CARDIOSINA: 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.
CARDIOSINA
Largest movements
- Cash -€51,430
down €51,430 (-30.9%), from €166,648 to €115,218
- Current investments -€17,332
down €17,332 (-25.6%), from €67,799 to €50,467
- Tangible fixed assets -€9,627
down €9,627 (-9.0%), from €107,288 to €97,661
of which Land and buildings: -€27,301
- Receivables within one year -€7,068
no longer reported in 2024 (was €7,068)
- Profit (loss) carried forward -€27,860
down €27,860, from €253 to -€27,607
- Debts after one year -€25,300
down €25,300 (-25.0%), from €101,200 to €75,900
- Other debts -€19,359
down €19,359 (-53.6%), from €36,107 to €16,748
- Tax, wage and social debts -€8,835
no longer reported in 2024 (was €8,835)
of which Taxes: -€7,461
- Gross operating margin -€22,192
down €22,192 (-63.5%), from €34,941 to €12,749
- Taxes -€6,229
down €6,229 (-55.0%), from €11,327 to €5,098
- Depreciation +€5,485
up €5,485 (+40.0%), from €13,717 to €19,202
- Other operating charges -€801
down €801 (-25.5%), from €3,140 to €2,338
- Financial charges +€390
up €390 (+22.3%), from €1,748 to €2,138
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €349,695 | €264,768 | -€84,927 | -24.3% |
| Fixed assets | 21/28 | €107,288 | €97,661 | -€9,627 | -9.0% |
| Tangible fixed assets | 22/27 | €107,288 | €97,661 | -€9,627 | -9.0% |
| Land and buildings | 22 | €107,288 | €79,987 | -€27,301 | -25.4% |
| Furniture and vehicles | 24 | €0 | €17,675 | +€17,674 | +176,744,900% |
| Current assets | 29/58 | €242,407 | €167,107 | -€75,300 | -31.1% |
| Amounts receivable within one year | 40/41 | €7,068 | - | -€7,068 | |
| Trade receivables | 40 | €7,068 | - | -€7,068 | |
| Current investments | 50/53 | €67,799 | €50,467 | -€17,332 | -25.6% |
| Cash at bank and in hand | 54/58 | €166,648 | €115,218 | -€51,430 | -30.9% |
| Deferred charges and accrued income | 490/1 | €892 | €1,422 | +€531 | +59.5% |
| Total equity and liabilities | 10/49 | €349,695 | €264,768 | -€84,927 | -24.3% |
| Equity | 10/15 | €187,235 | €159,375 | -€27,860 | -14.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €174,582 | €174,582 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €153,972 | €153,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €253 | -€27,607 | -€27,860 | |
| Amounts payable | 17/49 | €162,460 | €105,393 | -€57,067 | -35.1% |
| Amounts payable after more than one year | 17 | €101,200 | €75,900 | -€25,300 | -25.0% |
| Financial debts | 170/4 | €101,200 | €75,900 | -€25,300 | -25.0% |
| Amounts payable within one year | 42/48 | €59,537 | €29,493 | -€30,044 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €12,650 | €12,650 | = | 0.0% |
| Trade debts | 44 | €1,946 | €95 | -€1,850 | -95.1% |
| Suppliers | 440/4 | €1,946 | €95 | -€1,850 | -95.1% |
| Taxes, remuneration and social security | 45 | €8,835 | - | -€8,835 | |
| Taxes | 450/3 | €7,461 | - | -€7,461 | |
| Remuneration and social security | 454/9 | €1,374 | - | -€1,374 | |
| Other amounts payable | 47/48 | €36,107 | €16,748 | -€19,359 | -53.6% |
| Accrued charges and deferred income | 492/3 | €1,723 | - | -€1,723 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,717 | €19,202 | +€5,485 | +40.0% |
| Other operating charges | 640/8 | €3,140 | €2,338 | -€801 | -25.5% |
| Gross operating margin | 9900 | €34,941 | €12,749 | -€22,192 | -63.5% |
| Operating profit (loss) | 9901 | €18,085 | -€8,791 | -€26,876 | |
| Financial charges | 65/66B | €1,748 | €2,138 | +€390 | +22.3% |
| Recurring financial charges | 65 | €1,748 | €2,138 | +€390 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €16,336 | -€10,930 | -€27,266 | |
| Income taxes | 67/77 | €11,327 | €5,098 | -€6,229 | -55.0% |
| Profit (loss) for the period | 9904 | €5,009 | -€16,028 | -€21,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,009 | -€16,028 | -€21,037 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.