Codeetry: 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.
Codeetry
Largest movements
- Receivables within one year -€37,592
down €37,592 (-99.8%), from €37,677 to €85
- Tangible fixed assets -€5,684
down €5,684 (-25.9%), from €21,938 to €16,254
of which Furniture and vehicles: -€4,343
- Deferred charges and accrued income +€2,253
new in 2025: €2,253
- Cash +€1,361
up €1,361 (+25.7%), from €5,285 to €6,645
mainly Receivables within one year (+€37,592) and Depreciation (+€8,856)
- Profit (loss) carried forward -€27,307
down €27,307 (-316%), from -€8,637 to -€35,944
- Tax, wage and social debts -€7,727
down €7,727 (-73.1%), from €10,564 to €2,838
- Other debts -€4,356
down €4,356 (-76.1%), from €5,721 to €1,365
- Gross operating margin -€25,728
down €25,728, from €9,868 to -€15,860
- Financial charges +€2,116
up €2,116 (+1,705%), from €124 to €2,240
- Depreciation -€749
down €749 (-7.8%), from €9,605 to €8,856
- Taxes -€445
down €445 (-75.3%), from €591 to €146
- Other operating charges +€205
new in 2025: €205
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 | €64,899 | €25,237 | -€39,662 | -61.1% |
| Fixed assets | 21/28 | €21,938 | €16,254 | -€5,684 | -25.9% |
| Tangible fixed assets | 22/27 | €21,938 | €16,254 | -€5,684 | -25.9% |
| Land and buildings | 22 | €7,064 | €5,902 | -€1,162 | -16.4% |
| Plant, machinery and equipment | 23 | €348 | €169 | -€179 | -51.4% |
| Furniture and vehicles | 24 | €14,526 | €10,183 | -€4,343 | -29.9% |
| Current assets | 29/58 | €42,961 | €8,983 | -€33,979 | -79.1% |
| Amounts receivable within one year | 40/41 | €37,677 | €85 | -€37,592 | -99.8% |
| Trade receivables | 40 | €37,677 | €85 | -€37,592 | -99.8% |
| Cash at bank and in hand | 54/58 | €5,285 | €6,645 | +€1,361 | +25.7% |
| Deferred charges and accrued income | 490/1 | - | €2,253 | +€2,253 | |
| Total equity and liabilities | 10/49 | €64,899 | €25,237 | -€39,662 | -61.1% |
| Equity | 10/15 | €48,059 | €20,752 | -€27,307 | -56.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,496 | €50,496 | = | 0.0% |
| Distributable reserves | 133 | €50,496 | €50,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,637 | -€35,944 | -€27,307 | -316% |
| Amounts payable | 17/49 | €16,840 | €4,485 | -€12,355 | -73.4% |
| Amounts payable within one year | 42/48 | €16,840 | €4,485 | -€12,355 | -73.4% |
| Trade debts | 44 | €555 | €283 | -€273 | -49.1% |
| Suppliers | 440/4 | €555 | €283 | -€273 | -49.1% |
| Taxes, remuneration and social security | 45 | €10,564 | €2,838 | -€7,727 | -73.1% |
| Taxes | 450/3 | €10,564 | €2,838 | -€7,727 | -73.1% |
| Other amounts payable | 47/48 | €5,721 | €1,365 | -€4,356 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,605 | €8,856 | -€749 | -7.8% |
| Other operating charges | 640/8 | - | €205 | +€205 | |
| Gross operating margin | 9900 | €9,868 | -€15,860 | -€25,728 | |
| Operating profit (loss) | 9901 | €263 | -€24,921 | -€25,184 | |
| Financial charges | 65/66B | €124 | €2,240 | +€2,116 | +1,705% |
| Recurring financial charges | 65 | €124 | €2,240 | +€2,116 | +1,705% |
| Profit (loss) for the period before taxes | 9903 | €139 | -€27,161 | -€27,300 | |
| Income taxes | 67/77 | €591 | €146 | -€445 | -75.3% |
| Profit (loss) for the period | 9904 | -€452 | -€27,307 | -€26,855 | -5,941% |
| Profit (loss) for the period to be appropriated | 9905 | -€452 | -€27,307 | -€26,855 | -5,941% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.