CARDIOSURGICALE: 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.
CARDIOSURGICALE
Largest movements
- Tangible fixed assets +€94,322
up €94,322 (+598%), from €15,765 to €110,086
of which Furniture and vehicles: +€94,322
- Cash -€61,183
down €61,183 (-56.2%), from €108,829 to €47,646
mainly Contributions, distributions and other (-€120,372) and Investment in fixed assets (net) (-€101,919)
- Other debts +€26,188
up €26,188 (+26.1%), from €100,329 to €126,517
- Tax, wage and social debts +€24,991
up €24,991 (+417%), from €6,000 to €30,991
of which Taxes: +€18,991
- Reserves -€14,801
down €14,801 (-4.2%), from €350,203 to €335,402
- Turnover -€413,424
no longer reported in 2025 (was €413,424)
- Purchases and services -€322,867
no longer reported in 2025 (was €322,867)
- Gross operating margin +€54,163
up €54,163 (+58.0%), from €93,443 to €147,606
- Taxes +€17,539
up €17,539 (+70.7%), from €24,820 to €42,358
- Financial income +€11,121
up €11,121 (+2,744%), from €405 to €11,526
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 | €460,597 | €495,829 | +€35,231 | +7.6% |
| Fixed assets | 21/28 | €15,790 | €110,111 | +€94,322 | +597% |
| Tangible fixed assets | 22/27 | €15,765 | €110,086 | +€94,322 | +598% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €15,765 | €110,086 | +€94,322 | +598% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €444,808 | €385,717 | -€59,090 | -13.3% |
| Amounts receivable within one year | 40/41 | €186,188 | €188,566 | +€2,378 | +1.3% |
| Trade receivables | 40 | €151,751 | €173,386 | +€21,635 | +14.3% |
| Other amounts receivable | 41 | €34,438 | €15,180 | -€19,257 | -55.9% |
| Current investments | 50/53 | €147,420 | €147,420 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,829 | €47,646 | -€61,183 | -56.2% |
| Deferred charges and accrued income | 490/1 | €2,371 | €2,085 | -€285 | -12.0% |
| Total equity and liabilities | 10/49 | €460,597 | €495,829 | +€35,231 | +7.6% |
| Equity | 10/15 | €350,204 | €335,403 | -€14,801 | -4.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €350,203 | €335,402 | -€14,801 | -4.2% |
| Distributable reserves | 133 | €350,203 | €335,402 | -€14,801 | -4.2% |
| Amounts payable | 17/49 | €110,393 | €160,426 | +€50,033 | +45.3% |
| Amounts payable within one year | 42/48 | €108,893 | €158,926 | +€50,033 | +45.9% |
| Trade debts | 44 | €2,564 | €1,418 | -€1,145 | -44.7% |
| Suppliers | 440/4 | €2,564 | €1,418 | -€1,145 | -44.7% |
| Taxes, remuneration and social security | 45 | €6,000 | €30,991 | +€24,991 | +417% |
| Taxes | 450/3 | €6,000 | €24,991 | +€18,991 | +317% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €100,329 | €126,517 | +€26,188 | +26.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Turnover | 70 | €413,424 | - | -€413,424 | |
| Goods, raw materials, services and sundry goods | 60/61 | €322,867 | - | -€322,867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,151 | €7,598 | +€6,447 | +560% |
| Other operating charges | 640/8 | €1,564 | €3,257 | +€1,694 | +108% |
| Non-recurring operating charges | 66A | - | €25 | +€25 | |
| Gross operating margin | 9900 | €93,443 | €147,606 | +€54,163 | +58.0% |
| Operating profit (loss) | 9901 | €90,728 | €136,726 | +€45,998 | +50.7% |
| Financial income | 75/76B | €405 | €11,526 | +€11,121 | +2,744% |
| Recurring financial income | 75 | €405 | €11,526 | +€11,121 | +2,744% |
| Financial charges | 65/66B | €3,852 | €322 | -€3,529 | -91.6% |
| Recurring financial charges | 65 | €3,852 | €322 | -€3,529 | -91.6% |
| Profit (loss) for the period before taxes | 9903 | €87,282 | €147,929 | +€60,648 | +69.5% |
| Income taxes | 67/77 | €24,820 | €42,358 | +€17,539 | +70.7% |
| Profit (loss) for the period | 9904 | €62,462 | €105,571 | +€43,109 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,462 | €105,571 | +€43,109 | +69.0% |
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 20 October 2026 via checked.be.