SOCIETE FINANCIERE CODIC: 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.
SOCIETE FINANCIERE CODIC
Largest movements
- Cash -€17,454
down €17,454 (-83.3%), from €20,953 to €3,499
mainly Receivables within one year (-€10,999) and Net result for the year (-€6,366)
- Receivables within one year +€10,999
up €10,999 (+1.9%), from €590,557 to €601,556
No liability line moved by more than 1% of the balance sheet total.
- Services and other goods -€17,343
no longer reported in 2024 (was €17,343)
- Gross operating margin -€16,090
new in 2024: -€16,090
- Financial income -€14,000
down €14,000 (-56.0%), from €25,000 to €11,000
- Taxes -€7,500
no longer reported in 2024 (was €7,500)
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 | €654,731 | €648,276 | -€6,455 | -1.0% |
| Fixed assets | 21/28 | €42,495 | €42,495 | +€0 | 0.0% |
| Financial fixed assets | 28 | €42,495 | €42,495 | +€0 | 0.0% |
| Affiliated companies | 280/1 | €42,495 | - | -€42,495 | |
| Participating interests | 280 | €42,495 | - | -€42,495 | |
| Current assets | 29/58 | €612,236 | €605,781 | -€6,455 | -1.1% |
| Amounts receivable within one year | 40/41 | €590,557 | €601,556 | +€10,999 | +1.9% |
| Other amounts receivable | 41 | €590,557 | €601,556 | +€10,999 | +1.9% |
| Cash at bank and in hand | 54/58 | €20,953 | €3,499 | -€17,454 | -83.3% |
| Deferred charges and accrued income | 490/1 | €726 | €726 | = | 0.0% |
| Total equity and liabilities | 10/49 | €654,731 | €648,276 | -€6,455 | -1.0% |
| Equity | 10/15 | €648,181 | €641,816 | -€6,365 | -1.0% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €579,981 | €573,616 | -€6,365 | -1.1% |
| Amounts payable | 17/49 | €6,550 | €6,460 | -€90 | -1.4% |
| Amounts payable within one year | 42/48 | €6,550 | €6,460 | -€90 | -1.4% |
| Trade debts | 44 | €6,550 | €6,460 | -€90 | -1.4% |
| Suppliers | 440/4 | €6,550 | €6,460 | -€90 | -1.4% |
| Operating charges | 60/66A | €17,691 | - | -€17,691 | |
| Services and other goods | 61 | €17,343 | - | -€17,343 | |
| Other operating charges | 640/8 | €348 | €397 | +€50 | +14.2% |
| Gross operating margin | 9900 | - | -€16,090 | -€16,090 | |
| Operating profit (loss) | 9901 | -€17,691 | -€16,487 | +€1,204 | +6.8% |
| Financial income | 75/76B | €25,000 | €11,000 | -€14,000 | -56.0% |
| Recurring financial income | 75 | €25,000 | €11,000 | -€14,000 | -56.0% |
| Income from financial fixed assets | 750 | €25,000 | - | -€25,000 | |
| Financial charges | 65/66B | €832 | €879 | +€47 | +5.7% |
| Recurring financial charges | 65 | €832 | €879 | +€47 | +5.7% |
| Other financial charges | 652/9 | €832 | - | -€832 | |
| Profit (loss) for the period before taxes | 9903 | €6,477 | -€6,366 | -€12,843 | |
| Income taxes | 67/77 | €7,500 | - | -€7,500 | |
| Taxes | 670/3 | €7,500 | - | -€7,500 | |
| Profit (loss) for the period | 9904 | -€1,023 | -€6,366 | -€5,343 | -522% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,023 | -€6,366 | -€5,343 | -522% |
Source: filed annual accounts (NBB), financial years ended 30 April 2023 and 30 April 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.