CODEVILLE: 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.
CODEVILLE
Largest movements
- Cash -€23,088
down €23,088 (-90.6%), from €25,477 to €2,389
mainly Investment in fixed assets (net) (-€26,007) and Receivables within one year (-€4,050)
- Intangible fixed assets +€19,344
up €19,344 (+2,168%), from €892 to €20,236
- Receivables within one year +€4,050
up €4,050 (+10,946%), from €37 to €4,087
of which Other amounts receivable: +€2,404
- Tangible fixed assets +€2,610
new in 2025: €2,610
- Deferred charges and accrued income +€941
up €941 (+15.1%), from €6,227 to €7,168
- Profit (loss) carried forward +€5,291
up €5,291 (+65.0%), from €8,144 to €13,435
- Tax, wage and social debts -€2,358
down €2,358 (-65.1%), from €3,624 to €1,266
- Other debts +€1,842
up €1,842 (+15.5%), from €11,855 to €13,697
- Trade debts -€1,003
down €1,003 (-63.3%), from €1,585 to €582
- Financial income +€3,522
new in 2025: €3,522
- Depreciation +€3,250
up €3,250 (+405%), from €803 to €4,054
- Other operating charges +€1,952
up €1,952 (+1,654%), from €118 to €2,070
- Taxes -€1,001
down €1,001 (-44.3%), from €2,261 to €1,260
- Financial charges +€269
up €269 (+49.6%), from €542 to €811
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.
Derived cash bridge
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 | €32,633 | €36,490 | +€3,857 | +11.8% |
| Fixed assets | 21/28 | €892 | €22,846 | +€21,954 | +2,460% |
| Intangible fixed assets | 21 | €892 | €20,236 | +€19,344 | +2,168% |
| Tangible fixed assets | 22/27 | - | €2,610 | +€2,610 | |
| Furniture and vehicles | 24 | - | €2,610 | +€2,610 | |
| Current assets | 29/58 | €31,741 | €13,644 | -€18,097 | -57.0% |
| Amounts receivable within one year | 40/41 | €37 | €4,087 | +€4,050 | +10,946% |
| Trade receivables | 40 | €0 | €1,646 | +€1,646 | |
| Other amounts receivable | 41 | €37 | €2,441 | +€2,404 | +6,499% |
| Cash at bank and in hand | 54/58 | €25,477 | €2,389 | -€23,088 | -90.6% |
| Deferred charges and accrued income | 490/1 | €6,227 | €7,168 | +€941 | +15.1% |
| Total equity and liabilities | 10/49 | €32,633 | €36,490 | +€3,857 | +11.8% |
| Equity | 10/15 | €15,144 | €20,435 | +€5,291 | +34.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,144 | €13,435 | +€5,291 | +65.0% |
| Amounts payable | 17/49 | €17,489 | €16,055 | -€1,434 | -8.2% |
| Amounts payable within one year | 42/48 | €17,065 | €15,545 | -€1,519 | -8.9% |
| Trade debts | 44 | €1,585 | €582 | -€1,003 | -63.3% |
| Suppliers | 440/4 | €1,585 | €582 | -€1,003 | -63.3% |
| Taxes, remuneration and social security | 45 | €3,624 | €1,266 | -€2,358 | -65.1% |
| Taxes | 450/3 | €3,624 | €1,266 | -€2,358 | -65.1% |
| Other amounts payable | 47/48 | €11,855 | €13,697 | +€1,842 | +15.5% |
| Accrued charges and deferred income | 492/3 | €424 | €510 | +€86 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €803 | €4,054 | +€3,250 | +405% |
| Other operating charges | 640/8 | €118 | €2,070 | +€1,952 | +1,654% |
| Gross operating margin | 9900 | €10,102 | €9,963 | -€140 | -1.4% |
| Operating profit (loss) | 9901 | €9,181 | €3,839 | -€5,342 | -58.2% |
| Financial income | 75/76B | - | €3,522 | +€3,522 | |
| Recurring financial income | 75 | - | €3,522 | +€3,522 | |
| Financial charges | 65/66B | €542 | €811 | +€269 | +49.6% |
| Recurring financial charges | 65 | €542 | €811 | +€269 | +49.6% |
| Profit (loss) for the period before taxes | 9903 | €8,639 | €6,551 | -€2,088 | -24.2% |
| Income taxes | 67/77 | €2,261 | €1,260 | -€1,001 | -44.3% |
| Profit (loss) for the period | 9904 | €6,377 | €5,291 | -€1,087 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,377 | €5,291 | -€1,087 | -17.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.