Colibri Wings: 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 Wings
Largest movements
- Cash -€11,421
down €11,421 (-95.0%), from €12,021 to €600
mainly Net result for the year (-€21,725) and Other debts (-€99)
- Receivables within one year -€3,155
down €3,155 (-21.9%), from €14,409 to €11,254
- Deferred charges and accrued income -€770
down €770 (-69.2%), from €1,113 to €343
- Tangible fixed assets -€356
no longer reported in 2025 (was €356)
- Profit (loss) carried forward -€21,725
down €21,725 (-116%), from -€18,780 to -€40,505
- Trade debts +€3,493
up €3,493 (+2,618%), from €133 to €3,626
- Tax, wage and social debts +€1,494
new in 2025: €1,494
of which Remuneration and social security: +€1,350
- Advances received +€1,135
new in 2025: €1,135
- Gross operating margin -€3,204
down €3,204 (-17.9%), from -€17,950 to -€21,155
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €27,900 | €12,198 | -€15,702 | -56.3% |
| Fixed assets | 21/28 | €356 | - | -€356 | |
| Tangible fixed assets | 22/27 | €356 | - | -€356 | |
| Furniture and vehicles | 24 | €356 | - | -€356 | |
| Current assets | 29/58 | €27,544 | €12,198 | -€15,346 | -55.7% |
| Amounts receivable within one year | 40/41 | €14,409 | €11,254 | -€3,155 | -21.9% |
| Trade receivables | 40 | €14,409 | €11,254 | -€3,155 | -21.9% |
| Cash at bank and in hand | 54/58 | €12,021 | €600 | -€11,421 | -95.0% |
| Deferred charges and accrued income | 490/1 | €1,113 | €343 | -€770 | -69.2% |
| Total equity and liabilities | 10/49 | €27,900 | €12,198 | -€15,702 | -56.3% |
| Equity | 10/15 | €27,667 | €5,943 | -€21,725 | -78.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €41,447 | €41,447 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €40,947 | €40,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,780 | -€40,505 | -€21,725 | -116% |
| Amounts payable | 17/49 | €233 | €6,255 | +€6,022 | +2,589% |
| Amounts payable within one year | 42/48 | €233 | €6,255 | +€6,022 | +2,589% |
| Trade debts | 44 | €133 | €3,626 | +€3,493 | +2,618% |
| Suppliers | 440/4 | €133 | €3,626 | +€3,493 | +2,618% |
| Advances received on contracts in progress | 46 | - | €1,135 | +€1,135 | |
| Taxes, remuneration and social security | 45 | - | €1,494 | +€1,494 | |
| Taxes | 450/3 | - | €144 | +€144 | |
| Remuneration and social security | 454/9 | - | €1,350 | +€1,350 | |
| Other amounts payable | 47/48 | €99 | - | -€99 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €354 | €356 | +€2 | +0.6% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€17,950 | -€21,155 | -€3,204 | -17.9% |
| Operating profit (loss) | 9901 | -€18,689 | -€21,511 | -€2,822 | -15.1% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +0.9% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,758 | -€21,581 | -€2,823 | -15.0% |
| Income taxes | 67/77 | €128 | €144 | +€16 | +12.4% |
| Profit (loss) for the period | 9904 | -€18,886 | -€21,725 | -€2,838 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,886 | -€21,725 | -€2,838 | -15.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.