COL INVEST: 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.
COL INVEST
Largest movements
- Receivables within one year -€91,214
down €91,214 (-77.5%), from €117,721 to €26,506
of which Trade receivables: -€91,925
- Tangible fixed assets -€62,479
down €62,479 (-43.8%), from €142,709 to €80,230
of which Other tangible fixed assets: -€61,426
- Cash -€18,824
down €18,824 (-13.4%), from €140,830 to €122,006
mainly Other debts (-€176,045) and Trade debts (-€84,940)
- Other debts -€176,045
down €176,045 (-48.3%), from €364,540 to €188,495
- Trade debts -€84,940
down €84,940 (-62.2%), from €136,613 to €51,673
- Tax, wage and social debts +€45,203
up €45,203 (+101%), from €44,703 to €89,906
of which Taxes: +€28,559
- Profit (loss) carried forward +€42,590
up €42,590 (+77.7%), from €54,808 to €97,398
- Gross operating margin -€208,895
down €208,895 (-32.0%), from €653,808 to €444,913
- Financial charges +€31,658
up €31,658 (+90,041%), from €35 to €31,694
- Staff costs +€13,729
up €13,729 (+6.8%), from €203,099 to €216,829
- Other operating charges -€12,866
down €12,866 (-14.0%), from €92,023 to €79,157
- Depreciation -€9,581
down €9,581 (-13.3%), from €72,060 to €62,479
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 | €605,663 | €432,471 | -€173,192 | -28.6% |
| Fixed assets | 21/28 | €342,709 | €280,230 | -€62,479 | -18.2% |
| Tangible fixed assets | 22/27 | €142,709 | €80,230 | -€62,479 | -43.8% |
| Plant, machinery and equipment | 23 | €2,398 | €1,897 | -€501 | -20.9% |
| Furniture and vehicles | 24 | €1,480 | €928 | -€552 | -37.3% |
| Other tangible fixed assets | 26 | €138,831 | €77,405 | -€61,426 | -44.2% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €262,954 | €152,241 | -€110,713 | -42.1% |
| Stocks and contracts in progress | 3 | €4,403 | €3,729 | -€674 | -15.3% |
| Stocks | 30/36 | €4,403 | €3,729 | -€674 | -15.3% |
| Amounts receivable within one year | 40/41 | €117,721 | €26,506 | -€91,214 | -77.5% |
| Trade receivables | 40 | €117,721 | €25,796 | -€91,925 | -78.1% |
| Other amounts receivable | 41 | - | €711 | +€711 | |
| Cash at bank and in hand | 54/58 | €140,830 | €122,006 | -€18,824 | -13.4% |
| Total equity and liabilities | 10/49 | €605,663 | €432,471 | -€173,192 | -28.6% |
| Equity | 10/15 | €59,808 | €102,398 | +€42,590 | +71.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,808 | €97,398 | +€42,590 | +77.7% |
| Amounts payable | 17/49 | €545,855 | €330,074 | -€215,781 | -39.5% |
| Amounts payable within one year | 42/48 | €545,855 | €330,074 | -€215,781 | -39.5% |
| Trade debts | 44 | €136,613 | €51,673 | -€84,940 | -62.2% |
| Suppliers | 440/4 | €136,613 | €51,673 | -€84,940 | -62.2% |
| Taxes, remuneration and social security | 45 | €44,703 | €89,906 | +€45,203 | +101% |
| Taxes | 450/3 | €31,112 | €59,671 | +€28,559 | +91.8% |
| Remuneration and social security | 454/9 | €13,591 | €30,235 | +€16,643 | +122% |
| Other amounts payable | 47/48 | €364,540 | €188,495 | -€176,045 | -48.3% |
| Remuneration, social security and pensions | 62 | €203,099 | €216,829 | +€13,729 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,060 | €62,479 | -€9,581 | -13.3% |
| Other operating charges | 640/8 | €92,023 | €79,157 | -€12,866 | -14.0% |
| Gross operating margin | 9900 | €653,808 | €444,913 | -€208,895 | -32.0% |
| Operating profit (loss) | 9901 | €286,626 | €86,449 | -€200,177 | -69.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -79.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -79.2% |
| Financial charges | 65/66B | €35 | €31,694 | +€31,658 | +90,041% |
| Recurring financial charges | 65 | €35 | €31,694 | +€31,658 | +90,041% |
| Profit (loss) for the period before taxes | 9903 | €286,591 | €54,755 | -€231,836 | -80.9% |
| Income taxes | 67/77 | €20,639 | €12,165 | -€8,474 | -41.1% |
| Profit (loss) for the period | 9904 | €265,952 | €42,590 | -€223,362 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €265,952 | €42,590 | -€223,362 | -84.0% |
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 1 November 2026 via checked.be.