CoodeR: 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.
CoodeR
Largest movements
- Cash +€77,918
up €77,918 (+131%), from €59,281 to €137,199
mainly Net result for the year (+€47,857) and Receivables within one year (+€19,271)
- Receivables within one year -€19,271
down €19,271 (-43.3%), from €44,504 to €25,233
of which Other amounts receivable: -€27,097
- Tangible fixed assets -€8,505
down €8,505 (-9.1%), from €92,966 to €84,460
of which Land and buildings: -€6,959
- Reserves +€47,449
up €47,449 (+22.1%), from €214,472 to €261,921
of which Distributable reserves: +€47,449
- Tax, wage and social debts +€6,496
up €6,496 (+71.4%), from €9,102 to €15,598
of which Taxes: +€8,493
- Other debts -€4,869
down €4,869 (-49.0%), from €9,939 to €5,070
- Gross operating margin +€69,638
up €69,638 (+426%), from €16,361 to €85,998
- Taxes +€19,200
up €19,200 (+2,799%), from €686 to €19,885
- Financial charges -€2,839
down €2,839 (-47.5%), from €5,982 to €3,144
- Depreciation +€1,509
up €1,509 (+12.5%), from €12,025 to €13,534
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 | €244,199 | €292,388 | +€48,189 | +19.7% |
| Fixed assets | 21/28 | €122,966 | €114,460 | -€8,505 | -6.9% |
| Tangible fixed assets | 22/27 | €92,966 | €84,460 | -€8,505 | -9.1% |
| Land and buildings | 22 | €81,145 | €74,186 | -€6,959 | -8.6% |
| Plant, machinery and equipment | 23 | €2,199 | €4,219 | +€2,021 | +91.9% |
| Furniture and vehicles | 24 | €9,622 | €6,055 | -€3,567 | -37.1% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €121,233 | €177,927 | +€56,694 | +46.8% |
| Amounts receivable within one year | 40/41 | €44,504 | €25,233 | -€19,271 | -43.3% |
| Trade receivables | 40 | €16,093 | €23,919 | +€7,826 | +48.6% |
| Other amounts receivable | 41 | €28,411 | €1,314 | -€27,097 | -95.4% |
| Current investments | 50/53 | €5,425 | €5,425 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,281 | €137,199 | +€77,918 | +131% |
| Deferred charges and accrued income | 490/1 | €12,023 | €10,069 | -€1,953 | -16.2% |
| Total equity and liabilities | 10/49 | €244,199 | €292,388 | +€48,189 | +19.7% |
| Equity | 10/15 | €220,265 | €268,121 | +€47,857 | +21.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €214,472 | €261,921 | +€47,449 | +22.1% |
| Tax-exempt reserves | 132 | €10,545 | €10,545 | = | 0.0% |
| Distributable reserves | 133 | €203,928 | €251,377 | +€47,449 | +23.3% |
| Profit (loss) carried forward | 14 | -€408 | €0 | +€408 | |
| Amounts payable | 17/49 | €23,934 | €24,266 | +€332 | +1.4% |
| Amounts payable within one year | 42/48 | €23,918 | €24,266 | +€348 | +1.5% |
| Financial debts | 43 | €17 | €15 | -€2 | -12.0% |
| Credit institutions | 430/8 | €17 | €15 | -€2 | -12.0% |
| Trade debts | 44 | €4,860 | €3,583 | -€1,277 | -26.3% |
| Suppliers | 440/4 | €4,860 | €3,583 | -€1,277 | -26.3% |
| Taxes, remuneration and social security | 45 | €9,102 | €15,598 | +€6,496 | +71.4% |
| Taxes | 450/3 | €7,105 | €15,598 | +€8,493 | +120% |
| Remuneration and social security | 454/9 | €1,997 | €0 | -€1,997 | -100% |
| Other amounts payable | 47/48 | €9,939 | €5,070 | -€4,869 | -49.0% |
| Accrued charges and deferred income | 492/3 | €16 | €0 | -€16 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,025 | €13,534 | +€1,509 | +12.5% |
| Other operating charges | 640/8 | €1,328 | €1,579 | +€251 | +18.9% |
| Gross operating margin | 9900 | €16,361 | €85,998 | +€69,638 | +426% |
| Operating profit (loss) | 9901 | €3,007 | €70,886 | +€67,878 | +2,257% |
| Financial income | 75/76B | €71 | €0 | -€71 | -100.0% |
| Recurring financial income | 75 | €71 | €0 | -€71 | -100.0% |
| Financial charges | 65/66B | €5,982 | €3,144 | -€2,839 | -47.5% |
| Recurring financial charges | 65 | €5,982 | €3,144 | -€2,839 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,904 | €67,742 | +€70,646 | |
| Income taxes | 67/77 | €686 | €19,885 | +€19,200 | +2,799% |
| Profit (loss) for the period | 9904 | -€3,590 | €47,857 | +€51,447 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,590 | €47,857 | +€51,447 |
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 28 October 2026 via checked.be.