COLINET-VANCAYZEELE: 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.
COLINET-VANCAYZEELE
Largest movements
- Tangible fixed assets -€44,706
down €44,706 (-22.1%), from €202,270 to €157,564
of which Furniture and vehicles: -€29,311
- Stocks and contracts +€37,204
up €37,204 (+46.4%), from €80,252 to €117,456
- Receivables within one year -€37,054
down €37,054 (-46.3%), from €80,060 to €43,006
of which Other amounts receivable: -€18,949
- Cash -€26,437
down €26,437 (-27.2%), from €97,150 to €70,713
mainly Trade debts (-€85,091) and Contributions, distributions and other (-€42,700)
- Trade debts -€85,091
down €85,091 (-61.3%), from €138,842 to €53,751
- Other debts +€27,290
up €27,290 (+109%), from €24,983 to €52,273
- Debts after one year -€23,221
down €23,221 (-21.0%), from €110,772 to €87,551
- Advances received +€15,150
up €15,150 (+77.1%), from €19,650 to €34,800
- Gross operating margin +€69,254
up €69,254 (+25.1%), from €275,576 to €344,830
- Staff costs +€40,880
up €40,880 (+22.9%), from €178,318 to €219,198
- Depreciation +€25,813
up €25,813 (+65.6%), from €39,370 to €65,183
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 | €459,929 | €388,863 | -€71,066 | -15.5% |
| Fixed assets | 21/28 | €202,394 | €157,688 | -€44,706 | -22.1% |
| Tangible fixed assets | 22/27 | €202,270 | €157,564 | -€44,706 | -22.1% |
| Land and buildings | 22 | €33,796 | €28,094 | -€5,702 | -16.9% |
| Plant, machinery and equipment | 23 | €34,839 | €25,146 | -€9,693 | -27.8% |
| Furniture and vehicles | 24 | €133,635 | €104,324 | -€29,311 | -21.9% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €257,535 | €231,175 | -€26,360 | -10.2% |
| Stocks and contracts in progress | 3 | €80,252 | €117,456 | +€37,204 | +46.4% |
| Stocks | 30/36 | €80,252 | €117,456 | +€37,204 | +46.4% |
| Amounts receivable within one year | 40/41 | €80,060 | €43,006 | -€37,054 | -46.3% |
| Trade receivables | 40 | €55,265 | €37,160 | -€18,105 | -32.8% |
| Other amounts receivable | 41 | €24,795 | €5,846 | -€18,949 | -76.4% |
| Cash at bank and in hand | 54/58 | €97,150 | €70,713 | -€26,437 | -27.2% |
| Deferred charges and accrued income | 490/1 | €73 | - | -€73 | |
| Total equity and liabilities | 10/49 | €459,929 | €388,863 | -€71,066 | -15.5% |
| Equity | 10/15 | €89,229 | €86,829 | -€2,400 | -2.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €55,835 | €53,435 | -€2,400 | -4.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,975 | €51,575 | -€2,400 | -4.4% |
| Profit (loss) carried forward | 14 | €23,394 | €23,394 | = | 0.0% |
| Amounts payable | 17/49 | €370,700 | €302,034 | -€68,666 | -18.5% |
| Amounts payable after more than one year | 17 | €110,772 | €87,551 | -€23,221 | -21.0% |
| Financial debts | 170/4 | €110,772 | €87,551 | -€23,221 | -21.0% |
| Amounts payable within one year | 42/48 | €259,928 | €214,483 | -€45,445 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €41,379 | €37,817 | -€3,562 | -8.6% |
| Trade debts | 44 | €138,842 | €53,751 | -€85,091 | -61.3% |
| Suppliers | 440/4 | €138,842 | €53,751 | -€85,091 | -61.3% |
| Advances received on contracts in progress | 46 | €19,650 | €34,800 | +€15,150 | +77.1% |
| Taxes, remuneration and social security | 45 | €35,074 | €35,842 | +€768 | +2.2% |
| Taxes | 450/3 | €27,244 | €24,632 | -€2,612 | -9.6% |
| Remuneration and social security | 454/9 | €7,830 | €11,210 | +€3,380 | +43.2% |
| Other amounts payable | 47/48 | €24,983 | €52,273 | +€27,290 | +109% |
| Remuneration, social security and pensions | 62 | €178,318 | €219,198 | +€40,880 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,370 | €65,183 | +€25,813 | +65.6% |
| Other operating charges | 640/8 | €2,258 | €2,607 | +€349 | +15.5% |
| Gross operating margin | 9900 | €275,576 | €344,830 | +€69,254 | +25.1% |
| Operating profit (loss) | 9901 | €55,630 | €57,842 | +€2,212 | +4.0% |
| Financial income | 75/76B | €78 | €55 | -€23 | -29.5% |
| Recurring financial income | 75 | €78 | €55 | -€23 | -29.5% |
| Financial charges | 65/66B | €2,656 | €5,826 | +€3,170 | +119% |
| Recurring financial charges | 65 | €2,656 | €5,826 | +€3,170 | +119% |
| Profit (loss) for the period before taxes | 9903 | €53,052 | €52,071 | -€981 | -1.8% |
| Income taxes | 67/77 | €13,469 | €11,771 | -€1,698 | -12.6% |
| Profit (loss) for the period | 9904 | €39,583 | €40,300 | +€717 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,583 | €40,300 | +€717 | +1.8% |
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 24 October 2026 via checked.be.