Rijschool Codrive: 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.
Rijschool Codrive
Largest movements
- Cash +€54,877
up €54,877 (+24.1%), from €227,367 to €282,244
mainly Net result for the year (+€45,682) and Depreciation (+€10,489)
- Intangible fixed assets -€8,125
down €8,125 (-41.5%), from €19,560 to €11,435
- Profit (loss) carried forward +€45,682
up €45,682 (+30.2%), from €151,345 to €197,027
- Trade debts -€9,483
down €9,483 (-11.3%), from €83,556 to €74,073
- Tax, wage and social debts +€7,732
up €7,732 (+132%), from €5,861 to €13,593
- Short-term financial debts -€6,308
down €6,308 (-78.9%), from €8,000 to €1,692
- Accrued charges and deferred income +€4,002
new in 2025: €4,002
- Gross operating margin +€12,653
up €12,653 (+19.5%), from €64,871 to €77,524
- Taxes +€7,246
up €7,246 (+74.9%), from €9,674 to €16,919
- Staff costs -€5,736
no longer reported in 2025 (was €5,736)
- Other operating charges -€2,180
down €2,180 (-34.3%), from €6,354 to €4,174
- Financial charges -€2,081
down €2,081 (-75.3%), from €2,763 to €682
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 | €261,103 | €302,578 | +€41,475 | +15.9% |
| Fixed assets | 21/28 | €27,837 | €17,349 | -€10,489 | -37.7% |
| Intangible fixed assets | 21 | €19,560 | €11,435 | -€8,125 | -41.5% |
| Tangible fixed assets | 22/27 | €6,102 | €3,739 | -€2,363 | -38.7% |
| Plant, machinery and equipment | 23 | €2,077 | €1,327 | -€750 | -36.1% |
| Furniture and vehicles | 24 | €4,026 | €2,413 | -€1,613 | -40.1% |
| Financial fixed assets | 28 | €2,175 | €2,175 | = | 0.0% |
| Current assets | 29/58 | €233,265 | €285,229 | +€51,964 | +22.3% |
| Stocks and contracts in progress | 3 | €170 | €170 | = | 0.0% |
| Stocks | 30/36 | €170 | €170 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,907 | €2,165 | -€2,742 | -55.9% |
| Trade receivables | 40 | - | €993 | +€993 | |
| Other amounts receivable | 41 | €4,907 | €1,172 | -€3,735 | -76.1% |
| Cash at bank and in hand | 54/58 | €227,367 | €282,244 | +€54,877 | +24.1% |
| Deferred charges and accrued income | 490/1 | €820 | €649 | -€171 | -20.9% |
| Total equity and liabilities | 10/49 | €261,103 | €302,578 | +€41,475 | +15.9% |
| Equity | 10/15 | €156,345 | €202,027 | +€45,682 | +29.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,345 | €197,027 | +€45,682 | +30.2% |
| Amounts payable | 17/49 | €104,758 | €100,551 | -€4,207 | -4.0% |
| Amounts payable within one year | 42/48 | €104,758 | €96,549 | -€8,209 | -7.8% |
| Financial debts | 43 | €8,000 | €1,692 | -€6,308 | -78.9% |
| Credit institutions | 430/8 | €8,000 | €1,692 | -€6,308 | -78.9% |
| Trade debts | 44 | €83,556 | €74,073 | -€9,483 | -11.3% |
| Suppliers | 440/4 | €83,556 | €74,073 | -€9,483 | -11.3% |
| Taxes, remuneration and social security | 45 | €5,861 | €13,593 | +€7,732 | +132% |
| Taxes | 450/3 | €5,861 | €13,593 | +€7,732 | +132% |
| Other amounts payable | 47/48 | €7,340 | €7,191 | -€150 | -2.0% |
| Accrued charges and deferred income | 492/3 | - | €4,002 | +€4,002 | |
| Remuneration, social security and pensions | 62 | €5,736 | - | -€5,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,171 | €10,489 | -€1,683 | -13.8% |
| Other operating charges | 640/8 | €6,354 | €4,174 | -€2,180 | -34.3% |
| Gross operating margin | 9900 | €64,871 | €77,524 | +€12,653 | +19.5% |
| Operating profit (loss) | 9901 | €40,610 | €62,861 | +€22,251 | +54.8% |
| Financial income | 75/76B | €2 | €422 | +€420 | +21,872% |
| Recurring financial income | 75 | €2 | €422 | +€420 | +21,872% |
| Financial charges | 65/66B | €2,763 | €682 | -€2,081 | -75.3% |
| Recurring financial charges | 65 | €2,763 | €682 | -€2,081 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €37,849 | €62,601 | +€24,752 | +65.4% |
| Income taxes | 67/77 | €9,674 | €16,919 | +€7,246 | +74.9% |
| Profit (loss) for the period | 9904 | €28,175 | €45,682 | +€17,506 | +62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,175 | €45,682 | +€17,506 | +62.1% |
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 27 October 2026 via checked.be.