CodeKite: 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.
CodeKite
Largest movements
- Cash +€105,703
up €105,703 (+93.6%), from €112,925 to €218,629
mainly Net result for the year (+€57,359) and Tax, wage and social debts (+€16,643)
- Tangible fixed assets -€26,623
down €26,623 (-33.4%), from €79,813 to €53,190
of which Furniture and vehicles: -€26,104
- Profit (loss) carried forward +€57,359
up €57,359 (+27.3%), from €210,164 to €267,523
- Tax, wage and social debts +€16,643
up €16,643 (+206.6%), from €8,057 to €24,700
of which Taxes: +€14,315
- Gross operating margin +€51,243
up €51,243 (+107.3%), from €47,736 to €98,978
- Taxes +€14,315
up €14,315 (+177.7%), from €8,057 to €22,372
- Other operating charges -€1,338
down €1,338 (-69.3%), from €1,931 to €594
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 | €238,970 | €317,151 | +€78,181 | +32.7% |
| Fixed assets | 21/28 | €79,813 | €53,190 | -€26,623 | -33.4% |
| Tangible fixed assets | 22/27 | €79,813 | €53,190 | -€26,623 | -33.4% |
| Plant, machinery and equipment | 23 | €801 | €282 | -€519 | -64.8% |
| Furniture and vehicles | 24 | €79,012 | €52,908 | -€26,104 | -33.0% |
| Current assets | 29/58 | €159,158 | €263,961 | +€104,804 | +65.8% |
| Amounts receivable within one year | 40/41 | €4,569 | €4,052 | -€516 | -11.3% |
| Trade receivables | 40 | €3,685 | €3,685 | = | 0.0% |
| Other amounts receivable | 41 | €884 | €367 | -€516 | -58.4% |
| Current investments | 50/53 | €7,322 | €5,952 | -€1,370 | -18.7% |
| Cash at bank and in hand | 54/58 | €112,925 | €218,629 | +€105,703 | +93.6% |
| Deferred charges and accrued income | 490/1 | €34,341 | €35,328 | +€987 | +2.9% |
| Total equity and liabilities | 10/49 | €238,970 | €317,151 | +€78,181 | +32.7% |
| Equity | 10/15 | €212,364 | €269,723 | +€57,359 | +27.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €210,164 | €267,523 | +€57,359 | +27.3% |
| Amounts payable | 17/49 | €26,606 | €47,429 | +€20,823 | +78.3% |
| Amounts payable within one year | 42/48 | €21,500 | €40,677 | +€19,177 | +89.2% |
| Trade debts | 44 | €1,483 | €4,091 | +€2,608 | +175.8% |
| Suppliers | 440/4 | €1,483 | €4,091 | +€2,608 | +175.8% |
| Taxes, remuneration and social security | 45 | €8,057 | €24,700 | +€16,643 | +206.6% |
| Taxes | 450/3 | €8,057 | €22,372 | +€14,315 | +177.7% |
| Remuneration and social security | 454/9 | - | €2,328 | +€2,328 | |
| Other amounts payable | 47/48 | €11,960 | €11,886 | -€74 | -0.6% |
| Accrued charges and deferred income | 492/3 | €5,106 | €6,752 | +€1,646 | +32.2% |
| Non-recurring operating income | 76A | - | €8,983 | +€8,983 | |
| Remuneration, social security and pensions | 62 | €1,920 | €1,920 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,703 | €16,405 | +€703 | +4.5% |
| Other operating charges | 640/8 | €1,931 | €594 | -€1,338 | -69.3% |
| Gross operating margin | 9900 | €47,736 | €98,978 | +€51,243 | +107.3% |
| Operating profit (loss) | 9901 | €28,182 | €80,059 | +€51,878 | +184.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €242 | €329 | +€87 | +36.0% |
| Recurring financial charges | 65 | €242 | €329 | +€87 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €27,939 | €79,730 | +€51,791 | +185.4% |
| Income taxes | 67/77 | €8,057 | €22,372 | +€14,315 | +177.7% |
| Profit (loss) for the period | 9904 | €19,883 | €57,359 | +€37,476 | +188.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,883 | €57,359 | +€37,476 | +188.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.