CodeControl: 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.
CodeControl
Largest movements
- Cash +€61,867
up €61,867 (+50.7%), from €122,038 to €183,904
mainly Net result for the year (+€38,033) and Receivables within one year (+€13,277)
- Receivables within one year -€13,277
down €13,277 (-30.7%), from €43,286 to €30,010
of which Other amounts receivable: -€12,303
- Tangible fixed assets -€8,814
down €8,814 (-84.6%), from €10,418 to €1,604
of which Furniture and vehicles: -€8,507
- Reserves +€37,133
up €37,133 (+27.2%), from €136,560 to €173,693
- Other debts +€3,756
up €3,756 (+154.2%), from €2,435 to €6,191
- Gross operating margin +€7,953
up €7,953 (+14.5%), from €54,899 to €62,852
- Taxes +€2,693
up €2,693 (+21.4%), from €12,588 to €15,281
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 | €175,742 | €215,928 | +€40,186 | +22.9% |
| Fixed assets | 21/28 | €10,418 | €1,604 | -€8,814 | -84.6% |
| Tangible fixed assets | 22/27 | €10,418 | €1,604 | -€8,814 | -84.6% |
| Plant, machinery and equipment | 23 | €314 | €6 | -€307 | -97.9% |
| Furniture and vehicles | 24 | €10,104 | €1,598 | -€8,507 | -84.2% |
| Current assets | 29/58 | €165,324 | €214,324 | +€49,000 | +29.6% |
| Amounts receivable within one year | 40/41 | €43,286 | €30,010 | -€13,277 | -30.7% |
| Trade receivables | 40 | €23,571 | €22,598 | -€973 | -4.1% |
| Other amounts receivable | 41 | €19,716 | €7,412 | -€12,303 | -62.4% |
| Cash at bank and in hand | 54/58 | €122,038 | €183,904 | +€61,867 | +50.7% |
| Deferred charges and accrued income | 490/1 | - | €410 | +€410 | |
| Total equity and liabilities | 10/49 | €175,742 | €215,928 | +€40,186 | +22.9% |
| Equity | 10/15 | €155,160 | €192,293 | +€37,133 | +23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,560 | €173,693 | +€37,133 | +27.2% |
| Distributable reserves | 133 | €136,560 | €173,693 | +€37,133 | +27.2% |
| Amounts payable | 17/49 | €20,582 | €23,635 | +€3,053 | +14.8% |
| Amounts payable within one year | 42/48 | €20,582 | €23,635 | +€3,053 | +14.8% |
| Trade debts | 44 | €417 | €1,364 | +€946 | +226.6% |
| Suppliers | 440/4 | €417 | €1,364 | +€946 | +226.6% |
| Taxes, remuneration and social security | 45 | €17,729 | €16,081 | -€1,649 | -9.3% |
| Taxes | 450/3 | €14,578 | €16,081 | +€1,503 | +10.3% |
| Remuneration and social security | 454/9 | €3,152 | - | -€3,152 | |
| Other amounts payable | 47/48 | €2,435 | €6,191 | +€3,756 | +154.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,942 | €8,814 | -€128 | -1.4% |
| Other operating charges | 640/8 | €613 | €628 | +€14 | +2.3% |
| Gross operating margin | 9900 | €54,899 | €62,852 | +€7,953 | +14.5% |
| Operating profit (loss) | 9901 | €45,344 | €53,410 | +€8,066 | +17.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €150 | €97 | -€53 | -35.4% |
| Recurring financial charges | 65 | €150 | €97 | -€53 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €45,194 | €53,313 | +€8,119 | +18.0% |
| Income taxes | 67/77 | €12,588 | €15,281 | +€2,693 | +21.4% |
| Profit (loss) for the period | 9904 | €32,606 | €38,033 | +€5,426 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,606 | €38,033 | +€5,426 | +16.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.