CODUS Solutions: 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.
CODUS Solutions
Largest movements
- Receivables after one year -€30,914
down €30,914 (-23.2%), from €133,163 to €102,249
of which Other amounts receivable: -€26,914
- Receivables within one year +€13,527
up €13,527 (+27.3%), from €49,578 to €63,105
of which Trade receivables: +€12,645
- Other debts -€14,000
down €14,000 (-48.3%), from €29,000 to €15,000
- Advances received -€12,806
down €12,806 (-22.2%), from €57,812 to €45,006
- Tax, wage and social debts +€8,700
new in 2024: €8,700
- Profit (loss) carried forward +€2,332
up €2,332 (+3.2%), from €73,504 to €75,836
- Turnover -€38,020
no longer reported in 2024 (was €38,020)
- Staff costs -€32,752
no longer reported in 2024 (was €32,752)
- Gross operating margin -€14,400
down €14,400 (-45.0%), from €31,978 to €17,578
- Purchases and services -€7,906
no longer reported in 2024 (was €7,906)
- Financial charges -€1,074
no longer reported in 2024 (was €1,074)
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.
Derived cash bridge
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 | €185,803 | €168,417 | -€17,386 | -9.4% |
| Current assets | 29/58 | €185,803 | €168,417 | -€17,386 | -9.4% |
| Amounts receivable after more than one year | 29 | €133,163 | €102,249 | -€30,914 | -23.2% |
| Trade receivables | 290 | €4,000 | - | -€4,000 | |
| Other amounts receivable | 291 | €129,163 | €102,249 | -€26,914 | -20.8% |
| Amounts receivable within one year | 40/41 | €49,578 | €63,105 | +€13,527 | +27.3% |
| Trade receivables | 40 | €48,639 | €61,284 | +€12,645 | +26.0% |
| Other amounts receivable | 41 | €939 | €1,821 | +€882 | +93.8% |
| Cash at bank and in hand | 54/58 | €3,063 | €3,063 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €185,803 | €168,417 | -€17,386 | -9.4% |
| Equity | 10/15 | €92,104 | €94,436 | +€2,332 | +2.5% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Contributions outside capital | 11 | €1,200 | - | -€1,200 | |
| Share premium | 1100/10 | €1,200 | - | -€1,200 | |
| Reserves | 13 | €17,400 | €17,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,400 | €17,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,400 | €17,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,504 | €75,836 | +€2,332 | +3.2% |
| Amounts payable | 17/49 | €93,699 | €73,981 | -€19,718 | -21.0% |
| Amounts payable within one year | 42/48 | €93,699 | €73,981 | -€19,718 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | - | €198 | +€198 | |
| Financial debts | 43 | €5,077 | €5,077 | -€0 | 0.0% |
| Credit institutions | 430/8 | €5,077 | €5,077 | -€0 | 0.0% |
| Trade debts | 44 | €1,810 | - | -€1,810 | |
| Suppliers | 440/4 | €1,810 | - | -€1,810 | |
| Advances received on contracts in progress | 46 | €57,812 | €45,006 | -€12,806 | -22.2% |
| Taxes, remuneration and social security | 45 | - | €8,700 | +€8,700 | |
| Taxes | 450/3 | - | €8,700 | +€8,700 | |
| Other amounts payable | 47/48 | €29,000 | €15,000 | -€14,000 | -48.3% |
| Turnover | 70 | €38,020 | - | -€38,020 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,906 | - | -€7,906 | |
| Remuneration, social security and pensions | 62 | €32,752 | - | -€32,752 | |
| Other operating charges | 640/8 | €1,143 | €246 | -€897 | -78.5% |
| Gross operating margin | 9900 | €31,978 | €17,578 | -€14,400 | -45.0% |
| Operating profit (loss) | 9901 | -€1,916 | €17,332 | +€19,248 | |
| Financial charges | 65/66B | €1,074 | - | -€1,074 | |
| Recurring financial charges | 65 | €1,074 | - | -€1,074 | |
| Profit (loss) for the period before taxes | 9903 | -€2,991 | €17,332 | +€20,323 | |
| Income taxes | 67/77 | €618 | - | -€618 | |
| Profit (loss) for the period | 9904 | -€3,608 | €17,332 | +€20,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,608 | €17,332 | +€20,940 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.