Codimmo: 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.
Codimmo
Largest movements
- Cash -€21,772
down €21,772 (-24.0%), from €90,877 to €69,105
mainly Investment in fixed assets (net) (-€22,394) and Net result for the year (-€21,904)
- Tangible fixed assets -€20,346
down €20,346 (-3.2%), from €626,886 to €606,540
of which Land and buildings: -€14,593
- Reserves -€21,904
down €21,904 (-9.6%), from €228,466 to €206,562
of which Tax-exempt reserves: -€14,889
- Trade debts -€9,712
down €9,712 (-39.5%), from €24,602 to €14,890
- Tax, wage and social debts -€9,108
down €9,108 (-89.7%), from €10,149 to €1,041
- Gross operating margin +€9,918
up €9,918 (+46.4%), from €21,393 to €31,311
- Depreciation +€1,334
up €1,334 (+3.2%), from €41,406 to €42,739
- Other operating charges +€350
up €350 (+3.6%), from €9,796 to €10,146
- Financial charges +€330
up €330 (+3303100.0%), from €0 to €330
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 | €735,489 | €690,645 | -€44,843 | -6.1% |
| Fixed assets | 21/28 | €626,886 | €606,540 | -€20,346 | -3.2% |
| Tangible fixed assets | 22/27 | €626,886 | €606,540 | -€20,346 | -3.2% |
| Land and buildings | 22 | €601,295 | €586,702 | -€14,593 | -2.4% |
| Plant, machinery and equipment | 23 | €25,591 | €19,839 | -€5,752 | -22.5% |
| Current assets | 29/58 | €108,603 | €84,105 | -€24,498 | -22.6% |
| Amounts receivable within one year | 40/41 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €90,877 | €69,105 | -€21,772 | -24.0% |
| Deferred charges and accrued income | 490/1 | €2,726 | - | -€2,726 | |
| Total equity and liabilities | 10/49 | €735,489 | €690,645 | -€44,843 | -6.1% |
| Equity | 10/15 | €426,734 | €404,830 | -€21,904 | -5.1% |
| Contributions | 10/11 | €198,268 | €198,268 | = | 0.0% |
| Reserves | 13 | €228,466 | €206,562 | -€21,904 | -9.6% |
| Tax-exempt reserves | 132 | €26,239 | €11,350 | -€14,889 | -56.7% |
| Distributable reserves | 133 | €202,227 | €195,212 | -€7,015 | -3.5% |
| Amounts payable | 17/49 | €308,754 | €285,815 | -€22,940 | -7.4% |
| Amounts payable after more than one year | 17 | €1,804 | €1,804 | = | 0.0% |
| Other amounts payable | 178/9 | €1,804 | €1,804 | = | 0.0% |
| Amounts payable within one year | 42/48 | €300,551 | €281,731 | -€18,820 | -6.3% |
| Trade debts | 44 | €24,602 | €14,890 | -€9,712 | -39.5% |
| Suppliers | 440/4 | €24,602 | €14,890 | -€9,712 | -39.5% |
| Taxes, remuneration and social security | 45 | €10,149 | €1,041 | -€9,108 | -89.7% |
| Taxes | 450/3 | €10,149 | €1,041 | -€9,108 | -89.7% |
| Other amounts payable | 47/48 | €265,800 | €265,800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,399 | €2,280 | -€4,120 | -64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,406 | €42,739 | +€1,334 | +3.2% |
| Other operating charges | 640/8 | €9,796 | €10,146 | +€350 | +3.6% |
| Gross operating margin | 9900 | €21,393 | €31,311 | +€9,918 | +46.4% |
| Operating profit (loss) | 9901 | -€29,809 | -€21,575 | +€8,234 | +27.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | +808.3% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +808.3% |
| Financial charges | 65/66B | €0 | €330 | +€330 | +3303100.0% |
| Recurring financial charges | 65 | €0 | €330 | +€330 | +3303100.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,809 | -€21,904 | +€7,905 | +26.5% |
| Profit (loss) for the period | 9904 | -€29,809 | -€21,904 | +€7,905 | +26.5% |
| Transfer from tax-exempt reserves | 789 | - | €14,889 | +€14,889 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,809 | -€7,015 | +€22,794 | +76.5% |
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 4 October 2026 via checked.be.