COLBARNIE
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 28-04-2026 PDF all 9 filings
Turnover
≈ €460,000
Estimated: probably between €220,000 and €710,000
Total assets
€2.0m▼ 0.6%
2024 · €2.1m
Net result
€19,857▼ 71.1%
2024 · €68,819
Working capital
-€703,599▲ 1.1%
2024 · -€711,102
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€37,495
▲ 46.0%
2025
20192025
Net result
€19,857
▼ 71.1%
2025
middle half of the sector
20192025
Equity
€735,084
▲ 2.8%
2025
highest quarter of the sector
20192025
Total assets
€2.0m
▼ 0.6%
2025
highest quarter of the sector
20192025
Debt
€1.3m
▼ 2.4%
2025
20192025
Working capital
-€703,599
▲ 1.1%
2025
lowest quarter of the sector
20192025
Solvency
35.9%
▲ 1.2pp
2025
middle half of the sector
20192025
Current ratio
0.31
=
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
1.0%
▼ 2.4pp
2025
middle half of the sector
20192025
Staff (FTE)
0
2025
lowest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.01m-€0.03m▲ 147%-€0.02m€0.08m-€0.04m€0.03m€0.04m▲ 46.0%
Net result€0.01m-€0.02mwithin the sector's middle half▲ 13.4%-€0.03mbelow the sector's middle half€0.06mwithin the sector's middle half-€0.06mbelow the sector's middle half€0.07mwithin the sector's middle half€0.02mwithin the sector's middle half▼ 71.1%
Equity€1.5m-€1.5mabove the sector's middle half▲ 1.1%€1.4mabove the sector's middle half▼ 1.9%€1.5mabove the sector's middle half▲ 4.1%€1.5mabove the sector's middle half▼ 3.9%€0.7mwithin the sector's middle half▼ 50.7%€0.7mabove the sector's middle half▲ 2.8%
Total assets€1.5m-€1.7mabove the sector's middle half▲ 13.0%€1.8mabove the sector's middle half▲ 2.9%€2.1mabove the sector's middle half▲ 19.8%€2.0mabove the sector's middle half▼ 3.7%€2.1mabove the sector's middle half▲ 1.8%€2.0mabove the sector's middle half▼ 0.6%
Debt€0.05m-€0.2m▲ 387%€0.3m▲ 34.2%€0.6m▲ 95.0%€0.6m▼ 3.2%€1.3m▲ 135%€1.3m▼ 2.4%
Working capital-€0.02m--€0.06mbelow the sector's middle half▼ 255%-€0.07mbelow the sector's middle half▼ 15.0%-€0.1mbelow the sector's middle half▼ 108%-€0.2mbelow the sector's middle half▼ 23.3%-€0.7mbelow the sector's middle half▼ 320%-€0.7mbelow the sector's middle half▲ 1.1%
Solvency96.9%-86.7%above the sector's middle half▼ 10.2pp82.7%above the sector's middle half▼ 4.0pp71.9%above the sector's middle half▼ 10.8pp71.7%above the sector's middle half▼ 0.2pp34.8%within the sector's middle half▼ 37.0pp35.9%within the sector's middle half▲ 1.2pp
Current ratio0.65-0.32below the sector's middle half▼ 0.330.39below the sector's middle half▲ 0.070.41below the sector's middle half▲ 0.020.29below the sector's middle half▼ 0.120.31below the sector's middle half▲ 0.020.31below the sector's middle half=
Return on assets (ROA)1.0%-1.0%within the sector's middle half=-1.6%below the sector's middle half▼ 2.5pp2.8%within the sector's middle half▲ 4.4pp-2.9%below the sector's middle half▼ 5.8pp3.3%within the sector's middle half▲ 6.3pp1.0%within the sector's middle half▼ 2.4pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 46% higher than in 2024. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.7m ▼ 0.7%
Current assets
€321,793 =
Equity and liabilities €2.0m
Equity
€735,084 ▲ 2.8%
Debt
€1.3m ▼ 2.4%
Debt's share of the balance-sheet total falls from 65.2% to 64.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57,988▲
2024 · €46,182
Cash flow
€40,350▼
2024 · €89,311
Debt to equity
1.78▼
2024 · 1.88
ROE
2.7%▼
2024 · 9.6%
Interest coverage
3.00▲
2024 · 2.03
Debt ≤ 1 year
€1.0m▼
2024 · €1.0m
Debt > 1 year
€283,552▼
2024 · €308,430
Income taxes
€2,197▼
2024 · €7,087
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €208,498 | €380,027 | - | - | - |
| Mortgages, amount registered | €27,500 | €27,500 | €27,500 | €27,500 | €27,500 |
| Mortgage mandates | - | €220,000 | €220,000 | €220,000 | €220,000 |
| Carrying value of the mortgaged assets | €234,975 | €324,226 | €504,970 | €484,477 | €463,984 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €312,180 | €321,526 | €243,476 | - | - |
| Financial fixed assets | - | - | - | - | €8,000 |
| Depreciation and write-downs of the year | €66,710 | €27,813 | €62,732 | €20,493 | €20,493 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €11,967 | €0 | - | - | €9,839 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,363 | €337 | €66,710 | €27,813 | €62,732 | €20,493 | €20,493 | = |
| Other operating charges640/8 | - | - | €884 | €604 | €1,229 | €1,303 | €1,726 | ▲ 32.4% |
| Non-recurring operating charges66A | - | - | - | - | - | €4,983 | €0 | ▼ 100% |
| Gross operating margin9900 | €23,061 | €28,849 | €47,281 | €108,278 | €24,657 | €52,467 | €59,714 | ▲ 13.8% |
| Operating profit (loss)9901 | €11,301 | €27,960 | -€20,313 | €79,860 | -€39,304 | €25,689 | €37,495 | ▲ 46.0% |
| Financial income75/76B | - | - | €44 | €324 | €55 | €72,935 | €3,915 | ▼ 94.6% |
| Recurring financial income75 | €7,500 | €37 | €44 | €324 | €55 | €5,184 | €3,915 | ▼ 24.5% |
| Non-recurring financial income76B | - | - | - | - | - | €67,752 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | €6,414 | €7,530 | €19,451 | €22,718 | €19,357 | ▼ 14.8% |
| Recurring financial charges65 | €1,494 | €4,436 | €6,414 | €7,530 | €19,451 | €22,718 | €19,357 | ▼ 14.8% |
| Profit (loss) for the period before taxes9903 | €17,307 | €23,560 | -€26,683 | €72,654 | -€58,700 | €75,906 | €22,054 | ▼ 70.9% |
| Income taxes67/77 | €2,979 | €7,317 | €673 | €12,974 | €220 | €7,087 | €2,197 | ▼ 69.0% |
| Profit (loss) for the period9904 | €14,328 | €16,243 | -€27,356 | €59,681 | -€58,919 | €68,819 | €19,857 | ▼ 71.1% |
| Profit (loss) for the period to be appropriated9905 | €14,261 | €16,176 | -€27,356 | €59,681 | -€58,919 | €68,819 | €19,857 | ▼ 71.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.5m | €1.7m | €1.8m | €2.1m | €2.0m | €2.1m | €2.0m | ▼ 0.6% |
| Fixed assets21/28 | €1.5m | €1.7m | €1.7m | €2.0m | €2.0m | €1.7m | €1.7m | ▼ 0.7% |
| Tangible fixed assets22/27 | €0.04m | €0.2m | €0.3m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 4.2% |
| Land and buildings22 | - | - | €0.3m | €0.3m | €0.5m | €0.5m | €0.5m | ▼ 4.2% |
| Other tangible fixed assets26 | - | - | €0.01m | €0.01m | €0.01m | €0 | - | - |
| Assets under construction and advance payments27 | - | - | - | €0.2m | €0 | - | - | - |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | €1.3m | ▲ 0.6% |
| Current assets29/58 | €0.03m | €0.03m | €0.04m | €0.1m | €0.07m | €0.3m | €0.3m | = |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.03m | €0.07m | ▲ 163% |
| Other amounts receivable291 | - | - | - | - | - | €0.03m | €0.07m | ▲ 163% |
| Stocks and contracts in progress3 | €0.01m | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.008m | €0.008m | €0.008m | €0.06m | €0.04m | €0.04m | €0.01m | ▼ 77.3% |
| Trade receivables40 | - | - | €0.007m | €0.05m | €0.03m | €0.03m | €0.01m | ▼ 71.1% |
| Other amounts receivable41 | - | - | €0.001m | €0.01m | €0.005m | €0.01m | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | - | - | €0.2m | €0.2m | ▼ 25.0% |
| Cash at bank and in hand54/58 | €0.006m | €0.02m | €0.03m | €0.03m | €0.03m | €0.05m | €0.09m | ▲ 87.4% |
| Deferred charges and accrued income490/1 | - | - | €0.002m | €0.003m | €0.001m | €0.002m | €0.002m | ▼ 7.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.5m | €1.7m | €1.8m | €2.1m | €2.0m | €2.1m | €2.0m | ▼ 0.6% |
| Equity10/15 | €1.5m | €1.5m | €1.4m | €1.5m | €1.5m | €0.7m | €0.7m | ▲ 2.8% |
| Contributions10/11 | €1.4m | - | €1.4m | €1.4m | €1.4m | €0.6m | €0.6m | = |
| Reserves13 | €0.02m | €0.03m | €0.006m | €0.07m | €0.007m | €0.07m | €0.09m | ▲ 27.5% |
| Non-distributable reserves130/1 | - | - | €0.001m | €0.001m | €0.001m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | €0.001m | €0.001m | €0.001m | €0 | - | - |
| Tax-exempt reserves132 | - | - | €337 | €337 | €337 | €337 | €337 | = |
| Distributable reserves133 | - | - | €0.005m | €0.06m | €0.006m | €0.07m | €0.09m | ▲ 27.6% |
| Profit (loss) carried forward14 | - | - | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €0.05m | €0.2m | €0.3m | €0.6m | €0.6m | €1.3m | €1.3m | ▼ 2.4% |
| Amounts payable after more than one year17 | - | €0.1m | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 8.1% |
| Financial debts170/4 | - | - | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 8.1% |
| Amounts payable within one year42/48 | €0.05m | €0.08m | €0.1m | €0.2m | €0.2m | €1.0m | €1.0m | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 2.1% |
| Financial debts43 | - | - | €1 | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | €1 | €0 | - | - | - | - |
| Trade debts44 | €0.03m | €0.04m | €0.001m | €0 | €0.001m | €0.001m | €0.003m | ▲ 151% |
| Suppliers440/4 | - | - | €0.001m | €0 | €0.001m | €0.001m | €0.003m | ▲ 151% |
| Taxes, remuneration and social security45 | - | - | €0.004m | €0.003m | €0.003m | €0.007m | €0.01m | ▲ 67.0% |
| Taxes450/3 | - | - | €0.004m | €0.003m | €0.003m | €0.007m | €0.01m | ▲ 67.0% |
| Other amounts payable47/48 | - | - | €0.09m | €0.2m | €0.2m | €1.0m | €1.0m | ▼ 1.4% |
| Accrued charges and deferred income492/3 | - | - | €51 | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 3.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,328 | €16,243 | -€27,356 | €59,681 | -€58,919 | €68,819 | €19,857 | ▼ 71.1% |
| + Depreciation and write-downs630 | €11,363 | €337 | €66,710 | €27,813 | €62,732 | €20,493 | €20,493 | = |
| Operating cash flow (approximation) | €25,691 | €16,580 | €39,354 | €87,494 | €3,813 | €89,311 | €40,350 | ▼ 54.8% |
| Investment in fixed assets (approximation) | - | -€199,074 | -€101,695 | -€321,526 | -€11,962 | €197,150 | -€8,000 | - |
| Change in cash | - | €11,500 | €14,341 | -€451 | -€849 | €19,083 | €43,298 | ▲ 127% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 28-04-2026 | 2026-00098666 | |
| 30-09-2024 | abbreviated format | 25-04-2025 | 2025-00078339 | |
| 30-09-2023 | abbreviated format | 30-04-2024 | 2024-00084029 | |
| 30-09-2022 | abbreviated format | 18-04-2023 | 2023-00062184 | |
| 30-09-2021 | abbreviated format | 26-04-2022 | 2022-20008710 | |
| 30-09-2020 | abbreviated format | 27-04-2021 | 2021-11500391 | |
| 30-09-2019 | abbreviated format | 28-04-2020 | 2020-10300047 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11400499 | |
| 30-09-2017 | abbreviated format | 27-04-2018 | 2018-11000403 |