COLIN CALENDARS: 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.
COLIN CALENDARS
Largest movements
- Receivables within one year +€118,699
up €118,699 (+44.8%), from €265,172 to €383,871
of which Trade receivables: +€136,535
- Tangible fixed assets +€44,440
up €44,440 (+71.7%), from €62,008 to €106,448
of which Furniture and vehicles: +€42,845
- Accrued charges and deferred income +€97,830
up €97,830 (+89.8%), from €108,985 to €206,815
- Other debts +€57,468
up €57,468 (+222%), from €25,929 to €83,398
- Trade debts -€56,681
down €56,681 (-26.3%), from €215,120 to €158,440
- Tax, wage and social debts +€37,749
up €37,749 (+126%), from €29,846 to €67,596
of which Taxes: +€40,885
- Reserves +€31,225
up €31,225 (+12.3%), from €254,695 to €285,921
of which Distributable reserves: +€31,225
- Gross operating margin -€29,445
down €29,445 (-7.4%), from €395,856 to €366,411
- Financial charges -€20,607
down €20,607 (-78.2%), from €26,360 to €5,753
of which Non-recurring financial charges: -€21,790
- Depreciation +€8,923
up €8,923 (+35.8%), from €24,949 to €33,873
- Taxes -€4,739
down €4,739 (-11.6%), from €40,839 to €36,100
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 | €760,641 | €925,761 | +€165,120 | +21.7% |
| Fixed assets | 21/28 | €62,008 | €106,448 | +€44,440 | +71.7% |
| Tangible fixed assets | 22/27 | €62,008 | €106,448 | +€44,440 | +71.7% |
| Plant, machinery and equipment | 23 | €49,901 | €51,496 | +€1,595 | +3.2% |
| Furniture and vehicles | 24 | €12,108 | €54,953 | +€42,845 | +354% |
| Current assets | 29/58 | €698,632 | €819,313 | +€120,681 | +17.3% |
| Stocks and contracts in progress | 3 | €72,780 | €71,564 | -€1,216 | -1.7% |
| Stocks | 30/36 | €72,780 | €71,564 | -€1,216 | -1.7% |
| Amounts receivable within one year | 40/41 | €265,172 | €383,871 | +€118,699 | +44.8% |
| Trade receivables | 40 | €235,030 | €371,564 | +€136,535 | +58.1% |
| Other amounts receivable | 41 | €30,142 | €12,307 | -€17,836 | -59.2% |
| Cash at bank and in hand | 54/58 | €348,082 | €353,367 | +€5,285 | +1.5% |
| Deferred charges and accrued income | 490/1 | €12,598 | €10,511 | -€2,087 | -16.6% |
| Total equity and liabilities | 10/49 | €760,641 | €925,761 | +€165,120 | +21.7% |
| Equity | 10/15 | €273,295 | €304,521 | +€31,225 | +11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €254,695 | €285,921 | +€31,225 | +12.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €254,695 | €285,921 | +€31,225 | +12.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €487,345 | €621,241 | +€133,895 | +27.5% |
| Amounts payable after more than one year | 17 | €71,489 | €76,036 | +€4,547 | +6.4% |
| Financial debts | 170/4 | €71,489 | €76,036 | +€4,547 | +6.4% |
| Amounts payable within one year | 42/48 | €306,871 | €338,389 | +€31,518 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €22,670 | €28,956 | +€6,286 | +27.7% |
| Trade debts | 44 | €215,120 | €158,440 | -€56,681 | -26.3% |
| Suppliers | 440/4 | €215,120 | €158,440 | -€56,681 | -26.3% |
| Advances received on contracts in progress | 46 | €13,305 | €0 | -€13,305 | -100% |
| Taxes, remuneration and social security | 45 | €29,846 | €67,596 | +€37,749 | +126% |
| Taxes | 450/3 | €2,246 | €43,131 | +€40,885 | +1,821% |
| Remuneration and social security | 454/9 | €27,601 | €24,465 | -€3,136 | -11.4% |
| Other amounts payable | 47/48 | €25,929 | €83,398 | +€57,468 | +222% |
| Accrued charges and deferred income | 492/3 | €108,985 | €206,815 | +€97,830 | +89.8% |
| Remuneration, social security and pensions | 62 | €215,718 | €212,146 | -€3,572 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,949 | €33,873 | +€8,923 | +35.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,957 | €4,903 | -€54 | -1.1% |
| Non-recurring operating charges | 66A | €3,951 | €843 | -€3,108 | -78.7% |
| Gross operating margin | 9900 | €395,856 | €366,411 | -€29,445 | -7.4% |
| Operating profit (loss) | 9901 | €146,281 | €114,647 | -€31,634 | -21.6% |
| Financial income | 75/76B | €710 | €455 | -€255 | -35.9% |
| Recurring financial income | 75 | €710 | €455 | -€255 | -35.9% |
| Financial charges | 65/66B | €26,360 | €5,753 | -€20,607 | -78.2% |
| Recurring financial charges | 65 | €4,570 | €5,753 | +€1,183 | +25.9% |
| Non-recurring financial charges | 66B | €21,790 | €0 | -€21,790 | -100% |
| Profit (loss) for the period before taxes | 9903 | €120,632 | €109,350 | -€11,282 | -9.4% |
| Income taxes | 67/77 | €40,839 | €36,100 | -€4,739 | -11.6% |
| Profit (loss) for the period | 9904 | €79,793 | €73,250 | -€6,544 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,793 | €73,250 | -€6,544 | -8.2% |
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 25 October 2026 via checked.be.