CODDOC: 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.
CODDOC
Largest movements
- Cash +€100,806
up €100,806 (+90.5%), from €111,384 to €212,190
mainly Net result for the year (+€67,975) and Other debts (+€26,488)
- Intangible fixed assets -€20,000
down €20,000 (-25.0%), from €80,000 to €60,000
- Receivables within one year +€9,707
new in 2024: €9,707
- Profit (loss) carried forward +€67,975
new in 2024: €67,975
- Other debts +€26,488
up €26,488 (+28.7%), from €92,373 to €118,861
- Tax, wage and social debts -€22,295
down €22,295 (-54.0%), from €41,298 to €19,003
- Current portion of long-term debt +€17,915
new in 2024: €17,915
- Staff costs -€49,064
no longer reported in 2024 (was €49,064)
- Gross operating margin -€29,563
down €29,563 (-21.2%), from €139,565 to €110,002
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 | €194,768 | €287,563 | +€92,795 | +47.6% |
| Fixed assets | 21/28 | €80,333 | €63,201 | -€17,132 | -21.3% |
| Intangible fixed assets | 21 | €80,000 | €60,000 | -€20,000 | -25.0% |
| Tangible fixed assets | 22/27 | €333 | €3,201 | +€2,868 | +860.4% |
| Plant, machinery and equipment | 23 | €333 | €3,201 | +€2,868 | +860.4% |
| Current assets | 29/58 | €114,435 | €224,362 | +€109,927 | +96.1% |
| Amounts receivable within one year | 40/41 | - | €9,707 | +€9,707 | |
| Other amounts receivable | 41 | - | €9,707 | +€9,707 | |
| Cash at bank and in hand | 54/58 | €111,384 | €212,190 | +€100,806 | +90.5% |
| Deferred charges and accrued income | 490/1 | €3,051 | €2,465 | -€586 | -19.2% |
| Total equity and liabilities | 10/49 | €194,768 | €287,563 | +€92,795 | +47.6% |
| Equity | 10/15 | €60,674 | €128,649 | +€67,975 | +112.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €50,674 | €50,674 | = | 0.0% |
| Distributable reserves | 133 | €50,674 | €50,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €67,975 | +€67,975 | |
| Amounts payable | 17/49 | €134,094 | €158,914 | +€24,820 | +18.5% |
| Amounts payable within one year | 42/48 | €134,094 | €158,914 | +€24,820 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | - | €17,915 | +€17,915 | |
| Trade debts | 44 | €424 | €3,135 | +€2,712 | +640.4% |
| Suppliers | 440/4 | €424 | €3,135 | +€2,712 | +640.4% |
| Taxes, remuneration and social security | 45 | €41,298 | €19,003 | -€22,295 | -54.0% |
| Taxes | 450/3 | €41,298 | €19,003 | -€22,295 | -54.0% |
| Other amounts payable | 47/48 | €92,373 | €118,861 | +€26,488 | +28.7% |
| Remuneration, social security and pensions | 62 | €49,064 | - | -€49,064 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,167 | €20,167 | -€0 | 0.0% |
| Other operating charges | 640/8 | €271 | €285 | +€14 | +5.2% |
| Gross operating margin | 9900 | €139,565 | €110,002 | -€29,563 | -21.2% |
| Operating profit (loss) | 9901 | €70,063 | €89,550 | +€19,487 | +27.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €387 | €1,282 | +€895 | +231.0% |
| Recurring financial charges | 65 | €387 | €1,282 | +€895 | +231.0% |
| Profit (loss) for the period before taxes | 9903 | €69,676 | €88,268 | +€18,592 | +26.7% |
| Income taxes | 67/77 | €19,003 | €20,293 | +€1,290 | +6.8% |
| Profit (loss) for the period | 9904 | €50,674 | €67,975 | +€17,302 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,674 | €67,975 | +€17,302 | +34.1% |
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.