CODEIMMO: 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.
CODEIMMO
Largest movements
- Tangible fixed assets -€11,881
down €11,881 (-7.4%), from €160,472 to €148,591
- Cash -€4,257
down €4,257 (-14.0%), from €30,356 to €26,099
mainly Debts after one year (-€23,264) and Tax, wage and social debts (-€2,762)
- Debts after one year -€23,264
down €23,264 (-28.2%), from €82,630 to €59,366
- Profit (loss) carried forward +€9,709
up €9,709 (+49.0%), from €19,806 to €29,516
- Tax, wage and social debts -€2,762
down €2,762 (-39.4%), from €7,014 to €4,252
- Gross operating margin -€2,189
down €2,189 (-5.9%), from €37,311 to €35,122
- Other operating charges +€1,831
up €1,831 (+56.6%), from €3,238 to €5,069
- Financial charges -€1,005
down €1,005 (-15.9%), from €6,311 to €5,306
- Taxes -€981
down €981 (-23.1%), from €4,252 to €3,272
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 | €191,190 | €176,082 | -€15,107 | -7.9% |
| Fixed assets | 21/28 | €160,472 | €148,591 | -€11,881 | -7.4% |
| Tangible fixed assets | 22/27 | €160,472 | €148,591 | -€11,881 | -7.4% |
| Land and buildings | 22 | €160,472 | €148,591 | -€11,881 | -7.4% |
| Current assets | 29/58 | €30,718 | €27,492 | -€3,226 | -10.5% |
| Amounts receivable within one year | 40/41 | - | €999 | +€999 | |
| Other amounts receivable | 41 | - | €999 | +€999 | |
| Cash at bank and in hand | 54/58 | €30,356 | €26,099 | -€4,257 | -14.0% |
| Deferred charges and accrued income | 490/1 | €362 | €393 | +€32 | +8.8% |
| Total equity and liabilities | 10/49 | €191,190 | €176,082 | -€15,107 | -7.9% |
| Equity | 10/15 | €77,277 | €86,987 | +€9,709 | +12.6% |
| Contributions | 10/11 | €10,185 | €10,185 | = | 0.0% |
| Reserves | 13 | €47,286 | €47,286 | = | 0.0% |
| Distributable reserves | 133 | €47,286 | €47,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,806 | €29,516 | +€9,709 | +49.0% |
| Amounts payable | 17/49 | €113,912 | €89,096 | -€24,816 | -21.8% |
| Amounts payable after more than one year | 17 | €82,630 | €59,366 | -€23,264 | -28.2% |
| Financial debts | 170/4 | €82,630 | €59,366 | -€23,264 | -28.2% |
| Amounts payable within one year | 42/48 | €31,283 | €29,730 | -€1,552 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €22,055 | €23,264 | +€1,209 | +5.5% |
| Trade debts | 44 | €2,214 | €2,214 | = | 0.0% |
| Suppliers | 440/4 | €2,214 | €2,214 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,014 | €4,252 | -€2,762 | -39.4% |
| Taxes | 450/3 | €7,014 | €4,252 | -€2,762 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,177 | €11,881 | -€295 | -2.4% |
| Other operating charges | 640/8 | €3,238 | €5,069 | +€1,831 | +56.6% |
| Gross operating margin | 9900 | €37,311 | €35,122 | -€2,189 | -5.9% |
| Operating profit (loss) | 9901 | €21,897 | €18,172 | -€3,725 | -17.0% |
| Financial income | 75/76B | €187 | €115 | -€73 | -38.7% |
| Recurring financial income | 75 | €187 | €115 | -€73 | -38.7% |
| Financial charges | 65/66B | €6,311 | €5,306 | -€1,005 | -15.9% |
| Recurring financial charges | 65 | €6,311 | €5,306 | -€1,005 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €15,773 | €12,981 | -€2,792 | -17.7% |
| Income taxes | 67/77 | €4,252 | €3,272 | -€981 | -23.1% |
| Profit (loss) for the period | 9904 | €11,521 | €9,709 | -€1,812 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,521 | €9,709 | -€1,812 | -15.7% |
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 13 October 2026 via checked.be.