CAPTAIN CODE SOLUTIONS: 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.
CAPTAIN CODE SOLUTIONS
Largest movements
- Cash +€68,059
up €68,059 (+300.4%), from €22,657 to €90,716
mainly Net result for the year (+€52,846) and Tax, wage and social debts (+€15,365)
- Receivables within one year -€5,294
down €5,294 (-22.4%), from €23,595 to €18,301
- Reserves +€52,846
up €52,846 (+163.2%), from €32,377 to €85,223
- Tax, wage and social debts +€15,365
up €15,365 (+509.4%), from €3,016 to €18,381
- Trade debts -€5,840
down €5,840 (-90.3%), from €6,466 to €626
- Gross operating margin +€26,489
up €26,489 (+64.4%), from €41,132 to €67,620
- Taxes +€5,038
up €5,038 (+59.0%), from €8,540 to €13,578
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 | €47,070 | €110,112 | +€63,042 | +133.9% |
| Fixed assets | 21/28 | €516 | €789 | +€273 | +52.9% |
| Tangible fixed assets | 22/27 | €516 | €789 | +€273 | +52.9% |
| Furniture and vehicles | 24 | €516 | €789 | +€273 | +52.9% |
| Current assets | 29/58 | €46,554 | €109,323 | +€62,769 | +134.8% |
| Amounts receivable within one year | 40/41 | €23,595 | €18,301 | -€5,294 | -22.4% |
| Trade receivables | 40 | €23,595 | €18,301 | -€5,294 | -22.4% |
| Cash at bank and in hand | 54/58 | €22,657 | €90,716 | +€68,059 | +300.4% |
| Deferred charges and accrued income | 490/1 | €302 | €306 | +€4 | +1.3% |
| Total equity and liabilities | 10/49 | €47,070 | €110,112 | +€63,042 | +133.9% |
| Equity | 10/15 | €37,377 | €90,223 | +€52,846 | +141.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Share premium | 1100/10 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €32,377 | €85,223 | +€52,846 | +163.2% |
| Distributable reserves | 133 | €32,377 | €85,223 | +€52,846 | +163.2% |
| Amounts payable | 17/49 | €9,693 | €19,889 | +€10,196 | +105.2% |
| Amounts payable within one year | 42/48 | €9,693 | €19,889 | +€10,196 | +105.2% |
| Trade debts | 44 | €6,466 | €626 | -€5,840 | -90.3% |
| Suppliers | 440/4 | €6,466 | €626 | -€5,840 | -90.3% |
| Taxes, remuneration and social security | 45 | €3,016 | €18,381 | +€15,365 | +509.4% |
| Taxes | 450/3 | €3,016 | €18,381 | +€15,365 | +509.4% |
| Other amounts payable | 47/48 | €211 | €882 | +€672 | +319.0% |
| Non-recurring operating income | 76A | - | €48 | +€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €227 | €450 | +€223 | +98.4% |
| Other operating charges | 640/8 | €106 | €645 | +€540 | +511.8% |
| Gross operating margin | 9900 | €41,132 | €67,620 | +€26,489 | +64.4% |
| Operating profit (loss) | 9901 | €40,799 | €66,525 | +€25,726 | +63.1% |
| Financial income | 75/76B | €151 | - | -€151 | |
| Recurring financial income | 75 | €151 | - | -€151 | |
| Financial charges | 65/66B | €33 | €101 | +€68 | +203.9% |
| Recurring financial charges | 65 | €33 | €101 | +€68 | +203.9% |
| Profit (loss) for the period before taxes | 9903 | €40,917 | €66,424 | +€25,507 | +62.3% |
| Income taxes | 67/77 | €8,540 | €13,578 | +€5,038 | +59.0% |
| Profit (loss) for the period | 9904 | €32,377 | €52,846 | +€20,469 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,377 | €52,846 | +€20,469 | +63.2% |
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 9 October 2026 via checked.be.