CodeHex: 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.
CodeHex
Largest movements
- Cash -€54,992
down €54,992 (-87.4%), from €62,904 to €7,912
mainly Net result for the year (-€32,994) and Tax, wage and social debts (-€23,268)
- Deferred charges and accrued income -€2,259
down €2,259 (-58.7%), from €3,850 to €1,592
- Tangible fixed assets -€1,064
down €1,064 (-41.0%), from €2,593 to €1,529
- Profit (loss) carried forward -€32,994
new in 2025: -€32,994
- Tax, wage and social debts -€23,268
down €23,268 (-93.1%), from €25,000 to €1,732
of which Taxes: -€17,128
- Trade debts -€1,558
down €1,558 (-85.9%), from €1,815 to €257
- Gross operating margin -€80,977
down €80,977, from €49,293 to -€31,684
- Taxes -€13,679
down €13,679 (-99.0%), from €13,811 to €132
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 | €69,347 | €11,527 | -€57,820 | -83.4% |
| Fixed assets | 21/28 | €2,593 | €1,529 | -€1,064 | -41.0% |
| Tangible fixed assets | 22/27 | €2,593 | €1,529 | -€1,064 | -41.0% |
| Furniture and vehicles | 24 | €2,593 | €1,529 | -€1,064 | -41.0% |
| Current assets | 29/58 | €66,755 | €9,998 | -€56,756 | -85.0% |
| Amounts receivable within one year | 40/41 | - | €495 | +€495 | |
| Other amounts receivable | 41 | - | €495 | +€495 | |
| Cash at bank and in hand | 54/58 | €62,904 | €7,912 | -€54,992 | -87.4% |
| Deferred charges and accrued income | 490/1 | €3,850 | €1,592 | -€2,259 | -58.7% |
| Total equity and liabilities | 10/49 | €69,347 | €11,527 | -€57,820 | -83.4% |
| Equity | 10/15 | €37,352 | €4,358 | -€32,994 | -88.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €34,852 | €34,852 | = | 0.0% |
| Distributable reserves | 133 | €34,852 | €34,852 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€32,994 | -€32,994 | |
| Amounts payable | 17/49 | €31,995 | €7,169 | -€24,826 | -77.6% |
| Amounts payable within one year | 42/48 | €31,995 | €7,169 | -€24,826 | -77.6% |
| Trade debts | 44 | €1,815 | €257 | -€1,558 | -85.9% |
| Suppliers | 440/4 | €1,815 | €257 | -€1,558 | -85.9% |
| Taxes, remuneration and social security | 45 | €25,000 | €1,732 | -€23,268 | -93.1% |
| Taxes | 450/3 | €17,680 | €552 | -€17,128 | -96.9% |
| Remuneration and social security | 454/9 | €7,320 | €1,180 | -€6,140 | -83.9% |
| Other amounts payable | 47/48 | €5,180 | €5,180 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | €1,064 | +€464 | +77.4% |
| Gross operating margin | 9900 | €49,293 | -€31,684 | -€80,977 | |
| Operating profit (loss) | 9901 | €48,693 | -€32,748 | -€81,441 | |
| Financial charges | 65/66B | €30 | €114 | +€84 | +286.0% |
| Recurring financial charges | 65 | €30 | €114 | +€84 | +286.0% |
| Profit (loss) for the period before taxes | 9903 | €48,663 | -€32,862 | -€81,526 | |
| Income taxes | 67/77 | €13,811 | €132 | -€13,679 | -99.0% |
| Profit (loss) for the period | 9904 | €34,852 | -€32,994 | -€67,847 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,852 | -€32,994 | -€67,847 |
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 8 October 2026 via checked.be.