CODEBOY.BE: 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.
CODEBOY.BE
Largest movements
- Tangible fixed assets +€5,912
up €5,912 (+38.1%), from €15,500 to €21,412
- Cash +€3,330
up €3,330 (+37.5%), from €8,877 to €12,207
mainly Debts after one year (+€7,136) and Depreciation (+€6,782)
- Receivables within one year -€2,332
down €2,332 (-3.6%), from €65,459 to €63,126
of which Trade receivables: -€1,809
- Debts after one year +€7,136
new in 2025: €7,136
- Tax, wage and social debts -€6,065
down €6,065 (-59.7%), from €10,158 to €4,093
- Reserves +€5,000
up €5,000 (+11.6%), from €43,207 to €48,207
of which Distributable reserves: +€5,000
- Other debts -€2,920
no longer reported in 2025 (was €2,920)
- Current portion of long-term debt +€2,784
new in 2025: €2,784
- Depreciation +€6,282
up €6,282 (+1,256%), from €500 to €6,782
- Gross operating margin -€1,786
down €1,786 (-9.2%), from €19,380 to €17,594
- Taxes -€1,022
down €1,022 (-22.5%), from €4,537 to €3,515
- Other operating charges +€333
up €333 (+28.5%), from €1,166 to €1,498
- Financial charges +€321
up €321 (+80.2%), from €400 to €721
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.
Derived cash bridge
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 | €99,760 | €106,669 | +€6,909 | +6.9% |
| Fixed assets | 21/28 | €25,425 | €31,336 | +€5,912 | +23.3% |
| Tangible fixed assets | 22/27 | €15,500 | €21,412 | +€5,912 | +38.1% |
| Furniture and vehicles | 24 | €15,500 | €21,412 | +€5,912 | +38.1% |
| Financial fixed assets | 28 | €9,925 | €9,925 | = | 0.0% |
| Current assets | 29/58 | €74,336 | €75,333 | +€997 | +1.3% |
| Amounts receivable within one year | 40/41 | €65,459 | €63,126 | -€2,332 | -3.6% |
| Trade receivables | 40 | €39,452 | €37,643 | -€1,809 | -4.6% |
| Other amounts receivable | 41 | €26,007 | €25,483 | -€523 | -2.0% |
| Cash at bank and in hand | 54/58 | €8,877 | €12,207 | +€3,330 | +37.5% |
| Total equity and liabilities | 10/49 | €99,760 | €106,669 | +€6,909 | +6.9% |
| Equity | 10/15 | €86,683 | €91,760 | +€5,078 | +5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,207 | €48,207 | +€5,000 | +11.6% |
| 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 | €41,347 | €46,347 | +€5,000 | +12.1% |
| Profit (loss) carried forward | 14 | €37,275 | €37,353 | +€78 | +0.2% |
| Amounts payable | 17/49 | €13,078 | €14,909 | +€1,831 | +14.0% |
| Amounts payable after more than one year | 17 | - | €7,136 | +€7,136 | |
| Financial debts | 170/4 | - | €7,136 | +€7,136 | |
| Amounts payable within one year | 42/48 | €13,078 | €7,772 | -€5,305 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | - | €2,784 | +€2,784 | |
| Trade debts | 44 | - | €896 | +€896 | |
| Suppliers | 440/4 | - | €896 | +€896 | |
| Taxes, remuneration and social security | 45 | €10,158 | €4,093 | -€6,065 | -59.7% |
| Taxes | 450/3 | €10,158 | €4,093 | -€6,065 | -59.7% |
| Other amounts payable | 47/48 | €2,920 | - | -€2,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €6,782 | +€6,282 | +1,256% |
| Other operating charges | 640/8 | €1,166 | €1,498 | +€333 | +28.5% |
| Gross operating margin | 9900 | €19,380 | €17,594 | -€1,786 | -9.2% |
| Operating profit (loss) | 9901 | €17,714 | €9,314 | -€8,401 | -47.4% |
| Financial charges | 65/66B | €400 | €721 | +€321 | +80.2% |
| Recurring financial charges | 65 | €400 | €721 | +€321 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €17,314 | €8,593 | -€8,721 | -50.4% |
| Income taxes | 67/77 | €4,537 | €3,515 | -€1,022 | -22.5% |
| Profit (loss) for the period | 9904 | €12,777 | €5,078 | -€7,699 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,777 | €5,078 | -€7,699 | -60.3% |
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 25 October 2026 via checked.be.