Colie: 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.
Colie
Largest movements
- Tangible fixed assets +€1.1m
new in 2025: €1.1m
- Cash -€106,938
down €106,938 (-51.4%), from €208,065 to €101,127
mainly Investment in fixed assets (net) (-€1.2m) and Receivables within one year (-€15,382)
- Receivables within one year +€15,382
up €15,382 (+94.8%), from €16,229 to €31,610
of which Trade receivables: +€15,705
- Debts after one year +€908,712
new in 2025: €908,712
- Current portion of long-term debt +€29,663
new in 2025: €29,663
- Other debts +€28,235
new in 2025: €28,235
- Depreciation +€96,338
new in 2025: €96,338
- Gross operating margin +€83,443
up €83,443 (+216%), from €38,573 to €122,016
- Financial charges +€10,608
up €10,608 (+13,612%), from €78 to €10,686
- Taxes -€4,974
down €4,974 (-64.6%), from €7,699 to €2,725
- Other operating charges +€2,506
new in 2025: €2,506
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 | €224,293 | €1,212,320 | +€988,027 | +441% |
| Fixed assets | 21/28 | - | €1,070,793 | +€1.1m | |
| Intangible fixed assets | 21 | - | €3,814 | +€3,814 | |
| Tangible fixed assets | 22/27 | - | €1,066,980 | +€1.1m | |
| Land and buildings | 22 | - | €1,066,980 | +€1.1m | |
| Current assets | 29/58 | €224,293 | €141,527 | -€82,766 | -36.9% |
| Stocks and contracts in progress | 3 | - | €8,790 | +€8,790 | |
| Stocks | 30/36 | - | €8,790 | +€8,790 | |
| Amounts receivable within one year | 40/41 | €16,229 | €31,610 | +€15,382 | +94.8% |
| Trade receivables | 40 | €15,730 | €31,435 | +€15,705 | +99.8% |
| Other amounts receivable | 41 | €499 | €175 | -€323 | -64.8% |
| Cash at bank and in hand | 54/58 | €208,065 | €101,127 | -€106,938 | -51.4% |
| Total equity and liabilities | 10/49 | €224,293 | €1,212,320 | +€988,027 | +441% |
| Equity | 10/15 | €202,796 | €212,557 | +€9,761 | +4.8% |
| Contributions | 10/11 | €172,000 | €172,000 | = | 0.0% |
| Reserves | 13 | €30,796 | €40,557 | +€9,761 | +31.7% |
| Distributable reserves | 133 | €30,796 | €40,557 | +€9,761 | +31.7% |
| Amounts payable | 17/49 | €21,497 | €999,763 | +€978,266 | +4,551% |
| Amounts payable after more than one year | 17 | - | €908,712 | +€908,712 | |
| Financial debts | 170/4 | - | €908,712 | +€908,712 | |
| Amounts payable within one year | 42/48 | €21,497 | €90,210 | +€68,713 | +320% |
| Current portion of amounts payable after more than one year | 42 | - | €29,663 | +€29,663 | |
| Trade debts | 44 | €1,107 | €5,153 | +€4,046 | +365% |
| Suppliers | 440/4 | €1,107 | €5,153 | +€4,046 | +365% |
| Taxes, remuneration and social security | 45 | €20,390 | €27,160 | +€6,770 | +33.2% |
| Taxes | 450/3 | €15,885 | €25,657 | +€9,772 | +61.5% |
| Remuneration and social security | 454/9 | €4,505 | €1,503 | -€3,003 | -66.6% |
| Other amounts payable | 47/48 | - | €28,235 | +€28,235 | |
| Accrued charges and deferred income | 492/3 | - | €842 | +€842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €96,338 | +€96,338 | |
| Other operating charges | 640/8 | - | €2,506 | +€2,506 | |
| Gross operating margin | 9900 | €38,573 | €122,016 | +€83,443 | +216% |
| Operating profit (loss) | 9901 | €38,573 | €23,171 | -€15,401 | -39.9% |
| Financial charges | 65/66B | €78 | €10,686 | +€10,608 | +13,612% |
| Recurring financial charges | 65 | €78 | €10,686 | +€10,608 | +13,612% |
| Profit (loss) for the period before taxes | 9903 | €38,495 | €12,486 | -€26,009 | -67.6% |
| Income taxes | 67/77 | €7,699 | €2,725 | -€4,974 | -64.6% |
| Profit (loss) for the period | 9904 | €30,796 | €9,761 | -€21,035 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,796 | €9,761 | -€21,035 | -68.3% |
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 14 October 2026 via checked.be.