COLLARD GUY: 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.
COLLARD GUY
Largest movements
- Receivables within one year +€9,181
up €9,181 (+45.9%), from €19,985 to €29,166
of which Other amounts receivable: +€9,613
- Tangible fixed assets -€2,450
down €2,450 (-100.0%), from €2,450 to €0
- Cash +€1,153
up €1,153 (+26.6%), from €4,341 to €5,494
mainly Net result for the year (+€9,702) and Depreciation (+€2,450)
- Reserves +€7,260
up €7,260 (+47.1%), from €15,410 to €22,670
of which Distributable reserves: +€7,260
- Current portion of long-term debt -€2,923
down €2,923 (-100.0%), from €2,923 to €0
- Profit (loss) carried forward +€2,441
up €2,441, from -€2,441 to €0
- Tax, wage and social debts +€1,960
up €1,960 (+1760.4%), from €111 to €2,071
- Gross operating margin +€13,324
up €13,324 (+3370.2%), from €395 to €13,719
- Depreciation -€3,892
down €3,892 (-61.4%), from €6,342 to €2,450
- Taxes +€2,071
new in 2026: €2,071
- Financial income +€1,262
up €1,262 (+5337.6%), from €24 to €1,285
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,830 | €48,369 | +€8,539 | +21.4% |
| Fixed assets | 21/28 | €2,600 | €150 | -€2,450 | -94.2% |
| Tangible fixed assets | 22/27 | €2,450 | €0 | -€2,450 | -100.0% |
| Furniture and vehicles | 24 | €2,450 | €0 | -€2,450 | -100.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €37,230 | €48,219 | +€10,988 | +29.5% |
| Stocks and contracts in progress | 3 | €11,827 | €12,275 | +€448 | +3.8% |
| Stocks | 30/36 | €11,827 | €12,275 | +€448 | +3.8% |
| Amounts receivable within one year | 40/41 | €19,985 | €29,166 | +€9,181 | +45.9% |
| Trade receivables | 40 | €1,733 | €1,300 | -€432 | -25.0% |
| Other amounts receivable | 41 | €18,252 | €27,865 | +€9,613 | +52.7% |
| Cash at bank and in hand | 54/58 | €4,341 | €5,494 | +€1,153 | +26.6% |
| Deferred charges and accrued income | 490/1 | €1,077 | €1,284 | +€207 | +19.3% |
| Total equity and liabilities | 10/49 | €39,830 | €48,369 | +€8,539 | +21.4% |
| Equity | 10/15 | €31,569 | €41,270 | +€9,702 | +30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,410 | €22,670 | +€7,260 | +47.1% |
| Tax-exempt reserves | 132 | €3,850 | €3,850 | = | 0.0% |
| Distributable reserves | 133 | €11,560 | €18,820 | +€7,260 | +62.8% |
| Profit (loss) carried forward | 14 | -€2,441 | €0 | +€2,441 | |
| Amounts payable | 17/49 | €8,261 | €7,098 | -€1,163 | -14.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,261 | €7,098 | -€1,163 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €2,923 | €0 | -€2,923 | -100.0% |
| Trade debts | 44 | €5,226 | €5,027 | -€199 | -3.8% |
| Suppliers | 440/4 | €5,226 | €5,027 | -€199 | -3.8% |
| Taxes, remuneration and social security | 45 | €111 | €2,071 | +€1,960 | +1760.4% |
| Taxes | 450/3 | €111 | €2,071 | +€1,960 | +1760.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,342 | €2,450 | -€3,892 | -61.4% |
| Other operating charges | 640/8 | €637 | €530 | -€106 | -16.7% |
| Gross operating margin | 9900 | €395 | €13,719 | +€13,324 | +3370.2% |
| Operating profit (loss) | 9901 | -€6,583 | €10,739 | +€17,322 | |
| Financial income | 75/76B | €24 | €1,285 | +€1,262 | +5337.6% |
| Recurring financial income | 75 | €24 | €1,285 | +€1,262 | +5337.6% |
| Financial charges | 65/66B | €311 | €252 | -€59 | -19.1% |
| Recurring financial charges | 65 | €311 | €252 | -€59 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,871 | €11,773 | +€18,644 | |
| Income taxes | 67/77 | - | €2,071 | +€2,071 | |
| Profit (loss) for the period | 9904 | -€6,871 | €9,702 | +€16,572 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,871 | €9,702 | +€16,572 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.