COLLARD M & S: 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.
COLLARD M & S
Largest movements
- Cash -€137,987
down €137,987 (-26.2%), from €527,266 to €389,280
mainly Receivables within one year (-€53,033) and Other debts (-€48,519)
- Receivables within one year +€53,033
up €53,033 (+521%), from €10,175 to €63,208
of which Trade receivables: +€62,847
- Tangible fixed assets -€13,316
down €13,316 (-14.5%), from €91,618 to €78,302
of which Furniture and vehicles: -€7,409
- Other debts -€48,519
down €48,519 (-12.9%), from €377,525 to €329,006
- Trade debts -€48,267
down €48,267 (-100%), from €48,267 to €0
- Reserves -€9,140
down €9,140 (-6.4%), from €143,600 to €134,460
of which Distributable reserves: -€9,140
- Purchases and services -€21,809
down €21,809 (-3.1%), from €714,472 to €692,663
- Gross operating margin +€15,193
up €15,193 (+26.1%), from €58,125 to €73,318
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 | €682,322 | €581,000 | -€101,322 | -14.8% |
| Fixed assets | 21/28 | €91,618 | €78,302 | -€13,316 | -14.5% |
| Tangible fixed assets | 22/27 | €91,618 | €78,302 | -€13,316 | -14.5% |
| Land and buildings | 22 | €45,601 | €44,253 | -€1,348 | -3.0% |
| Plant, machinery and equipment | 23 | €14,772 | €10,213 | -€4,559 | -30.9% |
| Furniture and vehicles | 24 | €31,245 | €23,836 | -€7,409 | -23.7% |
| Current assets | 29/58 | €590,704 | €502,698 | -€88,006 | -14.9% |
| Stocks and contracts in progress | 3 | €53,263 | €50,211 | -€3,053 | -5.7% |
| Stocks | 30/36 | €53,263 | €50,211 | -€3,053 | -5.7% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €10,175 | €63,208 | +€53,033 | +521% |
| Trade receivables | 40 | - | €62,847 | +€62,847 | |
| Other amounts receivable | 41 | €10,175 | €361 | -€9,814 | -96.5% |
| Cash at bank and in hand | 54/58 | €527,266 | €389,280 | -€137,987 | -26.2% |
| Total equity and liabilities | 10/49 | €682,322 | €581,000 | -€101,322 | -14.8% |
| Equity | 10/15 | €252,322 | €243,201 | -€9,120 | -3.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €143,600 | €134,460 | -€9,140 | -6.4% |
| Tax-exempt reserves | 132 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €143,300 | €134,160 | -€9,140 | -6.4% |
| Profit (loss) carried forward | 14 | €88,262 | €88,281 | +€20 | 0.0% |
| Amounts payable | 17/49 | €430,001 | €337,799 | -€92,202 | -21.4% |
| Amounts payable within one year | 42/48 | €430,001 | €337,799 | -€92,202 | -21.4% |
| Trade debts | 44 | €48,267 | €0 | -€48,267 | -100% |
| Suppliers | 440/4 | €48,267 | €0 | -€48,267 | -100% |
| Taxes, remuneration and social security | 45 | €4,209 | €8,793 | +€4,584 | +109% |
| Taxes | 450/3 | €4,209 | €8,793 | +€4,584 | +109% |
| Other amounts payable | 47/48 | €377,525 | €329,006 | -€48,519 | -12.9% |
| Turnover | 70 | €772,598 | €765,981 | -€6,616 | -0.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €714,472 | €692,663 | -€21,809 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,516 | €18,223 | -€293 | -1.6% |
| Other operating charges | 640/8 | €10,241 | €13,021 | +€2,780 | +27.1% |
| Gross operating margin | 9900 | €58,125 | €73,318 | +€15,193 | +26.1% |
| Operating profit (loss) | 9901 | €29,369 | €42,075 | +€12,706 | +43.3% |
| Financial income | 75/76B | €17,809 | €12,018 | -€5,792 | -32.5% |
| Recurring financial income | 75 | €17,809 | €12,018 | -€5,792 | -32.5% |
| Financial charges | 65/66B | €934 | €1,157 | +€223 | +23.8% |
| Recurring financial charges | 65 | €934 | €1,157 | +€223 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €46,244 | €52,935 | +€6,692 | +14.5% |
| Income taxes | 67/77 | €15,005 | €17,056 | +€2,051 | +13.7% |
| Profit (loss) for the period | 9904 | €31,239 | €35,880 | +€4,641 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,239 | €35,880 | +€4,641 | +14.9% |
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 20 October 2026 via checked.be.