Code Mountain: 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 Mountain
Largest movements
- Cash +€41,478
up €41,478 (+32.2%), from €128,976 to €170,454
mainly Net result for the year (+€51,585) and Receivables within one year (+€2,573)
- Receivables within one year -€2,573
down €2,573 (-10.4%), from €24,844 to €22,271
of which Trade receivables: -€2,930
- Profit (loss) carried forward +€51,585
up €51,585 (+54.5%), from €94,645 to €146,230
- Tax, wage and social debts -€8,179
down €8,179 (-44.4%), from €18,400 to €10,222
- Trade debts -€4,477
down €4,477 (-81.1%), from €5,521 to €1,044
- Gross operating margin +€8,908
up €8,908 (+15.0%), from €59,357 to €68,264
- Taxes +€2,017
up €2,017 (+17.7%), from €11,380 to €13,396
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 | €160,358 | €197,797 | +€37,439 | +23.3% |
| Fixed assets | 21/28 | €5,533 | €3,914 | -€1,619 | -29.3% |
| Tangible fixed assets | 22/27 | €5,533 | €3,914 | -€1,619 | -29.3% |
| Plant, machinery and equipment | 23 | €1,220 | €1,063 | -€158 | -12.9% |
| Furniture and vehicles | 24 | €4,312 | €2,851 | -€1,461 | -33.9% |
| Current assets | 29/58 | €154,825 | €193,883 | +€39,058 | +25.2% |
| Amounts receivable within one year | 40/41 | €24,844 | €22,271 | -€2,573 | -10.4% |
| Trade receivables | 40 | €24,844 | €21,914 | -€2,930 | -11.8% |
| Other amounts receivable | 41 | - | €357 | +€357 | |
| Cash at bank and in hand | 54/58 | €128,976 | €170,454 | +€41,478 | +32.2% |
| Deferred charges and accrued income | 490/1 | €1,005 | €1,158 | +€153 | +15.3% |
| Total equity and liabilities | 10/49 | €160,358 | €197,797 | +€37,439 | +23.3% |
| Equity | 10/15 | €134,946 | €186,531 | +€51,585 | +38.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €39,301 | €39,301 | = | 0.0% |
| Distributable reserves | 133 | €39,301 | €39,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,645 | €146,230 | +€51,585 | +54.5% |
| Amounts payable | 17/49 | €25,412 | €11,266 | -€14,146 | -55.7% |
| Amounts payable within one year | 42/48 | €25,412 | €11,266 | -€14,146 | -55.7% |
| Trade debts | 44 | €5,521 | €1,044 | -€4,477 | -81.1% |
| Suppliers | 440/4 | €5,521 | €1,044 | -€4,477 | -81.1% |
| Taxes, remuneration and social security | 45 | €18,400 | €10,222 | -€8,179 | -44.4% |
| Taxes | 450/3 | €18,400 | €10,222 | -€8,179 | -44.4% |
| Other amounts payable | 47/48 | €1,490 | €0 | -€1,490 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,766 | €2,384 | -€382 | -13.8% |
| Other operating charges | 640/8 | €641 | €652 | +€12 | +1.9% |
| Gross operating margin | 9900 | €59,357 | €68,264 | +€8,908 | +15.0% |
| Operating profit (loss) | 9901 | €55,950 | €65,228 | +€9,278 | +16.6% |
| Financial income | 75/76B | €4 | €15 | +€11 | +240.1% |
| Recurring financial income | 75 | €4 | €15 | +€11 | +240.1% |
| Financial charges | 65/66B | €420 | €262 | -€158 | -37.6% |
| Recurring financial charges | 65 | €420 | €262 | -€158 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €55,535 | €64,981 | +€9,446 | +17.0% |
| Income taxes | 67/77 | €11,380 | €13,396 | +€2,017 | +17.7% |
| Profit (loss) for the period | 9904 | €44,155 | €51,585 | +€7,430 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,155 | €51,585 | +€7,430 | +16.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.