CodeOne: 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.
CodeOne
Largest movements
- Receivables within one year -€8,578
down €8,578 (-26.7%), from €32,089 to €23,511
of which Other amounts receivable: -€8,578
- Tangible fixed assets -€1,169
down €1,169 (-18.7%), from €6,246 to €5,077
of which Other tangible fixed assets: -€632
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Short-term financial debts +€1,492
up €1,492 (+42.7%), from €3,497 to €4,988
of which Credit institutions: +€2,105
- Trade debts -€1,088
down €1,088 (-39.7%), from €2,740 to €1,652
- Staff costs -€2,380
down €2,380 (-58.1%), from €4,094 to €1,714
- Other operating charges -€2,104
down €2,104 (-55.2%), from €3,812 to €1,708
- Taxes +€1,426
up €1,426 (+39.9%), from €3,574 to €5,000
- Gross operating margin +€775
up €775 (+3.0%), from €25,928 to €26,703
- Financial income -€400
no longer reported in 2025 (was €400)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,335 | €28,588 | -€9,748 | -25.4% |
| Fixed assets | 21/28 | €6,246 | €5,077 | -€1,169 | -18.7% |
| Tangible fixed assets | 22/27 | €6,246 | €5,077 | -€1,169 | -18.7% |
| Furniture and vehicles | 24 | €1,240 | €702 | -€537 | -43.3% |
| Other tangible fixed assets | 26 | €5,006 | €4,374 | -€632 | -12.6% |
| Current assets | 29/58 | €32,089 | €23,511 | -€8,578 | -26.7% |
| Amounts receivable within one year | 40/41 | €32,089 | €23,511 | -€8,578 | -26.7% |
| Trade receivables | 40 | €10,938 | €10,938 | = | 0.0% |
| Other amounts receivable | 41 | €21,151 | €12,573 | -€8,578 | -40.6% |
| Total equity and liabilities | 10/49 | €38,335 | €28,588 | -€9,748 | -25.4% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €34,335 | €24,588 | -€9,748 | -28.4% |
| Amounts payable within one year | 42/48 | €34,335 | €24,588 | -€9,748 | -28.4% |
| Financial debts | 43 | €3,497 | €4,988 | +€1,492 | +42.7% |
| Credit institutions | 430/8 | €2,884 | €4,988 | +€2,105 | +73.0% |
| Other loans | 439 | €613 | - | -€613 | |
| Trade debts | 44 | €2,740 | €1,652 | -€1,088 | -39.7% |
| Suppliers | 440/4 | €2,740 | €1,652 | -€1,088 | -39.7% |
| Taxes, remuneration and social security | 45 | €18,098 | €17,947 | -€151 | -0.8% |
| Taxes | 450/3 | €14,790 | €17,947 | +€3,157 | +21.3% |
| Remuneration and social security | 454/9 | €3,308 | - | -€3,308 | |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €4,094 | €1,714 | -€2,380 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,258 | €1,169 | -€88 | -7.0% |
| Other operating charges | 640/8 | €3,812 | €1,708 | -€2,104 | -55.2% |
| Gross operating margin | 9900 | €25,928 | €26,703 | +€775 | +3.0% |
| Operating profit (loss) | 9901 | €16,764 | €22,112 | +€5,348 | +31.9% |
| Financial income | 75/76B | €400 | - | -€400 | |
| Recurring financial income | 75 | €400 | - | -€400 | |
| Financial charges | 65/66B | €385 | €384 | -€1 | -0.2% |
| Recurring financial charges | 65 | €385 | €384 | -€1 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €16,780 | €21,728 | +€4,949 | +29.5% |
| Income taxes | 67/77 | €3,574 | €5,000 | +€1,426 | +39.9% |
| Profit (loss) for the period | 9904 | €13,206 | €16,728 | +€3,523 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,206 | €16,728 | +€3,523 | +26.7% |
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 11 October 2026 via checked.be.