COLFI: 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.
COLFI
Largest movements
- Receivables within one year +€109,535
up €109,535 (+332.3%), from €32,960 to €142,495
of which Trade receivables: +€108,900
- Current investments -€20,000
down €20,000 (-10.0%), from €200,000 to €180,000
- Deferred charges and accrued income +€8,281
up €8,281 (+153.6%), from €5,393 to €13,675
- Tangible fixed assets -€7,159
down €7,159 (-53.7%), from €13,333 to €6,174
- Other debts +€93,525
up €93,525 (+53.6%), from €174,337 to €267,862
- Taxes -€20,145
down €20,145 (-33.1%), from €60,842 to €40,697
- Staff costs -€7,918
down €7,918 (-72.8%), from €10,870 to €2,952
- Gross operating margin -€5,316
down €5,316 (-2.4%), from €217,941 to €212,625
- Financial income +€2,482
up €2,482 (+37.0%), from €6,705 to €9,188
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 | €322,719 | €417,402 | +€94,683 | +29.3% |
| Fixed assets | 21/28 | €13,953 | €6,659 | -€7,294 | -52.3% |
| Tangible fixed assets | 22/27 | €13,333 | €6,174 | -€7,159 | -53.7% |
| Furniture and vehicles | 24 | €13,333 | €6,174 | -€7,159 | -53.7% |
| Financial fixed assets | 28 | €620 | €485 | -€135 | -21.8% |
| Current assets | 29/58 | €308,766 | €410,743 | +€101,977 | +33.0% |
| Amounts receivable within one year | 40/41 | €32,960 | €142,495 | +€109,535 | +332.3% |
| Trade receivables | 40 | €30,250 | €139,150 | +€108,900 | +360.0% |
| Other amounts receivable | 41 | €2,710 | €3,345 | +€635 | +23.4% |
| Current investments | 50/53 | €200,000 | €180,000 | -€20,000 | -10.0% |
| Cash at bank and in hand | 54/58 | €70,413 | €74,573 | +€4,160 | +5.9% |
| Deferred charges and accrued income | 490/1 | €5,393 | €13,675 | +€8,281 | +153.6% |
| Total equity and liabilities | 10/49 | €322,719 | €417,402 | +€94,683 | +29.3% |
| Equity | 10/15 | €132,830 | €133,372 | +€543 | +0.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €126,830 | €127,372 | +€543 | +0.4% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Distributable reserves | 133 | €530 | €1,072 | +€543 | +102.4% |
| Amounts payable | 17/49 | €189,889 | €284,029 | +€94,140 | +49.6% |
| Amounts payable within one year | 42/48 | €189,889 | €284,029 | +€94,140 | +49.6% |
| Trade debts | 44 | €596 | €1,053 | +€457 | +76.7% |
| Suppliers | 440/4 | €596 | €1,053 | +€457 | +76.7% |
| Taxes, remuneration and social security | 45 | €14,957 | €15,114 | +€158 | +1.1% |
| Taxes | 450/3 | €14,213 | €15,114 | +€901 | +6.3% |
| Remuneration and social security | 454/9 | €744 | - | -€744 | |
| Other amounts payable | 47/48 | €174,337 | €267,862 | +€93,525 | +53.6% |
| Non-recurring operating income | 76A | €6,050 | - | -€6,050 | |
| Remuneration, social security and pensions | 62 | €10,870 | €2,952 | -€7,918 | -72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,192 | €9,687 | -€1,505 | -13.5% |
| Other operating charges | 640/8 | €1,490 | €1,153 | -€337 | -22.6% |
| Gross operating margin | 9900 | €217,941 | €212,625 | -€5,316 | -2.4% |
| Operating profit (loss) | 9901 | €194,388 | €198,833 | +€4,445 | +2.3% |
| Financial income | 75/76B | €6,705 | €9,188 | +€2,482 | +37.0% |
| Recurring financial income | 75 | €6,705 | €9,188 | +€2,482 | +37.0% |
| Financial charges | 65/66B | €2,136 | €1,781 | -€355 | -16.6% |
| Recurring financial charges | 65 | €2,136 | €1,781 | -€355 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €198,958 | €206,240 | +€7,282 | +3.7% |
| Income taxes | 67/77 | €60,842 | €40,697 | -€20,145 | -33.1% |
| Profit (loss) for the period | 9904 | €138,116 | €165,543 | +€27,427 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €138,116 | €165,543 | +€27,427 | +19.9% |
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 3 October 2026 via checked.be.