Comment by Joker_vD

> probably code it thinks is unreachable.

Or dead assignments. I've seen it with HexRays: if you don't tell it that e.g. var_16 is actually 32 bytes long, not 4, it will completely ignore any code that reads/writes stack between var_16 + 4 and var_48 (which is at var_16 + 32). It's quite an amusing sight to see: you have an 8 lines-long decompiled function from 300 lines of assembly, you edit a variable's annotation, boom, the decompiled function is now 40 lines long, with all kinds of interesting computations in its body.