Codly: 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.
Codly
Largest movements
- Cash +€4,012
up €4,012 (+33.7%), from €11,892 to €15,904
mainly Net result for the year (+€33,632) and Depreciation (+€1,781)
- Tangible fixed assets +€2,969
up €2,969 (+49.1%), from €6,048 to €9,017
of which Plant, machinery and equipment: +€3,795
- Profit (loss) carried forward +€33,632
up €33,632 (+27.0%), from -€124,721 to -€91,089
- Other debts -€24,916
down €24,916 (-21.0%), from €118,685 to €93,769
- Trade debts -€3,489
down €3,489 (-43.8%), from €7,974 to €4,485
- Tax, wage and social debts +€1,315
up €1,315 (+12.1%), from €10,857 to €12,172
of which Taxes: +€1,283
- Gross operating margin +€19,439
up €19,439 (+63.1%), from €30,785 to €50,224
- Taxes +€5,542
up €5,542 (+124%), from €4,482 to €10,023
- Financial charges +€1,673
up €1,673 (+123%), from €1,363 to €3,036
- Depreciation +€876
up €876 (+96.8%), from €905 to €1,781
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 | €32,044 | €38,705 | +€6,661 | +20.8% |
| Fixed assets | 21/28 | €6,048 | €9,017 | +€2,969 | +49.1% |
| Tangible fixed assets | 22/27 | €6,048 | €9,017 | +€2,969 | +49.1% |
| Plant, machinery and equipment | 23 | €3,890 | €7,686 | +€3,795 | +97.5% |
| Furniture and vehicles | 24 | €2,157 | €1,331 | -€826 | -38.3% |
| Current assets | 29/58 | €25,996 | €29,689 | +€3,692 | +14.2% |
| Amounts receivable within one year | 40/41 | €11,479 | €11,400 | -€79 | -0.7% |
| Trade receivables | 40 | €10,961 | €10,877 | -€84 | -0.8% |
| Other amounts receivable | 41 | €518 | €524 | +€5 | +1.0% |
| Cash at bank and in hand | 54/58 | €11,892 | €15,904 | +€4,012 | +33.7% |
| Deferred charges and accrued income | 490/1 | €2,625 | €2,384 | -€240 | -9.2% |
| Total equity and liabilities | 10/49 | €32,044 | €38,705 | +€6,661 | +20.8% |
| Equity | 10/15 | -€106,129 | -€72,497 | +€33,632 | +31.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,721 | -€91,089 | +€33,632 | +27.0% |
| Amounts payable | 17/49 | €138,173 | €111,202 | -€26,971 | -19.5% |
| Amounts payable within one year | 42/48 | €138,173 | €111,202 | -€26,971 | -19.5% |
| Financial debts | 43 | €657 | €776 | +€119 | +18.1% |
| Credit institutions | 430/8 | - | €205 | +€205 | |
| Other loans | 439 | €657 | €570 | -€86 | -13.2% |
| Trade debts | 44 | €7,974 | €4,485 | -€3,489 | -43.8% |
| Suppliers | 440/4 | €7,974 | €4,485 | -€3,489 | -43.8% |
| Taxes, remuneration and social security | 45 | €10,857 | €12,172 | +€1,315 | +12.1% |
| Taxes | 450/3 | €7,814 | €9,097 | +€1,283 | +16.4% |
| Remuneration and social security | 454/9 | €3,043 | €3,075 | +€32 | +1.1% |
| Other amounts payable | 47/48 | €118,685 | €93,769 | -€24,916 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €905 | €1,781 | +€876 | +96.8% |
| Other operating charges | 640/8 | €1,522 | €1,756 | +€234 | +15.4% |
| Non-recurring operating charges | 66A | €10,541 | €0 | -€10,541 | -100% |
| Gross operating margin | 9900 | €30,785 | €50,224 | +€19,439 | +63.1% |
| Operating profit (loss) | 9901 | €17,817 | €46,686 | +€28,870 | +162% |
| Financial income | 75/76B | €5 | €5 | = | 0.0% |
| Recurring financial income | 75 | €5 | €5 | = | 0.0% |
| Financial charges | 65/66B | €1,363 | €3,036 | +€1,673 | +123% |
| Recurring financial charges | 65 | €1,363 | €3,036 | +€1,673 | +123% |
| Profit (loss) for the period before taxes | 9903 | €16,459 | €43,655 | +€27,197 | +165% |
| Income taxes | 67/77 | €4,482 | €10,023 | +€5,542 | +124% |
| Profit (loss) for the period | 9904 | €11,977 | €33,632 | +€21,655 | +181% |
| Profit (loss) for the period to be appropriated | 9905 | €11,977 | €33,632 | +€21,655 | +181% |
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 13 October 2026 via checked.be.