CARDIORHYTHMICS: 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.
CARDIORHYTHMICS
Largest movements
- Cash -€62,322
down €62,322 (-64.2%), from €97,115 to €34,793
mainly Contributions, distributions and other (-€385,000) and Tax, wage and social debts (-€43,983)
- Receivables within one year +€38,404
up €38,404 (+36.1%), from €106,241 to €144,645
- Tangible fixed assets -€13,080
down €13,080 (-20.5%), from €63,933 to €50,853
of which Furniture and vehicles: -€13,080
- Other debts +€196,838
up €196,838 (+52,571%), from €374 to €197,212
- Reserves -€187,160
down €187,160 (-99.4%), from €188,309 to €1,149
- Tax, wage and social debts -€43,983
down €43,983 (-94.2%), from €46,699 to €2,716
- Gross operating margin +€68,931
up €68,931 (+32.6%), from €211,267 to €280,198
- Taxes +€14,017
up €14,017 (+30.0%), from €46,699 to €60,716
- Depreciation +€11,332
up €11,332 (+648%), from €1,748 to €13,080
- Other operating charges +€4,226
up €4,226 (+102%), from €4,135 to €8,360
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 | €270,147 | €233,563 | -€36,584 | -13.5% |
| Fixed assets | 21/28 | €63,933 | €50,853 | -€13,080 | -20.5% |
| Tangible fixed assets | 22/27 | €63,933 | €50,853 | -€13,080 | -20.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €63,933 | €50,853 | -€13,080 | -20.5% |
| Current assets | 29/58 | €206,214 | €182,709 | -€23,504 | -11.4% |
| Amounts receivable within one year | 40/41 | €106,241 | €144,645 | +€38,404 | +36.1% |
| Trade receivables | 40 | €106,241 | €144,645 | +€38,404 | +36.1% |
| Cash at bank and in hand | 54/58 | €97,115 | €34,793 | -€62,322 | -64.2% |
| Deferred charges and accrued income | 490/1 | €2,858 | €3,272 | +€413 | +14.5% |
| Total equity and liabilities | 10/49 | €270,147 | €233,563 | -€36,584 | -13.5% |
| Equity | 10/15 | €191,309 | €4,149 | -€187,160 | -97.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €188,309 | €1,149 | -€187,160 | -99.4% |
| Distributable reserves | 133 | €188,309 | €1,149 | -€187,160 | -99.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €78,838 | €229,414 | +€150,575 | +191% |
| Amounts payable within one year | 42/48 | €76,952 | €227,907 | +€150,955 | +196% |
| Trade debts | 44 | €29,879 | €27,979 | -€1,899 | -6.4% |
| Suppliers | 440/4 | €29,879 | €27,979 | -€1,899 | -6.4% |
| Taxes, remuneration and social security | 45 | €46,699 | €2,716 | -€43,983 | -94.2% |
| Taxes | 450/3 | €46,699 | €2,716 | -€43,983 | -94.2% |
| Other amounts payable | 47/48 | €374 | €197,212 | +€196,838 | +52,571% |
| Accrued charges and deferred income | 492/3 | €1,886 | €1,506 | -€380 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,748 | €13,080 | +€11,332 | +648% |
| Other operating charges | 640/8 | €4,135 | €8,360 | +€4,226 | +102% |
| Gross operating margin | 9900 | €211,267 | €280,198 | +€68,931 | +32.6% |
| Operating profit (loss) | 9901 | €205,384 | €258,758 | +€53,374 | +26.0% |
| Financial charges | 65/66B | €157 | €202 | +€45 | +28.9% |
| Recurring financial charges | 65 | €157 | €202 | +€45 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €205,228 | €258,556 | +€53,328 | +26.0% |
| Income taxes | 67/77 | €46,699 | €60,716 | +€14,017 | +30.0% |
| Profit (loss) for the period | 9904 | €158,529 | €197,840 | +€39,312 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €158,529 | €197,840 | +€39,312 | +24.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.