COLIN & CO: 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 & CO
Largest movements
- Receivables within one year -€10,970
down €10,970 (-89.7%), from €12,227 to €1,257
of which Trade receivables: -€7,882
- Cash -€7,287
down €7,287 (-99.6%), from €7,315 to €28
mainly Net result for the year (-€25,101) and Tax, wage and social debts (-€10,757)
- Tangible fixed assets -€3,651
down €3,651 (-28.0%), from €13,021 to €9,370
of which Furniture and vehicles: -€2,223
- Deferred charges and accrued income -€1,732
down €1,732 (-27.1%), from €6,386 to €4,654
- Profit (loss) carried forward -€25,101
down €25,101 (-30.0%), from -€83,769 to -€108,870
- Other debts +€17,744
up €17,744 (+96.4%), from €18,410 to €36,154
- Tax, wage and social debts -€10,757
down €10,757 (-95.5%), from €11,267 to €510
of which Taxes: -€9,507
- Debts after one year -€8,374
no longer reported in 2025 (was €8,374)
- Short-term financial debts +€4,145
up €4,145 (+66.8%), from €6,205 to €10,350
- Gross operating margin +€47,487
up €47,487 (+76.0%), from -€62,510 to -€15,023
- Other operating charges -€9,030
down €9,030 (-97.3%), from €9,277 to €246
- Financial charges -€4,185
down €4,185 (-43.0%), from €9,725 to €5,540
- Depreciation +€1,613
up €1,613 (+65.8%), from €2,451 to €4,064
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 | €39,149 | €15,509 | -€23,641 | -60.4% |
| Fixed assets | 21/28 | €13,221 | €9,570 | -€3,651 | -27.6% |
| Tangible fixed assets | 22/27 | €13,021 | €9,370 | -€3,651 | -28.0% |
| Plant, machinery and equipment | 23 | €6,481 | €5,052 | -€1,428 | -22.0% |
| Furniture and vehicles | 24 | €6,540 | €4,317 | -€2,223 | -34.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €25,929 | €5,939 | -€19,990 | -77.1% |
| Amounts receivable within one year | 40/41 | €12,227 | €1,257 | -€10,970 | -89.7% |
| Trade receivables | 40 | €7,882 | - | -€7,882 | |
| Other amounts receivable | 41 | €4,346 | €1,257 | -€3,089 | -71.1% |
| Cash at bank and in hand | 54/58 | €7,315 | €28 | -€7,287 | -99.6% |
| Deferred charges and accrued income | 490/1 | €6,386 | €4,654 | -€1,732 | -27.1% |
| Total equity and liabilities | 10/49 | €39,149 | €15,509 | -€23,641 | -60.4% |
| Equity | 10/15 | -€16,979 | -€42,080 | -€25,101 | -148% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,190 | €48,190 | = | 0.0% |
| Distributable reserves | 133 | €48,190 | €48,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,769 | -€108,870 | -€25,101 | -30.0% |
| Amounts payable | 17/49 | €56,128 | €57,588 | +€1,460 | +2.6% |
| Amounts payable after more than one year | 17 | €8,374 | - | -€8,374 | |
| Financial debts | 170/4 | €8,374 | - | -€8,374 | |
| Amounts payable within one year | 42/48 | €47,754 | €57,588 | +€9,834 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €8,201 | €9,064 | +€862 | +10.5% |
| Financial debts | 43 | €6,205 | €10,350 | +€4,145 | +66.8% |
| Credit institutions | 430/8 | €6,205 | €10,350 | +€4,145 | +66.8% |
| Trade debts | 44 | €3,670 | €1,511 | -€2,160 | -58.8% |
| Suppliers | 440/4 | €3,670 | €1,511 | -€2,160 | -58.8% |
| Taxes, remuneration and social security | 45 | €11,267 | €510 | -€10,757 | -95.5% |
| Taxes | 450/3 | €10,017 | €510 | -€9,507 | -94.9% |
| Remuneration and social security | 454/9 | €1,250 | - | -€1,250 | |
| Other amounts payable | 47/48 | €18,410 | €36,154 | +€17,744 | +96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,451 | €4,064 | +€1,613 | +65.8% |
| Other operating charges | 640/8 | €9,277 | €246 | -€9,030 | -97.3% |
| Gross operating margin | 9900 | -€62,510 | -€15,023 | +€47,487 | +76.0% |
| Operating profit (loss) | 9901 | -€74,238 | -€19,334 | +€54,905 | +74.0% |
| Financial income | 75/76B | €464 | €14 | -€450 | -97.1% |
| Recurring financial income | 75 | €464 | €14 | -€450 | -97.1% |
| Financial charges | 65/66B | €9,725 | €5,540 | -€4,185 | -43.0% |
| Recurring financial charges | 65 | €9,725 | €5,540 | -€4,185 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | -€83,500 | -€24,860 | +€58,639 | +70.2% |
| Income taxes | 67/77 | €269 | €241 | -€28 | -10.6% |
| Profit (loss) for the period | 9904 | -€83,769 | -€25,101 | +€58,668 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,769 | -€25,101 | +€58,668 | +70.0% |
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 23 October 2026 via checked.be.