CODESOLID: 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.
CODESOLID
Largest movements
- Cash +€13,523
up €13,523 (+103.3%), from €13,096 to €26,619
mainly Net result for the year (+€35,418) and Tax, wage and social debts (+€3,344)
- Receivables within one year +€10,190
new in 2024: €10,190
of which Trade receivables: +€8,639
- Financial fixed assets +€4,100
new in 2024: €4,100
- Deferred charges and accrued income +€3,002
up €3,002 (+1033.0%), from €291 to €3,293
- Tangible fixed assets +€620
up €620 (+19.0%), from €3,257 to €3,877
of which Plant, machinery and equipment: +€1,837
- Profit (loss) carried forward +€35,418
new in 2024: €35,418
- Other debts -€7,190
down €7,190 (-89.9%), from €7,999 to €809
- Tax, wage and social debts +€3,344
up €3,344 (+81.3%), from €4,113 to €7,456
- Gross operating margin +€47,073
up €47,073 (+2249.5%), from €2,093 to €49,166
- Taxes +€9,033
up €9,033 (+2170.2%), from €416 to €9,450
- Financial charges +€2,617
up €2,617 (+20936.1%), from €13 to €2,630
- Depreciation +€1,273
up €1,273 (+321.6%), from €396 to €1,669
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,643 | €48,078 | +€31,435 | +188.9% |
| Fixed assets | 21/28 | €3,257 | €7,977 | +€4,720 | +144.9% |
| Tangible fixed assets | 22/27 | €3,257 | €3,877 | +€620 | +19.0% |
| Plant, machinery and equipment | 23 | - | €1,837 | +€1,837 | |
| Furniture and vehicles | 24 | €3,257 | €2,039 | -€1,217 | -37.4% |
| Financial fixed assets | 28 | - | €4,100 | +€4,100 | |
| Current assets | 29/58 | €13,386 | €40,102 | +€26,715 | +199.6% |
| Amounts receivable within one year | 40/41 | - | €10,190 | +€10,190 | |
| Trade receivables | 40 | - | €8,639 | +€8,639 | |
| Other amounts receivable | 41 | - | €1,550 | +€1,550 | |
| Cash at bank and in hand | 54/58 | €13,096 | €26,619 | +€13,523 | +103.3% |
| Deferred charges and accrued income | 490/1 | €291 | €3,293 | +€3,002 | +1033.0% |
| Total equity and liabilities | 10/49 | €16,643 | €48,078 | +€31,435 | +188.9% |
| Equity | 10/15 | €4,283 | €39,701 | +€35,418 | +826.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,283 | €1,283 | = | 0.0% |
| Distributable reserves | 133 | €1,283 | €1,283 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €35,418 | +€35,418 | |
| Amounts payable | 17/49 | €12,360 | €8,378 | -€3,982 | -32.2% |
| Amounts payable within one year | 42/48 | €12,360 | €8,378 | -€3,982 | -32.2% |
| Trade debts | 44 | €248 | €113 | -€135 | -54.5% |
| Suppliers | 440/4 | €248 | €113 | -€135 | -54.5% |
| Taxes, remuneration and social security | 45 | €4,113 | €7,456 | +€3,344 | +81.3% |
| Taxes | 450/3 | €4,113 | €7,456 | +€3,344 | +81.3% |
| Other amounts payable | 47/48 | €7,999 | €809 | -€7,190 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €1,669 | +€1,273 | +321.6% |
| Gross operating margin | 9900 | €2,093 | €49,166 | +€47,073 | +2249.5% |
| Operating profit (loss) | 9901 | €1,697 | €47,497 | +€45,800 | +2699.2% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €13 | €2,630 | +€2,617 | +20936.1% |
| Recurring financial charges | 65 | €13 | €2,630 | +€2,617 | +20936.1% |
| Profit (loss) for the period before taxes | 9903 | €1,699 | €44,867 | +€43,168 | +2540.3% |
| Income taxes | 67/77 | €416 | €9,450 | +€9,033 | +2170.2% |
| Profit (loss) for the period | 9904 | €1,283 | €35,418 | +€34,134 | +2660.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,283 | €35,418 | +€34,134 | +2660.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.