CODISOFT & SENSE: 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.
CODISOFT & SENSE
Largest movements
- Cash -€33,483
down €33,483 (-6.9%), from €484,298 to €450,815
mainly Contributions, distributions and other (-€120,848) and Trade debts (-€7,895)
- Tangible fixed assets -€8,838
down €8,838 (-9.8%), from €90,061 to €81,223
of which Land and buildings: -€7,070
- Reserves -€41,619
down €41,619 (-6.3%), from €656,595 to €614,976
- Financial charges -€12,572
down €12,572 (-95.1%), from €13,216 to €644
- Gross operating margin -€8,994
down €8,994 (-8.0%), from €111,763 to €102,769
- Financial income +€6,953
up €6,953 (+52.2%), from €13,329 to €20,283
of which Financial income: +€6,853
- Taxes +€2,690
up €2,690 (+8.9%), from €30,097 to €32,787
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.
Derived cash bridge
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 | €862,488 | €817,510 | -€44,978 | -5.2% |
| Fixed assets | 21/28 | €90,061 | €81,223 | -€8,838 | -9.8% |
| Tangible fixed assets | 22/27 | €90,061 | €81,223 | -€8,838 | -9.8% |
| Land and buildings | 22 | €84,845 | €77,775 | -€7,070 | -8.3% |
| Plant, machinery and equipment | 23 | €201 | €201 | = | 0.0% |
| Furniture and vehicles | 24 | €5,015 | €3,247 | -€1,768 | -35.2% |
| Current assets | 29/58 | €772,427 | €736,287 | -€36,140 | -4.7% |
| Amounts receivable within one year | 40/41 | €154,206 | €152,999 | -€1,206 | -0.8% |
| Trade receivables | 40 | €20,421 | €19,712 | -€709 | -3.5% |
| Other amounts receivable | 41 | €133,785 | €133,288 | -€497 | -0.4% |
| Current investments | 50/53 | €121,860 | €124,429 | +€2,568 | +2.1% |
| Cash at bank and in hand | 54/58 | €484,298 | €450,815 | -€33,483 | -6.9% |
| Deferred charges and accrued income | 490/1 | €12,063 | €8,045 | -€4,019 | -33.3% |
| Total equity and liabilities | 10/49 | €862,488 | €817,510 | -€44,978 | -5.2% |
| Equity | 10/15 | €812,074 | €770,455 | -€41,619 | -5.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €656,595 | €614,976 | -€41,619 | -6.3% |
| Distributable reserves | 133 | €656,595 | €614,976 | -€41,619 | -6.3% |
| Profit (loss) carried forward | 14 | €136,887 | €136,887 | = | 0.0% |
| Amounts payable | 17/49 | €50,415 | €47,056 | -€3,359 | -6.7% |
| Amounts payable within one year | 42/48 | €50,415 | €47,056 | -€3,359 | -6.7% |
| Trade debts | 44 | €7,970 | €76 | -€7,895 | -99.1% |
| Suppliers | 440/4 | €7,970 | €76 | -€7,895 | -99.1% |
| Taxes, remuneration and social security | 45 | €34,023 | €36,892 | +€2,869 | +8.4% |
| Taxes | 450/3 | €14,323 | €10,972 | -€3,351 | -23.4% |
| Remuneration and social security | 454/9 | €19,700 | €25,920 | +€6,220 | +31.6% |
| Other amounts payable | 47/48 | €8,422 | €10,088 | +€1,667 | +19.8% |
| Non-recurring operating income | 76A | €216 | €216 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,610 | €8,584 | -€1,027 | -10.7% |
| Other operating charges | 640/8 | €990 | €1,808 | +€819 | +82.7% |
| Gross operating margin | 9900 | €111,763 | €102,769 | -€8,994 | -8.0% |
| Operating profit (loss) | 9901 | €101,163 | €92,377 | -€8,786 | -8.7% |
| Financial income | 75/76B | €13,329 | €20,283 | +€6,953 | +52.2% |
| Recurring financial income | 75 | €10,129 | €16,983 | +€6,853 | +67.7% |
| Non-recurring financial income | 76B | €3,200 | €3,300 | +€100 | +3.1% |
| Financial charges | 65/66B | €13,216 | €644 | -€12,572 | -95.1% |
| Recurring financial charges | 65 | €13,216 | €644 | -€12,572 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | €101,276 | €112,016 | +€10,739 | +10.6% |
| Income taxes | 67/77 | €30,097 | €32,787 | +€2,690 | +8.9% |
| Profit (loss) for the period | 9904 | €71,179 | €79,229 | +€8,049 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,179 | €79,229 | +€8,049 | +11.3% |
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 14 October 2026 via checked.be.