COLBAL CONSTRUCT: what changed
Two fiscal 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.
COLBAL CONSTRUCT
Largest movements
- Receivables within one year -€68,552
down €68,552 (-18.2%), from €376,914 to €308,362
of which Trade receivables: -€113,200
- Stocks and contracts +€8,500
up €8,500 (+1062.5%), from €800 to €9,300
- Trade debts -€82,293
down €82,293 (-45.2%), from €182,176 to €99,883
- Reserves +€10,000
up €10,000 (+15.4%), from €64,900 to €74,900
- Debts after one year +€10,000
new in 2025: €10,000
- Short-term financial debts +€8,800
up €8,800 (+13.3%), from €66,000 to €74,800
- Current portion of long-term debt -€4,573
down €4,573 (-23.4%), from €19,573 to €15,000
- Gross operating margin -€54,909
down €54,909 (-61.9%), from €88,651 to €33,742
- Taxes -€16,760
down €16,760 (-74.7%), from €22,445 to €5,684
- Financial charges +€4,412
up €4,412 (+138.6%), from €3,183 to €7,596
- Depreciation +€1,746
up €1,746 (+54.5%), from €3,206 to €4,952
- Other operating charges -€1,527
down €1,527 (-25.0%), from €6,102 to €4,575
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €420,685 | €361,771 | -€58,915 | -14.0% |
| Fixed assets | 21/28 | €33,330 | €33,407 | +€77 | +0.2% |
| Tangible fixed assets | 22/27 | €11,730 | €10,007 | -€1,723 | -14.7% |
| Plant, machinery and equipment | 23 | €11,499 | €8,358 | -€3,141 | -27.3% |
| Furniture and vehicles | 24 | €231 | €1,649 | +€1,418 | +613.3% |
| Financial fixed assets | 28 | €21,600 | €23,400 | +€1,800 | +8.3% |
| Current assets | 29/58 | €387,355 | €328,364 | -€58,992 | -15.2% |
| Stocks and contracts in progress | 3 | €800 | €9,300 | +€8,500 | +1062.5% |
| Stocks | 30/36 | €800 | €9,300 | +€8,500 | +1062.5% |
| Amounts receivable within one year | 40/41 | €376,914 | €308,362 | -€68,552 | -18.2% |
| Trade receivables | 40 | €347,566 | €234,366 | -€113,200 | -32.6% |
| Other amounts receivable | 41 | €29,348 | €73,996 | +€44,648 | +152.1% |
| Cash at bank and in hand | 54/58 | €8,141 | €9,202 | +€1,061 | +13.0% |
| Deferred charges and accrued income | 490/1 | €1,500 | €1,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €420,685 | €361,771 | -€58,915 | -14.0% |
| Equity | 10/15 | €141,538 | €153,059 | +€11,521 | +8.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €64,900 | €74,900 | +€10,000 | +15.4% |
| Distributable reserves | 133 | €64,900 | €74,900 | +€10,000 | +15.4% |
| Profit (loss) carried forward | 14 | €74,638 | €76,159 | +€1,521 | +2.0% |
| Amounts payable | 17/49 | €279,148 | €208,712 | -€70,436 | -25.2% |
| Amounts payable after more than one year | 17 | - | €10,000 | +€10,000 | |
| Financial debts | 170/4 | - | €10,000 | +€10,000 | |
| Amounts payable within one year | 42/48 | €279,148 | €198,712 | -€80,436 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €19,573 | €15,000 | -€4,573 | -23.4% |
| Financial debts | 43 | €66,000 | €74,800 | +€8,800 | +13.3% |
| Credit institutions | 430/8 | €66,000 | €74,800 | +€8,800 | +13.3% |
| Trade debts | 44 | €182,176 | €99,883 | -€82,293 | -45.2% |
| Suppliers | 440/4 | €182,176 | €99,883 | -€82,293 | -45.2% |
| Taxes, remuneration and social security | 45 | €10,459 | €9,029 | -€1,430 | -13.7% |
| Taxes | 450/3 | €10,459 | €6,529 | -€3,930 | -37.6% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €940 | - | -€940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,206 | €4,952 | +€1,746 | +54.5% |
| Other operating charges | 640/8 | €6,102 | €4,575 | -€1,527 | -25.0% |
| Gross operating margin | 9900 | €88,651 | €33,742 | -€54,909 | -61.9% |
| Operating profit (loss) | 9901 | €79,343 | €24,214 | -€55,129 | -69.5% |
| Financial income | 75/76B | €554 | €587 | +€33 | +6.0% |
| Recurring financial income | 75 | €554 | €587 | +€33 | +6.0% |
| Financial charges | 65/66B | €3,183 | €7,596 | +€4,412 | +138.6% |
| Recurring financial charges | 65 | €3,183 | €7,596 | +€4,412 | +138.6% |
| Profit (loss) for the period before taxes | 9903 | €76,713 | €17,206 | -€59,508 | -77.6% |
| Income taxes | 67/77 | €22,445 | €5,684 | -€16,760 | -74.7% |
| Profit (loss) for the period | 9904 | €54,268 | €11,521 | -€42,747 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,268 | €11,521 | -€42,747 | -78.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.