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CODOMICA: 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.

What changed

CODOMICA

BE 0861.868.259
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€5,416
2023 · -€11,609+€6,193
Equity
-€89,115
2023 · -€83,699-€5,416
Cash
€3,332
2023 · €70,751-€67,419
Balance sheet total
€92,681
2023 · €168,345-€75,664

Largest movements

2023 to 2024
Assets
  • Cash -€67,419

    down €67,419 (-95.3%), from €70,751 to €3,332

    mainly Debts after one year (-€168,000) and Net result for the year (-€5,416)

  • Tangible fixed assets -€5,195

    down €5,195 (-5.5%), from €94,544 to €89,349

    of which Land and buildings: -€5,195

  • Receivables within one year -€3,050

    down €3,050 (-100.0%), from €3,050 to €0

Equity and liabilities
  • Debts after one year -€168,000

    down €168,000 (-100.0%), from €168,000 to €0

  • Other debts +€97,752

    up €97,752 (+116.3%), from €84,044 to €181,796

  • Profit (loss) carried forward -€5,416

    down €5,416 (-3.6%), from -€149,699 to -€155,115

Income statement
  • Financial charges -€5,741

    down €5,741 (-89.9%), from €6,387 to €647

  • Gross operating margin +€488

    up €488 (+55.9%), from €873 to €1,362

  • Other operating charges +€36

    up €36 (+4.1%), from €899 to €936

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€11,609
Gross operating margin +€488
Other operating charges -€36
Financial charges +€5,741
Result 2024 -€5,416

Cash bridge derived

cash 2023 to 2024

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.

From operations +€100,581
Investment €0
Financing -€168,000
Cash 2023 €70,751
Net result for the year -€5,416
Depreciation +€5,195
Receivables within one year +€3,050
Other debts +€97,752
Debts after one year -€168,000
Cash 2024 €3,332
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €168,345 €92,681 -€75,664 -44.9%
Fixed assets 21/28 €94,544 €89,349 -€5,195 -5.5%
Tangible fixed assets 22/27 €94,544 €89,349 -€5,195 -5.5%
Land and buildings 22 €94,544 €89,349 -€5,195 -5.5%
Plant, machinery and equipment 23 €0 €0 =
Furniture and vehicles 24 €0 €0 =
Current assets 29/58 €73,801 €3,332 -€70,469 -95.5%
Amounts receivable within one year 40/41 €3,050 €0 -€3,050 -100.0%
Other amounts receivable 41 €3,050 €0 -€3,050 -100.0%
Cash at bank and in hand 54/58 €70,751 €3,332 -€67,419 -95.3%
Total equity and liabilities 10/49 €168,345 €92,681 -€75,664 -44.9%
Equity 10/15 -€83,699 -€89,115 -€5,416 -6.5%
Contributions 10/11 €66,000 €66,000 = 0.0%
Capital 10 €66,000 €66,000 = 0.0%
Issued capital 100 €66,000 €66,000 = 0.0%
Profit (loss) carried forward 14 -€149,699 -€155,115 -€5,416 -3.6%
Amounts payable 17/49 €252,044 €181,796 -€70,248 -27.9%
Amounts payable after more than one year 17 €168,000 €0 -€168,000 -100.0%
Financial debts 170/4 €168,000 €0 -€168,000 -100.0%
Amounts payable within one year 42/48 €84,044 €181,796 +€97,752 +116.3%
Other amounts payable 47/48 €84,044 €181,796 +€97,752 +116.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,195 €5,195 = 0.0%
Other operating charges 640/8 €899 €936 +€36 +4.1%
Gross operating margin 9900 €873 €1,362 +€488 +55.9%
Operating profit (loss) 9901 -€5,221 -€4,769 +€452 +8.7%
Financial charges 65/66B €6,387 €647 -€5,741 -89.9%
Recurring financial charges 65 €6,387 €647 -€5,741 -89.9%
Profit (loss) for the period before taxes 9903 -€11,609 -€5,416 +€6,193 +53.3%
Profit (loss) for the period 9904 -€11,609 -€5,416 +€6,193 +53.3%
Profit (loss) for the period to be appropriated 9905 -€11,609 -€5,416 +€6,193 +53.3%

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.