CODACLEAN: 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.
CODACLEAN
Largest movements
- Receivables within one year +€282,383
up €282,383 (+10895.8%), from €2,592 to €284,974
of which Trade receivables: +€284,974
- Cash +€108,299
up €108,299 (+10614.9%), from €1,020 to €109,319
mainly Net result for the year (+€251,097) and Trade debts (+€129,995)
- Intangible fixed assets +€43,289
up €43,289 (+72.2%), from €59,984 to €103,273
- Tangible fixed assets +€5,573
new in 2025: €5,573
- Profit (loss) carried forward +€251,097
up €251,097, from -€55,711 to €195,386
- Trade debts +€129,995
up €129,995 (+193.1%), from €67,326 to €197,321
- Tax, wage and social debts +€73,978
new in 2025: €73,978
of which Taxes: +€68,769
- Other debts -€9,054
down €9,054 (-18.4%), from €49,140 to €40,086
- Gross operating margin +€405,885
up €405,885, from -€16,839 to €389,046
- Taxes +€65,000
new in 2025: €65,000
- Depreciation +€50,048
up €50,048 (+305168.7%), from €16 to €50,064
- Staff costs +€21,932
new in 2025: €21,932
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 | €66,956 | €512,971 | +€446,015 | +666.1% |
| Fixed assets | 21/28 | €59,984 | €113,205 | +€53,222 | +88.7% |
| Intangible fixed assets | 21 | €59,984 | €103,273 | +€43,289 | +72.2% |
| Tangible fixed assets | 22/27 | - | €5,573 | +€5,573 | |
| Furniture and vehicles | 24 | - | €5,573 | +€5,573 | |
| Financial fixed assets | 28 | - | €4,360 | +€4,360 | |
| Current assets | 29/58 | €6,972 | €399,766 | +€392,794 | +5633.9% |
| Amounts receivable within one year | 40/41 | €2,592 | €284,974 | +€282,383 | +10895.8% |
| Trade receivables | 40 | - | €284,974 | +€284,974 | |
| Other amounts receivable | 41 | €2,592 | - | -€2,592 | |
| Cash at bank and in hand | 54/58 | €1,020 | €109,319 | +€108,299 | +10614.9% |
| Deferred charges and accrued income | 490/1 | €3,360 | €5,472 | +€2,112 | +62.9% |
| Total equity and liabilities | 10/49 | €66,956 | €512,971 | +€446,015 | +666.1% |
| Equity | 10/15 | -€49,511 | €201,586 | +€251,097 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,711 | €195,386 | +€251,097 | |
| Amounts payable | 17/49 | €116,466 | €311,385 | +€194,919 | +167.4% |
| Amounts payable within one year | 42/48 | €116,466 | €311,385 | +€194,919 | +167.4% |
| Trade debts | 44 | €67,326 | €197,321 | +€129,995 | +193.1% |
| Suppliers | 440/4 | €67,326 | €197,321 | +€129,995 | +193.1% |
| Taxes, remuneration and social security | 45 | - | €73,978 | +€73,978 | |
| Taxes | 450/3 | - | €68,769 | +€68,769 | |
| Remuneration and social security | 454/9 | - | €5,209 | +€5,209 | |
| Other amounts payable | 47/48 | €49,140 | €40,086 | -€9,054 | -18.4% |
| Remuneration, social security and pensions | 62 | - | €21,932 | +€21,932 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16 | €50,064 | +€50,048 | +305168.7% |
| Other operating charges | 640/8 | - | €701 | +€701 | |
| Gross operating margin | 9900 | -€16,839 | €389,046 | +€405,885 | |
| Operating profit (loss) | 9901 | -€16,855 | €316,349 | +€333,204 | |
| Financial income | 75/76B | €0 | €375 | +€375 | +1874900.0% |
| Recurring financial income | 75 | €0 | €375 | +€375 | +1874900.0% |
| Financial charges | 65/66B | €135 | €628 | +€493 | +364.6% |
| Recurring financial charges | 65 | €135 | €628 | +€493 | +364.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,990 | €316,097 | +€333,087 | |
| Income taxes | 67/77 | - | €65,000 | +€65,000 | |
| Profit (loss) for the period | 9904 | -€16,990 | €251,097 | +€268,087 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,990 | €251,097 | +€268,087 |
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.