Codelance: 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.
Codelance
Largest movements
- Cash +€19,812
up €19,812 (+110.4%), from €17,947 to €37,759
mainly Net result for the year (+€24,362) and Tax, wage and social debts (+€6,624)
- Tangible fixed assets +€6,021
up €6,021 (+20712.9%), from €29 to €6,050
- Receivables within one year +€5,150
up €5,150 (+195.5%), from €2,634 to €7,784
of which Trade receivables: +€3,575
- Deferred charges and accrued income -€3,116
no longer reported in 2025 (was €3,116)
- Reserves +€20,000
up €20,000 (+114.9%), from €17,400 to €37,400
- Tax, wage and social debts +€6,624
up €6,624 (+203.0%), from €3,263 to €9,887
- Profit (loss) carried forward +€4,362
up €4,362, from -€4,055 to €307
- Trade debts -€2,329
no longer reported in 2025 (was €2,329)
- Other debts -€789
no longer reported in 2025 (was €789)
- Gross operating margin +€30,341
up €30,341, from -€2,283 to €28,057
- Taxes +€1,902
up €1,902 (+1363.3%), from €140 to €2,042
- Financial charges -€353
down €353 (-47.1%), from €749 to €396
- Other operating charges -€351
down €351 (-40.1%), from €877 to €526
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 | €24,726 | €52,594 | +€27,868 | +112.7% |
| Fixed assets | 21/28 | €1,029 | €7,050 | +€6,021 | +585.1% |
| Tangible fixed assets | 22/27 | €29 | €6,050 | +€6,021 | +20712.9% |
| Furniture and vehicles | 24 | €29 | €6,050 | +€6,021 | +20712.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €23,697 | €45,544 | +€21,846 | +92.2% |
| Amounts receivable within one year | 40/41 | €2,634 | €7,784 | +€5,150 | +195.5% |
| Trade receivables | 40 | €1,925 | €5,500 | +€3,575 | +185.7% |
| Other amounts receivable | 41 | €709 | €2,284 | +€1,575 | +222.1% |
| Cash at bank and in hand | 54/58 | €17,947 | €37,759 | +€19,812 | +110.4% |
| Deferred charges and accrued income | 490/1 | €3,116 | - | -€3,116 | |
| Total equity and liabilities | 10/49 | €24,726 | €52,594 | +€27,868 | +112.7% |
| Equity | 10/15 | €18,345 | €42,707 | +€24,362 | +132.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,400 | €37,400 | +€20,000 | +114.9% |
| Distributable reserves | 133 | €17,400 | €37,400 | +€20,000 | +114.9% |
| Profit (loss) carried forward | 14 | -€4,055 | €307 | +€4,362 | |
| Amounts payable | 17/49 | €6,381 | €9,887 | +€3,506 | +54.9% |
| Amounts payable within one year | 42/48 | €6,381 | €9,887 | +€3,506 | +54.9% |
| Trade debts | 44 | €2,329 | - | -€2,329 | |
| Suppliers | 440/4 | €2,329 | - | -€2,329 | |
| Taxes, remuneration and social security | 45 | €3,263 | €9,887 | +€6,624 | +203.0% |
| Taxes | 450/3 | €3,263 | €9,887 | +€6,624 | +203.0% |
| Other amounts payable | 47/48 | €789 | - | -€789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €884 | €732 | -€152 | -17.2% |
| Other operating charges | 640/8 | €877 | €526 | -€351 | -40.1% |
| Gross operating margin | 9900 | -€2,283 | €28,057 | +€30,341 | |
| Operating profit (loss) | 9901 | -€4,044 | €26,799 | +€30,844 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €749 | €396 | -€353 | -47.1% |
| Recurring financial charges | 65 | €749 | €396 | -€353 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,793 | €26,403 | +€31,196 | |
| Income taxes | 67/77 | €140 | €2,042 | +€1,902 | +1363.3% |
| Profit (loss) for the period | 9904 | -€4,933 | €24,362 | +€29,294 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,933 | €24,362 | +€29,294 |
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 10 October 2026 via checked.be.