CODDY: 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.
CODDY
Largest movements
- Cash -€21,813
down €21,813 (-48.8%), from €44,656 to €22,843
mainly Other debts (-€33,749) and Tax, wage and social debts (-€26,364)
- Intangible fixed assets -€20,644
down €20,644 (-48.3%), from €42,751 to €22,107
- Deferred charges and accrued income -€6,641
down €6,641 (-84.8%), from €7,828 to €1,187
- Tangible fixed assets -€2,930
down €2,930 (-62.9%), from €4,661 to €1,731
- Receivables within one year +€2,785
up €2,785 (+6.2%), from €44,901 to €47,686
of which Trade receivables: +€11,941
- Other debts -€33,749
down €33,749 (-25.4%), from €133,107 to €99,358
- Tax, wage and social debts -€26,364
down €26,364 (-94.9%), from €27,770 to €1,406
of which Remuneration and social security: -€21,694
- Profit (loss) carried forward +€25,772
up €25,772 (+3.6%), from -€706,901 to -€681,129
- Debts after one year -€22,824
down €22,824 (-30.5%), from €74,871 to €52,047
- Current portion of long-term debt +€6,862
up €6,862 (+7.9%), from €86,796 to €93,658
- Staff costs -€197,223
down €197,223 (-82.2%), from €240,046 to €42,823
- Gross operating margin -€44,606
down €44,606 (-29.6%), from €150,597 to €105,991
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 | €152,952 | €103,709 | -€49,243 | -32.2% |
| Fixed assets | 21/28 | €55,567 | €31,993 | -€23,574 | -42.4% |
| Intangible fixed assets | 21 | €42,751 | €22,107 | -€20,644 | -48.3% |
| Tangible fixed assets | 22/27 | €4,661 | €1,731 | -€2,930 | -62.9% |
| Furniture and vehicles | 24 | €4,661 | €1,731 | -€2,930 | -62.9% |
| Financial fixed assets | 28 | €8,155 | €8,155 | = | 0.0% |
| Current assets | 29/58 | €97,385 | €71,716 | -€25,669 | -26.4% |
| Amounts receivable within one year | 40/41 | €44,901 | €47,686 | +€2,785 | +6.2% |
| Trade receivables | 40 | €32,875 | €44,816 | +€11,941 | +36.3% |
| Other amounts receivable | 41 | €12,026 | €2,870 | -€9,156 | -76.1% |
| Cash at bank and in hand | 54/58 | €44,656 | €22,843 | -€21,813 | -48.8% |
| Deferred charges and accrued income | 490/1 | €7,828 | €1,187 | -€6,641 | -84.8% |
| Total equity and liabilities | 10/49 | €152,952 | €103,709 | -€49,243 | -32.2% |
| Equity | 10/15 | -€186,301 | -€160,529 | +€25,772 | +13.8% |
| Contributions | 10/11 | €520,600 | €520,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€706,901 | -€681,129 | +€25,772 | +3.6% |
| Amounts payable | 17/49 | €339,253 | €264,238 | -€75,015 | -22.1% |
| Amounts payable after more than one year | 17 | €74,871 | €52,047 | -€22,824 | -30.5% |
| Financial debts | 170/4 | €74,871 | €52,047 | -€22,824 | -30.5% |
| Amounts payable within one year | 42/48 | €261,925 | €209,754 | -€52,171 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €86,796 | €93,658 | +€6,862 | +7.9% |
| Financial debts | 43 | €300 | - | -€300 | |
| Credit institutions | 430/8 | €300 | - | -€300 | |
| Trade debts | 44 | €13,952 | €14,532 | +€580 | +4.2% |
| Suppliers | 440/4 | €13,952 | €14,532 | +€580 | +4.2% |
| Advances received on contracts in progress | 46 | - | €800 | +€800 | |
| Taxes, remuneration and social security | 45 | €27,770 | €1,406 | -€26,364 | -94.9% |
| Taxes | 450/3 | €6,076 | €1,406 | -€4,670 | -76.9% |
| Remuneration and social security | 454/9 | €21,694 | - | -€21,694 | |
| Other amounts payable | 47/48 | €133,107 | €99,358 | -€33,749 | -25.4% |
| Accrued charges and deferred income | 492/3 | €2,457 | €2,437 | -€20 | -0.8% |
| Remuneration, social security and pensions | 62 | €240,046 | €42,823 | -€197,223 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,861 | €23,574 | -€287 | -1.2% |
| Other operating charges | 640/8 | €130 | - | -€130 | |
| Gross operating margin | 9900 | €150,597 | €105,991 | -€44,606 | -29.6% |
| Operating profit (loss) | 9901 | -€113,440 | €39,594 | +€153,034 | |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €14,853 | €13,822 | -€1,031 | -6.9% |
| Recurring financial charges | 65 | €14,853 | €13,822 | -€1,031 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€128,265 | €25,772 | +€154,037 | |
| Profit (loss) for the period | 9904 | -€128,265 | €25,772 | +€154,037 | |
| Profit (loss) for the period to be appropriated | 9905 | -€128,265 | €25,772 | +€154,037 |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.