Cup of Code: 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.
Cup of Code
Largest movements
- Tangible fixed assets +€2,955
up €2,955 (+17.3%), from €17,105 to €20,060
of which Furniture and vehicles: +€4,331
- Receivables within one year -€2,797
down €2,797 (-15.7%), from €17,812 to €15,015
of which Other amounts receivable: -€11,509
- Cash +€1,883
up €1,883 (+3.4%), from €55,411 to €57,294
mainly Net result for the year (+€16,986) and Other debts (+€12,055)
- Other debts +€12,055
up €12,055 (+21.1%), from €57,252 to €69,307
- Tax, wage and social debts -€4,280
down €4,280 (-57.1%), from €7,500 to €3,220
- Short-term financial debts -€4,057
no longer reported in 2025 (was €4,057)
- Trade debts -€1,575
down €1,575 (-35.4%), from €4,443 to €2,868
- Gross operating margin +€25,465
up €25,465 (+652%), from €3,904 to €29,369
- Taxes +€5,730
up €5,730 (+4,477%), from €128 to €5,858
- Depreciation +€1,474
up €1,474 (+31.3%), from €4,703 to €6,177
- Financial income -€395
down €395 (-54.0%), from €731 to €336
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 | €94,626 | €96,755 | +€2,129 | +2.2% |
| Fixed assets | 21/28 | €20,705 | €23,660 | +€2,955 | +14.3% |
| Tangible fixed assets | 22/27 | €17,105 | €20,060 | +€2,955 | +17.3% |
| Plant, machinery and equipment | 23 | €1,971 | €1,516 | -€455 | -23.1% |
| Furniture and vehicles | 24 | €8,332 | €12,663 | +€4,331 | +52.0% |
| Other tangible fixed assets | 26 | €6,802 | €5,881 | -€921 | -13.5% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €73,921 | €73,095 | -€826 | -1.1% |
| Amounts receivable within one year | 40/41 | €17,812 | €15,015 | -€2,797 | -15.7% |
| Trade receivables | 40 | - | €8,712 | +€8,712 | |
| Other amounts receivable | 41 | €17,812 | €6,303 | -€11,509 | -64.6% |
| Cash at bank and in hand | 54/58 | €55,411 | €57,294 | +€1,883 | +3.4% |
| Deferred charges and accrued income | 490/1 | €698 | €786 | +€88 | +12.6% |
| Total equity and liabilities | 10/49 | €94,626 | €96,755 | +€2,129 | +2.2% |
| Equity | 10/15 | €21,374 | €21,360 | -€14 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €914 | €900 | -€14 | -1.5% |
| Amounts payable | 17/49 | €73,252 | €75,395 | +€2,143 | +2.9% |
| Amounts payable within one year | 42/48 | €73,252 | €75,395 | +€2,143 | +2.9% |
| Financial debts | 43 | €4,057 | - | -€4,057 | |
| Credit institutions | 430/8 | €4,057 | - | -€4,057 | |
| Trade debts | 44 | €4,443 | €2,868 | -€1,575 | -35.4% |
| Suppliers | 440/4 | €4,443 | €2,868 | -€1,575 | -35.4% |
| Taxes, remuneration and social security | 45 | €7,500 | €3,220 | -€4,280 | -57.1% |
| Taxes | 450/3 | €7,500 | €3,220 | -€4,280 | -57.1% |
| Other amounts payable | 47/48 | €57,252 | €69,307 | +€12,055 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,703 | €6,177 | +€1,474 | +31.3% |
| Other operating charges | 640/8 | €433 | €446 | +€13 | +3.0% |
| Gross operating margin | 9900 | €3,904 | €29,369 | +€25,465 | +652% |
| Operating profit (loss) | 9901 | -€1,232 | €22,746 | +€23,978 | |
| Financial income | 75/76B | €731 | €336 | -€395 | -54.0% |
| Recurring financial income | 75 | €731 | €336 | -€395 | -54.0% |
| Financial charges | 65/66B | €521 | €238 | -€283 | -54.3% |
| Recurring financial charges | 65 | €521 | €238 | -€283 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,022 | €22,844 | +€23,866 | |
| Income taxes | 67/77 | €128 | €5,858 | +€5,730 | +4,477% |
| Profit (loss) for the period | 9904 | -€1,150 | €16,986 | +€18,136 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,150 | €16,986 | +€18,136 |
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 15 October 2026 via checked.be.