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CodaSoft: what changed

Two fiscal 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.

What changed

CodaSoft

BE 1007.000.055
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,139
2024 · €41,759-€6,620
Equity
€16,398
2024 · €15,759+€639
Cash
€42,836
2024 · €43,216-€379
Balance sheet total
€86,621
2024 · €91,699-€5,079

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€10,735

    down €10,735 (-33.6%), from €31,953 to €21,218

  • Receivables within one year +€6,028

    up €6,028 (+38.4%), from €15,713 to €21,742

    of which Trade receivables: +€3,221

Equity and liabilities
  • Debts after one year -€11,129

    down €11,129 (-56.1%), from €19,852 to €8,722

  • Other debts +€5,500

    up €5,500 (+19.0%), from €29,000 to €34,500

Income statement
  • Depreciation +€8,626

    up €8,626 (+245.8%), from €3,509 to €12,135

  • Other operating charges -€2,036

    down €2,036 (-81.1%), from €2,512 to €475

  • Financial charges +€848

    up €848 (+139.2%), from €609 to €1,457

  • Taxes -€817

    down €817 (-7.4%), from €11,080 to €10,263

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €41,759
Gross operating margin -€3
Depreciation -€8,626
Other operating charges +€2,036
Financial income +€3
Financial charges -€848
Taxes +€817
Result 2025 €35,139

Cash bridge derived

cash 2024 to 2025

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.

From operations +€46,104
Investment -€1,400
Financing -€45,084
Cash 2024 €43,216
Net result for the year +€35,139
Depreciation +€12,135
Receivables within one year -€6,028
Smaller working-capital items -€40
Tax, wage and social debts -€601
Other debts +€5,500
Investment in fixed assets (net) -€1,400
Debts after one year -€11,129
Current portion of long-term debt +€546
Contributions, distributions and other -€34,500
Cash 2025 €42,836
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €91,699 €86,621 -€5,079 -5.5%
Fixed assets 21/28 €32,008 €21,273 -€10,735 -33.5%
Tangible fixed assets 22/27 €31,953 €21,218 -€10,735 -33.6%
Furniture and vehicles 24 €31,953 €21,218 -€10,735 -33.6%
Financial fixed assets 28 €56 €56 = 0.0%
Current assets 29/58 €59,691 €65,348 +€5,656 +9.5%
Amounts receivable within one year 40/41 €15,713 €21,742 +€6,028 +38.4%
Trade receivables 40 €15,713 €18,934 +€3,221 +20.5%
Other amounts receivable 41 - €2,808 +€2,808
Cash at bank and in hand 54/58 €43,216 €42,836 -€379 -0.9%
Deferred charges and accrued income 490/1 €762 €769 +€8 +1.0%
Total equity and liabilities 10/49 €91,699 €86,621 -€5,079 -5.5%
Equity 10/15 €15,759 €16,398 +€639 +4.1%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €12,759 €13,398 +€639 +5.0%
Amounts payable 17/49 €75,940 €70,223 -€5,717 -7.5%
Amounts payable after more than one year 17 €19,852 €8,722 -€11,129 -56.1%
Financial debts 170/4 €19,852 €8,722 -€11,129 -56.1%
Amounts payable within one year 42/48 €56,089 €61,501 +€5,412 +9.6%
Current portion of amounts payable after more than one year 42 €10,584 €11,129 +€546 +5.2%
Trade debts 44 €51 €18 -€33 -64.4%
Suppliers 440/4 €51 €18 -€33 -64.4%
Taxes, remuneration and social security 45 €16,454 €15,853 -€601 -3.7%
Taxes 450/3 €16,453 €15,853 -€599 -3.6%
Remuneration and social security 454/9 €2 - -€2
Other amounts payable 47/48 €29,000 €34,500 +€5,500 +19.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,509 €12,135 +€8,626 +245.8%
Other operating charges 640/8 €2,512 €475 -€2,036 -81.1%
Gross operating margin 9900 €59,469 €59,466 -€3 0.0%
Operating profit (loss) 9901 €53,448 €46,856 -€6,592 -12.3%
Financial income 75/76B - €3 +€3
Recurring financial income 75 - €3 +€3
Financial charges 65/66B €609 €1,457 +€848 +139.2%
Recurring financial charges 65 €609 €1,457 +€848 +139.2%
Profit (loss) for the period before taxes 9903 €52,839 €45,402 -€7,437 -14.1%
Income taxes 67/77 €11,080 €10,263 -€817 -7.4%
Profit (loss) for the period 9904 €41,759 €35,139 -€6,620 -15.9%
Profit (loss) for the period to be appropriated 9905 €41,759 €35,139 -€6,620 -15.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.