CODEALIM: 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.
CODEALIM
Largest movements
- Cash -€47,893
down €47,893 (-77.0%), from €62,239 to €14,346
mainly Net result for the year (-€24,466) and Other debts (-€23,599)
- Receivables within one year +€12,190
up €12,190 (+31.3%), from €38,933 to €51,123
of which Trade receivables: +€7,367
- Tangible fixed assets -€10,523
down €10,523 (-5.3%), from €197,576 to €187,053
- Other debts -€23,599
no longer reported in 2024 (was €23,599)
- Profit (loss) carried forward -€23,442
down €23,442 (-28.9%), from €81,145 to €57,703
- Trade debts +€5,663
up €5,663 (+71.5%), from €7,922 to €13,585
- Debts after one year -€4,609
down €4,609 (-8.4%), from €55,047 to €50,438
- Gross operating margin -€138,876
down €138,876, from €133,495 to -€5,381
- Taxes -€25,097
no longer reported in 2024 (was €25,097)
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 | €298,748 | €252,522 | -€46,226 | -15.5% |
| Fixed assets | 21/28 | €197,576 | €187,053 | -€10,523 | -5.3% |
| Tangible fixed assets | 22/27 | €197,576 | €187,053 | -€10,523 | -5.3% |
| Land and buildings | 22 | €197,576 | €187,053 | -€10,523 | -5.3% |
| Current assets | 29/58 | €101,172 | €65,469 | -€35,703 | -35.3% |
| Amounts receivable within one year | 40/41 | €38,933 | €51,123 | +€12,190 | +31.3% |
| Trade receivables | 40 | €38,030 | €45,397 | +€7,367 | +19.4% |
| Other amounts receivable | 41 | €903 | €5,726 | +€4,823 | +534.1% |
| Cash at bank and in hand | 54/58 | €62,239 | €14,346 | -€47,893 | -77.0% |
| Total equity and liabilities | 10/49 | €298,748 | €252,522 | -€46,226 | -15.5% |
| Equity | 10/15 | €200,243 | €175,778 | -€24,465 | -12.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €88,111 | €87,088 | -€1,023 | -1.2% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,012 | €13,989 | -€1,023 | -6.8% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,145 | €57,703 | -€23,442 | -28.9% |
| Provisions and deferred taxes | 16 | €7,734 | €7,206 | -€528 | -6.8% |
| Deferred taxes | 168 | €7,734 | €7,206 | -€528 | -6.8% |
| Amounts payable | 17/49 | €90,771 | €69,538 | -€21,233 | -23.4% |
| Amounts payable after more than one year | 17 | €55,047 | €50,438 | -€4,609 | -8.4% |
| Financial debts | 170/4 | €55,047 | €50,438 | -€4,609 | -8.4% |
| Amounts payable within one year | 42/48 | €35,724 | €17,402 | -€18,322 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €4,203 | €3,817 | -€386 | -9.2% |
| Trade debts | 44 | €7,922 | €13,585 | +€5,663 | +71.5% |
| Suppliers | 440/4 | €7,922 | €13,585 | +€5,663 | +71.5% |
| Other amounts payable | 47/48 | €23,599 | - | -€23,599 | |
| Accrued charges and deferred income | 492/3 | - | €1,698 | +€1,698 | |
| Non-recurring operating income | 76A | €128,780 | - | -€128,780 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,523 | €10,523 | = | 0.0% |
| Other operating charges | 640/8 | €3,386 | €2,193 | -€1,193 | -35.2% |
| Gross operating margin | 9900 | €133,495 | -€5,381 | -€138,876 | |
| Operating profit (loss) | 9901 | €119,586 | -€18,097 | -€137,683 | |
| Financial charges | 65/66B | €6,045 | €6,896 | +€851 | +14.1% |
| Recurring financial charges | 65 | €6,045 | €6,896 | +€851 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €113,541 | -€24,993 | -€138,534 | |
| Transfer from deferred taxes | 780 | €527 | €527 | = | 0.0% |
| Income taxes | 67/77 | €25,097 | - | -€25,097 | |
| Profit (loss) for the period | 9904 | €88,971 | -€24,466 | -€113,437 | |
| Transfer from tax-exempt reserves | 789 | €1,024 | €1,024 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,995 | -€23,442 | -€113,437 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.