CodeScale: 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.
CodeScale
Largest movements
- Receivables within one year +€44,524
new in 2025: €44,524
of which Trade receivables: +€31,784
- Cash -€3,967
down €3,967 (-3.6%), from €111,107 to €107,140
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€44,524)
- Other debts +€61,800
up €61,800 (+266.4%), from €23,200 to €85,000
- Profit (loss) carried forward -€42,929
down €42,929 (-57.7%), from €74,339 to €31,410
- Tax, wage and social debts +€23,841
up €23,841 (+201.1%), from €11,858 to €35,699
of which Taxes: +€21,535
- Gross operating margin +€32,649
up €32,649 (+76.5%), from €42,685 to €75,335
- Taxes +€6,995
up €6,995 (+79.3%), from €8,819 to €15,814
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 | €113,711 | €156,241 | +€42,530 | +37.4% |
| Fixed assets | 21/28 | €1,001 | €3,463 | +€2,462 | +245.8% |
| Tangible fixed assets | 22/27 | €1,001 | €2,057 | +€1,056 | +105.4% |
| Furniture and vehicles | 24 | €1,001 | €2,057 | +€1,056 | +105.4% |
| Financial fixed assets | 28 | - | €1,406 | +€1,406 | |
| Current assets | 29/58 | €112,709 | €152,777 | +€40,068 | +35.5% |
| Amounts receivable within one year | 40/41 | - | €44,524 | +€44,524 | |
| Trade receivables | 40 | - | €31,784 | +€31,784 | |
| Other amounts receivable | 41 | - | €12,740 | +€12,740 | |
| Cash at bank and in hand | 54/58 | €111,107 | €107,140 | -€3,967 | -3.6% |
| Deferred charges and accrued income | 490/1 | €1,602 | €1,113 | -€489 | -30.5% |
| Total equity and liabilities | 10/49 | €113,711 | €156,241 | +€42,530 | +37.4% |
| Equity | 10/15 | €77,339 | €34,410 | -€42,929 | -55.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,339 | €31,410 | -€42,929 | -57.7% |
| Amounts payable | 17/49 | €36,372 | €121,831 | +€85,459 | +235.0% |
| Amounts payable within one year | 42/48 | €36,372 | €121,831 | +€85,459 | +235.0% |
| Trade debts | 44 | €1,314 | €1,132 | -€182 | -13.8% |
| Suppliers | 440/4 | €1,314 | €1,132 | -€182 | -13.8% |
| Taxes, remuneration and social security | 45 | €11,858 | €35,699 | +€23,841 | +201.1% |
| Taxes | 450/3 | €11,858 | €33,392 | +€21,535 | +181.6% |
| Remuneration and social security | 454/9 | - | €2,307 | +€2,307 | |
| Other amounts payable | 47/48 | €23,200 | €85,000 | +€61,800 | +266.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514 | €798 | +€284 | +55.3% |
| Other operating charges | 640/8 | €855 | €1,060 | +€205 | +24.0% |
| Gross operating margin | 9900 | €42,685 | €75,335 | +€32,649 | +76.5% |
| Operating profit (loss) | 9901 | €41,316 | €73,476 | +€32,160 | +77.8% |
| Financial income | 75/76B | - | €350 | +€350 | |
| Recurring financial income | 75 | - | €350 | +€350 | |
| Financial charges | 65/66B | €1,121 | €942 | -€179 | -16.0% |
| Recurring financial charges | 65 | €1,121 | €942 | -€179 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €40,195 | €72,884 | +€32,689 | +81.3% |
| Income taxes | 67/77 | €8,819 | €15,814 | +€6,995 | +79.3% |
| Profit (loss) for the period | 9904 | €31,377 | €57,071 | +€25,694 | +81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,377 | €57,071 | +€25,694 | +81.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.