CARDIONEXT: what changed
Two fiscal 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.
CARDIONEXT
Largest movements
- Current investments +€36,683
up €36,683 (+13.5%), from €272,651 to €309,334
- Tangible fixed assets -€27,032
down €27,032 (-9.9%), from €273,297 to €246,265
of which Land and buildings: -€19,969
- Receivables within one year -€10,500
down €10,500 (-61.3%), from €17,133 to €6,633
- Other debts +€123,730
up €123,730 (+46.8%), from €264,307 to €388,037
- Profit (loss) carried forward -€81,467
down €81,467 (-99.5%), from €81,844 to €377
- Debts after one year -€39,315
down €39,315 (-26.5%), from €148,180 to €108,864
- Tax, wage and social debts -€8,914
down €8,914 (-73.4%), from €12,148 to €3,234
- Gross operating margin -€21,494
down €21,494 (-9.6%), from €224,697 to €203,202
- Depreciation -€6,137
down €6,137 (-11.3%), from €54,144 to €48,007
- Taxes -€3,852
down €3,852 (-10.2%), from €37,807 to €33,955
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.
Cash bridge derived
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 | €588,111 | €586,219 | -€1,893 | -0.3% |
| Fixed assets | 21/28 | €276,322 | €250,790 | -€25,532 | -9.2% |
| Tangible fixed assets | 22/27 | €273,297 | €246,265 | -€27,032 | -9.9% |
| Land and buildings | 22 | €188,042 | €168,073 | -€19,969 | -10.6% |
| Plant, machinery and equipment | 23 | €36,293 | €25,014 | -€11,278 | -31.1% |
| Furniture and vehicles | 24 | €48,962 | €53,178 | +€4,215 | +8.6% |
| Financial fixed assets | 28 | €3,025 | €4,525 | +€1,500 | +49.6% |
| Current assets | 29/58 | €311,789 | €335,429 | +€23,640 | +7.6% |
| Amounts receivable within one year | 40/41 | €17,133 | €6,633 | -€10,500 | -61.3% |
| Other amounts receivable | 41 | €17,133 | €6,633 | -€10,500 | -61.3% |
| Current investments | 50/53 | €272,651 | €309,334 | +€36,683 | +13.5% |
| Cash at bank and in hand | 54/58 | €20,079 | €15,081 | -€4,998 | -24.9% |
| Deferred charges and accrued income | 490/1 | €1,926 | €4,381 | +€2,455 | +127.5% |
| Total equity and liabilities | 10/49 | €588,111 | €586,219 | -€1,893 | -0.3% |
| Equity | 10/15 | €103,149 | €21,682 | -€81,467 | -79.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,705 | €2,705 | = | 0.0% |
| Tax-exempt reserves | 132 | €845 | €845 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,844 | €377 | -€81,467 | -99.5% |
| Amounts payable | 17/49 | €484,963 | €564,537 | +€79,574 | +16.4% |
| Amounts payable after more than one year | 17 | €148,180 | €108,864 | -€39,315 | -26.5% |
| Financial debts | 170/4 | €148,180 | €108,864 | -€39,315 | -26.5% |
| Amounts payable within one year | 42/48 | €336,717 | €455,606 | +€118,888 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €38,518 | €39,315 | +€797 | +2.1% |
| Financial debts | 43 | €20,909 | €20,887 | -€22 | -0.1% |
| Credit institutions | 430/8 | €20,909 | €20,887 | -€22 | -0.1% |
| Trade debts | 44 | €836 | €4,133 | +€3,297 | +394.5% |
| Suppliers | 440/4 | €836 | €4,133 | +€3,297 | +394.5% |
| Taxes, remuneration and social security | 45 | €12,148 | €3,234 | -€8,914 | -73.4% |
| Taxes | 450/3 | €12,148 | €3,234 | -€8,914 | -73.4% |
| Other amounts payable | 47/48 | €264,307 | €388,037 | +€123,730 | +46.8% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,144 | €48,007 | -€6,137 | -11.3% |
| Other operating charges | 640/8 | €3,775 | €3,865 | +€90 | +2.4% |
| Gross operating margin | 9900 | €224,697 | €203,202 | -€21,494 | -9.6% |
| Operating profit (loss) | 9901 | €166,778 | €151,330 | -€15,448 | -9.3% |
| Financial income | 75/76B | €2,198 | €3,489 | +€1,291 | +58.7% |
| Recurring financial income | 75 | €2,198 | €3,489 | +€1,291 | +58.7% |
| Financial charges | 65/66B | €4,887 | €4,331 | -€556 | -11.4% |
| Recurring financial charges | 65 | €4,887 | €4,331 | -€556 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €164,089 | €150,488 | -€13,601 | -8.3% |
| Income taxes | 67/77 | €37,807 | €33,955 | -€3,852 | -10.2% |
| Profit (loss) for the period | 9904 | €126,282 | €116,533 | -€9,748 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €126,282 | €116,533 | -€9,748 | -7.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.