COL-INVEST: what changed
COL-INVEST
Largest movements
- Stocks and contracts -€91,500
down €91,500 (-40.4%), from €226,500 to €135,000
- Receivables within one year +€68,181
up €68,181 (+370%), from €18,449 to €86,631
- Cash +€9,899
up €9,899 (+5,908%), from €168 to €10,066
mainly Stocks and contracts (+€91,500) and Net result for the year (+€37,142)
- Financial fixed assets -€6,252
no longer reported in 2025 (was €6,252)
- Other debts -€42,733
down €42,733 (-16.3%), from €262,021 to €219,287
- Profit (loss) carried forward +€37,142
up €37,142 (+22.6%), from -€164,342 to -€127,200
- Trade debts -€7,219
down €7,219 (-6.8%), from €106,763 to €99,544
- Tax, wage and social debts -€6,862
no longer reported in 2025 (was €6,862)
- Financial charges -€164,283
down €164,283 (-99.9%), from €164,418 to €136
- Gross operating margin +€26,230
up €26,230 (+76.7%), from €34,205 to €60,435
- Other operating charges +€6,895
up €6,895 (+42.4%), from €16,263 to €23,157
- Depreciation -€754
no longer reported in 2025 (was €754)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,369 | €231,697 | -€19,672 | -7.8% |
| Fixed assets | 21/28 | €6,252 | €0 | -€6,252 | -100% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €6,252 | - | -€6,252 | |
| Current assets | 29/58 | €245,117 | €231,697 | -€13,420 | -5.5% |
| Stocks and contracts in progress | 3 | €226,500 | €135,000 | -€91,500 | -40.4% |
| Stocks | 30/36 | €226,500 | €135,000 | -€91,500 | -40.4% |
| Amounts receivable within one year | 40/41 | €18,449 | €86,631 | +€68,181 | +370% |
| Trade receivables | 40 | €18,449 | €86,631 | +€68,181 | +370% |
| Cash at bank and in hand | 54/58 | €168 | €10,066 | +€9,899 | +5,908% |
| Total equity and liabilities | 10/49 | €251,369 | €231,697 | -€19,672 | -7.8% |
| Equity | 10/15 | -€124,277 | -€87,135 | +€37,142 | +29.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €21,473 | €21,473 | = | 0.0% |
| Distributable reserves | 133 | €21,473 | €21,473 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,342 | -€127,200 | +€37,142 | +22.6% |
| Amounts payable | 17/49 | €375,646 | €318,832 | -€56,814 | -15.1% |
| Amounts payable within one year | 42/48 | €375,646 | €318,832 | -€56,814 | -15.1% |
| Trade debts | 44 | €106,763 | €99,544 | -€7,219 | -6.8% |
| Suppliers | 440/4 | €106,763 | €99,544 | -€7,219 | -6.8% |
| Taxes, remuneration and social security | 45 | €6,862 | - | -€6,862 | |
| Taxes | 450/3 | €6,862 | - | -€6,862 | |
| Other amounts payable | 47/48 | €262,021 | €219,287 | -€42,733 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €754 | - | -€754 | |
| Other operating charges | 640/8 | €16,263 | €23,157 | +€6,895 | +42.4% |
| Gross operating margin | 9900 | €34,205 | €60,435 | +€26,230 | +76.7% |
| Operating profit (loss) | 9901 | €17,188 | €37,278 | +€20,089 | +117% |
| Financial charges | 65/66B | €164,418 | €136 | -€164,283 | -99.9% |
| Recurring financial charges | 65 | €164,418 | €136 | -€164,283 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€147,230 | €37,142 | +€184,372 | |
| Profit (loss) for the period | 9904 | -€147,230 | €37,142 | +€184,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€147,230 | €37,142 | +€184,372 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.