CodeCraft: 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.
CodeCraft
Largest movements
- Tangible fixed assets -€22,980
down €22,980 (-6.9%), from €331,440 to €308,460
of which Furniture and vehicles: -€12,532
- Stocks and contracts -€15,346
no longer reported in 2025 (was €15,346)
- Cash +€13,044
up €13,044 (+23.6%), from €55,199 to €68,242
mainly Net result for the year (+€52,781) and Depreciation (+€28,660)
- Receivables within one year -€5,980
down €5,980 (-8.8%), from €67,939 to €61,959
of which Other amounts receivable: -€5,488
- Profit (loss) carried forward -€29,219
down €29,219 (-28.9%), from €101,096 to €71,877
- Other debts +€28,462
up €28,462 (+120%), from €23,794 to €52,256
- Debts after one year -€15,958
down €15,958 (-6.4%), from €249,242 to €233,284
- Tax, wage and social debts -€10,910
down €10,910 (-33.2%), from €32,902 to €21,992
of which Remuneration and social security: -€13,771
- Current portion of long-term debt -€9,130
down €9,130 (-31.1%), from €29,350 to €20,221
- Staff costs -€26,668
down €26,668 (-14.7%), from €181,832 to €155,164
- Purchases and services -€18,872
down €18,872 (-7.3%), from €257,347 to €238,475
- Depreciation -€7,681
down €7,681 (-21.1%), from €36,342 to €28,660
- Taxes +€4,286
up €4,286 (+39.9%), from €10,737 to €15,022
- Gross operating margin -€4,128
down €4,128 (-1.5%), from €269,399 to €265,271
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 | €471,132 | €438,662 | -€32,471 | -6.9% |
| Fixed assets | 21/28 | €331,440 | €308,460 | -€22,980 | -6.9% |
| Tangible fixed assets | 22/27 | €331,440 | €308,460 | -€22,980 | -6.9% |
| Land and buildings | 22 | €285,859 | €275,771 | -€10,088 | -3.5% |
| Furniture and vehicles | 24 | €44,144 | €31,612 | -€12,532 | -28.4% |
| Other tangible fixed assets | 26 | €1,437 | €1,078 | -€359 | -25.0% |
| Current assets | 29/58 | €139,692 | €130,201 | -€9,491 | -6.8% |
| Stocks and contracts in progress | 3 | €15,346 | - | -€15,346 | |
| Stocks | 30/36 | €15,346 | - | -€15,346 | |
| Amounts receivable within one year | 40/41 | €67,939 | €61,959 | -€5,980 | -8.8% |
| Trade receivables | 40 | €62,379 | €61,887 | -€492 | -0.8% |
| Other amounts receivable | 41 | €5,560 | €72 | -€5,488 | -98.7% |
| Cash at bank and in hand | 54/58 | €55,199 | €68,242 | +€13,044 | +23.6% |
| Deferred charges and accrued income | 490/1 | €1,208 | - | -€1,208 | |
| Total equity and liabilities | 10/49 | €471,132 | €438,662 | -€32,471 | -6.9% |
| Equity | 10/15 | €121,556 | €92,337 | -€29,219 | -24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,096 | €71,877 | -€29,219 | -28.9% |
| Amounts payable | 17/49 | €349,576 | €346,324 | -€3,252 | -0.9% |
| Amounts payable after more than one year | 17 | €249,242 | €233,284 | -€15,958 | -6.4% |
| Financial debts | 170/4 | €249,242 | €233,284 | -€15,958 | -6.4% |
| Amounts payable within one year | 42/48 | €100,335 | €113,040 | +€12,706 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €29,350 | €20,221 | -€9,130 | -31.1% |
| Trade debts | 44 | €14,288 | €18,572 | +€4,284 | +30.0% |
| Suppliers | 440/4 | €14,288 | €18,572 | +€4,284 | +30.0% |
| Taxes, remuneration and social security | 45 | €32,902 | €21,992 | -€10,910 | -33.2% |
| Taxes | 450/3 | €5,263 | €8,124 | +€2,862 | +54.4% |
| Remuneration and social security | 454/9 | €27,640 | €13,868 | -€13,771 | -49.8% |
| Other amounts payable | 47/48 | €23,794 | €52,256 | +€28,462 | +120% |
| Non-recurring operating income | 76A | - | €14,362 | +€14,362 | |
| Goods, raw materials, services and sundry goods | 60/61 | €257,347 | €238,475 | -€18,872 | -7.3% |
| Remuneration, social security and pensions | 62 | €181,832 | €155,164 | -€26,668 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,342 | €28,660 | -€7,681 | -21.1% |
| Other operating charges | 640/8 | €1,820 | €2,810 | +€990 | +54.4% |
| Gross operating margin | 9900 | €269,399 | €265,271 | -€4,128 | -1.5% |
| Operating profit (loss) | 9901 | €49,406 | €78,637 | +€29,231 | +59.2% |
| Financial income | 75/76B | €23 | €7 | -€16 | -68.4% |
| Recurring financial income | 75 | €23 | €7 | -€16 | -68.4% |
| Financial charges | 65/66B | €11,488 | €10,841 | -€647 | -5.6% |
| Recurring financial charges | 65 | €11,488 | €10,841 | -€647 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €37,941 | €67,804 | +€29,862 | +78.7% |
| Income taxes | 67/77 | €10,737 | €15,022 | +€4,286 | +39.9% |
| Profit (loss) for the period | 9904 | €27,204 | €52,781 | +€25,577 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,204 | €52,781 | +€25,577 | +94.0% |
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 15 October 2026 via checked.be.