 | €138,445 | +€36,393 | +35.7% |
| Equity | 10/15 | €70,937 | €97,205 | +€26,267 | +37.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €77,457 | €103,724 | +€26,267 | +33.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €75,597 | €101,865 | +€26,267 | +34.7% |
| Profit (loss) carried forward | 14 | -€18,919 | -€18,919 | = | 0.0% |
| Amounts payable | 17/49 | €31,114 | €41,240 | +€10,126 | +32.5% |
| Amounts payable within one year | 42/48 | €30,819 | €41,240 | +€10,421 | +33.8% |
| Trade debts | 44 | €1,114 | €1,495 | +€381 | +34.2% |
| Suppliers | 440/4 | €1,114 | €1,495 | +€381 | +34.2% |
| Taxes, remuneration and social security | 45 | - | €18,520 | +€18,520 | |
| Taxes | 450/3 | - | €18,520 | +€18,520 | |
| Other amounts payable | 47/48 | €29,705 | €21,225 | -€8,480 | -28.5% |
| Accrued charges and deferred income | 492/3 | €295 | - | -€295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,555 | €1,422 | -€8,133 | -85.1% |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | -€7,850 | €67,755 | +€75,605 | |
| Operating profit (loss) | 9901 | -€17,555 | €66,333 | +€83,889 | |
| Financial income | 75/76B | €445 | €1,014 | +€569 | +128% |
| Recurring financial income | 75 | €445 | €1,014 | +€569 | +128% |
| Financial charges | 65/66B | €1,390 | €1,174 | -€216 | -15.5% |
| Recurring financial charges | 65 | €1,366 | €1,174 | -€192 | -14.1% |
| Non-recurring financial charges | 66B | €24 | - | -€24 | |
| Profit (loss) for the period before taxes | 9903 | -€18,499 | €66,174 | +€84,673 | |
| Income taxes | 67/77 | €420 | €18,682 | +€18,262 | +4,349% |
| Profit (loss) for the period | 9904 | -€18,919 | €47,492 | +€66,412 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,919 | €47,492 | +€66,412 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.