CODEFRISKO: 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.
CODEFRISKO
Largest movements
- Cash +€36,042
up €36,042 (+581.7%), from €6,196 to €42,238
mainly Net result for the year (+€28,118) and Other debts (+€9,558)
- Receivables within one year +€6,048
up €6,048 (+46.2%), from €13,083 to €19,130
of which Trade receivables: +€6,048
- Tangible fixed assets +€1,024
up €1,024 (+47.0%), from €2,178 to €3,201
- Profit (loss) carried forward +€28,118
up €28,118, from -€12,564 to €15,554
- Other debts +€9,558
up €9,558 (+123.8%), from €7,723 to €17,280
- Tax, wage and social debts +€4,479
up €4,479 (+3349.7%), from €134 to €4,613
- Trade debts +€959
up €959 (+16.8%), from €5,704 to €6,663
- Gross operating margin +€39,372
up €39,372, from -€5,731 to €33,641
- Other operating charges -€10,232
down €10,232 (-96.2%), from €10,632 to €400
- Taxes +€4,446
new in 2025: €4,446
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 | €21,456 | €64,569 | +€43,113 | +200.9% |
| Fixed assets | 21/28 | €2,178 | €3,201 | +€1,024 | +47.0% |
| Tangible fixed assets | 22/27 | €2,178 | €3,201 | +€1,024 | +47.0% |
| Furniture and vehicles | 24 | €2,178 | €3,201 | +€1,024 | +47.0% |
| Current assets | 29/58 | €19,279 | €61,368 | +€42,090 | +218.3% |
| Amounts receivable within one year | 40/41 | €13,083 | €19,130 | +€6,048 | +46.2% |
| Trade receivables | 40 | €7,083 | €13,130 | +€6,048 | +85.4% |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,196 | €42,238 | +€36,042 | +581.7% |
| Total equity and liabilities | 10/49 | €21,456 | €64,569 | +€43,113 | +200.9% |
| Equity | 10/15 | €7,896 | €36,014 | +€28,118 | +356.1% |
| 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 | -€12,564 | €15,554 | +€28,118 | |
| Amounts payable | 17/49 | €13,560 | €28,556 | +€14,995 | +110.6% |
| Amounts payable within one year | 42/48 | €13,560 | €28,556 | +€14,995 | +110.6% |
| Trade debts | 44 | €5,704 | €6,663 | +€959 | +16.8% |
| Suppliers | 440/4 | €5,704 | €6,663 | +€959 | +16.8% |
| Taxes, remuneration and social security | 45 | €134 | €4,613 | +€4,479 | +3349.7% |
| Taxes | 450/3 | €134 | €4,613 | +€4,479 | +3349.7% |
| Other amounts payable | 47/48 | €7,723 | €17,280 | +€9,558 | +123.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | €526 | +€188 | +55.7% |
| Other operating charges | 640/8 | €10,632 | €400 | -€10,232 | -96.2% |
| Gross operating margin | 9900 | -€5,731 | €33,641 | +€39,372 | |
| Operating profit (loss) | 9901 | -€16,701 | €32,715 | +€49,415 | |
| Financial charges | 65/66B | €139 | €150 | +€11 | +8.2% |
| Recurring financial charges | 65 | €139 | €150 | +€11 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,839 | €32,565 | +€49,404 | |
| Income taxes | 67/77 | - | €4,446 | +€4,446 | |
| Profit (loss) for the period | 9904 | -€16,839 | €28,118 | +€44,958 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,839 | €28,118 | +€44,958 |
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 6 October 2026 via checked.be.