Law Is Code: 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.
Law Is Code
Largest movements
- Receivables within one year +€452,931
up €452,931 (+108111.0%), from €419 to €453,350
- Reserves +€660,000
up €660,000 (+417.6%), from €158,060 to €818,060
of which Distributable reserves: +€660,000
- Other debts -€167,064
down €167,064 (-3.9%), from €4.3m to €4.2m
- Gross operating margin +€401,504
up €401,504 (+119.7%), from €335,460 to €736,963
- Turnover +€315,511
up €315,511 (+87.5%), from €360,390 to €675,902
- Financial income +€109,546
up €109,546 (+24103.0%), from €454 to €110,000
- Purchases and services +€109,008
up €109,008 (+437.2%), from €24,931 to €133,938
- Financial charges +€82,685
up €82,685 (+68.9%), from €120,020 to €202,705
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 | €4,683,674 | €5,186,964 | +€503,290 | +10.7% |
| Fixed assets | 21/28 | €4,679,022 | €4,728,622 | +€49,600 | +1.1% |
| Financial fixed assets | 28 | €4,679,022 | €4,728,622 | +€49,600 | +1.1% |
| Current assets | 29/58 | €4,652 | €458,342 | +€453,690 | +9751.8% |
| Amounts receivable within one year | 40/41 | €419 | €453,350 | +€452,931 | +108111.0% |
| Trade receivables | 40 | €419 | €453,350 | +€452,931 | +108111.0% |
| Cash at bank and in hand | 54/58 | €4,233 | €4,992 | +€759 | +17.9% |
| Total equity and liabilities | 10/49 | €4,683,674 | €5,186,964 | +€503,290 | +10.7% |
| Equity | 10/15 | €237,803 | €881,308 | +€643,505 | +270.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €158,060 | €818,060 | +€660,000 | +417.6% |
| Non-distributable reserves | 130/1 | €8,060 | €8,060 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €810,000 | +€660,000 | +440.0% |
| Profit (loss) carried forward | 14 | €17,743 | €1,248 | -€16,495 | -93.0% |
| Amounts payable | 17/49 | €4,445,871 | €4,305,655 | -€140,215 | -3.2% |
| Amounts payable within one year | 42/48 | €4,445,871 | €4,305,655 | -€140,215 | -3.2% |
| Trade debts | 44 | €80,541 | €109,511 | +€28,971 | +36.0% |
| Suppliers | 440/4 | €80,541 | €109,511 | +€28,971 | +36.0% |
| Taxes, remuneration and social security | 45 | €39,943 | €37,821 | -€2,122 | -5.3% |
| Taxes | 450/3 | €39,943 | €37,821 | -€2,122 | -5.3% |
| Other amounts payable | 47/48 | €4,325,387 | €4,158,323 | -€167,064 | -3.9% |
| Turnover | 70 | €360,390 | €675,902 | +€315,511 | +87.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,931 | €133,938 | +€109,008 | +437.2% |
| Other operating charges | 640/8 | €918 | €753 | -€165 | -17.9% |
| Gross operating margin | 9900 | €335,460 | €736,963 | +€401,504 | +119.7% |
| Operating profit (loss) | 9901 | €334,542 | €736,210 | +€401,668 | +120.1% |
| Financial income | 75/76B | €454 | €110,000 | +€109,546 | +24103.0% |
| Recurring financial income | 75 | €454 | €110,000 | +€109,546 | +24103.0% |
| Financial charges | 65/66B | €120,020 | €202,705 | +€82,685 | +68.9% |
| Recurring financial charges | 65 | €120,020 | €202,705 | +€82,685 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €214,976 | €643,505 | +€428,529 | +199.3% |
| Profit (loss) for the period | 9904 | €214,976 | €643,505 | +€428,529 | +199.3% |
| Profit (loss) for the period to be appropriated | 9905 | €214,976 | €643,505 | +€428,529 | +199.3% |
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 3 October 2026 via checked.be.