CodeDreams: 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.
CodeDreams
Largest movements
- Cash -€36,185
down €36,185 (-34.7%), from €104,281 to €68,096
mainly Contributions, distributions and other (-€66,525) and Other debts (-€28,156)
- Tangible fixed assets -€12,185
down €12,185 (-25.6%), from €47,614 to €35,429
of which Furniture and vehicles: -€11,735
- Other debts -€28,156
down €28,156 (-27.2%), from €103,681 to €75,525
- Profit (loss) carried forward -€19,049
down €19,049 (-100%), from €19,049 to €0
- Tax, wage and social debts -€4,886
down €4,886 (-43.9%), from €11,139 to €6,253
of which Taxes: -€4,134
- Trade debts +€2,383
up €2,383 (+244%), from €976 to €3,359
- Staff costs +€6,227
up €6,227 (+20.6%), from €30,233 to €36,460
- Gross operating margin +€3,785
up €3,785 (+3.6%), from €105,474 to €109,258
- Other operating charges -€1,351
down €1,351 (-64.2%), from €2,104 to €753
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 | €155,305 | €105,597 | -€49,708 | -32.0% |
| Fixed assets | 21/28 | €47,977 | €35,792 | -€12,185 | -25.4% |
| Tangible fixed assets | 22/27 | €47,614 | €35,429 | -€12,185 | -25.6% |
| Plant, machinery and equipment | 23 | €1,574 | €1,123 | -€450 | -28.6% |
| Furniture and vehicles | 24 | €46,040 | €34,305 | -€11,735 | -25.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €107,328 | €69,806 | -€37,522 | -35.0% |
| Amounts receivable within one year | 40/41 | €872 | €520 | -€352 | -40.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €872 | €520 | -€352 | -40.4% |
| Cash at bank and in hand | 54/58 | €104,281 | €68,096 | -€36,185 | -34.7% |
| Deferred charges and accrued income | 490/1 | €2,175 | €1,190 | -€985 | -45.3% |
| Total equity and liabilities | 10/49 | €155,305 | €105,597 | -€49,708 | -32.0% |
| Equity | 10/15 | €39,509 | €20,460 | -€19,049 | -48.2% |
| Contributions | 10/11 | €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 | €19,049 | €0 | -€19,049 | -100% |
| Amounts payable | 17/49 | €115,796 | €85,137 | -€30,659 | -26.5% |
| Amounts payable within one year | 42/48 | €115,796 | €85,137 | -€30,659 | -26.5% |
| Trade debts | 44 | €976 | €3,359 | +€2,383 | +244% |
| Suppliers | 440/4 | €976 | €3,359 | +€2,383 | +244% |
| Taxes, remuneration and social security | 45 | €11,139 | €6,253 | -€4,886 | -43.9% |
| Taxes | 450/3 | €6,694 | €2,560 | -€4,134 | -61.8% |
| Remuneration and social security | 454/9 | €4,446 | €3,693 | -€753 | -16.9% |
| Other amounts payable | 47/48 | €103,681 | €75,525 | -€28,156 | -27.2% |
| Remuneration, social security and pensions | 62 | €30,233 | €36,460 | +€6,227 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,631 | €12,185 | -€446 | -3.5% |
| Other operating charges | 640/8 | €2,104 | €753 | -€1,351 | -64.2% |
| Gross operating margin | 9900 | €105,474 | €109,258 | +€3,785 | +3.6% |
| Operating profit (loss) | 9901 | €60,505 | €59,859 | -€646 | -1.1% |
| Financial income | 75/76B | €0 | €315 | +€315 | |
| Recurring financial income | 75 | €0 | €315 | +€315 | |
| Financial charges | 65/66B | €118 | €218 | +€100 | +85.2% |
| Recurring financial charges | 65 | €118 | €218 | +€100 | +85.2% |
| Profit (loss) for the period before taxes | 9903 | €60,388 | €59,956 | -€431 | -0.7% |
| Income taxes | 67/77 | €13,338 | €12,480 | -€858 | -6.4% |
| Profit (loss) for the period | 9904 | €47,049 | €47,476 | +€427 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,049 | €47,476 | +€427 | +0.9% |
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 24 October 2026 via checked.be.