Codatoz: 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.
Codatoz
Largest movements
- Cash -€28,173
down €28,173 (-41.2%), from €68,331 to €40,158
mainly Net result for the year (-€38,205) and Debts after one year (-€11,114)
- Tangible fixed assets -€22,298
down €22,298 (-10.2%), from €217,677 to €195,380
of which Land and buildings: -€13,892
- Profit (loss) carried forward -€38,205
down €38,205 (-16.5%), from €231,255 to €193,050
- Debts after one year -€11,114
down €11,114 (-70.4%), from €15,792 to €4,678
- Gross operating margin -€31,850
down €31,850, from €26,191 to -€5,659
- Depreciation +€1,134
up €1,134 (+4.9%), from €23,078 to €24,212
- Financial charges -€629
down €629 (-12.8%), from €4,912 to €4,283
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.
Derived cash bridge
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 | €289,797 | €238,108 | -€51,689 | -17.8% |
| Fixed assets | 21/28 | €217,677 | €195,380 | -€22,298 | -10.2% |
| Tangible fixed assets | 22/27 | €217,677 | €195,380 | -€22,298 | -10.2% |
| Land and buildings | 22 | €180,598 | €166,706 | -€13,892 | -7.7% |
| Plant, machinery and equipment | 23 | €728 | €3,974 | +€3,247 | +446% |
| Furniture and vehicles | 24 | €36,352 | €24,700 | -€11,652 | -32.1% |
| Current assets | 29/58 | €72,120 | €42,728 | -€29,392 | -40.8% |
| Amounts receivable within one year | 40/41 | €2,416 | €581 | -€1,835 | -76.0% |
| Trade receivables | 40 | €2,083 | - | -€2,083 | |
| Other amounts receivable | 41 | €333 | €581 | +€247 | +74.2% |
| Cash at bank and in hand | 54/58 | €68,331 | €40,158 | -€28,173 | -41.2% |
| Deferred charges and accrued income | 490/1 | €1,374 | €1,990 | +€616 | +44.9% |
| Total equity and liabilities | 10/49 | €289,797 | €238,108 | -€51,689 | -17.8% |
| Equity | 10/15 | €251,715 | €213,510 | -€38,205 | -15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,255 | €193,050 | -€38,205 | -16.5% |
| Amounts payable | 17/49 | €38,082 | €24,598 | -€13,484 | -35.4% |
| Amounts payable after more than one year | 17 | €15,792 | €4,678 | -€11,114 | -70.4% |
| Financial debts | 170/4 | €15,792 | €4,678 | -€11,114 | -70.4% |
| Amounts payable within one year | 42/48 | €22,291 | €19,920 | -€2,371 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €10,956 | €11,114 | +€158 | +1.4% |
| Financial debts | 43 | €544 | €10 | -€534 | -98.2% |
| Credit institutions | 430/8 | €544 | €10 | -€534 | -98.2% |
| Trade debts | 44 | €1,067 | €219 | -€849 | -79.5% |
| Suppliers | 440/4 | €1,067 | €219 | -€849 | -79.5% |
| Taxes, remuneration and social security | 45 | €1,759 | €455 | -€1,304 | -74.1% |
| Taxes | 450/3 | €1,759 | €455 | -€1,304 | -74.1% |
| Other amounts payable | 47/48 | €7,964 | €8,123 | +€159 | +2.0% |
| Non-recurring operating income | 76A | €6,656 | - | -€6,656 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,078 | €24,212 | +€1,134 | +4.9% |
| Other operating charges | 640/8 | €3,534 | €3,576 | +€42 | +1.2% |
| Non-recurring operating charges | 66A | - | €19 | +€19 | |
| Gross operating margin | 9900 | €26,191 | -€5,659 | -€31,850 | |
| Operating profit (loss) | 9901 | -€421 | -€33,467 | -€33,046 | -7,848% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €4,912 | €4,283 | -€629 | -12.8% |
| Recurring financial charges | 65 | €4,912 | €4,283 | -€629 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,325 | -€37,750 | -€32,425 | -609% |
| Income taxes | 67/77 | €446 | €455 | +€9 | +2.0% |
| Profit (loss) for the period | 9904 | -€5,771 | -€38,205 | -€32,434 | -562% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,771 | -€38,205 | -€32,434 | -562% |
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 13 October 2026 via checked.be.