CodeWriter: 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.
CodeWriter
Largest movements
- Cash +€56,621
up €56,621 (+48.4%), from €116,868 to €173,489
mainly Net result for the year (+€78,056) and Depreciation (+€5,049)
- Tangible fixed assets +€2,810
up €2,810 (+11.6%), from €24,210 to €27,020
of which Furniture and vehicles: +€4,677
- Profit (loss) carried forward +€78,056
up €78,056 (+57.0%), from €137,052 to €215,107
- Tax, wage and social debts -€17,667
down €17,667 (-97.8%), from €18,061 to €394
- Other debts -€2,554
down €2,554 (-73.0%), from €3,500 to €946
- Financial income +€35,564
up €35,564 (+1,763%), from €2,017 to €37,581
- Gross operating margin -€28,844
down €28,844 (-29.7%), from €97,235 to €68,390
- Taxes +€2,165
up €2,165 (+12.3%), from €17,580 to €19,745
- Depreciation +€1,171
up €1,171 (+30.2%), from €3,878 to €5,049
- Financial charges -€1,116
down €1,116 (-47.5%), from €2,351 to €1,235
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 | €159,862 | €218,139 | +€58,277 | +36.5% |
| Fixed assets | 21/28 | €24,210 | €27,020 | +€2,810 | +11.6% |
| Tangible fixed assets | 22/27 | €24,210 | €27,020 | +€2,810 | +11.6% |
| Plant, machinery and equipment | 23 | €3,506 | €639 | -€2,867 | -81.8% |
| Furniture and vehicles | 24 | €20,704 | €25,380 | +€4,677 | +22.6% |
| Leasing and similar rights | 25 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €135,653 | €191,119 | +€55,466 | +40.9% |
| Amounts receivable within one year | 40/41 | €13,847 | €12,455 | -€1,391 | -10.0% |
| Trade receivables | 40 | €12,949 | €10,583 | -€2,366 | -18.3% |
| Other amounts receivable | 41 | €897 | €1,872 | +€975 | +109% |
| Cash at bank and in hand | 54/58 | €116,868 | €173,489 | +€56,621 | +48.4% |
| Deferred charges and accrued income | 490/1 | €4,938 | €5,174 | +€236 | +4.8% |
| Total equity and liabilities | 10/49 | €159,862 | €218,139 | +€58,277 | +36.5% |
| Equity | 10/15 | €138,052 | €216,107 | +€78,056 | +56.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,052 | €215,107 | +€78,056 | +57.0% |
| Amounts payable | 17/49 | €21,811 | €2,032 | -€19,779 | -90.7% |
| Amounts payable within one year | 42/48 | €21,561 | €2,032 | -€19,529 | -90.6% |
| Trade debts | 44 | €0 | €692 | +€692 | |
| Suppliers | 440/4 | €0 | €692 | +€692 | |
| Taxes, remuneration and social security | 45 | €18,061 | €394 | -€17,667 | -97.8% |
| Taxes | 450/3 | €18,061 | €394 | -€17,667 | -97.8% |
| Other amounts payable | 47/48 | €3,500 | €946 | -€2,554 | -73.0% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100% |
| Remuneration, social security and pensions | 62 | €1,825 | €1,575 | -€250 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,878 | €5,049 | +€1,171 | +30.2% |
| Other operating charges | 640/8 | €226 | €310 | +€84 | +37.1% |
| Gross operating margin | 9900 | €97,235 | €68,390 | -€28,844 | -29.7% |
| Operating profit (loss) | 9901 | €91,305 | €61,456 | -€29,849 | -32.7% |
| Financial income | 75/76B | €2,017 | €37,581 | +€35,564 | +1,763% |
| Recurring financial income | 75 | €2,017 | €37,581 | +€35,564 | +1,763% |
| Financial charges | 65/66B | €2,351 | €1,235 | -€1,116 | -47.5% |
| Recurring financial charges | 65 | €2,351 | €1,235 | -€1,116 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €90,971 | €97,801 | +€6,830 | +7.5% |
| Income taxes | 67/77 | €17,580 | €19,745 | +€2,165 | +12.3% |
| Profit (loss) for the period | 9904 | €73,391 | €78,056 | +€4,665 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,391 | €78,056 | +€4,665 | +6.4% |
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 13 October 2026 via checked.be.