CODIPOR: 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.
CODIPOR
Largest movements
- Tangible fixed assets +€507,566
up €507,566 (+56.2%), from €902,667 to €1.4m
of which Land and buildings: +€510,924
- Receivables within one year +€229,691
up €229,691 (+44.3%), from €518,426 to €748,117
of which Other amounts receivable: +€180,930
- Intangible fixed assets +€74,112
new in 2025: €74,112
- Stocks and contracts -€26,798
down €26,798 (-6.7%), from €398,629 to €371,831
- Reserves +€486,557
up €486,557 (+142.2%), from €342,191 to €828,748
- Debts after one year +€444,852
up €444,852 (+77.5%), from €574,113 to €1.0m
- Profit (loss) carried forward -€299,387
down €299,387 (-100.0%), from €299,387 to €0
- Short-term financial debts +€162,661
new in 2025: €162,661
- Tax, wage and social debts -€38,594
down €38,594 (-88.2%), from €43,750 to €5,156
of which Taxes: -€24,194
- Depreciation +€101,162
up €101,162 (+139.1%), from €72,718 to €173,880
- Gross operating margin -€92,484
down €92,484 (-16.3%), from €565,825 to €473,341
- Taxes +€11,375
up €11,375 (+15.4%), from €73,782 to €85,156
- Financial charges +€6,646
up €6,646 (+40.5%), from €16,402 to €23,048
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 | €1,834,046 | €2,607,217 | +€773,171 | +42.2% |
| Fixed assets | 21/28 | €902,667 | €1,484,345 | +€581,678 | +64.4% |
| Intangible fixed assets | 21 | - | €74,112 | +€74,112 | |
| Tangible fixed assets | 22/27 | €902,667 | €1,410,234 | +€507,566 | +56.2% |
| Land and buildings | 22 | €721,048 | €1,231,972 | +€510,924 | +70.9% |
| Plant, machinery and equipment | 23 | €178,296 | €175,759 | -€2,537 | -1.4% |
| Furniture and vehicles | 24 | €3,323 | €2,502 | -€821 | -24.7% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €931,379 | €1,122,872 | +€191,492 | +20.6% |
| Stocks and contracts in progress | 3 | €398,629 | €371,831 | -€26,798 | -6.7% |
| Stocks | 30/36 | €398,629 | €371,831 | -€26,798 | -6.7% |
| Amounts receivable within one year | 40/41 | €518,426 | €748,117 | +€229,691 | +44.3% |
| Trade receivables | 40 | €493,836 | €542,597 | +€48,761 | +9.9% |
| Other amounts receivable | 41 | €24,589 | €205,520 | +€180,930 | +735.8% |
| Cash at bank and in hand | 54/58 | €12,802 | €1,440 | -€11,362 | -88.8% |
| Deferred charges and accrued income | 490/1 | €1,523 | €1,484 | -€39 | -2.5% |
| Total equity and liabilities | 10/49 | €1,834,046 | €2,607,217 | +€773,171 | +42.2% |
| Equity | 10/15 | €660,178 | €847,348 | +€187,171 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €342,191 | €828,748 | +€486,557 | +142.2% |
| Distributable reserves | 133 | €342,191 | €828,748 | +€486,557 | +142.2% |
| Profit (loss) carried forward | 14 | €299,387 | €0 | -€299,387 | -100.0% |
| Amounts payable | 17/49 | €1,173,869 | €1,759,869 | +€586,000 | +49.9% |
| Amounts payable after more than one year | 17 | €574,113 | €1,018,965 | +€444,852 | +77.5% |
| Financial debts | 170/4 | €574,113 | €1,018,965 | +€444,852 | +77.5% |
| Amounts payable within one year | 42/48 | €598,524 | €740,904 | +€142,380 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | €153,749 | €146,346 | -€7,403 | -4.8% |
| Financial debts | 43 | - | €162,661 | +€162,661 | |
| Credit institutions | 430/8 | - | €162,661 | +€162,661 | |
| Trade debts | 44 | €401,025 | €426,740 | +€25,715 | +6.4% |
| Suppliers | 440/4 | €401,025 | €426,740 | +€25,715 | +6.4% |
| Taxes, remuneration and social security | 45 | €43,750 | €5,156 | -€38,594 | -88.2% |
| Taxes | 450/3 | €29,350 | €5,156 | -€24,194 | -82.4% |
| Remuneration and social security | 454/9 | €14,400 | €0 | -€14,400 | -100.0% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €1,232 | €0 | -€1,232 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,718 | €173,880 | +€101,162 | +139.1% |
| Other operating charges | 640/8 | €3,019 | €6,145 | +€3,126 | +103.6% |
| Non-recurring operating charges | 66A | €211 | €0 | -€211 | -100.0% |
| Gross operating margin | 9900 | €565,825 | €473,341 | -€92,484 | -16.3% |
| Operating profit (loss) | 9901 | €489,877 | €293,315 | -€196,562 | -40.1% |
| Financial income | 75/76B | €2,041 | €2,060 | +€18 | +0.9% |
| Recurring financial income | 75 | €2,041 | €2,060 | +€18 | +0.9% |
| Financial charges | 65/66B | €16,402 | €23,048 | +€6,646 | +40.5% |
| Recurring financial charges | 65 | €16,402 | €23,048 | +€6,646 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €475,516 | €272,327 | -€203,189 | -42.7% |
| Income taxes | 67/77 | €73,782 | €85,156 | +€11,375 | +15.4% |
| Profit (loss) for the period | 9904 | €401,735 | €187,171 | -€214,564 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €401,735 | €187,171 | -€214,564 | -53.4% |
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 6 October 2026 via checked.be.