CODING CULTURE: 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.
CODING CULTURE
Largest movements
- Deferred charges and accrued income +€1,408
up €1,408 (+66.5%), from €2,116 to €3,524
- Cash +€808
up €808 (+11.8%), from €6,851 to €7,659
mainly Net result for the year (+€9,820) and Depreciation (+€3,012)
- Tangible fixed assets -€657
down €657 (-13.0%), from €5,067 to €4,409
of which Plant, machinery and equipment: -€462
- Reserves +€9,820
up €9,820 (+34.8%), from €28,244 to €38,064
- Tax, wage and social debts -€3,201
down €3,201 (-40.2%), from €7,965 to €4,765
- Trade debts -€2,678
down €2,678 (-35.5%), from €7,541 to €4,862
- Debts after one year -€1,240
down €1,240 (-79.4%), from €1,562 to €322
- Short-term financial debts -€766
down €766 (-24.6%), from €3,116 to €2,350
of which Credit institutions: -€760
- Gross operating margin +€5,162
up €5,162 (+37.9%), from €13,631 to €18,794
- Depreciation -€1,168
down €1,168 (-27.9%), from €4,180 to €3,012
- Taxes +€750
up €750 (+24.5%), from €3,062 to €3,811
- Financial charges -€552
down €552 (-24.9%), from €2,219 to €1,667
- Other operating charges -€364
down €364 (-25.0%), from €1,456 to €1,092
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 | €55,892 | €57,398 | +€1,505 | +2.7% |
| Fixed assets | 21/28 | €5,067 | €4,409 | -€657 | -13.0% |
| Tangible fixed assets | 22/27 | €5,067 | €4,409 | -€657 | -13.0% |
| Plant, machinery and equipment | 23 | €995 | €533 | -€462 | -46.4% |
| Furniture and vehicles | 24 | €4,071 | €3,876 | -€195 | -4.8% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €50,825 | €52,988 | +€2,163 | +4.3% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,858 | €11,805 | -€53 | -0.4% |
| Trade receivables | 40 | €10,910 | €11,616 | +€706 | +6.5% |
| Other amounts receivable | 41 | €948 | €189 | -€759 | -80.1% |
| Cash at bank and in hand | 54/58 | €6,851 | €7,659 | +€808 | +11.8% |
| Deferred charges and accrued income | 490/1 | €2,116 | €3,524 | +€1,408 | +66.5% |
| Total equity and liabilities | 10/49 | €55,892 | €57,398 | +€1,505 | +2.7% |
| Equity | 10/15 | €28,344 | €38,164 | +€9,820 | +34.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €28,244 | €38,064 | +€9,820 | +34.8% |
| Distributable reserves | 133 | €28,244 | €38,064 | +€9,820 | +34.8% |
| Amounts payable | 17/49 | €27,548 | €19,233 | -€8,315 | -30.2% |
| Amounts payable after more than one year | 17 | €1,562 | €322 | -€1,240 | -79.4% |
| Financial debts | 170/4 | €1,562 | €322 | -€1,240 | -79.4% |
| Amounts payable within one year | 42/48 | €24,515 | €17,217 | -€7,298 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €1,164 | €1,240 | +€75 | +6.5% |
| Financial debts | 43 | €3,116 | €2,350 | -€766 | -24.6% |
| Credit institutions | 430/8 | €760 | €0 | -€760 | -100.0% |
| Other loans | 439 | €2,356 | €2,350 | -€6 | -0.3% |
| Trade debts | 44 | €7,541 | €4,862 | -€2,678 | -35.5% |
| Suppliers | 440/4 | €7,541 | €4,862 | -€2,678 | -35.5% |
| Taxes, remuneration and social security | 45 | €7,965 | €4,765 | -€3,201 | -40.2% |
| Taxes | 450/3 | €7,965 | €4,765 | -€3,201 | -40.2% |
| Other amounts payable | 47/48 | €4,729 | €4,001 | -€728 | -15.4% |
| Accrued charges and deferred income | 492/3 | €1,471 | €1,694 | +€222 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,180 | €3,012 | -€1,168 | -27.9% |
| Other operating charges | 640/8 | €1,456 | €1,092 | -€364 | -25.0% |
| Gross operating margin | 9900 | €13,631 | €18,794 | +€5,162 | +37.9% |
| Operating profit (loss) | 9901 | €7,995 | €14,690 | +€6,695 | +83.7% |
| Financial income | 75/76B | €604 | €609 | +€5 | +0.8% |
| Recurring financial income | 75 | €604 | €609 | +€5 | +0.8% |
| Financial charges | 65/66B | €2,219 | €1,667 | -€552 | -24.9% |
| Recurring financial charges | 65 | €2,219 | €1,667 | -€552 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €6,380 | €13,632 | +€7,252 | +113.7% |
| Income taxes | 67/77 | €3,062 | €3,811 | +€750 | +24.5% |
| Profit (loss) for the period | 9904 | €3,318 | €9,820 | +€6,502 | +195.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,318 | €9,820 | +€6,502 | +195.9% |
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 7 October 2026 via checked.be.