Codigo Verde: 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.
Codigo Verde
Largest movements
- Receivables within one year +€701
up €701 (+80.5%), from €870 to €1,571
of which Trade receivables: +€509
- Profit (loss) carried forward +€223,403
up €223,403 (+90.9%), from -€245,717 to -€22,314
- Debts after one year -€220,270
no longer reported in 2025 (was €220,270)
- Other debts -€4,776
down €4,776 (-74.0%), from €6,458 to €1,682
- Trade debts +€1,275
up €1,275 (+878.3%), from €145 to €1,421
- Tax, wage and social debts +€1,051
new in 2025: €1,051
- Gross operating margin +€227,048
up €227,048, from -€2,399 to €224,649
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
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 | €1,156 | €1,839 | +€683 | +59.1% |
| Current assets | 29/58 | €1,156 | €1,839 | +€683 | +59.1% |
| Amounts receivable within one year | 40/41 | €870 | €1,571 | +€701 | +80.5% |
| Trade receivables | 40 | - | €509 | +€509 | |
| Other amounts receivable | 41 | €870 | €1,062 | +€192 | +22.0% |
| Cash at bank and in hand | 54/58 | €286 | €269 | -€17 | -6.0% |
| Total equity and liabilities | 10/49 | €1,156 | €1,839 | +€683 | +59.1% |
| Equity | 10/15 | -€225,717 | -€2,314 | +€223,403 | +99.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,717 | -€22,314 | +€223,403 | +90.9% |
| Amounts payable | 17/49 | €226,873 | €4,153 | -€222,720 | -98.2% |
| Amounts payable after more than one year | 17 | €220,270 | - | -€220,270 | |
| Financial debts | 170/4 | €220,270 | - | -€220,270 | |
| Amounts payable within one year | 42/48 | €6,603 | €4,153 | -€2,449 | -37.1% |
| Trade debts | 44 | €145 | €1,421 | +€1,275 | +878.3% |
| Suppliers | 440/4 | €145 | €1,421 | +€1,275 | +878.3% |
| Taxes, remuneration and social security | 45 | - | €1,051 | +€1,051 | |
| Taxes | 450/3 | - | €1,051 | +€1,051 | |
| Other amounts payable | 47/48 | €6,458 | €1,682 | -€4,776 | -74.0% |
| Non-recurring operating income | 76A | - | €227,300 | +€227,300 | |
| Other operating charges | 640/8 | €934 | - | -€934 | |
| Gross operating margin | 9900 | -€2,399 | €224,649 | +€227,048 | |
| Operating profit (loss) | 9901 | -€3,334 | €224,649 | +€227,983 | |
| Financial charges | 65/66B | €211 | €195 | -€16 | -7.6% |
| Recurring financial charges | 65 | €211 | €195 | -€16 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,545 | €224,454 | +€227,999 | |
| Income taxes | 67/77 | - | €1,051 | +€1,051 | |
| Profit (loss) for the period | 9904 | -€3,545 | €223,403 | +€226,948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,545 | €223,403 | +€226,948 |
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 9 October 2026 via checked.be.