Code Constructors: 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.
Code Constructors
Largest movements
- Receivables within one year -€90,900
down €90,900 (-71.0%), from €128,066 to €37,165
of which Trade receivables: -€70,888
- Cash +€28,692
up €28,692 (+83.6%), from €34,318 to €63,009
mainly Receivables within one year (+€90,900) and Investment in fixed assets (net) (+€8,614)
- Tangible fixed assets -€8,614
no longer reported in 2023 (was €8,614)
- Trade debts -€38,713
down €38,713 (-56.3%), from €68,801 to €30,087
- Profit (loss) carried forward -€27,544
down €27,544, from €139 to -€27,405
- Accrued charges and deferred income -€2,444
down €2,444 (-94.9%), from €2,576 to €132
- Tax, wage and social debts -€2,065
down €2,065 (-10.8%), from €19,174 to €17,109
- Gross operating margin -€96,438
down €96,438, from €78,663 to -€17,775
- Taxes -€17,109
no longer reported in 2023 (was €17,109)
- Staff costs -€7,414
no longer reported in 2023 (was €7,414)
- Financial income -€3,158
no longer reported in 2023 (was €3,158)
- Depreciation -€1,479
no longer reported in 2023 (was €1,479)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,998 | €100,175 | -€70,823 | -41.4% |
| Fixed assets | 21/28 | €8,614 | - | -€8,614 | |
| Tangible fixed assets | 22/27 | €8,614 | - | -€8,614 | |
| Furniture and vehicles | 24 | €8,614 | - | -€8,614 | |
| Current assets | 29/58 | €162,383 | €100,175 | -€62,209 | -38.3% |
| Amounts receivable within one year | 40/41 | €128,066 | €37,165 | -€90,900 | -71.0% |
| Trade receivables | 40 | €107,188 | €36,300 | -€70,888 | -66.1% |
| Other amounts receivable | 41 | €20,878 | €865 | -€20,012 | -95.9% |
| Cash at bank and in hand | 54/58 | €34,318 | €63,009 | +€28,692 | +83.6% |
| Total equity and liabilities | 10/49 | €170,998 | €100,175 | -€70,823 | -41.4% |
| Equity | 10/15 | €75,139 | €47,595 | -€27,544 | -36.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139 | -€27,405 | -€27,544 | |
| Amounts payable | 17/49 | €95,858 | €52,579 | -€43,279 | -45.1% |
| Amounts payable within one year | 42/48 | €93,282 | €52,448 | -€40,835 | -43.8% |
| Financial debts | 43 | €56 | - | -€56 | |
| Credit institutions | 430/8 | €56 | - | -€56 | |
| Trade debts | 44 | €68,801 | €30,087 | -€38,713 | -56.3% |
| Suppliers | 440/4 | €68,801 | €30,087 | -€38,713 | -56.3% |
| Taxes, remuneration and social security | 45 | €19,174 | €17,109 | -€2,065 | -10.8% |
| Taxes | 450/3 | €19,174 | €17,109 | -€2,065 | -10.8% |
| Other amounts payable | 47/48 | €5,252 | €5,252 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,576 | €132 | -€2,444 | -94.9% |
| Remuneration, social security and pensions | 62 | €7,414 | - | -€7,414 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,479 | - | -€1,479 | |
| Other operating charges | 640/8 | €1,218 | €363 | -€855 | -70.2% |
| Gross operating margin | 9900 | €78,663 | -€17,775 | -€96,438 | |
| Operating profit (loss) | 9901 | €68,551 | -€18,139 | -€86,690 | |
| Financial income | 75/76B | €3,158 | - | -€3,158 | |
| Recurring financial income | 75 | €3,158 | - | -€3,158 | |
| Financial charges | 65/66B | €9,462 | €9,405 | -€57 | -0.6% |
| Recurring financial charges | 65 | €2,711 | €5,073 | +€2,362 | +87.1% |
| Non-recurring financial charges | 66B | €6,751 | €4,332 | -€2,418 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €62,248 | -€27,544 | -€89,792 | |
| Income taxes | 67/77 | €17,109 | - | -€17,109 | |
| Profit (loss) for the period | 9904 | €45,139 | -€27,544 | -€72,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,139 | -€27,544 | -€72,683 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.