CARDIOPLUS: 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.
CARDIOPLUS
Largest movements
- Cash -€39,166
down €39,166 (-55.7%), from €70,348 to €31,182
mainly Other debts (-€143,726) and Deferred charges and accrued income (-€21,144)
- Intangible fixed assets -€24,000
down €24,000 (-11.3%), from €212,778 to €188,778
- Deferred charges and accrued income +€21,144
up €21,144 (+215%), from €9,812 to €30,956
- Receivables within one year -€17,256
no longer reported in 2025 (was €17,256)
- Tangible fixed assets -€4,504
down €4,504 (-13.5%), from €33,295 to €28,792
of which Plant, machinery and equipment: -€3,506
- Other debts -€143,726
down €143,726 (-81.5%), from €176,430 to €32,704
- Profit (loss) carried forward +€93,025
up €93,025 (+13,758%), from €676 to €93,701
- Tax, wage and social debts -€13,822
down €13,822 (-59.1%), from €23,384 to €9,562
- Gross operating margin +€34,936
up €34,936 (+30.9%), from €113,127 to €148,063
- Taxes +€8,634
up €8,634 (+48.7%), from €17,744 to €26,378
- Other operating charges -€2,045
no longer reported in 2025 (was €2,045)
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 | €343,490 | €279,707 | -€63,782 | -18.6% |
| Fixed assets | 21/28 | €246,074 | €217,570 | -€28,504 | -11.6% |
| Intangible fixed assets | 21 | €212,778 | €188,778 | -€24,000 | -11.3% |
| Tangible fixed assets | 22/27 | €33,295 | €28,792 | -€4,504 | -13.5% |
| Plant, machinery and equipment | 23 | €30,751 | €27,244 | -€3,506 | -11.4% |
| Furniture and vehicles | 24 | €1,877 | €962 | -€915 | -48.8% |
| Other tangible fixed assets | 26 | €667 | €585 | -€82 | -12.3% |
| Current assets | 29/58 | €97,416 | €62,138 | -€35,279 | -36.2% |
| Amounts receivable within one year | 40/41 | €17,256 | - | -€17,256 | |
| Other amounts receivable | 41 | €17,256 | - | -€17,256 | |
| Cash at bank and in hand | 54/58 | €70,348 | €31,182 | -€39,166 | -55.7% |
| Deferred charges and accrued income | 490/1 | €9,812 | €30,956 | +€21,144 | +215% |
| Total equity and liabilities | 10/49 | €343,490 | €279,707 | -€63,782 | -18.6% |
| Equity | 10/15 | €143,676 | €236,701 | +€93,025 | +64.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €141,000 | €141,000 | = | 0.0% |
| Distributable reserves | 133 | €141,000 | €141,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €676 | €93,701 | +€93,025 | +13,758% |
| Amounts payable | 17/49 | €199,814 | €43,007 | -€156,807 | -78.5% |
| Amounts payable within one year | 42/48 | €199,814 | €43,007 | -€156,807 | -78.5% |
| Trade debts | 44 | - | €741 | +€741 | |
| Suppliers | 440/4 | - | €741 | +€741 | |
| Taxes, remuneration and social security | 45 | €23,384 | €9,562 | -€13,822 | -59.1% |
| Taxes | 450/3 | €23,384 | €9,562 | -€13,822 | -59.1% |
| Other amounts payable | 47/48 | €176,430 | €32,704 | -€143,726 | -81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,884 | €28,504 | +€620 | +2.2% |
| Other operating charges | 640/8 | €2,045 | - | -€2,045 | |
| Gross operating margin | 9900 | €113,127 | €148,063 | +€34,936 | +30.9% |
| Operating profit (loss) | 9901 | €83,199 | €119,560 | +€36,361 | +43.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €115 | €158 | +€42 | +36.8% |
| Recurring financial charges | 65 | €115 | €158 | +€42 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €83,084 | €119,402 | +€36,318 | +43.7% |
| Income taxes | 67/77 | €17,744 | €26,378 | +€8,634 | +48.7% |
| Profit (loss) for the period | 9904 | €65,341 | €93,025 | +€27,684 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,341 | €93,025 | +€27,684 | +42.4% |
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 26 October 2026 via checked.be.