CardonCa: 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.
CardonCa
Largest movements
- Cash +€6,197
up €6,197 (+21.6%), from €28,722 to €34,919
mainly Net result for the year (+€9,329) and Receivables within one year (+€768)
- Receivables within one year -€768
down €768 (-7.0%), from €10,942 to €10,175
of which Trade receivables: -€5,589
- Profit (loss) carried forward +€9,329
up €9,329 (+38.4%), from €24,273 to €33,601
- Trade debts -€2,550
down €2,550 (-34.2%), from €7,457 to €4,907
- Tax, wage and social debts -€1,720
down €1,720 (-29.9%), from €5,756 to €4,036
- Gross operating margin -€10,308
down €10,308 (-44.0%), from €23,414 to €13,105
- Taxes -€2,058
down €2,058 (-39.3%), from €5,237 to €3,179
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 | €40,486 | €45,544 | +€5,058 | +12.5% |
| Fixed assets | 21/28 | €822 | €451 | -€371 | -45.1% |
| Tangible fixed assets | 22/27 | €822 | €451 | -€371 | -45.1% |
| Plant, machinery and equipment | 23 | €822 | €451 | -€371 | -45.1% |
| Current assets | 29/58 | €39,664 | €45,093 | +€5,429 | +13.7% |
| Amounts receivable within one year | 40/41 | €10,942 | €10,175 | -€768 | -7.0% |
| Trade receivables | 40 | €6,179 | €590 | -€5,589 | -90.4% |
| Other amounts receivable | 41 | €4,763 | €9,584 | +€4,821 | +101% |
| Cash at bank and in hand | 54/58 | €28,722 | €34,919 | +€6,197 | +21.6% |
| Total equity and liabilities | 10/49 | €40,486 | €45,544 | +€5,058 | +12.5% |
| Equity | 10/15 | €27,273 | €36,601 | +€9,329 | +34.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,273 | €33,601 | +€9,329 | +38.4% |
| Amounts payable | 17/49 | €13,213 | €8,943 | -€4,270 | -32.3% |
| Amounts payable within one year | 42/48 | €13,213 | €8,943 | -€4,270 | -32.3% |
| Trade debts | 44 | €7,457 | €4,907 | -€2,550 | -34.2% |
| Suppliers | 440/4 | €7,457 | €4,907 | -€2,550 | -34.2% |
| Taxes, remuneration and social security | 45 | €5,756 | €4,036 | -€1,720 | -29.9% |
| Taxes | 450/3 | €5,756 | €4,036 | -€1,720 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291 | €371 | +€80 | +27.5% |
| Other operating charges | 640/8 | €180 | €184 | +€4 | +2.2% |
| Gross operating margin | 9900 | €23,414 | €13,105 | -€10,308 | -44.0% |
| Operating profit (loss) | 9901 | €22,943 | €12,551 | -€10,392 | -45.3% |
| Financial charges | 65/66B | €8 | €43 | +€35 | +437% |
| Recurring financial charges | 65 | €8 | €43 | +€35 | +437% |
| Profit (loss) for the period before taxes | 9903 | €22,935 | €12,508 | -€10,427 | -45.5% |
| Income taxes | 67/77 | €5,237 | €3,179 | -€2,058 | -39.3% |
| Profit (loss) for the period | 9904 | €17,698 | €9,329 | -€8,370 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,698 | €9,329 | -€8,370 | -47.3% |
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 27 October 2026 via checked.be.