COLLABEL: 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.
COLLABEL
Largest movements
- Stocks and contracts -€25,717
down €25,717 (-38.6%), from €66,689 to €40,973
- Receivables within one year +€22,594
up €22,594 (+141.2%), from €15,999 to €38,593
of which Trade receivables: +€22,594
- Cash -€5,446
down €5,446 (-66.5%), from €8,192 to €2,746
mainly Trade debts (-€24,763) and Receivables within one year (-€22,594)
- Trade debts -€24,763
down €24,763 (-70.2%), from €35,292 to €10,529
- Profit (loss) carried forward +€12,263
up €12,263 (+168.2%), from €7,291 to €19,554
- Tax, wage and social debts +€4,130
up €4,130 (+45.9%), from €9,000 to €13,130
of which Taxes: +€4,130
- Other operating charges -€72,729
down €72,729 (-94.5%), from €76,971 to €4,242
- Gross operating margin -€67,453
down €67,453 (-77.5%), from €87,045 to €19,592
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 | €100,356 | €91,790 | -€8,566 | -8.5% |
| Fixed assets | 21/28 | €8,100 | €8,100 | = | 0.0% |
| Financial fixed assets | 28 | €8,100 | €8,100 | = | 0.0% |
| Current assets | 29/58 | €92,256 | €83,690 | -€8,566 | -9.3% |
| Stocks and contracts in progress | 3 | €66,689 | €40,973 | -€25,717 | -38.6% |
| Stocks | 30/36 | €66,689 | €40,973 | -€25,717 | -38.6% |
| Amounts receivable within one year | 40/41 | €15,999 | €38,593 | +€22,594 | +141.2% |
| Trade receivables | 40 | €15,999 | €38,593 | +€22,594 | +141.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8,192 | €2,746 | -€5,446 | -66.5% |
| Deferred charges and accrued income | 490/1 | €1,376 | €1,379 | +€3 | +0.2% |
| Total equity and liabilities | 10/49 | €100,356 | €91,790 | -€8,566 | -8.5% |
| Equity | 10/15 | €12,291 | €24,554 | +€12,263 | +99.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,291 | €19,554 | +€12,263 | +168.2% |
| Amounts payable | 17/49 | €88,065 | €67,236 | -€20,829 | -23.7% |
| Amounts payable within one year | 42/48 | €88,065 | €67,236 | -€20,829 | -23.7% |
| Trade debts | 44 | €35,292 | €10,529 | -€24,763 | -70.2% |
| Suppliers | 440/4 | €35,292 | €10,529 | -€24,763 | -70.2% |
| Taxes, remuneration and social security | 45 | €9,000 | €13,130 | +€4,130 | +45.9% |
| Taxes | 450/3 | €9,000 | €13,130 | +€4,130 | +45.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €43,773 | €43,578 | -€195 | -0.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €76,971 | €4,242 | -€72,729 | -94.5% |
| Gross operating margin | 9900 | €87,045 | €19,592 | -€67,453 | -77.5% |
| Operating profit (loss) | 9901 | €10,074 | €15,351 | +€5,276 | +52.4% |
| Financial income | 75/76B | €861 | €865 | +€4 | +0.5% |
| Recurring financial income | 75 | €861 | €865 | +€4 | +0.5% |
| Financial charges | 65/66B | €240 | €268 | +€28 | +11.7% |
| Recurring financial charges | 65 | €240 | €268 | +€28 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €10,695 | €15,948 | +€5,253 | +49.1% |
| Income taxes | 67/77 | €2,920 | €3,685 | +€765 | +26.2% |
| Profit (loss) for the period | 9904 | €7,775 | €12,263 | +€4,488 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,775 | €12,263 | +€4,488 | +57.7% |
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.