COLIFT: 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.
COLIFT
Largest movements
- Receivables after one year -€204,000
no longer reported in 2024 (was €204,000)
- Receivables within one year +€200,265
up €200,265 (+102.4%), from €195,548 to €395,812
of which Trade receivables: +€213,541
- Cash -€15,791
down €15,791 (-46.6%), from €33,914 to €18,124
mainly Contributions, distributions and other (-€220,000) and Receivables within one year (-€200,265)
- Tangible fixed assets -€13,318
down €13,318 (-39.8%), from €33,502 to €20,184
of which Furniture and vehicles: -€12,544
- Deferred charges and accrued income -€11,694
down €11,694 (-81.9%), from €14,276 to €2,582
- Profit (loss) carried forward -€112,807
down €112,807 (-76.8%), from €146,947 to €34,141
- Trade debts +€85,432
up €85,432 (+328.8%), from €25,984 to €111,416
- Tax, wage and social debts -€34,872
down €34,872 (-55.6%), from €62,728 to €27,856
of which Taxes: -€31,736
- Other debts +€20,010
up €20,010 (+8.4%), from €237,774 to €257,783
- Gross operating margin +€59,402
up €59,402 (+27.7%), from €214,447 to €273,848
- Taxes +€54,438
up €54,438 (+193.1%), from €28,188 to €82,626
- Staff costs -€10,948
down €10,948 (-14.5%), from €75,650 to €64,702
- Financial income -€6,418
no longer reported in 2024 (was €6,418)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €481,915 | €437,377 | -€44,538 | -9.2% |
| Fixed assets | 21/28 | €34,177 | €20,859 | -€13,318 | -39.0% |
| Tangible fixed assets | 22/27 | €33,502 | €20,184 | -€13,318 | -39.8% |
| Furniture and vehicles | 24 | €29,738 | €17,194 | -€12,544 | -42.2% |
| Other tangible fixed assets | 26 | €3,764 | €2,990 | -€774 | -20.6% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €447,738 | €416,518 | -€31,221 | -7.0% |
| Amounts receivable after more than one year | 29 | €204,000 | - | -€204,000 | |
| Trade receivables | 290 | €204,000 | - | -€204,000 | |
| Amounts receivable within one year | 40/41 | €195,548 | €395,812 | +€200,265 | +102.4% |
| Trade receivables | 40 | €173,250 | €386,790 | +€213,541 | +123.3% |
| Other amounts receivable | 41 | €22,298 | €9,022 | -€13,276 | -59.5% |
| Cash at bank and in hand | 54/58 | €33,914 | €18,124 | -€15,791 | -46.6% |
| Deferred charges and accrued income | 490/1 | €14,276 | €2,582 | -€11,694 | -81.9% |
| Total equity and liabilities | 10/49 | €481,915 | €437,377 | -€44,538 | -9.2% |
| Equity | 10/15 | €148,947 | €36,141 | -€112,807 | -75.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,947 | €34,141 | -€112,807 | -76.8% |
| Amounts payable | 17/49 | €332,968 | €401,236 | +€68,268 | +20.5% |
| Amounts payable after more than one year | 17 | €4,181 | €1,681 | -€2,500 | -59.8% |
| Financial debts | 170/4 | €4,181 | €1,681 | -€2,500 | -59.8% |
| Amounts payable within one year | 42/48 | €328,787 | €399,555 | +€70,768 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €2,301 | €2,500 | +€199 | +8.7% |
| Trade debts | 44 | €25,984 | €111,416 | +€85,432 | +328.8% |
| Suppliers | 440/4 | €25,984 | €111,416 | +€85,432 | +328.8% |
| Taxes, remuneration and social security | 45 | €62,728 | €27,856 | -€34,872 | -55.6% |
| Taxes | 450/3 | €52,459 | €20,723 | -€31,736 | -60.5% |
| Remuneration and social security | 454/9 | €10,269 | €7,133 | -€3,136 | -30.5% |
| Other amounts payable | 47/48 | €237,774 | €257,783 | +€20,010 | +8.4% |
| Remuneration, social security and pensions | 62 | €75,650 | €64,702 | -€10,948 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,267 | €14,117 | -€151 | -1.1% |
| Other operating charges | 640/8 | €566 | €1,572 | +€1,006 | +177.8% |
| Gross operating margin | 9900 | €214,447 | €273,848 | +€59,402 | +27.7% |
| Operating profit (loss) | 9901 | €123,963 | €193,458 | +€69,495 | +56.1% |
| Financial income | 75/76B | €6,418 | - | -€6,418 | |
| Recurring financial income | 75 | €6,418 | - | -€6,418 | |
| Financial charges | 65/66B | €2,074 | €3,639 | +€1,565 | +75.4% |
| Recurring financial charges | 65 | €2,074 | €3,639 | +€1,565 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €128,307 | €189,819 | +€61,512 | +47.9% |
| Income taxes | 67/77 | €28,188 | €82,626 | +€54,438 | +193.1% |
| Profit (loss) for the period | 9904 | €100,119 | €107,193 | +€7,074 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €100,119 | €107,193 | +€7,074 | +7.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.