CODEVCO X: what changed
CODEVCO X
Largest movements
- Receivables within one year +€1,226
up €1,226 (+59.4%), from €2,065 to €3,291
of which Trade receivables: +€1,226
- Trade debts +€1,416
up €1,416 (+120%), from €1,184 to €2,600
- Gross operating margin +€836
up €836 (+64.3%), from -€1,301 to -€465
- Financial income -€778
down €778 (-46.8%), from €1,663 to €885
- Financial charges +€59
up €59 (+16.2%), from €362 to €420
Change in the result, 2025 to 2026
The net result is not in both sets of accounts. Without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,684 | €64,100 | +€1,416 | +2.3% |
| Current assets | 29/58 | €62,684 | €64,100 | +€1,416 | +2.3% |
| Amounts receivable within one year | 40/41 | €2,065 | €3,291 | +€1,226 | +59.4% |
| Trade receivables | 40 | €1,565 | €2,791 | +€1,226 | +78.3% |
| Other amounts receivable | 41 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,619 | €60,809 | +€191 | +0.3% |
| Total equity and liabilities | 10/49 | €62,684 | €64,100 | +€1,416 | +2.3% |
| Equity | 10/15 | €61,500 | €61,500 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Amounts payable | 17/49 | €1,184 | €2,600 | +€1,416 | +120% |
| Amounts payable within one year | 42/48 | €1,184 | €2,600 | +€1,416 | +120% |
| Trade debts | 44 | €1,184 | €2,600 | +€1,416 | +120% |
| Suppliers | 440/4 | €1,184 | €2,600 | +€1,416 | +120% |
| Gross operating margin | 9900 | -€1,301 | -€465 | +€836 | +64.3% |
| Operating profit (loss) | 9901 | -€1,301 | -€465 | +€836 | +64.3% |
| Financial income | 75/76B | €1,663 | €885 | -€778 | -46.8% |
| Recurring financial income | 75 | €1,663 | €885 | -€778 | -46.8% |
| Financial charges | 65/66B | €362 | €420 | +€59 | +16.2% |
| Recurring financial charges | 65 | €362 | €420 | +€59 | +16.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.