COLETTE: 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.
COLETTE
Largest movements
- Cash +€28,060
up €28,060 (+62.7%), from €44,733 to €72,793
mainly Depreciation (+€20,414) and Trade debts (+€14,624)
- Tangible fixed assets -€12,887
down €12,887 (-13.1%), from €98,439 to €85,551
of which Plant, machinery and equipment: -€12,462
- Receivables within one year -€8,415
down €8,415 (-14.5%), from €57,842 to €49,427
of which Trade receivables: -€7,058
- Trade debts +€14,624
up €14,624 (+35.2%), from €41,573 to €56,197
- Debts after one year -€6,161
down €6,161 (-43.4%), from €14,193 to €8,032
- Current portion of long-term debt -€4,523
down €4,523 (-42.3%), from €10,684 to €6,161
- Tax, wage and social debts +€2,955
up €2,955 (+20.0%), from €14,760 to €17,715
of which Taxes: +€3,867
- Gross operating margin -€6,202
down €6,202 (-16.7%), from €37,229 to €31,027
- Staff costs -€5,090
down €5,090 (-71.6%), from €7,110 to €2,021
- Depreciation +€808
up €808 (+4.1%), from €19,606 to €20,414
- Financial charges -€531
down €531 (-29.2%), from €1,822 to €1,291
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 | €215,285 | €223,011 | +€7,726 | +3.6% |
| Fixed assets | 21/28 | €100,518 | €87,181 | -€13,336 | -13.3% |
| Intangible fixed assets | 21 | €1,740 | €1,291 | -€449 | -25.8% |
| Tangible fixed assets | 22/27 | €98,439 | €85,551 | -€12,887 | -13.1% |
| Land and buildings | 22 | €49,574 | €49,574 | = | 0.0% |
| Plant, machinery and equipment | 23 | €47,906 | €35,444 | -€12,462 | -26.0% |
| Furniture and vehicles | 24 | €959 | €534 | -€425 | -44.3% |
| Financial fixed assets | 28 | €339 | €339 | = | 0.0% |
| Current assets | 29/58 | €114,768 | €135,830 | +€21,062 | +18.4% |
| Stocks and contracts in progress | 3 | €10,564 | €11,804 | +€1,240 | +11.7% |
| Stocks | 30/36 | €10,564 | €11,804 | +€1,240 | +11.7% |
| Amounts receivable within one year | 40/41 | €57,842 | €49,427 | -€8,415 | -14.5% |
| Trade receivables | 40 | €56,317 | €49,260 | -€7,058 | -12.5% |
| Other amounts receivable | 41 | €1,525 | €167 | -€1,357 | -89.0% |
| Cash at bank and in hand | 54/58 | €44,733 | €72,793 | +€28,060 | +62.7% |
| Deferred charges and accrued income | 490/1 | €1,629 | €1,806 | +€177 | +10.9% |
| Total equity and liabilities | 10/49 | €215,285 | €223,011 | +€7,726 | +3.6% |
| Equity | 10/15 | €123,650 | €124,527 | +€876 | +0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €61,650 | €62,527 | +€876 | +1.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €55,450 | €56,327 | +€876 | +1.6% |
| Amounts payable | 17/49 | €91,635 | €98,485 | +€6,850 | +7.5% |
| Amounts payable after more than one year | 17 | €14,193 | €8,032 | -€6,161 | -43.4% |
| Financial debts | 170/4 | €14,193 | €8,032 | -€6,161 | -43.4% |
| Amounts payable within one year | 42/48 | €77,372 | €90,428 | +€13,056 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €10,684 | €6,161 | -€4,523 | -42.3% |
| Trade debts | 44 | €41,573 | €56,197 | +€14,624 | +35.2% |
| Suppliers | 440/4 | €41,573 | €56,197 | +€14,624 | +35.2% |
| Taxes, remuneration and social security | 45 | €14,760 | €17,715 | +€2,955 | +20.0% |
| Taxes | 450/3 | €8,710 | €12,577 | +€3,867 | +44.4% |
| Remuneration and social security | 454/9 | €6,050 | €5,138 | -€912 | -15.1% |
| Other amounts payable | 47/48 | €10,354 | €10,354 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €70 | €25 | -€45 | -64.1% |
| Remuneration, social security and pensions | 62 | €7,110 | €2,021 | -€5,090 | -71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,606 | €20,414 | +€808 | +4.1% |
| Other operating charges | 640/8 | €5,638 | €5,783 | +€145 | +2.6% |
| Gross operating margin | 9900 | €37,229 | €31,027 | -€6,202 | -16.7% |
| Operating profit (loss) | 9901 | €4,874 | €2,810 | -€2,065 | -42.4% |
| Financial income | 75/76B | €1 | €146 | +€145 | +17065.9% |
| Recurring financial income | 75 | €1 | €146 | +€145 | +17065.9% |
| Financial charges | 65/66B | €1,822 | €1,291 | -€531 | -29.2% |
| Recurring financial charges | 65 | €1,822 | €1,291 | -€531 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €3,053 | €1,665 | -€1,388 | -45.5% |
| Income taxes | 67/77 | €1,143 | €789 | -€354 | -31.0% |
| Profit (loss) for the period | 9904 | €1,910 | €876 | -€1,034 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,910 | €876 | -€1,034 | -54.1% |
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.