HAPPY CODER CONSULTING: 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.
HAPPY CODER CONSULTING
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Receivables within one year -€16,483
down €16,483 (-45.5%), from €36,189 to €19,706
of which Trade receivables: -€15,824
- Cash -€15,462
down €15,462 (-32.3%), from €47,925 to €32,463
mainly Contributions, distributions and other (-€82,633) and Current investments (-€20,000)
- Tangible fixed assets +€8,457
up €8,457 (+138%), from €6,140 to €14,597
of which Plant, machinery and equipment: +€9,207
- Tax, wage and social debts -€13,623
down €13,623 (-58.4%), from €23,344 to €9,721
- Other debts +€10,143
up €10,143 (+16.4%), from €61,803 to €71,946
- Gross operating margin +€9,896
up €9,896 (+10.3%), from €96,154 to €106,050
- Depreciation -€4,186
down €4,186 (-68.2%), from €6,136 to €1,950
- Taxes +€2,805
up €2,805 (+15.4%), from €18,165 to €20,969
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 | €90,254 | €86,766 | -€3,488 | -3.9% |
| Fixed assets | 21/28 | €6,140 | €14,597 | +€8,457 | +138% |
| Tangible fixed assets | 22/27 | €6,140 | €14,597 | +€8,457 | +138% |
| Land and buildings | 22 | €4,714 | €3,964 | -€750 | -15.9% |
| Plant, machinery and equipment | 23 | €1,425 | €10,632 | +€9,207 | +646% |
| Current assets | 29/58 | €84,114 | €72,170 | -€11,944 | -14.2% |
| Amounts receivable within one year | 40/41 | €36,189 | €19,706 | -€16,483 | -45.5% |
| Trade receivables | 40 | €33,695 | €17,871 | -€15,824 | -47.0% |
| Other amounts receivable | 41 | €2,494 | €1,835 | -€659 | -26.4% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €47,925 | €32,463 | -€15,462 | -32.3% |
| Total equity and liabilities | 10/49 | €90,254 | €86,766 | -€3,488 | -3.9% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €85,254 | €81,766 | -€3,488 | -4.1% |
| Amounts payable within one year | 42/48 | €85,254 | €81,766 | -€3,488 | -4.1% |
| Trade debts | 44 | €107 | €99 | -€7 | -7.0% |
| Suppliers | 440/4 | €107 | €99 | -€7 | -7.0% |
| Taxes, remuneration and social security | 45 | €23,344 | €9,721 | -€13,623 | -58.4% |
| Taxes | 450/3 | €23,344 | €9,721 | -€13,623 | -58.4% |
| Other amounts payable | 47/48 | €61,803 | €71,946 | +€10,143 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,136 | €1,950 | -€4,186 | -68.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €96,154 | €106,050 | +€9,896 | +10.3% |
| Operating profit (loss) | 9901 | €89,630 | €103,700 | +€14,069 | +15.7% |
| Financial charges | 65/66B | €110 | €98 | -€12 | -10.6% |
| Recurring financial charges | 65 | €110 | €98 | -€12 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €89,521 | €103,602 | +€14,081 | +15.7% |
| Income taxes | 67/77 | €18,165 | €20,969 | +€2,805 | +15.4% |
| Profit (loss) for the period | 9904 | €71,356 | €82,633 | +€11,277 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,356 | €82,633 | +€11,277 | +15.8% |
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 17 October 2026 via checked.be.