Colinas Management: 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.
Colinas Management
Largest movements
- Receivables within one year -€5,724
down €5,724 (-95.2%), from €6,013 to €288
of which Trade receivables: -€5,869
- Cash -€3,743
down €3,743 (-20.0%), from €18,742 to €14,999
mainly Tax, wage and social debts (-€5,648) and Net result for the year (-€4,205)
- Tangible fixed assets -€385
down €385 (-89.9%), from €429 to €43
- Tax, wage and social debts -€5,648
down €5,648 (-91.4%), from €6,181 to €533
- Profit (loss) carried forward -€4,205
new in 2025: -€4,205
- Gross operating margin +€1,162
up €1,162 (+27.1%), from -€4,290 to -€3,128
- Other operating charges +€448
up €448 (+379%), from €118 to €566
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 | €25,183 | €15,330 | -€9,853 | -39.1% |
| Fixed assets | 21/28 | €429 | €43 | -€385 | -89.9% |
| Tangible fixed assets | 22/27 | €429 | €43 | -€385 | -89.9% |
| Furniture and vehicles | 24 | €429 | €43 | -€385 | -89.9% |
| Current assets | 29/58 | €24,755 | €15,287 | -€9,468 | -38.2% |
| Amounts receivable within one year | 40/41 | €6,013 | €288 | -€5,724 | -95.2% |
| Trade receivables | 40 | €5,869 | €0 | -€5,869 | -100% |
| Other amounts receivable | 41 | €144 | €288 | +€144 | +100% |
| Cash at bank and in hand | 54/58 | €18,742 | €14,999 | -€3,743 | -20.0% |
| Total equity and liabilities | 10/49 | €25,183 | €15,330 | -€9,853 | -39.1% |
| Equity | 10/15 | €19,002 | €14,797 | -€4,205 | -22.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,002 | €16,002 | = | 0.0% |
| Distributable reserves | 133 | €16,002 | €16,002 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,205 | -€4,205 | |
| Amounts payable | 17/49 | €6,181 | €533 | -€5,648 | -91.4% |
| Amounts payable within one year | 42/48 | €6,181 | €533 | -€5,648 | -91.4% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,181 | €533 | -€5,648 | -91.4% |
| Taxes | 450/3 | €6,181 | €533 | -€5,648 | -91.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €385 | €385 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €566 | +€448 | +379% |
| Gross operating margin | 9900 | -€4,290 | -€3,128 | +€1,162 | +27.1% |
| Operating profit (loss) | 9901 | -€4,793 | -€4,079 | +€714 | +14.9% |
| Financial charges | 65/66B | €137 | €126 | -€11 | -8.2% |
| Recurring financial charges | 65 | €137 | €126 | -€11 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,930 | -€4,205 | +€725 | +14.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,930 | -€4,205 | +€725 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,930 | -€4,205 | +€725 | +14.7% |
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 19 October 2026 via checked.be.