COLETTE ENCLIN: what changed
COLETTE ENCLIN
Largest movements
- Cash +€91,938
up €91,938 (+79.4%), from €115,775 to €207,713
mainly Stocks and contracts (+€63,576) and Other debts (+€11,557)
- Stocks and contracts -€63,576
down €63,576 (-37.0%), from €171,778 to €108,202
- Tangible fixed assets -€4,307
down €4,307 (-21.6%), from €19,901 to €15,594
of which Furniture and vehicles: -€3,356
- Other debts +€11,557
up €11,557 (+6.7%), from €173,225 to €184,781
- Reserves +€8,740
up €8,740 (+141%), from €6,200 to €14,940
of which Distributable reserves: +€8,740
- Advances received -€7,511
down €7,511 (-60.9%), from €12,326 to €4,815
- Tax, wage and social debts +€6,291
up €6,291, from €0 to €6,291
- Trade debts +€4,831
up €4,831 (+708%), from €682 to €5,513
- Gross operating margin +€38,382
up €38,382, from -€21,909 to €16,473
- Depreciation -€2,171
down €2,171 (-28.2%), from €7,702 to €5,532
- Taxes +€1,092
up €1,092 (+853%), from €128 to €1,220
- Financial income +€345
up €345 (+45.8%), from €752 to €1,096
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,455 | €334,363 | +€23,908 | +7.7% |
| Fixed assets | 21/28 | €19,901 | €15,594 | -€4,307 | -21.6% |
| Tangible fixed assets | 22/27 | €19,901 | €15,594 | -€4,307 | -21.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €17,530 | €14,174 | -€3,356 | -19.1% |
| Other tangible fixed assets | 26 | €2,371 | €1,419 | -€951 | -40.1% |
| Current assets | 29/58 | €290,555 | €318,769 | +€28,215 | +9.7% |
| Stocks and contracts in progress | 3 | €171,778 | €108,202 | -€63,576 | -37.0% |
| Stocks | 30/36 | €171,778 | €108,202 | -€63,576 | -37.0% |
| Amounts receivable within one year | 40/41 | €2,904 | €2,854 | -€50 | -1.7% |
| Trade receivables | 40 | €639 | €2,662 | +€2,023 | +317% |
| Other amounts receivable | 41 | €2,265 | €192 | -€2,073 | -91.5% |
| Cash at bank and in hand | 54/58 | €115,775 | €207,713 | +€91,938 | +79.4% |
| Deferred charges and accrued income | 490/1 | €98 | €0 | -€98 | -100% |
| Total equity and liabilities | 10/49 | €310,455 | €334,363 | +€23,908 | +7.7% |
| Equity | 10/15 | €124,222 | €132,962 | +€8,740 | +7.0% |
| 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 | €6,200 | €14,940 | +€8,740 | +141% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €8,740 | +€8,740 | |
| Profit (loss) carried forward | 14 | €56,022 | €56,022 | = | 0.0% |
| Amounts payable | 17/49 | €186,233 | €201,401 | +€15,168 | +8.1% |
| Amounts payable within one year | 42/48 | €186,233 | €201,401 | +€15,168 | +8.1% |
| Trade debts | 44 | €682 | €5,513 | +€4,831 | +708% |
| Suppliers | 440/4 | €682 | €5,513 | +€4,831 | +708% |
| Advances received on contracts in progress | 46 | €12,326 | €4,815 | -€7,511 | -60.9% |
| Taxes, remuneration and social security | 45 | €0 | €6,291 | +€6,291 | |
| Taxes | 450/3 | - | €6,291 | +€6,291 | |
| Other amounts payable | 47/48 | €173,225 | €184,781 | +€11,557 | +6.7% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,702 | €5,532 | -€2,171 | -28.2% |
| Other operating charges | 640/8 | €1,836 | €1,773 | -€63 | -3.5% |
| Gross operating margin | 9900 | -€21,909 | €16,473 | +€38,382 | |
| Operating profit (loss) | 9901 | -€31,447 | €9,168 | +€40,616 | |
| Financial income | 75/76B | €752 | €1,096 | +€345 | +45.8% |
| Recurring financial income | 75 | €752 | €1,096 | +€345 | +45.8% |
| Financial charges | 65/66B | €340 | €305 | -€35 | -10.4% |
| Recurring financial charges | 65 | €340 | €305 | -€35 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€31,036 | €9,960 | +€40,995 | |
| Income taxes | 67/77 | €128 | €1,220 | +€1,092 | +853% |
| Profit (loss) for the period | 9904 | -€31,164 | €8,740 | +€39,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,164 | €8,740 | +€39,904 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.