Codestack: 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.
Codestack
Largest movements
- Cash +€52,278
up €52,278 (+32.1%), from €162,898 to €215,176
mainly Other debts (+€181,548) and Net result for the year (+€64,471)
- Receivables within one year +€9,803
up €9,803 (+36.2%), from €27,104 to €36,907
of which Trade receivables: +€9,799
- Tangible fixed assets +€3,665
up €3,665 (+20.6%), from €17,755 to €21,420
of which Furniture and vehicles: +€5,133
- Other debts +€181,548
up €181,548 (+684.6%), from €26,517 to €208,065
- Reserves -€144,570
down €144,570 (-100.0%), from €144,570 to €0
of which Distributable reserves: -€142,710
- Tax, wage and social debts +€30,713
up €30,713 (+217.1%), from €14,150 to €44,863
- Trade debts -€3,608
down €3,608 (-90.1%), from €4,006 to €398
No income-statement line moved by more than 1% of the activity.
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 | €209,113 | €273,503 | +€64,390 | +30.8% |
| Fixed assets | 21/28 | €17,755 | €21,420 | +€3,665 | +20.6% |
| Tangible fixed assets | 22/27 | €17,755 | €21,420 | +€3,665 | +20.6% |
| Plant, machinery and equipment | 23 | €2,107 | €1,439 | -€668 | -31.7% |
| Furniture and vehicles | 24 | - | €5,133 | +€5,133 | |
| Other tangible fixed assets | 26 | €15,648 | €14,848 | -€800 | -5.1% |
| Current assets | 29/58 | €191,358 | €252,083 | +€60,725 | +31.7% |
| Amounts receivable within one year | 40/41 | €27,104 | €36,907 | +€9,803 | +36.2% |
| Trade receivables | 40 | €27,104 | €36,903 | +€9,799 | +36.2% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €162,898 | €215,176 | +€52,278 | +32.1% |
| Deferred charges and accrued income | 490/1 | €1,356 | €0 | -€1,356 | -100.0% |
| Total equity and liabilities | 10/49 | €209,113 | €273,503 | +€64,390 | +30.8% |
| Equity | 10/15 | €163,170 | €18,600 | -€144,570 | -88.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,570 | €0 | -€144,570 | -100.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €142,710 | €0 | -€142,710 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €45,942 | €254,903 | +€208,961 | +454.8% |
| Amounts payable within one year | 42/48 | €44,673 | €253,325 | +€208,652 | +467.1% |
| Trade debts | 44 | €4,006 | €398 | -€3,608 | -90.1% |
| Suppliers | 440/4 | €4,006 | €398 | -€3,608 | -90.1% |
| Taxes, remuneration and social security | 45 | €14,150 | €44,863 | +€30,713 | +217.1% |
| Taxes | 450/3 | €14,150 | €44,863 | +€30,713 | +217.1% |
| Other amounts payable | 47/48 | €26,517 | €208,065 | +€181,548 | +684.6% |
| Accrued charges and deferred income | 492/3 | €1,269 | €1,578 | +€309 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €951 | €1,750 | +€799 | +84.0% |
| Other operating charges | 640/8 | €1,225 | €966 | -€259 | -21.1% |
| Gross operating margin | 9900 | €86,508 | €86,704 | +€196 | +0.2% |
| Operating profit (loss) | 9901 | €84,332 | €83,988 | -€344 | -0.4% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,925 | €2,391 | +€466 | +24.2% |
| Recurring financial charges | 65 | €1,925 | €2,391 | +€466 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €82,407 | €81,602 | -€804 | -1.0% |
| Income taxes | 67/77 | €17,501 | €17,131 | -€370 | -2.1% |
| Profit (loss) for the period | 9904 | €64,906 | €64,471 | -€434 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64,906 | €64,471 | -€434 | -0.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.