Codasy: 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.
Codasy
Largest movements
- Cash +€39,280
up €39,280 (+132.0%), from €29,763 to €69,043
mainly Depreciation (+€23,022) and Receivables within one year (+€22,320)
- Receivables within one year -€22,320
down €22,320 (-26.7%), from €83,730 to €61,410
of which Trade receivables: -€22,142
- Intangible fixed assets -€21,600
down €21,600 (-21.4%), from €100,800 to €79,200
- Financial fixed assets -€4,588
down €4,588 (-85.2%), from €5,388 to €800
- Other debts -€16,935
down €16,935 (-11.8%), from €143,125 to €126,190
- Profit (loss) carried forward +€4,477
up €4,477 (+7.9%), from -€56,804 to -€52,327
- Accrued charges and deferred income +€2,703
up €2,703 (+3.2%), from €84,946 to €87,649
- Staff costs -€12,913
down €12,913 (-11.1%), from €116,401 to €103,488
- Gross operating margin -€10,397
down €10,397 (-7.0%), from €148,359 to €137,962
- Financial income +€3,422
new in 2024: €3,422
- Taxes +€2,476
up €2,476 (+316.6%), from €782 to €3,258
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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,084 | €243,454 | -€9,630 | -3.8% |
| Fixed assets | 21/28 | €133,205 | €105,595 | -€27,610 | -20.7% |
| Intangible fixed assets | 21 | €100,800 | €79,200 | -€21,600 | -21.4% |
| Tangible fixed assets | 22/27 | €27,017 | €25,595 | -€1,422 | -5.3% |
| Plant, machinery and equipment | 23 | €27,017 | €25,595 | -€1,422 | -5.3% |
| Financial fixed assets | 28 | €5,388 | €800 | -€4,588 | -85.2% |
| Current assets | 29/58 | €119,879 | €137,859 | +€17,980 | +15.0% |
| Amounts receivable within one year | 40/41 | €83,730 | €61,410 | -€22,320 | -26.7% |
| Trade receivables | 40 | €83,541 | €61,399 | -€22,142 | -26.5% |
| Other amounts receivable | 41 | €189 | €11 | -€178 | -94.2% |
| Cash at bank and in hand | 54/58 | €29,763 | €69,043 | +€39,280 | +132.0% |
| Deferred charges and accrued income | 490/1 | €6,386 | €7,406 | +€1,020 | +16.0% |
| Total equity and liabilities | 10/49 | €253,084 | €243,454 | -€9,630 | -3.8% |
| Equity | 10/15 | €5,071 | €9,548 | +€4,477 | +88.3% |
| Contributions | 10/11 | €56,250 | €56,250 | = | 0.0% |
| Capital | 10 | €56,250 | €56,250 | = | 0.0% |
| Issued capital | 100 | €56,250 | €56,250 | = | 0.0% |
| Reserves | 13 | €5,625 | €5,625 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,625 | €5,625 | = | 0.0% |
| Legal reserve | 130 | €5,625 | €5,625 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,804 | -€52,327 | +€4,477 | +7.9% |
| Amounts payable | 17/49 | €248,013 | €233,906 | -€14,107 | -5.7% |
| Amounts payable within one year | 42/48 | €163,067 | €146,257 | -€16,810 | -10.3% |
| Trade debts | 44 | €6,756 | €5,406 | -€1,350 | -20.0% |
| Suppliers | 440/4 | €6,756 | €5,406 | -€1,350 | -20.0% |
| Taxes, remuneration and social security | 45 | €13,186 | €14,661 | +€1,475 | +11.2% |
| Taxes | 450/3 | €6,406 | €9,377 | +€2,971 | +46.4% |
| Remuneration and social security | 454/9 | €6,780 | €5,284 | -€1,496 | -22.1% |
| Other amounts payable | 47/48 | €143,125 | €126,190 | -€16,935 | -11.8% |
| Accrued charges and deferred income | 492/3 | €84,946 | €87,649 | +€2,703 | +3.2% |
| Remuneration, social security and pensions | 62 | €116,401 | €103,488 | -€12,913 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,022 | €23,022 | = | 0.0% |
| Other operating charges | 640/8 | €5,993 | €5,301 | -€692 | -11.5% |
| Gross operating margin | 9900 | €148,359 | €137,962 | -€10,397 | -7.0% |
| Operating profit (loss) | 9901 | €2,943 | €6,151 | +€3,208 | +109.0% |
| Financial income | 75/76B | - | €3,422 | +€3,422 | |
| Recurring financial income | 75 | - | €3,422 | +€3,422 | |
| Financial charges | 65/66B | €1,309 | €1,838 | +€529 | +40.4% |
| Recurring financial charges | 65 | €1,309 | €1,838 | +€529 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €1,634 | €7,735 | +€6,101 | +373.4% |
| Income taxes | 67/77 | €782 | €3,258 | +€2,476 | +316.6% |
| Profit (loss) for the period | 9904 | €852 | €4,477 | +€3,625 | +425.5% |
| Profit (loss) for the period to be appropriated | 9905 | €852 | €4,477 | +€3,625 | +425.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.