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CODIGIT: 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.

What changed

CODIGIT

BE 0466.066.390
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€92,362
2024 · €51,598+€40,764
Equity
€338,121
2024 · €245,759+€92,362
Cash
€167,608
2024 · €106,532+€61,076
Balance sheet total
€381,637
2024 · €311,403+€70,235

Largest movements

2024 to 2025
Assets
  • Cash +€61,076

    up €61,076 (+57.3%), from €106,532 to €167,608

    mainly Net result for the year (+€92,362) and Tax, wage and social debts (+€36,352)

  • Receivables within one year +€5,596

    up €5,596 (+279.8%), from €2,000 to €7,596

    of which Other amounts receivable: +€7,596

  • Deferred charges and accrued income +€4,974

    new in 2025: €4,974

Equity and liabilities
  • Reserves +€92,360

    up €92,360 (+40.1%), from €230,420 to €322,780

  • Other debts -€56,261

    no longer reported in 2025 (was €56,261)

  • Tax, wage and social debts +€36,352

    up €36,352 (+21689.9%), from €168 to €36,520

Income statement
  • Gross operating margin +€66,106

    up €66,106 (+86.9%), from €76,106 to €142,212

  • Taxes +€26,352

    up €26,352 (+130.7%), from €20,169 to €46,521

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €51,598
Gross operating margin +€66,106
Depreciation +€683
Other operating charges +€126
Financial income +€0
Financial charges +€201
Taxes -€26,352
Result 2025 €92,362

Cash bridge derived

cash 2024 to 2025

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.

From operations +€61,076
Investment €0
Financing €0
Cash 2024 €106,532
Net result for the year +€92,362
Depreciation +€1,411
Receivables within one year -€5,596
Deferred charges and accrued income -€4,974
Trade debts -€2,218
Tax, wage and social debts +€36,352
Other debts -€56,261
Cash 2025 €167,608
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €311,403 €381,637 +€70,235 +22.6%
Fixed assets 21/28 €2,980 €1,569 -€1,411 -47.4%
Tangible fixed assets 22/27 €2,980 €1,569 -€1,411 -47.4%
Plant, machinery and equipment 23 €1,375 €756 -€619 -45.0%
Furniture and vehicles 24 €113 - -€113
Other tangible fixed assets 26 €1,492 €812 -€680 -45.6%
Current assets 29/58 €308,423 €380,069 +€71,646 +23.2%
Amounts receivable within one year 40/41 €2,000 €7,596 +€5,596 +279.8%
Trade receivables 40 €2,000 - -€2,000
Other amounts receivable 41 - €7,596 +€7,596
Current investments 50/53 €199,891 €199,891 = 0.0%
Cash at bank and in hand 54/58 €106,532 €167,608 +€61,076 +57.3%
Deferred charges and accrued income 490/1 - €4,974 +€4,974
Total equity and liabilities 10/49 €311,403 €381,637 +€70,235 +22.6%
Equity 10/15 €245,759 €338,121 +€92,362 +37.6%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €230,420 €322,780 +€92,360 +40.1%
Distributable reserves 133 €230,420 €322,780 +€92,360 +40.1%
Profit (loss) carried forward 14 €2,939 €2,941 +€2 +0.1%
Amounts payable 17/49 €65,644 €43,516 -€22,128 -33.7%
Amounts payable within one year 42/48 €65,644 €43,516 -€22,128 -33.7%
Trade debts 44 €9,215 €6,996 -€2,218 -24.1%
Suppliers 440/4 €9,215 €6,996 -€2,218 -24.1%
Taxes, remuneration and social security 45 €168 €36,520 +€36,352 +21689.9%
Taxes 450/3 €168 €36,520 +€36,352 +21689.9%
Other amounts payable 47/48 €56,261 - -€56,261
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,094 €1,411 -€683 -32.6%
Other operating charges 640/8 €1,734 €1,608 -€126 -7.3%
Gross operating margin 9900 €76,106 €142,212 +€66,106 +86.9%
Operating profit (loss) 9901 €72,278 €139,193 +€66,915 +92.6%
Financial income 75/76B €5 €6 +€0 +6.8%
Recurring financial income 75 €5 €6 +€0 +6.8%
Financial charges 65/66B €516 €315 -€201 -38.9%
Recurring financial charges 65 €516 €315 -€201 -38.9%
Profit (loss) for the period before taxes 9903 €71,767 €138,883 +€67,116 +93.5%
Income taxes 67/77 €20,169 €46,521 +€26,352 +130.7%
Profit (loss) for the period 9904 €51,598 €92,362 +€40,764 +79.0%
Profit (loss) for the period to be appropriated 9905 €51,598 €92,362 +€40,764 +79.0%

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.