Codly: 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.
Codly
Largest movements
- Cash +€11,892
up €11,892, from €0 to €11,892
mainly Net result for the year (+€11,977) and Tax, wage and social debts (+€10,857)
- Receivables within one year +€11,033
up €11,033 (+2472.4%), from €446 to €11,479
of which Trade receivables: +€10,961
- Tangible fixed assets +€3,924
up €3,924 (+184.8%), from €2,124 to €6,048
of which Furniture and vehicles: +€2,157
- Deferred charges and accrued income +€2,625
new in 2024: €2,625
- Profit (loss) carried forward +€11,977
up €11,977 (+8.8%), from -€136,698 to -€124,721
- Tax, wage and social debts +€10,857
up €10,857, from €0 to €10,857
of which Taxes: +€7,814
- Trade debts +€6,603
up €6,603 (+481.3%), from €1,372 to €7,974
- Short-term financial debts +€657
new in 2024: €657
- Other debts -€619
down €619 (-0.5%), from €119,304 to €118,685
- Gross operating margin +€35,687
up €35,687, from -€4,902 to €30,785
- Taxes +€4,482
up €4,482, from €0 to €4,482
- Other operating charges +€1,391
up €1,391 (+1055.9%), from €132 to €1,522
- Financial charges +€1,269
up €1,269 (+1340.8%), from €95 to €1,363
- Depreciation +€904
up €904 (+77918.1%), from €1 to €905
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 | €2,570 | €32,044 | +€29,474 | +1146.8% |
| Fixed assets | 21/28 | €2,124 | €6,048 | +€3,924 | +184.8% |
| Tangible fixed assets | 22/27 | €2,124 | €6,048 | +€3,924 | +184.8% |
| Plant, machinery and equipment | 23 | €2,124 | €3,890 | +€1,767 | +83.2% |
| Furniture and vehicles | 24 | - | €2,157 | +€2,157 | |
| Current assets | 29/58 | €446 | €25,996 | +€25,550 | +5725.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €446 | €11,479 | +€11,033 | +2472.4% |
| Trade receivables | 40 | - | €10,961 | +€10,961 | |
| Other amounts receivable | 41 | €446 | €518 | +€72 | +16.2% |
| Cash at bank and in hand | 54/58 | €0 | €11,892 | +€11,892 | |
| Deferred charges and accrued income | 490/1 | - | €2,625 | +€2,625 | |
| Total equity and liabilities | 10/49 | €2,570 | €32,044 | +€29,474 | +1146.8% |
| Equity | 10/15 | -€118,106 | -€106,129 | +€11,977 | +10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,698 | -€124,721 | +€11,977 | +8.8% |
| Amounts payable | 17/49 | €120,676 | €138,173 | +€17,497 | +14.5% |
| Amounts payable within one year | 42/48 | €120,676 | €138,173 | +€17,497 | +14.5% |
| Financial debts | 43 | - | €657 | +€657 | |
| Other loans | 439 | - | €657 | +€657 | |
| Trade debts | 44 | €1,372 | €7,974 | +€6,603 | +481.3% |
| Suppliers | 440/4 | €1,372 | €7,974 | +€6,603 | +481.3% |
| Taxes, remuneration and social security | 45 | €0 | €10,857 | +€10,857 | |
| Taxes | 450/3 | €0 | €7,814 | +€7,814 | |
| Remuneration and social security | 454/9 | - | €3,043 | +€3,043 | |
| Other amounts payable | 47/48 | €119,304 | €118,685 | -€619 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €905 | +€904 | +77918.1% |
| Other operating charges | 640/8 | €132 | €1,522 | +€1,391 | +1055.9% |
| Non-recurring operating charges | 66A | - | €10,541 | +€10,541 | |
| Gross operating margin | 9900 | -€4,902 | €30,785 | +€35,687 | |
| Operating profit (loss) | 9901 | -€5,035 | €17,817 | +€22,852 | |
| Financial income | 75/76B | €1 | €5 | +€4 | +281.8% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +281.8% |
| Financial charges | 65/66B | €95 | €1,363 | +€1,269 | +1340.8% |
| Recurring financial charges | 65 | €95 | €1,363 | +€1,269 | +1340.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,128 | €16,459 | +€21,587 | |
| Income taxes | 67/77 | €0 | €4,482 | +€4,482 | |
| Profit (loss) for the period | 9904 | -€5,128 | €11,977 | +€17,105 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,128 | €11,977 | +€17,105 |
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 30 September 2026 via checked.be.