Colac: 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.
What changed
Colac
NACE 10.520, Manufacture of food products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4.2m
2024 · €3.6m+€633,879
Equity
€16.2m
2024 · €12.6m+€3.6m
Cash
€341,679
2024 · €854,907-€513,228
Balance sheet total
€22.2m
2024 · €18.8m+€3.4m
Largest movements
Assets
- Current investments +€2.5m
up €2.5m (+41.7%), from €6.0m to €8.5m
- Tangible fixed assets +€644,581
up €644,581 (+8.4%), from €7.6m to €8.3m
of which Plant, machinery and equipment: +€557,852
- Cash -€513,228
down €513,228 (-60.0%), from €854,907 to €341,679
mainly Current investments (-€2.5m) and Investment in fixed assets (net) (-€1.9m)
- Stocks and contracts +€368,199
up €368,199 (+15.5%), from €2.4m to €2.7m
- Receivables within one year +€346,923
up €346,923 (+18.1%), from €1.9m to €2.3m
of which Trade receivables: +€369,292
Equity and liabilities
- Reserves +€3.6m
up €3.6m (+29.1%), from €12.4m to €16.0m
of which Distributable reserves: +€3.6m
- Trade debts +€689,773
up €689,773 (+48.2%), from €1.4m to €2.1m
- Debts after one year -€379,308
down €379,308 (-15.2%), from €2.5m to €2.1m
- Other debts -€350,000
down €350,000 (-26.9%), from €1.3m to €950,000
Income statement
- Turnover +€2.7m
up €2.7m (+9.6%), from €27.8m to €30.5m
- Goods and materials +€998,564
up €998,564 (+7.1%), from €14.0m to €15.0m
of which Purchases: +€1.1m
- Staff costs +€692,975
up €692,975 (+15.4%), from €4.5m to €5.2m
- Services and other goods +€450,602
up €450,602 (+12.8%), from €3.5m to €4.0m
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.
Result 2024
€3.6m
Turnover
+€2.7m
Other operating income
-€25,598
Goods and materials
-€998,564
Services and other goods
-€450,602
Staff costs
-€692,975
Depreciation
+€233,523
Write-downs
-€43,741
Other operating charges
+€64,718
Other operating items
+€87,640
Financial income
-€91,672
Financial charges
+€44,305
Taxes
-€157,624
Result 2025
€4.2m
Cash bridge derived
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.
From operations
+€4.9m
Investment
-€4.4m
Financing
-€1.0m
Cash 2024
€854,907
From operations (derived)
+€4.9m
Net result for the year
+€4.2m
Depreciation
+€1.3m
Stocks and contracts
-€368,199
Receivables within one year
-€346,923
Deferred charges and accrued income
-€66,869
Provisions
-€13,675
Trade debts
+€689,773
Tax, wage and social debts
-€57,020
Other debts
-€350,000
Accrued charges and deferred income
-€48,836
Investment (derived)
-€4.4m
Investment in fixed assets (net)
-€1.9m
Current investments
-€2.5m
Financing
-€1.0m
Debts after one year
-€379,308
Contributions, distributions and other
-€625,087
Cash 2025
€341,679
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,822,095 | €22,234,391 | +€3.4m | +18.1% |
| Fixed assets | 21/28 | €7,648,940 | €8,292,473 | +€643,533 | +8.4% |
| Intangible fixed assets | 21 | €1,658 | €610 | -€1,048 | -63.2% |
| Tangible fixed assets | 22/27 | €7,642,147 | €8,286,728 | +€644,581 | +8.4% |
| Land and buildings | 22 | €3,905,921 | €3,766,205 | -€139,716 | -3.6% |
| Plant, machinery and equipment | 23 | €3,493,520 | €4,051,372 | +€557,852 | +16.0% |
| Furniture and vehicles | 24 | €242,706 | €469,151 | +€226,446 | +93.3% |
| Financial fixed assets | 28 | €5,135 | €5,135 | = | 0.0% |
| Affiliated companies | 280/1 | €0 | - | = | |
| Amounts receivable | 281 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €5,135 | €5,135 | = | 0.0% |
| Shares | 284 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,635 | €2,635 | = | 0.0% |
| Current assets | 29/58 | €11,173,155 | €13,941,918 | +€2.8m | +24.8% |
| Stocks and contracts in progress | 3 | €2,375,386 | €2,743,585 | +€368,199 | +15.5% |
| Stocks | 30/36 | €2,375,386 | €2,743,585 | +€368,199 | +15.5% |
| Raw materials and consumables | 30/31 | €2,033,396 | €2,265,477 | +€232,081 | +11.4% |
| Finished goods | 33 | €341,990 | €478,109 | +€136,119 | +39.8% |
| Amounts receivable within one year | 40/41 | €1,912,625 | €2,259,548 | +€346,923 | +18.1% |
| Trade receivables | 40 | €1,670,159 | €2,039,451 | +€369,292 | +22.1% |
| Other amounts receivable | 41 | €242,467 | €220,097 | -€22,369 | -9.2% |
| Current investments | 50/53 | €6,000,000 | €8,500,000 | +€2.5m | +41.7% |
| Other investments | 51/53 | €6,000,000 | €8,500,000 | +€2.5m | +41.7% |
| Cash at bank and in hand | 54/58 | €854,907 | €341,679 | -€513,228 | -60.0% |
| Deferred charges and accrued income | 490/1 | €30,237 | €97,105 | +€66,869 | +221.1% |
| Total equity and liabilities | 10/49 | €18,822,095 | €22,234,391 | +€3.4m | +18.1% |
| Equity | 10/15 | €12,596,618 | €16,167,979 | +€3.6m | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,353,753 | €15,950,201 | +€3.6m | +29.1% |
| Tax-exempt reserves | 132 | €307,017 | €265,992 | -€41,024 | -13.4% |
| Distributable reserves | 133 | €12,046,736 | €15,684,209 | +€3.6m | +30.2% |
| Investment grants | 15 | €224,265 | €199,178 | -€25,087 | -11.2% |
| Provisions and deferred taxes | 16 | €102,339 | €88,664 | -€13,675 | -13.4% |
| Deferred taxes | 168 | €102,339 | €88,664 | -€13,675 | -13.4% |
| Amounts payable | 17/49 | €6,123,138 | €5,977,748 | -€145,391 | -2.4% |
| Amounts payable after more than one year | 17 | €2,497,145 | €2,117,837 | -€379,308 | -15.2% |
| Financial debts | 170/4 | €2,497,145 | €2,117,837 | -€379,308 | -15.2% |
| Credit institutions | 173 | €2,497,145 | €2,117,837 | -€379,308 | -15.2% |
| Amounts payable within one year | 42/48 | €3,577,157 | €3,859,911 | +€282,754 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €347,699 | €347,699 | = | 0.0% |
| Trade debts | 44 | €1,431,514 | €2,121,288 | +€689,773 | +48.2% |
| Suppliers | 440/4 | €1,431,514 | €2,121,288 | +€689,773 | +48.2% |
| Taxes, remuneration and social security | 45 | €497,944 | €440,924 | -€57,020 | -11.5% |
| Taxes | 450/3 | €7,583 | €2,713 | -€4,871 | -64.2% |
| Remuneration and social security | 454/9 | €490,361 | €438,212 | -€52,149 | -10.6% |
| Other amounts payable | 47/48 | €1,300,000 | €950,000 | -€350,000 | -26.9% |
| Accrued charges and deferred income | 492/3 | €48,836 | €0 | -€48,836 | -100.0% |
| Operating income | 70/76A | €28,066,293 | €30,792,805 | +€2.7m | +9.7% |
| Turnover | 70 | €27,808,102 | €30,472,571 | +€2.7m | +9.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €73,288 | €136,119 | +€62,830 | +85.7% |
| Other operating income | 74 | €184,903 | €159,305 | -€25,598 | -13.8% |
| Non-recurring operating income | 76A | €0 | €24,809 | +€24,809 | |
| Operating charges | 60/66A | €23,641,807 | €25,529,448 | +€1.9m | +8.0% |
| Goods for resale, raw materials and consumables | 60 | €14,047,206 | €15,045,770 | +€998,564 | +7.1% |
| Purchases | 600/8 | €14,159,450 | €15,277,851 | +€1.1m | +7.9% |
| Change in stocks: decrease (increase) | 609 | -€112,244 | -€232,081 | -€119,837 | -106.8% |
| Services and other goods | 61 | €3,511,601 | €3,962,203 | +€450,602 | +12.8% |
| Remuneration, social security and pensions | 62 | €4,492,739 | €5,185,714 | +€692,975 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,495,187 | €1,261,664 | -€233,523 | -15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€43,741 | €0 | +€43,741 | |
| Other operating charges | 640/8 | €138,815 | €74,097 | -€64,718 | -46.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €4,424,486 | €5,263,357 | +€838,871 | +19.0% |
| Financial income | 75/76B | €296,433 | €204,761 | -€91,672 | -30.9% |
| Recurring financial income | 75 | €296,433 | €204,761 | -€91,672 | -30.9% |
| Income from current assets | 751 | €219,266 | €166,086 | -€53,179 | -24.3% |
| Other financial income | 752/9 | €77,167 | €38,674 | -€38,493 | -49.9% |
| Financial charges | 65/66B | €95,246 | €50,941 | -€44,305 | -46.5% |
| Recurring financial charges | 65 | €95,246 | €50,941 | -€44,305 | -46.5% |
| Debt charges | 650 | €83,610 | €39,968 | -€43,642 | -52.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €11,635 | €10,973 | -€663 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €4,625,674 | €5,417,177 | +€791,503 | +17.1% |
| Transfer from deferred taxes | 780 | €13,675 | €13,675 | = | 0.0% |
| Income taxes | 67/77 | €1,076,780 | €1,234,403 | +€157,624 | +14.6% |
| Taxes | 670/3 | €1,076,780 | €1,234,826 | +€158,046 | +14.7% |
| Tax adjustments and reversals of tax provisions | 77 | - | €423 | +€423 | |
| Profit (loss) for the period | 9904 | €3,562,569 | €4,196,448 | +€633,879 | +17.8% |
| Transfer from tax-exempt reserves | 789 | €41,024 | €41,024 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,603,593 | €4,237,472 | +€633,879 | +17.6% |
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 11 October 2026 via checked.be.