MY CARDIO: 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.
MY CARDIO
Largest movements
- Deferred charges and accrued income +€54,409
up €54,409 (+72.5%), from €75,039 to €129,448
- Cash +€27,835
up €27,835 (+21.8%), from €127,430 to €155,264
mainly Net result for the year (+€277,037) and Other debts (+€67,746)
- Other debts +€67,746
up €67,746 (+35.4%), from €191,479 to €259,224
- Tax, wage and social debts +€15,084
up €15,084 (+202%), from €7,461 to €22,545
- Gross operating margin +€132,673
up €132,673 (+54.3%), from €244,371 to €377,044
- Taxes +€39,402
up €39,402 (+72.6%), from €54,247 to €93,649
- Depreciation -€4,197
down €4,197 (-62.8%), from €6,679 to €2,483
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 | €204,860 | €286,071 | +€81,211 | +39.6% |
| Fixed assets | 21/28 | €2,391 | €1,358 | -€1,033 | -43.2% |
| Tangible fixed assets | 22/27 | €2,391 | €1,358 | -€1,033 | -43.2% |
| Plant, machinery and equipment | 23 | €1,888 | - | -€1,888 | |
| Furniture and vehicles | 24 | €503 | €1,358 | +€855 | +170% |
| Current assets | 29/58 | €202,469 | €284,713 | +€82,244 | +40.6% |
| Cash at bank and in hand | 54/58 | €127,430 | €155,264 | +€27,835 | +21.8% |
| Deferred charges and accrued income | 490/1 | €75,039 | €129,448 | +€54,409 | +72.5% |
| Total equity and liabilities | 10/49 | €204,860 | €286,071 | +€81,211 | +39.6% |
| Equity | 10/15 | €4,357 | €3,394 | -€963 | -22.1% |
| Contributions | 10/11 | €3,150 | €3,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,207 | €244 | -€963 | -79.8% |
| Amounts payable | 17/49 | €200,503 | €282,676 | +€82,174 | +41.0% |
| Amounts payable within one year | 42/48 | €200,503 | €282,676 | +€82,174 | +41.0% |
| Trade debts | 44 | €1,564 | €908 | -€656 | -42.0% |
| Suppliers | 440/4 | €1,564 | €908 | -€656 | -42.0% |
| Taxes, remuneration and social security | 45 | €7,461 | €22,545 | +€15,084 | +202% |
| Taxes | 450/3 | €7,461 | €22,545 | +€15,084 | +202% |
| Other amounts payable | 47/48 | €191,479 | €259,224 | +€67,746 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,679 | €2,483 | -€4,197 | -62.8% |
| Other operating charges | 640/8 | €782 | €681 | -€101 | -12.9% |
| Gross operating margin | 9900 | €244,371 | €377,044 | +€132,673 | +54.3% |
| Operating profit (loss) | 9901 | €236,910 | €373,880 | +€136,970 | +57.8% |
| Financial charges | 65/66B | €4,238 | €3,194 | -€1,044 | -24.6% |
| Recurring financial charges | 65 | €4,238 | €3,194 | -€1,044 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €232,672 | €370,686 | +€138,014 | +59.3% |
| Income taxes | 67/77 | €54,247 | €93,649 | +€39,402 | +72.6% |
| Profit (loss) for the period | 9904 | €178,424 | €277,037 | +€98,612 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €178,424 | €277,037 | +€98,612 | +55.3% |
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.