COLINZ: 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.
COLINZ
Largest movements
- Receivables after one year +€3.9m
new in 2025: €3.9m
- Receivables within one year +€2.6m
up €2.6m (+972.5%), from €271,802 to €2.9m
of which Other amounts receivable: +€2.3m
- Financial fixed assets +€1.0m
up €1.0m (+31.1%), from €3.3m to €4.3m
- Deferred charges and accrued income +€381,721
up €381,721 (+2211595.2%), from €17 to €381,739
- Cash -€214,231
down €214,231 (-85.1%), from €251,608 to €37,377
mainly Receivables after one year (-€3.9m) and Receivables within one year (-€2.6m)
- Debts after one year +€5.6m
up €5.6m (+350.6%), from €1.6m to €7.2m
- Other debts +€2.0m
new in 2025: €2.0m
- Gross operating margin +€54,723
up €54,723 (+766.0%), from €7,144 to €61,867
- Financial income +€39,844
up €39,844 (+230844.8%), from €17 to €39,861
- Taxes +€24,061
up €24,061 (+1369.8%), from €1,757 to €25,817
- Financial charges +€3,567
up €3,567 (+1271.4%), from €281 to €3,847
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 | €3,961,246 | €11,634,413 | +€7.7m | +193.7% |
| Fixed assets | 21/28 | €3,284,708 | €4,304,708 | +€1.0m | +31.1% |
| Financial fixed assets | 28 | €3,284,708 | €4,304,708 | +€1.0m | +31.1% |
| Current assets | 29/58 | €676,539 | €7,329,706 | +€6.7m | +983.4% |
| Amounts receivable after more than one year | 29 | - | €3,873,140 | +€3.9m | |
| Other amounts receivable | 291 | - | €3,873,140 | +€3.9m | |
| Stocks and contracts in progress | 3 | €153,112 | €122,465 | -€30,647 | -20.0% |
| Contracts in progress | 37 | €153,112 | €122,465 | -€30,647 | -20.0% |
| Amounts receivable within one year | 40/41 | €271,802 | €2,914,986 | +€2.6m | +972.5% |
| Trade receivables | 40 | €230,980 | €557,425 | +€326,445 | +141.3% |
| Other amounts receivable | 41 | €40,822 | €2,357,561 | +€2.3m | +5675.3% |
| Cash at bank and in hand | 54/58 | €251,608 | €37,377 | -€214,231 | -85.1% |
| Deferred charges and accrued income | 490/1 | €17 | €381,739 | +€381,721 | +2211595.2% |
| Total equity and liabilities | 10/49 | €3,961,246 | €11,634,413 | +€7.7m | +193.7% |
| Equity | 10/15 | €2,290,719 | €2,361,641 | +€70,922 | +3.1% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €290,000 | €361,000 | +€71,000 | +24.5% |
| Non-distributable reserves | 130/1 | €12,720 | €16,266 | +€3,546 | +27.9% |
| Legal reserve | 130 | €12,720 | €16,266 | +€3,546 | +27.9% |
| Distributable reserves | 133 | €277,280 | €344,734 | +€67,454 | +24.3% |
| Profit (loss) carried forward | 14 | €719 | €641 | -€78 | -10.9% |
| Amounts payable | 17/49 | €1,670,527 | €9,272,772 | +€7.6m | +455.1% |
| Amounts payable after more than one year | 17 | €1,600,000 | €7,210,000 | +€5.6m | +350.6% |
| Financial debts | 170/4 | €1,600,000 | €7,210,000 | +€5.6m | +350.6% |
| Amounts payable within one year | 42/48 | €55,748 | €2,059,266 | +€2.0m | +3593.9% |
| Trade debts | 44 | €53,991 | €31,692 | -€22,300 | -41.3% |
| Suppliers | 440/4 | €53,991 | €31,692 | -€22,300 | -41.3% |
| Taxes, remuneration and social security | 45 | €1,757 | €27,574 | +€25,817 | +1469.8% |
| Taxes | 450/3 | €1,757 | €27,574 | +€25,817 | +1469.8% |
| Other amounts payable | 47/48 | - | €2,000,000 | +€2.0m | |
| Accrued charges and deferred income | 492/3 | €14,779 | €3,507 | -€11,272 | -76.3% |
| Other operating charges | 640/8 | €728 | €1,143 | +€415 | +57.0% |
| Gross operating margin | 9900 | €7,144 | €61,867 | +€54,723 | +766.0% |
| Operating profit (loss) | 9901 | €6,416 | €60,725 | +€54,309 | +846.4% |
| Financial income | 75/76B | €17 | €39,861 | +€39,844 | +230844.8% |
| Recurring financial income | 75 | €17 | €39,861 | +€39,844 | +230844.8% |
| Financial charges | 65/66B | €281 | €3,847 | +€3,567 | +1271.4% |
| Recurring financial charges | 65 | €281 | €3,847 | +€3,567 | +1271.4% |
| Profit (loss) for the period before taxes | 9903 | €6,153 | €96,739 | +€90,586 | +1472.2% |
| Income taxes | 67/77 | €1,757 | €25,817 | +€24,061 | +1369.8% |
| Profit (loss) for the period | 9904 | €4,396 | €70,922 | +€66,525 | +1513.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,396 | €70,922 | +€66,525 | +1513.1% |
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 3 October 2026 via checked.be.