ECCARDIO: what changed
Two fiscal 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.
ECCARDIO
Largest movements
- Cash -€4,744
down €4,744 (-99.4%), from €4,774 to €30
mainly Net result for the year (-€11,666) and Other debts (-€5,869)
- Deferred charges and accrued income +€4,696
up €4,696 (+164.8%), from €2,850 to €7,546
- Tangible fixed assets -€1,684
down €1,684 (-42.4%), from €3,967 to €2,283
- Receivables within one year +€1,348
new in 2025: €1,348
- Accrued charges and deferred income +€18,240
new in 2025: €18,240
- Profit (loss) carried forward -€11,666
down €11,666 (-83.9%), from -€13,910 to -€25,576
- Other debts -€5,869
down €5,869 (-74.7%), from €7,852 to €1,983
- Trade debts -€3,966
no longer reported in 2025 (was €3,966)
- Tax, wage and social debts +€2,877
up €2,877 (+2335.1%), from €123 to €3,000
- Gross operating margin -€29,619
down €29,619, from €24,539 to -€5,080
- Other operating charges -€580
down €580 (-51.0%), from €1,136 to €556
- Financial charges +€477
up €477 (+16.6%), from €2,871 to €3,349
- Depreciation -€383
down €383 (-13.1%), from €2,916 to €2,533
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.
Cash bridge derived
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 | €12,291 | €11,907 | -€384 | -3.1% |
| Fixed assets | 21/28 | €4,667 | €2,983 | -€1,684 | -36.1% |
| Tangible fixed assets | 22/27 | €3,967 | €2,283 | -€1,684 | -42.4% |
| Furniture and vehicles | 24 | €3,967 | €2,283 | -€1,684 | -42.4% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €7,624 | €8,923 | +€1,300 | +17.0% |
| Amounts receivable within one year | 40/41 | - | €1,348 | +€1,348 | |
| Trade receivables | 40 | - | €1,348 | +€1,348 | |
| Cash at bank and in hand | 54/58 | €4,774 | €30 | -€4,744 | -99.4% |
| Deferred charges and accrued income | 490/1 | €2,850 | €7,546 | +€4,696 | +164.8% |
| Total equity and liabilities | 10/49 | €12,291 | €11,907 | -€384 | -3.1% |
| Equity | 10/15 | €350 | -€11,316 | -€11,666 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,910 | -€25,576 | -€11,666 | -83.9% |
| Amounts payable | 17/49 | €11,941 | €23,223 | +€11,282 | +94.5% |
| Amounts payable within one year | 42/48 | €11,941 | €4,983 | -€6,958 | -58.3% |
| Trade debts | 44 | €3,966 | - | -€3,966 | |
| Suppliers | 440/4 | €3,966 | - | -€3,966 | |
| Taxes, remuneration and social security | 45 | €123 | €3,000 | +€2,877 | +2335.1% |
| Taxes | 450/3 | €123 | €3,000 | +€2,877 | +2335.1% |
| Other amounts payable | 47/48 | €7,852 | €1,983 | -€5,869 | -74.7% |
| Accrued charges and deferred income | 492/3 | - | €18,240 | +€18,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,916 | €2,533 | -€383 | -13.1% |
| Other operating charges | 640/8 | €1,136 | €556 | -€580 | -51.0% |
| Gross operating margin | 9900 | €24,539 | -€5,080 | -€29,619 | |
| Operating profit (loss) | 9901 | €20,487 | -€8,170 | -€28,657 | |
| Financial charges | 65/66B | €2,871 | €3,349 | +€477 | +16.6% |
| Recurring financial charges | 65 | €2,871 | €3,349 | +€477 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €17,616 | -€11,518 | -€29,134 | |
| Income taxes | 67/77 | - | €148 | +€148 | |
| Profit (loss) for the period | 9904 | €17,616 | -€11,666 | -€29,282 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,616 | -€11,666 | -€29,282 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.