CodeLegion: 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.
CodeLegion
Largest movements
- Cash -€232,682
down €232,682 (-92.5%), from €251,638 to €18,956
mainly Contributions, distributions and other (-€142,420) and Current investments (-€140,000)
- Current investments +€140,000
new in 2025: €140,000
- Receivables after one year +€76,373
up €76,373 (+16.7%), from €456,619 to €532,992
- Deferred charges and accrued income -€57,114
down €57,114 (-96.9%), from €58,948 to €1,834
- Tangible fixed assets +€32,810
up €32,810 (+35.1%), from €93,573 to €126,384
of which Furniture and vehicles: +€41,193
- Reserves -€53,248
down €53,248 (-6.7%), from €800,054 to €746,806
- Tax, wage and social debts +€17,912
up €17,912 (+240%), from €7,471 to €25,383
of which Taxes: +€13,662
- Gross operating margin +€72,145
up €72,145 (+139%), from €51,804 to €123,949
- Taxes +€21,761
up €21,761 (+162%), from €13,425 to €35,186
- Financial income +€6,088
up €6,088 (+61.1%), from €9,961 to €16,049
- Depreciation +€1,469
up €1,469 (+12.7%), from €11,610 to €13,079
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 | €908,183 | €862,221 | -€45,962 | -5.1% |
| Fixed assets | 21/28 | €93,623 | €126,384 | +€32,761 | +35.0% |
| Tangible fixed assets | 22/27 | €93,573 | €126,384 | +€32,810 | +35.1% |
| Land and buildings | 22 | €88,140 | €79,757 | -€8,383 | -9.5% |
| Furniture and vehicles | 24 | €5,433 | €46,627 | +€41,193 | +758% |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100% |
| Current assets | 29/58 | €814,560 | €735,837 | -€78,722 | -9.7% |
| Amounts receivable after more than one year | 29 | €456,619 | €532,992 | +€76,373 | +16.7% |
| Other amounts receivable | 291 | €456,619 | €532,992 | +€76,373 | +16.7% |
| Amounts receivable within one year | 40/41 | €47,354 | €42,055 | -€5,299 | -11.2% |
| Trade receivables | 40 | €47,354 | €42,011 | -€5,343 | -11.3% |
| Other amounts receivable | 41 | - | €44 | +€44 | |
| Current investments | 50/53 | - | €140,000 | +€140,000 | |
| Cash at bank and in hand | 54/58 | €251,638 | €18,956 | -€232,682 | -92.5% |
| Deferred charges and accrued income | 490/1 | €58,948 | €1,834 | -€57,114 | -96.9% |
| Total equity and liabilities | 10/49 | €908,183 | €862,221 | -€45,962 | -5.1% |
| Equity | 10/15 | €827,491 | €774,243 | -€53,248 | -6.4% |
| Contributions | 10/11 | €27,437 | €27,437 | = | 0.0% |
| Reserves | 13 | €800,054 | €746,806 | -€53,248 | -6.7% |
| Distributable reserves | 133 | €800,054 | €746,806 | -€53,248 | -6.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €80,692 | €87,978 | +€7,287 | +9.0% |
| Amounts payable after more than one year | 17 | €51,130 | €42,539 | -€8,591 | -16.8% |
| Financial debts | 170/4 | €51,130 | €42,539 | -€8,591 | -16.8% |
| Amounts payable within one year | 42/48 | €29,562 | €45,440 | +€15,878 | +53.7% |
| Current portion of amounts payable after more than one year | 42 | €8,468 | €8,569 | +€101 | +1.2% |
| Financial debts | 43 | - | €118 | +€118 | |
| Credit institutions | 430/8 | - | €118 | +€118 | |
| Trade debts | 44 | €13,054 | €11,369 | -€1,685 | -12.9% |
| Suppliers | 440/4 | €13,054 | €11,369 | -€1,685 | -12.9% |
| Taxes, remuneration and social security | 45 | €7,471 | €25,383 | +€17,912 | +240% |
| Taxes | 450/3 | €7,471 | €21,133 | +€13,662 | +183% |
| Remuneration and social security | 454/9 | - | €4,250 | +€4,250 | |
| Other amounts payable | 47/48 | €568 | €0 | -€568 | -100% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,610 | €13,079 | +€1,469 | +12.7% |
| Other operating charges | 640/8 | €1,384 | €430 | -€955 | -69.0% |
| Gross operating margin | 9900 | €51,804 | €123,949 | +€72,145 | +139% |
| Operating profit (loss) | 9901 | €38,810 | €110,440 | +€71,630 | +185% |
| Financial income | 75/76B | €9,961 | €16,049 | +€6,088 | +61.1% |
| Recurring financial income | 75 | €9,961 | €16,049 | +€6,088 | +61.1% |
| Financial charges | 65/66B | €2,644 | €2,131 | -€513 | -19.4% |
| Recurring financial charges | 65 | €2,644 | €2,131 | -€513 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €46,127 | €124,358 | +€78,231 | +170% |
| Income taxes | 67/77 | €13,425 | €35,186 | +€21,761 | +162% |
| Profit (loss) for the period | 9904 | €32,702 | €89,172 | +€56,470 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €32,702 | €89,172 | +€56,470 | +173% |
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 29 October 2026 via checked.be.