Codelab42: 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.
Codelab42
Largest movements
- Cash -€3,703
down €3,703 (-10.8%), from €34,236 to €30,534
mainly Receivables within one year (-€2,289) and Other debts (-€930)
- Receivables within one year +€2,289
up €2,289 (+383%), from €598 to €2,887
- Other debts -€930
down €930 (-50.3%), from €1,850 to €920
- Profit (loss) carried forward -€696
down €696 (-6.8%), from €10,196 to €9,500
- Trade debts +€515
up €515 (+65.4%), from €788 to €1,303
- Gross operating margin -€5,790
down €5,790 (-95.9%), from €6,039 to €249
- Taxes -€1,241
no longer reported in 2025 (was €1,241)
- Financial income +€159
up €159 (+4,887%), from €3 to €162
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 | €34,834 | €33,723 | -€1,111 | -3.2% |
| Current assets | 29/58 | €34,834 | €33,723 | -€1,111 | -3.2% |
| Amounts receivable within one year | 40/41 | €598 | €2,887 | +€2,289 | +383% |
| Other amounts receivable | 41 | €598 | €2,887 | +€2,289 | +383% |
| Cash at bank and in hand | 54/58 | €34,236 | €30,534 | -€3,703 | -10.8% |
| Deferred charges and accrued income | 490/1 | - | €302 | +€302 | |
| Total equity and liabilities | 10/49 | €34,834 | €33,723 | -€1,111 | -3.2% |
| Equity | 10/15 | €32,196 | €31,500 | -€696 | -2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,196 | €9,500 | -€696 | -6.8% |
| Amounts payable | 17/49 | €2,638 | €2,223 | -€415 | -15.7% |
| Amounts payable within one year | 42/48 | €2,638 | €2,223 | -€415 | -15.7% |
| Trade debts | 44 | €788 | €1,303 | +€515 | +65.4% |
| Suppliers | 440/4 | €788 | €1,303 | +€515 | +65.4% |
| Other amounts payable | 47/48 | €1,850 | €920 | -€930 | -50.3% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €6,039 | €249 | -€5,790 | -95.9% |
| Operating profit (loss) | 9901 | €5,511 | -€295 | -€5,806 | |
| Financial income | 75/76B | €3 | €162 | +€159 | +4,887% |
| Recurring financial income | 75 | €3 | €162 | +€159 | +4,887% |
| Financial charges | 65/66B | €549 | €563 | +€15 | +2.7% |
| Recurring financial charges | 65 | €549 | €563 | +€15 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €4,965 | -€696 | -€5,661 | |
| Income taxes | 67/77 | €1,241 | - | -€1,241 | |
| Profit (loss) for the period | 9904 | €3,724 | -€696 | -€4,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,724 | -€696 | -€4,420 |
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 15 October 2026 via checked.be.