Co-Dex.eu: 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.
Co-Dex.eu
Largest movements
- Receivables within one year +€106,512
up €106,512 (+215%), from €49,645 to €156,157
of which Trade receivables: +€113,590
- Cash +€72,511
up €72,511 (+163%), from €44,386 to €116,897
- Accrued charges and deferred income +€148,731
up €148,731 (+7,719%), from €1,927 to €150,658
- Debts after one year -€35,000
down €35,000 (-49.3%), from €71,000 to €36,000
- Tax, wage and social debts +€28,256
new in 2024: €28,256
- Profit (loss) carried forward +€18,992
up €18,992, from -€17,833 to €1,159
- Trade debts +€16,117
up €16,117 (+51.9%), from €31,072 to €47,188
- Gross operating margin -€1,381
down €1,381 (-5.9%), from €23,584 to €22,203
- Other operating charges +€674
up €674 (+147%), from €460 to €1,134
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,031 | €273,054 | +€179,023 | +190% |
| Current assets | 29/58 | €94,031 | €273,054 | +€179,023 | +190% |
| Amounts receivable within one year | 40/41 | €49,645 | €156,157 | +€106,512 | +215% |
| Trade receivables | 40 | €35,185 | €148,775 | +€113,590 | +323% |
| Other amounts receivable | 41 | €14,460 | €7,382 | -€7,078 | -48.9% |
| Cash at bank and in hand | 54/58 | €44,386 | €116,897 | +€72,511 | +163% |
| Total equity and liabilities | 10/49 | €94,031 | €273,054 | +€179,023 | +190% |
| Equity | 10/15 | -€10,199 | €8,793 | +€18,992 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,434 | €1,434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €134 | €134 | = | 0.0% |
| Reserves not available under the articles | 1311 | €134 | €134 | = | 0.0% |
| Distributable reserves | 133 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,833 | €1,159 | +€18,992 | |
| Amounts payable | 17/49 | €104,230 | €264,261 | +€160,030 | +154% |
| Amounts payable after more than one year | 17 | €71,000 | €36,000 | -€35,000 | -49.3% |
| Financial debts | 170/4 | €71,000 | €36,000 | -€35,000 | -49.3% |
| Amounts payable within one year | 42/48 | €31,303 | €77,602 | +€46,299 | +148% |
| Trade debts | 44 | €31,072 | €47,188 | +€16,117 | +51.9% |
| Suppliers | 440/4 | €31,072 | €47,188 | +€16,117 | +51.9% |
| Taxes, remuneration and social security | 45 | - | €28,256 | +€28,256 | |
| Taxes | 450/3 | - | €28,256 | +€28,256 | |
| Other amounts payable | 47/48 | €232 | €2,158 | +€1,927 | +832% |
| Accrued charges and deferred income | 492/3 | €1,927 | €150,658 | +€148,731 | +7,719% |
| Other operating charges | 640/8 | €460 | €1,134 | +€674 | +147% |
| Gross operating margin | 9900 | €23,584 | €22,203 | -€1,381 | -5.9% |
| Operating profit (loss) | 9901 | €23,124 | €21,070 | -€2,055 | -8.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,073 | €2,077 | +€4 | +0.2% |
| Recurring financial charges | 65 | €2,073 | €2,077 | +€4 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €21,051 | €18,992 | -€2,059 | -9.8% |
| Profit (loss) for the period | 9904 | €21,051 | €18,992 | -€2,059 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,051 | €18,992 | -€2,059 | -9.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.