CODI: 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.
CODI
Largest movements
- Receivables within one year -€9,592
down €9,592 (-23.0%), from €41,669 to €32,077
- Cash +€1,375
up €1,375 (+2.9%), from €46,985 to €48,360
mainly Receivables within one year (+€9,592) and Trade debts (+€1,457)
- Tangible fixed assets +€1,367
up €1,367 (+139%), from €982 to €2,349
of which Furniture and vehicles: +€1,623
- Reserves -€5,052
down €5,052 (-7.5%), from €67,195 to €62,143
- Tax, wage and social debts -€3,255
down €3,255 (-90.2%), from €3,610 to €355
- Trade debts +€1,457
up €1,457 (+610%), from €239 to €1,696
- Financial income -€48,554
down €48,554 (-99.6%), from €48,754 to €200
of which Non-recurring financial income: -€48,647
- Gross operating margin +€28,637
up €28,637 (+86.6%), from -€33,083 to -€4,446
- Other operating charges -€8,060
down €8,060 (-98.5%), from €8,180 to €120
- Taxes -€2,597
down €2,597 (-95.0%), from €2,734 to €137
- Depreciation +€331
up €331 (+189%), from €175 to €506
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 | €89,636 | €82,786 | -€6,850 | -7.6% |
| Fixed assets | 21/28 | €982 | €2,349 | +€1,367 | +139% |
| Tangible fixed assets | 22/27 | €982 | €2,349 | +€1,367 | +139% |
| Plant, machinery and equipment | 23 | €982 | €726 | -€256 | -26.1% |
| Furniture and vehicles | 24 | - | €1,623 | +€1,623 | |
| Current assets | 29/58 | €88,654 | €80,437 | -€8,217 | -9.3% |
| Amounts receivable within one year | 40/41 | €41,669 | €32,077 | -€9,592 | -23.0% |
| Other amounts receivable | 41 | €41,669 | €32,077 | -€9,592 | -23.0% |
| Cash at bank and in hand | 54/58 | €46,985 | €48,360 | +€1,375 | +2.9% |
| Total equity and liabilities | 10/49 | €89,636 | €82,786 | -€6,850 | -7.6% |
| Equity | 10/15 | €85,787 | €80,735 | -€5,052 | -5.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €67,195 | €62,143 | -€5,052 | -7.5% |
| Distributable reserves | 133 | €67,195 | €62,143 | -€5,052 | -7.5% |
| Amounts payable | 17/49 | €3,849 | €2,051 | -€1,798 | -46.7% |
| Amounts payable within one year | 42/48 | €3,849 | €2,051 | -€1,798 | -46.7% |
| Trade debts | 44 | €239 | €1,696 | +€1,457 | +610% |
| Suppliers | 440/4 | €239 | €1,696 | +€1,457 | +610% |
| Taxes, remuneration and social security | 45 | €3,610 | €355 | -€3,255 | -90.2% |
| Taxes | 450/3 | €3,610 | €355 | -€3,255 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €506 | +€331 | +189% |
| Other operating charges | 640/8 | €8,180 | €120 | -€8,060 | -98.5% |
| Gross operating margin | 9900 | -€33,083 | -€4,446 | +€28,637 | +86.6% |
| Operating profit (loss) | 9901 | -€41,438 | -€5,072 | +€36,366 | +87.8% |
| Financial income | 75/76B | €48,754 | €200 | -€48,554 | -99.6% |
| Recurring financial income | 75 | €107 | €200 | +€93 | +86.9% |
| Non-recurring financial income | 76B | €48,647 | - | -€48,647 | |
| Financial charges | 65/66B | €118 | €43 | -€75 | -63.6% |
| Recurring financial charges | 65 | €118 | €43 | -€75 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €7,198 | -€4,915 | -€12,113 | |
| Income taxes | 67/77 | €2,734 | €137 | -€2,597 | -95.0% |
| Profit (loss) for the period | 9904 | €4,464 | -€5,052 | -€9,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,464 | -€5,052 | -€9,516 |
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 14 October 2026 via checked.be.