CODICUIR (NEW): 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.
CODICUIR (NEW)
Largest movements
- Tangible fixed assets -€10,142
down €10,142 (-3.2%), from €319,872 to €309,731
of which Leasing and similar rights: -€7,124
- Reserves -€7,066
down €7,066 (-13.8%), from €51,033 to €43,967
of which Tax-exempt reserves: -€7,066
- Provisions -€6,567
down €6,567 (-3.4%), from €193,798 to €187,231
of which Provisions for liabilities and charges: -€4,165
- Tax, wage and social debts -€4,395
down €4,395 (-45.9%), from €9,580 to €5,185
of which Remuneration and social security: -€3,000
- Profit (loss) carried forward +€4,054
up €4,054 (+41.5%), from €9,763 to €13,817
- Trade debts +€4,011
up €4,011 (+36.4%), from €11,017 to €15,028
- Taxes -€3,382
down €3,382 (-63.1%), from €5,359 to €1,977
- Gross operating margin +€3,100
up €3,100 (+16.7%), from €18,559 to €21,659
- Financial income +€1,709
up €1,709 (+586.0%), from €292 to €2,000
- Other operating charges -€1,305
down €1,305 (-35.9%), from €3,632 to €2,327
- Financial charges -€837
down €837 (-4.6%), from €18,323 to €17,487
of which Non-recurring financial charges: -€646
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €371,509 | €362,963 | -€8,546 | -2.3% |
| Fixed assets | 21/28 | €355,091 | €344,950 | -€10,142 | -2.9% |
| Tangible fixed assets | 22/27 | €319,872 | €309,731 | -€10,142 | -3.2% |
| Land and buildings | 22 | €146,808 | €142,860 | -€3,948 | -2.7% |
| Plant, machinery and equipment | 23 | €558 | €1,489 | +€931 | +166.7% |
| Leasing and similar rights | 25 | €172,506 | €165,382 | -€7,124 | -4.1% |
| Financial fixed assets | 28 | €35,219 | €35,219 | = | 0.0% |
| Current assets | 29/58 | €16,418 | €18,014 | +€1,596 | +9.7% |
| Amounts receivable within one year | 40/41 | €15,815 | €16,593 | +€778 | +4.9% |
| Trade receivables | 40 | €10,970 | €7,970 | -€3,000 | -27.3% |
| Other amounts receivable | 41 | €4,845 | €8,623 | +€3,778 | +78.0% |
| Deferred charges and accrued income | 490/1 | €603 | €1,420 | +€817 | +135.6% |
| Total equity and liabilities | 10/49 | €371,509 | €362,963 | -€8,546 | -2.3% |
| Equity | 10/15 | €88,066 | €85,055 | -€3,011 | -3.4% |
| Contributions | 10/11 | €27,271 | €27,271 | = | 0.0% |
| Capital | 10 | €27,271 | €27,271 | = | 0.0% |
| Issued capital | 100 | €39,671 | €39,671 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €51,033 | €43,967 | -€7,066 | -13.8% |
| Non-distributable reserves | 130/1 | €3,967 | €3,967 | = | 0.0% |
| Legal reserve | 130 | €3,967 | €3,967 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,066 | - | -€7,066 | |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,763 | €13,817 | +€4,054 | +41.5% |
| Provisions and deferred taxes | 16 | €193,798 | €187,231 | -€6,567 | -3.4% |
| Provisions for liabilities and charges | 160/5 | €167,845 | €163,680 | -€4,165 | -2.5% |
| Other liabilities and charges | 164/5 | €167,845 | €163,680 | -€4,165 | -2.5% |
| Deferred taxes | 168 | €25,953 | €23,551 | -€2,402 | -9.3% |
| Amounts payable | 17/49 | €89,645 | €90,678 | +€1,032 | +1.2% |
| Amounts payable after more than one year | 17 | €27,940 | €27,263 | -€677 | -2.4% |
| Financial debts | 170/4 | €27,940 | €27,263 | -€677 | -2.4% |
| Amounts payable within one year | 42/48 | €51,656 | €52,248 | +€592 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €4,560 | €5,237 | +€677 | +14.9% |
| Financial debts | 43 | €124 | €861 | +€737 | +593.5% |
| Credit institutions | 430/8 | €124 | €861 | +€737 | +593.5% |
| Trade debts | 44 | €11,017 | €15,028 | +€4,011 | +36.4% |
| Suppliers | 440/4 | €11,017 | €15,028 | +€4,011 | +36.4% |
| Advances received on contracts in progress | 46 | €5,000 | €5,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,580 | €5,185 | -€4,395 | -45.9% |
| Taxes | 450/3 | €6,580 | €5,185 | -€1,395 | -21.2% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €21,375 | €20,937 | -€439 | -2.1% |
| Accrued charges and deferred income | 492/3 | €10,049 | €11,167 | +€1,118 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,351 | €11,447 | +€95 | +0.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,165 | -€4,165 | = | 0.0% |
| Other operating charges | 640/8 | €3,632 | €2,327 | -€1,305 | -35.9% |
| Gross operating margin | 9900 | €18,559 | €21,659 | +€3,100 | +16.7% |
| Operating profit (loss) | 9901 | €7,741 | €12,050 | +€4,310 | +55.7% |
| Financial income | 75/76B | €292 | €2,000 | +€1,709 | +586.0% |
| Recurring financial income | 75 | €292 | €2,000 | +€1,709 | +586.0% |
| Financial charges | 65/66B | €18,323 | €17,487 | -€837 | -4.6% |
| Recurring financial charges | 65 | €17,678 | €17,487 | -€191 | -1.1% |
| Non-recurring financial charges | 66B | €646 | - | -€646 | |
| Profit (loss) for the period before taxes | 9903 | -€10,291 | -€3,436 | +€6,855 | +66.6% |
| Transfer from deferred taxes | 780 | €4,450 | €2,402 | -€2,049 | -46.0% |
| Income taxes | 67/77 | €5,359 | €1,977 | -€3,382 | -63.1% |
| Profit (loss) for the period | 9904 | -€11,199 | -€3,011 | +€8,188 | +73.1% |
| Transfer from tax-exempt reserves | 789 | €13,092 | €7,066 | -€6,027 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,893 | €4,054 | +€2,161 | +114.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.