Codipral: 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.
Codipral
Largest movements
- Tangible fixed assets +€301,900
up €301,900 (+77.0%), from €391,939 to €693,839
- Stocks and contracts -€72,333
no longer reported in 2024 (was €72,333)
- Intangible fixed assets +€59,508
new in 2024: €59,508
- Cash -€31,622
down €31,622 (-85.2%), from €37,103 to €5,481
mainly Investment in fixed assets (net) (-€380,000) and Current portion of long-term debt (-€23,815)
- Receivables within one year -€16,000
no longer reported in 2024 (was €16,000)
- Trade debts +€130,724
up €130,724 (+8264.0%), from €1,582 to €132,305
- Profit (loss) carried forward +€90,614
up €90,614, from -€6,274 to €84,340
- Other debts +€57,388
up €57,388 (+26.6%), from €216,097 to €273,485
- Current portion of long-term debt -€23,815
down €23,815 (-63.5%), from €37,508 to €13,693
- Revaluation surpluses -€23,053
down €23,053 (-31.6%), from €73,053 to €50,000
- Gross operating margin +€73,447
up €73,447 (+99.4%), from €73,890 to €147,337
- Taxes +€16,905
new in 2024: €16,905
- Other operating charges +€10,365
up €10,365 (+1604.3%), from €646 to €11,011
- Depreciation +€4,033
up €4,033 (+27.7%), from €14,559 to €18,592
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €526,275 | €766,828 | +€240,552 | +45.7% |
| Fixed assets | 21/28 | €399,939 | €761,347 | +€361,408 | +90.4% |
| Intangible fixed assets | 21 | - | €59,508 | +€59,508 | |
| Tangible fixed assets | 22/27 | €391,939 | €693,839 | +€301,900 | +77.0% |
| Land and buildings | 22 | €391,939 | €693,839 | +€301,900 | +77.0% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €126,336 | €5,481 | -€120,855 | -95.7% |
| Stocks and contracts in progress | 3 | €72,333 | - | -€72,333 | |
| Stocks | 30/36 | €72,333 | - | -€72,333 | |
| Amounts receivable within one year | 40/41 | €16,000 | - | -€16,000 | |
| Trade receivables | 40 | €16,000 | - | -€16,000 | |
| Current investments | 50/53 | €900 | - | -€900 | |
| Cash at bank and in hand | 54/58 | €37,103 | €5,481 | -€31,622 | -85.2% |
| Total equity and liabilities | 10/49 | €526,275 | €766,828 | +€240,552 | +45.7% |
| Equity | 10/15 | €201,966 | €275,010 | +€73,044 | +36.2% |
| Contributions | 10/11 | €104,413 | €104,413 | = | 0.0% |
| Capital | 10 | €104,413 | €104,413 | = | 0.0% |
| Issued capital | 100 | €104,413 | €104,413 | = | 0.0% |
| Revaluation surpluses | 12 | €73,053 | €50,000 | -€23,053 | -31.6% |
| Reserves | 13 | €30,774 | €36,257 | +€5,483 | +17.8% |
| Non-distributable reserves | 130/1 | €4,958 | €10,441 | +€5,483 | +110.6% |
| Legal reserve | 130 | €4,958 | €10,441 | +€5,483 | +110.6% |
| Tax-exempt reserves | 132 | €2,594 | €2,594 | = | 0.0% |
| Distributable reserves | 133 | €23,222 | €23,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,274 | €84,340 | +€90,614 | |
| Amounts payable | 17/49 | €324,309 | €491,818 | +€167,508 | +51.7% |
| Amounts payable after more than one year | 17 | €69,123 | €55,429 | -€13,693 | -19.8% |
| Financial debts | 170/4 | €58,413 | €44,719 | -€13,693 | -23.4% |
| Other amounts payable | 178/9 | €10,710 | €10,710 | = | 0.0% |
| Amounts payable within one year | 42/48 | €255,187 | €436,389 | +€181,202 | +71.0% |
| Current portion of amounts payable after more than one year | 42 | €37,508 | €13,693 | -€23,815 | -63.5% |
| Trade debts | 44 | €1,582 | €132,305 | +€130,724 | +8264.0% |
| Suppliers | 440/4 | €1,582 | €132,305 | +€130,724 | +8264.0% |
| Taxes, remuneration and social security | 45 | - | €16,905 | +€16,905 | |
| Taxes | 450/3 | - | €16,905 | +€16,905 | |
| Other amounts payable | 47/48 | €216,097 | €273,485 | +€57,388 | +26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,559 | €18,592 | +€4,033 | +27.7% |
| Other operating charges | 640/8 | €646 | €11,011 | +€10,365 | +1604.3% |
| Gross operating margin | 9900 | €73,890 | €147,337 | +€73,447 | +99.4% |
| Operating profit (loss) | 9901 | €58,684 | €117,733 | +€59,049 | +100.6% |
| Financial charges | 65/66B | €4,606 | €4,732 | +€126 | +2.7% |
| Recurring financial charges | 65 | €4,606 | €4,732 | +€126 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €54,079 | €113,002 | +€58,923 | +109.0% |
| Income taxes | 67/77 | - | €16,905 | +€16,905 | |
| Profit (loss) for the period | 9904 | €54,079 | €96,097 | +€42,018 | +77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,079 | €96,097 | +€42,018 | +77.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.