KODITECH: what changed
Two fiscal 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.
KODITECH
Largest movements
- Cash +€57,273
up €57,273 (+60.8%), from €94,228 to €151,501
mainly Net result for the year (+€72,879) and Contributions, distributions and other (+€5,439)
- Receivables within one year +€15,605
up €15,605 (+96.7%), from €16,138 to €31,742
of which Trade receivables: +€12,949
- Tangible fixed assets -€2,839
down €2,839 (-34.7%), from €8,176 to €5,337
of which Furniture and vehicles: -€2,385
- Reserves +€78,318
up €78,318 (+88.3%), from €88,712 to €167,030
- Other debts -€5,391
down €5,391 (-22.7%), from €23,774 to €18,383
- Gross operating margin -€8,465
down €8,465 (-8.2%), from €102,657 to €94,192
- Taxes -€4,566
down €4,566 (-19.9%), from €22,936 to €18,370
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.
Cash bridge derived
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 | €121,252 | €191,362 | +€70,110 | +57.8% |
| Fixed assets | 21/28 | €8,176 | €5,337 | -€2,839 | -34.7% |
| Tangible fixed assets | 22/27 | €8,176 | €5,337 | -€2,839 | -34.7% |
| Plant, machinery and equipment | 23 | €2,017 | €1,562 | -€455 | -22.5% |
| Furniture and vehicles | 24 | €6,159 | €3,775 | -€2,385 | -38.7% |
| Current assets | 29/58 | €113,076 | €186,026 | +€72,949 | +64.5% |
| Amounts receivable within one year | 40/41 | €16,138 | €31,742 | +€15,605 | +96.7% |
| Trade receivables | 40 | €15,582 | €28,531 | +€12,949 | +83.1% |
| Other amounts receivable | 41 | €555 | €3,211 | +€2,656 | +478.5% |
| Cash at bank and in hand | 54/58 | €94,228 | €151,501 | +€57,273 | +60.8% |
| Deferred charges and accrued income | 490/1 | €2,711 | €2,782 | +€71 | +2.6% |
| Total equity and liabilities | 10/49 | €121,252 | €191,362 | +€70,110 | +57.8% |
| Equity | 10/15 | €91,212 | €169,530 | +€78,318 | +85.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €88,712 | €167,030 | +€78,318 | +88.3% |
| Distributable reserves | 133 | €88,712 | €167,030 | +€78,318 | +88.3% |
| Amounts payable | 17/49 | €30,040 | €21,832 | -€8,208 | -27.3% |
| Amounts payable within one year | 42/48 | €30,040 | €21,832 | -€8,208 | -27.3% |
| Trade debts | 44 | €4,255 | €2,828 | -€1,427 | -33.5% |
| Suppliers | 440/4 | €4,255 | €2,828 | -€1,427 | -33.5% |
| Taxes, remuneration and social security | 45 | €2,011 | €621 | -€1,390 | -69.1% |
| Taxes | 450/3 | - | €610 | +€610 | |
| Remuneration and social security | 454/9 | €2,011 | €11 | -€2,000 | -99.5% |
| Other amounts payable | 47/48 | €23,774 | €18,383 | -€5,391 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,030 | €2,839 | +€809 | +39.9% |
| Other operating charges | 640/8 | €608 | €173 | -€435 | -71.6% |
| Gross operating margin | 9900 | €102,657 | €94,192 | -€8,465 | -8.2% |
| Operating profit (loss) | 9901 | €100,019 | €91,180 | -€8,839 | -8.8% |
| Financial income | 75/76B | €162 | €175 | +€13 | +8.1% |
| Recurring financial income | 75 | €162 | €175 | +€13 | +8.1% |
| Financial charges | 65/66B | €103 | €106 | +€3 | +3.2% |
| Recurring financial charges | 65 | €103 | €106 | +€3 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €100,078 | €91,249 | -€8,829 | -8.8% |
| Income taxes | 67/77 | €22,936 | €18,370 | -€4,566 | -19.9% |
| Profit (loss) for the period | 9904 | €77,142 | €72,879 | -€4,263 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €77,142 | €72,879 | -€4,263 | -5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.