KARDIANI: 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.
KARDIANI
Largest movements
- Receivables within one year -€4,359
down €4,359 (-100.0%), from €4,359 to €0
- Profit (loss) carried forward -€1,934
down €1,934 (-0.1%), from -€2.2m to -€2.2m
- Other debts -€1,000
down €1,000 (-0.1%), from €1.2m to €1.2m
- Gross operating margin +€47
up €47 (+4.4%), from -€1,086 to -€1,039
- Other operating charges +€33
up €33 (+8.6%), from €387 to €421
- Financial charges -€32
down €32 (-6.3%), from €507 to €475
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 | €54,361 | €50,007 | -€4,354 | -8.0% |
| Fixed assets | 21/28 | €50,000 | €50,000 | = | 0.0% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €4,361 | €7 | -€4,354 | -99.8% |
| Amounts receivable within one year | 40/41 | €4,359 | €0 | -€4,359 | -100.0% |
| Other amounts receivable | 41 | €4,359 | €0 | -€4,359 | -100.0% |
| Cash at bank and in hand | 54/58 | €2 | €7 | +€5 | +299.4% |
| Total equity and liabilities | 10/49 | €54,361 | €50,007 | -€4,354 | -8.0% |
| Equity | 10/15 | -€1,179,956 | -€1,181,890 | -€1,934 | -0.2% |
| Contributions | 10/11 | €1,062,000 | €1,062,000 | = | 0.0% |
| Capital | 10 | €1,062,000 | €1,062,000 | = | 0.0% |
| Issued capital | 100 | €1,062,000 | €1,062,000 | = | 0.0% |
| Reserves | 13 | €1 | €1 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1 | €1 | = | 0.0% |
| Legal reserve | 130 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,241,957 | -€2,243,891 | -€1,934 | -0.1% |
| Amounts payable | 17/49 | €1,234,316 | €1,231,896 | -€2,420 | -0.2% |
| Amounts payable within one year | 42/48 | €1,233,823 | €1,231,819 | -€2,004 | -0.2% |
| Financial debts | 43 | €516 | €0 | -€516 | -100.0% |
| Credit institutions | 430/8 | €516 | €0 | -€516 | -100.0% |
| Trade debts | 44 | €1,086 | €598 | -€488 | -45.0% |
| Suppliers | 440/4 | €1,086 | €598 | -€488 | -45.0% |
| Other amounts payable | 47/48 | €1,232,221 | €1,231,221 | -€1,000 | -0.1% |
| Accrued charges and deferred income | 492/3 | €494 | €78 | -€416 | -84.3% |
| Other operating charges | 640/8 | €387 | €421 | +€33 | +8.6% |
| Gross operating margin | 9900 | -€1,086 | -€1,039 | +€47 | +4.4% |
| Operating profit (loss) | 9901 | -€1,473 | -€1,459 | +€14 | +1.0% |
| Financial charges | 65/66B | €507 | €475 | -€32 | -6.3% |
| Recurring financial charges | 65 | €507 | €475 | -€32 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,980 | -€1,934 | +€46 | +2.3% |
| Profit (loss) for the period | 9904 | -€1,980 | -€1,934 | +€46 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,980 | -€1,934 | +€46 | +2.3% |
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 6 October 2026 via checked.be.