Cardiurg: 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.
Cardiurg
Largest movements
- Cash +€48,622
up €48,622 (+802%), from €6,060 to €54,681
mainly Net result for the year (+€84,636) and Tax, wage and social debts (+€21,093)
- Deferred charges and accrued income +€32,230
up €32,230 (+4,051%), from €796 to €33,026
- Tangible fixed assets -€8,112
down €8,112 (-13.7%), from €59,168 to €51,055
of which Furniture and vehicles: -€8,112
- Profit (loss) carried forward +€84,636
up €84,636, from -€16,662 to €67,975
- Tax, wage and social debts +€21,093
up €21,093 (+677%), from €3,114 to €24,207
of which Taxes: +€19,593
- Other debts -€20,969
down €20,969 (-94.0%), from €22,311 to €1,342
- Debts after one year -€10,130
down €10,130 (-24.4%), from €41,583 to €31,453
- Accrued charges and deferred income -€1,500
no longer reported in 2025 (was €1,500)
- Gross operating margin +€131,351
up €131,351, from -€10,795 to €120,556
- Taxes +€18,073
up €18,073 (+13,568%), from €133 to €18,207
- Depreciation +€12,626
up €12,626 (+38,921%), from €32 to €12,658
- Other operating charges -€4,125
down €4,125 (-54.1%), from €7,630 to €3,505
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 | €66,120 | €138,762 | +€72,642 | +110% |
| Fixed assets | 21/28 | €59,168 | €51,055 | -€8,112 | -13.7% |
| Tangible fixed assets | 22/27 | €59,168 | €51,055 | -€8,112 | -13.7% |
| Furniture and vehicles | 24 | €59,168 | €51,055 | -€8,112 | -13.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €6,952 | €87,707 | +€80,755 | +1,162% |
| Amounts receivable within one year | 40/41 | €97 | - | -€97 | |
| Other amounts receivable | 41 | €97 | - | -€97 | |
| Cash at bank and in hand | 54/58 | €6,060 | €54,681 | +€48,622 | +802% |
| Deferred charges and accrued income | 490/1 | €796 | €33,026 | +€32,230 | +4,051% |
| Total equity and liabilities | 10/49 | €66,120 | €138,762 | +€72,642 | +110% |
| Equity | 10/15 | -€13,662 | €70,975 | +€84,636 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,662 | €67,975 | +€84,636 | |
| Amounts payable | 17/49 | €79,781 | €67,787 | -€11,994 | -15.0% |
| Amounts payable after more than one year | 17 | €41,583 | €31,453 | -€10,130 | -24.4% |
| Financial debts | 170/4 | €41,583 | €31,453 | -€10,130 | -24.4% |
| Amounts payable within one year | 42/48 | €36,698 | €36,334 | -€364 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €9,813 | €10,130 | +€317 | +3.2% |
| Trade debts | 44 | €1,461 | €656 | -€805 | -55.1% |
| Suppliers | 440/4 | €1,461 | €656 | -€805 | -55.1% |
| Taxes, remuneration and social security | 45 | €3,114 | €24,207 | +€21,093 | +677% |
| Taxes | 450/3 | €3,114 | €22,707 | +€19,593 | +629% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €22,311 | €1,342 | -€20,969 | -94.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32 | €12,658 | +€12,626 | +38,921% |
| Other operating charges | 640/8 | €7,630 | €3,505 | -€4,125 | -54.1% |
| Gross operating margin | 9900 | -€10,795 | €120,556 | +€131,351 | |
| Operating profit (loss) | 9901 | -€18,458 | €104,393 | +€122,850 | |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €463 | €1,577 | +€1,114 | +241% |
| Recurring financial charges | 65 | €463 | €1,577 | +€1,114 | +241% |
| Profit (loss) for the period before taxes | 9903 | -€18,920 | €102,843 | +€121,763 | |
| Income taxes | 67/77 | €133 | €18,207 | +€18,073 | +13,568% |
| Profit (loss) for the period | 9904 | -€19,054 | €84,636 | +€103,690 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,054 | €84,636 | +€103,690 |
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 23 October 2026 via checked.be.