COLJON D.: 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.
COLJON D.
Largest movements
- Receivables within one year -€86,807
down €86,807 (-28.8%), from €301,223 to €214,416
of which Trade receivables: -€115,604
- Cash +€57,487
up €57,487 (+69.2%), from €83,122 to €140,609
mainly Receivables within one year (+€86,807) and Net result for the year (+€26,166)
- Deferred charges and accrued income +€9,653
up €9,653 (+71.8%), from €13,442 to €23,095
- Trade debts -€37,179
down €37,179 (-58.5%), from €63,560 to €26,381
- Profit (loss) carried forward +€26,166
up €26,166 (+11.1%), from €236,483 to €262,649
- Tax, wage and social debts -€7,221
down €7,221 (-43.8%), from €16,469 to €9,248
of which Remuneration and social security: -€6,184
- Gross operating margin -€43,522
down €43,522 (-14.6%), from €298,671 to €255,149
- Write-downs -€26,178
no longer reported in 2025 (was €26,178)
- Staff costs -€20,075
down €20,075 (-8.6%), from €233,835 to €213,759
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 | €432,057 | €412,192 | -€19,865 | -4.6% |
| Fixed assets | 21/28 | €15,003 | €18,063 | +€3,060 | +20.4% |
| Tangible fixed assets | 22/27 | €14,583 | €17,643 | +€3,060 | +21.0% |
| Furniture and vehicles | 24 | €8,514 | €9,119 | +€606 | +7.1% |
| Other tangible fixed assets | 26 | €6,069 | €8,524 | +€2,454 | +40.4% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €417,054 | €394,129 | -€22,925 | -5.5% |
| Stocks and contracts in progress | 3 | €19,267 | €16,009 | -€3,258 | -16.9% |
| Stocks | 30/36 | €19,267 | €16,009 | -€3,258 | -16.9% |
| Amounts receivable within one year | 40/41 | €301,223 | €214,416 | -€86,807 | -28.8% |
| Trade receivables | 40 | €282,710 | €167,106 | -€115,604 | -40.9% |
| Other amounts receivable | 41 | €18,513 | €47,311 | +€28,797 | +155.5% |
| Cash at bank and in hand | 54/58 | €83,122 | €140,609 | +€57,487 | +69.2% |
| Deferred charges and accrued income | 490/1 | €13,442 | €23,095 | +€9,653 | +71.8% |
| Total equity and liabilities | 10/49 | €432,057 | €412,192 | -€19,865 | -4.6% |
| Equity | 10/15 | €322,305 | €348,471 | +€26,166 | +8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €23,822 | €23,822 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,622 | €17,622 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,483 | €262,649 | +€26,166 | +11.1% |
| Amounts payable | 17/49 | €109,752 | €63,721 | -€46,031 | -41.9% |
| Amounts payable within one year | 42/48 | €109,752 | €63,721 | -€46,031 | -41.9% |
| Trade debts | 44 | €63,560 | €26,381 | -€37,179 | -58.5% |
| Suppliers | 440/4 | €63,560 | €26,381 | -€37,179 | -58.5% |
| Advances received on contracts in progress | 46 | €29,723 | €26,795 | -€2,928 | -9.9% |
| Taxes, remuneration and social security | 45 | €16,469 | €9,248 | -€7,221 | -43.8% |
| Taxes | 450/3 | €4,069 | €3,032 | -€1,037 | -25.5% |
| Remuneration and social security | 454/9 | €12,400 | €6,216 | -€6,184 | -49.9% |
| Other amounts payable | 47/48 | - | €1,297 | +€1,297 | |
| Remuneration, social security and pensions | 62 | €233,835 | €213,759 | -€20,075 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,718 | €4,331 | +€1,613 | +59.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,178 | - | -€26,178 | |
| Other operating charges | 640/8 | €1,342 | €1,142 | -€200 | -14.9% |
| Gross operating margin | 9900 | €298,671 | €255,149 | -€43,522 | -14.6% |
| Operating profit (loss) | 9901 | €34,599 | €35,917 | +€1,318 | +3.8% |
| Financial charges | 65/66B | €528 | €724 | +€196 | +37.1% |
| Recurring financial charges | 65 | €528 | €724 | +€196 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €34,071 | €35,193 | +€1,123 | +3.3% |
| Income taxes | 67/77 | €9,614 | €9,028 | -€586 | -6.1% |
| Profit (loss) for the period | 9904 | €24,457 | €26,166 | +€1,709 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,457 | €26,166 | +€1,709 | +7.0% |
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 10 October 2026 via checked.be.