Colinco: 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.
Colinco
Largest movements
- Cash +€93,678
up €93,678 (+142.7%), from €65,663 to €159,342
mainly Net result for the year (+€72,798) and Current investments (+€50,000)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year +€27,797
up €27,797 (+57.6%), from €48,258 to €76,054
of which Other amounts receivable: +€26,593
- Tangible fixed assets -€12,223
down €12,223 (-29.2%), from €41,910 to €29,687
of which Furniture and vehicles: -€11,115
- Reserves +€72,798
up €72,798 (+48.5%), from €149,996 to €222,794
- Current portion of long-term debt -€11,072
down €11,072 (-74.3%), from €14,906 to €3,834
- Debts after one year -€3,834
no longer reported in 2025 (was €3,834)
- Gross operating margin +€7,012
up €7,012 (+7.3%), from €96,364 to €103,376
- Taxes +€2,577
up €2,577 (+14.2%), from €18,144 to €20,721
- Financial income +€2,047
up €2,047 (+101.4%), from €2,019 to €4,066
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.
Cash bridge derived
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 | €205,831 | €265,083 | +€59,252 | +28.8% |
| Fixed assets | 21/28 | €41,910 | €29,687 | -€12,223 | -29.2% |
| Tangible fixed assets | 22/27 | €41,910 | €29,687 | -€12,223 | -29.2% |
| Plant, machinery and equipment | 23 | €4,318 | €3,210 | -€1,108 | -25.7% |
| Furniture and vehicles | 24 | €37,592 | €26,477 | -€11,115 | -29.6% |
| Current assets | 29/58 | €163,921 | €235,396 | +€71,475 | +43.6% |
| Amounts receivable within one year | 40/41 | €48,258 | €76,054 | +€27,797 | +57.6% |
| Trade receivables | 40 | €17,169 | €18,373 | +€1,204 | +7.0% |
| Other amounts receivable | 41 | €31,089 | €57,682 | +€26,593 | +85.5% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €65,663 | €159,342 | +€93,678 | +142.7% |
| Total equity and liabilities | 10/49 | €205,831 | €265,083 | +€59,252 | +28.8% |
| Equity | 10/15 | €154,996 | €227,794 | +€72,798 | +47.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €149,996 | €222,794 | +€72,798 | +48.5% |
| Distributable reserves | 133 | €149,996 | €222,794 | +€72,798 | +48.5% |
| Amounts payable | 17/49 | €50,835 | €37,289 | -€13,546 | -26.6% |
| Amounts payable after more than one year | 17 | €3,834 | - | -€3,834 | |
| Financial debts | 170/4 | €3,834 | - | -€3,834 | |
| Amounts payable within one year | 42/48 | €47,001 | €37,289 | -€9,713 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €14,906 | €3,834 | -€11,072 | -74.3% |
| Trade debts | 44 | €2,286 | €1,203 | -€1,082 | -47.4% |
| Suppliers | 440/4 | €2,286 | €1,203 | -€1,082 | -47.4% |
| Taxes, remuneration and social security | 45 | €29,810 | €32,252 | +€2,442 | +8.2% |
| Taxes | 450/3 | €29,810 | €32,252 | +€2,442 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,498 | €12,223 | +€725 | +6.3% |
| Other operating charges | 640/8 | €1,333 | €983 | -€349 | -26.2% |
| Gross operating margin | 9900 | €96,364 | €103,376 | +€7,012 | +7.3% |
| Operating profit (loss) | 9901 | €83,533 | €90,170 | +€6,637 | +7.9% |
| Financial income | 75/76B | €2,019 | €4,066 | +€2,047 | +101.4% |
| Recurring financial income | 75 | €2,019 | €4,066 | +€2,047 | +101.4% |
| Financial charges | 65/66B | €1,355 | €717 | -€638 | -47.1% |
| Recurring financial charges | 65 | €1,355 | €717 | -€638 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €84,197 | €93,519 | +€9,322 | +11.1% |
| Income taxes | 67/77 | €18,144 | €20,721 | +€2,577 | +14.2% |
| Profit (loss) for the period | 9904 | €66,054 | €72,798 | +€6,745 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,054 | €72,798 | +€6,745 | +10.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.