CODI HOLDING: what changed
Two fiscal 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 HOLDING
Largest movements
- Cash +€385,822
up €385,822 (+110.2%), from €350,111 to €735,933
mainly Net result for the year (+€431,020) and Tax, wage and social debts (+€18,064)
- Receivables within one year +€59,176
up €59,176 (+24.0%), from €246,499 to €305,676
of which Other amounts receivable: +€87,782
- Profit (loss) carried forward +€216,395
up €216,395 (+100.8%), from €214,625 to €431,020
- Reserves +€214,625
up €214,625 (+20.0%), from €1.1m to €1.3m
of which Distributable reserves: +€214,625
- Financial income +€200,000
up €200,000 (+97.9%), from €204,349 to €404,349
- Services and other goods -€43,002
down €43,002 (-12.3%), from €348,637 to €305,635
- Turnover -€42,120
down €42,120 (-9.1%), from €464,770 to €422,650
- Financial charges -€21,806
down €21,806 (-83.2%), from €26,207 to €4,401
- Taxes +€6,206
up €6,206 (+112.7%), from €5,507 to €11,713
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,353,096 | €4,798,074 | +€444,978 | +10.2% |
| Fixed assets | 21/28 | €3,736,775 | €3,736,775 | = | 0.0% |
| Financial fixed assets | 28 | €3,736,775 | €3,736,775 | = | 0.0% |
| Affiliated companies | 280/1 | €3,736,775 | €3,736,775 | = | 0.0% |
| Participating interests | 280 | €3,736,775 | €3,736,775 | = | 0.0% |
| Current assets | 29/58 | €616,321 | €1,061,299 | +€444,978 | +72.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €246,499 | €305,676 | +€59,176 | +24.0% |
| Trade receivables | 40 | €71,024 | €42,418 | -€28,606 | -40.3% |
| Other amounts receivable | 41 | €175,476 | €263,258 | +€87,782 | +50.0% |
| Cash at bank and in hand | 54/58 | €350,111 | €735,933 | +€385,822 | +110.2% |
| Deferred charges and accrued income | 490/1 | €19,711 | €19,690 | -€20 | -0.1% |
| Total equity and liabilities | 10/49 | €4,353,096 | €4,798,074 | +€444,978 | +10.2% |
| Equity | 10/15 | €1,919,355 | €2,350,375 | +€431,020 | +22.5% |
| Contributions | 10/11 | €630,525 | €630,525 | = | 0.0% |
| Reserves | 13 | €1,074,205 | €1,288,830 | +€214,625 | +20.0% |
| Tax-exempt reserves | 132 | €38 | €38 | = | 0.0% |
| Distributable reserves | 133 | €1,074,167 | €1,288,792 | +€214,625 | +20.0% |
| Profit (loss) carried forward | 14 | €214,625 | €431,020 | +€216,395 | +100.8% |
| Amounts payable | 17/49 | €2,433,741 | €2,447,699 | +€13,958 | +0.6% |
| Amounts payable after more than one year | 17 | €2,337,036 | €2,337,036 | = | 0.0% |
| Financial debts | 170/4 | €436,197 | €436,197 | = | 0.0% |
| Other loans | 174 | €436,197 | €436,197 | = | 0.0% |
| Other amounts payable | 178/9 | €1,900,838 | €1,900,838 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,705 | €110,663 | +€13,958 | +14.4% |
| Trade debts | 44 | €982 | €0 | -€982 | -100.0% |
| Suppliers | 440/4 | €982 | €0 | -€982 | -100.0% |
| Taxes, remuneration and social security | 45 | €77,219 | €95,283 | +€18,064 | +23.4% |
| Taxes | 450/3 | €47,408 | €74,849 | +€27,441 | +57.9% |
| Remuneration and social security | 454/9 | €29,811 | €20,434 | -€9,377 | -31.5% |
| Other amounts payable | 47/48 | €18,504 | €15,381 | -€3,123 | -16.9% |
| Operating income | 70/76A | €464,770 | €422,650 | -€42,120 | -9.1% |
| Turnover | 70 | €464,770 | €422,650 | -€42,120 | -9.1% |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €422,780 | €379,865 | -€42,915 | -10.2% |
| Services and other goods | 61 | €348,637 | €305,635 | -€43,002 | -12.3% |
| Remuneration, social security and pensions | 62 | €73,074 | €73,145 | +€70 | +0.1% |
| Other operating charges | 640/8 | €1,069 | €1,086 | +€16 | +1.5% |
| Operating profit (loss) | 9901 | €41,990 | €42,785 | +€795 | +1.9% |
| Financial income | 75/76B | €204,349 | €404,349 | +€200,000 | +97.9% |
| Recurring financial income | 75 | €204,349 | €404,349 | +€200,000 | +97.9% |
| Income from financial fixed assets | 750 | €200,000 | €400,000 | +€200,000 | +100.0% |
| Income from current assets | 751 | €4,349 | €4,349 | = | 0.0% |
| Financial charges | 65/66B | €26,207 | €4,401 | -€21,806 | -83.2% |
| Recurring financial charges | 65 | €26,207 | €4,401 | -€21,806 | -83.2% |
| Debt charges | 650 | €26,172 | €4,362 | -€21,810 | -83.3% |
| Other financial charges | 652/9 | €35 | €39 | +€4 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €220,132 | €442,733 | +€222,601 | +101.1% |
| Income taxes | 67/77 | €5,507 | €11,713 | +€6,206 | +112.7% |
| Taxes | 670/3 | €5,507 | €11,713 | +€6,206 | +112.7% |
| Profit (loss) for the period | 9904 | €214,625 | €431,020 | +€216,395 | +100.8% |
| Profit (loss) for the period to be appropriated | 9905 | €214,625 | €431,020 | +€216,395 | +100.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.