De Codefabriek: 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.
De Codefabriek
Largest movements
- Cash +€35,204
up €35,204 (+43.3%), from €81,289 to €116,492
mainly Net result for the year (+€63,626) and Depreciation (+€96)
- Receivables within one year +€26,393
up €26,393 (+18.8%), from €140,698 to €167,091
of which Trade receivables: +€16,500
- Reserves +€63,626
up €63,626 (+31.5%), from €202,220 to €265,846
- Gross operating margin -€5,397
down €5,397 (-6.9%), from €78,262 to €72,865
- Financial income +€5,070
up €5,070 (+137%), from €3,709 to €8,779
- Other operating charges +€971
up €971 (+464%), from €209 to €1,180
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 | €222,042 | €284,828 | +€62,787 | +28.3% |
| Fixed assets | 21/28 | €55 | €1,245 | +€1,190 | +2,179% |
| Tangible fixed assets | 22/27 | €55 | €1,245 | +€1,190 | +2,179% |
| Plant, machinery and equipment | 23 | - | €1,245 | +€1,245 | |
| Furniture and vehicles | 24 | €55 | - | -€55 | |
| Current assets | 29/58 | €221,987 | €283,584 | +€61,597 | +27.7% |
| Amounts receivable within one year | 40/41 | €140,698 | €167,091 | +€26,393 | +18.8% |
| Trade receivables | 40 | - | €16,500 | +€16,500 | |
| Other amounts receivable | 41 | €140,698 | €150,591 | +€9,893 | +7.0% |
| Cash at bank and in hand | 54/58 | €81,289 | €116,492 | +€35,204 | +43.3% |
| Total equity and liabilities | 10/49 | €222,042 | €284,828 | +€62,787 | +28.3% |
| Equity | 10/15 | €204,220 | €267,846 | +€63,626 | +31.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €202,220 | €265,846 | +€63,626 | +31.5% |
| Distributable reserves | 133 | €202,220 | €265,846 | +€63,626 | +31.5% |
| Amounts payable | 17/49 | €17,822 | €16,983 | -€839 | -4.7% |
| Amounts payable within one year | 42/48 | €17,822 | €16,983 | -€839 | -4.7% |
| Trade debts | 44 | €1,381 | €545 | -€837 | -60.6% |
| Suppliers | 440/4 | €1,381 | €545 | -€837 | -60.6% |
| Taxes, remuneration and social security | 45 | €16,441 | €16,438 | -€2 | 0.0% |
| Taxes | 450/3 | €16,441 | €16,438 | -€2 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €96 | -€566 | -85.5% |
| Other operating charges | 640/8 | €209 | €1,180 | +€971 | +464% |
| Gross operating margin | 9900 | €78,262 | €72,865 | -€5,397 | -6.9% |
| Operating profit (loss) | 9901 | €77,391 | €71,589 | -€5,802 | -7.5% |
| Financial income | 75/76B | €3,709 | €8,779 | +€5,070 | +137% |
| Recurring financial income | 75 | €3,709 | €8,779 | +€5,070 | +137% |
| Financial charges | 65/66B | €358 | €442 | +€84 | +23.5% |
| Recurring financial charges | 65 | €358 | €442 | +€84 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €80,742 | €79,926 | -€816 | -1.0% |
| Income taxes | 67/77 | €16,439 | €16,300 | -€138 | -0.8% |
| Profit (loss) for the period | 9904 | €64,304 | €63,626 | -€678 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,304 | €63,626 | -€678 | -1.1% |
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 26 October 2026 via checked.be.