COLLARD PISCINES: 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 PISCINES
Largest movements
- Tangible fixed assets -€31,306
down €31,306 (-95.8%), from €32,670 to €1,364
of which Furniture and vehicles: -€29,374
- Receivables within one year -€25,839
down €25,839 (-22.6%), from €114,546 to €88,707
of which Trade receivables: -€24,658
- Stocks and contracts -€15,871
down €15,871 (-28.7%), from €55,349 to €39,477
- Cash +€5,076
up €5,076 (+43.7%), from €11,613 to €16,689
mainly Receivables within one year (+€25,839) and Short-term financial debts (+€24,000)
- Reserves -€51,727
down €51,727 (-40.3%), from €128,267 to €76,541
- Short-term financial debts +€24,000
new in 2025: €24,000
- Tax, wage and social debts -€14,855
down €14,855 (-65.6%), from €22,654 to €7,799
- Debts after one year -€10,632
down €10,632 (-87.5%), from €12,148 to €1,516
- Current portion of long-term debt -€7,781
down €7,781 (-42.3%), from €18,413 to €10,632
- Gross operating margin -€66,654
down €66,654, from €29,737 to -€36,917
- Depreciation -€11,690
down €11,690 (-46.3%), from €25,235 to €13,545
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 | €215,885 | €147,934 | -€67,952 | -31.5% |
| Fixed assets | 21/28 | €32,670 | €1,364 | -€31,306 | -95.8% |
| Tangible fixed assets | 22/27 | €32,670 | €1,364 | -€31,306 | -95.8% |
| Plant, machinery and equipment | 23 | €817 | €105 | -€711 | -87.1% |
| Furniture and vehicles | 24 | €30,633 | €1,259 | -€29,374 | -95.9% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,220 | €0 | -€1,220 | -100% |
| Current assets | 29/58 | €183,215 | €146,569 | -€36,646 | -20.0% |
| Stocks and contracts in progress | 3 | €55,349 | €39,477 | -€15,871 | -28.7% |
| Stocks | 30/36 | €55,349 | €39,477 | -€15,871 | -28.7% |
| Amounts receivable within one year | 40/41 | €114,546 | €88,707 | -€25,839 | -22.6% |
| Trade receivables | 40 | €56,510 | €31,852 | -€24,658 | -43.6% |
| Other amounts receivable | 41 | €58,035 | €56,855 | -€1,181 | -2.0% |
| Cash at bank and in hand | 54/58 | €11,613 | €16,689 | +€5,076 | +43.7% |
| Deferred charges and accrued income | 490/1 | €1,708 | €1,696 | -€12 | -0.7% |
| Total equity and liabilities | 10/49 | €215,885 | €147,934 | -€67,952 | -31.5% |
| Equity | 10/15 | €143,267 | €91,541 | -€51,727 | -36.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €128,267 | €76,541 | -€51,727 | -40.3% |
| Distributable reserves | 133 | €128,267 | €76,541 | -€51,727 | -40.3% |
| Amounts payable | 17/49 | €72,618 | €56,393 | -€16,225 | -22.3% |
| Amounts payable after more than one year | 17 | €12,148 | €1,516 | -€10,632 | -87.5% |
| Financial debts | 170/4 | €12,148 | €1,516 | -€10,632 | -87.5% |
| Amounts payable within one year | 42/48 | €60,470 | €54,877 | -€5,593 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €18,413 | €10,632 | -€7,781 | -42.3% |
| Financial debts | 43 | - | €24,000 | +€24,000 | |
| Credit institutions | 430/8 | - | €24,000 | +€24,000 | |
| Trade debts | 44 | €19,403 | €12,447 | -€6,957 | -35.9% |
| Suppliers | 440/4 | €19,403 | €12,447 | -€6,957 | -35.9% |
| Taxes, remuneration and social security | 45 | €22,654 | €7,799 | -€14,855 | -65.6% |
| Taxes | 450/3 | €22,654 | €7,799 | -€14,855 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,235 | €13,545 | -€11,690 | -46.3% |
| Other operating charges | 640/8 | €998 | €697 | -€302 | -30.2% |
| Non-recurring operating charges | 66A | - | €2,760 | +€2,760 | |
| Gross operating margin | 9900 | €29,737 | -€36,917 | -€66,654 | |
| Operating profit (loss) | 9901 | €3,504 | -€53,919 | -€57,423 | |
| Financial income | 75/76B | €3,207 | €3,006 | -€201 | -6.3% |
| Recurring financial income | 75 | €3,207 | €3,006 | -€201 | -6.3% |
| Financial charges | 65/66B | €745 | €814 | +€69 | +9.2% |
| Recurring financial charges | 65 | €745 | €814 | +€69 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €5,966 | -€51,727 | -€57,692 | |
| Profit (loss) for the period | 9904 | €5,966 | -€51,727 | -€57,692 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,966 | -€51,727 | -€57,692 |
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 18 October 2026 via checked.be.