CODE CRAFTERS: 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.
CODE CRAFTERS
Largest movements
- Cash -€56,138
down €56,138 (-49.2%), from €114,195 to €58,057
mainly Contributions, distributions and other (-€105,000) and Investment in fixed assets (net) (-€64,251)
- Tangible fixed assets +€49,711
up €49,711 (+1347.6%), from €3,689 to €53,400
- Receivables within one year +€1,944
up €1,944 (+8.2%), from €23,778 to €25,722
of which Other amounts receivable: +€2,529
- Other debts -€5,445
down €5,445 (-4.7%), from €117,092 to €111,647
- Trade debts +€2,282
up €2,282 (+169.2%), from €1,348 to €3,630
- Depreciation +€11,894
up €11,894 (+449.6%), from €2,646 to €14,540
- Gross operating margin +€5,515
up €5,515 (+3.8%), from €144,309 to €149,824
- Taxes -€1,869
down €1,869 (-6.1%), from €30,829 to €28,960
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 | €143,934 | €140,712 | -€3,222 | -2.2% |
| Fixed assets | 21/28 | €3,689 | €53,400 | +€49,711 | +1347.6% |
| Tangible fixed assets | 22/27 | €3,689 | €53,400 | +€49,711 | +1347.6% |
| Furniture and vehicles | 24 | €3,689 | €53,400 | +€49,711 | +1347.6% |
| Current assets | 29/58 | €140,245 | €87,312 | -€52,933 | -37.7% |
| Amounts receivable within one year | 40/41 | €23,778 | €25,722 | +€1,944 | +8.2% |
| Trade receivables | 40 | €23,382 | €22,797 | -€585 | -2.5% |
| Other amounts receivable | 41 | €396 | €2,925 | +€2,529 | +638.7% |
| Cash at bank and in hand | 54/58 | €114,195 | €58,057 | -€56,138 | -49.2% |
| Deferred charges and accrued income | 490/1 | €2,273 | €3,534 | +€1,261 | +55.5% |
| Total equity and liabilities | 10/49 | €143,934 | €140,712 | -€3,222 | -2.2% |
| Equity | 10/15 | €21,236 | €22,029 | +€793 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,636 | €3,429 | +€793 | +30.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €776 | €1,569 | +€793 | +102.2% |
| Amounts payable | 17/49 | €122,698 | €118,683 | -€4,015 | -3.3% |
| Amounts payable within one year | 42/48 | €122,698 | €118,683 | -€4,015 | -3.3% |
| Trade debts | 44 | €1,348 | €3,630 | +€2,282 | +169.2% |
| Suppliers | 440/4 | €1,348 | €3,630 | +€2,282 | +169.2% |
| Taxes, remuneration and social security | 45 | €4,257 | €3,405 | -€852 | -20.0% |
| Taxes | 450/3 | €4,257 | €3,405 | -€852 | -20.0% |
| Other amounts payable | 47/48 | €117,092 | €111,647 | -€5,445 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,646 | €14,540 | +€11,894 | +449.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €144,309 | €149,824 | +€5,515 | +3.8% |
| Operating profit (loss) | 9901 | €141,276 | €134,884 | -€6,391 | -4.5% |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.9% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €141,158 | €134,753 | -€6,405 | -4.5% |
| Income taxes | 67/77 | €30,829 | €28,960 | -€1,869 | -6.1% |
| Profit (loss) for the period | 9904 | €110,330 | €105,793 | -€4,536 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,330 | €105,793 | -€4,536 | -4.1% |
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 10 October 2026 via checked.be.