CodeFever: 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.
CodeFever
Largest movements
- Cash +€238,374
up €238,374 (+119.0%), from €200,239 to €438,613
mainly Accrued charges and deferred income (+€145,630) and Debts within one year (+€54,321)
- Deferred charges and accrued income -€37,796
down €37,796 (-31.9%), from €118,330 to €80,533
- Accrued charges and deferred income +€145,630
up €145,630 (+55.8%), from €260,933 to €406,562
- Debts within one year +€54,321
up €54,321 (+24.5%), from €221,948 to €276,269
of which Trade debts: +€53,326
- Staff costs -€136,640
down €136,640 (-19.9%), from €687,096 to €550,457
- Gross operating margin -€75,635
down €75,635 (-10.2%), from €744,635 to €668,999
- Financial charges +€10,038
up €10,038 (+205.3%), from €4,889 to €14,927
- Depreciation +€9,281
up €9,281 (+168.0%), from €5,525 to €14,806
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 | €501,153 | €701,523 | +€200,370 | +40.0% |
| Fixed assets | 21/28 | €60,885 | €61,453 | +€569 | +0.9% |
| Intangible fixed assets | 21 | €38,626 | €44,483 | +€5,857 | +15.2% |
| Tangible fixed assets | 22/27 | €22,258 | €16,720 | -€5,538 | -24.9% |
| Furniture and vehicles | 24 | €22,258 | €16,720 | -€5,538 | -24.9% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €440,268 | €640,069 | +€199,801 | +45.4% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,200 | €923 | -€277 | -23.1% |
| Trade receivables | 40 | €1,200 | €750 | -€450 | -37.5% |
| Other amounts receivable | 41 | - | €173 | +€173 | |
| Current investments | 50/53 | €500 | €0 | -€500 | -100.0% |
| Cash at bank and in hand | 54/58 | €200,239 | €438,613 | +€238,374 | +119.0% |
| Deferred charges and accrued income | 490/1 | €118,330 | €80,533 | -€37,796 | -31.9% |
| Total equity and liabilities | 10/49 | €501,153 | €701,523 | +€200,370 | +40.0% |
| Equity | 10/15 | €4,290 | €9,294 | +€5,004 | +116.6% |
| Profit (loss) carried forward | 14 | €4,290 | €9,294 | +€5,004 | +116.6% |
| Amounts payable | 17/49 | €496,862 | €692,228 | +€195,366 | +39.3% |
| Amounts payable after more than one year | 17 | €13,982 | €9,397 | -€4,585 | -32.8% |
| Financial debts | 170/4 | €13,982 | €9,397 | -€4,585 | -32.8% |
| Amounts payable within one year | 42/48 | €221,948 | €276,269 | +€54,321 | +24.5% |
| Financial debts | 43 | €4,379 | €4,585 | +€205 | +4.7% |
| Credit institutions | 430/8 | €4,379 | €4,585 | +€205 | +4.7% |
| Trade debts | 44 | €41,748 | €95,074 | +€53,326 | +127.7% |
| Suppliers | 440/4 | €41,748 | €95,074 | +€53,326 | +127.7% |
| Taxes, remuneration and social security | 45 | €35,791 | €61,015 | +€25,224 | +70.5% |
| Taxes | 450/3 | €318 | - | -€318 | |
| Remuneration and social security | 454/9 | €35,474 | €61,015 | +€25,541 | +72.0% |
| Accrued charges and deferred income | 492/3 | €260,933 | €406,562 | +€145,630 | +55.8% |
| Remuneration, social security and pensions | 62 | €687,096 | €550,457 | -€136,640 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,525 | €14,806 | +€9,281 | +168.0% |
| Other operating charges | 640/8 | €574 | €199 | -€375 | -65.3% |
| Non-recurring operating charges | 66A | €50,000 | €85,000 | +€35,000 | +70.0% |
| Gross operating margin | 9900 | €744,635 | €668,999 | -€75,635 | -10.2% |
| Operating profit (loss) | 9901 | €1,439 | €18,537 | +€17,098 | +1188.1% |
| Financial income | 75/76B | €1,137 | €2,230 | +€1,094 | +96.2% |
| Recurring financial income | 75 | €1,137 | €2,230 | +€1,094 | +96.2% |
| Financial charges | 65/66B | €4,889 | €14,927 | +€10,038 | +205.3% |
| Recurring financial charges | 65 | €4,889 | €14,927 | +€10,038 | +205.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,313 | €5,841 | +€8,154 | |
| Income taxes | 67/77 | €318 | €837 | +€519 | +163.6% |
| Profit (loss) for the period | 9904 | -€2,630 | €5,004 | +€7,634 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,630 | €5,004 | +€7,634 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.