NBF 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.
NBF Cardio
Largest movements
- Receivables within one year +€10,083
up €10,083 (+37.5%), from €26,890 to €36,973
of which Other amounts receivable: +€10,083
- Tangible fixed assets -€4,896
down €4,896 (-36.3%), from €13,487 to €8,591
- Cash -€2,674
down €2,674 (-7.3%), from €36,806 to €34,132
mainly Contributions, distributions and other (-€45,000) and Receivables within one year (-€10,083)
- Deferred charges and accrued income -€2,047
down €2,047 (-30.4%), from €6,738 to €4,690
- Other debts +€15,000
up €15,000 (+27.2%), from €55,200 to €70,200
- Debts after one year -€8,870
down €8,870 (-18.0%), from €49,279 to €40,409
- Tax, wage and social debts -€5,503
down €5,503 (-49.7%), from €11,069 to €5,566
- Depreciation +€1,367
up €1,367 (+22.5%), from €6,083 to €7,450
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 | €191,421 | €191,886 | +€465 | +0.2% |
| Fixed assets | 21/28 | €120,987 | €116,091 | -€4,896 | -4.0% |
| Tangible fixed assets | 22/27 | €13,487 | €8,591 | -€4,896 | -36.3% |
| Furniture and vehicles | 24 | €13,487 | €8,591 | -€4,896 | -36.3% |
| Financial fixed assets | 28 | €107,500 | €107,500 | = | 0.0% |
| Current assets | 29/58 | €70,434 | €75,795 | +€5,361 | +7.6% |
| Amounts receivable within one year | 40/41 | €26,890 | €36,973 | +€10,083 | +37.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €26,890 | €36,973 | +€10,083 | +37.5% |
| Cash at bank and in hand | 54/58 | €36,806 | €34,132 | -€2,674 | -7.3% |
| Deferred charges and accrued income | 490/1 | €6,738 | €4,690 | -€2,047 | -30.4% |
| Total equity and liabilities | 10/49 | €191,421 | €191,886 | +€465 | +0.2% |
| Equity | 10/15 | €64,034 | €62,674 | -€1,361 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,574 | €42,214 | -€1,361 | -3.1% |
| Amounts payable | 17/49 | €127,387 | €129,213 | +€1,826 | +1.4% |
| Amounts payable after more than one year | 17 | €49,279 | €40,409 | -€8,870 | -18.0% |
| Financial debts | 170/4 | €49,279 | €40,409 | -€8,870 | -18.0% |
| Amounts payable within one year | 42/48 | €76,872 | €87,568 | +€10,696 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €8,870 | €8,870 | = | 0.0% |
| Trade debts | 44 | €1,734 | €2,932 | +€1,198 | +69.1% |
| Suppliers | 440/4 | €1,734 | €2,932 | +€1,198 | +69.1% |
| Taxes, remuneration and social security | 45 | €11,069 | €5,566 | -€5,503 | -49.7% |
| Taxes | 450/3 | €11,069 | €5,566 | -€5,503 | -49.7% |
| Other amounts payable | 47/48 | €55,200 | €70,200 | +€15,000 | +27.2% |
| Accrued charges and deferred income | 492/3 | €1,236 | €1,236 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,083 | €7,450 | +€1,367 | +22.5% |
| Other operating charges | 640/8 | €1,032 | €1,160 | +€128 | +12.4% |
| Gross operating margin | 9900 | €71,012 | €70,609 | -€403 | -0.6% |
| Operating profit (loss) | 9901 | €63,898 | €62,000 | -€1,898 | -3.0% |
| Financial income | 75/76B | €671 | €558 | -€113 | -16.8% |
| Recurring financial income | 75 | €671 | €558 | -€113 | -16.8% |
| Financial charges | 65/66B | €1,714 | €1,512 | -€202 | -11.8% |
| Recurring financial charges | 65 | €1,714 | €1,512 | -€202 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €62,854 | €61,046 | -€1,809 | -2.9% |
| Income taxes | 67/77 | €17,823 | €17,406 | -€416 | -2.3% |
| Profit (loss) for the period | 9904 | €45,032 | €43,639 | -€1,392 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,032 | €43,639 | -€1,392 | -3.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.