COLI EUROPE: what changed
What changed
COLI EUROPE
NACE 52.250, Logistics services
filed annual accounts (NBB)
Net result for the year
€11,957
2024 · €286,665-€274,708
Equity
€1.1m
2024 · €1.1m+€11,957
Cash
€1,429
2024 · €14,972-€13,542
Balance sheet total
€1.3m
2024 · €1.3m-€42,528
Largest movements
Assets
- Tangible fixed assets -€20,635
down €20,635 (-7.4%), from €279,120 to €258,485
- Cash -€13,542
down €13,542 (-90.5%), from €14,972 to €1,429
mainly Debts after one year (-€36,169) and Trade debts (-€21,159)
Equity and liabilities
- Debts after one year -€36,169
down €36,169 (-37.6%), from €96,183 to €60,014
- Trade debts -€21,159
down €21,159 (-89.4%), from €23,660 to €2,502
Income statement
- Financial income -€285,104
down €285,104 (-99.8%), from €285,618 to €514
of which Non-recurring financial income: -€285,152
- Gross operating margin +€14,215
up €14,215 (+37.2%), from €38,163 to €52,378
- Taxes +€3,878
up €3,878 (+639%), from €607 to €4,485
- Other operating charges +€2,481
up €2,481 (+46.4%), from €5,343 to €7,824
- Depreciation -€1,608
down €1,608 (-6.4%), from €25,249 to €23,641
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.
Result 2024
€286,665
Gross operating margin
+€14,215
Depreciation
+€1,608
Other operating charges
-€2,481
Other operating items
+€1,347
Financial income
-€285,104
Financial charges
-€414
Taxes
-€3,878
Result 2025
€11,957
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€24,267
Investment
-€3,006
Financing
-€34,802
Cash 2024
€14,972
From operations (derived)
+€24,267
Net result for the year
+€11,957
Depreciation
+€23,641
Receivables within one year
+€10,573
Deferred charges and accrued income
-€2,222
Trade debts
-€21,159
Tax, wage and social debts
-€376
Advances received
-€3,487
Other debts
+€6,246
Accrued charges and deferred income
-€908
Investment (derived)
-€3,006
Investment in fixed assets (net)
-€3,006
Financing
-€34,802
Debts after one year
-€36,169
Current portion of long-term debt
+€1,366
Cash 2025
€1,429
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,310,023 | €1,267,495 | -€42,528 | -3.2% |
| Fixed assets | 21/28 | €519,680 | €499,045 | -€20,635 | -4.0% |
| Tangible fixed assets | 22/27 | €279,120 | €258,485 | -€20,635 | -7.4% |
| Land and buildings | 22 | €279,120 | €258,485 | -€20,635 | -7.4% |
| Financial fixed assets | 28 | €240,560 | €240,560 | = | 0.0% |
| Current assets | 29/58 | €790,344 | €768,450 | -€21,893 | -2.8% |
| Amounts receivable within one year | 40/41 | €773,574 | €763,001 | -€10,573 | -1.4% |
| Trade receivables | 40 | €11,995 | €3,422 | -€8,573 | -71.5% |
| Other amounts receivable | 41 | €761,579 | €759,579 | -€2,000 | -0.3% |
| Cash at bank and in hand | 54/58 | €14,972 | €1,429 | -€13,542 | -90.5% |
| Deferred charges and accrued income | 490/1 | €1,798 | €4,020 | +€2,222 | +124% |
| Total equity and liabilities | 10/49 | €1,310,023 | €1,267,495 | -€42,528 | -3.2% |
| Equity | 10/15 | €1,067,559 | €1,079,517 | +€11,957 | +1.1% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €112,000 | €112,000 | = | 0.0% |
| Reserves | 13 | €955,559 | €967,517 | +€11,957 | +1.3% |
| Non-distributable reserves | 130/1 | €15,315 | €15,315 | = | 0.0% |
| Legal reserve | 130 | €11,200 | €11,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,115 | €4,115 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,998 | €39,998 | = | 0.0% |
| Distributable reserves | 133 | €900,246 | €912,204 | +€11,957 | +1.3% |
| Amounts payable | 17/49 | €242,464 | €187,979 | -€54,485 | -22.5% |
| Amounts payable after more than one year | 17 | €96,183 | €60,014 | -€36,169 | -37.6% |
| Financial debts | 170/4 | €96,183 | €60,014 | -€36,169 | -37.6% |
| Amounts payable within one year | 42/48 | €143,431 | €126,022 | -€17,409 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €34,802 | €36,169 | +€1,366 | +3.9% |
| Trade debts | 44 | €23,660 | €2,502 | -€21,159 | -89.4% |
| Suppliers | 440/4 | €23,660 | €2,502 | -€21,159 | -89.4% |
| Advances received on contracts in progress | 46 | €5,107 | €1,620 | -€3,487 | -68.3% |
| Taxes, remuneration and social security | 45 | €4,861 | €4,485 | -€376 | -7.7% |
| Taxes | 450/3 | €4,861 | €4,485 | -€376 | -7.7% |
| Other amounts payable | 47/48 | €75,000 | €81,246 | +€6,246 | +8.3% |
| Accrued charges and deferred income | 492/3 | €2,850 | €1,942 | -€908 | -31.8% |
| Non-recurring operating income | 76A | €290 | - | -€290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,249 | €23,641 | -€1,608 | -6.4% |
| Other operating charges | 640/8 | €5,343 | €7,824 | +€2,481 | +46.4% |
| Non-recurring operating charges | 66A | €1,347 | - | -€1,347 | |
| Gross operating margin | 9900 | €38,163 | €52,378 | +€14,215 | +37.2% |
| Operating profit (loss) | 9901 | €6,224 | €20,913 | +€14,689 | +236% |
| Financial income | 75/76B | €285,618 | €514 | -€285,104 | -99.8% |
| Recurring financial income | 75 | €465 | €514 | +€48 | +10.4% |
| Non-recurring financial income | 76B | €285,152 | - | -€285,152 | |
| Financial charges | 65/66B | €4,569 | €4,984 | +€414 | +9.1% |
| Recurring financial charges | 65 | €4,569 | €4,984 | +€414 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €287,272 | €16,443 | -€270,830 | -94.3% |
| Income taxes | 67/77 | €607 | €4,485 | +€3,878 | +639% |
| Profit (loss) for the period | 9904 | €286,665 | €11,957 | -€274,708 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €286,665 | €11,957 | -€274,708 | -95.8% |
Next steps
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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 5 November 2026 via checked.be.