COLINE-KN: 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.
COLINE-KN
Largest movements
- Cash +€105,057
up €105,057 (+633%), from €16,590 to €121,647
mainly Other debts (+€179,504) and Net result for the year (+€85,618)
- Tangible fixed assets +€7,979
up €7,979 (+29.8%), from €26,809 to €34,788
of which Other tangible fixed assets: +€12,616
- Other debts +€179,504
new in 2025: €179,504
- Profit (loss) carried forward -€93,886
no longer reported in 2025 (was €93,886)
- Tax, wage and social debts +€35,509
up €35,509 (+142%), from €25,019 to €60,528
of which Taxes: +€34,513
- Trade debts -€5,260
down €5,260 (-23.5%), from €22,408 to €17,148
- Debts after one year -€3,228
down €3,228 (-56.3%), from €5,737 to €2,509
- Gross operating margin +€60,224
up €60,224 (+67.9%), from €88,692 to €148,916
- Taxes +€15,242
up €15,242 (+79.1%), from €19,271 to €34,513
- Financial income +€3,145
up €3,145 (+64.0%), from €4,917 to €8,062
- Depreciation -€1,681
down €1,681 (-21.0%), from €8,008 to €6,326
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 | €202,504 | €315,295 | +€112,791 | +55.7% |
| Fixed assets | 21/28 | €29,709 | €37,688 | +€7,979 | +26.9% |
| Tangible fixed assets | 22/27 | €26,809 | €34,788 | +€7,979 | +29.8% |
| Plant, machinery and equipment | 23 | €10,472 | €8,096 | -€2,375 | -22.7% |
| Furniture and vehicles | 24 | €8,579 | €6,318 | -€2,261 | -26.4% |
| Other tangible fixed assets | 26 | €7,758 | €20,374 | +€12,616 | +163% |
| Financial fixed assets | 28 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €172,795 | €277,607 | +€104,812 | +60.7% |
| Stocks and contracts in progress | 3 | €2,545 | €2,458 | -€87 | -3.4% |
| Stocks | 30/36 | €2,545 | €2,458 | -€87 | -3.4% |
| Amounts receivable within one year | 40/41 | €152,737 | €149,984 | -€2,753 | -1.8% |
| Other amounts receivable | 41 | €152,737 | €149,984 | -€2,753 | -1.8% |
| Cash at bank and in hand | 54/58 | €16,590 | €121,647 | +€105,057 | +633% |
| Deferred charges and accrued income | 490/1 | €923 | €3,517 | +€2,594 | +281% |
| Total equity and liabilities | 10/49 | €202,504 | €315,295 | +€112,791 | +55.7% |
| Equity | 10/15 | €146,275 | €52,389 | -€93,886 | -64.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,789 | €33,789 | = | 0.0% |
| Distributable reserves | 133 | €33,789 | €33,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,886 | - | -€93,886 | |
| Amounts payable | 17/49 | €56,229 | €262,906 | +€206,677 | +368% |
| Amounts payable after more than one year | 17 | €5,737 | €2,509 | -€3,228 | -56.3% |
| Financial debts | 170/4 | €5,737 | €2,509 | -€3,228 | -56.3% |
| Amounts payable within one year | 42/48 | €50,492 | €260,397 | +€209,906 | +416% |
| Current portion of amounts payable after more than one year | 42 | €3,065 | €3,217 | +€152 | +5.0% |
| Trade debts | 44 | €22,408 | €17,148 | -€5,260 | -23.5% |
| Suppliers | 440/4 | €22,408 | €17,148 | -€5,260 | -23.5% |
| Taxes, remuneration and social security | 45 | €25,019 | €60,528 | +€35,509 | +142% |
| Taxes | 450/3 | €19,127 | €53,640 | +€34,513 | +180% |
| Remuneration and social security | 454/9 | €5,892 | €6,888 | +€996 | +16.9% |
| Other amounts payable | 47/48 | - | €179,504 | +€179,504 | |
| Non-recurring operating income | 76A | €688 | €2,500 | +€1,812 | +263% |
| Remuneration, social security and pensions | 62 | €24,160 | €23,868 | -€292 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,008 | €6,326 | -€1,681 | -21.0% |
| Other operating charges | 640/8 | €3,172 | €2,261 | -€911 | -28.7% |
| Gross operating margin | 9900 | €88,692 | €148,916 | +€60,224 | +67.9% |
| Operating profit (loss) | 9901 | €53,353 | €116,461 | +€63,108 | +118% |
| Financial income | 75/76B | €4,917 | €8,062 | +€3,145 | +64.0% |
| Recurring financial income | 75 | €4,917 | €8,062 | +€3,145 | +64.0% |
| Financial charges | 65/66B | €5,068 | €4,392 | -€676 | -13.3% |
| Recurring financial charges | 65 | €5,068 | €4,392 | -€676 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €53,201 | €120,131 | +€66,930 | +126% |
| Income taxes | 67/77 | €19,271 | €34,513 | +€15,242 | +79.1% |
| Profit (loss) for the period | 9904 | €33,930 | €85,618 | +€51,688 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €33,930 | €85,618 | +€51,688 | +152% |
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 14 October 2026 via checked.be.