Colco: 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.
Colco
Largest movements
- Cash +€33,881
up €33,881 (+8.6%), from €395,450 to €429,331
mainly Other debts (+€100,016) and Receivables within one year (+€31,152)
- Receivables within one year -€31,152
down €31,152 (-38.0%), from €82,011 to €50,859
of which Trade receivables: -€33,026
- Tangible fixed assets -€15,505
down €15,505 (-21.5%), from €72,229 to €56,725
- Reserves -€109,125
down €109,125 (-20.8%), from €524,945 to €415,821
- Other debts +€100,016
up €100,016 (+41502.1%), from €241 to €100,257
- Gross operating margin -€163,488
down €163,488, from €71,532 to -€91,956
- Taxes -€12,674
down €12,674 (-97.6%), from €12,991 to €317
- Depreciation +€10,210
up €10,210 (+192.8%), from €5,295 to €15,505
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 | €549,690 | €536,914 | -€12,776 | -2.3% |
| Fixed assets | 21/28 | €72,229 | €56,725 | -€15,505 | -21.5% |
| Tangible fixed assets | 22/27 | €72,229 | €56,725 | -€15,505 | -21.5% |
| Furniture and vehicles | 24 | €72,229 | €56,725 | -€15,505 | -21.5% |
| Current assets | 29/58 | €477,461 | €480,190 | +€2,729 | +0.6% |
| Amounts receivable within one year | 40/41 | €82,011 | €50,859 | -€31,152 | -38.0% |
| Trade receivables | 40 | €40,059 | €7,033 | -€33,026 | -82.4% |
| Other amounts receivable | 41 | €41,952 | €43,826 | +€1,874 | +4.5% |
| Cash at bank and in hand | 54/58 | €395,450 | €429,331 | +€33,881 | +8.6% |
| Total equity and liabilities | 10/49 | €549,690 | €536,914 | -€12,776 | -2.3% |
| Equity | 10/15 | €543,545 | €434,421 | -€109,125 | -20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €524,945 | €415,821 | -€109,125 | -20.8% |
| Distributable reserves | 133 | €524,945 | €415,821 | -€109,125 | -20.8% |
| Amounts payable | 17/49 | €6,145 | €102,494 | +€96,349 | +1567.9% |
| Amounts payable within one year | 42/48 | €6,145 | €102,494 | +€96,349 | +1567.9% |
| Trade debts | 44 | €5,597 | €2,237 | -€3,360 | -60.0% |
| Suppliers | 440/4 | €5,597 | €2,237 | -€3,360 | -60.0% |
| Taxes, remuneration and social security | 45 | €308 | €0 | -€308 | -100.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €308 | €0 | -€308 | -100.0% |
| Other amounts payable | 47/48 | €241 | €100,257 | +€100,016 | +41502.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,295 | €15,505 | +€10,210 | +192.8% |
| Other operating charges | 640/8 | €1,441 | €1,254 | -€187 | -12.9% |
| Gross operating margin | 9900 | €71,532 | -€91,956 | -€163,488 | |
| Operating profit (loss) | 9901 | €64,796 | -€108,715 | -€173,512 | |
| Financial charges | 65/66B | €81 | €92 | +€11 | +13.3% |
| Recurring financial charges | 65 | €81 | €92 | +€11 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €64,715 | -€108,808 | -€173,522 | |
| Income taxes | 67/77 | €12,991 | €317 | -€12,674 | -97.6% |
| Profit (loss) for the period | 9904 | €51,724 | -€109,125 | -€160,848 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,724 | -€109,125 | -€160,848 |
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 12 October 2026 via checked.be.