CoDeveloper: what changed
CoDeveloper
Largest movements
- Tangible fixed assets +€24,766
up €24,766 (+1,007%), from €2,459 to €27,225
of which Furniture and vehicles: +€25,053
- Cash +€17,241
up €17,241 (+25.0%), from €69,051 to €86,291
mainly Net result for the year (+€42,346) and Tax, wage and social debts (+€3,677)
- Receivables within one year +€3,684
up €3,684 (+38.2%), from €9,640 to €13,324
of which Trade receivables: +€2,997
- Reserves +€42,346
up €42,346 (+61.7%), from €68,590 to €110,936
- Tax, wage and social debts +€3,677
up €3,677 (+117%), from €3,144 to €6,821
of which Remuneration and social security: +€2,303
- Gross operating margin +€8,424
up €8,424 (+18.0%), from €46,932 to €55,356
- Taxes +€1,295
up €1,295 (+12.9%), from €10,081 to €11,376
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,884 | €128,672 | +€46,789 | +57.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,029 | €27,795 | +€24,766 | +818% |
| Tangible fixed assets | 22/27 | €2,459 | €27,225 | +€24,766 | +1,007% |
| Plant, machinery and equipment | 23 | €2,142 | €1,855 | -€287 | -13.4% |
| Furniture and vehicles | 24 | €317 | €25,370 | +€25,053 | +7,900% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €78,854 | €100,877 | +€22,023 | +27.9% |
| Amounts receivable within one year | 40/41 | €9,640 | €13,324 | +€3,684 | +38.2% |
| Trade receivables | 40 | €8,352 | €11,349 | +€2,997 | +35.9% |
| Other amounts receivable | 41 | €1,288 | €1,975 | +€687 | +53.3% |
| Cash at bank and in hand | 54/58 | €69,051 | €86,291 | +€17,241 | +25.0% |
| Deferred charges and accrued income | 490/1 | €163 | €1,261 | +€1,098 | +672% |
| Total equity and liabilities | 10/49 | €81,884 | €128,672 | +€46,789 | +57.1% |
| Equity | 10/15 | €71,590 | €113,936 | +€42,346 | +59.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,590 | €110,936 | +€42,346 | +61.7% |
| Distributable reserves | 133 | €68,590 | €110,936 | +€42,346 | +61.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,294 | €14,736 | +€4,442 | +43.2% |
| Amounts payable within one year | 42/48 | €9,759 | €14,354 | +€4,595 | +47.1% |
| Trade debts | 44 | €750 | €1,268 | +€518 | +69.1% |
| Suppliers | 440/4 | €750 | €1,268 | +€518 | +69.1% |
| Taxes, remuneration and social security | 45 | €3,144 | €6,821 | +€3,677 | +117% |
| Taxes | 450/3 | €3,144 | €4,518 | +€1,374 | +43.7% |
| Remuneration and social security | 454/9 | - | €2,303 | +€2,303 | |
| Other amounts payable | 47/48 | €5,865 | €6,265 | +€400 | +6.8% |
| Accrued charges and deferred income | 492/3 | €535 | €383 | -€153 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €639 | €1,071 | +€432 | +67.6% |
| Other operating charges | 640/8 | €0 | €144 | +€144 | |
| Gross operating margin | 9900 | €46,932 | €55,356 | +€8,424 | +18.0% |
| Operating profit (loss) | 9901 | €46,292 | €54,140 | +€7,848 | +17.0% |
| Financial income | 75/76B | €1 | €8 | +€7 | +537% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +537% |
| Financial charges | 65/66B | €621 | €427 | -€195 | -31.3% |
| Recurring financial charges | 65 | €621 | €427 | -€195 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €45,672 | €53,722 | +€8,050 | +17.6% |
| Income taxes | 67/77 | €10,081 | €11,376 | +€1,295 | +12.9% |
| Profit (loss) for the period | 9904 | €35,592 | €42,346 | +€6,754 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,592 | €42,346 | +€6,754 | +19.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.