COLIBRI MANAGEMENT: 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.
COLIBRI MANAGEMENT
Largest movements
- Cash +€102,025
up €102,025 (+130%), from €78,315 to €180,340
mainly Net result for the year (+€155,342) and Other debts (+€154,951)
- Receivables within one year +€44,849
up €44,849 (+488%), from €9,186 to €54,035
of which Trade receivables: +€50,148
- Tangible fixed assets -€35,784
down €35,784 (-4.0%), from €896,960 to €861,176
of which Other tangible fixed assets: -€22,269
- Other debts +€154,951
up €154,951 (+682%), from €22,728 to €177,679
- Debts after one year -€48,300
down €48,300 (-9.8%), from €490,883 to €442,583
- Gross operating margin +€68,590
up €68,590 (+30.4%), from €225,622 to €294,212
- Other operating charges -€16,686
down €16,686 (-71.2%), from €23,430 to €6,744
- Taxes +€12,866
up €12,866 (+35.9%), from €35,843 to €48,709
- Depreciation +€5,261
up €5,261 (+8.4%), from €62,575 to €67,836
- Financial charges +€2,950
up €2,950 (+20.7%), from €14,279 to €17,229
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.
Derived cash bridge
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 | €1,039,601 | €1,152,692 | +€113,091 | +10.9% |
| Fixed assets | 21/28 | €896,960 | €861,176 | -€35,784 | -4.0% |
| Tangible fixed assets | 22/27 | €896,960 | €861,176 | -€35,784 | -4.0% |
| Land and buildings | 22 | €461,083 | €447,820 | -€13,264 | -2.9% |
| Plant, machinery and equipment | 23 | €30,581 | €51,362 | +€20,781 | +68.0% |
| Furniture and vehicles | 24 | €89,593 | €68,560 | -€21,032 | -23.5% |
| Other tangible fixed assets | 26 | €315,704 | €293,434 | -€22,269 | -7.1% |
| Current assets | 29/58 | €142,640 | €291,516 | +€148,876 | +104% |
| Amounts receivable within one year | 40/41 | €9,186 | €54,035 | +€44,849 | +488% |
| Trade receivables | 40 | €3,887 | €54,035 | +€50,148 | +1,290% |
| Other amounts receivable | 41 | €5,299 | - | -€5,299 | |
| Current investments | 50/53 | €53,395 | €53,424 | +€29 | +0.1% |
| Cash at bank and in hand | 54/58 | €78,315 | €180,340 | +€102,025 | +130% |
| Deferred charges and accrued income | 490/1 | €1,744 | €3,717 | +€1,973 | +113% |
| Total equity and liabilities | 10/49 | €1,039,601 | €1,152,692 | +€113,091 | +10.9% |
| Equity | 10/15 | €469,992 | €468,685 | -€1,307 | -0.3% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €465,185 | €465,185 | = | 0.0% |
| Distributable reserves | 133 | €465,185 | €465,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,307 | - | -€1,307 | |
| Amounts payable | 17/49 | €569,608 | €684,007 | +€114,399 | +20.1% |
| Amounts payable after more than one year | 17 | €490,883 | €442,583 | -€48,300 | -9.8% |
| Financial debts | 170/4 | €490,883 | €442,583 | -€48,300 | -9.8% |
| Amounts payable within one year | 42/48 | €78,725 | €241,423 | +€162,698 | +207% |
| Current portion of amounts payable after more than one year | 42 | €49,291 | €50,436 | +€1,145 | +2.3% |
| Trade debts | 44 | €4,545 | €2,499 | -€2,046 | -45.0% |
| Suppliers | 440/4 | €4,545 | €2,499 | -€2,046 | -45.0% |
| Taxes, remuneration and social security | 45 | €2,162 | €10,810 | +€8,648 | +400% |
| Taxes | 450/3 | €2,162 | €10,810 | +€8,648 | +400% |
| Other amounts payable | 47/48 | €22,728 | €177,679 | +€154,951 | +682% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,575 | €67,836 | +€5,261 | +8.4% |
| Other operating charges | 640/8 | €23,430 | €6,744 | -€16,686 | -71.2% |
| Gross operating margin | 9900 | €225,622 | €294,212 | +€68,590 | +30.4% |
| Operating profit (loss) | 9901 | €139,618 | €219,632 | +€80,014 | +57.3% |
| Financial income | 75/76B | €3,938 | €1,648 | -€2,290 | -58.2% |
| Recurring financial income | 75 | €3,938 | €1,648 | -€2,290 | -58.2% |
| Financial charges | 65/66B | €14,279 | €17,229 | +€2,950 | +20.7% |
| Recurring financial charges | 65 | €14,279 | €17,229 | +€2,950 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €129,276 | €204,051 | +€74,775 | +57.8% |
| Income taxes | 67/77 | €35,843 | €48,709 | +€12,866 | +35.9% |
| Profit (loss) for the period | 9904 | €93,433 | €155,342 | +€61,908 | +66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,433 | €155,342 | +€61,908 | +66.3% |
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 24 October 2026 via checked.be.